Programme: ACCA (Association of Chartered Certified Accountants)
What is ACCA?
ACCA is the Association of Chartered Certified Accountants. ACCA is a recognised and truly international qualification, which enables you to become a Chartered Certified Accountant. ACCA is one of the largest and fastest growing accountancy bodies in the world, with an international reputation.
- ACCA has been in existence for over 100 years
- ACCA has nearly 450,000 members and student members
- Every eight minutes someone in the world registers as an ACCA student
- ACCA is represented in 170 countries
- ACCA members work in public practice, industry, commerce and the private sector.
To become a member of ACCA you must:
- Pass up to 14 exams (subject to entry requirements and exemptions)
- Demonstrate your ethics
- Have relevant work experience
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Why choose ACCA?
- You will gain an internationally recognised qualification
- You will have access to job opportunities at the highest levels of business
- You will be able to apply acquired knowledge and skills in any aspect of accounting, finance or in any business
- ACCA has an active programme of building networks with employers
- ACCA will provide a lifelong career and professional development support
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Course Duration (Approximate)
2.5 - 3 Years (Full-Time) and 4 years+ (Part-Time)
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Entry Requirements
The ACCA qualification is open to everyone, although your starting point will be different depending on the previous qualifications you have:
- No previous qualifications and under 21 years of age. You should complete the AAT or CAT qualification first and then move on to ACCA
- No previous qualifications and 21 years of age or over. You can join the ACCA under the Mature Student entry route. This means that you must start with the Knowledge module and more specifically you must initially pass papers F2, and F3 within 2 years
- Two A-levels and three GCSEs in five separate subjects including English and Maths Knowledge Module
- A non-relevant degree/NVQ/Other
Knowledge Module
AAT Qualified Skills Module
CAT Qualified Skills Module
Degree in accountancy, finance, law or management Knowledge/Skills Modules – depends on specific degree exemptions
Exemptions
An exemption means that you do not have to attempt an ACCA exam, because you can prove that you have already passed an equivalent exam in that subject.
ACCA grant exemptions (only from the Knowledge or Skills modules of the Fundamentals level) if you hold a relevant degree or professional qualification. For example, students who have completed the CAT or AAT qualification will be exempt from the three Knowledge papers.
It is recommended that you apply for exemptions when you register as an ACCA student.
You can check the ACCA online database for comprehensive information on exemptions on the ACCA website.
We’re aware that exemptions can cause issues for students in that topics covered in previous studies may have been forgotten or fundamental changes in the subject content may have taken place. We therefore offer a variety of supplementary Knowledge Gap courses designed to overcome this issue.
Graduate students may be awarded exemptions for papers in Parts 1 & 2. An exemption fee must be paid for each paper awarded. Contact ACCA for further information.
Application deadlines for exemptions
- July 31- for December exams
- January 31 - for June exams
Course Structure & Examinations
ACCA is divided into two levels which are sub-divided into two modules
Fundamental Levels
Knowledge Module
F1 Accountant in Business
F2 Management Accounting
F3 Financial Accounting UK
Skills Module
F4 Corporate and Business Law UK
F5 Performance Management
F6 Tax FA 2007
F7 Financial Reporting UK
F8 Audit and Assurance UK
F9 Financial Management UK
Professional Levels
Essentials Module
P1 Professional Accountant
P2 Corporate Reporting UK
P3 Business Analysis
Options Module
P4 Advanced Financial Management
P5 Advanced Performance Management
P6 Advanced Taxation
P7 Advanced Audit and Assurance UK
ACCA Examinations:
Exam regulations summary (full details available from ACCA):
- Students can sit up to four papers from Parts 1 and 2, but papers must be sat in order.
- Students must have completed all Part 1 papers before attempting any Part 3 papers
- Students can sit up to four papers from Parts 2 and 3 but papers must be sat in order
- Students may attempt either one or two option papers at one examination session in any order. Option(s) may be changed at subsequent examination session. Students are required to complete one of the option papers before attempting core papers in Part 3
- The three core papers must be sat together. They can, however, be sat alongside an outstanding paper from Part 2 or one of the option papers so long as one of the option papers have been passed.
- Entry requirements
- There are a number of entry routes, which take into account previous qualifications and allow you to study for the ACCA qualification, provided you are 18 or over.
- If you do not have the standard qualifications, you may apply for Mature Student Entry provided you are over 21. You will be given two years to pass Papers 1.1 & 1.2, and will then have 10 years to complete the remaining papers.
- Relevant graduates may be awarded some exemptions for papers in Parts 1 & 2. An exemption fee must be paid for each paper awarded. Contact ACCA for further information.
- International Qualifications: all countries are viewed separately and ACCA will assess each student individually.
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Exam Progression Rules
To determine where you would start your qualification, please review Entry Requirements.
The rules are generally simple in that you start at the Knowledge Module and work your way through the Skills, Essentials and Options Modules.
