Worthy is the Lamb

最痛的时候

Tuesday, September 1, 2009

Choosing ACCA

ACCA course is designed specially for those who wants to be a professional accoutants. ACCA provides easy entrance and fast completion of the course available.
Firstly, entering into ACCA will require an age of 21 as a mature entry. Second way will be obtaining an A-Level Qualification or equivalent and reaching an age of 18.
ACCA also provide Certified Accouting Technician (CAT) which helps students who do not reach the above qualification. You do not need any qualification but only reaching an age of 16. After finishing your CAT, you will be automatically transffered into the ACCA Qualification with an exemption of 3 papers from 14 papers of ACCA which is the Knowledge Modules of ACCA Qualification.
CAT has 10 papers in total where candidates is required to pass 9 papers in total. CAT provide a very strong foundation in accouting knowledge plus enabling students to have 3 papers exemption from ACCA Qualification. CAT is suitable for those with no or little accouting knowledge. CAT examination is conducted during every June and December each year. Normally, people take around 1 and a half year to finish off the 9 papers. Some people take 1 year to finish in accordance to their abilities. ACCA does not restrict the papers taken in CAT. Thus, if you a capable, you can take ALL 9 papers in a half year time. But until now, not much people can do that. It will be very tough covering all 9 papers in a half year time. So it is still advisable to use 1 year or 1 and a half year to finish CAT.
ACCA has 16 papers in total requiring candidates to pass 14 papers in total. There are 3 different routes:
Firstly, you enter ACCA through Mature Student Entry or A-Levels. By taking ACCA as a full time student, you will be advise to take 3 papers at half year interval. Thus, finishing ACCA Qualification in 2 and a half year with a BSc (Hons) Applied Accouting degree given by Oxford Brookes University by finishing 9 papers. If you are a part-time student, you are advise to take 2 papers per half year. Thus, finishing ACCA in 3 and a half years. However, you can choose to take 1 or even not taking any ACCA papers. But you will need to complete the whole syllabus in 10 years time from the date of registration with ACCA.
Secondly, you enter ACCA through CAT. You are eligible to be exempted from F1-F3 paper in ACCA. Thus, requiring you to finish 11 papers more to complete. If you are a full time student, you are advise to take 3 papers at half year interval. Thus, finishing ACCA Qualification in 2 years time with a BSc (Hons) Applied Accouting degree given by Oxford Brookes University by finishing 9 papers. If you are a part-time student, you are advise to take 2 papers per half year. Thus, finishing ACCA in 3 years time. However, ACCA only restrict you to take 4 papers per half year. Thus, you can choose to finish ACCA in 1 and a half year time.
Thirdly, you enter ACCA through other Accouting Qualification like Degree. Exemptions will be given by ACCA in case-by-case basis. Normally, F1-F3 will be exempted. Other papers will be determined by case-by-case basis.

For Full-time Students fast finishing route
CAT Student
1/2 year - T1-T5
1 year - T6-T10
1 1/2 year - F4-F7
2 year - F8 - P2
2 half year - P3-P7
Thus, finishing in 2 and a half year time.

ACCA Student
1/2 year - F1-F4
1 year - F5-F8
1 1/2 year - F9-P2
2 year - P3-P7
Thus, finishing in 2 years time.

Postgraduate Studies
After ACCA studies, graduates can find finish their Masters degree by top-up with universities all around the world. Some universities are choosen specifically by students of ACCA like Oxford Brookes University, Birgmingham University, University of East London and others.
UEL specifically design a Master Degree programme for ACCA students. By finishing ACCA, students will only require to 3-4 papers + a dissertation to obtain a MBA in Financial Services. This can be completed in a half year or in a summer.
There are also other degree offered by other UK Universities. Degrees like MSc Accouting & Finance are also popular among the ACCA graduates.
Thus completing ACCA will also enable students to finish their Master degree as well.

Any queries are welcomed from all.

0 comments: