How to get 9 exemptions in ACCA?

To get 9 ACCA exemptions, you need a relevant higher qualification like an MBA in Finance, a B.Com/BBA from specific universities with integrated ACCA content (like Raffles University), or Indian CA qualifications, as these programs cover the Applied Knowledge & Skills levels (total 9 papers). You must apply via the ACCA website, use their exemption calculator to check eligibility, and submit official transcripts for review, paying the exemption fee.

How many ACCA exemptions can I get?

A maximum of nine exemptions are available for the Applied Knowledge and Applied Skills level of the qualification. There are no exemptions awarded for the Strategic Professional level. This ensures that all students finish the qualification based on the same examinations.

Can I get exemptions for all ACCA exams?

Depending on any existing qualifications you may hold, exemptions can be awarded across: The Foundation level qualifications and. the nine Applied Knowledge and Applied Skills exams of the ACCA Qualification.

How to get a discount on ACCA exemptions?

Remember to send your official degree transcript and certificate to [email protected] within 1 year. Your discounted exemption fees will be reflected in an invoice in your MyACCA within a few days! You have 1 year from your date of graduation to pay your discounted exemption fees and enjoy the savings.

Which degree gives the maximum ACCA exemptions?

Degrees and Qualifications for Maximum ACCA Exemptions

• Chartered Accountancy (CA-India, ICAI) ...
• Certified Management Accountant (CMA- India) ...
• Bachelor of Commerce (B.Com) with ACCA Integrated. ...
• Master of Business Administration (MBA - Finance/ Accounting) ...
• BBA/ BMS (Accounting & Finance Majors) ...
• Is the ACCA exemption worth it?

Exemptions: Here's what you need to know

Is ACCA closing in 2026?

Completion deadline - 2026.

All students and members must submit all requirements for the BSc programme by May 2026. The closure of the programme following December 2026 will have no effect on the recognition or validity of this prestigious qualification. You will continue to enjoy the reputational benefits it offers.

Is US CPA better than ACCA?

Pick ACCA if you want international mobility, flexible studying options, and a wider financial and business curriculum. Pick CPA if your goal is to work in the United States and you want to specialize in U.S. GAAP, auditing, and taxation.

What is the 2 year rule for audit exemption?

The 2-year rule for audit is quite simple. If a company meets two or more of the above criteria for two years in a row, then it must have a statutory audit. Conversely, a firm that currently has to be audited can't qualify for an audit exemption until it fails to meet at least two over the criteria over two years.

Can I convert ACCA to CPA?

Unfortunately, there is no quick route for ACCA members to obtain the US CPA. In order to obtain your US CPA qualification, you will need to sit for the CPA exam and pass the four-part exam.

Which is harder, ACCA or CPA?

Neither is “easy”; both are challenging. ACCA has 13 papers but offers more flexibility in exam scheduling and significant exemptions. The US CPA has only 4 exams but is highly intensive, with a strict 18-month completion rule and a deeper focus on US GAAP and tax law.

How much do ACCA exemptions cost?

If you have already completed relevant qualifications, you may be eligible for exemptions from certain ACCA exams. However, you will need to pay an exemption fee for each paper that you are exempted from: Applied Knowledge exams: £98 per paper. Applied Skills exams: £123 per paper.

Does ACCA add value to CA?

Pursuing ACCA after CA can significantly enhance the career prospects of Indian CAs. By pursuing the ACCA qualification, CAs can acquire a global perspective on accounting and finance, which increases their employability in MNCs and international organizations.

Is ACCA eligible in the USA?

The qualification is recognised worldwide and is the equivalent of the Indian Chartered Accountant (CA). The UK, USA, Canada and Australia are some of the most popular destinations sought by Indian ACCA aspirants wanting to experience an international career.

Can I finish ACCA in 3 months?

It covers a wide range of topics such as Financial Accounting, Management Accounting, Taxation, Audit, and more. The course is designed to equip you with deep knowledge and skills needed for successful careers in accounting, finance, and management. Generally, the ACCA course takes around 2 to 3 years to complete.

Which is the hardest exam in ACCA?

Hardest ACCA Papers Based on Syllabus Complexity

• AAA (Advanced Audit & Assurance): Advanced standards, deep professional judgment, open-ended scenarios.
• APM (Advanced Performance Management): Strategy + performance, very conceptual, requires strong exam technique.

What is the ACCA salary range?

While ZipRecruiter is seeing annual salaries as high as $109,000 and as low as $34,000, the majority of Acca Accountant salaries currently range between $53,500 (25th percentile) to $78,500 (75th percentile) with top earners (90th percentile) making $95,000 annually across the United States.

Is ACCA worth it in the USA?

Conclusion. The ACCA qualification is a powerful credential for finance professionals seeking global career opportunities. While its relevance in the USA might not rival the CPA, it offers significant value in roles requiring international expertise, particularly in MNCs and global finance hubs.

What is the salary of CPA vs ACCA?

The average salary of ACCA in India ranges from 5-14 LPA depending on experience. The average salary for a CPA professional working in the big 4 in India ranges from 6-15 LPA depending on experience.

Which degree is best after ACCA?

A Masters in business administration, BSc degree, master's degree or another professional qualification are popular choices for gaining a deeper understanding of advanced principles and concepts that govern the accounting industry. One of the best degrees to do after ACCA is chartered financial analyst.

Can you get audited past 7 years?

Generally, the IRS can include returns filed within the last three years in an audit. If we identify a substantial error, we may add additional years. We usually don't go back more than the last six years. The IRS tries to audit tax returns as soon as possible after they are filed.

What are the 4 types of audit?

The four common types of audits are Financial, Operational, Compliance, and Internal, each with a different focus: financial audits verify financial statements, operational audits review efficiency, compliance audits check adherence to rules, and internal audits assess overall company processes, controls, and risk management for improvement.
 

Do Big 4 accept ACCA?

All Big 4 accountancy firms – Deloitte, PwC, EY, and KPMG – are active recruiters of ACCA-affiliated accountants. Choice often depends on your interest area: audit, consulting, tax, or advisory.

What is harder, CPA or ACCA?

- Is ACCA more difficult than CFA? No, the CFA qualification tends to be considered slightly more difficult than ACCA - but this is to some extent a subjective matter, differing from person to person. Many people don't make it through the three levels of CFA because of the time required to finish the course.

Who is higher than ACCA?

FCCA stands for Fellow of the Association of Chartered Certified Accountants, a senior-level designation above ACCA.