ACCA Exemptions: Paper Exemption Info (2022) - Zell ...

If a certain candidate is a graduate in the field of commerce or has studied subjects in finance and accounting, ACCA may offer them exemption ... Skiptocontent Searchfor: HomeACCACourseDetailsACCAExemptions:PaperExemptionInfo(2022) ACCACourseDetails ACCAExemptions:PaperExemptionInfo(2022) May10,2022May30,2022SiddhantKhanvilkar Uponcompletingclass12orafterfinishinggraduation,studentsareoftenconfusedastowhattodonextintheircareer.ThemostcommonadvicegiventofreshcommercegraduatesistobeaCharteredAccountantoraCompanySecretary.Inrecentyears,anotherpopularcareeroptionistobecomeanACCA,alsoknownastheglobalCA.HerearesomeimportantfactstolearnabouttheexemptionsofferedbyACCA.  WhatisACCA?  TheAssociationofCharteredCertifiedAccountants(ACCA)isagloballyrecognizedassociationthatoffersthequalificationofCharteredCertifiedAccountants.ToqualifyasalegitimatememberoftheACCA,acandidateisrequiredtocomplete13papersthataresplitintothreelevels–Knowledge,SkillandProfessional.  TheKnowledgelevelexamsarecomputer-basedexams(CBE)thatcanbegivenon-demandthroughouttheyearwhereastheSkillsandProfessionalLevelexamsareheldquarterly,i.e.everyMarch,June,SeptemberandDecember. TheACCAqualificationisreveredbyaccountingandfinanceorganizationsalloverthecountry.CompanieslikePwC,Deloitte,KPMG,EY,ideallyaimtohireACCAprofessionalsforprofileslikeAccountingAdvisory,RiskAdvisory,Mergers&Acquisitions,etc,andofferbasesalariesbetweenINR5to8lpa. WhatareACCAExemptions? Ifacertaincandidateisagraduateinthefieldofcommerceorhasstudiedsubjectsinfinanceandaccounting,ACCAmayofferthemexemptionfromhavingtoattemptcertainexamsfromthe13papers.Insomecases,relevantworkexperienceinthefieldofaccountingandfinancemayalsoallowcertaincandidatestoclaimexemptions.Ifyouareunsureaboutyoureligibility,youcaneasilyverifyitbyusingtheexemptionscalculatorontheACCAwebsite.  ACCAExemptionTable ACCAoffersexemptionstoCommerceGraduates,PostGraduate(M.Com)InterCAStudentsandCAQualified.Studentswhohavejustclearedtheirclass12examinations,donotqualifyaspertheaforementionedcriteria,butarestillqualifiedtoregisterfortheACCAExamviaFoundationinAccountancy(FIA)route.  Qualifications Numberofexamstogive Exemptions CompletionofClass12th 13papers* NIL CommerceGraduate 9papers BT,MA,FA,LW MComPostGraduate 9papers BT,MA,FA,LW CAIPCC(BothGroups) 8papers** BT,MA,FA,TX,AA CA 4papers** BT-FM(9subjects) *Theapplicantshouldhavepassed5subjectsincludingEnglishandMathematics/Accounts,with65%inatleast2subjectsandover50%fortherest.  **ACAFinalcandidateiseligibletoattainadditionalexemptionsifthey’vescored40andabovemarksintheirexaminationforrelevantsubjects. HowtoApplyforACCAexemptions? TherearetwowaystoclaimexemptionsforACCAexams.YoucaneithersubmityourenquiryforclaimingexemptionswhileregisteringasastudentontheACCAwebsite.Alternatively,youcanalsosubmityourenquirybyemailingyourdocumentstoACCA.Moreinformationonexemptionsenquirycanbefoundontheofficialwebsite.  WhoisEligibleforACCAExemptions?HowtoClaimtheseExemptions? Candidateswithdifferentqualificationsmaybeeligiblefordifferentexemptions.Astudentcanclaimamaximumof9exemptionsfromKnowledgeLevelpapersorSkillsLevelpapersbasedonhispreviousqualifications.AdetailedexplanationofalltheexemptionstoACCAcanbefoundonZellEducation’sYouTubechannel.Generally,theexemptionsthatcanbeclaimedbycertainindividualsareasfollows. Graduates– Ifastudenthascompletedtheirgraduationinthefieldofcommerce,theymaybeeligibleforexemptionsfromanywherebetweenonetofourpapers,dependingonthesubjectstheystudied.  Inter-CAPursuant–Aninter-CApursuantoracandidatewhohasgiventheirIPCCexamsandclearedcertainpapersiseligibletoget5exemptionsfromACCA,whereasthosewhohavecompletedB.ComwithIPCCmaybeeligibleto6exemptions.  