Association of Chartered Certified Accountants (ACCA)

ACCA (Association of Certified Chartered Accountants) is a global body for professional accountants. Founded in 1904, ACCA offers business-relevant top-quality international qualifications recognised around the world.

ACCA works to strengthen a global profession based on the application of consistent standards, which supports international business and the desire of talented people to have successful, international careers. To achieve this ACCA works with global bodies such as the International Federation of Accountants (IFAC) and with 71 global accountancy partnerships. They seek to bring long-term value to economies in which they develop and support professional accountants.

ACCA members understand international business and local market issues. The broad syllabus that includes tax, audit, consulting and financial advisory ensures that ACCA members are effective wherever they work.

To become a full ACCA member you need to have at least 3 years relevant work experience and pass all of the ACCA exams. The ACCA qualification is composed of 14 exams, which you can take twice a year – in June and in December. More information about the qualification can be found here.

Exam structure

Exams are divided into two levels as follows:

FUNDAMENTALS (9 exams in total)

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 Assurance (AA)
F9  Financial Management (FM)

PROFESSIONAL (5 exams in total)

Essentials

P1  Governance, Risk and Ethics (GRE)
P2  Corporate Reporting (CR)
P3  Business Analysis (BA)

Options (two to be completed)

P4  Advanced Financial Management (AFM)
P5  Advanced Performance Management (APM)
P6  Advanced Taxation (ATX)
P7  Advanced Audit and Assurance (AAA)

Registration

Registration to study for ACCA as is done directly with ACCA online.

Initial registration costs 79.00 GBP.

Annual fee for 2013 is 79.00 GBP.

List of all exam fees is here.

Exam entries are also done directly with ACCA online.

Exemptions

If you have a relevant degree from an accredited institution, you may be exempt from the first 9 exams, leaving you only five exams to complete. You need to check this by emailing ACCA Student help (students@accaglobal.com).

Preparation

Preparation is flexible and completely individual.

In Zagreb you can attend courses run by One Accountancy Training (email: oneaccountancy@live.co.uk).

Every course is exam focused using past exam questions as teaching aids and is presented by a lecturer who is also a UK accountant, which makes the course practical in nature with real life examples. On the final day of every course there will be a 2 hour mock exam which will be marked by the end of the following day. Participants will get their results by email.

To register for the course please email oneaccountancy@live.co.uk.

You can also prepare by using various study materials from these providers:

Sample tests can be found here (choose exam in the right hand section).

For more information please email ACCA Student help (students@accaglobal.com), email us (exams@britishcouncil.hr), call us +385 1 4899 508 (11:00-13:00) or find us on Facebook.