When you are all set to start a new career as an accountant, here are some points that you should consider seriously. In other words a person has to fulfil the given requirements to become eligible for ACCA studies:
- Some general rules about ACCA qualifications:
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If you want to obtain the membership of ACCA, you need to pass the 9 examinations at the fundamental level and then at the professional level, you must pass three exams at essential module and two exams at optional module.
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The order or sequence of the examination taken is usually-
- 1. Knowledge
- 2. Skills
- 3. Essentials
- 4. Options
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A student can entertain the flexibility in the order of the exams within a same module, but he cannot change the order or sequence of the modules.
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To be treated as a passover candidate, one needs to obtain at least 50% in each exam.
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A student is given the time of 10 years to complete the entire examination process, but the usual time taken by an average student to complete it is 3-4 years.
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The candidates with the graduation degree are exempted from at least three starting exams and for further exemption they have to directly contact with the association.
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The three knowledge module examinations are 2 hours long papers and contains multiple choice questions.
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In skill module examinations and the professional level examination, the time limit is 3 hours and there are full length answerable question as there are no MCQ based questions.
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The language of examination is English and the UK taxation law is applied so the candidates have to answer the questions in resemblance of the UK tax laws.
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After completion of the examination process, a student has to complete the practical experiential session.