ACCA (the Association of Chartered Certified Accountants)
ACCA (the Association of Chartered Certified Accountants) is the global body for professional accountants. ACCA  aim to offer business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management.
ACCA support 131,500 members and 362,000 students throughout their careers, providing services through a network of 82 offices and active centres. ACCA infrastructure means that exams and support are delivered - and reputation and influence developed - at a local level, directly benefiting stakeholders wherever they are based, or plan to move to, in pursuit of new career opportunities. ACCA focus is on professional values, ethics, and governance , and ACCA deliver value-added services through 57 global accountancy partnerships, working closely with multinational and small entities to promote global standards and support.

Requirement for the course
The minimum entry requirements to register are 2 a level GCE plus three GCSE/GCE Ordinary level passes in five different subjects (including Maths and English) or equivalent overseas qualifications.

Mature Students Entry Route (MSER)
Individuals over 21 years who do not meet the minimum entry requirements may register through the Mature Student Entry Route (MSER). This is designed for students who the maturity and skills to deal with the ACCA Qualification instead of first undertaking the Certified Accounting Technician (CAT) qualification. MSER students must pass the equivalent of Paper F2, Management Accounting and Paper F3, Financial Accounting within two years of registering.

Course details
The course syllabus is divided into :

Fundamentals (nine papers in total)

Knowledge
• F1   Accountant in Business
• F2   Management Accounting
• F3   Financial Accounting

Skills
• F4   Corporate and Business Law
• F5   Performance Management
• F6   Taxation
• F7   Financial Reporting
• F8   Audit and Assurance
• F9   Financial Management

Professional (five papers in total)

Essentials
• P1   Accountant in Business
• P2   Management Accounting
• P3   Financial Accounting

Options (two to be completed)
• P4   Corporate and Business Law
• P5   Performance Management
• P6   Taxation
• P7   Financial Reporting


Course duration
It will take 2-3 years to complete the ACCA course.

Assessments

Written or computer based test taken by ACCA.

Progression Route
The ACCA Qualification will help your career progress in any organization. It's an established route to professional status - allowing you to use the 'ACCA' letters after your name on successful completion. Globally, employers will understand and respect your qualification. You will be in demand for your finance and accounting knowledge and skills worldwide, regardless of employment sector. ACCA can offer you various entry points onto its qualification, depending on your age and previous academic qualifications.

Course commencement date

• Monday third week of Jan, March, July and September
• Application deadline

• January Session :Monday second week of January
• March Session: Monday second week of March
• July Session: Monday second week of July
• September Session: Monday second week of September

Tuition Fee 
Annual tuition fee £3500.00 (Awarding body registration and examination fee not included)

Awarding body: ACCA (the Association of Chartered Certified Accountants)
ACCA is the global body for professional accountants. ACCA aim to offer business-relevant , first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management.
Within the ACCA Qualification there is a strong focus on professional values, ethics and governance - skills which are essential as the accountancy profession moves towards strengthened codes of conduct, regulation and legislation with an increasing focus on professionalism and ethics in accounting. As part of your ethical development towards ACCA membership, you will be required to complete a Professional Ethics module in addition to passing 14 exams (nine of which are eligible for exemption) and three-years' relevant practical experience.

Registration with ACCA
Registration can take place at any time, however if you wish to take part in specific paper-based exam sessions, the following deadlines apply:
For the June exams
Register 31 December of the preceding year
For the December exams
Register by 15 August of the same year

Register online

The quickest way to register as a student with ACCA is by registering online. You will need to:

• complete our online Registration Form
• pay online by Visa, MasterCard, AMEX, Switch or Solo
• print out and complete the ACCA Declaration Sheet, and enclose it with appropriate supporting documentation (proof of qualifications - eg a copy of the official transcripts and completion certificates)
• return it to our office in your country. If your country is not listed, send the form to ACCA in the UK.

You can register online now for one of the following qualifications:

• ACCA Qualification 

You will be allocated a unique reference number by e-mail. Please keep a note of this reference number as you can use it to track your application on the web.

Register by post

You can also register as a student with ACCA by completing an application form . You will need to:

• request an information pack and registration form to be sent to you in the post. Use the online order form below, or telephone us on +44 (0)141 582 2000
• complete the form and prepare your appropriate supporting documentation (proof of qualifications - eg a copy of the official transcripts and completion certificates)
• return it to the ACCA office
• send payment – fee payments can be made by Visa, MasterCard, AMEX, Switch and Solo or Sterling cheques valid in the UK, Sterling bank drafts drawn on a UK bank, or crossed British Postal Orders. Charges arising from other methods of payment will need to be added to payment. e.g. Sterling cheques drawn by banks outside the UK.

