ACCA Professional Scheme

 

The ACCA Qualification is designed to provide the accounting knowledge, skills and professional values which will deliver finance professionals who are capable of building successful careers across all sectors, whether they are working in the public or private sectors, practising in accounting firms, or pursuing a career in business.

In order to qualify as an ACCA member, you will complete:

• 14 exams (nine of which are eligible for exemption)
• Relevant practical experience, with a minimum of three years
• A Professional Ethics module.

The ACCA Qualification embeds the global accounting education standards set by the International Federation of Accountants (IFAC). There is a strong focus on professional values, ethics, and governance. These skills are essential as the profession moves towards strengthened codes of conduct, regulation, and legislation – with an increasing focus on professionalism and ethics in accounting. These are examined at the highest level in the ACCA Qualification and are a core element of your practical experience requirements.

Entry Requirements

We can offer you various entry points on to the ACCA Qualification, depending on your age and previous academic qualifications.

Minimum entry requirements

• Two A Levels and three GCSEs or equivalent in five separate subjects, including English and Mathematics.

• For South Africa:

Qualification	ACCA
Senior Certificate – issued by the Matriculation Board Completion of 6 subjects 5 subjects passed in one sitting Minimum aggregate mark of 45% is obtained 3 subjects passed at Higher grade 2 passes in a language (one at Higher Grade Passes in English and Maths	Sufficient for Registration
National Technical Certificate N1-N3	Insufficient for Reg
Higher Certificate (S2) / Higher Certificate in Technology (HCTech) formerly Technikon National Higher Certificate (T2)2	Sufficient for Registration
National Technical Certificate N4	Sufficient for Registration
National Certificate (S1) / Certificate in Technology (CTech) formerly Technikon National Certificate (T1) 1	Sufficient for Registration

• Other Countries Please Download requirements from www.accaglobal.com

Mature Student Entry Route (MSER)

• Normally over age 21

• No academic qualifications required

• Must pass the equivalent of Papers F2, Management Accounting and F3, Financial Accounting within two years before further progression to the ACCA exams is permitted.

Graduate-entry route

• Relevant degree holders from ACCA-accredited institutions may be exempted from all nine exams within the Fundamentals level and register directly at the Professional level. Non-relevant degrees may also qualify for some exemptions

Access to ACCA via CAT qualification

• No academic qualifications required

• Sit Certified Accounting Technician

• (CAT) qualification first and then transfer to the Skills module of the ACCA Qualification by claiming exemption from the first three papers in the Knowledge module.

Exams & study

You will need to complete 14 papers in total. A maximum of nine papers in the Fundamentals level are available for exemption.

FUNDAMENTALS (nine papers in total)
Knowledge
F1	Accountant in Business	(AB)
F2	Management Accounting	(MA)
F3	Financial Accounting	(FA)
Skills
F4	Corporate and Business Law	(CL)
F5	Performance Management	(PM)
F6	Taxation	(TX)
F7	Financial Reporting	(FR)
F8	Audit and Assurance	(AA)
F9	Financial Management	(FM)

 

PROFESSIONAL (five papers in total)
Essentials
P1	Professional Accountant	(PA)
P2	Corporate Reporting	(CR)
P3	Business Analysis	(BA)
Options (two to be completed)
P4	Advanced Financial Management	(AFM)
P5	Advanced Performance Management	(APM)
P6	Advanced Taxation	(ATX)
P7	Advanced Audit and Assurance	(AAA)