Founded in 1904, the Association of Chartered Certified Accountants (ACCA) is the global professional accounting body offering the Chartered Certified Accountant qualification (ACCA or FCCA).
From June 2016, ACCA recorded that it has 188,000 members and 480,000 students in 178 countries. ACCA got recognition in over 150 countries in the world and is the most sought after international chartered accountancy qualification. ACCA's headquarters are in London with principal administrative office in Glasgow. ACCA works through a network of 100 offices and centers and more than 7,100 Approved Employers worldwide, who provide employee development. The term 'Chartered' in ACCA qualification refers to the Royal Charter granted in 1974.
SYLLABUS AND STRUCTURE
Chartered Certified Accountant is the professional body's main qualification. Following completion of up to 14 professional examinations, three years of supervised, relevant accountancy experience and a professional ethics module, it enables an individual to become a Chartered Certified Accountant. The ACCA professional examinations are offered worldwide four times yearly, in March, June, September and December as paper-based exams. Paper based exams are being conducted in India across different centers. In Kerala, the center is at Cochin.
Computer-based exams are also offered for the first four exams (F1, F2, and F3 & F4) which are available to take at ACCA licensed exam centers throughout the year. IAM BUSINESS SCHOOL has a recognized computer based center. A Bachelor of Science (Honors) degree in Applied Accounting (after completing the Fundamentals level of the exams, the professional ethics module and submitting a Research and Analysis project), is offered in association with Oxford Brookes University.
The syllabus comprises 14 examinations, although some exemptions are available. The qualification is structured in two parts. The Fundamentals level consists of 9 examinations: F1 Accountant in Business, F2 Management Accounting, F3 Financial Accounting, F4 Corporate and Business Law, F5 Performance Management, F6 Taxation, F7 Financial Reporting, F8 Audit and Assurance, and F9 Financial Management. The Professional level involves 5 examinations. Within the Professional level three papers are compulsory: P1 Governance, Risk and Ethics; P2 Corporate Reporting; and P3 Business Analysis. Two of the following four options papers must also be completed: P4 Advanced Financial Management, P5 Advanced Performance Management, P6 Advanced Taxation and P7 Advanced Audit and Assurance.
IAM BUSINESS SCHOOL has been providing ACCA training for the past 7 years creating ranks and exceptional pass rates. We have been beating the world pass rates for many consecutive years. With the help of ACCA qualified and experienced lecturers, IAM strive to provide world class learning facilities. The result can be seen in the academic records of our students and in their current career position.
