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 Exemption in ACCA after CA inter
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irfan kazim
Junior

Pakistan
94 Posts

Posted - May 30 2009 :  3:50:49 PM  Show Profile
AOA to all,
Are exemptions available in ACCA and CIMA after CA inter.

A R
Junior

51 Posts

Posted - May 30 2009 :  4:19:32 PM  Show Profile
three papers are exempted after a person is CA INTER. the papers are f1, f2 and f3 as well as CAT is also exempted. Can any one guide, are there any exemptions offered, if there is a refer in Module D other than that, all the papers are cleared. Hope for a QUICK RESPONSE....
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hmmm
Junior

Pakistan
101 Posts

Posted - May 30 2009 :  6:15:33 PM  Show Profile
according to my information 2 paper exemoted after CA foundation and 5 papers after CA inter?
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A.S
Unregistered Trainee

Pakistan
26 Posts

Posted - May 31 2009 :  4:32:53 PM  Show Profile
F1 F2 AND F3 are exempted after u clear MOD D.
This is authentic info!
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Odyssee
Senior

Pakistan
481 Posts

Posted - May 31 2009 :  11:47:23 PM  Show Profile  Visit Odyssee's Homepage  Send Odyssee a Yahoo! Message
After completion of Foundation: CAT exempt
After CA Inter:F1, F2 and F3 exempt
After CA Final: F1-F9 exempt
Above info can be verified from:
https://portal.accaglobal.com/accrweb/faces/page/public/accreditations/enquiry/main/EnqInstitutionsTable.jspx
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hmmm
Junior

Pakistan
101 Posts

Posted - Jun 01 2009 :  10:14:08 PM  Show Profile
thanks for it
its raelly bad thing.
at least 5 paper should be exampted
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irfan kazim
Junior

Pakistan
94 Posts

Posted - Jun 02 2009 :  10:53:37 AM  Show Profile
It is so embarrassing that after ca inter only 3 paper is exempted. while after ACCA, CA inter is totally exempt.It is just farangee's monopoly.
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Odyssee
Senior

Pakistan
481 Posts

Posted - Jun 05 2009 :  8:20:40 PM  Show Profile  Visit Odyssee's Homepage  Send Odyssee a Yahoo! Message
I dont think that there is any monopoly. Even the ACAs from ICAEW get an exemption of F1-F9 in ACCA.
The exemption should be based on paper to paper basis.
To get a fair view pls compare the exemptions provided by ICAEW to ACCA students. The info below can be verified from http://www.icaew.com/index.cfm/route/146395/icaew_ga/en/Students/Credit_for_prior_learning_directory&fuseaction=profBody&awardingBodyID=28&cplroute=prof&cplname=ACCA%202007%20Syllabus

Accounting on the basis F3 Financial Statements

Assurance on the basis of F8 Audit and Assurance

Business and Financeon the basis of F1 Accountant in Business

Law on the basis of F4 Corporate and Business Law

Management Information on the basis of F2 Management Accounting
& F9 Financial Management

Principles of Taxation on the basis of F6 Taxation

Audit and Assurance on the basis of P7 Advanced Audit and Assurance

Business Strategyon the basis of P3 Business Analysis

Financial Accounting on the basis of F7 Financial Reporting

Financial Management on the basis of if taken and passed
F9 Financial Management OR
if you have received a converted pass in F9 you will also need paper
P4 Advanced Financial Management

Financial Reporting on the basis of
F7 Financial Reporting & P2 Corporate Reporting

Taxation on the basis of P6 Advanced Taxation

On the other hand paper to paper exemption provided by ACCA to ICAEW students is as follows and can be verified from https://portal.accaglobal.com/accrweb/faces/page/public/accreditations/enquiry/awards/EnqAwardsTable.jspx?_afPfm=2
F1 Accountant in Business on the basis of BUSINESS MANAGEMENT (PROFESSIONAL STAGE)
F2 Management Accounting & F3 Financial Accounting on the basis of ACCOUNTING (PROFESSIONAL STAGE)
F4 Corporate and Business Law on the basis of COMPANY LAW (PROFESSIONAL STAGE) PLUS COMMERCIAL LAW (PROFESSIONAL STAGE)
F5 Performance Management & F9 Financial Management on the basis of BUSINESS FINANCE (PROFESSIONAL STAGE) PLUS THE BUSINESS ENVIRONMENT (ADVANCED STAGE)
F6 Taxation on the basis of TAXATION (PROFESSIONAL STAGE)
F7 Financial Reporting on the basis of FINANCIAL REPORTING (PROFESSIONAL STAGE)
F8 Audit and Assurance on the basis of AUDIT AND ASSURANCE (PROFESSIONAL STAGE)
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hmmm
Junior

