We are discussing ACCA – Professional Course and Certificate. ACCA is an acronym for Association of Chartered Certified Accountants.
Indeed, the professional body was founded in 1904 to offer the Chartered Certified Accountant qualification.
Moreover, the headquarters of the ACCA is in London, with a principal administrative office in Glasgow.
Furthermore, there are 52 countries where ACCA is running, examining, and awarding certificates to students.
Also, the body obtained its charter, referred to as the Royal Charter, in 1974.
For this reason, people who hold the ACCA certificate must submit and comply with all the rules and regulations that bind members of the professional association.
Apart from the professional ethics of the ACCA, members shall also obey and comply with the relevant Accounting Standards at any point in time.
Undoubtedly, every professional body must be relevant to the needs and aspirations of the society within which ACCA operates.
Certainly, ACCA is no exception. For this reason, the organization makes sure that the public realizes its worth through the evidence of the service it provides.
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ACCA Qualification
Now, the question is – What qualification do you get after passing to become an ACCA member?
In this regard, when you become a member of the association, ACCA awards you with a Chartered Certified Accountant.
Thus, one good news about ACCA is that Oxford Brookes University offers you a Science (Honours) degree in Applied Accounting (after completing the Fundamentals level of the exams).
In detail, the fundamental level examination consists of Ethics and Professional Skills module. In addition to that, you will undertake and submit a Research and Analysis project to be awarded the degree.
Again, upon full completion of the ACCA course, the UK NARIC and Department for Education award a UK Masters degree to ACCA students.
Also, there are other qualifications that you could get from certificate awarding bodies and institutions upon successful completion of the course.
Just work hard and finish the program; the certificate will be a formality.
ACCA – The Nature Of The Examination
Indeed, ACCA offers professional examinations worldwide four times yearly – in March, June, September, and December.
Indeed, the exams are written at ACCA license centers across the world. For this reason, find out the details of the September ACCA Time Table from our site.
Also, you can find the December 2020 ACCA Time Table on our site. Furthermore, the ACCA December 2020 Exams – Foundations and niche is also available on our site.
ACCA Syllabus – ACCA Papers and Subjects
Truly, from September 2018 onward, the syllabus comprises 13 examinations and an Ethics and Professional Skills module (EPSM). Sometimes, a student get some exemptions.
Moreover, the Data Analytics unit was added in EPSM in April 2019.
Apart from the three modules, you are supposed to complete the Ethics and Professional Skills module and a Professional Experience Requirement (PER).
The ACCA Course Details Are The Following:
The Applied Knowledge Level consists Of 3 Examinations:
- AB – Accountant in Business
- MA – Management Accounting
- FA – Financial Accounting
The Applied Skills Level Consists Of 6 Examinations:
- LW – Corporate And Business Law
- PM – Performance Management
- TX – Taxation
- FR – Financial Reporting
- AA – Audit And Assurance
- FM – Financial Management
The Strategic Professional level is made up of 4 examinations: 2 from Essential and 2 from Options.
Essential (or Compulsory):
- SBL – Strategic Business Leader
- SBR – Strategic Business Reporting
Options:
- AFM – Advanced Financial Management
- APM – Advanced Performance Management
- ATX – Advanced Taxation
- AAA – Advanced Audit and Assurance
ACCA Membership
Affiliate
Indeed, when you undertake the professional examination and complete it successfully, you gain an “Affiliate Status”.
In addition to that, if you want to gain admission to full membership, then you must apply with evidence to show that you have a minimum of three years of acceptable, supervised, practical experience in an accountancy role (or roles) and have attained the required standard of competence.
Fellowship
As a matter of fact, from 2008, ACCA awards you a Fellowship, or senior membership automatically after a 5 years continuous membership, subject to compliance with Continuing Professional Development requirements.
Continuing Professional Development
Members of the ACCA fraternity must continue to develop themselves even after certification to keep up with changing trends in the profession.
Before 2005, Continuing Professional Development (CPD) was mandatory only for holders of ‘Practicing Certificate’ and ‘Insolvency License’.
From 2005 to 2007, ACCA made CPD mandatory requirements for all members.
ACCA Accreditation And Recognition
Notably, the under-listed countries and jurisdiction is recognize and accredited the professional body: [expand title=””]
- United Kingdom and Ireland
- Switzerland
- Turkey
- Canada
- Australia
- New Zealand
- Caribbean, Central and South America
- Caribbean, Central and South America
- South Africa
- Zimbabwe
- China
- Hong Kong
- Malaysia
- Pakistan
- Singapore
- Taiwan
- United Arab Emirates
- And many others [/expand]
ACCA Other Qualifications
When you finish the ACCA program, you will likely obtain other global qualifications besides the “Chartered Certified Accountant”. This is factual about the ACCA Professional Course and Certificate.
ACCA Course Fees
- Registration and subscription fees
- Initial registration £32
- Re-registration £79
- Standard annual subscription 2020 £112
- Reduced annual subscription 2020 £55
Find out more about ACCA fees and exemptions from our site.
ACCA Exemptions and Fees
Now, what are ACCA exemptions? Truly, the body offers exemption from the Foundation level or ACCA Qualification exams based on your previous learning.
Thus, this helps to ensure that you start at a level that suits you. Specifically, to get an exemption, you need to call the ACCA phone number that is stated below:
Tel: +44(0)1415822000
Other Information
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