ACCA

Page 1

2013

ACCA Student guide

Your guide to the professional qualification The following document contains important information for ACCA prospective students. It contains information on entry requirements, registration process, fee and payment polices etc.


An introduction ACCA is a professional accountancy qualification recognized in more than 140 countries. On your way to completing ACCA you will gain various different qualifications. ACCA is preferred by employers, educational institutes, and governments all over the world. Qatar due to its booming economy requires a large number of competent finance professionals consequently increasing the demand for ACCA qualified individuals. The ACCA professional qualification enables you to become a Chartered Certified Accountant and use the designation‘ACCA’ after your name. It prepares you to work in the fields of audit, taxation, financial accounting, management accounting and so on. Excellence Training Centre is the Official ACCA Computer based Examination Centre in Doha and is also listed as a tuition provider on the ACCA website.

ACCA vs. other similar Qualifications ACCA has an edge over similar qualifications in a number of ways. First of all it is worth mentioning that ACCA is the biggest and the fastest growing body of accountants worldwide. It is therefore one of the most recognized professional qualifications in the world. Another great point about ACCA is that it not only gives you a professional accountancy qualification but also provides you an Academic degree i.e. B.Sc(Hons) from Oxford Brookes University, one of the best universities in the world for Business and Finance. Furthermore 14 papers of ACCA are equivalent to a Master’s degree.

‘’ACCA is the largest and the fastest growing body of professional accountants worldwide’’


Another great advantage of pursuing ACCA qualification is that it covers a very wide range of topics namely law, taxation, audit, financial accounting, management accounting, financial management and business strategy. Furthermore ACCA unlike other qualifications does not have any entry requirements. ACCA gives out multiple qualifications in a very short period of time.

Entry requirements and time What makes ACCA different is that it offers very various Academic and professional qualifications on the way.

As mentioned above ACCA has absolutely no entry requirements. The maximum time allowed to pass all of the subjects is 10 years.

Components To complete ACCA qualification a student has to pass 14 out of 16.You get a number of qualifications on your way to completing 14 papers. After three papers, Diploma in Accounting and Business from the ACCA After nine papers, BSc (Hons) in Applied Accounting from Oxford Brookes University Plus Advanced Diploma in Business and Accounting from ACCA After 14 papers, ACCA Affiliation, equivalent to a Master’s degree

Learning material ACCA has two official publishers namely BPP and Kaplan. We use BPP for most of the subjects. We believe that the official study material is excessive and it is very hard for the student to grasp. Therefore we recommend our own teachers’ notes and guidance.

Learning hours ACCA does not have any recommended learning hours. We normally offer between 70 to 100 hours depending on the subject. Our


number of hours is significantly higher than the Industry because of a greater number of full time teachers on our lecture panel.

Structure of the exam The first three computer based exams consist of fifty multiple choice questions and a student has two hours to complete the exam. The written exams consist of a combination of knowledge and scenario based questions.

Pass percentage threshold Pass threshold for all the papers of ACCA is 50%. “Payment can be made either upfront or in installments depending on the convenience of the student.�

Order of the exams ACCA papers are divided into four levels and there are two examination cycles per year. Examination cycles end on 31 July and 31 January each year respectively. F1 - F3 can be done in any order (level1) (From FIA route) F4- F9 can be done in any order (level2) P1-P3 can be done in any order (level3) P4-P7 can be done in any order (level4)

Computer based examination We are licensed to conduct the first three computer based exams at our campus. The written exams will be conducted in British Council.


Fee and discount policies

ACCA (Association of Chartered Certified Accountants) Subjects

Fee QAR (per subject)

F1 F2 F3 F4 F5 F6 F7 F8 F9 P1 P2 P3 P4 P5 P6 P7

Package includes

Books + CBEs + Coaching hours + Revision classes + Mock exams

2,500

2,600

2,800

3,000

Books + Coaching hours + Revision classes + Mock exams

3,300

FIA & CAT Course

FIA

CAT

Subjects FA1 MA1 FA2 MA2 FAB FMA FFA FTX FFM FAU

Fee QAR (per sub)

Package includes

1,900

2,500

Books + CBEs + Coaching hours + Revision classes + Mock exams

Discount packages *10% referral discount available on bringing each additional student. *50% discount in one subject for any student that scores more than 75% in any subject


*The above mentioned fee is per subject for a period of one session. One session consists of six months.

