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ACCA Qualification Levels

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ACCA Qualifications

What is ACCA?

ACCA (the Association of Chartered Certified Accountants) is a globally recognised professional accountancy body providing qualifications and advancing standards in accountancy worldwide.

ACCA is a globally recognised certificate that helps you find jobs around the globe and can help you make a remarkable career in several countries.

ACCA helps you establish international accounting and obtain audit standards. This certificate allows you to work in any country where accounting standards are accepted.

Since the ACCA is a prestigious accounting qualification, you can work in different fields like finance, banking, financial consulting, taxation, law, auditing, and other areas of business management.

Why ACCA?

With the ACCA qualification, you can…

  • Work Abroad: Globally Recognized qualification that helps you find jobs around the globe and can help you make a remarkable career in several countries.

  • Choose your career path in Taxation Specialist, Foreign investments, Management Accountant, Financial Management, Finance Director, Chief Financial Officer, Fund Accountant, Auditor, Forensic Accountant, and much more. The opportunities are ENDLESS.

  • Stand out to top employers

  • Make an impact

  • Become a leader

  • Prepare for the future

What does the ACCA Qualification cover?

Through a powerful combination of exams, ethics and experience, you’ll develop the strategic skillset, technical ability and professional mindset to add immediate value to any organisation – and take your career to new heights.

There are many ways to begin your ACCA journey. Whether you’ve just left school, are studying at university, or are looking for a career change – there’s an entry point for you. Exactly where you start depends on the qualifications you already have.

Practical Experience Requirements (PER) - three years' practical experience

Foundations

No Qualification or relevant experience required to make a start.

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Strategic Business Leader

Applied Knowledge

If you have a non-accountacy or finance degree

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Taxation

Applied Skills

If you already have an ACCA diploma in business and finance, the KAT qualification, or relevant qualification or finance qualification

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Ethics and Professional Skills Module

Fundamental to our qualifications - they apply to all learners.

Strategic Professional

If you already have an accountancy or finance degree

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Don’t know where to start. Request a call back or WhatApp Us today and our friendly team will get back to you.

Why Prospen Africa?

  1. Team: Prospen Africa comprise a team highly qualified and experienced subject matter experts who are result driven and ensures our client’s maximum Return On Investment.

  2. Accreditations: We are an industry trusted training services provider that is accredited with multiple regulatory institutions and we are a ISO 9001 certified organisation. Our accreditation scope covers courses from Services SETA, PSETA, ETDP, TETA, ICB and QCTO.

  3. Future: Prospen Africa is a growth oriented institution and our training are tailored to guarantee our learners’ a skilled, sustainable and rewarding future.

  4. Support: Our professional and fully resourced administration is always on stand-by to provide guidance, support and advise throughout your learning journey with Prospen Africa.

  5. Facilities: Our training venue is located in the safe suburb of Lyndhurst, which is central and easily accessible via different modes of transportation. Prospen Africa training venue is fully equipped with modern ICT equipment which compliments our digital learning objectives.

  6. Experience: Prospen Africa was established in 2014 and have over the years mastered the art of providing unforgettable learning experience.

Visit the Official ACCA Website to find our more information about ACCA Qualifications Levels

  • Newly enrolled ACCA students
  • Returning students (Re-writing exams)
  • Online Live Streamed

2nd Semester/ June-July Intake are now open

FAQs

Top most Frequently asked questions

You can register online to become an ACCA student at any time of the year. Applying online allows you to upload all your supporting documents. This means your ACCA application will be processed much quicker and you will know at which level you can start your studies shortly after submitting your application. Prospen Africa can also assist you in completing your online application while you do it to ensure all goes swiftly, but we cannot do it on your behalf without you present

An initial registration fee is payable when you first register as an ACCA Student.

A subscription fee is charged in addition to the initial registration fee in your first year as an ACCA student if you are eligible to sit at three or more exam sessions in a calendar year.

New students will be charged a subscription fee in addition to their initial registration fee.

Thereafter the annual subscription fee is due and payable on or before 1 January each year you wish to remain an active student.

You will need to supply the following:

  1. Documents supporting your educational achievements.

Your educational documents must:

  • name your qualification(s)
  • be signed and stamped by the awarding institution/body (including logo)
  • include transcripts/marksheets detailing the subjects/module codes and the marks achieved
  • show date of completion for full academic award or confirmation of years successfully completed.
  • your award certificate(s) and/or an official letter confirming completion.

If you have changed your name after obtaining your qualification documentation, please submit a copy of an official document for this change.

2. Proof of identity

The following is accepted as proof of identity: Copy of birth certificate, Passport, National ID Card or Driving Licence.

The qualification can be completed at your OWN pace according to your own available time. The courses and exams can all be taken at a pace you are comfortable with.

The only stringent requirements with regards to time, are the SEVEN-YEAR RULE for the Strategic Level.