Exemption

• The exemption enquiry database details all exemptions that may be available on the basis of qualifications held by students. There may not be as many exemptions available to qualifications that have not been accredited by ACCA, as the awarding body has not provided ACCA with the opportunity to fully assess the qualification. ACCA does not consider individual applications for further exemptions.
• ACCA can only award exemption on the basis of qualifications awarded by recognised institutions (i.e. those which are recognised by the local Ministry of Education as public sector institutions, or the equivalent status under their regulations). If your institution is not listed on the exemption enquiry database, please send your documentation to ACCA Connect, for further review.
• Students will be required to pay an exemption fee for each paper awarded. Exemption fees are the same as examination fees.
• You must send official proof of any relevant qualifications which are held, or are currently being studied for, with your registration form, in order for us to assess your eligibility and confirm your entitlement for exemptions.
• Award certificates must be submitted for all completed qualifications. Academic transcripts should also be submitted for any qualification upon which you wish to claim exemption.
• Any documentation which is not in English must be officially translated before submission.

After you have registered

As soon as your registration application has been processed successfully (please allow up to 6 weeks), you will receive your student information pack, which contains all you need to know about being a student with ACCA, including:

• Registration card
• Student handbook
• Detailed syllabus
• Practical experience requirements
• Notification of any exemptions awarded (ACCA/CAT)
• Details of your personal passcode for access to ACCA online facilities.

You will also receive regular copies of the students magazine student accountant (finance matters for DipFM students) containing important information about forthcoming exams, technical articles on the syllabus, news, reviews and other useful information.

Examination

Sitting Exam

• ACCA exams are held twice a year, in June and December.
• There are more than 350 ACCA exam centers around the world.

Exams to suit you
With up to ten years to complete your studies, you take ACCA exams when it suits you - you choose the pace. You also have the option to select papers based on international accounting and auditing standards and, in certain countries, variant papers based on local law and tax. You may also be exempt from certain exams, depending on what other qualifications you have gained.

Entering for exams

You can enter for ACCA exams by the following methods:

• online - accessing myACCA using your registration number and passcode, and entering the details required
• by post - returning the exam entry section of your Results/Exam Entry Form to ACCA.

You will be sent an acknowledgement e-mail/letter as soon as your entry has been processed, detailing the information ACCA have recorded for you. Please read this carefully and ensure that the papers, centre, variant, and accounting and auditing standards are correct.
If you do not receive your acknowledgement within 10 days of sending your entry form, please contact us or access myACCA to ensure that your entry has been received.

Exam entry
Try and submit your Exam Entry Form as early as possible and before the exam entry form deadline - 15 October for December exams and 15 April for June exams.
Please remember to only submit one exam entry form per exam session. If you submit an online exam entry form then please do not also submit a postal exam entry form. Similarly, if you have submitted a paper form, then there is no need to also submit an online exam entry.
If you submitted an online exam entry form, you can make changes to your preferred exam centre and variant papers using myACCA up to the exam entry deadline. If you completed a paper exam entry form, you can make a request in writing to ACCA Connect to change your exam entry - marked 'change to exam entry' - but we cannot guarantee that this will be processed in time for the exams. Please do not submit another exam entry form.
Due to the number and complexity of the processes that must be carried out prior to the exams, it is not possible to make amendments to entries after the exam entry closing date. It is therefore highly recommended that you send your entry as early as possible in order to ensure it is received and processed prior to the closing date.
Please note that exam entries can only be made by the above two methods. Faxed and e-mailed entries will not be accepted. The correct fee plus any outstanding fees owed must accompany all exam entries.

Late exam entry
If you miss the regular exam entry deadline, you have up to three weeks to submit your exam entry through the online late exam entry process. There is a charge of £110 per paper plus the exam entry fee for this service and please note that this is only an online service - ACCA cannot process late paper exam entry forms during this time.

Exam centers

ACCA operates over 200 examination centers in more than 140 countries at each examination session. Special facilities can be arranged for disabled students, and where appropriate - for example in remote areas or where religion places restrictions on attendance at regular examination centers - ACCA will consider requests to set up alternative examination centers.
Use this form to search for details of examination centers currently operated by ACCA.

Special exam centers
It is possible to arrange paper-based exams at centers other than those listed in the exam centre database. These are referred to as special centers. Requests for special centers should be sent in writing, together with your exam entry form, to ACCA's Exams department by:

• 15 March for June exams
• 15 September for December exams.

It is only possible for ACCA to arrange special centers if ACCA are satisfied that the same standards of facilities and invigilation that exist at our regular centers will be available.

