ACCA (the Association of Chartered Certified Accountants) is the global body for professional accountants. We aim to offer business-relevant, first-choice qualifications to people of application, ability, and ambition around the world who seek a rewarding career in accountancy, finance, and management.
Having the ‘ACCA’ letters after your name links you with a tradition of excellence, drive for innovation and high global ethical standards that is recognizable to employers around the world.
ACCA membership is your key to professional opportunities throughout the world. And because the portability of our professional qualification is one of the main reasons people undertake ACCA studies, you’re likely to run into fellow members, should you opt for a globe-trotting career or a fixed-term overseas stint to bolster your CV with international experience.
The ACCA exams are divided into two levels; Fundamentals and Professional.
The Fundamentals level is divided into two modules Knowledge and Skills.
The Knowledge module introduces you to the main areas of financial and management accounting. You will study the other technical accountancy areas after you study this. There are six subjects in the Skills module which cover the main technical areas that accountants are expected to know.
FUNDAMENTALS (NINE PAPERS IN TOTAL)
F1 Accountant in Business
F2 Management Accounting
F3 Financial Accounting
F4 Corporate and Business Law
F5 Performance Management
F7 Financial Reporting
F8 Audit and Assurance
F9 Financial Management
The Professional level is divided into two modules; Essentials and Options. Both of the modules at the professional level have been set at the same ability level as a Masters degree.
This level builds on the technical knowledge you will already have. It will also explore more advanced professional skills, techniques, and values. These are required at a senior level by accountants working in an advisory or consultancy role.
All students have to pass the three papers in the Essentials module. The Options module contains four papers, but you only need to complete two.
PROFESSIONAL (FIVE PAPERS IN TOTAL)
P1 Governance, Risk, and Ethics
P2 Corporate Reporting
P3 Business Analysis
Options (two to be completed)
P4 Advanced Financial Management
P5 Advanced Performance Management
P6 Advanced Taxation
P7 Advanced Audit and Assurance