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How does the ACCA Qualification work?

Students progress through three elements of the ACCA Qualification on their journey to ACCA membership, these are:

ACCA EXAMS

Applied Knowledge

The Applied Knowledge exams provides students with a broad introduction to the world of finance and develop your essential understanding and techniques in accounting.  These exams are:

  • Accountant in Business (AB)
  • Management Accounting (MA)
  • Financial Accounting (FA)

Applied Skills

The Applied Skills exams build on existing knowledge and understanding and develop strong, broad and practical finance skills required of future strategic professional accountant in any sector or industry. These exams are:

  • Corporate and Business Law (LW)
  • Performance Management (PM)
  • Taxation (TX)
  • Financial Reporting (FR)
  • Audit and Assurance (AA)
  • Financial Management (FM)

Strategic Professional

The Strategic Professional exams prepare students for future leadership positions. They develop the strategic vision using your unique blend of technical, ethical and professional skills. And you can specialise in areas that best suit your career ambitions. Students must complete both Essentials exams and choose two of the Options.  These exams are:

Essentials

  • Strategic Business Leader (SBL)
  • Strategic Business Reporting (SBR)

Options

  • Advanced Financial Management (AFM)
  • Advanced Performance Management (APM)
  • Advanced Taxation (ATX)
  • Advanced Audit and Assurance (AAA)

Ethics and Professional Skills Module

Students are required to complete our Ethics and Professional Skills module which develops in students the complete range of skills that employers told us they need. By introducing students to the full spectrum of advanced ethical and professional skills and exposing them to realistic business situations, our students are ready to shine with recruiters and be really credible in the workplace.

Professional Experience Requirement

Being a confident, inspiring and trusted professional comes with experience so to qualify as an ACCA member students must complete 36 months’ relevant work experience and achieve 9 performance objectives.

Your time in a relevant role and performance objectives need to be signed off by your practical experience supervisor. This practical experience requirement lets students put their knowledge learnt through their students into practise, all in a supported and practical environment.

Last updated: 21 Jun 2018