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ACCA: Association of Chartered Certified Accountants

The ACCA qualification is a globally recognized benchmark for excellence in finance and accounting. It is designed to equip students with a comprehensive range of technical and strategic skills, covering everything from foundational accounting to advanced leadership.

Course Structure (13 Papers)
  • The ACCA journey is divided into three distinct levels, totaling 13 exams, plus a mandatory ethics module.

Applied Knowledge Level (3 Papers)
Introductory level focused on fundamental business and accounting principles.

  • BT: Business and Technology
  • MA: Management Accounting
  • FA: Financial Accounting

Applied Skills Level (6 Papers)
Building core technical skills required for finance professionals.

  • LW: Corporate and Business Law
  • PM: Performance Management
  • TX: Taxation
  • FR: Financial Reporting
  • AA: Audit and Assurance
  • FM: Financial Management

Strategic Professional Level (4 Papers)
Advanced level focusing on strategic leadership and professional judgment.

  • Essentials (Both Compulsory):
    SBL: Strategic Business Leader
    SBR: Strategic Business Reporting
  • Options (Choose 2 of 4): AFM: Advanced Financial Management
    APM: Advanced Performance Management
    ATX: Advanced Taxation
    AAA: Advanced Audit and Assurance

Exemptions for Commerce Students (Up to 9 Papers)
ACCA recognizes prior learning, allowing you to skip certain exams based on your previous qualifications.


Exam Pattern & Passing Criteria
  • Mode: All exams are Computer-Based (CBE).
  • Passing Mark: 50% for all papers.
  • Negative Marking: No negative marking at any level.
  • Exam Sessions: Held quarterly in March, June, September, and December. (Knowledge level and LW are available On-Demand).

The Shetes Institute Advantage
  • We provide specialized guidance for Commerce graduates looking to leverage their CA/CMA background to fast-track their ACCA qualification. Our mentors, including CA's, help you master the high-level Strategic Professional papers where no exemptions are available.