FinalCACleared–AstudentwhohascompletedtheirCAqualificationoriseligibleforexemptionsfromallthepapersfromtheKnowledgeandSkilllevelexams,i.e.9papers.EvenifacandidatehasnotcompletedtheirFinalCAbuthasclearedcertainpapers,theymaybeeligibletoclaimthese9exemptionsfortheirACCAqualification.  OtherQualifications–StudentswhohavecompletedtheirUSCPAareeligibletoget8exemptionsinACCA.StudentsthathavecompletedtheirCMAfromIndiawith5yearsofrelevantworkexperiencewillbeeligiblefor9exemptionswhereasthosewhohavecompletedCMAfromtheUSAareeligiblefor3exemptions.  Whatarethebenefitsoftheseexemptions? TheACCArigorouslyanalysesacandidate’squalificationsbeforeawardingexemptionstothem.Ifastudentiseligibleforcertainexemptionsbuthasnotstudiedtheconcernedsubjectsforawhile,itisrecommendedtotakethepapersanywaytorefreshyourknowledgeaboutthesubjects.TheexemptionsofferedforACCAaregreatforthosecandidatesthathaverecentlycompletedcertainqualificationslikegraduationorinter-CAorCA.Itsavesthetimerequiredtostudyforthesepapersthatcanbeotherwiseutilisedtostudyfortheremainingexams.ItalsohelpssavethecostofcoachingforthoseparticularsubjectsandcanhelpyouachieveyourACCAqualificationafewmonthsearlier.  Whencanyounotclaimanexemptiondespitebeingeligible? Ifacandidate’sworkexperienceisnotrelevanttothefieldoffinanceandaccountingoriftheirqualificationisearnedfromauniversityoreducationalinstitutionnotrecognisedbytheACCA,thenthesequalificationswillnotbeeligibleforexemptions.  Whatarethefees? WhileastudentcouldbeeligibleforexemptionsfromtheKnowledgeandSkilllevelexamsfortheACCA,theywillstillberequiredtopayforeveryexemptiontheyclaim.TheACCAchargesasetfeeperpaperthatyouclaimexemptionfrom.In2022,theexemptionfeeforAppliedKnowledgeexamsis86GBPperpaperwhereasforAppliedSkillexamsis114GBPperpaper.ThesechargesaredeterminedbytheACCAandmayvaryinthefuture. Aretherefeewaivers? IfastudentisstudyingwithanACCAapprovedlearningpartner(ALP),theymaybeabletoavailofcertainexemptionfeewaiversdependingontheirqualifications.Zell,beingaPlatinumALP,offerssuchfeewaiverstocandidateswhoarepreparingforACCAwithus.Ifyouareplanningtoclaimyourexemptions,studyingwithanALPlikeZellcanbeverybeneficialsincetheplatformcanprovideyouwiththemostrelevantlearningresourcesandmayalsohelpyousavealotofmoneyinthelongrunwiththehelpofthesewaivers.  TheACCAqualificationisrecognizedinover180countriesincludingCanada,Singapore,andAustralia.Ifyou’vemadethedecisiontobecomeaglobalCAandarecontemplatingyournextmove,wecanhelpyoutakeastepforward.CheckoutourAssociationofCharteredCertifiedAccountants(ACCA)coursetolearnmore.Toadvanceyourportfolioandbuildprofessionalskills,tryZellEducation’sinteractivecoursesthatofferflexibletrainingtimings.Getintouchat+917208885600oremailusatreachus@zelleducation.com. WhatexemptionsarethereforACCA? WhatexemptionsarethereforACCA?ACCAcanaccreditthefollowingtypesofqualificationsforexemption:1.CertificatesDiplomas 2.FoundationDegrees 3.Bachelordegrees 4.Postgraduatequalifications 5.Professionalqualifications. CanIfinishACCAin2years? Werunfourexamsessionsperyear.Studentscansitamaximumoffourexamsateachsession,andamaximumofeightdistinctexamseachcalendaryear.Youcouldthereforecompletealloftheexamsintwoyears. HowmanyACCApapersareexemptafterBCOM? 4ACCAPapersareExemptedafterB.Com RelatedPosts ACCACourseDetails StepsToBecomeAGlobalCharteredAccountant?CareerProspects,Eligibility,Salary June15,2022June15,2022Zell ACCACourseDetails ACCACourseDuration–After12th,Graduation&CA June8,2022SiddhantKhanvilkar Postnavigation Previous:EarninganACCADegree–11CommonMisconceptionsDebunkedNext:USCMAvsCMAIndia:Scope,Salary&JobOpportunities RecentPosts USCPACourseDuration:After12th,Graduation&CA USCMACourseDuration:After12th,Graduation&CA StepsToBecomeAGlobalCharteredAccountant?CareerProspects,Eligibility,Salary ACCAForm FullName Email PhoneNumber Course ---ACCACFACPA DownloadACCABrochureYournameEmailAddressPhoneContactInformation1(800)[email protected],Syllabus,Eligibility,alsoourCounselorwillgetintouchwithyou.