ACCA: Association of Chartered Certified Accountants
ACCA is headquartered in UK and was founded in 1904. In 2013 it had 428,000 students; 7,000 of them in Kenya.
Global presence in 187 countries, support from 81 offices and partnership with thousands of tuition providers.
There are 8,500 accredited employers of ACCA students – corporate sector, banks, financial institutions, audit firms, public sector, etc.
ACCA constantly ensures that their qualification is relevant by constantly revising their content.
They believe in creating competitive graduates who stand out in the market.
Target market: fresh high school graduates; university graduates and post graduates. The latter two will enjoy a number of exemptions.
The ACCA program is divided into 3 levels
Foundation level: 7 Papers
Fundamental level: 9 Papers
F1. Accountant in Business
F2. Management Accountant
F3. Financial Accountant
F4. Corporate and Business Law
F5. Performance Management
F7. Financial Reporting
F8. Audit & Assurance
F9. Financial Management
Professional level: 3 Papers + 2 options
P1. Governance, Risk & Ethics
P2. Corporate Reporting
P3. Business Analysis
P4. Advanced Financial Management
P5. Advanced Performance Management
P6. Advanced Taxation
P7. Advanced Audit and Assurance
June and December every year
2 – 3 years.
Recommended to do 3 papers for 6 months. Total papers (excl. Foundation): 14 papers