Content navigation ACCA employment prospects ACCA application conditions ACCA pre-test preparation ACCA exam notes
ACCA employment prospects
A, the big four accounting firms
For ACCA licensees, the starting salary is relatively general, compared to the complicated workload may be some not worth it, but the reputation of the work of 3-5 years after the work of a good reputation, the work of a good reputation, the work of 3-5 years after the work of a good reputation, the work of a good reputation, the work of a good reputation, the work of a good reputation, the work of the work of a good reputation, the work of a good reputation. After 3-5 years of work, the hope of going abroad to study business school or transfer to other foreign enterprises is very big, so there is a "springboard for talent".
The Big Four have both auditing and consulting positions, but after the auditing scandal in 2002, most of the consulting business was spun off, and it is now more difficult to get consulting positions. However, even if you do general audit work at a Big 4 firm, there are many opportunities to learn and practice business consulting.
The Big Four's general reference salary for new recruits is 100,000RMB/year at PwC, plus travel subsidies and bonuses, etc., which may reach 130,000RMB/year, and close to 160,000RMB/year for those who work outside the office frequently, while the other three are slightly higher than PwC. Consulting positions pay a little more than audit positions. As your work timeframe increases, the salary will gradually take off, and if you become a partner, the salary will be immeasurable, and a million dollars a year is very common among Big 4 partners.
Two, domestic accounting firms
The majority of domestic accounting firms in the industry is indeed slightly lower than the "Big Four" salary, but after a few years of work 25-35 million annual salary is also there. In terms of work intensity, the pressure of domestic firms is correspondingly lower than that of the "Big Four".
Three, state-owned large and medium-sized enterprises
Domestic corporate finance starting salary is generally not very high, just graduated from the first year of the general starting salary of 50,000 to 80,000 yuan, but if you do the financial director or manager, the annual salary can reach 300,000 yuan. For people with ACCA qualifications, career development will be very fast, and the salary increase will also be very large ACCA employment prospects are very considerable.
Four, certain staff treatment is very high large foreign enterprises
Foreign enterprises wages are not necessarily as high as investment banks, consulting firms, but the good thing is that the job responsibilities are clear, the cultivation of the individual and the future of diversity far more than the investment banks, practicality over the consulting firms, the future engaged in the work of the business is very favorable. Moreover, the work intensity of foreign companies is generally much lower than that of investment banks, and comes with many training opportunities, which can be said to be very cost-effective.
Some large foreign companies reference salary (different departments often differ greatly, to the first year of the higher salary shall prevail): P&G marketing or finance department 70,000-10,000RMB/year, Maersk 100,000-20,000,000, Mars 12,000 or so. Johnson & Johnson, Unilever slightly lower than P&G.
Fifth, foreign-funded commercial banks or all-powerful banks
such as ABN AMRO, Societe Generale, HSBC, Barclays Bank, etc., their investment banking and commercial banking diaphragm is not very large, but the various departments of the salary also has some difference, but often much higher than the average consumer banking, insurance positions. In any case, these foreign-owned full-service banks give a more comprehensive workout than investment banks, with a higher probability of switching between departments, so the future may not be as good as that of an investment bank or consulting firm.
Reference salaries for foreign-owned full-service banks: up to 400,000-800,000RMB/year for investment banking jobs, 70,000-120,000RMB/year for commercial banking jobs, and possibly up to 200,000RMB/year for the better ones.
Six, foreign investment banks
Special reference to Goldman Sachs, Morgan Stanley, Citigroup Global Investors, Lehman Brothers, Deutsche Bank, Credit Suisse First Boston, UBS Warburg and other overseas first-class investment banks, they have representative offices or branches in China. Investment banks recruit graduates in China from different workplaces such as Tokyo, Hong Kong, Singapore, Beijing and Shanghai.
Reference salary for investment banks (first year graduate students, undergraduates may be slightly lower): Goldman Sachs Tokyo 900,000RMB/year, Deutsche Asia Pacific 750,000RMB/year, Morgan Stanley Beijing 250,000RMB/year (end of the year dividends are calculated separately).
