Thursday, June 24, 2010

Acca qualification, i'd like to know how studying for this works?

i have just applied to the acca to join, i was wandering if they send the course books if you decide to study from home?Acca qualification, i'd like to know how studying for this works?
No. ACCA doesn't send you course books. You have to get it yourselve from outside e.g. BPP etc...





Yes, you can study at home.Acca qualification, i'd like to know how studying for this works?
Exams %26amp; study


You will need to complete 14 papers in total. A maximum of nine papers in the Fundamentals level are available for exemption.





FUNDAMENTALS (nine papers in total)


Knowledge


F1 Accountant in Business (AB)


F2 Management Accounting (MA)


F3 Financial Accounting (FA)


Skills


F4 Corporate and Business Law (CL)


F5 Performance Management (PM)


F6 Taxation (TX)


F7 Financial Reporting (FR)


F8 Audit and Assurance (AA)


F9 Financial Management (FM)





PROFESSIONAL (five papers in total)


Essentials


P1 Professional Accountant (PA)


P2 Corporate Reporting (CR)


P3 Business Analysis (BA)


Options (two to be completed)


P4 Advanced Financial Management (AFM)


P5 Advanced Performance Management (APM)


P6 Advanced Taxation (ATX)


P7 Advanced Audit and Assurance (AAA)


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Study for success


Through the University and College Registration Scheme (UCRS), ACCA works with and supports tuition providers, providing you with the opportunity to succeed. There are over 440 tuition providers worldwide to choose from who offer high quality tuition and student support. You can also choose from a variety of different study options. These include full-time courses, part-time day or evening courses, correspondence/distance learning, weekend courses and revision courses.





Details of UCRS tuition providers can be found on our online list.





Online list of global tuition providers





ACCA, in partnership with leading international tutors BPP and Kaplan Publishing Foulks Lynch, also provides study manuals tailored to the ACCA syllabus, interactive training material delivered on CD-ROM and a full Internet tuition service.





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Joint exam schemes


ACCA is proud of its partnerships with national accountancy bodies. Do you live in Barbados, Belize, Botswana, Cambodia, Cyprus, Ethiopia, Guyana, Jamaica, Lesotho, Macau, Malawi, Malta, Sierra Leone, Singapore, Swaziland, Trinidad and Tobago, Vietnam or Zambia?





Yes? Then you can sit our internationally-accepted exams to satisfy the exam criteria for ACCA membership and the national accountancy body simultaneously. We call these 鈥楯oint Examination Schemes鈥?





If you live in one of the above countries, you will be able to register with both ACCA and the national body.





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Experience


A key component of the ACCA Qualification is gaining relevant practical experience. The ACCA Qualification will prepare you for a challenging and often demanding career as a professional accountant and, like all professions, it is not sufficient to solely rely on theoretical knowledge developed through an exam process to help achieve this.





The ACCA Qualification closely links practical experience to the exam syllabus, reinforcing that any capabilities you develop through the exam process will have a clear application in your workplace. And this in turn provides potential employers with independent reassurance that you are the right person for the job. It鈥檚 up to you to choose the right employer to work for and gain your practical experience, but there are lots of resources available to you to make sure you get the right type of training and development.





You will need to complete three-years鈥?relevant practical experience in order to achieve 13 of the performance objectives listed below 鈥?all nine Essentials and four from 11 Options.





ESSENTIALS (all nine to be completed)


Professionalism, ethics and governance


1 Demonstrate the application of professional ethics, values and judgement


2 Contribute to the effective governance of an organisation


3 Raise awareness of non-financial risk


Personal effectiveness


4 Manage self


5 Communicate effectively


6 Use information and communications technology


Business management


7 Manage ongoing activities in your area of responsibility


8 Improve departmental performance


9 Manage an assignment


OPTIONS (four to be completed)


Financial accounting and reporting


10 Prepare financial statements for external purposes


11 Interpret financial transactions and financial statements


Performance measurement and management accounting


12 Prepare financial information for management


13 Contribute to budget planning and production


14 Monitor and control budgets


Finance and financial management


15 Evaluate potential business/investment opportunities and the required finance options


16 Manage cash using active cash management and treasury systems


Audit and assurance


17 Prepare for and collect evidence for audit


18 Evaluate and report on audit


Taxation


19 Evaluate and compute taxes payable


20 Assist with tax planning





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Professional ethics is at the heart of the ACCA Qualification. It is covered in 11 of the 16 exam papers 鈥?including all papers at Professional level 鈥?and in three of the Essentials performance objectives. Underpinning the educational syllabus and the practical experience is the Professional Ethics module. The aim of the Professional Ethics module is to give you exposure to a range of ethical perspectives. Ideally, this should be completed before, at the same time or soon after completing Paper P1, Professional Accountant, but must be completed before applying for membership.





http://www.accaglobal.com/
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