<b>What is the ACCA Program?</b>
The ACCA professional qualification has become a global benchmark of accounting excellence. Its rigorous exam syllabus ensures technical competence in a range of key commercial subjects. And with increased emphasis on ethical awareness and practical experience, it ensures that successful candidates have the skills toolkit to address modern business needs.
<b>Who are the ACCA?</b>
Established in 1904, the ACCA has students and members in 170 countries, and its popularity is endorsed by more than 260,000 students currently training towards the qualification. The combination of high quality exams and training flexibility are attractive to training managers, and ensure that qualified ACCAs are well equipped to deal with the demands of the financial, corporate and public sector markets.
<b>How are the Exams Structured?</b>
There are two exam levels, Fundamentals and Professional, both of which are sub-divided into two modules, which sub-divide further into individual exam papers.
<b>Are There Exam Entry Requirements?</b>
The minimum entry requirements are two A Levels and three GCSEs or equivalent in five separate subjects, including English and Mathematics. The Mature Student Entry Route (MSER) is also available to those who are over 21, but do not meet the above criteria. Those who have done Intermediate will have to first of all qualify CAT so as to register in ACCA.
For further information on entry requirements, please visit
www.accaglobal.com
<b>Are There Practical Experience Requirements?</b>
In addition to successfully completing the examinations, to achieve ACCA membership you will also be required to demonstrate 3 years of practical experience and complete a PER (Practical Experience Requirements) record.
For further details of the practice experience requirements, please visit
www.accaglobal.com.
<b>What are the Exam Regulations?</b>
Assuming no exemptions you must complete 14 papers
You can take a maximum of four papers at any sitting; there is no minimum
The ACCA insist that modules are attempted in order, but allow individual papers within a module to be attempted out of sequence
The ACCA allows 10 years from your registration date to complete the exams
Are There Any Exam Exemptions?
You can be exempted from all nine papers of the Fundamentals Level if you hold a relevant accredited accounting degree. Those holding the CAT qualification can transfer to the skills module of the ACCA by claiming exemption from the first three papers in the Knowledge module.
Please visit
www.accaglobal.com for full exemption information.
<b>What is the Exam Format?</b>
Exams are sat twice a year, in June and December. The Knowledge papers are 2 hours in duration whilst all remaining papers are 3 hours plus an additional 15 minutes of reading and planning time. All the papers are paper-based, except for the Knowledge Module which is available as both a paper-based and computer-based examination.
<b>What is the Pass Mark?</b>
The pass mark is set at 50% for every paper.
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