Pakistan
101 Posts

Posted - Jun 06 2009 :  6:44:21 PM  Show Profile
it mean that after qualifing ACCA 5 year trining is required?
i cant understand their points.
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Odyssee
Senior

Pakistan
481 Posts

Posted - Jun 08 2009 :  12:39:53 PM  Show Profile  Visit Odyssee's Homepage  Send Odyssee a Yahoo! Message
The info on the following link is about the pathway to ICAEW for ACCA Members ( NOT for students or affiliates). ACCA Affiliates are those who have cleared all the 14 papers but have not yet completed the Professional Training requirement of 36 months.
ACCA Members are those who have cleared the 14 papers as well as the 36 month training requirement. http://www.icaew.com/index.cfm/route/125720/icaew_ga/en/Home/Join_us/Join_as_a_CCAB_member/Follow_pathways_to_the_ACA

An ACCA Member can get an ACA membership from ICAEW through the pathway mentioned on the link above.

ACCA Affiliates & Students can however claim paper to paper exemption. An ACCA Affiliate with passes in P6 & P7 can get an exemption of the whole Professional stage of ICAEW and will only have to attempt 3 papers of the Advanced Stage of ICAEW as well as to complete the 36 month training requirement.
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irfan kazim
Junior

Pakistan
94 Posts

Posted - Jun 12 2009 :  10:16:08 AM  Show Profile
exeption should be on the both side.I think 6 or 7 are of ca inter is matched with ACCA like auditing and assurance for auditing in module d. performance management for cost accounting in module d, Tax for tax in module c. law for law in module b. After acca 6 or 7 paper in ca inter should be exempted If paper to paper is exempted
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Odyssee
Senior

Pakistan
481 Posts

Posted - Jun 13 2009 :  12:08:13 PM  Show Profile  Visit Odyssee's Homepage  Send Odyssee a Yahoo! Message
I agree with you.
Similarly ACCA students should also get paper to paper exemption in ICAP of:
Paper E14 Advanced Accounting & Financial Reporting on the basis of P2 Corporate Reporting
Paper E16 Business Management on the basis of P3 Business Analysis
Paper F17 Management Accounting on the basis of P5 Advanced Performance Management
Paper F18 Business Finance Decisions on the basis of P4 Advanced Financial Management
Paper F20 Advanced Auditing on the basis of P7 Advanced Audit and Assurance
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irfan kazim
Junior

Pakistan
94 Posts

Posted - Jun 19 2009 :  08:57:05 AM  Show Profile
Brothe you should accept that this degree is just to felap finance degrees in pakistan. thare is no need of ACCA in pakistan and UK. ACA in pakistan and UK is enough for auditing and finance.
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Odyssee
Senior

Pakistan
481 Posts

Posted - Jun 21 2009 :  12:29:26 PM  Show Profile  Visit Odyssee's Homepage  Send Odyssee a Yahoo! Message
Brother irfan, ACCA is not just a finance degree...the syllabus covers in length the topics of Corporate Reporting, Taxation(UK), Management Accounting and Audit and Assurance just as it cover the topic of Finance... i would strongly urge you to view the syllabus of ACCA and compare it with ANY reputable accounting qualification, such as from ICAEW and ICAP.
You can compare the syllabus of ACCA , ICAEW and ICAP from the following links:
http://www.icap.org.pk/downloads/catalog/041201-final.pdf
http://www.accaglobal.com/students/acca/exams/
http://www.icaew.com/index.cfm/route/159352/icaew_ga/en/Qualifications/Train_for_the_ACA/Exams/Professional_Stage_modules

ACCA is the largest and fastest-growing global professional accountancy body in the world, with over 493,500 members and students in 170 countries.

ACCA is in existence since 1904... and there is no chance of disbanding ACCA in the foreseeable future because someone thinks so!
Pls get in the habit of giving a more logical and rational argument supported with facts rather than just giving vague statements.

Perhaps the HISTORY of ACCA might interest you which is available from the following link:
http://www.accaglobal.com/about/history/
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