ACCA Exam Content Changes:
A. Knowledge Level:
1. Syllabus changes occur annually in August.
B. Skill Level:
1. Tax (TX): Syllabus changes occur in March.
2. Performance Management (PM), Financial Reporting (FR), Audit and Assurance (AA), and Financial Management (FM): Syllabus changes occur in June.
C. Professional Level:
1. Advanced Taxation (ATX): Syllabus changes occur in March.
2. Strategic Business Reporting (SBR), Strategic Business Leader (SBL), Advanced Financial Management (AFM), Advanced Audit and Assurance (AAA),1 and Advanced Performance Management (APM): Syllabus changes occur in June.
No there is no negative marking in the ACCA Examinations
You have 2 options :
1. Credit card which is active for International Payments
2. International Debit card
The cost of Initial Registration for the student opting for conditional exemption is GBP 20
You have 2 options:
1. Option 1: The student can wait for 1 month and post that register with ACCA
2. Option 2: The student can write to ACCA at students@accaglobal.com informing them of the scenario and requesting a bonafide letter format, which can be further provided to the college to get his details in the required format and upload the document while doing his Initial registration for ACCA.
Based upon your question we would like to inform you that ACCA willl need original marksheet and passing certificate to be uploaded while doing the Initial Registration with ACCA, without the availability of the required document ACCA will put your application on hold until the documents won’t arrive. Although you can write to ACCA, if they can make an exemptionfor you on your particular case, if they will accept it, but generally original marksheets are required.
The documents generally required for ACCA registration can vary slightly depending on your circumstances and the country you are registering from. However, here are some of the most common documents:
1. Proof of Identity: (Any 1 required from the following)
a. Passport
b. Birth Certificate
c. Driver’s License
d. National ID Card (if applicable)
2. Educational Certificates:
a. Transcripts and certificates prove your eligibility for ACCA. This may include your high school diploma or equivalent, and any relevant university degrees or professional qualifications.
3. Passport-Sized Photograph:
A recent photograph for your ACCA profile.
As per ACCA (Association of Chartered Certified Accountants), the Annual Subscription Fee is a payment made by ACCA members and students to maintain their membership or registration with the organization for the upcoming year. This fee is due annually and is required to keep an individual’s status active within the ACCA network.
Yes, It is mandatory to Annual Subscription fees as per the timeline mentioned by ACCA, failing to pay the Annual Subscription fees will lead to cancellation of your registration and the student will need to re-register with ACCA by paying the re-registration fees and Annual Subscription fees.
Yes, ACCA does have the option of re-evaluating the score for Skill and Professional Level Examination, from the day results are declared, you can write to the ACCA, and get your re-evaluation process started.
No, ACCA does not have the option of re-evaluating the score for the Knowledge Level students, the students need to prepare and appear for the examination once again
No, ACCA does not provide any discount codes/coupon on Exam Fees.
Although, if you enrol with us, you can take the benefit of discounts on Initial Registration fees, Exemptions fees and Annual Subscription fees based on your qualification!
No, it is not compulsory, even if you are eligible and you do not want to claim your exemptions, you have that option avaialble. All you need to do is write to ACCA – at students@accaglobal.com and waive off the exemptions awarded by ACCA
Yes you can pursue the ACCA Qualification under the FIA route. The foundations have to be clear before you can move to the normal route, but you definitely can pursue ACCA after science as well
Yes you can start the journey from Skill level for ACCA but for claiming the exemptions, you will have to write to ACCA at students@accaglobal.com and inform them of the scenario. You would also need to provide the marksheets and degree certificate of BCOM in order to claim the exemptions.
Your university is not listed with ACCA for conditional exemptions, so you cannot claim exemptions while pursuing Bcom, but once you complete your Bcom, you can claim 5 exemptions basis your graduation. You can also start ACCA right now based on your 12th Qualification.
So you either start now and would ahve to attempt all 13 papers, or if you wish to wait and start after you complete your graduation, you would have to give 8 papers.
