ACCA Signs Contract with Summit Consulting Group for Provision of on-demand Examinations

KARACHI (July 11, 2011) – ACCA (the Association of Chartered Certified Accountants), the global body for professional accountants, has signed a contract with Summit Consulting Group to deliver all ACCA examinations online through an innovative eAssessment programme.

The contract with Summit means that ACCA’s move to online delivery will bring greater choice and access for employers and students around the world who choose ACCA qualifications for their professional training.

Arif Masud Mirza, Head of ACCA Pakistan, says: “ACCA was founded on distinct core values – one of which is innovation. As a global professional accountancy body, we have a proud tradition of leading the way in new developments, particularly those that create greater opportunity to access a highly-regarded international professional accountancy qualification.”

This new development with Summit is the next step in ACCA’s journey. As ACCA develops the new eAssessment model, it will be able to test students’ knowledge and skills in a way which more accurately reflects real-life workplace scenarios and activities. Also, feedback has shown that employers and students want greater flexibility and options of when our globally-recognised qualifications can be taken – and not just twice a year as is the current model with ACCA.

Arif Mirza concludes: “The world of work is changing, becoming increasingly online. We are therefore now working towards new ways of developing professional skills which will meet the needs of employers in the online world. ACCA is innovating to develop and support the eProfessional and Summit’s technology and expertise will enable ACCA to assess work-ready professional accountants with the skills needed in this increasingly on-line world.”

Summit Consulting Group will work with ACCA to introduce eAssessment on a phased basis, working with ACCA to ensure its existing Computer Based Exams (CBE) – such as Managing Costs and Finance and Accountant in Business – will still be available. The first papers will transition to the new system in 2012 with all papers being phased over the next few years.

ACCA already offers Computer Based Exams (CBE), first introducing them in 1998, and has since implemented e-paper production and e-marking of its scripts.

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