Payment policies The customer can either pay in cash or in installments. In case of cash payment the customer will get 10% cash payment discount. Customer can also pay us in the early dates and get a 5% early bird discount. Alternatively the customer can pay in installments in which case he/she will have to pay at least 25% of the total fee before starting the classes. The rest will be payable in three equal monthly installments. If the customer pays the fee and still does not attend the classes he/she has the option of taking the classes next time. The fee will be deferred and the student will not have to pay twice.

Timing of the classes We have two sessions annually which start from 1st week of January and 1st week of July respectively. For batches of F1 F2 and F3 we have four batches that start in January, March, July and August.

Timing of the classes The morning batch class timings are from 08:30 am to 11:30 am. Evening classes are conducted between 06:30pm to 09:30pm.

Degree holder exemptions Business or accounting degree holders with comparable assessed study experience may qualify for exemptions from some or all of the Fundamental level papers allowing direct entry into Professional level. Certain higher education and professional qualifications will be assessed for exemptions, using ACCA’s guidelines.

‘’You can get up to 9 exemptions based on your previous qualifications.’’


Enrolment Documents To enroll into Excellence Training Centre for ACCA you need to bring in the following documents: 1. A filled in application form (the form is attached to the following document). It can also be filled online on our website www.eecdoha.com 2. A copy or your Qatari I.D card or Passport 3. A copy of your latest degrees ( do not need to be attested) 4. One passport sized photograph ‘’Excellence Training Center provides up to 100 hours of tuition depending on the subjects along with the free crash course at the end of the session’’


ACCA exam papers and certifications awarded

Fundamentals

Level F1

Accountant in Business

F2

Management Accounting

F3

Financial Accounting

Knowledge

Skills level

Professional

Subjects

Essentials

Optional

Certificates

Diploma in accounting and Business

Professional Ethics Module Test F4

Corporate and Business Law

F5

Performance Management

F6

Taxation

F7

Financial Reporting

F8

Audit and Assurance

F9

Financial Management

P1

Governance, Risk and Ethics

P2

Corporate Reporting

P3

Business Analysis

P4

Advanced Financial Management

P5

Advanced Performance Management

P6

Advanced Taxation

P7

Advanced Audit and Assurance

Advanced Diploma in accounting and Business + Oxford Brookes University Degree (Research project)

Professional Level Certificate

Fundamental level certificate


Why Excellence Training Centre?

1. Full time teachers, guaranteed quality Because of our higher ratio of full time teachers, we are able to provide more number of hours for each subject which helps increase the pass rates substantially. Furthermore full time teacher come more prepared leading to a more effective class. 2. Convenient timings We offer classes in the evening as well as in the weekends, which helps to fulfil the demand of both working and non-working people. 3. Helpline service “Excellence Education Centre has become the market leader in professional accountancy courses in Doha in a very short span of time due to our superior quality and customer service.�

We encourage our teachers to give out contact details to the students so that where any student has any problem he/she can contact the teacher directly. 4. More number of coaching hours We offer up to 100 coaching hours for each subject. That gives a lot of time for revision at the end of the course which helps greatly to increase the pass rates. 5. Competitive prices Our prices are quite competitive even after no compromise in quality. 6. Guaranteed Pass For all students who attend more than 90% of the classes and pass 3 mocks, we guarantee pass. That means if a student fails to clear the exam the first time around, we do not charge them any tuition fee the next time for the same paper but if these conditions are not met then 25% of the fees has to be paid.


Complains procedure If you have any complaints or suggestions please talk to anyone in the management. If you want to remain confidential please write to complains@excellence.qa

Contact details of lecturers Name

Mobile no

Email address

Salman Samnani

66736768

salman@excellence.qa

Emad Gohar

66904698

emad@excellence.qa

Huzefa Hydrie

66970594

huzefa@excellence.qa

Ibrahim Rafe

77244704

ibrahim@excellence.qa

Arkam Abdul Rehman

30056122

arkam@excellence.qa

Rijas Abu Baker

55179061

rijas@excellence.qa

ACCA contact details You can contact ACCA through various channels listed below. ACCA connect messaging service You can send ACCA a message online to going to the link below. http://www2.accaglobal.com/contacts/connect/ 24 hour telephone helpline and fax +44 (0)141 582 2000 +44 (0)141 582 2222

Email address You can always contact ACCA on the following email address. Please give 15 days for a response to come.info@accaglobal.com

‘’You can always contact our ever willing lectures to help you on difficult issues’’



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