ACCA eyes Finance & Accountacy space in India

The UK-based Association of Chartered Certified Accounts (ACCA) is eyeing the finance and accountancy (F&A) academic stream in India for bridging skill gaps.
A not-for-profit organisation, ACCA was set up in 1904 by a Royal Charter in the UK by which it imparts training in F&A across 180 countries including India.
"We are aiming to bridge the skill gaps in accountancy and finance in India to make the academia industry-ready," Md Sajid Khan, head of international development of ACCA said.
He said ACCA had tied up with several prominent Indian educational institutes like Christ University, Symbiosis, St Joseph's College of Commerce, Loyola College and others for providing F&A courses to the students.

As compared to the Institute of Chartered Accountants of India (ICAI), ACCA professionals are not allowed to carry out statutory audits or set up audit firms in the country.
Khan said many top Indian corporates like ITC are hiring ACCA professionals at "decent salaries".
The ACCA course could be accessed by Indian students online, he added.