Sunday, June 27, 2010

Why ACCA

ACCA (the Association of Chartered Certified Accountants) is the global body for professional accountants.
We aim to offer business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management. Both our reputation and influence are respected worldwide by employers, governments and the profession itself.
ACCA has been around for over 100 years, which means our growth is backed by a solid history. Our reputation for excellence in qualifications and training is acknowledged around the world, which will have a positive impact on your reputation in the profession.
Our qualifications are examined in over 170 countries and based on international accounting standards. But going global doesn’t mean that one size has to fit all. We offer adapted papers in financial accounting and auditing, and variant papers that test local law and tax. So you can feel confident knowing that you will have a globally-recognised qualification that will also be relevant locally too.
As a professional you will be expected to ensure your knowledge and skills are relevant to the constantly changing needs of the market. Professional development will play a major part in your career, giving you opportunities to further enhance your skills and knowledge. And we will be supporting you on your way to qualification and beyond.

ACCA Qualification

The ACCA Qualification is your route to professional status.
Designed to provide the accounting knowledge, skills and professional values which will deliver finance professionals who are capable of building successful careers across all sectors.
There is a strong focus on professional values, ethics, and governance. These skills are essential as the profession moves towards strengthened codes of conduct, regulation, and legislation – with an increasing focus on professionalism and ethics in accounting. These are examined at the highest level in the ACCA Qualification and are a core element of your practical experience requirements.
In order to qualify as an ACCA member, you will need to complete:
14 exams (nine of which are eligible for exemption)
relevant practical experience, with a minimum of three years
a Professional Ethics module.

Entry Requirments

We can offer you various entry points on to the ACCA Qualification, depending on your previous academic qualifications.
Minimum entry requirements
two A Levels and three GCSEs or equivalent in five separate subjects, including English and Mathematics.
full information on the minimum entrance criteria for each country is available in the 'related documents' section.
Mature Student Entry Route (MSER)
normally over age 21
no academic qualifications required
must pass the equivalent of Papers F2, Management Accounting and F3, Financial Accounting within two years before further progression to the ACCA exams is permitted.
Graduate-entry route
relevant degree holders from ACCA-accredited institutions may be exempted from all nine exams within the Fundamentals level and register directly at the Professional level. Degrees with some relevance may also qualify for exemptions.
Access to ACCA via CAT qualification
no academic qualifications required
sit Certified Accounting Technician (CAT) qualification first and then transfer to the Skills module of the ACCA Qualification by claiming exemption from the first three papers in the Knowledge module.