The ACCA global is the association of chartered accounting body offering the Chartered Certified Accountant qualification (ACCA). It has 233,000 members and 536,000 future members worldwide. Chartered Certified Accountants acca hold some unique values such as opportunity, diversity, innovation, integrity, and accountability. The Association of Chartered Accounting body works through a network of over 110 offices and centers in 51 countries - with more than 7,600 Approved Employers worldwide, who provide employee development.
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Study ACCA with Invisor
Our blended learning Programme includes classroom training with live streaming, live online classes and one-on-one doubt clearing sessions to give you a seamless study experience.
Our ACCA programme is designed to give you the expertise and knowledge you need to be an effective accounting professional and understand the examiners requirements so that you obtain the maximum marks.
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Levels
Three (13 papers)
Duration
6-30 months
Exams
Quarterly (Online)
Exemptions
Available
The ACCA qualification is recognised across the globe and allows members international mobility in their careers. It offers complete flexibility to work in any business sector from the public or corporate sectors to financial services or public practice. ACCA has over 100 years of experience and it has built a strong relationships with a vast network of employers across the world.
The ACCA qualification covers a broad range of subjects: Financial and Management Accounting, Law, Financial Management, Taxation, Governance and Business Analysis. Providing more than accounting knowledge, the ACCA qualification prepares students for business, instilling in them the professional skills, value and ethics to enable them to succeed in international business
To become an ACCA member, you must meet the eligibility requirements which include passing exams in 13 subjects (exemptions from some subjects are available for relevant degrees), completion of an ethics module, and gaining 36 months of relevant work experience.
Knowledge Level
Skill Level
Professional Level
Compulsory
Two out of the following
Applied Knowledge Level
Your journey towards becoming a qualified accountant starts with the Applied Knowledge module which includes papers BT (F1) through to FA (F3). After passing these papers, you will progress onto the ACCA Applied Skills module.
ACCA BT Business and Technology (formerly Accountant in Business/F1)
The ACCA Business & Technology paper will help you understand the environment businesses operate in and the influence this has on their structure. This includes how legal and economic factors can impact things such as the health and safety, employment, data and security of businesses.
Learners will discover the role accountancy plays on ensuring the organisation considers these factors to ensure that management is efficient and ethical. You will also familarise yourself with the latest accountancy tools and technology and learn to communicate your findings effectively.
Ultimately, this module will ensure that learners become familiar with the development of an organisation, its employees and its systems.
Exam structure
This paper is completed online, lasts for two hours and is split into sections A and B. Section A is worth 46 questions with 72 marks in total. Section B has 6 questions, each worth 4 marks, with a total of 24 marks in total. All questions are compulsory and the pass mark is 50%.
Paper syllabus
The aim of the Business & Technology paper is to introduce the business environment to learners who may not have a business background. You will learn about the different types of organisations and why they exist, their stakeholders and external factors that affect the company.
You will then consider the structure and function of organisations and the role accountants play regarding financial reporting, assurance, control and compliance. You’ll also learn about the importance of leadership, team behaviour and motivation.
Finally, learners will examine why all business activities should be ethical and representative of the organisation’s professional values.
Duration
Daytime sessions run between 9.45am-1.15pm.
Afternoon sessions run between 2.00pm-5.30pm.
Evening sessions run between 6.45pm-10.15pm.
Mode of delivery (online or on-campus)
LSBF offers flexible learning with on-campus and online teaching. Our campus, GB Building, is located in Singapore’s business district.
ACCA MA Management Accounting paper (formerly F2)
The ACCA Management Accounting paper will help you understand the various accounting techniques available to support the management of planning, controlling, and performance monitoring across a variety of business areas. You will then be able to use this knowledge to influence the decision-making process within your firm.
Exam Structure
The Management Accounting online exam is made up of 2 sections – A and B. Section A has 35 questions, worth 2 marks each and Section B has 3 multi-task questions (MTQs) worth 10 marks each. Each of these 3 questions will focus on a different syllabus area - budgeting, standard costing and performance measurement.
Paper syllabus
This module will ensure learners understand the importance of management information as well as the source and nature of this. You will also learn how to incorporate statistical techniques into your work to analyse data and communicate it effectively.
Learners will also consider costing techniques so you’re able to prepare and use budgets, standard costing and variance analysis to measure and monitor the performance of your firm.
Duration
Daytime sessions run between 9.45am-1.15pm.
Afternoon sessions run between 2.00pm-5.30pm.
Evening sessions run between 6.45pm-10.15pm.
Mode of delivery (online or on-campus)
You can prepare for this paper on-campus or online. If you opt to study on-campus, you will study at our GB Building campus, in central Singapore.
ACCA FA Financial Accounting (formerly F3)
The ACCA Financial Accounting paper will make you aware of the concepts and principles behind accounting techniques and how to prepare basic financial statements and interpret them for sole traders and partnership organisations. You’ll also become familiar with the use of double-entry techniques and trial balance - an accounting report that highlights the balances in a company’s general ledger accounts.
