ACCA Salary in India [Freshers & In Big 4] – Updated 2024

Recognised as the international counterpart of India’s coveted Chartered Accountant certification, ACCA has become a preferred choice for students worldwide. 

If you are ACCA-qualified and looking for details on ACCA salary prospects, you’ve come to the right place.

This blog provides detailed insights on the ACCA salary in India for freshers and experienced professionals. Learn about the global opportunities and scope of the certification, including in the Big 4.

ACCA Annual Salary Based On Job Roles

In India, the salary of an ACCA may vary with the job location, position applied for and years of experience. A regular Chartered Accountant earns around INR 2 LPA to 15 LPA. However, after qualifying for the ACCA exams, professionals can expect different salary ranges depending on their designation and work experience. 

ACCA Salary for Freshers

In India, freshers with an ACCA certification find opportunities in roles akin to those of Indian Chartered Accountants. 

Numerous accounting and finance firms now actively consider ACCA freshers for entry-level positions, including Financial Analysts, Accounts Executives, and Accounts and Taxation Specialists. Joining a reputed company can offer significant prospects for a thriving career. Eligible candidates can land a position in reputed firms, such as Grant Thornton, Deloitte, and KPMG, to name a few. 

The annual income of an ACCA member ranges between INR 6.4 and 39.5 LPA, but the figure is lower for an ACCA Affiliate and a fresher. 

As ACCA members gain experience and expertise, they can expect higher remuneration and career growth in the dynamic fields of accounting and finance. Your career stage before obtaining the ACCA certificate also plays a crucial role in determining your average salary as an ACCA. 

ACCA Salary in Big 4

The Big 4 companies, comprising Deloitte, PricewaterhouseCoopers (PwC), Ernst & Young (EY), and KPMG, are renowned global professional services firms with a significant presence in India. These firms offer diverse services, including audit, taxation, consulting, and advisory services, attracting top talents in the finance and accounting sectors. The average annual salary in the Big 4 companies can vary based on job role, experience level, and location.

Here’s the average annual salary information for each of the Big 4 companies in India:

Deloitte:

PricewaterhouseCoopers (PwC):

Ernst & Young (EY):

KPMG:

ACCA Salary Abroad

A significant benefit of pursuing the ACCA certification is the vast range of international job opportunities it offers. ACCA-qualified professionals can work in India and several other countries, including Canada, the UK, the UAE, Australia, Singapore and Ireland. 

The global recognition of ACCA makes it a valuable qualification, enabling individuals to explore diverse accounting positions and career prospects in various nations worldwide.

Here we discuss the ACCA salary prospects in a few countries across the world:

ACCA Salary in Australia

The ACCA credential is recognised and acknowledged by the Certified Practicing Accountant (CPA) Australia and the Institute of Public Accountants in Australia. International ACCA members can join the Institute of Public Accountants by clearing the Australian Tax and Law exams. 

The annual salary of a Chartered Accountant in Australia varies based on experience and job roles. The salary of an ACCA holder in Australia ranges between AU$ 53,000 and 100,000 (Australian dollars).

ACCA Salary in Canada

Although Canada does not recognise ACCA as a Chartered Accountant credential, it can significantly enhance career prospects in the financial sector. 

In Canada, the ACCA qualification is considered equivalent to a bachelor’s degree of three years, making it a foundation for applying to postgraduate degree programmes. The salary of an ACCA in Canada ranges between  C$ 71,000 and 117,000 (Canadian dollars).

ACCA Salary in the UK

In the UK, a CA through ACCA gains the authority to sign and is qualified to pursue an accountancy career. Moreover, numerous colleges accept ACCA as equivalent to a bachelor’s degree in accountancy, enabling ACCA graduates to qualify for admission into graduate studies or advanced study programmes, further enhancing their professional and educational prospects.

ACCA-qualified individuals hold a prestigious position in the United Kingdom as recognised members of the Consultative Committee of Accountancy Bodies (CCAB), an official auditing authority. The salary of an ACCA in the UK ranges between £ 21,000 and 51,000 (Great Britain Pound) annually. This, of course, increases with experience. 

Conclusion

The ACCA certification stands out with global acceptance and lucrative pay packages. If you are interested in accounting and want a global career, consider pursuing an ACCA certification course. 

The Wall Street School, India, has curated ACCA prep courses for students with the help of leading experts with more than 20 years of corporate experience. Along with expert guidance, students also get personalised evaluations of their test performance from experts. Visit the Wall Street School, India, to learn more about the courses.

FAQs

• Is CA more challenging than ACCA?

The CA course is more challenging than the ACCA course in terms of passing percentage, curriculum, subjects, and flexibility. 

• How many attempts are allowed in ACCA?

ACCA has four exam cycles per year for in-person and online exams that are remotely invigilated. Over a calendar year, students are permitted to take a total of eight tests, four during each exam cycle.

• Is ACCA valued in India?

The Big Four and other prominent international corporations in India recognise the ACCA. Thus, ACCA-qualified candidates can apply for positions like Financial Analysts, Accountants, Auditors, and Finance Managers, to name a few.