About ACCA




About ACCAACCA (the Association of Chartered Certified Accountants)is the global body for professional accountants with 432,000trainees and 154,000 qualified members in 170 countries. Wehelp the world’s employers grow their businesses by enablingthem to develop the finance leaders of today and tomorrowin all business sectors through our network of 83 offices andcentres worldwide.3

Why choose ACCA?ACCA is the leading global body forprofessional accountants. We offerworld-class finance and accountancyqualifications and opportunities toraise the profile of your organisationthrough our unrivalled global,regional, national and local networkof offices and partners.Wehbus elpinesgrow sesdev byethei lopingr fincapaancebility aenhanthei ncing drrepu brandtation.4Finance capabilityWe prepare accountants for business. ACCA can uniquely supportyour organisation in developing its finance capability as ourqualifications and professional development can be tailoredto deliver the finance skills it needs. Our geographical andsectoral diversity means that we provide renowned finance andaccountancy qualifications for any organisation in any sector.And with 83 offices and 400 examination centres worldwide, wehave the greatest network qualification delivery capability andprofessional development programme of any accountancy body.We will work with you to ensure flexible, accessible, cost effectivetraining delivery at every level.Brand reputationAs the leading global professional accountancy body we canuniquely support building your business brand through partnershipopportunities. Partnership with ACCA delivers great brandexposure for your organisation as we have a leading platform withunmatched visibility, channels to market and influence at global,regional, national and local levels.Our NETWORKOur people are a unique asset. We have an unparalleled networkof offices and centres worldwide, staffed by professionals whounderstand your needs. Our network is supported by ACCAeducation, technical and policy experts, and by our globalaccountancy and education partners to help further build yourorganisation’s finance capability and brand reputation.We support our 147,000 qualified members and 424,000trainees in 170 countries, helping them to develop successfulcareers in accounting and business, based on the skills requiredby employers.

Global opportunity, global deliveryOur diversity is our strength. ACCA members are equipped with skillsthat make them fit for business – regardless of business sector or countryborders. Membership of ACCA now stands at 154,000 – around 48% ofwhom work in the corporate sector, 13% in financial services, 28% in publicpractice and 11% in government departments and agencies. We have432,000 students worldwide.ACCA and its members play key roles in building the globalaccountancy profession, working with many other bodies atinternational, regional and local level – and are influentialin shaping public policy, as well as demonstrating thoughtleadership in education, training and ethics. We are stronglyrepresented in key accounting organisations and committeessuch as the International Federation of Accountants (IFAC),the Confederation of Asia Pacific Accountants (CAPA), theEuropean Financial Reporting Advisory Group (EFRAG), theEastern, Central and Southern African Federation of Accountants(ECSAFA), the ASEAN Federation of Accountants (AFA), andFédération des Experts Comptables Européens (FEE).ACCA has achieved its position by focusing on global deliveryand global opportunity. Our unrivalled global infrastructure meansthat exams and support are delivered at local level, together withreputation and influence building, directly benefiting stakeholderswherever they are based – or plan to move in pursuit of newcareer opportunities. More importantly ACCA has developedaccording to unique values which set it apart in the accountancyprofession – in particular by championing opportunity, diversityand integrity. ACCA has an unrivalled global reach with 83 officesand 400 exam centres worldwide, providing information andsupport to employers, regulatory authorities, tuition providers,members, affiliates and students. Wherever your organisation isbased, we have people in place to support you – a factor thathas gained in significance as markets globalise and workforcesbecome increasingly mobile.5

Building your finance capabilityOur values are aligned to the needs of employersin all sectors. We ensure through our qualificationsand professional development that we help build thefinance capabilities your business needs.6

Routes to qualificationENTRY LEVEL 1MATHS AND ENGLISH SELF-CHECK MODULES (optional)FOUNDATIONS IN PROFESSIONALISM MODULE 2 exams 2 exams INTRODUCTORYCERTIFICATE INFINANCIAL ANDMANAGEMENTACCOUNTING INTERMEDIATECERTIFICATE INFINANCIAL ANDMANAGEMENTACCOUNTING 3 exams DIPLOMA INACCOUNTINGAND BUSINESS 2 exams 1years’ relevantpracticalexperience* CERTIFIEDACCOUNTINGTECHNICIAN(CAT)Foundations in AccountancyENTRY LEVEL 1No prior qualifications required.ENTRY LEVEL 2Technician level entry or equivalenteg CAT.ENTRY LEVEL 3Graduate entry for accredited degreesfrom recognised institutions. Thesegraduates will also need to completethe Professional Ethics module.*Relevant practical experience can begained before, during or after exams.ENTRY LEVEL 2 PROFESSIONALETHICS MODULE 6 exams ADVANCEDDIPLOMA INACCOUNTINGAND BUSINESSBSc from Oxford Brookes UniversityENTRY LEVEL 3 5 exams 3 years’relevantpractical experience* ACCAMBA from Oxford Brookes UniversityACCA Qualification7