Exam Structure
This exam is divided into Section A and B. Section A has 35 questions worth 2 marks each and Section B has two multi-task questions (MLTs) worth 15 marks each. These 2 questions will test your knowledge of consolidation and accounts preparation.
Paper syllabus
The syllabus requires learners to understand the regulatory framework regarding the preparation of accounts as well as the qualitative data. Learners will then practice drafting financial statements and how to record, process and report business transactions and events for incorporated and unincorporated firms. You’ll also learn to identify errors within trial balance.
Duration
Daytime sessions run between 9.45am-1.15pm.
Afternoon sessions run between 2.00pm-5.30pm.
Evening sessions run between 6.45pm-10.15pm.
Mode of delivery (online or on-campus)
You can prepare for the ACCA Financial Accounting paper online or on-campus, at our GB Building, located in Singapore’s world-famous financial district.
Applied Skills Level
Through modules LW (F4) to FM (F9), you will develop your understanding of principle technical subjects including: performance management, law, taxation, auditing and financial management as well as financial reporting. By the time you have completed these papers, you will have gained knowledge equating to a bachelor’s degree level.
ACCA LW Corporate and Business Law (formerly F4)
The ACCA Corporate and Business Law paper will help you understand the legal framework behind the field of business and will help learners recognise the need for corporate legal advice.
Exam Structure
This exam is divided into 2 sections – A and B. Section A is made up of 45 multiple-choice questions and Section B is formed of 5 multi-task questions worth 6 marks each.
Paper syllabus
The syllabus for this paper is divided into 8 sections and starts with an introduction to the Singaporean legal system, including how the court systems works and sources of law. You will then learn about contract and tort law – the basis of business transactions.
Learners will then be taught about various laws that focus on business, employment and the formation and constitution of organisations, different types of capital, management, the regulation and administration of firms as well as insolvency law.
The final part of the module will focus on fraudulent and criminal behaviour within the corporate world.
Duration
Daytime sessions run between 9.45am-1.15pm.
Afternoon sessions run between 2.00pm-5.30pm.
Evening sessions run between 6.45pm-10.15pm.
Mode of delivery (online or on-campus)
It’s up to you whether you attend the course on-campus or choose to study online. Either way , we guarantee, you’ll have an excellent student experience.
ACCA PM Performance Management (formerly F5)
This ACCA Performance Management paper will build upon the knowledge you gained in the ACCA Management Accounting paper. This module will teach you how to use quantitative and qualitative techniques to assist with planning, decision-making, performance evaluation and control. Furthermore, this module will prepare learners for the Advanced Performance Management module.
Exam Structure
The Performance Management paper contains 3 sections – A, B and C. Section A has 15 questions, each worth 2 marks.
Section B has 3 questions with 5 objective test items worth 2 marks, meaning each question is worth 10 marks.
Section C has 2 questions worth 20 marks each. This is the only section that will be marked manually, so it’s vital to detail all your workings.
Paper syllabus
The Performance Management syllabus will teach you to incorporate various qualitative and quantitative techniques to help you with corporate planning, decision-making, performance evaluation and control. In an organisation, you’ll be tasked with ensuring that company resources are being used adequately, and for this you’ll learn about cost accounting methods and budgeting.
You’ll also consider how external factors can impact a company, both from a financial and non-financial perspective.
Duration
Daytime sessions run between 9.45am-1.15pm.
Afternoon sessions run between 2.00pm-5.30pm.
Evening sessions run between 6.45pm-10.15pm.
Mode of delivery (online or on-campus)
If you study on-campus, you will be based at our GB Building, located in Singapore’s world-famous financial district.
ACCA TX Taxation (formerly F6)
This ACCA Taxation paper will give learners an insight into the tax system and how it impacts individuals, single companies and groups of companies.
Exam Structure
This paper is split into Sections A, B and C. Section A has 15 objective questions that are worth two marks each. Section B has 3 objective questions, worth 10 marks each. Section C has a 10-mark question and a 15-mark question.
Paper syllabus
Learners of the ACCA Taxation paper will be introduced to the major technical areas of taxation. You will be taught why the tax system exists and how it works. You’ll then take an in-depth look into the specific types of taxes including income tax from those are self-employed and from investments, corporation tax, national insurance, inheritance tax, value added tax (VAT) and more.
You’ll also learn to compute tax liabilities and explain the basis of your calculations, incorporate tax- planning techniques for individuals and organisations and identify compliance issues.
Duration
Daytime sessions run between 9.45am-1.15pm.
Afternoon sessions run between 2.00pm-5.30pm.
Evening sessions run between 6.45pm-10.15pm.
Mode of delivery (online or on-campus)
LSBF offers flexible learning - you have the opportunity to choose between studying on-campus or online. Our GB Building campus is located in the city’s financial centre.
ACCA FR Financial Reporting (formerly F7)
The ACCA Financial Reporting paper will teach you to apply accountancy techniques and the theoretical framework to prepare financial statements. You’ll also learn to analyse and interpret the statements.
Exam Structure
The Financial Reporting exam is comprised of sections A, B and C. Section A has 15 objective test questions, worth 2 marks each.
