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What is exemption accreditation?

Exemption accreditation enables ACCA to award a specific level of exemption to graduates of an educational programme following a full assessment of the programme’s regulations, syllabus and assessments

Why does ACCA award exemption?

There are several routes to ACCA membership and many students undertake prior learning which is equivalent to ACCA papers. Where appropriate, ACCA wishes to ensure that students’ entry points match the knowledge and skills they have gained from their previous qualifications and, in doing so, we aim to provide students with the quickest possible route to membership.

What level of exemption can ACCA award?

ACCA Qualification

Exemption from all nine papers at the Fundamentals level can be considered. No exemption is awarded from any paper at the Professional level.

 

Exam name

Exam abbreviation

Professional - Options

  

P7

Advanced Audit and Assurance

AAA

P6

Advanced Taxation

ATA

P5

Advanced Performance Management

APM

P4

Advanced Financial Management

AFM

Professional - Essentials

 

 

P3

Business Analysis

BA

P2

Corporate Reporting

CR

P1

Governance, Risks and Ethics

GRE

Fundamentals - Skills

 

 

F9

Financial Management

FM

F8

Audit and Assurance

AA

F7

Financial Reporting

FR

F6

Taxation

TX

F5

Performance Management

PM

F4

Corporate and Business Law

CL

Fundamentals - Knowledge

 

 

F3

Financial Accounting

FA

F2

Management Accounting

MA

F1

The Accountant in Business AB

AB



Foundation Level qualifications

Exemption accreditation can be considered from all qualifications within the FIA suite of awards, depending on the standard and equivalence of the qualification.

Please note: Whilst exemption from the Foundation Level suite of awards is available, any institution wishing to apply for accreditation of a programme specifically in respect of the Foundation Level should contact the accreditation team for further information.

Introductory Certificate in Financial and Management Accounting

FA1, Recording Financial Transactions

MA1, Management Information

Intermediate Certificate in Financial and Management Accounting

FA2, Maintaining Financial Records

MA2, Managing Costs and Finances

Diploma in Accounting and Business

FAB, Accountant in Business

FMA, Management Accounting

FFA, Financial Accounting

Certified Accounting Technician (CAT) – options papers

FTX, Foundations in Taxation

FFM, Foundations in Financial Management

FAU, Foundations in Audit



Last updated: 15 Jun 2016