Foundations in AccountancyFoundations in Accountancy enables us to add value througha range of additional technician level qualifications, includinga revised Certified Accounting Technician (CAT) Qualification.Foundations in Accountancy helps you to reach new talentpools so that you can develop competent and ethical accountingtechnicians cost effectively. These qualifications have built-inflexibility to ensure skill development can be tailored to yourspecific business needs. The programme helps you developtalented people who have the potential for career advancement,providing fast track access into the ACCA Qualification.The core knowledge on financial management that accountantsemployed in the corporate sector and the public sector willneed is provided by Foundations in Accountancy. It providesthe overall business understanding and context of the role ofaccountants, outlining key principles and practices.Foundations in Accountancy qualifications are equally relevantto public practice and accounting firms, recognising the keyskills requirements of public practice and accounting firms in thecurrent environment at entry level roles, and providing the basicknowledge on technical accounting that accountants employed inpublic practice will need as part of developing their career.Foundation Certificates in Taxation, FinancialManagement and AuditIt is possible to complete the options exams as individualexams and, where the professionalism and ethics module isalso completed, a certificate will be awarded in that subjectarea. Perfect to validate the knowledge and skills of thoseworking in tax, financial management or audit.8Foundations in AccountancyExamsIntroductory Certificate in Financial andManagement AccountingFA1Recording Financial TransactionsMA1Management InformationIntermediate Certificate in Financialand Management AccountingFA2Maintaining Financial RecordsMA2Managing Costs and FinanceDiploma in Accounting and BusinessFABAccountant in BusinessFMAManagement AccountingFFAFinancial AccountingCertified Accounting TechnicianAll of the above exams plus two of the following specialist exams:FTXFoundations in TaxationFFMFoundations in Financial ManagementFAUFoundations in AuditEthicsFoundations in Professionalism online module to be completedin order to achieve any of the above awards.

To gain the CAT Qualification, students need to complete seven core examsand two specialist exams, one year’s relevant practical experience andFoundations in Professionalism.Certified Accounting TechnicianTECHNICAL COMPETENCESBelow is the full list of Technical Competences (TC). A total of SIX must becompleted.ExamsGROUP 1Technical Competences linked to papers FA1 and MA1FA1Recording Financial TransactionsMA1Management InformationFA2Maintaining Financial RecordsMA2Managing Costs and FinanceFABAccountant in BusinessFMAManagement AccountingFFAFinancial Accountingplus two of the following specialist exams:FTXFoundations in TaxationFFMFoundations in Financial ManagementFAUFoundations in AuditMinimum of ONE to be achieved1234GROUP 2Technical Competences linked to papers FA2 and MA2Minimum of TWO to be achieved12345678ExperienceTC5: Correct errors and process accounting adjustments in theextended trial balanceTC6: Maintain records relating to capital acquisition and disposalTC7: Prepare the final accounts of unincorporated entitiesTC8: Prepare and complete sales tax/vat returnsTC9: Record and analyse information relating to direct costsTC10: Record and analyse information relating to indirect costsTC11: Record and analyse information relating to costs, revenuesand profitTC12: Manage and control cash receipts, payments and balances.GROUP 3Technical Competences linked to the Diploma and specialist Options papersMinimum of THREE to be achievedESSENTIALS COMPETENCESBelow is the list of the Essentials Competences (EC). All FOUR must beachieved.123EC1:EC2:EC3:EC4:45678910Act professionally at workManage selfCommunicate effectivelyUsing information and communications technologyTC1: Verify and record income and receipts from originating documentsTC2: Verify and record purchases and payments from originatingdocumentsTC3: Prepare ledger accounts and an initial trial balanceTC4: Provide basic information on costs and revenues.TC13: Draft financial statements for different business sectorsTC14: Interpret financial statements for different business sectorsTC15: Use management accounting techniques to support planningand decision-makingTC16: Measure and evaluate financial performanceTC17: Plan and control financial performanceTC18: Use and evaluate accounting systems and financial controlsTC19: Implement internal and external audit proceduresTC20: Prepare personal taxation computations and complete tax returnsTC21: Prepare business taxation computations and complete tax returnsTC22: Grant credit and monitor and control the collection of debts.99

The ACCA QualificationOur finance and accounting professionals gain membershipthrough our core product – the ACCA Qualification. It deliversthe accounting and finance knowledge, skills and professionalvalues needed by all organisations – regardless of sector or thecountry from which they operate.you require in your finance team. The ACCA Qualification is setto one global standard but offers the choice of global or nationalfocus for some papers, and the opportunity for specialism in thelater stages.The ACCA Qualification is designed to be the financequalification for employers in all sectors and of all sizes. ACCAaccountants in the corporate and public sectors transform thefinance capabilities of their organisations through their indepth skills in finance strategy, business analysis, investmentappraisal, cost control, financial management, performancemanagement, risk management, and financial reporting. Inpublic practice, ACCA accountants play a critical role in advisingbusinesses through their deep skills and knowledge in corporateand business law, taxation and audit and assurance.The ACCA Qualification provides a framework of leading-edgeexaminations, practical experience requirements and ethicaldevelopment to help you achieve the breadth and depth of skillsThe ACCA Qualification: is internationally recognised; offers flexiblestudy options which can be built round your business needs; hasflexible entry requirements to attract a diverse range of candidates– essential in a world where demand for talent continues to outstripsupply; comprehensively covers the main technical areas anyaccountant would be expected to master.10