Section B has 3 questions that include 5 objective test questions and section C has 2, 20-mark questions. The questions in Section C will cover the interpretation and preparation of financial statements for either a single entity or a group.
Paper syllabus
The aim of the Financial Reporting syllabus is to ensure learners get to grips with financial statements and the theoretical framework behind statements.
Duration
Daytime sessions run between 9.45am-1.15pm.
Afternoon sessions run between 2.00pm-5.30pm.
Evening sessions run between 6.45pm-10.15pm.
Mode of delivery (online or on-campus)
LSBF in Singapore aims to give you the best possible student experience, therefore our students are given flexibility in how they’d like to pursue their studies.
ACCA AA Audit and Assurance (formerly F8)
The ACCA Audit and Assurance paper will teach you how to carry out assurance engagement and how to apply this within a professional regulatory framework.
Exam Structure
Your knowledge will be assessed via a three-hour online exam. Section A has 3 questions worth 10 marks. Section B has 1, 30-mark question and 2, 20-mark questions.
Paper syllabus
This ACCA Audit and Assurance syllabus will help you understand assurance engagement and how to apply it in the context of the professional regulatory framework.
Duration
Daytime sessions run between 9.45am-1.15pm.
Afternoon sessions run between 2.00pm-5.30pm.
Evening sessions run between 6.45pm-10.15pm.
Mode of delivery (online or on-campus)
Benefit from our flexible learning options at LSBF Singapore and choose between studying on-campus or online. Our GB Building campus is located in the city’s world-famous financial centre.
ACCA FM Financial Management (formerly F9)
Throughout the ACCA Financial Management paper, you will develop your capabilities as a financial manager who has expert insight into investment, financing and dividend policy decisions.
This financial management course will also prepare you for further study of financial management in Advanced Financial Management.
Exam Structure
Students will be assessed through a computer-based exam (CBE) which is 3 hours and 20 minutes. Students will also be required to complete a paper-based exam (PBE) which is 2 hours and 15 minutes.
The computer-based exam is divided into three different sections:
The paper-based exam is divided into three different sections:
Paper syllabus
The ACCA Financial Management syllabus is made up of seven sections.
Financial management function– You will build your understanding of the key components of the financial management function as well as the conflict between financial and non-financial objectives. You will also need to understand agency theory and not-for-profit organisational objectives.
Financial management environment– You will learn about the effects of the economic environment on business including government policy, competition rules and regulation.
Working capital management- You will develop your understanding of the nature, elements and importance of working capital. You will also learn about the management of inventories, accounts receivable, accounts payable and cash.
Investment appraisal– You will learn to demonstrate knowledge of investment appraisal techniques and how a business adjusts for risk and uncertainty in investment appraisal.
Business finance- You will learn about how a business raises capital and how to estimate these costs. You will also learn about financing for SMEs.
Business valuations– You will build your knowledge of the purpose and nature of the valuation of business and financial assets. You will also focus on efficient market hypothesis (EMH) and the practical considerations in the valuation of shares.
Risk management– You will learn about types of risk and approaches to risk management. In addition, you will focus on hedging techniques for foreign currency risk and interest rate risks.
Duration
Daytime sessions run between 9.45am-1.15pm.
Afternoon sessions run between 2.00pm-5.30pm.
Evening sessions run between 6.45pm-10.15pm.
Mode of delivery (online or on-campus)
LSBF offers a variety of study options to help you succeed. You’ll have the opportunity to fit your classes around your own schedule with our online learning platform which includes recorded tuition video lectures, introductory videos from course tutors as well as a library of articles and videos.
You will be taught by our expert tutors who have years of industry experience.
Strategic Professional (Essentials)
The Essentials module will equip you with the skills and knowledge needed to become an expert accountant in either a consultancy or high-level advisory role. The two ACCA papers that make up this module are assessed through two paper-based exams, both lasting a duration of three-hours.
ACCA SBL Strategic Business Leader (formerly P1 and P3)
Throughout the ACCA SBL paper, you will develop your understanding of the role of a board of directors in an organisation. This paper aims to mirror the workplace and provide you with an opportunity to practice your technical, practical and professional skills in preparation for taking on a full-time accountancy role.
The ACCA SBL paper falls under the Strategic Professional (Essentials) set of papers and will encourage you to develop the specialised skills needed to become an accountant.
Exam Structure
You will be required to sit a 4-hour paper-based exam (PBE) which includes 40 minutes reading and planning time. This is a case study exam which means you will answer questions around one main business scenario. All questions are compulsory and the examination is divided into 80 technical marks and 20 professional skills marks.
Paper syllabus
The ACCA SBL syllabus is made up of nine sections.
Leadership – You will develop your understanding of leadership including the qualities of leaders and how to act in a professional manner according to a code of ethics.
Governance – You will learn about a variety of topics relating to governance including stakeholder analysis and the board of directors. You will also have the opportunity to build your knowledge of public sector governance.
Strategy – You will develop your understanding of the concepts of strategy and how internal resources, capabilities and competences are utilised to achieve results.
