Official Website: http://www.accaglobal.com
ACCA Qualification: http://www.accaglobal.com/join/acca/
ACCA
ACCA Background …
ACCA’ is the largest, fastest growing
international professional accountancy body in the world
with 250,000 ACCA students and members in 160 countries.
| ACCA
exam format. There is a three part structure.
Students are required to pass 14 papers in total.
In Parts 1 and 2, students can sit up to four papers
at any one sitting, subject to certain progression
rules. |
|
In
Part 3, students can choose two subjects from a list of
four options to match their work experience or chosen fields
of employment.
All students must sit the three core papers
and these must be taken together.
Variant papers covering national law and
tax are available. Papers covering financial reporting
and audit are also available in both an international
standard format and adapted for certain national accounting
standards e.g. UK, Hong Kong, Malaysia, Singapore.
ACCA main principle. Members of the ACCA
whatever their subsequent specialisation, are expected
to have a general understanding spanning all the associated
disciplines. The syllabus goes beyond the technical skills
that dominate a traditional syllabus, encompassing such
fundamental professional attributes as judgement, professional
ethics, imagination, and problem solving.
ACCA applicants can be:
1. anyone who is 18 years or older
2. anyone who has an overall annual performance score
above 17/20.
3. anyone who has the GCSE O-Level (minimum grade C) in
English language.
ACCA career prospects. Excellent career
opportunities exist in public practice, industry, commerce,
banking and government.
To qualify you will need to complete the
14 examinations designed to test the knowledge and understanding
required to work as professional qualified accountant.
The fourteen examinations are broken down into three levels.
See ACCA exam structure below.
Upon completion of ACCA qualification the ACCA
graduate will be eligible for:
1. use the title ACCA after their name and
2. with at least 3 years recognised practical experience
can be sign the auditors report in financial statements.
www.acca.org.uk
ACCA
Examination Structure
| |
Fundamentals (nine papers in total) |
| |
Knowledge |
|
F1 |
Accountant in Business (AB) |
|
F2 |
Management
Accounting (MA) |
|
F3 |
Financial
Accounting (FA) |
| |
Skills |
|
F4 |
Corporate and Business Law (CL) |
|
F5 |
Performance Management (PM) |
|
F6 |
Taxation (TX) |
|
F7 |
Financial Reporting (FR) |
|
F8 |
Audit and Assurance (AA) |
|
F9 |
Financial Management (FM) |
| |
Professional
(five papers in total) |
| |
Essentials |
|
P1 |
Professional Accountant (PA) |
|
P2 |
Corporate Reporting (CR) |
|
P3 |
Business Analysis (BA) |
|
|
Options (two to be completed) |
|
P4 |
Advanced
Financial Management (AFM) |
|
P5 |
Advanced
Performance Management (APM) |
|
P6 |
Advanced Taxation (ATX) |
|
P7 |
Advanced
Audit and Assurance (AAA) |
|