Exemptions mean you don't have to study the same topics that you've already been taught. This is great if you've recently achieved a qualification, as it's still fresh in your mind. Our process of awarding exemptions is rigorous as we need to ensure we are confident that the prior learning matches the skills and knowledge needed for the ACCA Qualification
However, if you're thinking of claiming an exemption based on qualifications you gained years ago, or you've been working in a field other than accountancy for some time, it may be more benefitial to take the exam. Studying for the exam will allow you to refresh your knowledge and ensure you're sufficiently prepared for the higher level exams, which go into topics in greater depth.
If you're not sure whether to apply for an exemption, use the Get Ready Modules to test your underlying knowledge of the subject. If you have significant gaps in your underlying knowledge, we would advise you to forfeit the exemption and sit the exam.
The Get Ready Modules are an excellent resources to kick off your studies before you tackle any new subject, regardless of your exemption status.