Risk – You will learn to identify, assess and measure risk whilst also understanding how to manage, monitor and mitigate it.
Technology and data analytics – You will develop your understanding of big data and data analytics whilst also learning about IT systems security and control.
Organisational control and audit – You will be introduced to management and internal control systems as well as audit and compliance procedures.
Finance in planning and decision-making –You will learn about financial analysis and how this can inform decision-making within an organisation.
Innovation, performance excellent and change management – You will learn how to enable success within a business in terms of organisation, disruptive technologies, talent management and performance excellence.
Professional skills – You will be encouraged to develop your communication skills, commercial acumen as well as other skills of analysis, scepticism and evaluation.
Duration
Daytime sessions run between 9.45am-1.15pm.
Afternoon sessions run between 2.00pm-5.30pm.
Evening sessions run between 6.45pm-10.15pm.
Mode of delivery (online or on-campus)
LSBF offers a variety of study options to help you achieve your professional goals. You’ll have the great chance to study online: our online learning platform includes recorded tuition video lectures, as well as a good range of articles and support videos.
Alternatively, you can also attend the course on-campus, you’ll be taught by our expert tutors who have years of professional expertise.
ACCA SBR Strategic Business Reporting (formerly P2)
Throughout the Strategic Business Reporting paper, you will learn to demonstrate your ability to make strategic business decisions. This paper builds on all of your previous knowledge to help you become an adept accounting professional, able to apply theory in a practical setting.
Exam Structure
You will be required to sit a paper-based exam (PBE) of which the duration is 3 hours and 15 minutes.
The exam is divided into two different sections:
Paper syllabus
The ACCA SBR syllabus is made up of six sections.
Fundamental ethical and professional principles – You will develop your understanding of professional behaviour in terms of complying with accounting standards. You will also understand ethical requirements in accounting and the consequences of behaving in an unethical way.
The financial reporting framework – You will learn about the financial reporting framework including the strengths, weaknesses and applications of this framework.
Reporting the financial performance of a range of entities – You will learn about reporting financial performance in terms of revenue, financial instruments and income taxes.
Financial statements of groups of entities - You will reflect on how the accounting of a group of entities is performed whilst considering how changes in group structures can have an impact on this.
Interpret financial statements for different stakeholders – You will analyse and interpret financial information in order to measure a company’s performance.
The impact of changes and potential changes in accounting regulation – You will consider how changes in accounting regulations can impact financial reporting.
Duration
Daytime sessions run between 9.45am-1.15pm.
Afternoon sessions run between 2.00pm-5.30pm.
Evening sessions run between 6.45pm-10.15pm.
Mode of delivery (online or on-campus)
Want to shape your ACCA preparation studies around your personal and professional commitments? LSBF Singapore provides you with the chance to study online.
Alternatively, you can also decide to study this ACCA paper at our GB Building campus, located in the busy financial district of Singapore.
Strategic Professional (Options)
When you progress onto the Strategic Professional module, you will need to pick two courses from the following four. The aim of the module is to help you develop advanced technical skills and expert knowledge in areas such as taxation and audit, whilst learning about the professional code of ethics followed by any accountant.
ACCA AFM Advanced Financial Management (formerly P4)
While preparing for the Advanced Financial Management paper, you will build your advisory skills by learning how to instruct management and clients on difficult strategic financial management skills within their organisations. You will develop your understanding of a business brief and be able to come up with solutions and methodical approaches to meeting a business’s objectives.
Exam Structure
The paper-based exam will be divided into two sections:
Paper syllabus
The Advanced Financial Management syllabus is made up of five sections.
Role of senior financial adviser in the multinational organisation – You will develop your understanding of the role of senior financial executives/advisors as well as ethical and governance issues. You will also build your knowledge of strategic business and financial planning for large-scale organisations.
Advance investment appraisal – You will learn about discounted cash flow techniques, how option pricing theory is applied in investment decisions as well as about valuation and the use of free cash flows.
Acquisitions and mergers – You will become familiar with acquisitions and mergers in terms of valuations, regulatory frameworks and processes as well as how these are financed.
Corporate reconstruction and reorganisation - You will consider financial reconstruction and business reorganisation.
Treasury and advanced risk management techniques - You will develop your understanding of the role of the treasury function in multinationals as well as the use of financial derivatives to hedge against forex risk.
Duration
Daytime sessions run between 9.45am-1.15pm.
Afternoon sessions run between 2.00pm-5.30pm.
Evening sessions run between 6.45pm-10.15pm.
Mode of delivery (online or on-campus)
If you would like to fit your ACCA studies around your personal schedule, please note that LSBF Singapore gives you the opportunity to study online.
Alternatively, you can also decide to study this ACCA paper at our GB Building campus, you will study in the busy financial district of Singapore.
ACCA APM Advanced Performance Management (formerly P5)
Throughout the Advanced Performance Management paper, you will consider the strategic role of management accounting and how it is used in the planning and control of a businesses’ performance. You will also reflect on the effect of external factors on strategic management and how a business can measure and manage these risks.
