ACCA Exemption Calculator - IMS Proschool

ACCA awards exemptions to students based on;. Certificate and diploma courses (but only from recognised institutions); Foundational degrees ... Wouldn’titbegreattoskipsomeexamsandreachthepositionyoudesireinthefieldofaccountancy?  Well,ACCAexemptionsprovideyouwiththisopportunityandstartstudiesatalevelthatisconsistentwithyourcurrentknowledgeandskills.  TherebyshorteningyourprocessandjourneytoacquireACCAmembership.  TheprocessandprocedurefollowedbyACAAareextremelystrictastheorganisationneedstoensurethatonlyqualifiedcandidatesaregiventheexemption.  Inthisarticle,wewillknowabouttheACCAexemptioncalculatorandhowstudentsareawardedexemptions,whentheyshouldapply,andwhatcoursestheycantaketoapplyfortheexemptions.  InWhatConditionsanExemptionisAwardedatACCA? TheACCAexemptionsareawardedsubjecttothefulfilmentofsomeconditions.Thesepertaintotheapplicant’squalificationsonly.  Noexemptionsareawardedbasedontheperson’sworkexperience. Intermsofqualifications,theexemptionsareawardedonthebasisoftheeducationthatcontainsrelevantcontent.ThiscontentmustrelatetotheAppliedKnowledgeandAppliedSkillslevelsofACCAqualifications.  ACCAawardsexemptionstostudentsbasedon; Certificateanddiplomacourses(butonlyfromrecognisedinstitutions)FoundationaldegreesBachelororundergraduatedegreePostgraduatedegreeProfessionalqualifications ACCAExemptionCalculator|CoursesgivingStudentstheBenefitofExemption ThefollowingtableshowsthedegreecourseyoumighthavedoneorwilldoalongwithsomerecogniseduniversitiesandcollegesbytheACCA.  DegreeorCourse*Institution(CollegeorUniversity)ExemptionsLevel1Level2Level3B.ComAhmedabadUniversity F1–BusinessandTechnology(BT) F2–ManagementAccounting(MA) F3–FinancialAccounting(FA) F1–BusinessandTechnology(BT) F2–ManagementAccounting(MA) F3–FinancialAccounting(FA) F4–CorporateandBusinessLaw(LW)F1–BusinessandTechnology(BT) F2–ManagementAccounting(MA) F3–FinancialAccounting(FA) F4–CorporateandBusinessLaw(LW)M.ComBangaloreCentralUniversityF1–BusinessandTechnology(BT)F1–BusinessandTechnology(BT) F2–ManagementAccounting(MA) F3–FinancialAccounting(FA)F1–BusinessandTechnology(BT) F2–ManagementAccounting(MA) F3–FinancialAccounting(FA)BBAIISUniversityF1–BusinessandTechnology(BT)F1–BusinessandTechnology(BT)F1–BusinessandTechnology(BT)MBAManipalUniversityN/AF1–BusinessandTechnology(BT) F2–ManagementAccounting(MA) F3–FinancialAccounting(FA)F1–BusinessandTechnology(BT) F2–ManagementAccounting(MA) F3–FinancialAccounting(FA)ADegreeinFinanceParulUniversityF1–BusinessandTechnology(BT)F1–BusinessandTechnology(BT) F2–ManagementAccounting(MA) F3–FinancialAccounting(FAF1–BusinessandTechnology(BT) F2–ManagementAccounting(MA) F3–FinancialAccounting(FAADegreeinLawTheNationalCollege,BangaloreNoExemptionsF4–CorporateandBusinessLaw(LW)F4–CorporateandBusinessLaw(LW) *Universitiesmentionedabovearemeantforunderstanding.Pleasecheckthefulllistbelow. ThesearethedegreecoursesandprogramsyoucanchoosetogetACCAexemptions.ACCAhasprovidedthe*listofcollegesanduniversitiesrecognised,andstudentsfromtheselectedinstitutionscanonlyapplyfortheexemptions.  ThethreelevelsofACCAexemptionsareconnectedtotheyearofthecourse.Level1meansstudentsinYear1,Level2isforstudentsinYear2,andthesameappliestoLevel3.  Besidesthedegreeprograms,thestudentscanalsoapplyforACCAexamsandexemptionsonthebasisoftheirachievements.Thispertainstothepassingofdifferentaccounting-relatedexams.  Findtheseexamsandtheexemptionstheyprovideinthetablebelow; CAIPCCExaminationF1–BusinessandTechnology(BT)F2–ManagementAccounting(MA)F3–FinancialAccounting(FA)F6–Taxation(TX)F8–AuditandAssurance(AA)QualifiedCharteredAccountantsExaminationF1–BusinessandTechnology(BT)F2–ManagementAccounting(MA)F3–FinancialAccounting(FA)F4–CorporateandBusinessLaw(LW)F5–PerformanceManagement(PM)F6–Taxation(TX)F7–FinancialReporting(FR)F8–AuditandAssurance(AA)F9–FinancialManagement(FM)CharteredAccountantInterQualifiedExaminationF1–BusinessandTechnology(BT)F2–ManagementAccounting(MA)F3–FinancialAccounting(FA)F6–Taxation(TX)F8–AuditandAssurance(AA)CharteredAccountantInterPursuingExaminationF1–BusinessandTechnology(BT)F2–ManagementAccounting(MA)F3–FinancialAccounting(FA)F6–Taxation(TX) OutofallthebenefitsaccordingtotheACCAexemptioncalculator,thequalifiedCAsstandtogainthemostamongallthestudents.CA’sareexemptedfromninetestareasfromboththeareas;AppliedKnowledgeandAppliedSkills.  