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Updated 5 months ago
The ACCA (Association of Chartered Certified Accountants) qualification is a recognized certification for accounting professionals, and it consists of 13 exams divided into three levels:
1. Applied Knowledge: This level includes 3 exams that give you a solid foundation in accounting principles.
2. Applied Skills: Here, you tackle 6 more exams that build on that foundation and cover more complex topics in accounting and finance.
3. Strategic Professional: This final level has 4 exams, which include 2 essential exams that everyone must take and 2 optional exams where you can choose topics that interest you the most.
Additionally, there’s an ethics exam that you need to complete at some point during the ACCA process.
To qualify for ACCA, you generally need two A-Levels and three GCSEs (or equivalent), covering five different subjects, including English and math.
The time to complete the ACCA certification varies based on how well you do on the exams. If you pass every exam on your first try, you could finish in as little as 6 months. However, it typically takes longer for many as they balance studying with work or other commitments.
Lastly, ACCA is a detailed accounting qualification that prepares you for a career in finance and has a flexible time frame based on your own pace and schedule.
Updated 3 months ago
ACCA is a certification that stands for Association of Chartered Certified Accountants which is a global accounting body for accounting professionals who are licensed to carry out accounting activities in different business setups across the globe. It is responsible for maintaining accountant standards that require a particular set of skills and acumen that transcends across reputed companies that have a high-standard workforce. Someone with the ACCA qualification is a gem in the ocean of accountants who meet certain standards of carrying out accounting work.
There are 13 papers that are conducted to test the abilities of the professional who is attending this exam. There are two categories in these exams: the fundamental level consists of 9 papers, and the professional level consists of 4 papers.