Chartered Accountancy is one of the prestigious designation know worldwide. It provides students with the skills and knowledge pertinent to any business. With growing demand in the financial market, the demand for ACCA has increased, ultimately leading to more number of students taking up the ACCA exam. One of these countries is Nigeria. Hence, in this article, we shall discuss ACCA Nigeria and the career opportunities one can find.
ACCA exam is held at three different levels: Knowledge, Skills and Professional with a total of 14 papers. The exam is conducted 4 times a year in the month of March, June, September and December. The following are the subjects covered under ACCA exam:
F1 Accountant in Business (AB)
F2 Management Accounting (MA)
F3 Financial Accounting (FA)
F4 Corporate and Business Law (CL)
F5 Performance Management (PM)
F6 Taxation (TX)
F7 Financial Reporting (FR)
F8 Audit and Assurance (AA)
F9 Financial Management (FM)
P1 Governance, Risks and Ethics
P2 Corporate Reporting (CR)
P3 Business Analysis (BA)
Options (two to be completed)
P4 Advanced Financial Management (AFM)
P5 Advanced Performance Management (APM)
P6 Advanced Taxation (ATX)
P7 Advanced Audit and Assurance (AAA)
ACCA Registration in Nigeria
The ACCA registration in Nigeria is similar to the other countries. The process includes filling up basic details like personal information, qualification, providing address proof, id proofs, etc. Furthermore, one of the most important steps of ACCA registration is claiming exemptions based on the prior qualification. This helps students accelerate the rate of completing the ACCA qualification. After the ACCA registration in Nigeria, the next step is to make the payment. The fees depend on the exam paper or the exemption.
After the completion of 14 papers, the student becomes ACCA Affiliate. The next step is to clear the Ethics module and gain 3 years of professional experience in accounting or finance.
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