The best study material is ACCA’s official study material as it is prescribed by them, but apart from that you can refer to Kaplan’s Study text for understanding the concept and BPP Exam kit for Practice.
Here’s how you can book your KL exam:
1. Find an Approved CBE Center:
a. Visit the ACCA website (link).
b. Enter your location details (city, country, etc.) in the search bar.
c. The search results will display a list of Approved CBE License Centers in your area.
2. Contact Your Chosen Center:
a. Each listed center will have contact information, including email addresses and phone numbers.
b. Choose a convenient center and reach out to them directly.
c. Inquire about the specific registration process for booking Knowledge Level exams.
d. Ask about available exam dates and times to schedule your exams.
You can definitely pursue another degree alongwith ACCA, although ACCA in itself is a Professional qualification and can lead you to a great career path. A master’s degree can compliment ACCA well. Doing an MBA in Finance or a Masters in Finance would seem like more of a reasonable choice, since shifting your fiels if you are pursuing ACCA will not add a lot of value to your profile. Before you chose your course, please think about the time committment for ACCA and your Masters and if you will be able to manage it together.
Understandably, you’re a bit confused about the allowed peripherals for ACCA’s remote on-demand exams. Let’s clarify this:
A. Permitted Peripherals for ACCA Remote On-Demand Exams:
1. Computer: Desktop or laptop.
2. Webcam: Essential for invigilator monitoring.
3. Keyboard and Mouse: Standard peripherals for input.
4. Calculator: As per ACCA’s approved list.
5. Rough Paper: Limited quantity for calculations.
6. Water Bottle: Clear and labeled.
B. Strictly Prohibited Peripherals:
1. Headsets/Earphones/Earbuds: These are not allowed.
2. External Microphones or Speakers: These are not permitted.
Yes BCOM with a ACCA is a good option. If you pursue them simultaneously, by the time you complete your degree, you will also have an Intenrnational Professional Qualification.
In a recent update, Students pursuing graduation are also awarded some exemptions, you can take those benefits as well.
The social and study life will totally depend on how you manage your college time, along with ACCA Preparation and extra curricular activties.
Whether ACCA is hard or easy, is a subjective question. It could be very hard for some, and relatively easier for some. It depends on your prior background, knowledge and how strong your foundations are. Every professional course requires effort, and even for an average student with the right guidance and adequate efforts, ACCA can be a course that could take you to different professioal heights.
You can generally start ACCA after your 12th, depending on your 12th scores, it can be determined if you will fall under the FIA Route/ACCA Route.
Either way, you can start ACCA, right after 12th.
Once your payment goes through, you will get an email from the British Council to complete your booking. There will be an invitation for you to book your exam via the proctoru website and you can choose your date and time. You would generally have to wait for a week before you can give your exam. Basically there needs to be a weeks gap, atleast between the day you book your exam and you plan on giving it.
Really depends on how much time you can give, the most frequently paired subjects are
1. FR+AA
2. PM+FM or LW if you want to keep the load lighter.
TX as a standalone cause of how big the course is, truth is, you decide whats best for you and according your time available.
You should also keep in mind, what are your strenghts and which subjects you are good at, so you can pair those along with subjects you find difficult to manage load. But this is a very personal choice, and it is best to evaluate with a counsellor who can make a personal plan for you depending on your situation.
ACCA in general gives you a timeline of 30 days to make the payment once the Invoice is raised, in case the student tends to make part payment due to financial issues you can do a part payment but you have to ensure you complete remainder of the payment in a stipulated time. Delayed payments may cause removal of name from the register.
For detailed guidelines on part payment – you can visit the link below
https://www.accaglobal.com/content/dam/ACCA_Global/Students/email/paymentoptions.pdf
You will need to register yourself under FIA route since he has score 59 in accounts, which is below the requirement to qualify under ACCA Route. Which means you can still pursue ACCA, but you will have to take the foundations and then you can shift to the regular pathway.
In the Professional level exams, you’ll encounter case studies. They check if you can apply what you have learned to real-world situations. It’s all about testing your analytical and problem-solving skills.