Seven, joint venture or Chinese investment banks
Including CICC, Gowers Securities, BOCI can barely be counted as one. In fact, CICC is the Chinese equivalent of Morgan Stanley's branch, with extremely high salaries. Gowers is the Chinese equivalent of Goldman Sachs, which has not been organized for a long time and its future is not yet known. Salaries can be compared to foreign investment banks, which are generally slightly lower.
Eight, foreign consulting companies
Special reference to McKinsey and Company, Bain, Boston Consulting Group, Morrisons, Mercer, Aysenche and other overseas first-class consulting firms, which can be divided into management consulting, investment consulting, human resources consulting, market consulting, technology consulting and other segments. Consulting company salary gap is relatively large, but the work of 3-5 years can have a very substantial salary increase, senior consultant salary is no less than investment bankers.
Reference salary of consulting companies: McKinsey, Bain 150,000-200,000RMB/year, Roland Berger 100,000RMB\year, and the rest of the in-between. The second year salary increase of 100%, the third year up 50%-100%, three to four years after the annual salary can generally exceed 500,000RMB.
The above starting salary status of these companies that favor ACCA, to give you a reference to these goals to work towards it!
ACCA Application Requirements
(a) What are the requirements for applying for ACCA?
Isn't the threshold for such a lofty name as International Certified Public Accountant also particularly high? Is it necessary to have a Bachelor's degree or a Master's degree or a PhD to be able to apply for the exam?
Applying to take the ACCA exams, you must first register to become an ACCA member, and the registration needs to meet one of the following conditions:
1, where the Ministry of Education recognized college and above, you can enroll to become a formal student of ACCA;
2, recognized by the Ministry of Education of the higher education institutions, the successful completion of all the courses of the first year of examination, you can enroll to become a formal student of ACCA;
2, the Ministry of Education recognized higher education institutions, successful completion of all the courses of the examination, you can enroll to become a ACCA formal students;
3, not meet the 1, 2 qualifications of the applicant, you can apply to take the FIA qualifying examination, through the FFA, FMA, FAB three courses, you can apply for transfer to ACCA and exempted from the F1-F3 three courses of the examination, direct access to the ACCA skills course stage of the examination.
So it is not necessary to have a bachelor's degree in order to take the ACCA exam, the qualification is college can be.
(ii) What information do I need to prepare for the examination?
It was mentioned above that before applying to take the exam, you must first register as a member of ACCA, and the documents required for registration:
1, original ID card, photocopies, and translations.
2, proof of academic qualifications/degrees (students enrolled in higher education need to submit a letter of proof of enrollment issued by the school and the transcripts of all the courses passed in the first year) original, photocopies, translations.
3. If you are majoring in management, computer science, law or MBA, please submit the original transcripts (stamped with the official seal of the school), photocopies and translations.
4. Proof of English proficiency (CET-6, TOEFL 550, GMAT 550 or ITES 6.5 or above) original, copy, and translation.
5. A recent two-inch photo.
6. A bank draft for the registration fee of 72 pounds, payable to "The Association of Chartered Certified Accountants" or
ACCA
. Please check the spelling of the bank draft made payable to "The Association of Chartered Certified Accountants" or "ACCA". If the spelling is wrong, the draft will be invalid.
7. Submit the completed registration application form and complete documentation to the Beijing or Shanghai office for review and processing.
If you are a working candidate, you do not need to submit the originals of the following documents, but you need to submit a stamped photocopy of them, which must also bear the signature and endorsement of the general manager or HR manager of your company:
Template: "Certified true copy by *name *job title ". (*Note: Fill in the name and position of this manager)
ACCA pre-test preparation
1, do more practice more thinking
No matter what the test or, in addition to listening carefully to the teacher's lectures, the focus of knowledge consolidation is still inseparable from the focus of more questions and more practice. And do the cycle is not a week, a month, but every day to insist on doing questions, only every day to insist on doing questions, in order to make the whole person become numb, in the examination to answer questions to become more comfortable. In addition, while doing the questions should also learn to think more, cite one to three, so as to further consolidate the knowledge points.
2, pay attention to the specification
Often said: "details determine success or failure" in the examination is also a reason, most of the candidates often do not pay attention to the norms of the answer, not according to the standard to answer the question and lose points. Only one point short of the passing standard, it is likely that this point from the irregular answer, then this is a great pity.
