What Is ACCA?

The Association of Chartered Certified Accountants (ACCA) institute, which was formed in 1904, is the global professional accounting body offering the qualification of a Chartered Certified Accountant. With 2,00,000+ members and 4,86,000+ students in 180 countries, ACCA is a fast growing international accountancy organisation.

ACCA qualification is a great way to build a career in Accounts and Finance, as a globally recognized education and updated / industry relevant content. Students are able to pursue this along with their degree. This qualification is made more attractive by its flexible examination scheme.

ACCA Students may:

Earn Accounting and Business Diploma / Advance Diploma and continue to earn ACCA Member Status
Earn a BSc. (Hons) an Applied Accounting degree from Oxford Brookes University
Get an MSc in Accountancy from the University of London

Why ACCA?

Because

Recognized Globally in over 78 markets, and has more than 80 partnerships with international accounting bodies.
Communicates Credibility since your skill is tested over 14 rigorous exams (including ethics module) and is a great way to give your curriculum vitae edge.
Well Designed Curriculum that is continuously updated to develop knowledge, skills and professional values relevant to industry.
Long Term Career since ACCA trains you at senior management level to perform strategic roles.
Much Cheaper than other courses

Career Options

ACCA Qualifications open multiple opportunities for a wide range of organizations since:
Holistic curriculum approach trains you in a variety of roles; you can continue with strategic tasks
Multinational organizations like the Big 4 and a significant number of captives / KPOs are aware of the ACCA qualification, as their members / students are spread across 181 countries.

Role of ACCA Member

Some of the roles performed by ACCA members:

Course Structure

To qualify as a member of the ACCA a candidate must do the following:

Tentative and clear 13 examinations (ACCA provides exemptions in some examinations depending on the previous qualification of the candidate)
Record the experience of 36 months on a relevant role. After completion of the qualification, the candidate can acquire the experience before / during/.
Complete the Modul of Ethics and Professional Skills.

ACCA 's 13 courses and exams are split into three levels: Knowledge , Skills & Professional.

Knowledge Level

Accountant in Business (AB)
Management Accounting (MA)
Financial Accounting (FA)

Candidates are awarded the Accounting and Business Diploma (RQF Level 4) upon successful completion of First Three Exams. i.e. Accountant in Business (AB), Management Accounting (MA) and Financial Accounting (FA) exams PLUS completion of the Foundations in Professionalism.

Skills Level

Corporate and Business Law(LW)
Performance Management
Taxation (TX)
Financial Reporting (FR)
Audit and Assurance (AA)
Financial Management (FM)

Students are awarded the Advanced Diploma in Accounting and Business once they have successfully completed the Applied Skills exams (either passed or exempted). There must have been at least two of those papers sat and passed.

Professional Level

Compulsoray:

Strategic Business Leader(SBL)
Strategic Business Reporting(SBR)

Optionals:

(Any 2)

Advanced Financial Management (AFM)
Advanced Performance Management (APM)
Advanced Taxation (ATX)
Advanced Audit and Assurance (AAA)

A Strategic Professional Certificate is awarded to students when they have successfully completed all of the ACCA Qualification Strategic Professional exams. These are the two Strategic Professional Essentials examinations and any two of the Strategic Professional Options examinations.

Ethics and Professional Skills Module

Students are required to complete 20 hrs of Ethics and Professional Skills Module which develops the full range of skills that employers require in students.

Students are willing to shine with recruiters by introducing students to the full spectrum of advanced ethical and professional skills and exposing them to realistic business situations and being truly credible on the job.

Practical Experience Requirement

To qualify as a member of the ACCA, the candidate must complete a relevant work experience of at least 36 months and achieve 9 performance goals.

A practical experience supervisor must sign off the time of the candidate in a relevant role and the performance goals.

Eligibility, Duration

Current Qualification	No. Of Exams to be given	Exemptions
12th pass	13*	None
Commerce Graduate	9	AB, MA, FA, LW
CA IPCC (Both Groups)	8#	AB, MA, FA, TX,AA
CA	4#	AB-FM (9 subjects)

Please note that these details are tentative, to find out more about eligibility and exemptions based on your current qualification, please visit https://www.accaglobal.com/gb/en/help/exemptions-calculator.html

* Minimum Entry Requirements:

10th Pass from Cambridge or 12th Pass in Commerce, ICS, Pre-engineering or Pre-medical. Marks doesn't matters.

# Please note that even a CA Final Candidate may be eligible to receive more exemptions if he / she scored 40 + marks in the CA Final Examination in the relevant subject matter.

Similarly, a candidate who has not qualified for CA IPCC Exams but has scored more than 40 marks in the subject matter of CA IPCC Exam is eligible for more exemptions.

ACCA Exam Pattern

ACCA Foundation Level Exams

Duration: 2 Hrs
Questions: 50
Total Marks 100 Marks
Passing Marks 50 (50%)

ACCA Applied Knowledge Exams

Section A contains objective test questions (OTs)

Section B contains multi-task questions (MTQs)

Duration: 2 Hrs
Questions: 50
Total Marks 100 Marks
Passing Marks 50 (50%)

Note: The Business Accountant (AB), Management Accounting (MA) and Financial Accounting (FA) exams have the same structure and syllabus as the Diploma Exams at the Foundation level (FAB, FMA, and FFA, respectively).

ACCA Applied Skills Exams

Using spreadsheets and processing tools, a variety of OT questions, multi-task questions and constructed answers questions.

Duration: 3 Hrs and 15 Minutes for reading
Total Marks 100 Marks
Passing Marks 50 (50%)

The 3-hour examination will evaluate all parts of the syllabus and test knowledge and some exhaustive or application of this knowledge.

When are the ACCA exams held?

ACCA has a flexible approach to study.

ACCA has two kinds of computer-based examinations.

CBEs on-demand: AB-LW: can take these exams at any time of year.
Session CBEs: PM-FM: The examinations take place in four exam sessions: March, June, September and December.
Strategic professional paper Based examinations: Essentials and 2 options: These examinations take place in four examination sessions: March, June, September and December.
Strategic professional CBE: introducing from the beginning March 2021.

For More Information or Query, Visit ACCA Official Website: www.accaglobal.com