ACCA Qualification structure and requirements | ACCA Global You also have the option to opt-out of these cookies. We provide training for all levels, and we offer four study methods to suit your lifestyle: OnDemand, Classroom, Live Online, and Distance Learning. Simply, if you are entering accountancy training with very limited accounting skills then it would make sense to pick up the AAT qualification first as it gives an unmatched introduction to the skills needed at a basic level. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". There is no degree that is equivalent to the ACCA qualification. That is the entire point of the qualification. The best you could get from any deg WebFoundation Level ACCA Diploma in Financial and Management Accounting (RQF Level 2 equivalent to GSCE and Irish NFQ Level 4) This ACCA diploma is awarded on the completion of exams (For course details: Click here) Recording Financial Transactions (FA1) Management Information (MA1) Can an ACCA affilate join CFA Course (1), St. Ann We therefore offer quality products at an affordable price. If you want to gain the OBU degree, at the same time as sitting your ACCA papers, all you have to do is undertake the Ethics and Professional Skills module and successfully undertake a research and analysis project. Validity: 19/01/2022 - 18/01/2026. What is the difference between online learning, distance learning and blended learning? (1), Clarendon (5), Accounting Officer WebACCA + Global MBA/Master in Finance and Investments Gain the focused accountancy skills of an ACCA qualification, and add the broader business and leadership expertise of a postgraduate degree. (2), Grenada Or become the financial authority for multiple industries within your role? Please note, that this is just an approximate idea of the levels and not an exact equivalence. (1), Education, Childcare & Training Students who qualify from this certification programme could work in one of the following positions: payroll administrator, finance assistant, payable clerk and accounts officer. The (15), Management Entry level 3 is the most difficult. You will need to have passed AAT Foundation or you may be exempt from Foundation if you have relevant work experience, or A Levels. If you work in accounts or have studied accountancy before, you may be able to start at this level, instead of doing Foundation first. Hi Nadia I pretty much agree with the comments from the other people who have responded to your answer. If your intention is to teach accounting at ACCA consists of three levels; Applied Knowledge, Applied Skills, and Strategic Professional, and youll need to complete relevant work experience at some point before you can qualify. Foundation Certificate in Bookkeeping (Level 2, CIB); Foundation Award in Accounting Software (Level 2, AIAS); Advanced Certificate in Bookkeeping (Level 3, CIB). Face to face learning, at a centre convenient to you. You can complete Applied Knowledge in six to 12 months. WebThe AAT qualification also touches on some of the course content from year 2 of the ACCA course, which can help ease you into your ACCA studies. This cookie is set by GDPR Cookie Consent plugin. Spring College International was established in 2001. (1), Production, Manufacturing & Materials This program is to prepare candidates who wish to be awarded the ACCA Diploma in Financial and Management Accounting (RQF Level 3) to pass both the FA2 and MA2 examinations and successfully complete the Foundations in Professionalism module. At this level, the type of exam requires more depth of answer including analysis and evaluation. This cookie is set by GDPR Cookie Consent plugin. (1), Legal You must choose two papers depending on what you are interested in studying and perhaps reflecting your future career choice. Which qualification should I study for my career goals? Again, these exams are taken at one of four sittings a year. Its made up of three levels - Foundation, Advanced and Professional. (9), St. Catherine The AAT qualification is perfect in that instance and, as stated earlier, it is highly sought after by employers. You must be logged in to reply to this topic. AAT is the lower level qualification designed to prepare the student for roles within an accounting environment. (3), St. Thomas (3), Internal Audit & Risk What is the equalance of ACCA for Canada express entry? Learn more, E-mail: info@lsbf.org.uk | 2003 2022 London School of Business & Finance. to become an accountant). The greatest glory in living lies not in never falling, but in rising every time we fall. Face to face learning, at a centre convenient to you. This website uses cookies to improve your experience while you navigate through the website. If you have two A Levels and three GCSEs, in five separate subjects including English and Maths, you can start studying ACCA. ACCA EQUIVALENT LEVELS TO CGA/CPA - Free ACCA These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Our tutors are subject specialists that teach These include how to prepare a trial balance, costing, how to use accountancy software and double-entry bookkeeping. By clicking Accept All, you consent to the use of ALL the cookies. The levels were the same and qualifications were described as an Award, Certificate or Diploma, but the qualifications on the QCF were also allocated a Total Qualification Time when they were transfered on to the RQF (which was completed by December 2017). After being chartered for five or more years you could look forward to leadership roles as a director, partner, head of finance or Chief Finance Officer. It is also quite common to start the ACCA qualification after university. Head Office: 11 Selsdon Way, London, E14 9GL ACCA Certificate in Audit (RQF Level 4) 5. All the best and Good Luck. Policies and Procedures: Admissions, Complaints & Attendance, International Telematic University UNINETTUNO, Postgraduate Certificate Programmes and Diplomas, Executive miniLLM in International Business Law, Business Administration & Project Management, Postgraduate Certificate or Diploma in Management, Postgraduate Certificate or Diploma in Finance, Postgraduate Certificate or Diploma in Marketing, ACCA + Global MBA/Master's in Finance and Investments, AAT Level 2 Foundation Certificate in Accounting, AAT Level 2 Foundation