Exam Structure
The paper-based exam is divided into two sections:
Paper syllabus
The Advanced Performance Management syllabus is made up of five sections.
Strategic planning and control - You will learn about strategic management accounting and assess the impact of external factors on this type of accounting.
Impact of risk and uncertainty on organisational performance – You will learn to assess the impact of risk and uncertainty on performance management.
Performance management information systems and developments in technology – You will learn about performance management information systems, sources of management information, data analytics and management reports.
Strategic performance measurement – You will consider strategic performance measures in the private sector as well as strategic performance measures for not-for-profit organisations and the role of quality in management information and performance measurement systems.
Performance evaluation and corporate failure – You will learn alternative views of performance measurement and management as well as how to predict and prevent corporate failure.
Duration
Daytime sessions run between 9.45am-1.15pm.
Afternoon sessions run between 2.00pm-5.30pm.
Evening sessions run between 6.45pm-10.15pm.
Mode of delivery (online or on-campus)
You can choose between on-campus or online teaching, depending on your personal and professional commitments.
ACCA ATX Advanced Taxation (formerly P6)
Build your knowledge of advanced taxation practices with ACCA Advanced Taxation. Throughout this paper you will learn about the impact of major taxes on the financial operations of a business. You will also develop your understanding of how to minimise and defer tax liabilities and how to communicate the impact of taxation to clients and other professionals.
Exam Structure
The paper-based exam is made up of two sections:
Paper syllabus
The syllabus for the ACCA Advanced Taxation paper is made up of four sections:
Knowledge and understanding of the UK tax system through the study of more advanced topics within the taxes studied previously and the study of stamp taxes: This section will cover Income Tax, Capital Gains Tax, Inheritance Tax, Corporation Tax, Stamp Duty and Value Added Tax as well as tax administration and the UK tax system.
The impact of relevant taxes on various situations and courses of action, including the interaction of taxes: You will assess the impact of relevant taxes on a business situation whilst also analysing the tax advantages and disadvantages of a certain course of action.
Minimising and/or deferring tax liabilities by the use of standard tax planning measures: You will build your understanding of types of investment and other expenditure that can help to reduce tax liabilities whilst also assessing the appropriateness of such an investment based on a taxpayer’s individual circumstances.
Communicating with clients, HMRC and other professionals: You will develop techniques for communicating advice, recommendations and information to a range of audiences regarding standard tax practices.
Duration
Daytime sessions run between 9.45am-1.15pm.
Afternoon sessions run between 2.00pm-5.30pm.
Evening sessions run between 6.45pm-10.15pm.
Mode of delivery (online or on-campus)
You can study on-campus or through LSBF Singapore’s online platform. We provide you with the flexibility you need!
ACCA AAA Advanced Audit and Assurance (formerly P7)
Throughout the Advanced Audit & Assurance paper, you will discover the daily challenges faced by auditors in their professional lives. You will also consider how to perform audit assignments based on the regulatory framework and other professional and ethical considerations.
Exam Structure
The paper-based exam will be made up of two sections.
Paper syllabus
The ACCA Advanced Audit and Assurance syllabus is made up of seven sections:
Regulatory environment: You will develop your understanding of the international regulatory frameworks for audit and assurance services as well as money laundering and laws and regulations.
Professional and ethical considerations: You will learn about the Code of Ethics and Conduct as well as fraud, error and professional liability.
Quality control and practice management: You will consider quality control, advertising, tendering and obtaining professional work and fees. You will also consider professional appointments.
Planning and conducting an audit of historical financial information: You will develop your knowledge of planning, materiality and assessing the risk of material misstatement. You will also learn about audit procedures and obtaining evidence.
Completion, review and reporting: You will consider going concern, auditor’s reports and reports to those charged with governance and management.
Other assignments: You will focus on the audit of social, environmental and integrated reporting as well as the reporting of other assignments.
Current issues and developments: You will consider professional and ethical developments and their impact on the audit procedure.
Duration
Daytime sessions run between 9.45am-1.15pm.
Afternoon sessions run between 2.00pm-5.30pm.
Evening sessions run between 6.45pm-10.15pm.
Mode of delivery (online or on-campus)
Depending on your personal schedule or work commitment, LSBF Singapore gives you the chance to choose between on-campus or online teaching.
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Next Batch Date: 5-Sep-22
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Students Feedback
It has
been a whirlwind of a year since qualifying CMA USA in last and navigating
through a pandemic
in the hunt for a job as a fresher. After completion of CMA, I was not even
able to apply for a job. Can’t
imagine how worst was my situation. Then as a gem, I heard about First
Career Program (FCP) from my
CMA tutor Alex Tom Joseph. But I was in a dilemma and then I thought of the
best quote I have heard in
my entire life. If someone gives you an amazing opportunity, you better grab
it first so that he wants to
give you the next one. “So, then I finally decided to go with the Plan To
Join with FCP Program.
