From Intermediate to CIMA/ACCA?

one-eyed-womble
one-eyed-womble Registered Posts: 31 Regular contributor ⭐
in AAT Level 3 (Level 6 in Scotland)
Someone told me today that it is possible to start your CIMA/ACCA straight after doing the intermediate/advanced certificate, but starting at the bottom stages of CIMA/ACCA - an alternative to finishing the AAT qualification, and acquiring the exemptions.

I hadn't thought of doing it this way, but I understand that this could be a quicker route to achieving CIMA/ACCA, although quite a bit more expensive. I'd be interested to know if anyone has researched this option and what they found out.

Comments

  • Esme
    Esme Registered Posts: 711 Epic contributor 🐘
    I'm not sure about CIMA but if you go onto ACCA website and check for exemptions it looks like you can join with AAT level 2 and 3 but with no exemptions.
  • jorja1986
    jorja1986 Registered Posts: 210 Dedicated contributor 🦉
    IT is worth checking out the individual websites as I have found the student advisors of several of the big bodies to be very helpful and willing to answer any question that i have.

    It is my understanding that you are only exempt from particular units if you pass all units in Technician - if you do not you have to complete all papers in the certificate level as opposed to usually half, CIMA i believe is all cert level. (Please do not quote as I am in the process of completing tech level and this is the only method i have researched).
  • KVeevers
    KVeevers Registered Posts: 67 Regular contributor ⭐
    Hi

    So much do I know?
    before attending the ACCA you need to be cat qualified and if you are stopping AAT at level 3 you are exempt I think from 4 papers if you carry on studying the AAT till the end you will be exempt from all papers in cat and start straight the ACCA.

    hope this helps
  • Bluewednesday
    Bluewednesday Registered Posts: 1,624 Beyond epic contributor 🧙‍♂️
    You can start ACCA from intermediate with no exemptions.

    Or you can finish technician, have a recognised qualification and get exemptions for F1, 2 and 3.

    If you want my advice I would finish technician, AAT students were much better prepared for the later ACCA papers because of their AAT than degree students were. If you can take the tax papers as your options you will have covered 2/3 of the F6 syllabus and be well ahead! You will also have a qualification to your name should you not complete ACCA for any reason.
  • one-eyed-womble
    one-eyed-womble Registered Posts: 31 Regular contributor ⭐
    Bluewednesday wrote: »
    You can start ACCA from intermediate with no exemptions.

    Or you can finish technician, have a recognised qualification and get exemptions for F1, 2 and 3.

    If you want my advice I would finish technician, AAT students were much better prepared for the later ACCA papers because of their AAT than degree students were. If you can take the tax papers as your options you will have covered 2/3 of the F6 syllabus and be well ahead! You will also have a qualification to your name should you not complete ACCA for any reason.

    I did look at the past papers for the F1, F2 and F3 and was delighted to find that the three exams consisted of 50 multiple choice questions, some of which I could already answer as we've covered some subject matter in Intermediate. I've been told that papers could be probably be completed in six months, less time than doing the final year of the AAT.

    But your advice has made me think, especially the part about finishing the AAT making some of the later modules of ACCA easier. I also like the idea of having an accounting qualification under my belt, as who knows what life holds in the future!

    Thanks for the advice and input from people. Time to get back to panicking about my ECR exam now!

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