ACCA: When was it founded and why is it important to be a member?

Čo v článku nájdete:

• Why is the topic ACCA topical and important today?
• Who should be interested in ACCA?
• A bit of history, when and why did the ACCA arise?
• ACCA Mission and Values
• What are its main values?
• Why be part of the ACCA?
• How to become an ACCA member?

Why is the topic ACCA topical and important today?

Today’s dynamic labour market places new conditions and companies are looking for not only accountants, but strategic partners who understand numbers can think analytically, ethically and globally. The financial market today also addresses challenges such as digitisation, the ESG (environmental, social and management factors), cybersecurity and artificial intelligence. It is ACCA that prepares experts to meet these challenges.

Who should be interested in ACCA?

The ACCA may be interested in university students, whose membership of this institution will provide a competitive advantage on the domestic and foreign labour market. At the same time, membership of ACCA is good for accountants and auditors who want to grow professionally or apply international markets. Financial analysts, entrepreneurs and managers who want to understand finance from a professional perspective are also interested.

A bit of history, when and why did the ACCA arise?

ACCA was established in London in 1904 in response to the need to make quality education and professional recognition available to a wider audience. At the beginning of the 20th century most of the professional associations in the field of accounting were closed, elitist and focused mainly on a narrow group of privileged. ACCA decided to go another way.

The intention of the ACCA founders was clear. They wanted to make the qualifications available to all, not just the elites. The vision was to open the door to the profession to anyone with skills and determination, regardless of social or economic origin.

Objective to create an inclusive, progressive and independent organisation that promotes equal opportunities. As a result, the ACCA became significantly different from other professional institutions at the time. Even today, ACCA operates on the same principles. Over time, initially only the British ACCA initiative has been promoted to the largest global organisation for accountants and financial professionals. Today it has more than 252,000 members and 526,000 students (future members) based in 180 countries.

As they write on their ACCA siteThe ACCA believes that accounting is the cornerstone of a company that supports both the private and public sectors. It is therefore the ACCA’s determination to develop a strong global accounting profession and also the many benefits it brings to organisations, individuals and companies. ACCA regularly updates its study programme to reflect the latest trends and challenges in finance, whether we are talking about digitisation, sustainable business or artificial intelligence. In addition, it also cooperates with universities, firms and regulators around the world. In more than one century of its existence, ACCA has profiled itself not only as a provider of prestigious qualifications, but also as an ethical and valuable leader in the world of finance. The mission of the ACCA goes beyond the limits of professional competence, it shapes standards, promotes transparency and contributes to building confidence in the economic system.

Tip: Read all the important historic milers ACCA ordered chronologically directly on the institution’s website.

ACCA Mission and Values

ACCA is not just a qualification. It is a philosophy of professional and ethical behaviour that is passed on to each member. Since its inception, the organisation has based itself on clear principles that determine its direction and values. Today, the ACCA is considered a leader not only for its professional content, but also for what it represents.

What are its main values?

Inclusion – an opportunity for everyone

ACCA was created with a vision to make education and professional growth accessible to everyone, regardless of origin, culture, religion or economic background. This principle has been maintained to this day. The organisation actively removes artificial barriers, promotes equal opportunities and creates links between cultures, regions and professionals around the world.

Integrity – basis of trust

At a time when confidence in financial institutions is often shaken, the ACCA stresses ethics, honesty and accountability. Each member of the organisation undertakes to act in the public interest and to make decisions in order to take into account the long-term benefit, not the short-term profit.

Innovation ready for the future

The world of finance is changing fast, and the ACCA doesn’t just want to react – it wants to be a step forward. It supports the search for new solutions, openness to technology as well as the ability to adapt to change.

Why be part of the ACCA?

Becoming an ACCA member doesn’t just mean getting a professional degree. It opens the door to a number of advantages that can fundamentally affect your career and personal development. Here are a few reasons why it is worth being part of ACCA:

Membership of the global professional community

The ACCA brings together over 240,000 members and half a million students in over 180 countries. This community offers the opportunity to share experience, learn from other professionals and establish contacts with experts from different areas of accounting and audit to strategy and leadership. Members can use the network of local offices, online forums, professional events and thematic groups.

Possibilities of application on domestic and foreign markets

Thanks to the international recognition of ACCA qualifications, members have a greater advantage in finding a job, whether they stay in their country or decide to develop a career abroad. ACCA is respected by employers in all sectors from large international corporations to start-ups to the public sector and non-profit organisations.

Continuing education

Members have access to the latest studies, trend analyses, webinars, e-learning courses and tools that help them stay in the picture and move forward.

Labour market prestige and trust

Next to the name, the brand It is synonymous with expertise, ethics, reliability and international standard. ACCA membership often means a higher level of trust by employers, clients and business partners. For many, this is a clear signal: This man knows what he’s doing, and he’s doing it right.

How to become an ACCA member?

One of the greatest advantages of ACCA is its open and flexible approach to candidates. It doesn’t matter whether you’re a student, a starting accountant or experienced professional, ACCA provides an opportunity for everyone. 13 trials have to be passed in order to obtain an ACCA qualification and therefore an organisation membership. Nine of them are basic and four more optional. However, if you have completed certain disciplines during university studies, you can apply for up to nine examinations. In addition, the ACCA qualification requires a professional ethical module (Professional Ethics Module). It is an online training program during which students respond to different ethically challenging situations. One of the greatest advantages of ACCA is flexibility. The study can be completed at its own pace, along with work, business or other responsibilities. The exams are held on a quarterly basis, and you can choose how many of them you take each year. Many applicants study online, through ACCA partners or separately, according to their preferences and options. Thanks to this flexibility, ACCA is also available to people who want to retrain, expand their competences or increase their skills. For many experts, ACCA membership is a way to systematically develop their skills, gain access to the international community and remain relevant in a constantly changing world. Whether it is career development, international recognition or personal growth, ACCA has its place in a modern financial environment. If you have ever thought about how to get a head start in the financial world, build trust in clients, employers or investors, perhaps ACCA is the answer.

Do you want your company to be represented by professionals? So don’t hesitate contact.

If you are still hesitating, read the latest News in the field of taxes and accounting for April 2025 ☕️☕️☕️