In order to complete the ACCA Qualification and qualify as an ACCA member, you will need to complete:
1. 13 exams (exemptions are awarded based on qualifications held)
2. 3 years practical work experience
3. The Ethics and Professional Skills module
ACCA EXAMS
Applied Knowledge:
The Applied Knowledge exams provides students with a broad introduction to the world of finance and develop your essential understanding and techniques in accounting. These exams are:
1. Accountant in Business (F1)
2. Management Accounting (F2)
3. Financial Accounting (F3)
Applied Skills:
The Applied Skills exams build on existing knowledge and understanding and develop strong, broad and practical finance skills required of future strategic professional accountant in any sector or industry. These exams are:
1. Corporate and Business Law (F4)
2. Performance Management (F5)
3. Taxation (F6)
4. Financial Reporting (F7)
5. Audit and Assurance (F8)
6. Financial Management (F9)
Strategic Professional:
The Strategic Professional exams prepare students for future leadership positions. Students must complete both Essentials exams and choose two from the Options. These exams are:
Essentials
1. Strategic Business Leader (SBL) – Governance Risk and Ethics (P1) and Business Analysis (P3)
2. Strategic Business Reporting (SBR) – Corporate Reporting
Options (Choose 2)
3. Advanced Financial Management (P4)
4. Advanced Performance Management (P5)
5. Advanced Taxation (P6)
6. Advanced Audit and Assurance (P7)
ACCA EXEMPTIONS
A maximum of nine Applied Knowledge and Applied Skills exams of the ACCA Qualification can be awarded. To preserve the integrity and rigour of the ACCA Qualification and to ensure that all students share a common experience, no exemptions are provided for Strategic Professional exams.
The exemptions which can be claimed by each student will vary according to his/her qualifications. Click here to calculate the exemptions available to you.
TIME FRAME
· Four exam sessions are run per year – March, June, September, December.
· Students can sit a maximum of four exams at each session, and a maximum of eight distinct exams each calendar year.
· You could therefore complete all of the exams in two years.
· However, as you also need three years practical experience before you can become an ACCA member and be considered a qualified accountant, the qualification takes a minimum of three years to complete.
IMPORTANT DATES AND DEADLINES
1. Annual Subscription:
The annual subscription fee is due by 1st January each year.
2. The early exam entry opening dates, early exam entry deadline dates, standard exam entry deadline dates, and late exam entry deadline dates for various exam sessions are mentioned below along with the fee structure.
FEE STRUCTURE FOR 2019
The following is the list of fees and charges which will be required to be paid by the students:
Registration and Subscription Fees:
· Initial Registration (a one-time fee that students must pay when registering with ACCA) - £79
· Re-registration (for students who failed to pay fees on due dates) - £79
· Annual Subscription fee - £105
Exemption fees:
· Applied Knowledge exams – This fee is chargeable per exemption awarded - £80
· Applied Skills exams - This fee is chargeable per exemption awarded - £106
Ethics and Professional Skills Module:
· Fees - £62
Exam fees:
· Applied Knowledge exams: These papers are only available as on-demand Computer Based Exams (CBEs). Hence, a student must contact the local CBE centre to book for the exam.
· Applied Skills exams fees
September 2019 early entry - £106 (Closes 13 May 2019)
September 2019 standard entry - £111 (Closes 29 July 2019)
September 2019 late entry - £285 (Closes 5 August 2019)
December 2019 early entry - £106 (Closes 12 August 2019)
December 2019 standard entry - £111 (Closes 28 October 2019)
December 2019 late entry - £285 (Closes 4 November 2019)
· Applied Professional exam fees (both essentials and options)
Essentials
Strategic Business Leader (SBL):
September 2019 early entry - £185 (Closes 13 May 2019)
September 2019 standard entry - £196 (Closes 29 July 2019)
September 2019 late entry - £316 (Closes 5 August 2019)
December 2019 early entry - £185 (Closes 12 August 2019)
December 2019 standard entry - £196 (Closes 28 October 2019)
December 2019 late entry - £316 (Closes 4 November 2019)
Strategic Business Reporting (SBR):
September 2019 early entry - £133 (Closes 13 May 2019)
September 2019 standard entry - £140 (Closes 29 July 2019)
September 2019 late entry - £316 (Closes 5 August 2019)
December 2019 early entry - £133 (Closes 12 August 2019)
December 2019 standard entry - £140 (Closes 28 October 2019)
December 2019 late entry - £316 (Closes 4 November 2019)
Options
September 2019 early entry - £133 (Closes 13 May 2019)
September 2019 standard entry - £140 (Closes 29 July 2019)
September 2019 late entry - £316 (Closes 5 August 2019)
December 2019 early entry - £133 (Closes 12 August 2019)
December 2019 standard entry - £140 (Closes 28 October 2019)
December 2019 late entry - £316 (Closes 4 November 2019)
Having trouble understanding the registration process? We, at ArivuPro, give our best and professional assistance to avoid mistakes by guiding you throughout the process.