However,noqualificationandexaminationmakeastudenteligibleforexemptioninStrategicProfessional –EssentialsandStrategicProfessional–Optionscategories.Thespecificareasunderthesecomponentsare; StrategicProfessional–EssentialStrategicBusinessLeader–SBLStrategicBusinessReporting–SBR StrategicProfessional –OptionsAdvancedFinancialManagement–AFMAdvancedPerformanceManagement–APMAdvancedTaxation–ATAAdvancedAuditandAssurance–AAA Whileapplyingfortheexemption,makesuretousetheACCAexemptioncalculatoravailableontheofficialwebsite.Thecalculatorwillhelpyouknowwhetheryourdegreeorinstitutionisincludedinthelistofqualifiedexemptions.  What’stheProcesstoClaimExemptioninACCA? Themostcommonwaytoapplyfortheexemptionisbysendinganemailwiththerequiredinformationanddocumentsatinfo@accaglobal.com.NotethatyoumustbecomeastudentwithACCAandalsopaytheexemptionfeetoavailofthebenefits.  However,itispossibletocheckfortheACCAexemptionsapplicableinyourcasebeforeyoucanbecomeastudentatACCA.Here’stheprocessforthesame; Documents:Youneedtosubmityourcoursedetails,includingthecoursename,scoresachieved,andthenameoftheinstitution.  Allthedocumentsmustbesignedandstampedbytheinstitution.Besidesthemarksheets,youmustalsosubmitthedegreecertificateshowingdataofcompletionandtheyearscompletedinthecourse.  SendtheEmail:AttachallthedocumentsintheemailinJPEGorPDFformat.Nodocumentshallhaveasizeofmorethan5MB.  Confirmation:Within48hoursofsendingtheemail,youwillreceiveaconfirmationfromACCA.Youwillbenotifiedoftheacceptanceandforwardingofthedocumentstotherelevantteamforfurtherassessment.Ortheemailwillbeaboutthesubmissionoffurtherdocuments.  Itcantake,onaverage,10daystimetoassessthedocuments.Butinsomecases,thenumberofdayscanbemore.  ExemptionNotification:Subjecttothefinalanswer,youwillgettherequisiteemailnotifyingyouabouttheeligibleACCAexemptions.Further,youwillbeaskedtobecomeanACCAstudentandalsopaytheexemptionfee.  WhenShouldaStudentApplyfortheACCAExemptions? Ideally,youmustapplyfortheexemptionsafterbecominganACCAstudent.Butforconfirmationpurposes,youcanfollowtheinstructionssharedabovetochecktheeligibilityandbecomeastudent.  Irrespectiveofwhetheryouwanttobecomeastudentbeforeorafter,youcanapplyfortheexemptionatanytime.Betweenbecomingastudentandapplyingfortheexemptions,youhavegainedmorecertificates,youcanreapply,andyourapplicationwillbereassessed.  Conclusion ACCAexemptionshelpstudentsfasttracktheprocesstogetaccreditedbytheACCA.Themembersandstudentsofthisglobalorganisationcanexplorebetteropportunitiesleadingtoeffectivepersonalandprofessionaldevelopment.Gettingexemptionscanhelpyoufasttracktheprocesstogetrecognitionfromagloballyidentifiedorganisation.  StudentslookingtobuildacareerinAccountingandFinancestandtogainthemostfromACCAaccreditationandhencemustapplyfortheexemptionswhenevertheygetachance.IMSproschoolunderstandstheimportanceofgettingintoACCAandprovidesadedicatedcoursetohelpstudentsprepareforthesamewhilehelpingthemunderstandthenuancesofexemptionsandexams.  AskProschool SelectyourCity Bangalore Chennai Delhi Gurgaon Hyderabad Kochi Kolkata Mumbai Pune Others Enquiredfor --Finance PGPInvestmentBanking&CapitalMarkets NSE-FinancialModelingCertification CFP CFA CertificateinInvestmentBanking --Accounts PGPManagementAccounting ACCA CIMA IFRS --DigitalTransformation PGDDataScience CertificateInDataScience BusinessAnalytics DigitalMarketing CertificateinCyberSecurity DataVisualization GetinTouch March28,2022/byAniketK https://www.proschoolonline.com/wp-content/uploads/2022/03/ACCA-Exemption-Calculator.jpg 1080 1920 AniketK https://www.proschoolonline.com/wp-content/uploads/2018/03/proschoolonline-logo.jpg AniketK2022-03-2809:20:372022-03-2809:39:04ACCAExemptionCalculator Categories Qualifications(188) ACCA(56) CFA(62) CFP(38) CIMA(42) CPA(4) CyberSecurity(2) SkillsinDemand(295) CA(17) DataScienceandAnalytics(131) DigitalMarketing(65) FinancialModeling(57) IFRS(16) Others(10) SkillTalk(6) SkillYatra(3) WorldofCareers(364) Accounting(74) Analytics(32) Banking(57) General(177) Investments(65) AskProschool SelectyourCity Bangalore Chennai Delhi Gurgaon Hyderabad Kochi Kolkata Mumbai Pune Others Enquiredfor --Finance PGPInvestmentBanking&CapitalMarkets NSE-FinancialModelingCertification CFP CFA CertificateinInvestmentBanking --Accounts PGPManagementAccounting ACCA CIMA IFRS --DigitalTransformation PGDDataScience CertificateInDataScience BusinessAnalytics DigitalMarketing CertificateinCyberSecurity DataVisualization GetinTouch SubscribetoBlog PleaseleavethisfieldemptyEmailAddress* Checkyourinboxorspamfoldertoconfirmyoursubscription. 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