UPCOMING CHANGES TO ACCA EXAMS 2017 - 2018

Change to ACCA Professional Ethics Module- October 217


The current Professional Ethics Module will be withdrawn on 30 October 2017 and the new module goes live on 31 October 2017.

Key Features:

a. Six Units
b. 20 hours duration
c. Certificate is awarded on completion
d. Time flexibility- Can start when you start studying skills exam
e. Must complete before starting Strategic Professional exams
f. Need to pay- £60

Last paper based exam for F5 to F9- December 2017

Last paper based exam for skills level paper will be on December 2017. CBEs for ACCA exams F5 to F9, lunched in 2016 will completely replace paper based exams from December 2017. PBEs are being phased out from 2017. 

First CBE-Only examination- March 2018

From March 2018, only CBEs for F5 to F9 are being available worldwide.

Last sitting of existing Professional Level Exams- June 2018

Last chance to pass the existing P-Level ACCA examinations before the new Strategic Professional.

First sitting of the new Strategic Professional Examinations- September 2018

First session of the new strategic Professional exams. 





Strategic Business Leader

The new innovative case study uses real-world scenarios to set challenges that require students to blend technical, ethical and professional skills in the evaluation and presentation of their responses. With the introduction of Strategic Business Leader, the current P1 (Governance, Risk and Ethics) and P3 (Business Analysis) will be withdrawn.

 

What after ACCA?

What should I study after ACCA?

CFA

Another qualification that you could go after ACCA is CFA (Chartered Financial Analyst) if you want to work in Financial Sector.

It is only really worthwhile going for another qualification if it is specific to your particular field of work.

Why CFA?

1. The CFA Program covers concepts and skills you will use at all stages of your career.
2. The self-paced, online format makes it easier for you to continue working while you complete the program.
3. Completing the CFA Program shows employers and clients you have mastered a broad range of practical portfolio management and advanced investment analysis skills.
4. The three-year program requires you to study for and pass three levels of exams. If you pass the exams and meet other requirements (practical experience of 4 years), you earn a CFA® charter.

MSc in Professional Accountancy

ACCA (the Association of Chartered Certified Accountants) and UoL (The University of London) International Programs are offering a ground-breaking Masters' program to ACCA students, affiliates and members around the world. This is the MSc in Professional Accountancy.

MSc in Professional Accountancy (MPA) marks the first time for an accountancy body to have collaborated with a university for an integrated qualification, to enable students across the globe to gain a Masters' degree and a Professional Accountancy qualification at the same time. The combination of ACCA's unparalleled global network of students and members, alongside the University of London's unrivaled network of accredited teaching institutions has presented a powerful partnership. ACCA candidates can now directly have a complete suite of professional and academic qualifications.

Why MPA?

1. The association with two world-leading organizations, ACCA and the University of London, which is hugely influential to employers.
2. A combined academic and professional perspective will give candidates the leading edge in competitive marketplace.
3. Excellent value for money, as the monetary investment made towards your ACCA qualification will count towards your MSc degree.
4. The elasticity to fit studies around work.

ACCA F2 Key to Pass

ACCA F2

Paper F2 Management Accounting is disturbed with administration the business so as to achieve better performance. It includes topics like how to calculate the cost of producing items in a manufacturing company, the preparation of budgets and the computation of variances.

The exam consists of two sections:

• Section A will contain 35 two mark objective questions.

• Section B will contain 3 ten mark multi-task questions - one will be on Budgeting, one from Standard costing, and one from Performance measurement.

F2 exam

Although most of the mathematics involved is not complicated in itself, there is a lot of time pressure – it is not easy to complete all of the questions in two hours. Additionally, there often small ‘tricks’ in the wording of the questions which (especially under time pressure) lead to it being easy to choose the wrong answer even if you are happy with the particular topic.

Although all the questions in Section A carry equal marks, they are not all of equal complexity. You will find some of the questions very quick and easy, whereas others will take much longer.

Although the majority of questions involve arithmetic, there will be some questions asking you to choose between quite a few written statements.

Candidates are advised to: 

• Revise the whole syllabus, because the paper will cover the full syllabus. 

• Practice as many multiple choice questions as possible. 

• Read questions very carefully in the examination 

• Ensure that their calculations are complete before selecting their answer to multiple choice questions 

• Try to attempt the “easy” examination questions first. 

• Not to spend too much time on apparently “difficult” questions. 

• Attempt all questions in the examination (there are no negative marks for incorrect answers). 

• Ensure that all parts of the question are answered for section B

• Read All Examiner’s Reports - Link

ACCA STUDY MATERIALS

EVERY THING YOU NEED TO PASS ACCA EXAMINATION:

Study support from ACCA

1. EXAM SUPPORT RESOURCES - Link
2. SELF STUDY GUIDES - Link
3. PRACTICE TESTS - Link
4. RETAKE GUIDES - Link
5. OTHER RESOURCES AND SUPPORT - Link
6. STUDENT ACCOUNTANT - Link
7. ACCA LEARNING COMMUNITY - Link
8. ACCA FACEBOOK - Link
9. APPROVED CONTENT PROVIDERS - Link

Approved Content Provider

ACCA's Approved Content Providers are:

1. Becker Professional Education
2. BPP Learning Media
3. Kaplan Publishing

ACCA-X ONLINE COURSES - Link

ABOUT ACCA

Recognized in 1904 with the objective of causative to the global economy by producing skilled accountants, ACCA is one of the world’s largest and fastest growing professional accountancy bodies. This is evidenced by the truth that ACCA operates in 180 countries throughout the globe, has 91 offices and centers globally, 400 examination centers, 188,000 members, 480,000 students, 230 Approved Learning Partners and the fact that every eight minutes someone, somewhere in the world registers with ACCA.  In a nutshell, ACCA is the global professional accountancy body with an unrivaled network.

The USPs of ACCA that sets it apart from its competitors includes:

• Flexibility: There is no group system in ACCA unlike some other bodies present in the world, though there was one previously, meaning subjects need not be passed in groups. The maximum number of papers that can be sat for in a sitting is restricted to four; the minimum depends upon one’s own expediency and workload. The mixture of the papers can be decided upon, there is no hard and fast requirement that the papers need to be completed in a particular sequence.

• Global Mobility: An ACCA student is a global student. Study can be further and completed in countries ranging from Australia to Zimbabwe i.e. A to Z. Exams can be sat for in any of the 400 examination centers throughout the world. 

• International Recognition: As has already been frazzled ACCA is a global qualification with its members working for and adding value to employers in many different parts of the world. Should opportunities come around and the employer value your skills/competence, you can enthusiastically work for them no matter in what part of the globe they are based.

Besides these other pertinent features of ACCA include the following:

• Innovation 

• Online career portal

• 24/7 administrative support 

• B.Sc (Hons) Degree as well as an MBA in course of gaining the ACCA qualification. 

• MSc in Professional Accountancy and the Certified Internal Auditor (CIA) qualifications.

• Supports the continuing professional development 

• ACCA’s website has unrivaled wealth of resources readily accessible to its member, students, learning providers and other stakeholders.

• Application based qualification