Chartered Certified Accountant (ACCA)
Chartered Certified Accountant is the professional body's main qualification. Following completion of up to 13 professional examinations, three years of supervised, relevant accounting experience and an ethics module, it enables an individual to become a Chartered Certified Accountant. The ACCA professional examinations are offered worldwide four times yearly in March, June, September and December as paper-based and computer-based exams. On-demand computer-based exams (CBE) are also offered for the first four exams (AB, MA, FA, LW), and Session CBEs for the rest (PM, TX, FR, AA, FM) which are available to be taken at ACCA licensed exam centers. A bachelor of Science (Honours) degree in Applied Accounting (after completing the Fundamentals level of the exams, the Ethics and Professional Skills module and submitting a Research and Analysis project), is offered in association with Oxford Brookes University.
From September 2018 onward, the syllabus comprises 13 examinations and an Ethics and Professional Skills module (EPSM), although some exemptions are available. In April 2019, a Data Analytics unit was added in EPSM .
The qualification is structured in three modules, plus an Ethics and Professional Skills module and a Professional Experience Requirement (PER).
The Applied Knowledge level consists of 3 examinations:
AB - Accountant in Business
MA - Management Accounting
FA - Financial Accounting
The Applied Skills level consists of 6 examinations:
LW - Corporate and Business Law
PM - Performance Management
TX - Taxation
FR - Financial Reporting
AA - Audit and Assurance
FM - Financial Management
The Strategic Professional level involves 4 examinations: 2 from Essential and any 2 from Options.
Essential (or Compulsory):
Options:
AFM - Advanced Financial Management
APM - Advanced Performance Management
ATX - Advanced Taxation
AAA - Advanced Audit and Assurance
The ACCA full Professional qualification is regarded as the equivalent of a taught UK master's degree by the UK NARIC and Department for Education.