ACCA qualification

Dear ACCA Students & Members

ACCA (The Association of Chartered Certified Accountants) was set up in London in 1904 to promote excellence in accountancy and finance. 

ACCA is recognised and respected across the world, and currently has 362 000 students and 131 500 members in 170 countries. ACCA is also very popular in Ukraine: there are already 155 members and near 2 000 students.

ACCA qualification

The ACCA qualification programme combines a series of practical, rigorous examinations with a period of supervised professional work experience. The examinations are tough; they need to be if the qualification is to command respect. Students must also be motivated to make the significant investment of time that is required in order to achieve success. ACCA qualification is about taking and passing a series (14) of extremely complex and demanding examinations in the area of finance and surrounding subjects (such as law and tax). Having passed those examinations and having gathered enough of practical experience, a candidate may (but does not have to) apply for a membership in the Association. ACCA exams are held twice per year (June and December) and can be sat all around the world. Some of the exams (at the lowest level) can be also organised as computer based exams (CBE), CBE exams can be sat only at special authorized centres (for example at BEA in Ukraine) during the whole year.

 

Immediate benefits from studying and obtaining the ACCA Qualification include:

Increased professional status	people who are qualified or part-qualified by nature know more and understand more from the business than most of their colleagues. It makes them more wanted and likely to be promoted or assigned to more challenging projects.
Differentiating factor	ACCA is and will always remain an indication of a super standard quality of a person as a finance specialist. Such people are automatically selected from job applicants, project applicants etc.
Enhanced knowledge	through a preparation for the courses candidates extend their knowledge in an unprecedented way. They learn financial accounting from basics to a great level of complexity, they get to know the management accounting techniques, tax rules, legal background, organization and IT management techniques, strategy development process which become combined and contribute to the overall understanding of how an organization works.
Cross functional flexibility	due to the breadth of subjects in the ACCA qualifications, candidates are no longer doomed to stay in the finance department. Their employers are confident that they can perform a lot of other work in related areas such as: tax, IT, strategic planning, general management.
More money	because you know more and you can do more, you may expect you will be remunerated more.

 

How to start ACCA programme

The registration goes on all throughout the year, but please note that there are 2 initial registration deadlines per year: in order for you to sit exams in the December session, all your documents must reach the ACCA UK office by 15th of August (or the ACCA local office by 30th of July) and in order to sit exams in the June session all your documents must reach the ACCA UK office by 31st of December (or the ACCA local office by 10th of December). Please contact BEA if you would like to obtain the registration form or if you need any help filling it in. How do I register with ACCA? Complete the registration form and enclose the appropriate supporting documentation. Documents for registration: 1. Online filled-in form (www.accaglobal.com/join/register) 2. Copy of one document proving your identity (ID card OR passport OR birth certificate) if this document has titles in English as well, if not – simple copy plus translated copy (with licensed translator’s stamp) 3. Copy of marriage license – if applicable (only if surname on ID document differs from surname on your diplomas) 4. 2 passport size photos 5. Copy of the university diploma (for university graduates – for exemption purposes) plus translated copy (with licensed translator’s stamp) 6. copy of list of studied subjects (from the university) plus translated copy (with licensed translator’s stamp) 7. copies of other diplomas that you consider would entitle you to further exemptions (like membership of Professional bodies) – optional Important notes: - All documents mentioned above that are not in English or do not have English titles must be translated by a licensed translator (ordinary service practiced by translation agency) - It is enough to have only a simple copy of those documents that already have their section titles in English (for instance passport or diplomas that are (also) in English) - In the registration package you will also put simple copies of the originals - You must write on all your documents (each sheet) the application number which is the unique form number that you will have on each printed form (or that would be generated at the end of your online registration process) The completed form and documents (translated into English and notirised) must be sent to ACCA Ukraine office: ACCA Ukraine 9/2 Chervonoarmiyska street Entrance #7, office 77 Kyiv 01004 Ukraine tel. +38 (044) 498 34 50 Or directly to ACCA in UK: ACCA 2 Central Quay, 89 Hydepark Street Glasgow, G3 8BW United Kingdom tel: +44 (0)141 582 2000 e-mail: info@accaglobal.com Please ensure that you submit copies of your completion certificates, academic transcripts (and official English translations) with your letter of enquiry.  What do I do next? Once your application has been processed successfully (it takes up to six weeks), you will receive your Student Information Pack, which contains all you need to know as a student of ACCA, including: - Registration Card; - Detailed syllabus; - Information regarding the ACCA/Oxford Brooks scheme (www.accaglobal.com/students/study_exams/qualifications/degree); - The program of the exams as well as information regarding the exams’ organization; - Access to trainee development matrix which details the minimum requirements of practical experience in relation with the possibility of becoming an ACCA member; - The password for an online personal account (myACCA) by means of which you will be able to manage your ACCA activity. You will also receive monthly copies of the ACCA students’ magazine student accountant containing important information about forthcoming examinations, technical articles on the syllabus, news, reviews and other useful information. Will I get exemptions? On your initial registration form you have an exemptions section, exemptions that you can require based on your previous studies. This fact means that ACCA recognizes that you already might have relevant knowledge from previous qualifications and you can be exempt from sitting some of ACCA’s exams based on your academic records. You can check your exemption eligibility for ACCA Qualification following this link:www.portal.accaglobal.com. The exemptions must be paid just like normal exams only you don’t have to sit the exam, buy the books or take the courses for that subject. How do I enter for the exams?  You will know the exemptions you were granted once you receive the Student Information Pack and then you will be able to register for the ACCA exams – for the December session the deadline is the 15th of October (date by which the ACCA must receive your option) and for the June session the deadline is the 15th of April. You can register online to the exams through your personal ACCA account, myACCA, or you can register by filling in some forms (received by post from ACCA UK) that you will have to send back to the ACCA local office or to the UK directly. What are the ACCA fees?  You can follow the schedule of payments in the following table: Registration fee £66 once Annual Subscription £66 annually (paid on January 1st) Examinations fees payable before each exam: Knowledge module exam £53 per exam (x3) Skills module exam £66 per exam (x6) Professional module exam £78 per exam (x5) * The sums are presented in GB pounds. You can see the fees for 2009 year. In order to update the information about the fees for the following years, please follow the link:http://www.accaglobal.com/students/acca/info/fees ** All sums are presented excluding VAT. All taxes are payable directly in Great Britain and only in GBP. How do I start to study with BEA? When you are registered with ACCA and after you decide which exams you have to sit the nearest session, please contact BEA to enrol on our courses. Tick here to fill COURSE REGISTRATION FORM. More detailed information about registration, exemptions and ACCA exams, can be found at: www.accaglobal.com.

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