ACCA (Association of Chartered Certified Accountant)

Key Facts:

Location: 244-254 Cambridge Health Road, London E2 9DA
Full-time/Part-time: Full-time
Duration: 3 Years
Start Date: 2011
Day/Evening: Days
Awarding Body: ACCA (Association of Chartered Certified Accountant)

Why do i need to Study ACCA:

ACCA (the Association of Chartered Certified Accountants) is one of the largest and fastest-growing global professional accountancy body with over 140,000 members and 404,000 students in 170 countries worldwide. With ACCA qualification there will be a strong focus on professional values, ethics and governance.

Course Aim and Structure:

The overall aim of the syllabus is to provide the core accounting knowledge, skills, and appropriate professional values in order for affiliates to work in any employment sector The exams are divided into two levels – Fundamentals and Professional.

The Fundamentals level is divided into two modules – Knowledge and Skills. The Knowledge module introduces students to the core areas of financial and management accounting. This provides the platform from which the other technical accountancy areas will be studied in greater detail in the Skills module. The Skills module contains six subjects which comprehensively cover the main technical areas that any accountant – regardless of their future career aspirations – are expected to have mastered. These comprise law, performance management, taxation, financial reporting, auditing, and financial management.

The Professional level is divided into two modules – Essentials and Options. Both modules have been set at an intellectual level equivalent to that expected of a student taking a Masters degree. The focus of the syllabus at this level is to build upon the technical skills already acquired, and explore more advanced professional skills, techniques, and values that are required and used by the expert accountant acting in an advisory or consultancy role at a senior level. All students must complete the three papers in the Essentials module. The Options module contains four papers. These are directly underpinned and supported by their equivalent within the Skills module in the Fundamentals level. These exams assess the more advanced and sophisticated techniques that a professional needs in order to specialise in specific areas at work, or to follow as a career pathway in an advisory or consultancy role. Students select two out of four Option papers and are advised to choose the options that relate to their chosen or anticipated field of work.

FUNDAMENTALS (9 Papers)

Knowledge :
F1 Accountant in Business (AB)
F2 Management Accounting (MA)
F3 Financial Accounting (FA)

Skills :
F4 Corporate and Business Law (CL)
F5 Performance Management (PM)
F6 Taxation (TX)
F7 Financial Reporting (FR)
F8 Audit and Assurance (AA)
F9 Financial Management (FM)

PROFESSIONAL (5 Papers)

Essentials :
P1 Professional Accountant (PA)
P2 Corporate Reporting (CR)
P3 Business Analysis (BA)

Options (Any 2)
P4 Advanced Financial Management (AFM)
P5 Advanced Performance Management (APM)
P6 Advanced Taxation (ATX)
P7 Advanced Audit and Assurance (AAA)

Entry Requirements:

Minimum Entry requirements to register for Part 1 of the ACCA qualification are two A Levels plus 3 GCSEs in five separate subjects including English and Math’s or the equivalent. Any Student who has higher qualifications may attract exemptions from some of the ACCA examinations.

How To Apply:

Applications can be downloaded from Holbrook College website www.hclondon.org.uk.Alternatively, please visit the college premise for an application pack.