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Knowledge Level also known as Applied Knowledge level, consists of 3 exams which trains the students with the foundation level in accounting and finance
• Business and Technology (BT)
• Management Accounting (MA)
• Financial Accounting (FA)
Exam has two sections: Section A of the exam comprises 20 multiple choice questions of 2 marks each. Section B of the exam comprises three 10 mark questions and two 15 mark questions.
Skill Level also known as Applied Skills level, consists of 6 exams which examines the principal technical subjects in advance.
• Corporate and Business Law (LW)
• Performance Management (PM)
• Taxation (TX)
• Financial Reporting (FR)
• Audit and Assurance (AA)
• Financial Management (FM)
Professional Level or Strategic Professional level has been divided again into two segments. The exams in the Essential section are mandatory, while candidates must select two subjects from the Optional Section. Essentials
• Strategic Business Reporting (SBR – INT)
• Strategic Business Leader (SBL)
Optional (2 of 4)
• Advanced Audit & Assurance (AAA – INT)
• Advanced Performance Management (APM)
• Advanced Taxation (ATX – UK)
• Advanced Financial Management (AFM)
The full form of ACCA is the Association of Chartered Certified Accountants. It is a global professional qualification for those looking to build a career in accounting, finance, & business. The completion of ACCA course helps you gain skills in financial management, auditing, and taxation and is recognized in over 180 countries, offering global career opportunities.
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The ACCA syllabus consists of 13 exams divided into 3 levels,
1- Applied Knowledge level – 3 exams
2- Applied Skills level- 6 exams
3- Strategic Professional level – 4 exams
Besides completing 3 ACCA levels, one must also undertake a quick online self-learning course in Ethics from ACCA and complete a supervised internship of 3 years, referred to as the Practical Experience Requirement (PER) in ACCA.
On an average, you can clear the exams in just 2-3 years.The actual duration will depend on exemptions (if any) received.
The exams for the first 4 ACCA Papers are on demand and can be taken anytime during the year whereas for the next 9 papers, ACCA exams happen 4 times in a year. These 4 exam slots are – March, June, September & December every year
Students who have completed their 10+2 with a score of 65 per cent in English and Mathematics/Accounts and Minimum 50 per cent in other courses , or any those with higher qualifications such as graduates, Bcom, BBA, M.Com, MBA can get entry into ACCA.
Beyond an academic degree ACCA is a professional accounting qualification that is awarded by a global accounting body in over 180 countries and has more than 200,000 active members which opens world wide working access to the accounting profession.
ACCA awards exemptions to qualifications offered to those who have Foundation degrees, Bachelor degrees, Postgraduate qualifications, and Professional qualifications.
A 10+2 student has to attend the 13 papers. There will be no papers exempt.
A commerce graduate or post graduate has to attend 9 papers. BT, MA, FA, LW papers will be exempt.
A CA IPCC cleared student has to attend 8 papers. BT, MA, FA, TX, AA papers will be exempt.
There are 13 ACCA papers which are further divided into three levels:
Knowledge (basic concepts)
Skills (practical application)
Professional (advanced expertise)
Depending on your previous education, you might get exemptions from some papers. Use the ACCA exemption calculator to check your eligibility.
Yes, you can start ACCA right after 12th. It’s a great option for students aiming to build a career in finance or accounting. Many students combine ACCA with other undergraduate programs to enhance their skills and save time. However, students also go for BCom with ACCA for better opportunities on their journey towards a globally recognized title.
The ACCA salary varies depending on the job role, company, and experience. Fresh ACCA graduates typically earn between ₹6 to ₹25 lakhs per year. With experience, ACCA professionals can explore global opportunities and achieve even higher earning potential. ACCA offers rewarding careers in industries such as finance, auditing, and consulting, with numerous job opportunities available in India and worldwide.
The ACCA course, aligned with the ACCA syllabus, typically takes 2 to 3 years to complete if you study full-time. However, the duration can vary depending on how many papers you need to clear and whether you are studying part-time or full-time. Some students complete it faster with exemptions for prior qualifications.
ACCA exam dates are scheduled four times a year in March, June, September, and December. Additionally, some exams are offered as on-demand exams, giving students the flexibility to take them anytime during the year.
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