The Association of Chartered Certified Accountants
The Association of Chartered Certified Accountants
Association of Chartered Certified Accountants
When you study with ACCA, you can take your career in any direction. You open doors to the best and most interesting roles all over the world. And you become one of the sought-after finance professionals our fast-changing world needs
ACCA (Association of Chartered Certified Accountants) is the largest and fastest-growing international accountancy body, with over 527,000 students and 219,000 members in 179 countries. More people around the world qualify in-country with ACCA than any other international body. ACCA’s reputation and influence are respected worldwide by employers, government and the profession itself.
ACCA has a network of approved learning partners to help you on every step of your journey. Whether you wish to study full-time or part-time, in a classroom environment or online, you’ll be able to find quality tuition that suits your needs and lifestyle
ACCA holds exam sessions each quarter and some of the exams can even be taken on-demand, giving you the flexibility to progress through our qualifications at your own pace. Our flexible exams also give you the opportunity to specialize in a chosen area and in a number of countries you can even take exams based on your national tax and law. Additionally, you can even gain additional qualifications on your journey to membership, including:
- BSc in Applied Accounting from Oxford Brookes University
- MSc in Professional Accountancy from the University of London.
ACCA offers various entry routes, depending on your age and previous academic qualifications.
- Minimum Entry Requirements
– 2 passes at GCE A’ Levels and 3 passes at GCSE/GCE O Level in 5 separate subjects, including English and Mathematics
–American Higher School Certificate with atleast 50%
- Graduate Entry Route
–Graduation, B.Com, BA, BSc from a recognised University
- Access to ACCA via FD qualification
– Complete the Diploma in Accounting and Business through the Foundation Diploma route, and you can continue your studies with the Certified Accounting Technician Qualification, or you can transfer onto the ACCA Qualification, miss out the first three exams and continue your studies from the fourth exam (F4 – Corporate and Business Law) onwards.
Removal of Mature Student Entry Route (MSER)
If you would have normally registered on the ACCA Qualification via the Mature Student Entry Route (MSER), you should now register on Foundations in Accountancy. MSER is no longer available.
This is because now that we have introduced Foundations in Accountancy, which is open entry and does not require you to have any previous academic qualifications to apply, it is possible for you to enter at any level within Foundations in Accountancy, including the Diploma in Accounting and Business.
The exams FAB, FMA and FFA on Foundations in Accountancy are identical to F1, F2, and F3 of the ACCA Qualification. If you would have normally registered on MSER, you are now better placed when you register on Foundations in Accountancy. This is because there is no restriction on the number of exams you take, the order you choose to take them in, or the time you can take to complete FAB, FMA and FFA on Foundations in Accountancy.
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. Degrees with some relevance may also qualify for exemptions. For details, refer to ACCAGlobal Exemption Support
How does the ACCA Qualification work?
Students progress through three elements of the ACCA Qualification on their journey to ACCA membership, these are:
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)
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)
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:
- Strategic Business Leader (SBL)
- Strategic Business Reporting (SBR)
- 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.
Practical Experience Requirement
Being a confident, inspiring and trusted professional comes with experience so to qualify as an ACCA member you must complete a minimum 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 a practical experience supervisor. The practical experience requirement allows you to put the knowledge learned through your studies into practice in a real work environment.
B.Sc. (Hons) Applied Accountancy
Students must apply for registration with OBU for the degree prior to passing or completion of skills and fundamental modules. In addition to this, they will also be required to write and submit a Research and Analysis Project to the University. ACE Uganda is in the process of providing mentoring for the students applying for the degree.