To my surprise with gods grace everything went well and it was one of the
best timely decisions that I had
taken in my life because Geevar and Alex always ensured to give us the best
training capsules challenged
with hands-on experience that we ever had, with the practical application of
what we had studied in our
professional student career. Now, I am beyond excited to announce that I
have accepted a new innings with
EY as Analyst. So, a huge thank you to the Invisor Education team for their
great support in building me
from behind and Special cheers to Geevar Thambi, CMA, CSCA, Alex Tom Joseph,
CMA, Muhammed
Shafeeque and Muhammed Thwoyyib for giving me such an amazing experience at
FCP and for moulding
me for what Im
today.
I am ready to kickstart this new adventure with EY and cant wait
to continue growing in this new role.
I'm here to share an exciting journey which I had experienced after I completed CMA USA. As a fresher, there were so many hurdles for me to get a job at MNC's. After applying at so many companies I didn't even got a response from them, it caused so much frustration in myself. Then I heard about First career program from my CMA tutor Alex Tom Joseph, CMA . He told me about what all are provided in this training program but I was actually double minded whether to join or not join. But then I thought to give it a go, So I joined there half-heartedly. To my surprise everything went well and it was one of the best decision that I had took in my life because Geevar and Alex always ensured to give us with the best training experience that we ever had, with the practical application of what we had studied in our professional courses. Now I'm placed at Northern Trust,one of the leading financial institutions at USA. So I personally thank Geevar Thambi, CMA, CSCA, Alex Tom Joseph, CMA, Muhammed Shafeeque for giving me such an amazing experience at FCP and for moulding me for what I'm today.
I will sing of the mercies of the Lord forever; With my mouth will I make known Your faithfulness to all generations" - Psalms 89:1 I am immensely glad to receive the news of my successful completion of the CMA Exams. I know for a fact that I would not make it without the tender mercies of my Lord and Savior Jesus Christ, my family and friends, and by the most generous hearts behind my success Geevar & Ganesh H, who were more than just tutors to me. I am glad to cross roads with you both. Huge shoutout to Invisor Global Inc. for all the right materials and resources for my study.
After completing my CMA course the lockdown was imposed in India due to pandemic. When there was a break in lockdown I started looking for a job, almost 5, 6 months I send mails, applied through career sites, job portals, but there was no response from the other end most of the time. I only had one or two interview in which the salary was too low compared to market standards. Then I heard about First career program (FCP) provided by Invisor Global Inc. First I thought it's just a intern programme where most of the companies hire freshers and let them settle the pending files. I contacted Invisor team and they told me it's not what actually looks like and they gave all the information about the FCP, and I decided to join the program, which was a turning point in my life. During the internship period itself I got an offer from Entigrity Solutions Pvt Ltd which is a leading consulting firm mainly dealing with US and Canadian clients I joined here as an Associate - Customer service. Thanks to the entire Invisor team for the support.
Hi I am Vinu. After completion of my CMA, I applied to a lot of openings throgh many job banks . But I did not get any response from the recruiters. Then I got heard about First Career Program run by one of my faculty Mr Alex. I took a chance by enrolling for the program. I swear it was the best decision I have ever made. The projects assigned by Geevar Thambi, CMA, CSCA and Alex Tom Joseph, CMA has really helped me to get an idea about how the corporates do their work. And as a result I got a chance to work with a leading MNC. Thank you team Invisor Global Inc. for the great change that you guys have made in my career.
Hello Everyone, I would like to share an exciting journey I experienced after I completed my Certified Management Accountant course. Since I was a fresher, it was pretty hard for me to find a job in MNCs or any companies for that matter. I applied for so many positions which only got rejected because of my lack of technical experience which lead to frustration and disappointment. It was then that I heard about First Career Program from my CMA tutor Alex Tom Joseph, CMA. He went through what will be provided in this program and I was immediately interested in it. I should say it was one of the best decisions I made to help my career because Geevar Thambi, CMA, CSCA, and Alex Tom Joseph, CMA always ensured to give us the best training experience that we ever had, with the practical application of what we had studied in our professional courses. Because of the training I received there, I was able to secure a good job at Consero Global, one of the leading financial institutions. So, I would like to thank Alex Tom Joseph, CMA, Geevar Thambi, CMA, CSCA, and Muhammed Shafeeque for giving such amazing experience and training at FCP and for helping me secure a good job at a well-reputed company.
After completing the CMA exams, I didn’t have any idea about how to apply for the job and get into an MNC. At that time Alex Tom Joseph and Geevar Thambi, CMA, CSCA has invited me for the First Career Program at Invisor Global Inc. , which changed my professional life. The training improved my knowledge in accounting and got a crystal clear picture of a company's working culture. Thank you team Invisor for making us a perfect working professional. Invisor Global Inc. Muhammed Shafeeque.
Similar Programs
CMA | Certified Management Accountant
ACCA | Association of Chartered Certified Accountants
PAT | Practical Accountancy Training
F1, F2, F3, F4 are known as on-demand exams, so these exams can be attempted at any time of the year. F5 to P7 exams are conducted four times a year (every March, June, September, December).
The passing rate for the ACCA exams, globally, is 40%.
