ACCA – Association of Chartered Certified Accountants
ACCA is the global body for professional accountants. We aim to offer business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management.
Founded in 1904, ACCA has consistently held unique core values: opportunity, diversity, innovation, integrity and accountability. We believe that accountants bring value to economies in all stages of development. We aim to develop capacity in the profession and encourage the adoption of consistent global standards. Our values are aligned to the needs of employers in all sectors and we ensure that, through our qualifications, we prepare accountants for business. We work to open up the profession to people of all backgrounds and remove artificial barriers to entry, ensuring that our qualifications and their delivery meet the diverse needs of trainee professionals and their employers.
Foundation in Accountancy route:
- Must be 18 or over
- Students who successfully complete the Diploma in Accounting and Business via Foundations in Accountancy can transfer to the ACCA Qualification and commence their studies from F4 onwards
- Gain exemptions from ACCA papers F1-F3
Graduate Entry Route:
- Relevant degree holders from ACCA-accredited institutions may be exempt* from up to nine exams within the Knowledge & Skills levels and register directly at the Professional level
- Holders of recognised business and/or accounting degrees may also qualify for exemptions*
ACCA MODULES
Knowledge Modules:
- F1- Accountant in Business
- F2- Management Accounting
- F3- Financial Accounting
Skills Modules:
- F4- Corporate and Business law
- F5- Performance Management
- F6- Taxation
- F7- Financial Reporting
- F8- Audit & Assurance
- F9- Financial Management
Professional Modules:
- P1- Governance, Risk & Ethics
- P2- Corporate Reporting
- P3- Business Analysis
Optional units: (choose any two):
- P4- Advanced Financial Management
- P5- Advanced Performance Management
- P6- Advanced Taxation
- P7- Advanced Audit and Assurance
ACCA Examination Regulations
- All modules must be sat in order
- Maximum of four papers to be taken in one sitting
- The three Essentials papers do not have to be sat together
- Papers within a module may be sat in any order but ACCA recommends that they should be sat in numerical order
- Papers from a variety of modules may be sat at any one time. i.e. Knowledge and Skills or Skills and Essentials
- Students have 10 years to pass all the examinations
- The pass mark for all examinations is 50%
- In addition to the above 14 papers, students are required to study and sit an online module in Professional ethics. It is recommended that this is studied at the same time as P1.
Putting you in charge of your studies and career
- You can study full-time or part-time around work. You can choose to self-study or study with a tuition provider. You can progress at your own pace and start at the right level for you.
- Once you qualify with ACCA you can gain exemption from parts of other academic qualifications, making it quicker for you to complete them.
- Having both financial and management accounting skills means that you can move between roles, industries and sectors.
- We provide you with the core knowledge in all areas of accountancy to ensure you have the complete skillset required of a finance professional, and so that you can choose the right finance role for you in any industry.
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