For more info on the Professional level, you can watch our Youtube video:
https://www.youtube.com/watch?v=9kCEOU3v9OA&t=156s
The decision to pursue ACCA directly after A-levels or to first obtain a bachelor’s degree in accounting and finance is a significant one. Both paths have their own advantages and disadvantages, and the best choice for you will depend on your individual circumstances and career goals.
A. ACCA Directly After A-Levels:
1. Advantages:
a. Early Career Start: You can start your professional journey earlier.
b. Global Recognition: ACCA is a globally recognized qualification, opening doors to international opportunities.
c. Practical Focus: ACCA’s practical approach can prepare you for real-world challenges.
2. Disadvantages:
a. Academic Foundation: While ACCA provides a strong foundation, a bachelor’s degree can offer a broader academic perspective.
b. Potential Challenges: Directly tackling ACCA after A-levels can be demanding, requiring strong self-discipline and time management skills.
B. Bachelor’s Degree First, Then ACCA:
1. Advantages:
a. Strong Academic Foundation: A bachelor’s degree provides a solid academic foundation, which can be beneficial for your career.
b. Easier Transition: Studying for ACCA after a bachelor’s degree might be less intense.
c. Potential for Exemptions: Depending on your degree, you might be eligible for exemptions from certain ACCA exams.
2. Disadvantages:
a. Delayed Career Start: You’ll start your professional career later.
b. Additional Costs: Pursuing a bachelor’s degree involves additional costs and time.
C. Hybrid Approach:
a. Studying ACCA Alongside a Degree: This approach can help you balance academic and professional development.
b. Potential for Exemptions: You might be eligible for exemptions from certain ACCA exams based on your degree coursework.
You need to purchase the new version which will be applicable till June 2025 or you can always refer to ACCA Study hub for latest content and exam preparation. ACCA keeps updating their material so it is always best to use the latest one. You do not want to use material for 2021 in 2025 as many changes would have taken place in this time period.
Yes, combining ATX with AFM is an excellent choice if you’re aiming for a career in taxation.
Here’s a breakdown of why:
ATX (Advanced Taxation):
Directly focuses on advanced tax principles, including corporate tax, personal tax, indirect taxes, and international tax.
Provides in-depth knowledge and skills essential for a taxation career.
AFM (Advanced Financial Management):
While not directly related to taxation, AFM covers topics like financial analysis, investment appraisal, risk management, and corporate finance.
These skills are highly valuable for tax professionals, especially when dealing with complex tax structures and financial transactions.
Why AFM Complements ATX:
Broader Financial Perspective: AFM provides a broader financial perspective, which is crucial for understanding the economic and financial implications of tax decisions.
Enhanced Analytical Skills: The analytical skills developed through AFM can be applied to complex tax problems.
Career Opportunities: A combination of ATX and AFM can open doors to a wide range of career opportunities, including tax advisory, tax compliance, and tax consulting roles.
However, ofcourse at the end it is your choice, also remember, you have the liberty of choosing the subjects, so also keep in mind your aptitude and what you are good at along with what you like to make the best decision.
Yes, solving OpenTuition questions can be a valuable part of your last-minute preparation for ACCA exams.
While they’re a great resource for understanding concepts and practicing questions, it’s important to combine them with other study materials to ensure comprehensive coverage.
Here’s a suggested approach for your final month:
Review Core Concepts:
Revisit the key topics, especially those you find challenging.
Use the ACCA Study Hub or your preferred textbook to solidify your understanding.
Practice, Practice, Practice:
Prioritize BPP or Kaplan Questions: These are often considered more exam-standard and can help you get accustomed to the exam format and difficulty level.
Use OpenTuition Questions as Supplementary: These can provide additional practice, particularly for topics where you need more exposure.
Focus on Weak Areas: Identify your weaker areas and dedicate more time to practice questions on those topics.
Time Management:
Practice answering questions within the allotted time to improve your efficiency.
Use past exam papers to simulate exam conditions.
Mock Exams:
Take as many mock exams as possible to assess your readiness and identify areas for improvement.
