BCom with ACCA

ACCA (the Association of Chartered Certified Accountants) is the global body for professional accountants. ACCA aims to offer business-relevant, first choice qualifications to people of application, ability and ambition globally who seek a rewarding career in accountancy, finance and management. Founded in 1904, ACCA has consistently held unique core values: opportunity, diversity, innovation, integrity and accountability. These values are aligned to the needs of employers in all sectors and ACCA ensures that, through their qualifications, they prepare accountants for business.

WHY CHOOSE TO STUDY ACCA?

There are many accountancy bodies that offer accountancy qualifications around the world. Here is a summary of why you should choose ACCA:

Unrivalled global network

ACCA is the global body for professional accountants with over 162,000 members and 428,000 students in 173 countries. We have 91 offices and centres globally all offering localized support. Our qualifications are based on international accounting standards making them globally relevant. We offer local law and tax options making your qualification locally relevant too. ACCA qualifications are recognized by key regulatory and education authorities around the world and we have joint membership of other international accountancy bodies. ACCA’s qualifications are benchmarked against education levels around the world. So by choosing ACCA, you choose qualifications that have been independently quality checked.

ACCA EXAM FORMAT

The ACCA exams are divided into two levels; Fundamentals and Professional.

The Fundamentals level is divided into two modules; Knowledge and Skills.

Fundamentals (nine papers in total)

Knowledge

F1 Accountant in Business

F2 Management Accounting

F3 Financial Accounting Skills

 F4 Corporate and Business Law

 F5 Performance Management

 F6 Taxation

 F7 Financial Reporting

 F8 Audit and Assurance

 F9 Financial Management

The Professional level is divided into two modules; Essentials and Options

Professional (five papers in total)

Essentials

 P1 Governance, Risk and Ethics

 P2 Corporate Reporting

 P3 Business Analysis

Options (two to be completed)

 P4 Advanced Financial Management

 P5 Advanced Performance Management

 P6 Advanced Taxation

 P7 Advanced Audit and Assurance

Professional Ethics module – An online module to be completed with P1

Work experience requirement – Three years work experience in a relevant field that could be obtained before, during or after the course.

Students who complete MG university’s BCom will get 4 paper exemptions in ACCA exams.