Introduction to ACCA - ConTeTracontetra.com/public/docs/ACCA-Contetra.pdf · P3 Business Analysis...

Contetra

Vashi, Mumbai

February 2017

Introduction to ACCA

• 480,000 students in 181 countries

• 188,000 members

• 7400 approved employers

• 600+ approved learning partners

• Recognition in 78 Markets

• 80+ global accountancy body partnerships

Key Facts

• 1904 formed

• 1909 first female member (of any Professional Accounting Body)

• 1913 first branch outside of UK

• 1948 recognised in UK Companies Act

• 1988 first elected President (of any Professional Accounting Body)

• 1991 first environmental awards

• 1996 first body to International Accounting Standards

• 1997 ACCA and UN provide Global Curriculum

ACCA’s long and pioneering history

Our Members work at :

Professional level exams

ACCA Affiliate / Member

Options (any 2 from 4)P7 Advanced Audit and Assurance

P6 Advanced Taxation

P5 Advanced Performance Mgt

P4 Advanced Financial

Management

Essentials (all 3)P3 Business Analysis

P2 Corporate Reporting

P1 Governance Risk and Ethics

ETHICSPRACTICAL

EXPERIENCEFundamentals level exams

Advance Diploma in Business and

Accounting

SkillsF9 Financial Management

F8 Audit and Assurance

F7 Financial Reporting

F6 Taxation

F5 Performance Management

F4 Corporate and Business Law

Diploma in Business and Accounting

KnowledgeF3 Financial Accounting

F2 Management Accounting

F1 Accountant in Business

ACCA Qualification - Journey

Degree from Oxford Brookes

• Opted-in to the BSc degree scheme while registration

• Hold a recognized English language qualification certificate and transcript (if

applicable), which must be submitted and approved by ACCA, before passing F7, F8

and F9.

• Pass the three ACCA Fundamentals papers F7, F8 and F9 and pass (or gain

exemption from) other papers as required to successfully complete all nine

Fundamentals level papers at least two months prior to the start of the submission

period.

• Complete the ACCA Professional Ethics module according to the Research and

Analysis Project submission dates

• Complete and pass the Oxford Brookes University Research and Analysis Project.

BSc (Hons) in Applied Accounting

F1 Accountant in Business

F2 Management Accounting

F3 Financial Accounting

F4 Corporate and Business Law

F5 Performance Management

F6 Taxation

F7 Financial Reporting

F8 Audit and Assurance

F9 Financial Management

P1 Governance Risk and Ethics

P2 Corporate Reporting

P3 Business Analysis

P4 Advanced Financial Management

P5 Advanced Performance Management

P6 Advanced Taxation

P7 Advanced Audit and Assurance

ACCA Qualification – Exam Structure

Computer Based Exams, can be

taken anytime in a year at ACCA

CBE Centres

Paper based exams can be taken at British

Council Centres across the country

Exam Schedule

1) March

2) June

3) September

4) December

Eligibility Criteria – ACCA Qualification

Qualification

All India Higher Secondary Certificate/ XII/ 10+2

• 65% and above in English and Mathematics / Accounts

• Passed in at least 5 subjects (including English and Maths)

Status

Practical Experience Requirement (PER)

• Achieve 5 essentials and 4 Technical Performance Objectives (signed off by practical experience supervisor)

• Complete 36 months experience in finance and accounting related roles (verified by practical experience supervisor)

• Regularly record PER progress in ‘My experience’ record’

Unless an employer is a Gold or

Platinum approved employer and they

have taken advantage of the

performance objective exemption; in this

case one should regularly record your

progress towards achieving 36 months’

experience in your online My Experience

record.

Fees Structure

Initial registration £79

Annual subscription £85

Knowledge level

F1 £72

F2 £72

F3 £72

Skills level

F4 £97

F5 £97

F6 £97

F7 £97

F8 £97

F9 £97

Professional level

P1 £121

P2 £121

P3 £121

P4 £121

P5 £121

P6 £121

P7 £121

Exam Fees in detail

Knowledge LevelPapers F1, F2 and F3. The fee is chargeable per exam.

December 2016 early entry £72

December 2016 standard entry £76

December 2016 late entry £231

Skills LevelPapers F4, F5, F6, F7, F8 and F9. The fee is chargeable per exam.

December 2016 early entry £97

December 2016 standard entry £102

December 2016 late entry £261

Professional LevelPapers P1, P2, P3, P4, P5, P6 and P7. The fee is chargeable per exam.

December 2016 early entry £121

December 2016 standard entry £128

December 2016 late entry £289

ACCA Application Process

ACCA Exam Exemptions

B.Com

F1

F2

F3

F4

IPCC

F1

F2

F3

F6

F8

B.Com + IPCC

F1

F2

F3

F4

F6

F8

Indian CA (after 2003)

F1

F2

F3

F4

F5

F6

F7

F8

F9

ACCA Exemptions Calculator

http://www.accaglobal.com/vn/en/help/exemptions-calculator.html

ACCA Exam Exemptions – Demo

Exam Resources: Student

Syllabus and study

guides

Examining team

guidance

Specimen Exams

Past exam

papers

Practice tests

Technical Articles

Exam Formulae

http://www.accaglobal.com/in/en/student/exam-support-resources.html

myACCA

myACCA provides customized information and services relevant

to the qualification and level you are studying.

ACCA Careers

ACCA Careers is the official ACCA global careers job

board for aspiring and fully qualified finance professionals.

https://jobs.accaglobal.com/

Education loans

Axis BankCanara Bank

Credilla Avanse

Other Qualifications

ACCA-XFoundations

in Accounting

Diploma in IFRS

Certificate in IFRS

Global Business Services

Connect with ACCA

ACCA India 24x7 toll free: 0008 001 004 298

ACCA India mailbox: indiainfo@accaglobal.com

Shariq Shaikh

Shariq.shaikh@ikyastaffing.co.in

Nooh Khushal

nooh.khushal@ikyastaffing.co.in