So, candidates in the daily questions, but also to be strict with themselves, according to the norms of good, to reduce the possibility of being deducted points.
3, before the exam to revisit the basics
In the one or two weeks before the exam, we still do not go to do the difficult questions, in such a short time to attack the difficult problems, to get the benefits are also very little. Therefore, in the days before the exam, we are advised to return to the basic knowledge points, revisit the basic topics, and understand the knowledge thoroughly.
4, learn to summarize
We are in the process of doing the questions, not that the more questions will be the better, in the process of doing the questions, we will inevitably also encounter do not understand or do the wrong questions. This is the time to write down the wrong questions, and analyze and summarize why they are wrong, from which they continue to improve themselves, and strive to do the best.
How to prepare for the exam?
Adjustment of mind before the examination
In the days before the examination, it is not appropriate to do too many questions, in order to let themselves have a good state of mind to the examination, a week before the examination, candidates should be well adjusted to their own state of mind, if you feel stressed, you can go out and listen to music, etc., anyway, don't let yourself have too much pressure.
Moderate self-confidence and optimism
Prior to the exam, many candidates will have a "pre-test anxiety", that is, they are worried about their own test is not good, the heart is very nervous and so on the performance of anxiety. For this situation, I suggest that we should let go a little bit, with an optimistic mindset to deal with, improve their self-confidence, so as not to affect the state of their own exams.
Rest and relaxation time should be regular
Mental state is good, mainly depends on their own rest is good, therefore, to ensure that the daily sleep time and quality is very important. Before the exam, we should not go to the late night review, this will only be counterproductive, but affect the state of the exam play.
ACCA exam notes
A, ACCA machine test pre-test notes
1, the candidates must arrive 30 minutes in advance to the examination room, after identity verification, sign in.
2. Candidates are advised to familiarize themselves with the process of machine examination before the test. Two ways are available: first, you can take the test online; second, you can take the test directly at the machine test center (1 hour in advance).
3. If candidates have already signed in at the test center, if they need to leave the test center due to special circumstances, they must communicate with the invigilators in time.
4, 15 minutes before the exam can enter the examination room, remember that late is a taboo test.
Second, ACCA machine examination notes
1, the candidates must bring items: ID cards, pens, single function calculator
2, the examination room taboos: do not carry electronic products, cell phones and other communication devices need to be turned off. In accordance with the requirements of the invigilator, placed in the designated location. Books, notes and other materials related to the examination, do not carry with you. Once found, it is regarded as a violation. In addition, you can not bring food and drinks into the examination room, excluding, of course, unpackaged transparent bottled water.
3, the candidates enter the examination room, find the corresponding seat, must take out the ID card and pass to be placed in the corner of the table, so that the invigilator can check.
4. The invigilator will inform the candidates about the discipline of the examination room before the official start of the examination.
5. The invigilator will issue draft paper after the test begins. Each candidate will be given one piece of paper, which will be collected at the end of the examination.
6. Do not scribble on the pass or make a draft directly.
After the exam begins, the invigilator will issue one piece of draft paper to each candidate, which will be retrieved at the end of the exam. If you need more sketch paper during the exam, please raise your hand to request it from the invigilator. Please do not write on areas other than the draft paper, for example, by making drafts on your pass card or other papers.
7. Candidates who fail to arrive at the examination center one hour after the start of the examination will not be allowed to enter.
Three, ACCA machine test questions notes
1, ACCA machine test, be sure to let yourself relax first, the brain will be the first before the focus of knowledge quickly recall.
2, the examination process, do not go into this difficult problem is not solved, I vowed not to stop the misunderstanding. The first thing you need to do is to focus on the principle of the first easy and then the hard.
Four, ACCA machine test after the examination notes
1, candidates Note: After the examination, the results notification form need to print two copies. One for yourself and one for the center of gravity of the machine exam.
2, the examination results Note: After the examination, the machine examination center will upload the results. Within three days, MYACCA score records can be viewed. In the case of quarterly machine exams, exam results are usually posted 40 days after the exam is over.
Do you remember all these ACCA machine exam notes? Understand in advance, for ACCA machine examination to do a more comprehensive preparation oh! Wish: all candidates a pass, horse to success!