ACCA...a British Chartered
Accountancy Body
|
Association of Chartered
Certified Accountants (ACCA) in Pakistan
The Association of Chartered
Certified Accountants (ACCA) is a British
chartered accountancy body with a global presence that offers the
Chartered Certified Accountant (Designatory letters ACCA
or FCCA) qualification worldwide. Students in Pakistan
are taking this certification for their career life. Besides
CA as a career in
Pakistan, students are taking
interest in doing ACCA. ACCA
exam preparation is offered in many cities in Pakistan. ACCA courses are conducted by various institution in Pakistan. It is one of
the world's largest and fastest-growing accountancy bodies with 122,426
members and 325,606
ACCA – the
Association of Chartered Certified Accountants – is the leading and
fastest-growing international professional accountancy organization. The
ratio of enrolment for ACCA is better than any other international body.
The reputation and influence of ACCA are respected worldwide by the
public and sector organizations. ACCA has nearly 80 offices worldwide
offering support. There are 350 examination centers in 160 countries.
Since Chartered Certified
Accountant is a legally protected term, individuals who describe
themselves as Chartered Certified Accountants must be members of ACCA
and, if they carry out public practice engagements, must comply with
additional regulations such as holding a practising certificate, being
insured against any possible liability claims and submitting to
inspections.
The Association of
Authorised Public Accountants (AAPA), one of the British professional
bodies for public accountants, has been a subsidiary of ACCA since 1996.
The ACCA qualification is
legally recognised as Qualified Company Secretary in Pakistan, and there
is partial recognition between ACCA and the local statutory accounting
body (Institute of Chartered Accountants of Pakistan).
ACCA affiliates
are exempted first four modules (A-D) of the Institute of Chartered
Accountants of Pakistan qualification.
ACCA in Pakistan has seen
tremendous growth during the last five years with thousands of students
enrolling every year into ACCA programs. Various local colleges and
universities are also now offering ACCA programs in all major cities of
the country. Some of the prominent local colleges and universities
offering ACCA courses are CFE PAC SKANS has been recently
awarded with Platinum Status from ACCA, the highest certification from
ACCA CAMS , Aureole Training , Al-Hamd and TSA
Institutions providing ACCA training in
Pakistan and worldwide
-
institute of Chartered
Accountants of Pakistan
-
professional associations
for accountants
-
Consultative Committee of
Accountancy Bodies
-
International Federation of
Accountants
-
The Chartered Institute of
Management Accountants (CIMA) UK
-
British chartered
accountancy body
-
Chartered Certified
Accountant
-
Consultative Committee of
Accountancy Bodies (CCAB)
-
International Federation of
Accountants (IFAC)
-
Association of Authorised
Public Accountants (AAPA)
-
British professional bodies
for public accountants
-
Institute of Chartered
Accountants of Pakistan
-
CFE
-
PAC
-
SKANS
-
CAMS
-
Aureole Training
-
Al-Hamd
-
TSA
ACCA exam preparation
Professional Examination Route (PER)
-
Graduation
(B.com / BA / B.Sc) from a recognized university or
-
Two A
levels and three-GCSEs or equivalent in five separate subjects,
including English and Mathematics with at least grace ‘C’ or
-
2 GCE
(Advance level) passes and intermediate examination / high school
certificate with at least 50% marks.
Mature student Entry Route (MSER)
-
21 years
old or above or
-
Must pass
papers F2 and F3 within two years from the date of the first eligible
examination.
-
After
passing. The student will then be transferred to the ACCA professional
scheme.
-
Access to
ACCA via CAT qualification
ACCA
papers:
FUNDAMENTALS LEVEL (9
Papers)
Knowledge
F1 Accountant in Business (AB)
F2 Management Accounting (MA)
F3 Financial Accounting (FA)
Skills
F4 Corporate and Business Law (CL)
F5 Performance Management (PM)
F6 Taxation (TX)
F7 Financial Reporting (FR)
F8 Audit and Insurance (AA)
F9 Financial Management (FM)
PROFESSIONAL LEVEL (5
PAPERS)
Essentials
P1 Professional Accountant (PA)
P2 Corporate Reporting (CR)
P3 Business Analysis (BA)
(Any 2 optional papers)
P4 Advanced Financial Management (AFM)
P5 Advance Performance Management (APM)
P6 Advanced Taxation (ATX)
P7 Advanced Audit and Assurance (AAA
Useful
Links:
For admission in ACCA in Pakistan:
www.accaglobal.com/
www.pakistan.accaglobal.com
www.accountancy.com.pk