The fundamental differences between ACCA Affiliates and ACCA Members explained (2022)

The Association of Chartered Certified Accountants (ACCA) institute, formed in 1904 is the global professional accounting body offering the “Chartered Certified Accountant” qualification. ACCA is fast growing international accountancy organization with 2,00,000 members and 4,86,000 students in 180 countries.

Students who have passed their ACCA exams (14 papers) but have not yet qualified for membership are referred to as "Affiliates". This award certification is awarded by ACCA in UK. Passing the ACCA exams is only part of what it takes to become a qualified accountant. To become a member, ACCA students will also need work experience and ACCA call it the practical experience requirement (PER). An ACCA student will become an ACCA member upon completion of their ACCA exams, obtained three (3) years’ practical experience and the Professional Ethics module. Once an ACCA student acquired an ACCA member, he or she is able to use the 'ACCA' letters after his or her name.

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TIMESTAMPS:
00:13 - Fundamental Difference between ACCA Member and ACCA Affiliate
00:37 - What is PER ?
01:43 - Job Opportunities for an ACCA Member and an ACCA Affiliate
02:32 - Salary Package of an ACCA Member and an ACCA Affiliate
02:50 - Fees Structure to become an ACCA Member and an ACCA Affiliate
03:15 - Why will applying for an ACCA Membership benefit you?
04:49 - CPD: Continuous Professional Development

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