Analyze your performance in mock exams to pinpoint weaknesses and focus on them.
Seek Clarification:
Don’t hesitate to ask questions on forums like Reddit’s r/ACCA or consult with tutors or fellow students.
Understanding concepts thoroughly is crucial for success.
Remember:
Quality Over Quantity: Focus on quality practice rather than quantity.
Consistent Study: Dedicate consistent study hours to maintain momentum.
Positive Mindset: Believe in yourself and stay positive.
While it’s theoretically possible to prepare for and pass the FFA exam in a month, it’s a challenging task, especially if you’re juggling other commitments. However, with diligent effort and effective study strategies, it’s not impossible.
Key Topics to Focus On:
Financial Statements:
Understanding the components of financial statements (income statement, balance sheet, cash flow statement)
Analyzing and interpreting financial statements
Identifying financial ratios and their significance
Group Accounts:
Consolidation techniques (purchase method, pooling of interests)
Intragroup transactions and adjustments
Non-controlling interests
Impairment:
Impairment of assets (goodwill, property, plant, and equipment, intangible assets)
Impairment review procedures
Foreign Currency Transactions:
Accounting for foreign currency transactions and translation
Functional and presentation currency
Financial Instruments:
Classification and measurement of financial instruments
Hedge accounting
Revenue Recognition:
Revenue recognition principles (IFRS 15)
Contract modifications and performance obligations
Leases:
Accounting for leases (IFRS 16)
Classification of leases as finance or operating leases
Study Materials:
BPP and Kaplan: Both BPP and Kaplan are well-regarded study providers for ACCA. They offer comprehensive study materials, including textbooks, practice questions, and mock exams.
ACCA Study Hub: The ACCA Study Hub provides free study resources, including technical articles, practice questions, and past exam papers. It can be a valuable supplement to your studies, but it may not be sufficient on its own for in-depth understanding and practice.
The best paper according to us, to study along with MA would be PM. Only reason we would suggest PM because PM builds upon the contents of MA, think of it like the big brother of MA, though will say, PM is definitely one of the more trickier subjects of the skill level, so proceed with caution, but because of the similarity in concepts, and MA as a base, it is the most logical next step.
Another option you should consider would be to take LW, since it is mostly of the same pattern as MA, MCQ and on demand, you might be able to cover up quickly without wasting a lot of time and get one more paper out of your way, make sure to practice and give mocks!
There are no age restrictions to enrol for ACCA. Those who fit the conditions for admittance are welcome to apply, regardless of age. If you are under 16 (or under 18 and live in Kenya, Malaysia, or the Philippines), you must upload a signed parental consent form.
Although there is no age restriction, you must fullfill the eligibility criteria, that is passing 12th grade.
You can only expect to get some papers exempted from the ACCA curriculum. The number of exemptions start from 3, and one can get up to 9 exemptions based on their qualifications before attempting the ACCA exams.
This means, no matter what your prior qualification is, you still have to appear for 4 exams of the professional level. So unfortunately, you cannot have all papers exempted.
Getting an exemption in ACCA is like recognizing your hard work and achievements in your studies prior to joining the ACCA program.
Suppose you’ve completed specific qualifications, like B. Com, BBA, M. Com, MBA, or you are a Chartered Accountant, US CPA etc., ACCA gives you a nod of approval by exempting you from specific papers.
It’s like a shortcut on your journey to becoming an ACCA member – no need to sweat over thorough exams, saving you time and effort. The number of exemptions depends on what you’ve studied before and how well you’ve covered the subjects.
Yes, you can make the following changes to an existing exam entry up to the standard entry deadline via the exam planner by selecting to either:
1. Cancel
2. Change the time, location or variant
3. Switch to a remote based exam
4. Enter for more exams.
If you wish to change your exam date from one session to another, you can cancel your booking from exam planner by selecting the amend option up to the standard entry deadline.
Amending an exam which is already confirmed, up to the standard entry deadline does not incur additional fees or charges. You may incur charges after that.
