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Association of Chartered Certified Accountants (ACCA)

Table of Contents

What is ACCA?

ACCA is The Association of Chartered Certified Accountants of UK, the world’s most forward-thinking professional accountancy body with a global curriculum. Found in 1904, What CA is to India, ACCA is to the UK + globally accepted qualification for careers in accountancy, finance & management. ACCA has 100+ years of experience and headquarters in London, the UK leading the way in the accountancy profession globally.‍

Role of ACCA

The ACCA qualification prepares you for the roles such as

  • Global Accountant
  • Auditor
  • Treasury Professional
  • Management Accountant
  • Consultant
  • Finance or Business

Why should I Pursue ACCA?

  1. Work anywhere in the world
  2. Stand out to the best employers
  3. Join the global network
  4. High passing percentage
  5. Brilliantly flexible
  6. Comprehensive professional course

What is the eligibility criteria to do ACCA?

  • 12th Pass – The candidate should have scored a minimum of 65 % in Mathematics/ Accounts and English, 50% in the remaining subjects.
  • Graduates UG/PG
  • Chartered Accountants and other professional

How can I do ACCA?

  • After the 10th/12th standard, you can begin from the Knowledge Module in Fundamental Level.
  • UG/PG Graduates can begin directly from the Skill Module Fundamental Level.  (exemption LW).
  • CA’s can begin directly from the Professional Level.

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How many papers are there in ACCA?

There are totally 13 Papers which is split into three Levels

  1. Knowledge Level
  2. Skills Level
  3. Professional Level
ACCA – Knowledge Level
  • ‍F1 – Accountant in Business (AB)
  • F2 – Management Accounting (MA)
  • F3 – Financial Accounting (FA)
ACCA – Skills Level
  • ‍F4 – Corporate and Business Law (LW)
  • F5 – Performance Management (PM)
  • F6 – Taxation (TX)
  • F7 – Financial Reporting (FR)
  • F8 – Audit and Assurance (AA)
  • F9 – Financial Management (FM)
ACCA – Professional Level
  • ‍P1 – Strategic Business Leader (SBL)
  • P2 – Strategic Business Reporting (SBR)
ACCA – Optional Any Two from Four
  • ‍P3 – Advanced Financial Management (AFM)
  • P4 – Advanced Performance Management (APM)
  • P5 – Advanced Taxation (ATX)
  • P6 – Advanced Audit and Assurance (AAA)

ACCA Exemption 

Qualification
No. Of Exams to be written
Exemptions
12th pass
13
No Exemption
Commerce Graduate
9
AB, MA, FA, LW
CA Inter / CA IPCC (Both Groups)
8
AB, MA, FA, TX,AA
CA/ICWA/ICMA
4
AB - FM

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