CAREER AWARENESS SESSION ON CAREER OPPORTUNITIES AS ACCA

 The PG Department of Commerce and Management in collaboration with Committee for Competitive Examinations, of PCM SD College for Women, Jalandhar. organized a Career Awareness Session on “Career Opportunities as ACCA (Association of Chartered Certified Accountants)” 20th February (Thursday) at 11:40 am via Google Meet. The objective of this event was to provide the essentials for Career Opportunities as ACCA.

The resource person, Mrs. Sukhpreet Monga, a renowned expert with multiple credentials such as ACCA, CA, CPA, and CGA Canada. An Auditing and Tax Consultant and Outsourcing Service Provider by profession.

During the session, she stressed the imperative need for skills that cannot be replaced by artificial intelligence, showing the way, ACCA professionals need to cultivate capabilities in interpreting financial statements and comprehending the narrative behind the figures. She called ACCA a far-reaching and holistic program that encompasses different aspects like costing, finance, accounting, auditing, law, leadership, analytics, and communication. Guiding the students she said that students need to analyze the gap between what they are and what they want to achieve and shall later bridge the gap by working on those areas.

To engage participants, she conducted an interactive quiz for testing students' financial awareness and basic accounting concepts which was answered very well by the students. She highlighted that ACCA professionals can look forward to initial salary of Rs. 12-15 lakhs per year, with a 10% annual growth potential. She explained the program's flexible format, which has four sittings in March, June, September, and December, with results declared within 40 days. The course can be done in two to three years, with pass percentages ranging from 40% to 70%.

ACCA is recognized globally in more than 181 countries and has more than 600,000 registered students worldwide. She put ACCA against the CA course, citing ACCA's variability in the syllabus and versatility for making it more popular today in the market. She further pointed out that ACCA practitioners tend to possess a wider spectrum of knowledge and can establish their careers in less time.

A total of 67 participants attended this Seminar, including students and faculty members of PG Department of Commerce and Management. It offered relevant information about the ACCA qualification and career opportunities, specifically highlighting the value of financial reporting expertise and strategic thought in achieving success as finance professionals.

The session successfully outlined how ACCA certification can equip students for the job positions demanding skills in financial analysis, strategic planning, and stakeholder communication that are core competencies needed for future Chief Financial Officers and finance professionals working in a transforming global economy. Overall, it was a learning experience for the students.