- Within a module papers can be taken in any order
- You may overlap two modules as long as you are completing the lower module
- You can sit up to 4 exams in any single exam sitting
How to register with ACCA?
All students who want to sit ACCA examinations must register with ACCA. Further information:
ACCA Connect
64 Finnieston Square
Glasgow G3 8DT
United Kingdom
Tel: +44 (0) 141 582 2000
Fax: +44 (0) 141 582 2222
Email: students@accaglobal.com
Website: www.accaglobal.com
You must finalise your ACCA registration:
By mid Aug - for December exams
By end Dec - for June exams
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ACCA exam dates
There are 2 exam sittings each year: June and December
Registration Deadlines for exams:
October 15 - for December exams
April 15 - for June exams
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What types of ACCA courses are available?
Full - Time:
Full time course attendance will typically involve 2 - 3 study days per week. These courses are aimed at home students who wish to complete ACCA qualification in approximately 2.5 - 3 years. Full time courses are also suited for international students who need to obtain or renew their student visa. Students on full time courses are expected to attempt a minimum of 3 papers per exam sitting.
Part-Time (Day Release):
Part-time (Day) course attendance will typically involve 1 study day per week. These courses are aimed at home students UK/EU and those who do not need a student visa to study in the U.K.
ACCA courses, full-time and part-time (day) last 3 months and commence immediately after the exam results are released. This course provides comprehensive tuition organised in one term followed by a revision course.
Your course will usually consist of:
12 three-hour sessions and 4 three-hour revision sessions per exam paper.
Part-Time (Evening):
Part-Time evening courses are offered over 10 weeks plus 2 Saturdays. Attendance per exam paper is usually 6:15pm - 8:45pm on week days and 10am-4:30pm on Saturdays.
Notice: A COURSE WILL ONLY BE OFFERED IF JUSTIFIED BY DEMAND.
Teaching methods available:
Part time
- Tuition - Weekday, or evening.
- Revision - Weekday or weekend.
- Question based day - Weekday or weekend.
Our Taught Courses Include:
- All the course material
- Highest quality tuition
- First rate facilities
- Ethics Module
All students now have to complete an on-line Ethics module provided by ACCA. This can be completed whilst studying paper P1 Professional Accountant in the Essentials Module.
Experience
You must have 3 years relevant practical experience, which can be obtained before, during or after your exams. This is known as the Practical Experience Requirement (PER). You will be asked to provide ACCA with an online annual return to show the experience you have achieved during the preceding year, which has to be authorised by a workplace mentor.
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When do ACCA courses start?
Full Time/Part Time (Day): January, March and September of each year.
Part Time (Evening): March and September
Revision courses: May (for June exams) and November (for December exams).
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What can I do after I have completed ACCA qualification?
What career can I get?
As an ACCA graduate you will have access to job opportunities at the highest levels of business. Please visit the link below for more information on ACCA careers:
http://www.accaglobal.com/careers
GDip (Hons) in Applied Accounting
ACCA students who have passed Part 1 of the ACCA qualification and are in the process of completing Part 2 or 3 are eligible to sit for the Oxford Brookes GDip Honours degree in Applied Accounting. Students may submit their Project whilst completing Part 2 or Part 3 of their ACCA examinations, or indeed as an ACCA member. This degree is highly regarded and based on practical, professional, employer-driven accounting requirements.
Who is Eligible?
To be eligible, students must have sat and passed a minimum of Papers 2.4, 2.5, and 2.6. If you have been awarded exemptions from Papers 2.4, 2.5, or 2.6 or if you have exemptions from any papers based on qualifications gained more than ten years ago, you will not be eligible to join the degree scheme unless you give up the exemptions and sit the relevant papers. Please see the ACCA website for full details www.accaglobal.com
What is Required for the Degree?
Students are required to complete two pieces of work (in addition to passing Parts 1 and 2 of the ACCA qualification) in order to demonstrate the ability to research, analyse and use key skills:
- Research and Analysis Project - a 5,000 word report
- Key Skills Statement - a 1,500 word statement
Normally the Research and Analysis Project should take about two months of full-time study to complete. It is therefore ideally suited to being undertaken after your ACCA Part 2 or Part 3 exams, or whilst waiting for your ACCA results.
Please visit the link below for more information on GDip (Hons) in Applied Accounting:
http://www.accaglobal.com/students/professionalscheme/degreepartnership/
MDBA
An on-line MDBA is delivered through the Oxford Institute of International Finance, a department in the Business School at Oxford Brookes University. This MDBA is a unique qualification offered to ACCA members, and developed through a strategic alliance between ACCA and Oxford Brookes University.
The combination of ACCA's experience in global accountancy and the renowned quality of Oxford Brookes' Business School has resulted in a programme designed for the international business environment of the future, fully supported online through our Virtual Campus. The MDBA is accredited by the Association of MDBAs (AMDBA).
Please visit the link below for more information on MDBA programme:
http://www.accaglobal.com/oxiif/home
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