Contents
The ACCA syllabus includes 13 papers. IMS PROSCHOOL’s ACCA course helps you with all of these 13 papers. THESE SUBJECTS are broadly categorized into Fundamental level (9 papers F1 – F9) and Strategic Professional level (4 out of 6 papers P1 – P7).
What are the 14 papers of ACCA?
Applied Skills – ACCA Course Exam Fees
- Corporate and Business Law (LW)
- Performance Management (PM)
- Taxation (TX)
- Financial Reporting (FR)
- Audit and Assurance (AA)
- Financial Management (FM)
What is ACCA professional level?
When you take the Professionals level, it is equivalent to a masters degree. Once you have successfully completed your exams, ethics module, and work experience and applied for ACCA membership, you will be able to use the ‘ACCA’ letters after your name and commence your career as a professional accountant.
How many types of ACCA are there?
ACCA has two types of computer based exams. On-demand CBEs : BT, MA, FA and LW: These exams can be taken at any time of the year. Session CBEs: PM-FM : These exams are held in four exam sessions: March, June, September and December.
Are there 13 or 14 papers in ACCA?
These components are ACCA Coursework Exams (13 papers), an Ethics and Professional Skills Module, and Practical Experience Requirements (PER). The ACCA coursework syllabus, as mentioned earlier consists of fourteen modules (including ethics and Professional Skills).
What are the P level papers for ACCA?
These exams are:
- Corporate and Business Law (LW)
- Taxation (TX)
- Financial Reporting (FR)
- Performance Management (PM)
- Financial Management (FM)
- Audit and Assurance (AA)
Can I finish ACCA in 2 years?
Yes, You can complete all the ACCA exams in 2 years. ACCA holds four exam sessions each year. Each session allows the students to take a maximum of four exams and a total of eight exams each calendar year. This makes it possible to complete all the ACCA exams in a duration of two years.
What are the 3 levels in ACCA?
ACCA consists of three levels
Applied Knowledge, Applied Skills, and Strategic Professional, and you’ll need to complete relevant work experience at some point before you can qualify.
What order should I do ACCA exams?
Applied Skills
Subjects can be sat in any order, but as mentioned earlier, you should sit Audit and Assurance (AA) with or after Financial Reporting (FR). You can overlap with the lower level exams as long as you are on the last exam(s) of Applied Knowledge level.
Is ACCA higher than a master’s degree?
The ACCA Qualification is broadly equivalent to UK university degree standard when you complete the Applied Knowledge and Applied Skills exams. When you complete the Strategic Professional exams, it is equivalent to a UK university Master’s degree.
Which are the ACCA strategic professional exams?
To complete the ACCA Qualification you must complete the Strategic Professional examinations
two Essentials exams (Strategic Business Leader and Strategic Business Reporting) and two from four Options exams: Advanced Financial Management (AFM) Advanced Performance Management (APM) Advanced Taxation (ATX)
What are professional exams?
Professional examination means an evaluation performed by an appropriately licensed professional.
How do I pass ACCA professional papers?
Here’s some of their advice.
- Start early and plan ahead.
- Use past papers for technical practice and to master exam technique.
- Balancing study with life and work.
- Almost exam day – how to prepare?
- In the exam – focus and performance.
- Build on your success.
Is ACCA a professional course?
ACCA is a high level professional qualification and is equivalent to completing a full university degree, and it is IFAC compliant based on international accounting and auditing standards.
How many ACCA exams can you sit in a year?
Students are allowed to take a maximum of 4 exams during each exam cycle across a maximum of 8 distinct exams over the course of a calendar year. These can be any combination of computer-based and paper-based exams.
Can I finish ACCA one year?
The ACCA Diploma in Accounting and Business (RQF Level 4) could be completed in 1 year, as could the Certified Accounting Technician qualification provided you achieve your required work experience whilst studying.
Is there any age limit for ACCA?
Eligibility: For entry to ACCA’s qualification, you should have completed 18 years of age and qualified the 10+2 exams with an aggregate of 65% in Mathematics/Accounts and English and a minimum of 50%in other subjects. The ACCA professional examinations are offered worldwide twice yearly, in June and December.
Is ACCA harder than CA?
It is no surprise that the CA course is commonly considered to be harder than ACCA, considering the number of years, the number of papers, course levels and versatility of both courses.
What is the last stage of ACCA?
Students are awarded the ACCA Diploma in Accounting and Business (RQF Level 4) when they have successfully completed the Business and Technology (BT), Management Accounting (MA) and Financial Accounting (FA) exams (at least one of which must have been sat and passed), plus completion of Foundations in Professionalism.
Why is AAA ACCA difficult?
However, AAA is different. Put simply it is harder: it has more advanced syllabus requirements
it has a larger syllabus and is based on more complex financial reporting standards, and the question requirements are largely applied in nature, meaning that few, if any, marks are awarded for rote-learning.
What is ACCA finalist?
ACCA use the term passed finalist, meaning an ACCA affiliate (i.e. Qualified but not yet a member) I’d say some reference to time is important, so if you’ve 3 and you’re sitting them all in the next sitting that would be ok.
Do ACCA exams expire?
After your 10 year time limit is reached, you will lose any Strategic Professionals results that are seven years old, or older, and you will need to take these exams again. Check your myACCA account to find out when your Strategic Professional results will expire.
How many times can you fail ACCA exams?
There is no restriction to the number of exams you may attempt, allowing you to choose to sit as many or as few papers as you like at each exam session. You are, however, recommended to attempt a maximum of four exams in a six-month period.
Which is better CIMA or ACCA?
Industry evidence suggests that the ACCA will give you a stronger grounding in accounting principles than CIMA but at the cost of management reporting and corporate strategy. In comparison to ACCA, CIMA combines business acumen with financial management, cost management, and financial management.
What is the salary of ACCA in UK?
Typical ACCA qualified careers in the UK (average salaries):
Banking – 25-30k. Auditing – 23-35k. Financial consultant – 45-50k. Taxation – 25-40k.
Is ACCA a bachelor degree?
The BSc (Hons) in Applied Accounting is available exclusively to ACCA students and offers a cost-effective way to obtain an undergraduate degree. That’s because the ACCA Qualification Applied Knowledge and Applied skills exams are considered equal to bachelor degree level.
How many ACCA part qualified exams?
The qualification consists of 13 professional examinations, an ethics module and three years’ practical experience gained before, during or after the examinations. In line with ACCA’s statutory requirements, entry to the ACCA Qualification requires a UK university matriculation level qualification.
Which is the hardest paper in ACCA?
For most students, Audit Assurance is generally considered to be the toughest paper, especially at this level. For the Applied Skills exams, along with Performance Management, this is the subject that I get the most queries about. (You’ll find plenty of videos on these on my channel.
Are ACCA exams multiple choice?
Currently, these ACCA CBEs comprise of four main question types: multiple choice, multiple response, multiple response matching and number entry. All questions are worth two marks. Some questions will include background information, which is needed to help you answer the question.
How many hours do ACCA students study?
It takes an average of 150 hours to prepare for the ACCA DipIFR exam. The only miracle to clear the exam is not coaching but TIME. It takes about three weeks of constantly doing something to make it a habit.