ACCA full form means Association of Chartered Certified Accountants. Founded in 1904, ACCA is the world’s best qualified, most highly sought-after professional accountants with more than 230,000 members and more than 500,000 students over more than 180 countries.
Look at the many roles that you can go into when you are an ACCA.
ACCA Course fees
How much does it cost to study ACCA? It all depends on how many papers you need to attempt and how long you intend to use for your duration of your study. Generally, when you embark on the ACCA professional course, you will need to pay both ACCA itself and to us, Genesis Origo – an approved learning partner with ACCA.
In a nutshell, your journey to complete ACCA will cost you the following:
Amount Payable to ACCA UK
Initial Registration fee – when you register as a student at £89.
Annual Subscription fee – this is an annual fee you have to pay. Therefore, the longer you use for your ACCA studies, the greater this will cost you. It is currently at £134.
Exemption fees – if you join ACCA with a relevant qualification like an Accounting Diploma or with a degree, you may get exemption for some ACCA papers and you have to pay an exemption fee for each paper you are exempted.
Exam fees – ACCA has 4 exams over a calendar year (March, June, September and December). You will need to signup for exam around 6-7 weeks prior to the exam. Exam fees range from £122 – £266 per paper.
Amount Payable to Genesis Origo (GO)
You only need to pay GO the tuition fee for each subject that you wish to study with us. Depending on the paper that you are signing up, but it starts from RM1,100 per paper to RM1,900.
There are all together 13 papers in ACCA. They are structured as follows:
ACCA Knowledge Papers – Papers BT, FA and MA
ACCA Skills Papers – Papers LW, PM, TX, FR, FM and AA
ACCA Strategic Professional Papers – Papers SBL and SBR
ACCA Strategic Professional Options – Papers AFM, ATX, AAA and APM (need to pass Any TWO)
ACCA does not have time limit imposed on Knowledge and Skills papers. Therefore, it does not matter how long you intend to study and complete them.
All strategic professional papers that you have passed will have an expiry date of 7-year. Therefore, you have to complete all the 4 strategic papers within the 7-year duration from the first pass, or else any of the strategic professional paper that you have passed will be forfeited. You will have to sit for exam exam for such paper. Remember, this does not affect all the knowledge and skills papers.
It will be difficult for a student to follow a generic study plan. We usually advice our students based on their time commitment, job role, financial and other relevant factors. You might want to speak to us for advice or counseling. Whatsapp us at +60123371090 or click HERE
ACCA Course Eligibility / Requirement
There are many routes available for students to enter into ACCA professional studies. Some of the common qualifications are:
ACCA has a list of FAQs on exemption which you might find it useful. A direct link to ACCA Exemption FAQ (Click Here)
ACCA will award a maximum of 9 papers exemption, leaving a student with only 4 strategic professional papers to complete their ACCA. You can provisionally check your exemption eligibility from ACCA exemption calculator. However, these are not a final and conclusive indication as ACCA will have to individually approve your exemption application. You shall apply your exemption together with your ACCA registration. Therefore, prior to your registration process, please ensure you have prepared these:
Qualification documents (Certificate and Transcript) – they must have your name, your institution name and logo, subject codes and marks/grades, completion date.
Identification document (e.g driver’s license or national identification card)
Remember, you do not have to pay any exemption fee yet when you register with ACCA. You will be issued with an exemption notification and an invoice subsequently. That is when you have to pay the exemption fees.
(image source: www.accaglobal.com)
If you are not sure if your qualification or you presently do not have any formal qualification, please speak to us for advice on how you may pursue your journey to be a professional accountant with ACCA. Whatsapp us at +60123371090 or click HERE
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