To become an ACCA professional, score at least 50 out of 100 for each paper. The total marks for each exam may differ, but the passing requirement stays the same.
ACCA has established mutual acknowledgment agreements with several key prestigious global accountancy bodies due to its recognisation in more than 180+ countires
1. The Certified General Accountants Association of Canada
2. The Hong Kong Institute of Certified Public Accountants
3. The Malaysian Institute of Certified Public Accountants
4. UAE– AAA (Accountants and Auditors Association)
5. CA Australia and New Zealand
These agreements provide inexpensive routes for ACCA members to become a member of their bodies and appreciate the services that local organizations can offer.
No there is no aggregation/grouping in ACCA. Students need to score 50% in each paper to pass.
No, ACCA is completely flexible. You can appear for any paper within the level in any sequence.
However the maximum number of papers you can appear for, in a single attempt is 4, but they can be attempted in any order.
For example, if you want to appear for the skill level exams in December, since law is held on demand, you can only appear for 4 out of 5 papers in December, and would have to postpone remaining papers to the next cycle. You would not be able to attempt all 5 in the December window. But which 4, is completely your choice.
Completing 3 E’s of ACCA, namely Exams, EPSM and Experience makes you an ACCA member. Once you complete the ACCA exams you become an ACCA affiliate and post the EPSM and PER, you get the member status.
On more details on an ACCA Member VS ACCA Affiliate you can watch our Youtube video:
https://www.youtube.com/watch?v=31Fc0uWSFXg&t=25s
A candidate must have 36 months of training in ACCA. Ideally,
you should have a job where most of your time is spent on
activities and tasks related to accounting, finance, audit and
assurance, or in other related technical areas such as taxation,
insolvency, and forensic accounting.
Only after completing PER and the Ethics module, can you apply for your membership.
The speed at which an individual completes the ACCA qualification can vary based on prior qualifications, exemptions availed, and individual commitment.
ACCA provides flexibility with its quarterly exam schedule. The duration can range from 6 months to 3 years, depending on your highest educational degree, because that would assist you in getting certain exemptions, and the more number of exemptions you have, the lesser time it will take you to complete ACCA!
The ACCA course has 13 papers which are divided into 3 level and below is the subject breakdown :
Knowledge Level
1. Business and Technology (BT)
2. Management Accounting (MA)
3. Financial Accounting (FA)
Skill Level
4. Corporate and Business Law (LW)
5. Performance Management (PM)
6. Taxation (TX)
7. Financial Reporting (FR)
8. Audit and Assurance (AA)
9. Financial Management (FM)
Professional Level
10. SBL – Strategic Business Leader
11. SBR – Strategic Business Reporting
and 2 out of the following 4 :
Advanced Financial Management (AFM)
Advanced Performance Management (APM)
Advanced Taxation (ATX)
Advanced Audit and Assurance (AAA)
You can also go check out our you tube video for more details on these subjects :
https://www.youtube.com/watch?v=y3OJOEPuyOk&t=86s
Candidates can appear for a maximum of four exams per attempt and a maximum of eight exams per year.
For more information you can also visit the ACCA website :
https://www.accaglobal.com/in/en.html
ACCA course exams are held 4 times a year – March, June, September, December.
To appear for the ACCA course examination, a candidate should have:
1. Qualified the 10+2 exams (12th)
2. Have an aggregate of 65% in Mathematics/Accounts and English and a minimum of 50% in other subjects
You can also watch this video for more info : https://www.instagram.com/reel/C6D8zrXiHmZ/?igsh=djV2NHVoZGtxM2Jr
On Completion of Knowledge level : You can earn the Diploma in Accounting and Business
On Completion of Skill level: You can earn an Advanced Diploma in Accounting and Business Certificate.
Once you complete the Professional Level, you become an ACCA affiliate and thereafter once you complete the PER and Ethics module, you may apply for ACCA membership.
For further guidance you can also:
Visit our website
https://proschoolonline.com/acca-course/what-is-acca
Or Call/Whatsapp on +91 7710044425