Candidates will need to log on to their myacca account two weeks after standard exam entry closes. This will include the address of the centre, the papers you have been entered for, the dates for each paper and the desk numbers that are allocated to you in a particular venue.
Students need to qualify their 12th grade exams with a minimum of 65% in Accounts or Mathematics and English, and a minimum of 50% in all other subject exams.
Yes there is definitely scope for ACCA abroad as it is a globally recognized body with members and affiliated organizations all over the world.
ACCA stands for Association of Certified Chartered Accountants, while CPA Stands for Certified Public Accountants. There are many differences between ACCA and CPA. Here is a brief of the differences between both certifications.
Criteria | ACCA | CPA |
---|---|---|
Certificate Issuer | Association of Chartered Certified Accountants (ACCA) | State Board of Accountancy |
Eligibility | 12th pass with a minimum of 60% |
|
Course Duration | 2.5 to 5 Years | 1 to 1.5 Years |
Pass rate | 40% to 50% | 50% |
Job Titles |
|
|
Pattern | Four Parts:
|
Four Parts
|
No of Papers | 15 Papers | 4 Papers |
Recognition | Global | Global |
Both ACCA and US CPA are internationally recognized prestigious courses. ACCA is considered more difficult than CPA because of the lack of papers.
The cost of getting US CMA certification is very high. However, you can offset the fees and other expenses by getting a scholarship. IMA (Institute of Management Accountants) usually has a scholarship program that provides fee support to students doing their CMA.
Only students will have access to this scholarship. To get into the scholarship program, you need to be nominated by your college or university professor.
Getting a scholarship from IMA can be very difficult because of the high competition. As per reports, more than 1900 universities and college students have applied for the US CMA scholarship program offered by IMA.
IMA selects scholarship candidates based on their backgrounds, qualifications, and more.
For the ACCA Qualification, you can take the papers within each module in any order, but the exams must be taken in modular order. The next module exam entry form must be filled out for all outstanding exams in the current module.
The modular order of the exam is:
To qualify as an ACCA, a minimum of 3 years of continuous work experience is a prerequisite as per rules mentioned by the Association of Chartered Certified Accountants (ACCA) Institute.
But it is not a must that you have these 3-year experience before you qualify your ACCA exams. Students preparing for ACCA can gain experience after clearing all ACCA papers as an ACCA Affiliate.
ACCA certification offered by the Association of Chartered Certified Accountants (ACCA) has 4 levels or modules.
Once you complete your Applied knowledge and Applied skill modules, your ACCA qualification will be equivalent to the degree stands of a UK university. Completing your strategic professional modules will qualify you with an equalized degree of a UK university’s master's degree.
Yes, there is a time limit for completing your ACCA course. ACCA certification offered by the Association of Chartered Certified Accountants (ACCA) has 4 levels or modules.
Candidates need to follow the seven-year rule to complete their strategic professional exams, which means they have to clear all the strategic professional module papers within seven years from the time they clear their first strategic professional paper and reach the ACCA Affiliate status.
If the candidate fails to do so in the span of seven years, all the papers must be taken again in order to get the ACCA certification.
Completing all your papers within this stipulated time puts you at advantage during the placements, as it shows the hiring companies your dedication and commitment to becoming an ACCA professional.
ACCA does not have any limitation on how many times you can retake a paper. ACCA exams are usually conducted in 4 examination cycles every year in March, June, September, and December months.
ACCA Candidates will be allowed to take 4 exams in a single examination cycle among the 8 exams allowed in the course of the calendar year.
It is advised that students allot a minimum of three months for each paper to ace the paper in a single attempt. This way they can complete all four modules of the ACCA in a span of three years and become an ACCA Affiliate.
ACCA and CMA are unarguably the most valued financial certifications recognized around the globe. But there are quite a few vital differences between these certifications that set ACCA on a higher stand when compared to CMA.
Here is the list of differences between ACCA and CMA:
Criteria | ACCA | CPA |
---|---|---|
Certificate Issuer | Association of Chartered Certified Accountants (ACCA) | Institute of Management Accountants (IMA) |
Eligibility | 12th pass with a minimum of 60% | 12th pass/Undergraduate |
Course Duration | 2.5 to 5 Years | 3 years or 36 months |
Pass rate | 40% to 50% | 50% |
Job Titles |
|
|
Pattern | Four Parts:
|
Two parts: Part I & Part II
|
Recognition | Global | Global |
On considering all the differences between ACCA and CMA certifications, ACCA is recognized and respected more compared to CMA, the reason being that ACCA certification has been in trend for a long time while CMA certification is becoming popular these days. As per analytical reports, ACCA has generated over 4,60,000 professionals around the globe in 180 countries, whereas CMA has produced only 40,000 professionals.
Some other advantages ACCA certification has over CMA is the Salary, ACCA professionals draw out more average salary when compared to CMA professionals.
Getting an ACCA certification gives you tons of career opportunities and paths to choose from. From the option of choosing to go for a master's degree, start your own business or step into the conglomerates, the possibilities for ACCA professionals are endless.
