ACCA is an accountancy qualification ideal for those who would like a rewarding career in finance, or wish to become a Chartered Accountant. The qualification is based on international accounting standards, so employers around the world know that an ACCA qualification indicates professional excellence.
Benefits of being an ACCA member
- The most recognized Finance and Accounting Qualification
- Globally respected qualification
- Flexibility that opens doors to various opportunities
- Respected job profile, rewarding career
One can start ACCA membership with the Foundation-level qualifications – referred to collectively as ‘Foundations in Accountancy’. They are the perfect place to start if you are new to accountancy or if you’re already working in finance but have no qualifications.
You can achieve certificates and diplomas along the way before progressing onto the ACCA Qualification. So you’ll have proof of your hard work, plus it’s a great way to keep motivated.
Foundations in Accountancy
The foundation level qualifications comprise certificates and diplomas, as well as a technician
level qualification. Exams and awards include:
- ACCA Diploma in Financial and Management Accounting (RQF Level 2)
- FA1 Recording Financial Transactions
- MA1 Management Information
- ACCA Diploma in Financial and Management Accounting (RQF Level 3)
- FA2 Maintaining Financial Records
- MA2 Managing Costs and Finance
- ACCA Diploma in Accounting and Business (RQF Level 4)
- FAB Accountant in Business
- FMA Management Accounting
- FFA Financial Accounting
Certified Accounting Technician (CAT) Qualification
ACCA also offer a technician-level qualification – the Certified Accounting Technician (CAT) Qualification.
To achieve this award, you will need to complete
- The above foundation-level qualifications
- One year’s relevant practical experience in an accounting role to show you can use your knowledge from the exams in the workplace
- The ‘Foundations in Professionalism’ module
Plus choose any two additional specialist exams:
- FTX Foundations in Taxation
- FFM Foundations in Financial Management
- FAU Foundations in Audit
There are no minimum entry requirements – you can start at any level. However, we strongly recommend you start at the Introductory Certificate if you have no formal qualifications, especially if it has been a while since you completed any studies.
From taking your first exam up to the higher level exams could take less than one year. However, it’s
up to you how quickly you want to progress as there is no time limit.
After you complete the ACCA Diploma in Accounting and Business (RQF Level 4) you can transfer onto the ACCA Qualification.