ACCA – Association of Chartered Certified Accountants

The ACCA Association of Chartered Certified Accountants, which has offices across the globe and its headquarters in London, was established in 1904 with the goal of expanding access to the accounting profession.
The ACCA Qualification is offering an international career recognised all over the world. It’s flexible too – giving you a broad base as well as opportunities to specialise. So, you can pursue a career you’re passionate about, almost anywhere. Choosing to study with ACCA and you’re choosing a future packed with opportunity. ACCA is the world’s largest accountancy body – with more than 200,000 members and 500,000 students in 176 countries.

Course at Glance

Knowledge Level

Eligibility for Admission:

Class 10th Passed are eligible for the admission in foundation course.

P 1: Business & Technology
P 2: Financial Accounting
P 3: Management Accounting

Applied Skill Level

P 4: Corporate and Business Law (LW)
P 5: Performance Management (PM)
P 6: Taxation (TX)
P 7: Financial Reporting (FR)
P 8: Audit & Assurance (AA)
P 9: Financial Management (FM)

Strategic Professional Level

P 10: Strategic Business Leader (SBL)
P 11: Strategic Business Reporting (SBR)

Electives (P 12 & P 13)

E 1: Advanced Financial Management (AFM)
E 2: Advanced Performance Management (APM)
E 3: Advanced Taxation (ATX)
E 4: Advanced Audit & Assurance (AAA)

Practical Experience Requirement - 3 Years

To complete PER you’ll need to achieve 36 months of supervised experience in a relevant accounting or finance role. You’ll also complete nine performance objectives.

ACCA FAQs

1. What is ACCA?

-ACCA stands for the Association of chartered Certified Accountants. It is a globally recognised professional accounting body based on the UK, offering chartered certified accountant qualification

2. Is ACCA a recognised body in India?

ACCA is recognised in over 180 countries. Recognition Varies by jurisdiction in some countries, it is fully recognised for statutory audit and public practice, while in others, additional requirements may apply

3. What are the three levels of ACCA?

Applied knowledge level, Applied stall level and strategic professional level.

4. How long does it take to complete ACCA?

Usually 2-3 years depending on exemption and study pace

5. What kind of jobs can I get after ACCA?

Role in auditing, taxation finance, accounting, consulting, and more both in MNCs and Big A firms.

6. Pass Mark of exam

50 out of 100 mark

7. what is the total cost of ACCA Course?

Registration fees, Annual subscription, exam fees and tuition be around 2.5 lakhs to 4 lakhs

8. Exam fees

Knowledge levels paper £89 around ₹10,000

-skill level 1 paper (LW) £89 around ₹10,000, remaining 5 papers £143 around ₹12000 – ₹15000

-strategic professional level 4 papers £180, expect for SBL. For SBL paper £252.

9. Materials used to study ACCA

-ACCA students often utilize a Combination of resources, including official ACCA materials like the ACCA study Hub, and study guides from approved learning Providers like Kaplan and BPP.

10. What is the exam pattern?

  • Knowledge level – computer-based exams (CBEs), objectives type questions: MCQs, MTQs (multi-task questions)
  • applied skill level – mix of objectives test questions and longer constructed response questions 
  • strategic professional level – case study and scenario-based exams. Mix of written and numerical responses 

11. Exam Duration

  • Applied knowledge level – 2 hours
  • -Applied skill level – 3 hours
  • -strategic professional level – 3 hours and 15minutes.

12. How many hours, should study

-Minimum 1-2 hours per day

13. How to gain ACCA membership?

-Pass All 13 ACCA papers

-Complete the Ethics and professional skills module (EPS)

-Fulfil practical Experience need 36 months (3 years) of relevant supervised work experience.

14. Can I retake exams if I Fail?

Yes, you can retake exams as many times as needed.

15. What are exemptions?

ACCA may giant exemptions from some exams based on Prior qualifications.

16. How to register Exam?

  • -log in to your account at myACCA
  • – click “Book an Exam”.
  • -Select your Exam session (March, June, September, December)
  • – choose your exam papers and exam format (Centre-based OR remote).
  • – Pay the exam fees online.
  • -Receive Confirmation via email.

17. Can I withdraw from an Exam?

In some cases, you may be able to withdraw, especially -In some cases, if you experience technical issues during a remote exam

18. What are the 13 papers in ACCA?

Knowledge level

  • BT – business and technology
  • MA – management accounting
  • FA – financial accounting

Skill level

  • LW – corporate and business law
  • PM – performance management
  • TX – taxation
  • FR – financial reporting
  • AA – auditing and assurance
  • FM – financial management

Strategic professional level

  • SBL – Strategic business leader
  • SBR – strategic business reporting

Optional papers (choose any 2)

  • ATX – Advanced taxation
  • AAA – Advanced audit and assurance
  • APM – Advanced performance management
  • AFM – Advanced financial management

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