Based on the industry, job title, and sector you desire to work in, ACCA professionals will have plenty of job titles to opt from.
Here is the list of job titles that are in trend and most opted for by ACCA professionals:
No, there is no negative marking for ACCA exam grading either for MCQ-type questions or for essay-type questions. This gives an advantage to the candidates and there will be a possibility of answering all the MCQs without the concern of answers being wrong.
So, it is advised that candidates answer every MCQ-type question, even though they are not sure of the answer, as it increases your probability of improving your final score.
Most candidates taking their ACCA exams will have doubts about choosing the study material for exam preparation. If you take the ACCA exams by preparing with ACCA coaching institutions, faculty may suggest the best and most recently updated study material for your preparation.
But if you are someone doing the self-study for ACCA, Look no further, we are here to help you.
Here is the list of publishers of study material for ACCA
Study materials from this publisher are in-depth and the language is complex and professional. Practice questions in these materials have more deep concepts used compared to KAPLAN.
Study materials from this publisher have simple concepts well explained and the language is student-friendly. Questions in question bank sections are also relatively easy and are with simple concepts when compared to BPP.
Using either of the publisher's study materials will help you in clearing your ACCA exam. It is not that one publisher is superior to the other. Candidates will be able to clear the ACCA exams as long as they put in time and effort irrespective of the study materials chosen.
ACCA FIA (Foundation in Accountancy) is a set of entry-level qualifications developed by ACCA for candidates who do not meet the required eligibility for taking the ACCA.
Candidates Eligible for ACCA FIA:
So, ACCA FIA route is for these candidates who want to pursue ACCA but have not met the ACCA eligibility criteria.
ACCA FIA will require the candidates to give 7 additional exams before they take the Paper I of ACCA. On the contrary, Candidates taking the ACCA will start with Paper I.
Out of the 7 additional exams ACCA FIA candidates have to take, three exams are mandatory and four exams are optional.
Three exams mandatory for ACCA FIA candidates are:
So, here the advantage of taking ACCA FIA is that these above three exams are similar to Papers – I, II, and III were taken by ACCA candidates. So once an ACCA FIA candidate completes taking these three exams, they can start their ACCA by taking Paper IV directly.
The cost of taking your ACCA exams in UAE will cost you around AED9,800. Here is the breakdown of the cost of taking ACCA in UAE.
Summary of Product | ACCA Fee in AED |
---|---|
Initial Registration | 400 |
Annual Subscription | 1,500 |
Exam Fee- Level I- Knowledge level | 1,100 |
Exam Fee – Level II – Skill Level | 3,300 |
Exam Fee – Level III – Strategic Level | 3,200 |
Exam Fee – Ethics and Professional Skill Module | 300 |
Total Fees | 9,800 |
This is the cost just for registration and exams. This cost will vary based on the candidate's preparation. If the candidates opt for online coaching for all 13 subjects it will be AED3000 more.
ACCA certification offered by the Association of Chartered Certified Accountants (ACCA) has 4 levels or modules.
ACCA Candidates have to take exams in order, one module after the other order as of the above list. But within the module, candidates can take the subjects' papers in the order they prefer. It is entirely up to the candidate to select which subject to take first.
ACCA candidates will be allowed to take 4 exams in a single cycle among the 8 exams allowed in the course of the calendar year. ACCA tests are conducted in 4 examination cycles every year in March, June, September, and December months.
There are certain key differences between CA and ACCA. Firstly, ACCA is a global qualification while CA is offered only in certain countries. Secondly, CA is a five-year program while ACCA is a three-year program. Finally, CA requires students to complete an internship while ACCA does not.
You will need the following documents to register for ACCA
Yes, 10+2 is the minimum required qualification to pursue ACCA. You need to have a minimum of 65% in subjects such as Accounts or Mathematics and English and 50% in all other subjects.
You can choose the center of your choice as well but sometimes when there is an increased capacity of students in that particular center ACCA has to allocate candidates to other centers.
ACCA is a globally recognized career option in countries like Canada, Singapore, the UK, Japan, Dubai, Australia, Malaysia, Germany, New Zealand e.t.c. And it gives signing authority to qualified professionals in several nations such as the UK, Canada, EU, Australia, and others.
ACCA is a highly respected and well-recognized organization. They offer a wide range of services and programs that can benefit both new and experienced accounting professionals. In addition, ACCA is committed to helping its members stay current on best practices and developments in the accounting field.
ACCA also offers several networking and networking events throughout the year. ACCA members also have access to several online resources, including a members-only website and an online forum. ACCA is a great option for those looking for a challenging and rewarding career in accounting.
You can still use the late registration option through myACCA if you are a registered student but missed the deadline for standard exam entry. Only students who haven't previously attended the exam session are eligible for the late exam entrance option. No exam entries may be changed during the late exam entry period.
Although a commerce graduate who has not scored 65% in English, Accounts, or Math can study ACCA, their chances of success may be limited. ACCA is a highly challenging program, and students who do not have strong grades in these key subjects may find it difficult to keep up.
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