ACCA

The ACCA exams are divided into two levels:
 Fundamentals and Professional.
The Fundamentals level is divided into two modules:
 Knowledge and Skills.

FUNDAMENTALS (NINE PAPERS IN TOTAL)

Knowledge
F1Accountant in Business
F2Management Accounting
F3Financial Accounting
Skills
F4Corporate and Business Law
F5Performance Management
F6Taxation
F7Financial Reporting
F8Audit and Assurance
F9Financial Management

PROFESSIONAL (FIVE PAPERS IN TOTAL)

Essentials
P1Governance, Risk and Ethics
P2Corporate Reporting
P3Business Analysis
Options (two to be attempted)  
P4Advanced Financial Management
P5Advanced Performance Management
P6Advanced Taxation
P7Advanced Audit and Assurance

PRACTICAL EXPERIENCE REQUIREMENT

A key part of the ACCA Qualification is getting relevant practical experience in the workplace. ACCA exams will give you the theory behind your knowledge of accountancy, but you also need to have the practical experience to support it. This experience, alongside your exams and ethical awareness, will mean you are fully prepared for a challenging career as a professional accountant.
The ACCA Qualification closely links practical experience to your studies. This means you can apply the knowledge you gain from the exams to your workplace. This also will show future employers that you have the right mix of knowledge and skills.
You should think about the practical experience you need to gain for the ACCA Qualification when looking for a job and choosing your employer.
You need to do three years' relevant work experience and achieve 13 of the performance objectives listed below. You will need to do all nine listed as 'Essentials' and four of those listed as 'Options'.
Performance objectives are part of the requirements you must meet for your practical experience. They set out a clear guide for the activities you should do and what you should achieve in the workplace. They outline the standards and expected result of your work. They also show the attitudes you are expected to have as a trainee accountant. 





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