To become an ACCA Member you must:
- Get exemptions* or Pass 14 Papers
- Complete 36 months of relevant work experience in finance or accounting role. This can be done before, during or after studies
*Graduate who have relevant, fully accredited degree from a recognized university can avail exemptions up to 9 papers Normally B.Com graduates will get exemptions up to 4 Papers.
The ACCA syllabus consists of 14 papers divided into four levels:
- Knowledge - 3 papers
- Skills – 6 papers
- Essentials – 3 papers
- Options – 2 papers from 4
Exam Regulations
- All modules must be sat in order
- Maximum of four papers to be taken in one sitting
- Papers within a module may be sat in any order but ACCA recommends that they should be sat in numerical order
- Papers from a variety of levels may be sat at any one time. i.e. Knowledge and Skills or Skills and Essentials
- The three Essentials ACCA papers do not have to be sat together
- Students have 10 years to pass all the examinations. From early 2016 students will have 7 years to pass the exams at Professional level (P1, P2 and P3 and two of the options paper P4-P7). The 7 year time limit starts when a student passes their first Professional level exam.
- The pass mark for all examinations is 50%
- In addition to the above 14 papers, students are required to study and sit an on-line module in Professional ethics. It is recommended that this is studied at the same time as P1
- Practical experience required
