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ACCA -  (Association of Chartered Certified Accountants)

The ACCA Qualification is designed to provide the accounting knowledge, skills and professional values which will deliver finance professionals who are capable of bilding successful careers across all sectors, whether they are working in the public or private sectors. Currently ACCA is working in over 170 countries with 80 exams centers and having over 122000 members and 325000 stu

ACCA Logo

Eligiblity:

Professional Qualification Route: Minimum age 18 years 2 A level and 3 GCSEs or equivalent in 5 separate subjects, including English and Mathematics, ICAP Foundation, CAT (UK), Graduation from Pakistan.

Mature Students Entry Route:Minimum age21 Years with no formal qualification.

Papers:

You will need to complete 14 papers in total. A maximum of nine papers in the Fundamentals level are available for exemption.


Foundation: (9 Papers in total)

Foundation: (9 Papers in total)

Knowledge

Essential

F1

Accountant in Business

P1

Professional Accountant

F2

Management Accounting

P2

Corporate Reporting

F3

Financial Accounting

P3

Business Analsys

Skills

Optional

F4

Corporate and Business Law

P4

Advanced Financial Management

F5

Performance Management

P5

Advanced Performance Management

F6

Taxation

P6

Advanced Taxation

F7

Financial Reporting

P7

Advanced Audit and Assurance

F8

Audit and Assurance

F9

Financial Management


Examination System:

ACCA Paper Beased Exams (PBE) are conducted twice a year in June and December but Computer Based Exams (CBE) whenever student wish to sit. CBEs are currently available for paper F1, F2 and F3. Exam is conducted by the British Council Pakistan. Student can sit in up to 4 papers in one session. Passing %age 10 50% through the ACCA. All the papers have to be passed on individual basis.


Registration Deadline:

15th of August for December attempt and 31st Decemeber for June attempt. Other than these registrations remain open through out the year for most flexible exams under CBE.


HOW LONG IT WILL TAKE:

You can take a maximum of four exams every six months and combining this with working full-time would also mean you are simultaneously gaining the practical experience requirement also necessary for membership. On average, an individual registering with the minimum entry requirments, working full-time and studying on a part-time basis would take approximately 3 to 4 years to gain their ACCA Qualification. However, depending on your previous qualofication and relevant practical experience, you can complete the qualification much more quickly. A graduate with a relevant degree and a couple of years relevant experience could complete the qualification in as little as one or two years.


Fees:

Type of Charges

Payable to ACCA (UK)

Payable to College

Initial Registration (only once)

£ 72

Rs. 5,000

Diploma (per paper)

£ 57

Rs. 12,000

Advanced Diploma (per paper)

£ 72

Rs. 12,000

Professional Level (per paper)

£ 84

Rs. 13,000

* subject to change without prior notice

Note: Annual subscription fee £ 69 is payable to ACCA UK. for CBE extra fee would be charges.



Exemptions for ACCA:

* 3 Years B.Com (Hons)

Knowledge Level

* M.Com for MBA

Knowledge Level + F4 CL

* PIPFA

Paper F2 & F3, based on specific subjects

* ICAP Foundation

Knowledge Level + F4 CL

* ICMA

Knowledge Level + F4 CL


Exemptions for ACCA:

  • Foundation stage of Institute of Charted Accountants Pakistan (ICAP).
  • All the papers of Iinstitue of Charted Accountants of English and Wales (ICAEW) except for last two(2) papers after ACCA (UK stream).
  • All the papers of Iinstitue of Charted Accountants of English and Wales (ICAEW) except for last five(5) papers after ACCA (International stream).
  • All the papers of Iinstitue of Charted Accountants (ICAEW) except for last seven(7) papers after ACCA (UK stream).
  • After completing part-2 Oxford Brooks University will award you with B.Sc (Hons.) in applied accounting on submission of a research and analsys project.
  • ACCA members are also eligible to apply for MBA from Oxford Brooks University UK, LUMS, UCP.