ACCOUNTING (ACCA)

LEVEL: 4
EXAMINING BOARD: AAT
TYPE OF STUDY: EVENING, DAY RELEASE
PASS RATE: 100% IN TX AND ATX IN 2018

The ACCA qualifications is recognised and recommended around the world. Based on international accounting standards, employers know that an ACCA qualification is a mark of professional excellence. The qualification is suitable for AAT qualified students who wish to progress to a chartered accountancy qualification. The ACCA qualification comprises of 10 professional exams as follows:

FUNDAMENTALS Skills

  • CW         Corporate and Business Law
  • PM         Performance Management
  • TX           Taxation
  • FR           Financial Reporting
  • AA          Audit and Assurance
  • FM         Financial Management

PROFESSIONAL Essentials

  • SBL         Strategic Business Leadership
  • SBR        Strategic Business Reporting

Options

  • ATX        Advanced Taxation*
  • AAA       Advanced Audit and Assurance *

*There are other options but we offer Advanced Audit and Tax. Our timetable is set so that students aim to qualify in just over three years. There is no particular best order in which to tackle the skills exams and they do not have to be undertaken chronologically. We alternate the subjects we offer at skills level annually, for example we will offer FM, AA and FR in 2019/20 and then LW, TX and PM in 2020/2021. All professional exams are offered each year. In order to achieve an appropriate balance between employer and student needs, our classes run from 1.45pm – 8.00pm one day a week (currently Thursdays). The course at Huish is taught by qualified experienced accountants/tutors giving pass rates that always exceed the national averages; up to 100% on some units. In addition to passing exams, you will need to complete an ethics and professional skills module. Once qualified, ACCA members advance to senior financial and management positions with strong earning potential. In addition to accountancy and tax practice, you will have the choice of working in many different financial roles within a variety of private and public sector organisations.

 

GCSE grade C/4 in English and Mathematics preferred. AAT Advanced Diploma in Accounting or equivalent bookkeeping/accounting competence.

Skills units are £795 each and professional units £995, these costs include all books and materials. Exams are at an additional cost, the fees for these are in the region of £150 each and annual membership of ACCA is £97 (initial registration free £79). These costs are payable directly to ACCA. 
The advanced learner loan is not available for this qualification.
Click here for further information about Finance and Bursaries.

How will I be taught?

Teaching is by lectures with worked examples and hands on practice.

When can I start?

Students may start in early September or December.

What is day release?

Day release is ideal for those who prefer the discipline of weekly classes with face to face tutor contact. There is a set timetable of teaching and exams and students generally complete their qualification with better pass rates and more quickly this way. A ‘day’ typically runs from 9am – 2pm and there is still an expectation that students will do some work at home to embed learning and revise.

How much work will I need to do at home?

This varies but we suggest in the region of 12-15 hours a week on average on top of the lesson with a higher proportion being in the few weeks preceding an exam.

Click here to view further information about our professional courses.