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What is ACCA exam?
The Association of Chartered Certified Accountants (ACCA) exam is a globally recognized professional qualification for individuals aspiring to pursue a career in accounting, finance, or business. ACCA’s exam thoroughly covers accounting principles, finance, audit, tax, and business strategy.
It is designed to equip candidates with the necessary skills and knowledge to excel in the dynamic world of finance and accounting. The qualification is widely respected by employer’s worldwide, opening doors to diverse career opportunities in various industries.
The ACCA exam consists of a series of modules, each focusing on different areas of expertise. Candidates progress through the levels, starting with the Applied Knowledge exams, followed by the Applied Skills exams, and concluding with the Strategic Professional exams. The exams assess not only technical knowledge but also the application of that knowledge in real-world scenarios.
Passing ACCA exams and gaining relevant experience results in ACCA membership, conferring the prestigious title of Chartered Certified Accountant. ACCA qualification is globally recognized, offering a path to a successful career in accounting and finance.
Cost of ACCA Exams
The cost of taking the ACCA (Association of Chartered Certified Accountants) exams involves several components, including registration fees, exam fees, exemption fees, and membership fees.
Registration and Subscription Fees
- Initial Registration Fee: £89 (one-time fee when you first register with ACCA).
- Annual Subscription Fee: £134 (required each year to maintain your student status). This fee must be paid even if you do not sit for any exams in that year.
Exam Fees
Applied Skills Exams
- Standard Entry Fee: £154 per exam.
- Late Entry Fee (Remote): £154.
- Late Entry Fee (In-Centre): £392.
Strategic Professional Exams
– Strategic Business Leader (SBL):
- Standard Entry: £263
- Late Entry (Remote): £263
- Late Entry (In-Centre): £424
Strategic Business Reporting (SBR)
- Standard Entry: £204
- Late Entry (Remote): £204
- Late Entry (In-Centre): £424
Optional Papers (AFM, APM, ATX, AAA):
- Standard Entry: £204 each
- Late Entry (Remote): £204 each
- Late Entry (In-Centre): £424 each
Ethics and Professional Skills Module
- Cost: £75 (required before progressing to Strategic Professional exams).
Exemption Fees
If you have prior qualifications that allow you to skip certain exams, you will need to pay exemption fees:
- Applied Knowledge: £98 per exemption.
- Applied Skills: £123 per exemption.
Membership Fees
Once you have completed all exams, the Professional Ethics module, and the required practical experience, you can apply for ACCA membership:
- Admission Fee: £283 (one-time fee).
- Annual Subscription Fee: £283 (required each year to maintain membership).
Retake Costs
If you fail your exam and need to retake it, you will be required to pay the standard exam fees again, as there are no discounts available for retakes.
Check Out: How Many Times Can you fail an ACCA Exam
How Difficult are the ACCA Exams
ACCA exams demand intellectual rigor and a deep understanding of complex accounting, establishing a reputation for their challenging nature. The difficulty of the ACCA exams is a common concern among candidates, and various factors contribute to this perception.
Structure of the ACCA Qualification
To achieve ACCA membership, candidates must complete:
- 14 exams divided into three levels: Applied Knowledge, Applied Skills, and Strategic Professional.
- A professional ethics module.
- Three years of practical experience in accounting or finance.
The exams cover a broad range of topics, including financial accounting, management accounting, taxation, audit, and financial management, which can be daunting due to the extensive syllabus.
Factors Contributing to Exam Difficulty
- Extensive Syllabus: The ACCA syllabus is comprehensive, requiring candidates to master a wide array of accounting principles and practices. This breadth of content necessitates significant study time and effort.
- Exam Format and Duration: The exams are structured to test both theoretical knowledge and practical application. Candidates must manage their time effectively during the exam to complete all sections, which can add to the pressure.
- Pass Rates: Some ACCA papers have low pass rates, sometimes as low as 30%, indicating the level of challenge involved. This can create anxiety for candidates, especially those balancing study with work commitments. Find out: What is the Hardest Exam in ACCA?
- Personal Commitment: The ACCA qualification demands a high level of dedication, often requiring candidates to sacrifice personal time and manage stress effectively. Many candidates report feeling overwhelmed, particularly as exams approach.
- Retake Policies: While candidates can retake exams they have not passed, the need for repeated attempts can be discouraging. However, retaking allows for focused improvement on specific subjects.
Since the ACCA exams demand intellectual rigor and a deep understanding of complex accounting and financial concepts, examHelpPro.com simplifies this intricate process by providing the easiest way to get ACCA.
Where and How to Take the ACCA Exams
Candidates looking to take the ACCA exams have several options regarding locations and formats.
Exam Centres
ACCA exams can be taken at approved exam centres around the world. These centres offer both on-demand and session-based exams.
- Global Availability: ACCA has a network of exam centres in various countries, making it accessible for candidates worldwide.
- On-Demand Exams: In many locations, candidates can take on-demand exams, which allows for greater flexibility in scheduling.
- Session Exams: Traditional session exams are also available, typically scheduled twice a year, in June and December.
Candidates can find a comprehensive list of exam centres , which includes contact information and addresses for each location.
Remote Exam Options
Can I take the ACCA at home? Yes, in addition to physical exam centres, ACCA offers remote exam options in certain regions. This is particularly beneficial for candidates who may not have a nearby exam centre or prefer to take exams from home. However, candidates must meet specific technical and environmental requirements to qualify for remote exams.
Choosing the Right Centre
When selecting an exam centre, consider the following:
- Proximity: Choose a centre that is conveniently located to minimize travel stress on exam day.
- Facilities: Ensure the centre has the necessary facilities and a conducive environment for taking exams.
- Availability: Check the availability of your preferred exam dates and formats at the chosen centre.
Can I Cheat on the ACCA Exam?
The answer is Yes, due to the challenging nature of the ACCA, many candidates contemplate cheating on the exam. There are various methods to cheat on the ACCA without detection. Let’s focus on the most effective method—one with minimal risk of being caught.
Hiring Someone to Take your ACCA Exam
This is the most effective way to cheat on your ACCA exam without getting caught.
We’ve crafted an advanced technology setup that effectively circumvents the online ACCA Exam. Through a secure remote connection to your device, our adept tutors can select answers while Proctortrack monitors you via webcam, screen, microphone, and other checks.
Our remote solution allows tutors to complete online tests for you. This capability to bypass Proctortrack is the outcome of thorough research and development, providing clients a straightforward path to paying for and passing ACCA Exams without exhaustive study.
How Does it Work?
Upon enrolling in our service to pay someone take your ACCA exam for you, we will arrange available time slots for our expert tutors and technical support team to conduct the exam on your behalf.
Approximately an hour before your scheduled exam, our team will connect remotely to your computer for setup. This includes configuring the testing system and performing system checks to ensure smooth functionality during the exam.
During the exam, you will handle initial procedures such as identity verification and hardware setup. Once ready, our remote proctor will input the necessary password to start the exam. They will monitor the questions on your screen in real-time via our software and provide accurate answers.
To your proctor, it will seem as though you are actively participating, while our team manages the process. Your role is to remain present at your screen and simulate engagement with the exam content.
We Offer the Best Solution to ACCA Exams
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