Should I claim my exemptions?
Exemptions stop you from having to study the same topics that you have already been taught. This is great if you have recently achieved a qualification, as it's still fresh in your mind. However, if you are thinking of claiming an ACCA exemption based on qualifications you gained years ago, or if you have been working in a field other than accountancy for some time, you may need to take the exam.
Studying for the exam will allow you to refresh your knowledge and will ensure you are sufficiently prepared for the higher level papers, which go into topics in greater depth.
If you are not sure whether to apply for an exemption, why not have a look through our past exam papers? You will find links to past papers under the relevant qualification resources (please see the Related links to the left of this page). If you are not confident you could pass the exam right now, you should study for that paper and take the exam.
If you intend to complete the BSc degree in Applied Accounting, please be aware that Oxford Brookes University gives credit for exemptions awarded to ACCA students for any of the Fundamental level Papers F1 to F6, but a student must sit and pass the ACCA Fundamentals Papers F7, F8 and F9 to be eligible for the BSc degree. Oxford Brookes is not able to give credit for exemptions based on qualifications gained more than 10 years ago.