Sign up for our newsletter!
Want to stay up-to-date on industry trends?
ACCA Foundation Diploma
The ACCA Professional Qualification is one of the most respected accounting qualifications in the world. However, to start this qualification, students must have two A-levels and three GCSEs or their equivalent in five separate subjects, including English and math (or equivalent qualifications) or a bachelor's degree from a university.
If you do not have these above qualifications, then you must first complete the ACCA Foundation Diploma, and after that, you can start your ACCA Professional Qualification.
If you are new to ACCA, then there must be many questions in your mind that need answers. We have collected some frequently asked questions below to answer your queries. If you still have any other questions, you can send us an email for further information or to book an online meeting. Please send email at [email protected]
If you have three O Levels or Matriculation or Intermediate or ten years of school education, then you can start your ACCA Foundation Diploma. It is considered a fast track to ACCA qualification.
After completing the Foundation Diploma , you will continue the ACCA Qualification from level 2 of ACCA.
There are seven courses in total
1. FA1 - Recording Financial Transactions
2. MA1 - Management Information
3. FA2 - Maintaining Financial Records
4. MA2 - Managing Costs and Finance 5. FBT - Foundation in Business and Technology
6. FMA - Foundation in Management Accounting
7. FFA - Foundation in Financial Accounting
Once you have completed the Foundation Diploma (seven exams), you will be automatically transferred to the ACCA Qualification and given exemption from the first three exams of knowledge level ACCA BT MA and FA that you would have passed in FIA.
To register for the Foundation Diploma, you will need to start your online application on the ACCA website. You will need to select 'Foundations in Accountancy' during the application process. You will need to pay an initial registration fee when you apply.
You will also need to pay an annual subscription fee each year to keep your student status active. You can request that VERTEX LEARNING assist you with the application process.
You can start your registration at any time. Your application will take approximately ten days to process.
You can book your exam after you are done with preparation.
Make sure to have an active registered account with ACCA. Computer-based exams (CBEs) are held for the Foundation Diploma. You can sit on these at any time of the year. Simply find a CBE center near your location (search on Google) and pay them directly to book the exam you wish to sit for.
There’s no time limit on completing the exams, so you really can fit studying around your work and personal life. Students normally complete Foundation Diploma in twelve to fifteen months.
It is suggested that students who do not have prior accounting knowledge should begin with FA1 or MA1. Therefore, ACCA strongly recommends students take FA1 and MA1 before moving onto FA2 and MA2 and finally to B&T, FMA, and FFA.
There are two types of ACCA fees:
1. Initial Student Registration Fee. This is paid once at the time of online registration. It differs from country to country. The minimum registration fee is 45 GBP (British pounds), and it ranges up to 79 GBP.
2. Annual Subscription Fee. This is paid each year to keep registration status active. Currently the annual subscription fee is 112 GBP.
Fees can be submitted by an active debit/credit card open for international transactions. We at Vertex can also arrange fee transfer for registration purposes.
The tuition fee for exam preparation varies from institute to institute. Vertex Learning Solution charges a fee between 60 and 90 USD per course.
ACCA Professional Qualification
The ACCA qualification is a professional accounting qualification that’s awarded by the Association of Chartered Certified Accountants (https://accaglobal.com), the most widely recognized international accounting body.
This qualification gives you the ultimate flexibility when it comes to practicing your career. Students will need to pass 13 exams to become a chartered certified accountant. ACCA is one of the most respected qualifications that is globally recognized.
ACCA Professional Qualification
To join ACCA Professional Qualification you need to have either A Levels complete or a bachelor's degree (university degree; specialization is not important)
ACCA Foundation Diploma (AFD)
To enroll in the ACCA Qualification at the Fundamentals level, you need a relevant secondary school education covering five separate subjects, which must include English and mathematics. Check if your qualifications meet our minimum entry requirements
You are required to submit copies of the following:
1. Official educational documents, e.g., completion certificates and transcripts detailing the modules studied
2. Proof of identity (copy of birth certificate/passport/National ID Card or driver's license) Passport-style photograph
Please note that where documents have been issued in a language other than English, we require a photocopy of the original language documents and a copy of an official English translation. Ready to apply? Start your application today
The online application should take no more than 15 minutes to complete, providing you have all the documents you need ready before you start. You can also save a part-complete application and return to it a later date. You will then be sent a communication via email or letter confirming your application has been processed. Usually you get your student ID within ten days
The information below explains what fees are payable to ACCA students and when they must be paid. For a full list of current prices, please visit the fees section of the main ACCA website.
Initial Registration Fee: Between 45 GBP and 89 GBP depending on your country.
Annual Subscription Fee: 122 GBP payable in January every year as long as you continue your education.
Exemption fees If you are awarded any exemptions, these will be charged at the early exam entry rate for that paper.
In order to complete the ACCA Qualification and qualify as an ACCA member, you will need to complete: 13 exams (students with prior qualifications may be able to claim exemptions from some exams at Fundamentals level) three years' practical work experience the Ethics and Professional Skills module
ACCA exams are divided into two categories. CBE and session-based.
CBE: There are four papers included in CBE, which are ACCA BT, MA, FA, and LW. There is no fixed date for these exams, and you can take them anytime in the year. You can book an exam date with an exam center near your location and pay them locally. Results are given immediately as soon as you finish and submit the exam.
Session-Based Exams: All other ACCA exams are session-based. There are four ACCA exam sessions in the first week of March, June, Sept, and Dec. The result is sent to your email or SMS after six weeks.
If you have a bachelor's degree, you need to pass thirteen exams; you may receive some papers exempted depending on your university. It takes approximately 2.5 to 3 years.
1. ACCA Registration Fee: between 45 GBP and 79 GBP, depending on your country.
2. ACCA Exam Fee: Approximately USD 100 to 150 depending on different papers. 13 exams mean approximately 1800 USD over a period of three years as you complete your qualification.
3. Tuition Fee: Depends on where you take tuition or exam preparation.
Level I - Applied Knowledge module
1. Business and Technology (BT)
2. Management Accounting (MA)
3. Financial Accounting (FA)
Level II - Applied Skills module
4. Corporate and Business Law (LW)
5. Performance Management (PM) 6. Taxation (TX)
7. Financial Reporting (FR)
8. Audit and Assurance (AA)
9. Financial Management (FM)
Level III - Strategic Professional (Students must complete 2 Essentials and 2 from Optional Papers)
10. Strategic Business Leader - Essentials
11. Strategic Business Reporting - Essentials
12. Advanced Financial Management (AFM) - Optional
13. Advanced Performance Management (APM) - Optional
14. Advanced Taxation (ATX) - Optional
15. Advanced Audit and Assurance (AAA) - Optional
Best Sequence of ACCA Skills Level Exam
Best Sequence of ACCA Professional Exam
ACCA Exam Preparation Process
Best Sequence of ACCA Professional Exam