The Association of Chartered Certified Accountants (ACCA) is a globally recognized professional accounting qualification. It is designed to equip students with the skills and knowledge needed to work in finance, accounting, and management roles. ACCA is ideal for those aiming for a career in accounting, auditing, tax consultancy, and financial management.

Qualification Levels: The ACCA qualification consists of three main levels:

1. Applied Knowledge:
   • Business and Technology (BT)
   • Management Accounting (MA)
   • Financial Accounting (FA)
   • Purpose: Provides a foundation in accounting, management, and finance.
2. Applied Skills:
   • Corporate and Business Law (LW)
   • Performance Management (PM)
   • Taxation (TX)
   • Financial Reporting (FR)
   • Audit and Assurance (AA)
   • Financial Management (FM)
   • Purpose: Develops more complex and practical finance and accounting skills.
3. Strategic Professional:
   • Essentials:
     • Strategic Business Leader (SBL)
     • Strategic Business Reporting (SBR)
   • Options (Choose two):
     • Advanced Financial Management (AFM)
     • Advanced Performance Management (APM)
     • Advanced Taxation (ATX)
     • Advanced Audit and Assurance (AAA)
   • Purpose: Focuses on advanced strategic management and professional skills.

Entry Requirements:

• Minimum Age: 16 years
• Academic Qualifications:
  • 5 GCSEs including English and Math, or equivalent.
  • A levels or equivalent qualifications.
  • Alternatively, completion of the ACCA Foundation level or relevant degree.

Exemptions:

• Students with relevant academic qualifications (like a degree in accounting or business) may be eligible for exemptions from some ACCA exams.

Duration:

• Typically 2-3 years, depending on the student’s study pace and prior qualifications.

Study Options:

• Full-time or part-time study.
• Online learning options are also available.

Fees:

• Vary based on location and study method. There are registration fees, annual subscription fees, and exam fees.

Career Opportunities:

• Upon completion, students can work in various roles such as financial analyst, tax consultant, auditor, management accountant, and finance manager. ACCA professionals are in demand globally, offering a wide range of career prospects in multinational corporations, banks, audit firms, and public sectors.

Continuing Professional Development (CPD):

• ACCA members are required to undertake CPD to maintain their professional status and keep their skills up to date.

Membership:

• Upon completion of exams and fulfilling experience requirements, students can apply for ACCA membership, becoming an ACCA Chartered Certified Accountant.

Global Recognition:

• ACCA is recognized in over 180 countries, offering a truly international career in finance and accounting.