ACCA – Professional Course and Certificate

Eudcarguide’s topic of discussion is “ACCA – Professional Course and Certificate”. ACCA is an acronym for “Association of Chartered Certified Accountants”. The professional body was founded in 1904, to offer the Chartered Certified Accountant qualification. The headquarters of the ACCA’s is located in London with a principal administrative office in Glasgow. There are 52 countries in the world where ACCA is running, examining and awarding certificates to students. The body obtained its charter, which is referred to as “Royal Charter” in 1974. For this reason, people who hold the ACCA certificate must submit and comply with all the rules and regulations that binds 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 point in time. Furthermore, every professional body must be relevant to he needs and aspirations of the society, and ACCA is no exception. For this reason the organisation makes sure that the public realises its worth through the evidence of the service it provides.

 

ACCA Qualification

 

The question now is – What qualification do you get after passing to to become a member of ACCA. When you become a member of the association, you are awarded with a “Chartered Certified Accountant”. 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. The fundamental level examination consist of  Ethics and Professional Skills module. In addition to that you will undertake and submit a Research and Analysis project) in order to be awarded the degree.

 

Upon full completion of the ACCA course, the UK NARIC and Department for Education awards a UK master’s degree to the student.There are other qualifications that you would be able to get from certificate awarding bodies and institutions upon successful completion of the course. Just work hard and finish the program and the certificate would flow.

 

ACCA – The Nature Of The Examination

 

The ACCA offers professional examination worldwide four times yearly in March, June, September and December. These exams are offered at ACCA license centres across the world. Find out the details of the September 2020 ACCA Time Table from our site. You can also find the December 2020 ACCA Time Table on our site. The ACCA December 2020 Exams – Foundations and niche is also available on our site.

 

ACCA Syllabus – Courses and Subjects

From September 2018 onward, the syllabus is made up 13 examinations and an Ethics and Professional Skills module (EPSM). Sometimes, a student would be given some exemptions. Moreover, Data Analytics unit was added in EPSM in April 2019.

Apart from the three modules, you are suppose to complete the Ethics and Professional Skills module and a Professional Experience Requirement (PER).

The ACCA Courses 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 any 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

When students undertake the profession examination and complete successfully, the gain the an “Affiliate Status”. In addition to that, if an affiliates wants to gain admission to full membership, then he must apply with evidence to show that he/she has a minimum of three years of acceptable, supervised, practical experience in an accountancy role (or roles) and has attained the required standard of competence.

Fellowship

From 2008, Fellowship, or senior membership of ACCA, is awarded 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 in order to keep up to date with changing trends in the profession. Before 2005, Continuing Professional Development (CPD) was mandatory only for holders of ‘Practicing Certificate’ and ‘Insolvency Licence’. From 2005 to 2007, ACCA phased in mandatory CPD requirements for all members.

 

ACCA Accreditation And Recognition

The professional body is recognise and accredited by the under listed countries and jurisdiction:   

  • 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  

 

ACCA Other Qualifications

 

When you finish the ACCA program, you are likely to obtain other global qualifications in addition to the 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

Exemption fees Read more.

 

ACCA – Exemptions and Fees

 

The next question we want to answer is “What exemptions does ACCA offer?

The offer exemption from the Foundation level or ACCA Qualification exams, based on your previous learning. This helps to ensure that you start at a level that suits you. In order to get exemption, you need to call the ACCA phone number that is stated below:

Tel: +44(0)1415822000

 

Conclusion: ACCA – Professional Course And Certificate

To conclude on the topic “ACCA – Professional Course and Certificate”, Educareguide believe that the content has been very helpful to you in your academic journey. If you have any further question do not hesitate to contact us for further explanation about ACCA.

 

 

 

 

 

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top