Why get ACCA qualification?
ACCA is a global accountancy body setting highest professional and
ethical standards for accountants worldwide. Their mission is to provide equal
opportunities to professionals all over the world, allowing them to grow,
develop their skill set and reach a new level of qualification. The body
partners with local associations to make sure the qualifications they develop
comply with regulations in the marketplaces. Accountants with ACCA membership
are the most sought-after industry professionals with broad professional
knowledge and expertise.
If you are looking for opportunities to develop your career as a
professional accountant, ACCA qualification can be a great addition to your
profile as it proves you can set and maintain the high standards in the
organizations you work with and lead them to business success. With ACCA
membership you’ll get access to a variety of resources which can be helpful
throughout your studies as well as your professional life. There are also
numerous opportunities for developing your skills and qualifications, including
BSc and MSc.
The Roadmap towards ACCA
Qualification
If you’re ready to embark on an exciting journey towards receiving ACCA
qualification, make sure you understand what your starting point is and what
your next steps are going to be. In order to qualify for ACCA you’ll need to
take a maximum of 13 professional exams, with exemptions depending on your
prior experience and qualification. You will also need to complete an Ethics
and Professional Skills module from ACCA. Lastly, you’ll need to prove at least
three years of practical work experience in a relevant role. The whole process
of earning the qualification will take you approximately three years.
ACCA Exams
For ACCA Canada high school diplomas or secondary school certificates
with A levels in Math and English are sufficient for registration. However, if
you’ve completed your studies in another country but want to enrol in ACCA
Qualification in Canada, visit the website to determine your eligibility. If
your current qualifications are not enough to apply, you can still study with
ACCA through its Foundation Level program. If, on the contrary, your
qualifications are already higher than required at the registration, you will
be allowed to skip some of the ACCA exams based on your individual case.
Applied Knowledge Exams
If you meet the requirements for ACCA exam registration you will start
with the first step, which is called Applied Knowledge
Exams. They include an introduction to the field of finance and accounting with
the general understanding of accounting in the modern world. The exams for
these modules can be taken at a test center certified to deliver them as per
the established standards. Applied Knowledge Exams consist of the following
modules:
Accountant in Business
Management Accounting
Financial Accounting
These are on-demand computer-based exams that can be taken individually
at an authorized ACCA Exam centre, such as Ashton Testing Services centre
located in Vancouver, BC. For ACCA exams registration,
you’ll need to proceed to the test centre website directly and book the
individual exams at your convenience. You will need to pay separate fees for
each exam you wish to take.
Applied Skills Exams
The next step to ACCA qualification is Applied Skills Exams. They build
on existing knowledge and understanding to develop strong, broad and practical
finance qualifications required by professional accountants.
Corporate and Business Law
Performance Management
Taxation
Financial reporting
Audit and assurance
Financial Management
This set of exams is offered in sessions. In 2019,
sessions will be held in June and September in selected locations. In order to
register and pay the ACCA exam fees, you will need to go to ACCA global website
and create an account. You will be allowed to select the test centre located
close to you. You will be also given an option to select the number of sessions
to choose from. The general advice here is to plan well in advance, by finding
the test locations and exam entry deadlines so that there no last minute
issues. If you end up missing an exam, you may have to wait for several months
for the next one.
Strategic Professional
The highest level of ACCA exams is Strategic Professional,
which is comprised of Essentials and Options
exams.
Essentials
Strategic Business Leader
Strategic Business Reporter
Options
Advanced Financial Management
Advanced Performance Management
Advanced Taxation
Advanced Audit and Assurance
Strategic professional exams also come in a package and can be taken
only after completing the previous step and clearing the Applied Skills Exams.
If your goal is to take
your professional accountant career to the next level, Ashton Testing
Services will be glad to help you take the on-demand computerized
exams at our convenient location in downtown Vancouver on a day and time that
works best for you.