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What is ACCA & how can it help in building a career/help in career growth?
We start off with the question, what is ACCA? To answer your question in simple words, ACCA stands for Association of Chartered Certified Accountants.
What does that mean you ask? ACCA is the professional field of accounting and finance.
Now we come to the second question you may have in mind, which is, how can it help in building your career?
Well, there are many reasons to consider ACCA some of them are:
The ACCA is globally recognized in over 78 markets and has more than 80 international accountancy partnerships.
A very well designed curriculum: ACCA continuously develops so that the students can acquire proper knowledge and skills about this field.
Offers a long term career: ACCA trains you so you can execute strategic roles at senior management levels.
Pricing: Comparing to other fields the ACCA’s pricing system and payment is VERY CHEAP, costing only PKR 2–3 lacs.
The Career Growth Options:
After finishing your ACCA qualifications you are qualified for jobs like:
Chief Financial Officer (CFO)
Chief Financial Officer
How many modules are in ACCA and what are the basic modules and which are the advance modules?
Off to our next topic! How many modules are in ACCA and what are the basic modules and which are the advance modules?
How Many Modules are in ACCA?
The modules are divided in 3 categories:
Applied Knowledge Module (Papers In Category: BT, MA, FA)
Applied Skills Module (Papers In Category: LW, PM, TX, FR, AA, FM)
Strategic Professional Module (Papers In Category: SBL, SBR, AFM, APM, ATX, AAA)
ACCA Tutors in UK
What are the Basic and Advance Modules?
The modules which fall in to the basic category are the “Applied Skill Module” & “Applied Knowledge Module”. The applied skill module consists of the exams:
Corporate and Business Law (LW)
Performance Management (PM)
Financial Reporting (FR)
Audit and Assurance (AA)
Financial Management (FM)
The Applied Knowledge Module Exams are the Following:
Account In Business (AB)
Management Accounting (MA)
Financial Accounting (FA)
The advanced module is the “Strategic Professional Module”. The strategic professional module consists of the following exams:
Strategic Business Leader (SBL)
Strategic Business Reporting (SBR)
Advanced Financial Management (AFM)
Application Performance Management (APM)
Advanced Taxation (ATX)
Advanced Audit and Assurance (AAA)
How to Prepare for the Exams?
So, many questions arise in the brain of a student on the preparation of an exam. So,let me help you to throw away these questions! Here’s a list of things you SHOULD follow:
ALWAYS have a Look at the Study Guide:
You should ALWAYS have a look on the study guide! A study guide is more valuable than you think.
Read Textbooks/Study Material:
Textbooks, (official), and study material are the MOST important during exam period. All questions, mostly, come from within the textbook and study material.
Know About the Type of Questions:
A question paper will have different type of question types, like MCQ’s. Prepare yourself to face these questions.
Utilize Your Time:
Test yourself with past paper questions to improve your skills.
How an Examiner’s Guide Helps:
As mentioned above, the examiner’s guide is the most valuable during the period of exam. It has all the instruction/guides mentioned in it. Where you can get extra information from and etc.
The Passing Ratio and Next Module to Prepare:
Below are the passing ratios:
To connect with the qualified tutors and get guidance for ACCA exam preparation, join Eximus Education, a UK based tutor provider for higher education and programs.
URL : https://eximuseducation.com/
Blog ID : 266104
Category : Education
Date Added : 9-6-2021
Tags : Accountants | recognized