In order to qualify as an ACCA member, you need to complete 14 examinations (students holding relevant university degrees may be exempted from 9 exams), relevant practical work experience, and an Ethics Module.
Examinations are held in the first two weeks of June and December every year. Students are permitted to sit a maximum of 4 examinations per session. Paper F1 Accountant in Business, F2 Management Accounting, and F3 Financial Accounting may be sat at any time during the year as Computer Based Examinations (CBE).
Before applying for ACCA Membership, the Professional Ethics Module must be completed. It is an online training system designed to expose students to a range of ethical perspectives. You receive access to the module once you are eligible to sit paper P1 Governance, Risk and Ethics. It is highly recommended that student sit the module before or at the same time as their training for the P1 examination.
A key component of the ACCA Qualification is gaining relevant practical experience. The ACCA Qualification will prepare you for a challenging and often demanding career as a professional accountant and, like all professions, it is not sufficient to solely rely on theoretical knowledge developed through an exam process to help achieve this.
Students are required to complete 3 years of relevant practical experience to achieve 13 performance objectives (9 Essential objectives and 4 out of 11 options).