What is ACCA?-A brief Introduction about ACCA Exam - Edoxi ...

The ACCA syllabus includes 14 exams. · The ACCA Exam Pattern has two parts: Computer-based and Paper-based, including multiple-choice questions (MCQs) and ... Home StudyHub WhatisACCA?-AbriefIntroductionaboutACCAExam MohamedShafi WhatisACCA?-AbriefIntroductionaboutACCAExam BystudyingACCA,youcanpromoteyourcareerdevelopmentinallaspects.Openthedoortothemostexcitingandbestrolesintheworld.Youcanbecomeafinancialexperttorespondtotherapidlychangingneedsoftheworld.Itisarewardingandintensejourney,andwewillsupportyouateverystageofyourcareer.ThereareseveralreasonswhyyoushouldchooseACCA.Hereinthisblog,youwillreadabouttheACCAexamandsyllabus.  WhatisACCA? ACCAstandsforAssociationofCharteredCertifiedAccountantsandisaleadinginternationalaccountinginstitution.ACCAqualificationsarealsorecognizedinothercountriesandareconsideredequivalenttothosequalifications. ACCAcertificationshowsyouremployerthatyouarecompetentinallaspectsofyourbusiness.Itisthelargestandfastest-growingqualificationglobally,withover500,000membersandstudentsin170countriesandterritories.RecognizedbytheEuropeanUnionandtheUnitedNations,thiscertificatewillhelpyoutravelandworkworldwide. Tojointhem,youneedtotakeaseriesofwrittenteststoshowadeepunderstandingoftheaccountingindustry.The14paperscovervarioustopics,frombusinessethicsandlawtotechnicaltopicssuchasauditingandfinancialreporting.Theyaredividedintofourmainareas:knowledge,Essentials,skills,andchoices. YoucanalsouseACCAcertificatestostudyothersubjects.ManyinstitutionsthatprovideACCAcanbecombinedwithabachelor'sormaster'sdegreeinasimilardisciplinetoobtainadualqualificationattheendofthestudy.Asyouknow,theexamsarecomplicated,butittakestenyearstopassalltheexams.Mostpeoplecanpasswithinthreeyears.Withtherightmentorandfocus,youcandoitfaster.SolotsofreasonstochooseACCAcertificationforyourcareerdevelopment. Onceyouarequalified,youcanalsoaccessthenetworkofotheraccountingprofessionals.Theseprofessionalsprovidesupportandadviceinyourstudyandcareer,aswellasforumsandresourcestohelpyougrow.ACCAcertificatecanbeanessentialassettoyourCV,openingthedoortoaflourishingaccountingcareer. WhyisACCAImportant? TheAssociationofCharteredCertifiedAccountants(ACCA)isasignificantaccountingorganization.TobecomeanACCAmember,youneedtopassmultipleexams.TheACCAqualificationisgloballyrecognized,andmanycountriesconsideritequivalenttolocalaccountingstudies. ACCAcertificationcoversallaspectsofbusinessmanagement.Inaddition,itcoverstheoreticalaspectssuchasmotivationaltheoryandmoretechnicalaspectssuchasbookkeepingandcostaccounting.TheACCAqualificationisaprestigiousqualification.Therearemanyreasonsforchoosingit. HerearesomeofthemostimportantreasonstostudyACCA. Comprehensiveness Youcanstartyourownbusiness Easytomanage Continuedprofessionaldevelopment Competencemeasurement Cost-effectiveness Comprehensiveness ACCAqualificationisaverycomprehensivequalification.Youcanacquirethetechnicalandmanagementskillsrequiredbyacertifiedcharteredaccountant.Theareascoveredbythesyllabusincludetaxation,businessstudies,auditing,law,professionalandethicalissues,financialmanagement,managementaccountingandfinancialreporting.Thisqualificationisdesignedtoprovidestudentswithawiderangeofskillsandabilities.ACCAcertificationaimstoensurethatmembershavealltheskillsandabilitiesrequiredtoworkindifferentorganizationsinvariousroles. Youcanstartyourownbusiness ACCAintroducesbusinessandfinancialmanagementissues.Theknowledgeandinsightsgainedfromthecoursewillhelpyoulaythefoundationfordoingbusiness.Anyonewhowantstobeanentrepreneurcansettherightcoursethatsuitstheirambitions.ACCAmembershavebeguntoengageinauditing,tax,andotheroperations. Easytomanage StudyingACCAdoesnotrequireanyspecialacademicagreementasitcanbetakendirectlythroughtheinternet.Therefore,youcanchoosethelearningmodelthatsuitsyourspecificneedsbasedonyourpreferences. Inaddition,theexamstructureisveryflexible,andyoucantaketheexamaccordingtoyourneeds.OnceapprovedbyACCA,youwillberegisteredfortenyears.Therefore,youhaveenoughtimetocompletethecertification.Furthermore,itiseasytoenrolinACCATrainingCoursebecauseyoucanfindmanyacademiesaroundyou. Continuedprofessionaldevelopment