The rule means you have seven years to complete Strategic Professional once you pass your first Strategic Professional exam. If you don’t pass all the Strategic Professional exams and reach affiliate status within seven years, you’ll lose any Strategic Professional passes achieved after seven years. These will need to be re-taken for you to be able to complete the exams component of the ACCA Qualification.

ACCA’s preferred way of communicating with you is through myACCA and email, and are now moving all customers to these methods. ACCA reserves the right to issue all communications and documentation via myACCA and email only, so please ensure your contact details are kept up-to-date.

Students are awarded the following as they progress:

Certificate of Achievement
Students are awarded a Certificate of Achievement if they achieve a pass mark of 85 per cent or above for individual passes in Business and Technology (BT), Management Accounting (MA) and Financial Accounting (FA) from June 2011 onwards and Corporate and Business Law (LW) from June 2015 onwards.

ACCA Diploma in Accounting and Business (RQF Level 4)
Students are awarded the ACCA Diploma in Accounting and Business (RQF Level 4) when they have successfully completed Business and Technology (BT), Management Accounting (MA) and Financial Accounting (FA) (at least one of which must have been sat and passed), plus completion of Foundations in Professionalism. Students who obtain full exemptions will not be awarded the Certificate.

Advanced Diploma in Accounting and Business
Students are awarded the Advanced Diploma in Accounting and Business when they have successfully completed the Applied Skills exams (at least two passes are required, one of which must have been sat on or after 1st June 2011), plus completion of the ethics and Professional Skills module. Students who obtain full exemptions will not be awarded the Certificate.

Strategic Professional Certificate
Students are awarded a Strategic Professional Certificate when they have successfully completed all of the Essentials exams of the ACCA Qualification (Strategic Business Leader (SBL), and Strategic Business Reporting (SBR)) and any two of the Options exams from Advanced Financial Management (AFM), Advanced Performance Management (APM), Advanced Taxation (ATX) and Advanced Audit and Assurance (AAA).

Applying for examinations

Prospen Africa will assist you in applications for any and all your examinations.  

Exam Preparation

Prospen Africa will assist you with preparing for your exams at whichever level you are at by use of sessions both online and/or face to face with qualified experienced facilitators who will help you achieve the best result you can.

Taking the Exams

Prospen Africa will provide you with the necessary space and equipment you need to complete the online exams. These resources include a quite comfortable space, laptop and a dependable connection for the duration of your exam

If you already have some qualifications, you may not have to take all of the exams in the ACCA Qualification or Foundations in Accountancy awards. These are called exemptions and mean that you will start your studies at the right level for your knowledge and skill.  

Our process of awarding exemptions is very rigorous as we need to ensure we are confident that the prior learning matches the skills and knowledge needed for the ACCA Qualification.  This is a continuous process as we make regular updates to our qualification, both in terms of annual syllabus updates and skills tested. 

We award exemption to qualifications offered by educational institutions worldwide. Some examples are:

  • Certificates and diplomas (awarded by recognised institutions)
  • Foundation degrees
  • Bachelor’s degrees
  • Postgraduate qualifications
  • Professional qualifications.

A maximum of nine Applied Knowledge and Applied Skills exams of the ACCA Qualification can be awarded. To preserve the integrity and rigour of the ACCA Qualification and to ensure that all students share a common experience, we do not award any exemptions for Strategic Professional exams(Strategic Level).

Exemptions are also available for the Foundations in Accountancy suite of awards.

No exemptions are awarded from any of the exams of modules examined within ACCA’s suite of post-professional qualifications.

Our Exemptions calculator details all exemptions that may be available on the basis of qualifications held by students. This includes exemptions awarded to accredited programmes and exemptions awarded using our exemption framework.

We have produced a user guide to the Exemptions calculator, which provides a short step-by-step guide to checking what exemptions you may be eligible to claim.

What you need to do to apply for exemptions depends on where you are on your ACCA student journey.

If you’d like a step-by-step guide on how to apply, you can use the ACCA tool on the website to assist.

You will need to pay an exemption fee for each exam awarded

There are two methods by which you can resume your studies.

The quickest way to re-register is to contact ACCA Connect and make payment over the phone; this will allow you to be re-registered instantly.

Alternatively, you can complete a re-registration application form and return it to ACCA by post or fax – please be advised that we cannot accept an email version of this form for payment security reasons. Your application will be processed within 10 working days upon receipt of the completed form and supporting documents. 

You will need to pay a fee to re-register, which will be the same as the initial registration fee and any fees that were outstanding when you left the register.  Unfortunately, if your account is suspended, you will be unable to make an online payment through myACCA.

Whether you are applying for re-registration by submitting the re-registration form or by phoning ACCA Connect, you will be required to supply your previous ACCA registration number.

You will receive notification of your student status as soon as your registration application has been processed. If you require confirmation of your status at a later date, please contact ACCA Connect who will be able to assist you.

ACCA’s preferred way of communicating with you is through myACCA and email, and are now moving all customers to these methods. ACCA reserves the right to issue all communications and documentation via myACCA and email only, so please ensure your contact details are kept up-to-date

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