Frequently Asked Questions about ACCA Course

        ACCA support their 227,000 members and 544,000 students and affiliates in 181 countries including India, helping them to develop successful careers in accounting and business, with the skills required by employers. ACCA works through a network of 110 offices and centres, more than 7600 Approved Employers worldwide, who provide high standards of employee learning and development and over 340 Approved Learning Providers who provide recognised quality tuition and support to our students. Through the public interest remit, ACCA promotes appropriate regulation of accounting and conduct relevant research to ensure accountancy continues to grow in reputation and influence.

        The term 'Chartered' in ACCA qualification refers to the Royal Charter granted in 1974. ACCA's syllabus formed the basis of the United Nations' global accountancy curriculum titled Guideline on National Requirements for the Qualification of Professional Accountants, published in 1999. ACCA was a participant in the consultative group that devised this global Benchmark.

        Chartered Certified Accountant is the professional body's main qualification. Following completion of up to 13 professional examinations, three years of supervised, relevant accounting experience and an ethics module, it enables an individual to become a Chartered Certified Accountant (ACCA).

        The ACCA professional examinations are offered worldwide four times yearly in March, June, September and December as paper-based and computer-based exams. On-demand computer-based exams (CBE) are also offered for the first four exams (AB, MA, FA, LW), and Session CBEs for the rest (PM, TX, FR, AA, FM) which are available to be taken at ACCA licensed exam centres including PR Academy, (www.pracademy.in) Rajaji Nagar, Coimbatore, Tamil Nadu.

There are 13 Papers & Exams in ACCA divided into 3 Major Levels as

Each Paper carries 100 Marks and there is NO NEGATIIVE MARKS anywhere in any Paper.

1. Applied Knowledge Level & its exams – 3 Papers:

2. Applied Skills Level & its exams – 6 Papers:

3. Strategic Professional Level & Exams – 4 Papers (2 Essentials/2 Mandatory Papers out of 4 Options):

Essentials – 2 Papers:

Optional Papers – Any 2 of the following:

        50% in each Paper (50 Marks/100) and there is No Aggregate System in it.

        From F1 TO F4 are On Demand Papers, which a student may opt from 01 Jan to 31 Dec on any day, at anywhere in the world. These are purely Compute Based Exams with a Duration of 2 Hours each.

        Yes! Indian CAs have 9 Papers (F1 to F9) exemptions and Indian CMAs having 5 year experience or more have the same exemptions. CMAs having below 5 year experience have to clear 6 Papers

        Only One Paper (F4) is EXEMPTED for CS Professional in ACCA and they have to clear 12 Papers to qualify.

        No. There is no EXEMPTION for CMA Inter qualified students in ACCA; but, they can check with the EXEMPTIONS CALCULATOR of ACCA website for Paper-wise Exemption, if updated recently.

        Both the types available in ACCA Course; since March 2020, even Strategic Professional Level Exams are being conducted on CBEs. Mostly, F1 to F9 exams are CBEs and choices are available for Pen & Paper Mode.

        HSC (+2) Passed students may clear all the 13 Papers in 18 to 24 months, if properly pre-planned and prepared as a student may appear for maximum of 8 Papers in a year. 4 Exams can be cleared in each Exam Session.

        Graduates with Exemptions (F1 to F4) should have to clear only 9 Papers; if they have pre-plan and proper coaching support like PR Academy, Coimbatore, they can finish it almost within 15 months.

        Neither Group nor Module system is available in ACCA; a student can opt for each individual Paper according to his/her convenience in any Exam Session in each Level, throughout the year. No Aggregate system in ACCA at any Level. A student has to score at least 50% in each Paper to clear the Paper.

        Before, during or After the ACCA exams; Indian CAs/CMAs are totally EXEMPTED from the ACCA Practical Training.

        Yes, our Articled Training of 3 years in our CA Course has been recognized for ACCA – PER and the same has been EXEMPTED in ACCA Course. Hence, Indian CAs/CMAs are not required to undergo the PER for 3 years once again.

        Yes, it is possible to get a BSc (Hons) in Applied Accounting from Oxford Brookes University and an MSc in Professional Accounting from London University; ACCA Members having 3 year experience may also get a Global MBA from Brookes University.

        At ACCA Approved Learning Partners Centre, our Indian students may attend the classes and appear for all 13 Papers, by both online and Pen & Paper Mode. Each exam centre and exam will be monitored through CCTV Camera through a separate server.

        As an ACCA, you do not have signing authority in India, and hence cannot sign audit reports and practice audit by setting up your own firm in India. However, there is no restriction to work in any Audit firm including Big4, Accountancy and Finance field in MNCs and other companies in India. There are ACCAs working in audit firms in India (including the Big 4) who can work as part of the audit team. The partner signing the audit report must be a member of the ICAI. But as a ACCA member, you will have signing authority in most other countries outside India including UK, EU, Canada, Australia, New Zealand, Middle east, Singapore, etc.ACCA Professionals have Signing Power more than 78 countries in Statutory Audit and can do their Self Practice in more than 35 countries in the world.

        ACCA has Statutory Power in 52 countries throughout the world. ACCA works through a network of over 104 offices and centres in 52 countries - with 323 Approved Learning Partners (ALP) and more than 7,300 Approved Employers worldwide, who provide employee development. The term 'Chartered' in ACCA qualification refers to the Royal Charter granted in 1974.

        Yes! it is an Approved Learning Centre for ACCA and any ACCA students can appear for On Demand Session

        Yes, obviously. Both Types of the classes available @ PR Academy

        ACCA classes are conducted only by the ACCA Qualified, CA Qualified professionals for all the Levels for 13 Papers. There is no compromise in Quality and Ethics at PR Academy for its all courses, which leads towards Golden Results, ultimately every year in every Batch.

        ACCA is based on international accounting standards, making it the only truly global professional accountancy qualification out there. Working with top employers, we've ensured that our syllabus gives you the skills and knowledge to be work-ready. When you study with ACCA, you can take your career in any direction. You open doors to the best and most interesting roles all over the world. And you become one of the sought-after finance professionals our fast-changing world needs.

        Yes, Indian students are most eligible for ACCA Course, if they possess a HSC (+2) PASS Certificate with 65% marks in English and Accounts or Maths and 50% marks in remaining subjects.

          Through FIA (Foundations in Accountancy) Route, even X standard students may enrol in ACCA and continue their ACCA course along with their regular academic courses and may take it along with their degree course.

        Most of the ACCA qualified professionals in India are employed with the Big 4s or MNCs. Employers in India have now become aware of ACCA qualification and are hiring them eagerly.

ACCA is represented on many committees and bodies around the world, including the following:

There are 4 Exam Sessions every year in ACCA and they are March, June, September, and December; exams are conducted for the Papers from F-5 to P-7 in these Sessions.