Ca+acca or ca+ifrs(diploma) acca

Originally posted by : CA Ankit Gupta
	Dear Members, I am a Qualified Chartered Accountant & Company Secretary with two years post qualification experience & currently working in a reputed Automotive manufacturing organisation. My Current profile is Accounts & Treasury management (normally plant accounting) I am eager to join a reputed course for jump up my current profile/package & for better future prospects & confused whether to join ACCA Qualification/ACCA Dip.(IFRS) in association with KPMG or CPA Australia (with MOU of ICAI). Pls. advise me that what should i join in coordination with my current profile or to get better opportunities.

Hello Ankit,

It all depends on why you would want to add one more qualification. If you wish to raise your overall professional profile (assuming that adding another qualification indeed does that in the place your work) then ACCA is not a bad option.  However, regardless of whether you choose ACCA or CPA your immediate gain would be limited to learning a little more about how accounting, tax or audit work in other countries. So in other words the immediate gain is most likely to be intangible. If you expect to be rewarded monetarily by adding another qualification, regardless of which one it is, it is a hard sell in a competitive environment and you will need to work hard to convince your current or future employer about the new skills and knowledge you have added. Depending upon organisations you work for (e.g. a multinational) adding a foreign qualification may open up opportunities for you. Ideally, these foreign qualifications are of use only when you wish to move out of the country.

ACCA IFRS diploma is a specific test of your IFRS knowledge only.

Hope this helps.