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After passing the 12th class, is ACCA a good option?

I would advise you to take both B.Com (Full time) from a normal college & ACCA. As ACCA is recognized only when you complete all the 14 papers & also have three years of working experience. 
B.Com is a time bound degree. Even if you study averagely you will pass B.Com in three years. But ACCA requires hard work. So plan to do 4 ACCA papers in a year. Thereby completing ACCA in 14/4 = 3.5 years.
But its not so easy to clear in 3.5 years, it may take even 3.5 - 4.5 years.
So if you pursue ACCA alone you will geta job in 3.5 - 4.5 years.
But if you have B.Com+ACCA you could go to a job at the third year after completeing B.Com & thereafter you would be mostly left out 4 subjects in ACCA, which you could go for work & study too.
So inorder to be on the safe side do both B.Com+ACCA
Note: This is a genral advice. Consult a professor or educated elder before making your choice.
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