ACCA

ACCA (The Association of Chartered Certified Accountants):
ACCA is a global body for professional accountants. They aim to offer business relevant qualifications to people around the world seeking a rewarding career in accountancy, finance and management. They support members and students from over 170 countries. ACCA has statutory recognition in the U.K., Ireland and European Union and many other countries. ACCA members can practice as public accountants in over 70 countries. ACCA trained personnel have a deep knowledge and understanding of IFRS which is increasingly relevant in India, as India moves forward from local IAS (Indian Accounting Standards) to IFRS (International Financial Reporting Standards). Please visit the following website for additional information on ACCA and its professional certification Program: www.accaglobal.com

ACCA and Symbiosis College of Arts and Commerce:
We are very proud to mention that ACCA signed a Memorandum of Understanding (MOU) with Symbiosis College of Arts and Commerce in August 2013 and since then Symbiosis has had the privilege of being a university partner of ACCA. More than 500 students have enrolled with us till date and some of our students have also achieved India Ranks & World Ranks.

Integration of ACCA with BCOM
As a natural progression, the College has integrated the ACCA Program with the regular B. Com Program, from the academic year 2018-19. This Integrated Program will lead to a degree of B.COM with specialization in ACCOUNTING AND FINANCE.

Meaning of Integration of ACCA with B. Com:
ACCA Certification consists of 13 papers. All these 13 papers have been included in the B. Com syllabus over 3 years and they will have to be pursued in the given order.
Out of these 13 papers, students get exemption for the first 9 papers i.e. ACCA will accept evaluations made and grades given by the College for ACCA qualification. This means students will not be appearing for the ACCA Professional examination conducted by ACCA for these 9 papers. They would only appear for the College exams for these papers.
Remaining 4 papers are integrated in the 3rd year of B.Com. The student will have to appear for two exams for these 4 papers viz. College examination for B. Com Degree and ACCA examinations for ACCA qualification.
College examinations are conducted twice a year i.e. in October and in April. However, ACCA conducts its examination 4 times a year i.e. one attempt per quarter.
As stated earlier the student will be required to appear for the ACCA examinations for the remaining 4 papers, to obtain the ACCA professional qualification and will have to pay exam fees directly to ACCA, at the time of enrolling for the examination. Exam fees for these 4 papers are not included in the college fees.

Following are the benefits to students by opting for this Program:

• Degree in B. Com with specialization in Accounting and Finance
• Exemption of 9 papers towards acquiring Professional Certification of ACCA
• A discounted registration fees of ACCA will be applicable
• Waiver of annual subscription fees for the first year
• Waiver of exemption fees for the first 9 papers
• Electronic copy of ACCA learning material

Annual subscription for second year onwards and ACCA examination fees for the last 4 papers are not included in the college fees and will have to be paid by the student directly to ACCA.

Admission procedure for Students:

• An Indian student will qualify for the ACCA integration Programme only after fulfilling the merit criteria for the regular B. Com Program. This process will commence only after the declaration of 12th Standard results. All details of the admission process will be displayed on the College Website.
• NRI and Foreign students need to get their documents scanned and apply to the International Office of Symbiosis Centre for International Education (SCIE) after the 12th standard results.
• Once a student in his first year opts for B. Com with SPECIALISATION IN ACCOUNTING AND FINANCE (Integrated Program) he/she will not be allowed to change/opt out of the specialization. This means he/she will have to complete all three years of his/her graduation with SPECIALISATION IN ACCOUNTING AND FINANCE.
• Any student previously registered with ACCA, for any of the ACCA programs is eligible for the exemptions, only after the payment of exemption fees to ACCA.

Fees

The course titles for the MAJOR paper for the integrated Programme (B. Com with SPECIALISATION IN ACCOUNTING AND FINANCE) will be as follows:

FY. B. Com

SY. B. Com

TY. B. Com