ACCA is the global body for professional accountants with 170,000 members and 436,000 students in over 170 countries. With a network of 83 offices and centres across the world, ACCA offers business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management.
The ACCA Qualification will provide you with skills and knowledge relevant to any business, which means you are free to choose which type of accountancy role and organisation you want to work for. There is a strong focus on professional values, ethics and governance. This is essential because the profession is moving towards strengthened codes of conduct, regulation and legislation, which is why the ACCA qualification has an increased focus on professionalism and ethics in accounting.
Professionalism and ethics is examined at the highest level in the ACCA Qualification. It is also a main part of the practical experience you must complete to qualify.
- Two A Levels and three GCSEs (or their equivalent).
- These need to be in five separate subjects including English and Maths.
- Ethics – the Professional Ethics module.
If you do not possess the minimum entry requirements, you can still join ACCA to study accounting as a student, but you will need to start your studies with the Foundation-level qualifications, collectively referred to as Foundations in Accountancy.
When you have completed the Diploma in Accounting and Business in at the Foundation level, you can then transfer over to the ACCA Qualification. You will be able to start your studies at Paper F4, because you can claim exemption from exams F1, F2 and F3 on the basis of completing the Diploma.
ACCA offers exemptions to students who have studied relevant accountancy qualifications prior to starting ACCA’s accountancy qualifications. This means that you may not have to take all of the exams in the Foundation level of the ACCA Qualification and you can start your studies at the right level.
You may enter details of your qualification in the ACCA Exemptions Enquiry Database and check the number of exemptions you may be entitled to. You will need to pay a fee for each paper exempted. Exemptions are charged at the early exam entry fee.
Special exemption fee waiver offers for CA and AAT Passed Finalists!
PROFESSIONAL ETHICS MODULE
Professional ethics is at the heart of the ACCA Qualification and is covered in 11 of the 16 exam papers. This includes all papers at Professional level and three of the Essential performance objectives.
The Professional Ethics module underpins both your studies and your practical experience. The aim of the module is to introduce you to a range of ethical ideas.
You get access to the module when you become eligible to take Paper P1 Governance, Risk and Ethics. We recommend that you take the Professional Ethics module at around the same time as you take this paper. You must finish it before you can become a member and before you can finish your BSc degree.
PRACTICAL EXPERIENCE REQUIREMENT
A key part of the ACCA Qualification is getting relevant practical experience in the workplace. Our exams will give you the theory behind your knowledge of accountancy, but you also need to have the practical experience to support it. This experience, alongside your exams and ethical awareness, will mean you are fully prepared for a challenging career as a professional accountant.
You need to do three years’ relevant work experience and achieve 13 of the performance objectives. You will need to do all nine listed as ‘Essentials’ and four of those listed as ‘Options’.
Performance objectives are part of the requirements you must meet for your practical experience. They set out a clear guide for the activities you should do and what you should achieve in the workplace. They outline the standards and expected result of your work. They also show the attitudes you are expected to have as a trainee accountant.
In order to help you with your PER component, we have in place an in-house Job Bank where you will be placed in some of the top corporates in Sri Lanka.
Dinusha Weerawardane – VIEW COORDINATOR INFO
- Lectures 0
- Quizzes 0
- Duration 1 Year
- Skill level 2 A/Ls & 3 GCSEs
- Language English
- Students 2500
- Assessments Self