Leading Excellence in Accounting & Finance

ASSOCIATION OF CHARTERED CERTIFIED ACCOUNTANTS – ACCA (UK)

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Global Reach

ACCA (the Association of Chartered Certified Accountants) is the world’s largest and fastest-growing global professional accountancy body with 162,000 members and 428,000 students in 173 countries.

ACCA offers individuals with business-relevant, first-choice qualifications in accountancy, finance and management. ACCA works to strengthen a global profession based on the application of consistent standards, which best supports international business and the desire of talented people to have successful, international careers.

ACCA qualifications are based on international accounting standards making them globally relevant. In addition, these offer local law and tax options making the qualification locally relevant too. The qualifications are developed with employers, thereby providing individuals with the skills and knowledge to be work ready.

For more information visit: www.accaglobal.com

ACCA QualificationACCA is the world’s most forward-thinking professional accountancy body that offers opportunity to work in a variety of roles and industries with excellent financial rewards. This Global qualification consists of 14 subjects which are divided into two levels; Fundamentals (9 Subjects) & Professionals (5 Subjects).

ACCA offers candidates with prior background in accounting & finance studies a variety of flexible entry routes that recognizes their prior learning appropriately which enables them to progress through ACCA swiftly.

Awarding Body

About the Programme

Eligibility CriteriaTo be eligible for the ACCA qualification, applicants must meet one of the following requirements:

• Two A-Levels and three GCSEs or their equivalent (five separate subjects including English and Mathematics)

• Five CBSE subjects inclusive of English, Mathematics or Accounting. Minimum score for compulsory subjects should be above 65%, any other three subjects should be within a score of 50% and above. Average score of all five subjects should be above 50%.

• Bachelor’s degree (in any discipline) from a recognized institution

• Diploma in Accounting and Business – Foundation Level qualifications (ACCA)

• AAT Level 3 Diploma in Accounting Students who have a relevant degree from a university, may be eligible to claim

ACCA Examination Information

• A seven year time limit is imposed at the Professional Level. However, there are no time limits for passing the Foundation Level exams.• The pass mark is 50% for all ACCA exams• A maximum number of papers to be passed in a year is eight. • There are four examination cycles per year 1 January - 31 March 1 April - 31 June 1 July - 30 September 1 August - 31 December• Students must attempt the modules in order, however, they can attempt the papers in any order, within each module• Computer Based Exams (CBEs) are available for papers F1 to F4 of the Fundamentals level. CBEs can be given at any time during the year. • BIBF is an approved ACCA Computer Based Exam Centre.• Paper Based Exams (PBEs) are available for papers F5 to F9 of the Skills module as well as the Essentials and Options Module of the Professional level. The following are the exam registration deadlines:

Late *Early* Standard*

Mar 14 Nov 30 Jan 6 Feb

Jun 13 Feb 1 May 8 May

Sep 15 May 31 July 7 Aug

Dec 14 Aug 30 Oct 9 Oct

* Please re-confirm the date through the ACCA website.

Knowledge

Skills

F1Accountant in

Business

F4Corporate and Business Law

F7Financial Reporting

P1Governance,

Risk and Ethics

P4Advanced Financial Management

P5Advanced Performance Management

F2Management Accounting

F5Performance Management

F8Audit and Assurance

P2Corporate Reporting

+ Foundation in Professionalism

+ Professional Ethics Module

PROFESSIONAL (FIVE PAPERS IN TOTAL)

+ Practical Experience Requirement (PER)

*Students must ensure they meet the eligibility criteria of the OBU programme.Please refer the website (www.accaglobal.com) for further details.

ACCA member

Essentials

Options (two to be completed)

Award = Diploma in Accounting and Business

Award = Advanced Diploma in Accounting and BusinessBSc (Hons) in Applied Accounting - Oxford Brookes University*

F3Financial Accounting

F6Taxation

F9Financial Management

P3Business Analysis

P6Advanced Taxation

P7Advanced Audit and Assurance

FUNDAMENTALS (NINE PAPERS IN TOTAL)

ACCA MembershipTo qualify as an ACCA member, students will need to complete:

• Exams - 14 exams

• Ethics - the Professional Ethics module

• Experience - record 36 months experience in a relevant role

Professional Ethics ModuleAs part of their ethical development, ACCA students are required to complete the Professional Ethics Module. This online interactive module will give students exposure to a range of ethical perspectives and includes several self-tests which require students to reflect on their own ethical behaviour and values. Access to the module is provided to students as soon as they become eligible to take Paper P1, Governance, Risk and Ethics.

While students have the flexibility to complete the ethics module in their own time, it should be noted that ethics is one of the requirements of membership and it is therefore recommended that students take the Professional Ethics module at the same time as, or before, the Governance, Risk and Ethics paper. Students appearing for the Diploma in Accounting and Business, will need to complete the Foundations in Professionalism module as part of the requirements. The aim of this interactive component of the qualification is to help students develop an understanding of what it means to act professionally and ethically in the work they carry out.

Practical Experience Requirements (PER)To qualify as an ACCA member, students must complete ACCA’s practical experience requirements (PER).

It is important for students to know the practical application of the knowledge they have gained during the course of their studies.

ACCA students, are therefore required to complete three years’ practical experience before they can become ACCA members.

This experience, alongside the exams and ethical awareness, will mean students are fully prepared for a challenging career as a professional accountant.

To begin achieving the PER, students must:

• Complete 36 months’ employment in an accounting or finance- related role (s)

• Find a workplace mentor

• Achieve 13 performance objectives (including 9 essentials and 4 options)

• Record their progress using the online My Experience record

Please refer to the PER portal at: http://www.accaglobal.com/middle-east/en/employer/supporting-trainees/per.html

Our services:BIBF offers a comprehensive study programme and student support for the ACCA Qualification.

Tuition (classroom training of 60-70 hours) is available for all subjects of the qualification and covers review of the syllabus and practice exams.

Please refer below for fee details:BIBF Application Fee (first time applicants only): BD 25

ACCA exam preparatory course*

Knowledge level: BD 200 per paper

Skills level: BD 220 per paper

Professional level: BD 250 per paper

ACCA Intensive Revision (Master Classes)**

Fundamental level: BD125 Per Paper

Professional level: BD150 Per Paper

*The fee is inclusive of tuition and study materials only. Initial registration, subscription and paper based exam fees are payable to ACCA (UK) separately.

** The fee is Inclusive of tuition and class notes only.

Note: The applicant must register online as an ACCA student member prior to registering with the BIBF.

For further info, please visit: www.accaglobal.com

For further information, and to register:Please contact the Centre for Accounting & Finance

+973 1781 5555 / 6319

+973 1772 9928

Info@bibf.com or accounting@bibf.com

Leading Excellence in Accounting & Finance