Question: What are the entry requirements for ACCA ?
The minimum entry requirements for the ACCA Qualification are:
Two GCE Advanced Level Passes (Grades A-C)
Three GCE Ordinary Level Passes (Grades A-C) English Language may appear as Medium Language.
Question: ACCA Tuition Fee for Sri Lankan Students ?
Applied Knowledge Level – 49,900 with Free ACCA UK Registration.
Applied Skills level –
Normal Fee per subject LKR 25,000, Discounted Price LKR 16,900 Per Subject
Professional level –
Normal Fee per subject 30,000 – Discounted Price – LKR 18,900 Per Subject
Discount Valid for the Oct 2021 Intake.
Question: How long does ACCA take to complete ?
ACCA comprises of 13 distinct exams and conducts 4 exam sessions in a year. Candidates can attempt a total of 8 exams in a year – so they can ideally complete the exams in around 2 years.
But candidates also need to complete 36 months of relevant work experience in an accounts or finance role, to become an ACCA member. This experience can be gained simultaneously while attempting the exams, so at a minimum, it will take a candidate 3 years to complete the qualification.
Question: What is the exam structure of ACCA
ACCA – Applied Knowledge level
The Applied Knowledge exams provides students with a broad introduction to the world of finance and develop your essential understanding and techniques in accounting. These exams are:
• Business and Technology (BT)
• Management Accounting (MA)
• Financial Accounting (FA)
ACCA – Applied Skills Level
The Applied Skills exams build on existing knowledge and understanding and develop strong, broad and practical finance skills required of future strategic professional accountant in any sector or industry. These exams are:
• Corporate and Business Law (LW)
• Performance Management (PM)
• Taxation (TX)
• Financial Reporting (FR)
• Audit and Assurance (AA)
• Financial Management (FM)
ACCA – Strategic Professional
The Strategic Professional exams prepare students for future leadership positions. They develop the strategic vision using your unique blend of technical, ethical and professional skills. And you can specialise in areas that best suit your career ambitions. Students must complete both Essentials exams and choose two of the Options. These exams are:
• Strategic Business Leader (SBL)
• Strategic Business Reporting (SBR)
• Advanced Financial Management (AFM)
• Advanced Performance Management (APM)
• Advanced Taxation (ATX)
• Advanced Audit and Assurance (AAA)
Question: What types of Qualification does ACCA award exemptions to ?
Our process of awarding exemptions is very rigorous as we need to ensure we are confident that the prior learning matches the skills and knowledge needed for the ACCA Qualification. This is a continuous process as we make regular updates to our qualification, both in terms of annual syllabus updates and skills tested.
We award exemption to qualifications offered by educational institutions worldwide. Some examples are:
o Certificates and diplomas (awarded by recognized institutions)
o Foundation degrees
o Bachelor degrees
o Postgraduate qualifications
o Professional qualifications.
Question: What happens if I miss a live session with the tutor ?
The live session will be recorded and the recordings will be available for you to view within 48 hours of the session ending. You will be provided with the relevant tutor e-mail id to share your queries.