Certificate in Bookkeeping, AAT Level 3 Advance Diploma in Accounting, AAT Level 3 Advance Diploma in Bookkeeping, AAT Level 4 Professional Diploma in Accounting. AAT qualifications are a great way of enhancing your existing knowledge in accountancy and building on the skills required for a successful career in accountancy ACCA offers first-choice qualifications to people who seek a rewarding career in accountancy. (57), Agency (4), St. Michael Youll learn about budgeting, management accounting, preparing financial statements, accounting systems, and tax. Kaplan Financial Limited. and Experience: At least three years working experience in Accounting. That being said, the amount of studying required for AAT is less than that required by someone studying ACCA. When looking at ACCA, a whole different level of commitment is required. (1), Tunapuna/Piarco Plus the Foundations in Professionalism Module. Study where you want, when you want, online. The level goes from the lowest,least challenging Entry Level, up through thelevels tothe most challenging or difficult, which is aDoctorate at Level 8. (2), Temporary full-time It depends very much on the current academic status of the individual and their eventual goal. The Scottish Credit and Qualifications Framework (SCQF) applies to qualifications awarded by Scottish Awarding Organisations. Each entry level qualification is available at three sub-levels - 1, 2 and 3. Having a BSc in tandem with your ACCA Qualification can give you the edge over other professionals. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. ", "Very reliable company and very fast. While you're part-qualified, you'll typically work as an associate or an accounts clerk, and earn around 23,000. Most people complete this level within six to 12 months. It has a presence in over 90 countries and has more than 120,000 members. AAT is a technical level qualification, while the ACCA qualifications are at the professional level. Upon completion and passing the examination of Recording Financial Transactions (FA1) and Management Information (MA1), a certificate of ACCA Diploma in Financial and Management Accounting (RQF Level 2) will be awarded by ACCA Global. ACCA is globally recognised as one of the most popular accounting qualifications in the world. TheACCA courseis comprised of 14 papers that are categorised into four groups and three levels. What is the equivalent degree to an ACCA? - Quora Our capabilities go beyond HVAC ductwork fabrication, inquire about other specialty items you may need and we will be happy to try and accommodate your needs. (2), Agriculture ACCA is the most globally recognised accountancy qualification. ACCA We use some essential cookies to make this website work. (3), Accounts Supervisor (5), Auditing As such, the exams extend to a higher academic level that the AAT. However, you may visit "Cookie Settings" to provide a controlled consent. The AAT qualification is the start of an accountancy career for anyone without any previous experience. Great company and great staff. SCQF Level 7 is equivalent to RQF Level 4, SCQF Level 10 is equivalent to RQF Level 6 and SCQF Level 11 is equivalent to RQF Level 7. These cookies will be stored in your browser only with your consent. Each level takes around a year to complete. How to Utilize Your ACCA Qualification credits to Pursue Alternatively, if you have limited accounting knowledge, you may wish to start with AAT. (28), Port-of-Spain These cookies ensure basic functionalities and security features of the website, anonymously. All you need to do is sign up, and youll have access to some of the real study materials our students work with. It is the final AAT level, teaching you more complex accounting theory, and lets you choose two specialist subjects. The ACCA qualification trains students to become qualified accounting professionals with a broad understanding of current accounting practices, standards and tools. TheAAT Professional Diplomaequips students with skills and knowledge relating to complex accounting theories. The cookie is used to store the user consent for the cookies in the category "Performance". WebACCA qualification is made up of three levels: Applied Knowledge Applied Skills Strategic Professional Other ACCA courses Foundations ACCA Oxford Brookes BSc (Hons) in Applied Accounting 90k+ Salary within 5 years 96% Of employers think acca is a respected qualification 3 yrs Average time to complete 178 Countries ACCA operates in (1), Not disclosed (2), Dover Waterproofing Technologies Incorporated, Sector Team Lead - Accounts Payable, ANSA Motors Limited, Regency Recruitment and Resources Limited, Manpower & Maintenance Services Ltd Group. These include how to prepare a trial balance, costing, how to use accountancy software and double "Highly skilled sheet metal fabricators with all the correct machinery to fabricate just about anything you need. (6), 0 - 10000 Thus for UK qualifications: This means you can have various permutations of size and level. But overall, ACCA isnt a conventional degree. ACCA Level versus Degree versus Masters etc This month were celebrating two decades of partnership with Oxford Brookes University that has resulted in over 33,000 ACCA students gaining a BSc degree alongside their professional qualification. Accounting has always been a field thats associated with piles of paperwork, spreadsheet and staggering numbers. As you're part-qualified, you'll work as an associate or an accounts clerk, and earn around 23,000. Applied Knowledge helps you understand the role of accounting in the business environment, and develop the practical skills and techniques expected of an accountant working in business. The cookie is used to store the user consent for the cookies in the category "Other. (1), St. Peter New Q2022 syllabus for AAT is launching in 2022. (9), Telecoms You may be in a situation where you need a basic accounting understanding to allow you to run your own business or work within an accounting role. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. It shows commitment to learning; it proves a greater ability of research and investigation; and it also shows you can engage with finance and business dynamically and theoretically. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies.