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ACCA

ASSOCIATION OF CHARTERED CERTIFIED
ACCOUNTANTS (ACCA)

History and standing
ACCA is the largest and fastest growing global professional accountancy body in the world, with over 320,000 members and students in 170 countries. ACCA has an extensive network of almost 80 staffed offices and other centres around the world.

LSMT is a tuition provider for ACCA courses and for more information, please, visit the ACCA website.

Fundamentals level
The Fundamentals level is divided into two modules - Knowledge and Skills. The Knowledge module (F1-F3) introduces students to the core areas of financial and management accounting. This provides the platform from which the other technical accountancy areas will be studied in greater detail in the Skills module. The Skills module (F4-F9) contains six subjects which comprehensively cover the main technical areas that any accountant - regardless of their future career aspirations - are expected to have mastered. These comprise law, performance management, taxation, financial reporting, auditing, and financial management.

Professional level
The Professional level is divided into two modules - Essentials (P1-P3) and Options (P4-P7). Both modules have been set at an intellectual level equivalent to that expected of a student taking a Masters degree. The focus of the syllabus at this level is to build upon the technical skills already acquired, and explore more advanced professional skills, techniques, and values that are required and used by the expert accountant acting in an advisory or consultancy role at a senior level. All students must complete the three papers in the Essentials module. The Options module contains four papers.

More information can be assessed on www.accaglobal.com