LSME is pleased to introduce the delivery of ACCA programmes due to growing demand from our current and prospective students. The ACCA (the Association of Chartered Certified Accountants) is the largest and fastest-growing global professional accountancy body with over 360,000 students and 115,000 members in 170 countries. This globally recognised ACCA qualification can put you on the right track to a career in accountancy and finance. Globally, employers will understand and respect your qualification. You will be in demand for your finance and accounting knowledge and skills worldwide, regardless of employment sector.

Achieving ACCA Qualifications

In order to become an associate of ACCA, in addition to passing the exams, you must demonstrate practical experience by providing evidence of three years of supervised relevant work experience in any type of organisation and in any country which can take place before, during or after studying for the ACCA exams. There is no time limit for this to take place. Students often choose to fulfil this requirement once they have passed their examinations and many do this upon return to their home country.

ACCA Modules

The ACCA qualification is split into two levels, the Fundamentals level (papers F1 to F9) and the Professional level (papers P1 to P7). Each level comprises two modules. Papers may be attempted in any order within each module, but modules must be attempted in order.

Standard Route & Fast Track Route

ACCA Exams Preparation

The ACCA exams are not easy and require a lot of hard work and preparation. There are two ACCA exam cycles per year:

• 1 February to 31 July
• 1 August to 31 January

You may take up to 4 exams in any one exam cycle.

Knowledge module subjects (F1 to F3) are computer based examinations of 2 hours and may be attempted at any time. You can take these exams at any ACCA approved computer based examination centre. First Intuition holds regular ACCA computer based exam sessions at all its study centres.

All other subjects are written examinations of 3 hours, with an additional 15 minutes reading and planning time. The written exams take place in June and December each year. You enter for these exams online via your My ACCA account.

The pass mark for all papers is 50%.

Key dates

Entry Requirements

Entry Routes

• Professional Examination Route
• Mature Student Entry Route
• Certified Accounting Technician

The minimum entry requirements under the Professional Examination Route (PER) are as follows; students must be at least 18 years old and meet at least one of the following criteria:

• 2 A levels and 3 GCSEs (5 separate subjects including English and Maths)
• CAT Level B (complete)
• AAT (UK) Intermediate (complete)
• BTEC National Certificate (any subjects)
• Advanced GNVQ (any subject)
• NVQ Level 3 or 4 (any subject)
• Degree (from a recognised institution in any subject)
• ACCA Certified Diploma in Accounting and Finance (complete)

For those who are unable to enter via the PER, there are two other methods of entry. Firstly, for those over the age of 21, the Mature Student Entry Route (MSER) is the first option. For entry to ACCA’s Professional qualification via the MSER you must be over 21 years old. You must also pass papers 1.1 and 1.2 within 2 years from the date of your first eligible exam session.

The second route is via Certified Accounting Technician (CAT).

This is ACCA’s vocational, open entry introduction to accounting. Applicants who are 16 years or older can complete ACCA’s CAT qualification and will be eligible for direct entry to Part 2 of ACCA’s professional exams, in other words, will be exempt from Part 1 examinations. An exemption fee will be payable for each paper awarded.

Entry Requirements for ACCA

• Applicants aged 18 years or above require 3 GCSE/GCE/CSE (or equivalent) - two of which must be English and Maths – and 2 A levels.
• Applicants aged 21 years or above without these qualifications are assessed on an individual basis.
• Candidates must have adequate proof of proficiency in English language.

Exemptions

Business or Accounting degree holders may qualify for exemptions from some or all of Part 1 & 2 exams. Holders of the final level of the CAT qualification will be exempt from Part 1. For further information on exemptions, please visit ACCA website at www.accaglobal.com or ask us for assistance.

Professional Scheme Students

You will need to:

• Gain a minimum of three years' supervised, relevant practical experience
• Satisfy the minimum competence requirements for membership
• Record your experience in your personal Student Training Record (STR).

Once these requirements have been met you can apply for full membership. If you are a full ACCA member and wish to work as an accountant offering your own services direct to the public, you will be required to hold an appropriate practising certificate. This requires further training within public practice, after being admitted to membership.

All the subjects/papers are delivered with a mixture of the following:

• Classroom lessons
• Lectures
• Workshops
• Seminars and tutorials
• Guest/Visiting Lecturers
• Group work
• Debates and self study

Assessments of the subjects/papers are conducted with a combination of different methods including:

• Individual and Group Presentations
• Written Examination (External Only)

Assessment : The examinations are conducted externally at selected locations and examination scripts are marked externally by ACCA.

Study Mode : Full Time  

Duration : 36 Months

Award and Certification : The results and certificates are issued by ACCA to candidates.

Intakes : January; March; May; September

Exam Structure : Examinations are held twice a year by ACCA in June and December.

Course Fees : Check the current tuition fees here.