Special exam centre fees
If you are taking the exams at a special centre, you will be required to pay any additional local invigilation and accommodation fees involved which are normally paid direct to the Exam Supervisor in advance of the exam date.

Exam timetables

ACCA exams extend over an eight day period with one session of exams each day. The exams are held concurrently in five different timezones.

Starting times in each of these timezones will be:

Local starting times will be set falling out from these base start times for every centre. Details of local start times can be found against each centre on the exam centre list accompanying your exam entry form (when this is sent to you).

ACCA Qualification

December 2009 session

Computer based exams

Computer-based exams (CBEs) are available for the ACCA Qualification (Papers F1-F3). Sitting CBEs pr0pvides the following benefits:

• Flexibility - You are not restricted to June and December paper-based exam sessions as you can sit CBE at any time of year. CBE also offers flexibility for re-sits, which you can take at any time. There is no restriction on the number of times you can resit the exams by CBE.
• Instant feedback - Your result is displayed on the computer screen at the end of the exam.
• Results - Your results are uploaded by the licensed centre and will be transferred to your ACCA account within 72 hours.

How does CBE work?

• Find a CBE centre offering the exam(s) you wish to sit by CBEs.
• You will need to pay the CBE centre directly for the exams you wish to sit.
• Prior to the exam, the CBE centre will set up time-restricted access to the exams. (The exam must be sat on the scheduled date and time).
• On the day of the exam, your identity will be checked by the invigilator against the ACCA registration cards, further validity and eligibility checks are carried out, and then the invigilator instructions will be read out.
• You are then asked to start the exam software and input validation details the into the software. This will further check your identity and eligibility to sit the exams.
• Instruction screens will be displayed and you may then start the exam when advised to do so by the invigilator.
• Once the exam is started, the questions are displayed on screen and the answers are input directly onto the CBE software.
• On completion of the exam, the final percentage score is calculated and displayed on screen.
• You will be asked to print two copies of the Provisional Result Notification; one copy is retained by the CBE centre and the other is for your records.
• The CBE centre uploads the results to the CBE system and these will be transferred to your records with ACCA within 72 hours.

Special arrangements

As part of ACCA’s Equal Opportunities Policy we can also make special arrangements for you if you are disabled or have special requirements. As part of this policy – and in accordance with the UK Disability Discrimination Act 1995 – ACCA actively strive to ensure that no individual will be disadvantaged due to a disability when they access our exams.
ACCA is committed to ensuring that every student has the opportunity to benefit from suitable exam conditions in accordance with their specific requirements.ACCA’s team of exam administrators work continuously with both students and exam centres to ensure that the appropriate exam conditions are in place to help all candidates demonstrate their competence in the disciplines being assessed in our exams.
In many instances additional time to complete exams, provision of a scribe or reader, enlarged text on question papers and many other ‘reasonable adjustments’ are arranged in order to achieve this.
Each and every request is dealt with on an individual basis by our experienced team, focused on ensuring that no candidate is disadvantaged during the exam process.
ACCA also provide a clear grievance procedure – in line with the requirements of the UK Disability Discrimination Act 1995 – to ensure any issue raised by a student is resolved fairly and without unnecessary delay.
ACCA continually monitors the effectiveness of these policies and procedures to ensure that our disability awareness is of the highest standard and that our students benefit accordingly.
You may have submitted information regarding a disability on your Initial Registration form and if so, ACCA will already have a record of your requirements.
However, if your circumstances have changed since the time of your registration, it may be possible for special arrangements to be made for you. If you need special facilities then please notify the exams department in Glasgow. In such cases, medical evidence of the nature of the disability must also be submitted.
ACCA Exams Department
2 Central Quay, 89 Hydepark Street,
Glasgow G3 8BW, United Kingdom
tel: +44 (0) 141 582 2000
fax: +44 (0) 141 582 2222
e-mail: students@accaglobal.com

Exam Result
ACCA's exam sessions take place over an eight-day period in June and December, with one exam scheduled each day.

Receiving your exam results

The quickest way to receive your exam results is via email. Don't forget to register for this service through myACCA and to make sure you keep your e-mail address up to date.
ACCA will start to despatch June 2009 exam results via email the week commencing Monday 17 August and you will also be able to access your results via myACCA 
Exam results will be sent via post to all students from Wednesday 19 August.

Receiving your exam results

Make sure you can access your exam results as soon as they are available by registering to receive your exam results online.
All you need to do is visit myACCA ,check to make ACCA have an up-to-date email address for you and opt in to receive your exam results via email. You have until 12.00 GMT on Friday 14 August to subscribe.
And when you have subscribed to the online exam results service you will then continue to receive your exam results online until you have completed all your exams or decide to unsubscribe from the service.
ACCA will start to despatch exam results via email the week commencing Monday 17 August and you will also be able to access your results via myACCA 
Exam results will be sent via post to all students from Wednesday 19 August.
So if you haven't already done so, why not subscribe to the online exam results service today and then wait for your exam results to arrive in your inbox on 17 August.

