What is ACCA?
The Association of Chartered Certified Accountants is a global professional accounting body offering the Chartered Certified Accountant qualification. ACCA’s headquarters are in London with principal administrative office in Glasgow. It was founded in 1904. The ACCA qualification is recognized and is treated in other countries as being equivalent to their local qualification. The ACCA qualification proves to employers that you have ability in all aspects of business. It is the largest and fastest growing qualification in the world, with over 500,000 members and students in 170 countries. 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 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, although some exemptions are available.The qualification is structured in three modules, plus an Ethics and Professional Skills module and a Professional Experience Requirement.
Benefits of ACCA Certification
ACCA Fee Structure
ACCA – Foundation in Accountancy: R16,000
ACCA – First Year (Diploma in Accounting and Business): R16,000
ACCA – Second Year (Advanced Diploma in Accounting and Business): R47,500
ACCA – Third Year (Strategic Professional Level): R47,500
How To Get Started
For those with Matric and other High School Qualiﬁcations -You will need a minimum of level 3 in both English and Mathematics -If you did Maths Literacy, you will require a minimum of level 4 -Students who don’t meet the minimum requirements can do a ‘Foundation in Accountancy’
For those with undergraduate qualiﬁcations, if you have completed a diploma, degree or equivalent that has ﬁnance content, you could be exempt from some or even a maximum of nine exams from the ACCA Qualiﬁcation, leaving you the Professional level exams to complete and time to focus on gaining your practical experience. Get in touch with our offices and we will gladly assist you to know what exemptions you are likely to obtain.