Why aca

Over , students have chosen to pursue ACCA and they are from countries in the world. The best part of ACCA is its flexibility which allows its students to balance study and work very well. To study ACCA, you can choose not to do any class and can do your own self-study. If you talk about comprehensiveness, ACCA fits the bill perfectly. It prepares the students for technical and management, both domains. With ACCA you would be able to get an excellent education within a short budget.

Moreover, it has a huge global presence and once you do it, you would be recognized as a world-class accountant. Even the top-notch companies prefer ACCA more than any other professionals from the finance domain. There are three levels to the ACA examination, each comprising 15 modules and exams.

It also has international recognition and many students who dream of joining Big 4 companies usually pursue ACA. ACA is also very cost-effective. Under a very small budget, you would be able to get a globally recognized degree and as a result, you would be treated as an expert in the accounting field. Thus we cannot pinpoint the best option for you. Do your soul search and find out which aligns most with your career goals.

If you wish to evaluate other financial certifications, you can also checkout —. Great analysis again. The qualification is made up of four elements, which provide students with a combination of finance knowledge, accountancy skills and real-world business experience. They are:. With the pandemic affecting the global economy, there is a huge demand for employees who can adapt to a disrupted market.

The ACA qualification will ensure that you are capable of managing a variety of financial functions within a business, whether the market is booming or bust.

At Page Kirk, we have spent years perfecting the way we deliver the ACA qualification to our trainees, ensuring that you get the best combination of theory and hands-on practical experience.

The ACA also offers flexibility when it comes to taking exams, ensuring that they can be fitted around you, your work and college.

Made up of four main elements and fifteen separate modules, the ACA is designed to provide you with experience in finance, accountancy skills and real-world business experience. Towards the end of your qualification, alongside help from your mentor, you will be able to decide on the specific path you want to follow throughout the next phase in your career.

The ACA has ethics and professional scepticism embedded into the qualification, meaning you will feel certain that you are making the right decisions. In addition, the ACA holds private insurance companies accountable for charging fair premiums, whether for individual market policies or for employer-sponsored coverage. The medical loss ratio MLR rules require insurance companies to return money to policyholders and employers if their health plans spend less than 80 percent to 85 percent of premium funds on medical care.

The evidence shows that better affordability translates into better access. Between and , the share of nonelderly adults who skipped a medical test or treatment fell 24 percent. ACA implementation reduced the probability of not receiving medical care due to cost by about one-quarter, and it dramatically increased the share of people who reported having a usual place of care. Prior to the ACA, women faced unique barriers to adequate care. Insurers in the individual market could charge women up to 1.

The ACA outlawed gender rating and prohibited insurers from discriminating against people with preexisting conditions.

The latter is a crucial protection for women: About 1 in 2 girls and nonelderly women have a preexisting condition. The ACA mandates that plans include maternity coverage and makes key preventive services available without cost sharing , including breastfeeding support services and supplies; annual well-woman visits; and screenings for cervical cancer, HIV, and interpersonal and domestic violence. Thanks to the ACA, about 61 million women nationwide can access contraception without any out-of-pocket cost.

The ACA also recognized that supporting maternal and infant health required policy changes beyond health coverage. The law mandates that employers provide breastfeeding mothers break time and a private space to express milk during the workday. About 2. Later on, additional young adults gained coverage though marketplace financial assistance and Medicaid expansion. As a result, the uninsured rate among people ages 18 to 24 fell by half, dropping to 15 percent in The ACA raised standards to ensure that children in low- and middle-income families can access health coverage.

About one-quarter to one-third of new enrollees under Medicaid expansion are children. The ACA also defined pediatric dental and vision care as part of essential health benefits, ensuring that kids covered through both the marketplace and Medicaid have coverage for those services.

Further, expanding coverage to adults—through the ACA marketplaces and Medicaid expansion—helps parents stay healthy and provides financial security to the entire family. Prior to the ACA, 9 percent of individual market plans did not cover prescription drugs. By expanding Medicaid eligibility as well as broadening the Medicaid Drug Rebate Program, the ACA gave more low-income Americans access to brand-name and generic drugs and lowered the costs for taxpayers.

The ACA also expanded the B drug discount to include more providers, including critical access hospitals and rural referral centers. The ACA also laid out a process for faster Food and Drug Administration approval of biosimilars , biologic drugs that are essentially analogous to generic versions of branded drugs.

By encouraging competitors for high-cost biologic drugs, the ACA rules on biosimilars can potentially help bring down the price of these types of prescription drug costs and help make new therapies available to patients who need them. These are all important steps toward drug affordability, but there is much more work to be done. Medicaid expansion is particularly important for coverage and the sustainability of the health care system in rural areas. Rural residents are more likely to be covered by Medicaid: Medicaid expansion reduced the amount of uncompensated care that hospitals provide, boosting the financial viability of rural hospitals relative to their counterparts in nonexpansion states.

While more than rural hospitals have closed in the past decade, the closures have occurred disproportionately in nonexpansion states. The ACA provides patients and the health care system with resources to combat the opioid crisis , which has hit rural areas particularly hard. Without this requirement, only 1 in 3 people covered through the individual market would have had access to SUD treatment.

Many people in rural and other medically underserved communities rely on community health centers and other Federally Qualified Health Centers FQHCs for comprehensive primary care.