Administrative Review
ACCA has a range of procedures in place which reviews the academic judgements made by examiners and these ensure that the final results are robust. However following publication of the results if you do not feel that your result reflects your perceived performance, you may request an Administrative Review under the following circumstances:

• ACCA 's procedures have not been properly applied in arriving at your mark
• you have received an absent mark but you were present at the examination
• you were not present at an examination but have received a mark.

If you wish to request an Administrative Review, please complete the form which you will find in student accountant and submit it to the return address at the bottom of this form within 15 days from results release date, enclosing the appropriate fee.
ACCA will carry out an Administrative Review of all processes followed to determine your final mark. You will receive written confirmation of the outcome of the Review in week commencing 23 March for February results and week commencing 22 September for August results. If your mark is amended as a result of the Administrative Review, you will receive a refund of your Administrative Review fee and an amended examination entry form, if applicable.
If on receipt of your Administrative Review you believe that ACCA did not apply its procedures properly you may appeal to the Examination Appeals Committee by submitting your appeal in writing to Head of Examinations within 10 working days of the issue of your Administrative Review by ACCA and submitting the required fee. Your appeal will be forwarded to the Committee for consideration.
Please note that candidate scripts remain the property of ACCA and will not be returned under any circumstance.

How ACCA process your results

ACCA go to great lengths to ensure that each exam paper is rigorously checked and tested so that it fairly and accurately tests the abilities of well prepared students. This section explains the process involved when setting and checking all ACCA exam papers.

Setting the exam papers

ACCA’s exam papers are set by a team of Examiners and subsequently checked by a panel comprising the Examiner, an Assessor, Subject Co-ordinator and Exam Sitter. Each Examiner is responsible for setting the question paper, writing the suggested published answers and producing a marking scheme. No member of the team is permitted to teach students who may be sitting any of the papers for which he/she is responsible. Examiners are required to report to us any attempt made by a student to discuss future papers with them.
Once an exam paper has been drafted, it is reviewed by an Assessor whose job it is to ensure that the questions are relevant to the syllabus and that the paper is fair and balanced throughout. The Assessor also ensures that the suggested answers and marking schemes are suitable for publication.
Next, a Subject Co-ordinator examines the agreed version of the question paper, suggested answers and marking scheme to ensure that they have been set in accordance with the standards required for that level of the exams. The Subject Coordinator also checks to see that the exams are consistent with previous exam sessions, avoid unnecessary overlap with other papers and ensure progression.
Once the paper has been fully considered, it is attempted by the Exam Sitter – our examiners don’t expect you to sit a paper that they are not prepared to sit themselves! The purpose of this is to ensure that the paper can be completed by an average student in the time available. The Exam Sitter then produces a report outlining in detail any problems encountered sitting the question paper.
At all stages, the Examiner, Assessor and Subject Co-ordinator for each paper works with ACCA’s full-time team of Education Advisers who co-ordinate and monitor the papers throughout the process, providing an additional level of quality assurance.

Marking exam scripts

Each Examiner co-ordinates a team of Qualified Markers responsible for marking candidates’ scripts. Markers’ meetings are held as soon as possible after the final paper for each exam session to discuss potential problems and establish a clear marking strategy. To ensure fairness in the marking of scripts, the marking team does not know the identity of the candidates.
ACCA do not set a target percentage of candidates to be successful at each exam sitting. Your results in each and any paper are totally uninfluenced by any previous exam record, or the performance of other candidates. Examiners and Markers pay particular attention to borderline scripts and the need to ensure consistency between exam markers.

Exam certificates

ACCA issues certificates for certain ACCA exams twice a year after the exam results are released.

Certificate of Achievement
Students are awarded a Certificate of Achievement if they achieve a pass mark of 85% or above for individual passes in Papers F1, F2 and F3.

Fundamentals Level Certificate
Students are awarded a Fundamentals Level Certificate when they have successfully completed all of the exams in the Fundamentals level of the ACCA Qualification (Papers F1–F9).

Professional Level Certificate
Students are awarded a Professional Level Certificate when they have successfully completed all of the exams in the Professional

Contact person
Principal Shekhar Sharma
He can be contacted at 0044-2088546158 or email shekhar@lcoem.com.

level of the ACCA Qualification (P1–P3 and any two of the Options papers from P4, P5, P6 and P7).