ACCA- the way through
Many a times I have been asked series of questions bordering the minds of many Nigerians who wants to choose the Association of Chartered Certified Accountants (ACCA) as their route to becoming a chartered certified accountant (CCA).
Therefore, I decided to create a blog that will be able to meet up with what I will call the frequently asked questions (FAQ).
ACCA- Association of Chartered Certified Accountant is a professional body for the registration and certification of Accountants to having a global reputation through International Accounting Standard (IAS) and it’s headquartered in the United Kingdom (UK).
To drive the nail through….I have compiled a list FAQ and provided answers too.
FAQ:
Q: What is ACCA?
ANS: Association of Chartered Certified Accountants
Q: What is ACCA about?
ANS: It is a body of professional accountants that award the chartered status to deserving individual without discrimination of any sort.
Q: Who can be a member?
ANS: Anybody that has gone through the Certified Accounting Technician (CAT), Older than 21 years or currently is studying in a tertiary Institution.
Q: What are the entry routes?
ANS: Mature student entry route (for persons 21 years above), CAT finalist route and the undergraduate or graduate applicant route.
Q: How to register?
ANS: Visit www.accaglobal.com and click ‘APPLY NOW’ on the homepage. Follow the step by step instructions that should guide you to successfully send your application. It might take three weeks or more to get you fully registered.
When can or should I register?
ANS: You should register just when you are ready to start the ACCA program. If you intend to start with the June exam, ensure you register latest by February.
Q: How many stages
ANS: There are four stages, viz-
-Foundation in accounting stage
-Skill stage
-Knowledge stage
-Professional stage
Q: How many diets in a year?
ANS: There are currently two (2) diets or what you will call sittings. The first in the year is June and the second is in December. You can write a maximum of 4 papers per diet and there is no minimum. So u can write when you feel like.
Q: How many papers in all?
ANS: There are a total of 16 papers from the skill stage to the professional stage. The skill stage has 3 papers; knowledge stage has 6 papers while the professional stage has 7 papers. However, only two papers in the professional stage is compulsory while the remaining four (4) are optional.
Q: What is the cost?
ANS: Every ACCA student is expected to pay annual tuition fee of about £79 once every year and pay about same for each paper you intend to write.
Q: Where can I study?
ANS: If you are like me, you can study on your own by reading up study packs that usually include the study text and a revision kit. Otherwise, you can register with an accredited ACCA tuition Centre with a proven track history.
Q: Can I get affordable study materials in Nigeria?
ANS: Yes you can get the study pack from some book shopping outlet. However, you are only expected to study the material published in the year you intend to write your exam as text syllabus are constantly updated.
Q: How relevant is it in the Nigerian Labor market?
ANS: ACCA is one of the leading and most recognized accounting professional body with an international reputation.
Q: Can I work anywhere in the world?
ANS: Yes you can work in any country as a chartered accountant as long as they practice international accounting standard.
Q: Where can I sit for exams?
ANS: There are currently 3 examination regions in Nigeria, this include Abuja, Lagos and Portharcourt. So you can choose a region most convenient for you to write exam.
Is there a time limit?
ANS: Yes, there is a time limit within which you must finish your ACCA or loose the opportunity to still be a student in the ACCA scheme. The 10 years period starts from when you register to the 120 month when you will no longer have the opportunity to put in for exams if you have not finished all papers.
For more information, post your comments and I’ll respond appropriately.
GOODLUCK!!!
Many a times I have been asked series of questions bordering the minds of many Nigerians who wants to choose the Association of Chartered Certified Accountants (ACCA) as their route to becoming a chartered certified accountant (CCA).
Therefore, I decided to create a blog that will be able to meet up with what I will call the frequently asked questions (FAQ).
ACCA- Association of Chartered Certified Accountant is a professional body for the registration and certification of Accountants to having a global reputation through International Accounting Standard (IAS) and it’s headquartered in the United Kingdom (UK).
To drive the nail through….I have compiled a list FAQ and provided answers too.
FAQ:
Q: What is ACCA?
ANS: Association of Chartered Certified Accountants
Q: What is ACCA about?
ANS: It is a body of professional accountants that award the chartered status to deserving individual without discrimination of any sort.
Q: Who can be a member?
ANS: Anybody that has gone through the Certified Accounting Technician (CAT), Older than 21 years or currently is studying in a tertiary Institution.
Q: What are the entry routes?
ANS: Mature student entry route (for persons 21 years above), CAT finalist route and the undergraduate or graduate applicant route.
Q: How to register?
ANS: Visit www.accaglobal.com and click ‘APPLY NOW’ on the homepage. Follow the step by step instructions that should guide you to successfully send your application. It might take three weeks or more to get you fully registered.
When can or should I register?
ANS: You should register just when you are ready to start the ACCA program. If you intend to start with the June exam, ensure you register latest by February.
Q: How many stages
ANS: There are four stages, viz-
-Foundation in accounting stage
-Skill stage
-Knowledge stage
-Professional stage
Q: How many diets in a year?
ANS: There are currently two (2) diets or what you will call sittings. The first in the year is June and the second is in December. You can write a maximum of 4 papers per diet and there is no minimum. So u can write when you feel like.
Q: How many papers in all?
ANS: There are a total of 16 papers from the skill stage to the professional stage. The skill stage has 3 papers; knowledge stage has 6 papers while the professional stage has 7 papers. However, only two papers in the professional stage is compulsory while the remaining four (4) are optional.
Q: What is the cost?
ANS: Every ACCA student is expected to pay annual tuition fee of about £79 once every year and pay about same for each paper you intend to write.
Q: Where can I study?
ANS: If you are like me, you can study on your own by reading up study packs that usually include the study text and a revision kit. Otherwise, you can register with an accredited ACCA tuition Centre with a proven track history.
Q: Can I get affordable study materials in Nigeria?
ANS: Yes you can get the study pack from some book shopping outlet. However, you are only expected to study the material published in the year you intend to write your exam as text syllabus are constantly updated.
Q: How relevant is it in the Nigerian Labor market?
ANS: ACCA is one of the leading and most recognized accounting professional body with an international reputation.
Q: Can I work anywhere in the world?
ANS: Yes you can work in any country as a chartered accountant as long as they practice international accounting standard.
Q: Where can I sit for exams?
ANS: There are currently 3 examination regions in Nigeria, this include Abuja, Lagos and Portharcourt. So you can choose a region most convenient for you to write exam.
Is there a time limit?
ANS: Yes, there is a time limit within which you must finish your ACCA or loose the opportunity to still be a student in the ACCA scheme. The 10 years period starts from when you register to the 120 month when you will no longer have the opportunity to put in for exams if you have not finished all papers.
For more information, post your comments and I’ll respond appropriately.
GOODLUCK!!!
