ACCA – Association of Chartered Certified Accountants

ACCA – Association of Chartered Certified Accountants. (UK/Global)
Introduction of Programme: (Full time Professional Qualification) The new ACCA Qualification is 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, whether they are working in the public or private sectors, practicing in accounting firms, or pursuing a career in business.
It has two levels of full time/part time study structure.
• Fundamentals level
• Professional level:
Practical Experience Requirement (PER):
information on your PER Ethics module:
information on the ethics module.

Fundamental level
The Fundamentals level is divided into two modules - Knowledge and Skills. The Knowledge module (F1-F3) introduce students to the core areas of financial and management accounting. This provides the platform from which the other technical accountancy areas will be studied in greater detail in the Skills module. The Skills module (F4-F9) contains six subjects which comprehensively cover the main technical areas that any accountant - regardless of their future career aspirations - are expected to have
mastered. These comprise law, performance management, taxation, financial reporting, auditing, and financial management.

Structure & Syllabus
Fundamental level 1(Compulsory units)
• F1 Accountant in Business AB
• F2 Management Accounting MA
• F3 Financial Accounting FA.

Duration: 6 months – 8 months.

Fundamental level 2 (Skills modules)
• F4 Corporate and Business Law CL
• F5 Performance Management PM
• F6 Taxation TX.

Duration: 4 months – 6 months.

Fundamental level 3 (Skills modules)
F7 Financial Reporting FR
F8 Audit and Assurance AA
F9 Financial Management FM.

Duration: 4 months – 8 months.

Professional level
The Professional level is divided into two modules - Essentials (P1-P3) and Options (P4-P7). Both modules have been set at an intellectual level equivalent to that expected of a student taking a Masters degree. The focus
of the syllabus at this level is to build upon the technical skills already acquired, and explore more advanced professional skills, techniques, and values that are required and used by the expert accountant acting in an advisory or consultancy role at a senior level. All students must
complete the three papers in the Essentials module. The Options module contains four papers. These are directly underpinned and supported by their equivalent within the Skills module in the Fundamentals level.

(Professional Level 1)
Duration: 6 months – 8 months.

• P1 Professional Accountant PA
• P2 Corporate Reporting CR
• P3 Business Analysis BA.

(Professional Level 2)
Duration: 6 months to 8 months).

Choose any two subjects from the followings:
• P4 Advanced Financial Management AFM
• P5 Advanced Performance Management APM
• P6 Advanced Taxation ATX
• P7 Advanced Audit and Assurance AAA.