27/12/2020
Myth #5: ACCA isn’t that useful in the workforce; an accounting degree is enough
“Pfft, why do I need ACCA if I’m going to pursue an accounting degree?” you might say.
Well, we’ve got news for you. Many large accounting firms, especially the Big Four (Deloitte, Ernst & Young (EY), KPMG and PricewaterhouseCoopers (PwC)), urge their employees to pursue professional accounting qualifications like ACCA. In fact, some may even subsidise your ACCA fees and give you time off to study. Additionally, promotions and salary increments may be influenced by whether or not you have a professional accounting qualification.
The reason for this is because having the ACCA qualification under your belt shows that you’ve got the right professional and technical knowledge. So, while a Degree in Accounting, Business or Economics is okay, an ACCA qualification will give you the extra edge you need, especially if you’ve set your sights on senior management positions.
Did You Know: Studying accounting at a credible institution will improve your chances of being hired by the Big Four. With Taylor’s, rest assured that you’ll be in good hands as Taylor’s has a holistic learning programme to develop you into a forward-thinking employee.
And there you have it — the 5 major myths about CAT and ACCA which may be stopping you from having a successful career. Now that we’ve smoothly debunked them, you can confidently pursue these qualifications and be on your way to become a chartered accountant!