The only required order is that the F papers must be sat before the P papers. Students can however choose any order they like within the F and P papers.
If you are progressing from AAT Level 4, it sometimes helps to start with more familiar modules such as F5 Performance Management, F7 Financial Reporting or F6 Taxation (if the Personal Tax option was studied at Level 4). Some students prefer to combine more wordy papers (e.g. F4 Law and F8 Audit) with one of the numerical papers, but otherwise there is a free choice.
On the P papers, it is advisable to have studied P3 Business Analysis before embarking on P5 Advanced Performance Management, but otherwise, these can be sat in any order. Most students prefer to focus on the optional papers last due to the significantly lower pass rates.
The ACCA exam entry fees vary depending on how long before the exam you enter. All exam fees for Papers F5 to P7 are payable directly to the ACCA. Please see the ACCA website for details of their fees.
ACCA Papers F1 to F4 are computerised and can be sat here at Vale Financial Training. Please see our CBE page for more details.
Yes, all of our course fees include a Study Text, Exam Kit with practice past exam questions and Pocket Notes which are useful in revision. You will also receive study notes from your course tutor relevant to each lecture.
On average, students take between three and four years to qualify.
However, this is very much dependent on the individual student and their previous study history. Those with AAT Level 4 will be exempt from papers F1 to F3 and therefore have 11 exams to pass. Graduates with a relevant degree will have exemptions from a number of papers, some only have to pass the professional papers to qualify.
There are now four exam sittings which means that whilst the overall time to pass the exams may not change significantly, it does mean it is possible to resit an exam whilst continuing with the next paper(s).
Students who sit two papers at each exam sitting will invariably qualify sooner that those taking one at a time.
ACCA is a very flexible qualification and does allow students to take breaks for busy work periods, moving house, having children etc. without any penalty. The only time restrictions are that the P papers should be sat and passed within 7 years of passing the first P paper.
ACCA is a globally recognised qualification.
ACCA offers accountants greater flexibility in their careers. The qualification is suitable for accountants wishing to work in practice and for those who prefer industry. There is a greater breadth of material studied as the modules include Audit and Tax which will help broaden experience and expertise in the workplace.