ACCA help!!

Arno

Completely new to the forum so any help is much appreciated.
I passed the AAT back in 1994 and have worked as a Finance Manager ever since. However I'm now wanting to move employment and finding that most posts want ACCA or CIMA. Does anyone know what exams I would have to take to complete ACCA & where do I go from here? Can it be done at night school for example? Please forgive my naivety but it all seems so long ago since I did anything like this.

MindTheGAAP

There are currently 14 ACCA exams you need to complete in order to be ACCA qualified:

Fundamental papers:
F1 - Accountant in Business (exempt from with AAT)
F2 - Management Accounting (exempt from with AAT)
F3 - Financial Accounting (exempt from with AAT)
F4 - Corporate and Business Law
F5 - Performance Management
F6 - Taxation
F7 - Financial Reporting
F8 - Audit and Assurance
F9 - Financial Management

Professional papers:
P1 - Governance, Risk and Ethics
P2 - Corporate Reporting
P3 - Business Analysis
Choice of two papers from the four below:
P4 - Advanced Financial Management
P5 - Advanced Performance Management
P6 - Advanced Taxation
P7 - Advanced Audit and Assurance

Professional education companies such as BPP, Kaplan, Home Learning College and First Intuition provide a variety of courses. The most expensive option would a full tuition course for each of the exams where you would attend classes at one of their centres and they would teach you the content of the exams. At the other end of the scale is distance learning (largely self-study at home) with the study materials they provide .

Let me know if you have any other questions, I am currently studying ACCA myself.

Arno

Thanks for the reply, thats really helpful. Do you know what the time constraints?

MindTheGAAP

There are no time constraints on completing the Fundamental papers, you can take as long as you wish. Once you have passed your first Professional paper, you then have seven years to complete the qualification before they take you off the register.

Thomas

Thanks for the explanation @MindTheGAAP I tried to finish this ACCA exam in 4 years.Hope so ..

MichaelNorton

In the past few months the new apprenticeship standard is out (brand new) and that will pay for the training and grant entry into an institute - sorry to the first poster but I think the approach you are doing is going to cost you 21000 which would now be paid by the government if you are employed on an apprenticeship contract

Is there some reason why you all seem to want to do ACCA rather than ACA because ACA is the superior institute?