ACCA Exemptions based on the previous qualification
ACCA is one of the most sought after qualifications in the field of Accounting and Finance. ACCA conducts examinations and certifies professionals for their accounting skills and knowledge. ACCA One of the important reasons of this qualification being widely recognized around the globe is due to the ACCA Exemptions.
In order to get ACCA qualification, one needs focused preparation to pass the 14 papers categorized in knowledge, skills and professional level. Below mentioned is the ACCA papers list:
The 14 papers mentioned in ACCA papers list are compulsory to become an ACCA qualified member. But, if one holds some qualifications in accounting beforehand, then he can request for ACCA exemptions, i.e. exemption from appearing certain papers.
ACCA exemptions allow one to skip the subjects that they already have certifications in. This means that one can start the preparations at the right level, which ultimately gears up the process and hence, one easily gets the ACCA certification within 2 years. The exemption can be claimed if one has recently achieved a qualification. However, if one has worked in a different field other than accountancy or gained the qualification years ago, he shall not be granted the exemptions.
ACCA Exemptions based on the previous qualification awarded in India
Refer the ACCA Paper list to know your ACCA Exemption:
|Previous Qualification||ACCA Exemptions|
|MBA/BBM Finance||F1, F2, F3|
|B. Com/ M. Com||F1, F2, F3, F4|
|CA IPCC Qualified||F1, F2, F3, F6, F8|
|CA IPCC Pursuing||F1, F2, F3, F6/ F8|
|CA Professionals||F1-F9 – All Papers CA Final Student Qualified IPCC benefits +|
F5 (if cleared AMA), F7 (if cleared FR), F9 (if cleared SFM)
|CMA Final Pass with > 5yrs Work Exp.||F1-F9 – All Papers|
|CMA Final Pass with< 5yrs Work Exp.||F1,F2,F3,F4,F6,F7,F9|
ACCA Exemptions are not allowed for professional level papers.
About ACCA Exemption Database & Exemption Check
ACCA exemptions check has been made easy. ACCA exemption database provides complete information regarding the exemption that one claim.Visit
Visit: ACCA exemption database
ACCA Exemption Fees:
Although one can get ACCA exemptions based on the previous qualification, he has to make the payment for the same. The ACCA exemption fees have been pre-decided by the ACCA body based on the country one belongs to.
|ACCA Exam Level||ACCA Exemption Fees|
|Knowledge Level Papers||£72|
|Skill Level Papers||£97|
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