ExamsEthicsTrainees should complete 14 papersin total. A maximum of nine papers inthe Fundamentals level are availablefor exemption.Professional ethics is at the heart of theACCA Qualification. It is covered in 11of the 16 exam papers – including allpapers at Professional level – and in threeof the Essentials performance objectives.Underpinning the educational syllabus andthe practical experience is the ProfessionalEthics module. The aim of the ProfessionalEthics module is to give trainees exposureto a range of ethical perspectives. Ideally,this should be completed before, at thesame time or soon after completing PaperP1, Governance Risk and Ethics, butmust be completed before applying formembership.FUNDAMENTALS (nine papers in total)KnowledgeF1 Accountant in BusinessF2Management AccountingF3Financial AccountingSkillsF4Corporate and Business LawF5Performance ManagementF6TaxationF7Financial ReportingF8Audit and AssuranceF9Financial ManagementPROFESSIONAL (five papers in total)Essentials (all three to be completed)P1Governance Risk and EthicsP2Corporate ReportingP3Business AnalysisOptions (two to be completed)P4Advanced Financial ManagementP5Advanced Performance ManagementP6Advanced TaxationP7Advanced Audit and AssuranceExperienceTrainees must complete three-years’relevant practical experience and achieve13 of the performance objectiveslisted below.ESSENTIALS (all nine to be completed)Professionalism, ethics and governance1 Demonstrate the application ofprofessional ethics, values andjudgement2 Contribute to the effective governanceof an organisation3 Raise awareness of non-financial riskBusiness management7 Manage ongoing activities in yourarea of responsibility8 Improve departmental performance9 Manage an assignmentOPTIONS (four to be completed)Financial accounting and reporting10 Prepare financial statements forexternal purposes11 Interpret financial transactions andfinancial statementsPerformance measurement andmanagement accounting12 Prepare financial information formanagement13 Contribute to budget planning andproduction14 Monitor and control budgetsFinance and financial management15 Evaluate potential business/investment opportunities and therequired finance options16 Manage cash using active cashmanagement and treasury systemsAudit and assurance17 Prepare for and collect evidence foraudit18 Evaluate and report on auditTaxation19 Evaluate and compute taxes payable20 Assist with tax planningPersonal effectiveness4 Manage self5 Communicate effectively6 Use information and communicationstechnology11

Building your brand reputationAs the leading global professionalaccountancy body, we can uniquelysupport building your businessbrand because we can offer youopportunities to raise your profilethrough our local, regional andglobal network of offices andpartners.RESEARCH AND PUBLICATIONS d licationsFrom participation in ACCA research forums to featuring in ACCApublications and joint branding of major research, there are manyways for your organisation to get involved with ACCA.Events and networkingACCA regularly works with partners on ACCA conferences, forumsand roundtables giving opportunities for shared hosting, keynotespeakers, collateral contribution and advertising.If you would like more information on ways to work with us, speakto your local ACCA office or email employers@accaglobal.com12

Think differentlyTake advantage of ACCA’s workidentifying future trends for theprofession. We research andcomment on key areas of business,the global economy and humancapital and you can access ourreports, executive summaries andfindings of select round tablegroups on key topics.In response to the challenges presented to the accountancyprofession by this new business environment, ACCA’sAccountancy Futures programme has four areas of focus –access to finance, audit and society, carbon accounting andnarrative reporting. Through research, comment and eventsACCA contributes to the forward agenda of the internationalprofession, business and society at large and shares the latestthinking through our dedicated website www.accaglobal.com/afAccountants for businessAs the global body for professional accountants, we have a keeneye on the role of the finance professional and the state of theglobal economy. And as an awarding and membership body, wechampion the profession’s greatest resource – human capital.We share our research and opinion on what’s affectingindividuals and the profession now, as well as insight intowhat the future could look like. Visit www.accaglobal.com/accountants business to access our latest research.Accountancy FuturesThe economic, political and environmental climate has exposedshortcomings in the way public policy and regulation havedeveloped in areas such as financial regulation, financial reporting,corporate transparency, climate change and assurance provision.13

Interested?Contact us to find out how we can help you to grow your business.Simply visit www.accaglobal.com/employers to find your nearest ACCA officeor email employers@accaglobal.com14

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ACCA MBA from Oxford Brookes University ENTRY LEVEL 1 ENTRY LEVEL 2 ENTRY LEVEL 1 . FAU Foundations in Audit Ethics . flexible entry requirements to attract a diverse range of candidates – essential in a world where demand for talent continues to outstrip