ACCAmembersshouldcontinuetheirprofessionaldevelopmentthroughouttheirlives.ItensuresthattheknowledgeandskillsofACCAmemberswillnotbecomeobsolete.Theyneedtocontinuetolearntomaintainthelatestknowledgeandskills.ThatallowsACCAmemberstoworkinavolatileandrapidlychangingenvironment.Thereisawiderangeofcareeroptionsyoucanchoosefrom. Competencemeasurement ACCAcombinestheadvantagesoftraditionalaccountingskillswithabroadandforward-lookingcurriculum.Thecourserecognizesthatfinancialprofessionalsincreasinglyneedtodemonstratestrategicthinking,personalskills,goodcommunicationskills,andfluencyininformationtechnology. TheACCAmembersarerequiredtomaintaintheirprofessionaldevelopmentthroughouttheirlife.ItensuresthattheknowledgeandskillsoftheACCAmembersdonotbecomeoutdated.Theyarerequiredtokeeplearningtokeeptheirskillsandknowledgeuptodate.ItensuresthattheACCAmemberscanworkinhighlyvolatileandrapidlychangingenvironments. Cost-effectiveness ACCAcertificationisaveryaffordablewaytogainknowledgeandprofessionalism.Membersacquirenotonlyaccountingandfinancialskillsbutalsovaluableorganizationalandstrategicmanagementskills.Thiscombinationofmanagementskillsenhancesamember'scareerprospects.  ACCAExamSyllabus TheACCAsyllabusincludes14exams.ThebasiclevelincludesnineexamsfromF1toF9.Fromaprofessionalperspective,youmustpassfiveexamstobecertified.ItincludestherequiredpapersP1,P2,andP3,andthentwoofthefouroptionalP4,P5,P6,andP7.Therearefourpaperexamseveryyear,andsomepaperscanalsoprovidecomputer-basedexamsonrequest.Dependingonyourpreviousqualifications,youmayalsobeexemptedfromspecificpapers. ACCAExamPatternandStructure TheACCAExamPatternhastwoparts:Computer-basedandPaper-based,includingmultiple-choicequestions(MCQs)andScenario-basedquestions.TheACCAexampatternandStructureisasbelow: ACCAExamStructureandPattern ExamPatternforComputer-basedPapers ExamPatternforComputer-basedPapers(ACCAPapersfromF1-F9areallcomputer-basedexams) PapersF1,F2,F3andF4involvequestions 100%MCQs—(2×50questions) Youcangivethosebybookingyourexamsatanyofthecenters PapersfromF5toF9contains 60%MCQs,isdividedintotwosections: SectionA:2×15questions SectionB:Eachofthe3scenarioquestionshas15numbers.Eachscenariohas5MCQsunderit. 40longanswerquestions:Ascenariowillbegiven,and3to4questionswillbeaskedonthisbasis. ExamPatternforPaper-basedExam ExamPatternforPaper-based(P1-P6arepaper-basedexams) TheACCASBLpaperconsistsofasinglequestionof100markswhichgetssubdividedintovariousquestionsofvariedmarks. 100%scenario-basedquestions. SectionA:Acasestudyof50markswillbegivenand4-5questionswillbeaskedonit. SectionB:Eachwillbegiven3casesof25marks.Havetotry2outof3. ExamsareheldinMarch,June,September,andDecemberofeachyear.Insixmonths,apersoncantakefouroreightexamsperyear,whichrequireatotalofthirteenexamstoqualify. Conclusion EmployersarealwayslookingforACCA-certifiedprofessionalsbecausetheyhaveaqualitativeunderstandingofpractical,technical,andanalyticalskills.Infact,duetothehighdemand,employersinmanyindustriessuchasbanking,auditing,retail,insurance,andITofferprofitablepackages.ACCAaccreditationisprobablyoneofthemosttrustedoptionsforstudentsandprofessionalsinterestedinpursuingacareerinthefinancialsector.ACCAistheperfectshortcourseifyouwanttomakeadifferenceinyourCV. AutodeskRevitArchitecture, RevitStructure MohamedShafi MohamedShafi HeisaFinancialAccountingtrainerwithover7 yearsofteachingexperienceinFinancialaccounting fundamentalsandsoftware.Apartfromtrainingexperience,hehasindustryexperienceoftwoyearsasasenioraccountantatGCCcountries.HeiswellversedinTally,Sage50,ZohoBooksandSAPFICO. Hefollowseasytolearnmethodologieswhichworkwondersonhistraining.Helovestotravelalotandhasacrazeindrivingtoo.Hispassionforteachingandtraining engages him to attend conferencesandinexploringnewareasoflearning. RelatedPosts 7ReasonsWhyYouShouldChooseACCA Top10AccountingSkillsYouNeedtoKnow HowCMACertificationCanHelptoBuildYourAccountingCareer? RecentPosts The5SkillsYouNeedtoBeaSuccessfulVideoEditor WhySAPFICOCertificationisimportantforaCareerinFinancialManagement WhyEnglishlanguageskillsimportantforyourfuture? 5waystoboostyourAdvancedEnglishSkillsduringCovid-19lockdown 5TopAdvancedExcelSkillsemployerslookforinNewHires LeaveaReply