ACCA Course Details 2024-25 | ACCA Course Details, Fee Structure - Price: Rs. 10000

ACCA Course Details 2024-25, Full Form, Eligibility, Duration, Fees, Exemptions, Subjects
Dreaming of a global career in finance? ACCA might be the perfect choice for you! In this blog, we will guide you through the basics of the ACCA course—what it is, who can apply, how much it costs, and the subjects you’ll study. Let’s explore how ACCA can help you reach your career goals.

What is ACCA?

ACCA stands for "Association of Chartered Certified Accountants."

It is a global organization that offers the 'Certified Chartered Accountant' qualification to students. ACCA teaches important skills in accounting, finance, and management. This course is for people who want to become chartered accountants and work in auditing, taxation, financial consulting, and management accounting.

ACCA is recognized worldwide, with over 200,000 members and 600,000 students in more than 180 countries, making it one of the largest accounting qualifications in the world.



ACCA Course Benefits
ACCA is a professional qualification similar to completing a full university degree. It follows international standards set by the International Federation of Accountants (IFAC) and is based on International Accounting and Auditing Standards.

The course is flexible, allowing students to study ACCA while completing their undergraduate degree. ACCA members are valued worldwide for their knowledge and skills in finance and accounting. Becoming an ACCA member opens up many opportunities, and learning continues throughout your career.

ACCA also has partnerships with employers globally, and the qualification is designed to give members the skills they need to work in different companies and job roles.


Who should study ACCA?
Students who want a career in accounting, finance, or auditing should consider studying ACCA. The course has flexible exams, making it easier for students to manage ACCA and graduation studies.

If you are already studying accounting, you may get exemptions from some exams. For example, B.Com or M.Com students can complete ACCA by taking fewer exams.

If you want to work in accounting, finance, or auditing at large companies or in the Big 4 firms, ACCA is a great choice.



ACCA Course Eligibility

To register for the ACCA qualification, students must pass their 12th grade exams with at least 65% in Mathematics/Accounts and English, and 50% in other subjects.

Students who have just completed their 10th-grade exams or don’t meet these requirements can still join ACCA through the Foundation in Accountancy (FIA) route.



ACCA Course Duration
The time it takes to complete the ACCA certification can vary. If you pass all exams on your first try, you can finish the course in 6 months to 3 years.

There are different stages in the ACCA course, and the time to complete it depends on when you start.

Below are details on the time and exemptions you get if you join after Grade 12, after graduation, or after passing different stages of the CA exam.



After 12th Class
You can start ACCA after finishing 12th grade. Students need to take all 13 exams in the ACCA syllabus, with no exemptions. It usually takes 2.5 to 3 years to complete the course, and it requires a lot of preparation.



After Graduation
If you have a bachelor’s degree, you can get exemptions from up to 5 of the 13 ACCA exams. For commerce graduates, you don’t have to take Business and Technology, Financial Accounting, Management Accounting, Corporate and Business Law and Taxation. This reduces the course duration to about 2 to 2.5 years.


After Chartered Accountancy (CA)
You can pursue ACCA after different stages of CA. Here’s a simplified overview:



After CA Foundation
If you clear the CA Foundation but haven't completed graduation, you won’t get any ACCA exemptions. However, once you complete your graduation, you can get the same exemptions as other graduates, reducing the ACCA course to about 2 to 2.5 years.



After CA Inter
If you've completed CA Inter, you can get exemptions from 5 ACCA exams: Business & Technology, Financial Accounting, Management Accounting, Audit & Assurance, and Taxation. This allows you to complete ACCA in about 1.5 to 2 years.



After CA Final
If you’ve passed CA Final, you can get exemptions from 9 out of 13 ACCA papers. These include Business and Technology, Financial Accounting, Management Accounting, Auditing and Assurance, Performance Management, Taxation, Corporate and Business Law, Financial Reporting, and Financial Management. With these exemptions, you can complete ACCA by taking the remaining 4 exams in about 1 to 1.5 years.



ACCA Fee Structure

The ACCA fees include registration, annual subscription, and exam fees:



Registration Fee

A one-time registration fee of about ₹ 3,000 (Approx).



Annual Membership Fee

You need to pay an annual membership fee of around ₹ 12,000 (approx) to stay registered and keep access to ACCA resources and services.



Exam Fees
Applied Knowledge Level: Each exam costs around ₹ 9,200.
Applied Skills Level: Each exam costs around ₹ 13,700.
Strategic Professional Level: Exams cost between ₹ 17,400 and ₹ 24,200.


Ethics and Professional Skills Module

This module costs around ₹8,000.



Exemption Fees

If you have a qualification that qualifies for ACCA exam exemptions, you’ll need to pay for each exemption:

Knowledge Test Exemption: Around ₹8,500 per exam.
Skills Test Exemption: Around ₹11,300 per exam.


ACCA Examination Details

Students can take up to four exams per session, which means you can do up to 8 exams in a year. You can choose any paper from each module in any order.

There are four exam sessions each year:

March
June
September
December


Exam Types:
Applied Knowledge Exams: Computer-Based Exams (CBE) that you can take anytime.
Applied Skills Exams: Scheduled Computer-Based Exams.
Essentials Exams: Scheduled Computer-Based Exams.
Option Exams: Scheduled Computer-Based Exams.
You can choose to take exams at a center or online from home.



ACCA Exam Pattern
The exam pattern varies by module, but here are some key points to remember:

Each exam has two/three sections:
Each exam paper is worth 100 marks.
You need to score at least 50% to pass.
There is no negative marking for incorrect answers.


How to Qualify for ACCA
To become an ACCA member, you need to:

Pass 13 Exams: ACCA may give you exemptions for up to 9 exams based on your previous qualifications.
Gain Experience: Record 36 months of work experience in a relevant role. You can gain this experience before, during, or after completing your exams.
Complete the Ethics and Professional Skills Modules.

What are the 13 ACCA subjects?
The 13 exams are divided into three levels:

Applied Knowledge
Applied Skills
Strategic Professional

Applied Knowledge Level:
Business and Technology (BT)
Management Accounting (MA)
Financial Accounting (FA)
When you pass BT, MA, and FA, and complete the Foundation in Professionalism, you get the