As an AAT member who has completed up to and including level 4, the ACCA Qualification is your next step to becoming a chartered certified accountant.
The ACCA Qualifications consists of four elements:
(Nine papers in total - three exemptions for AAT technicians)
After you have completed the AAT Qualification up to and including level 4, you will be exempt from the three Knowledge papers F1 to F3 of the Fundamentals module as shown in the qualifications table below.
For more information on exemptions, visit www.accaglobal.com/exemptions
|Knowledge exemption for AAT technicians|
|F1||Accountant in Business|
|F4||Corporate and Business Law|
|F8||Audit and Assurance|
(Five papers in total)
The Professional level is divided into two modules :
This level builds on the technical knowledge you already have. It will also explore more advanced professional skills, techniques and values.
All students have to pass the three papers in the Essentials module. The Options module contains four papers, but you only need to complete two.
|P1||Governance, Risk and Ethics|
(Two to be completed)
|P4||Advanced Financial Management|
|P5||Advanced Performance Management|
|P7||Advanced Audit and Assurance|
Professional Ethics module
Similar to AAT, professional ethics is at the heart of the ACCA Qualification. The Professional Ethics module underpins both your studies and your practical experience.
You get access to the module when you become eligible to take Paper P1, Governance, Risk and Ethics. We recommend that you take the Professional Ethics module at around the same time as you take this paper.
As AAT technicians, any relevant work experience obtained before registering with ACCA can count towards your Practical Experience Requirements (PER). This means any experience you have gained while studying with AAT is included and will help you on your way to becoming an ACCA member. You need to have three years' relevant work experience.
Recording your PER
To help you record your PER, you will have access to an online tool called My Experience which you will update and need to keep as you gain more experience.
Engaging in public practice
ACCA students are not permitted to engage in public practice or to be partners/directors of accountancy firms. This is the case even if you hold a practising certificate from AAT. For more information, see our rules and regulations for students