Founded in 1904, the Association of Chartered Certified Accountants (ACCA) is the global body for professional accountants offering the Chartered Certified Accountant qualification. It is one of the largest and fastest-growing global accountancy bodies with 154,000 members and 432,000 students in 170 countries.
ACCA’s headquarter is in London with principal administrative office in Glasgow. ACCA works through a network of 83 offices and centres and more than 8,500 approved employers worldwide, who provide employee development.
Aims and objectives of the ACCA Programme
The ACCA programme is designed to impart the accounting knowledge, skills and professional values for professionals in the area of finance and accounting capable of building successful careers across all sectors, of economy, accounting firms, or a career in business.
- Complete 14 exams (nine of which are eligible for exemption) with a minimum period of 6 months and a maximum of four years.
- Have a relevant practical experience, with a minimum of three years
- Complete a Professional Ethics module. The mode of delivery is mainly face-to-face supplemented by course material such as recommended books, study packs and revision kits
Modules to be taught – all 14 papers
The ACCA syllabus consists of 14 papers divided into four levels:
- Knowledge – 3 papers
- Skills – 6 papers
- Essentials – 3 papers
- Options – 2 papers from 4
Fundamental LevelThe fundamentals level consists of nine compulsory papers split across two modules:
The knowledge ModuleF1 The Accountant in Business
F2 Management Accounting
F3 Financial Accounting
The skill Module
F4 Corporate and Business Law
F5 Performance Management
F7 Financial Reporting
F8 Auditing and Assurance
F9 Financial Management
Professional LevelThe professional level consists of three compulsory papers in the Essential modules
P1 Governance, Risk and Ethics
P2 Corporate Reporting
P3 Business Analysis
And four papers in the Options modules from which you will need to sit for two papers
P4 Advanced Financial Management
P5 Advanced Performance Management
P6 Advanced Taxation
P7 Advanced Audit and Assurance
Upon completion of all the papers above, you must complete the Practical Experience Requirement (PER). To complete the PER you must complete 36 months’ employment in an accounting or finance related role in a business setting. During this time you will need to record and report on your progress and achieve a number of performance objectives.
NB: the three years can consist of full time or part time work, temporary position or internship as long as they meet the ACCA requirements.
What Will I Learn?
- Employability skills programme by a Distinguished Faculty (Directors of Companies), with extensive academic and industry experience.
- The programme is industry intensive with focus on practical training.
- Excellent placement services and strong industry links ensures good placement for the students.