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The ACCA program focuses on developing students with strong financial knowledge, business acumen and critical thinking-traits which are sought by any company. ACCA professional qualification covers all areas of business, from financial statements, management accounting, business taxation & law to audit and also business ethics. With an ACCA qualification, you will have the opportunity to work with the industry, banking, auditing, and consulting etc. sectors. The degree is greatly recognized in Pakistan as well as internationally.
Why ACCA
- The ACCA qualification is recognized globally and will help open doors to various career paths
- ACCA qualification will help you progress in your career as it helps you to perform strategic roles at senior management levels
- The ACCA qualification is providing world-class accounting and finance qualifications for over a 100 years
- After passing all papers of ACCA students are eligible to get exemptions up to 12 papers out of 15 papers for Institute of Chartered Accountants in England and Wales, UK’s premier accountancy body and largest in the world
- ACCA qualification is equivalent to completing a full university degree
Roadmap
ACCA is a program in which students have to progress through three elements:
- ACCA exams:
- Applied Skills
- Strategic Professional Exams
- Ethics and professional skills module
- Professional experience requirement
After the successful completion of the ACCA exams and ethics and professional skills module, the students have to gain a minimum of three years’ practical experience. The students can undergo this training during their ACCA exams, but it is highly advised they do it after they have given them.
It is imperative that students clear all the fundamental exams. The passing marks for these exams are 50%.
| Fundamental skills | ||
| Subject Code | Subject | Subject Mode |
|---|---|---|
| FAB | Accountant in Business | Theoretical |
| FMA | Management Accounting | Numerical/Theoretical |
| FFA | Financial Accounting | Numerical/Theoretical |
| Applied Skills | ||
| Subject Code | Subject | Subject Mode |
|---|---|---|
| LW | Corporate and Business Law | Theoretical |
| PM | Performance Management | Numerical/Theoretical |
| TX | Taxation | Numerical |
| FR | Financial Reporting | Numerical/Theoretical |
| AA | Audit and Assurance | Theoretical |
| FM | Financial Management | Numerical/Theoretical |
The passing marks for these papers are 50%.
| Strategic Professional Essentials | ||
| Subject Code | Subject | Subject Mode |
|---|---|---|
| SBL | Strategic Business Leader (SBL) | Theoretical |
| SBR | Strategic Business Reporting (SBR) | Numerical/Theoretical |
| Strategic Professional Optional (Any two optional papers) | ||
| Subject Code | Subject | Subject Mode |
|---|---|---|
| AFM | Advanced Financial Management | Numerical/Theoretical |
| APM | Advanced Performance Management | Numerical/Theoretical |
| ATX | Advanced Taxation | Numerical/Theoretical |
| AAA | Advanced Audit and Assurance | Numerical/Theoretical |
Students are required to complete our Ethics and Professional Skills module which develops in students the complete range of skills necessary to excel at the job. By introducing students to the full spectrum of advanced ethical and professional skills and exposing them to realistic business situations, our students are ready to shine with recruiters and be really credible in the workplace.
The Foundation Diploma is the best preparation for the ACCA Qualification if you don’t have any other qualifications or experience. Complete the Diploma and you will be automatically transferred onto the ACCA Qualification, free of charge, and given exemptions from the first three exams.
In Pakistan, the Intermediate Board Committee of Chairmen (IBCC) has awarded HSSC (Intermediate in Commerce) equivalence to the Foundation Diploma. If you wish to obtain such equivalence, and then you must apply for the Foundation Diploma after completing O’ Levels, or Matriculation.
After you complete the Foundation Diploma (the first seven exams of Foundations in Accountancy) you can transfer onto the ACCA Qualification. You can claim exemption from the first three exams (F1, F2 and F3), because you will have already passed them at the diploma level. You can then continue your journey with us on the ACCA Qualification
Criteria:
- Two passes in A levels and three passes in O level in five different subjects including English and mathematics or equivalent
- Com, BA, BCs from a HEC recognized university
- Matric students who have taken ACCA Foundation Diploma
Exemptions
Up to nine exemptions are available from the fundamentals level of ACCA qualification, however, no exemptions are available at the professional level. The number of exemptions students can claim depends on how closely their background qualification matches with the content of ACCA syllabus.
Criteria:
- Two passes in A levels and three passes in O level in five different subjects including English and mathematics or equivalent
- B.Com, BA, B.Sc from a HEC recognized university
- Matric students who have taken ACCA Foundation Diploma
Exemptions
Up to nine exemptions are available from the fundamentals level of ACCA qualification, however, no exemptions are available at the professional level. The number of exemptions students can claim depends on how closely their background qualification matches with the content of ACCA syllabus.