ACCA (Association of Chartered Certified Accountants)
ACCA was founded in 1904 and is the fastest growing global body of professional accountants in the world, helping people across the globe to become successful finance professionals. ACCA is one of the most widely recognised international certifiers for finance and controlling professionals, with more than 200 thousand members and 500,000 students around the world.
What is the ACCA Qualification?
The ACCA qualification is a graduate program (taught in English) equivalent to a UK master’s degree and is recognised in 181 countries, including: United Kingdom, Germany, Canada, Italy, New Zealand, Malaysia, Portugal, and Singapore. Students can also obtain a master’s degree from the University of London in addition to the ACCA qualification by completing an additional research project.
Professional and Academic Recognition
The ACCA qualification is a hard thing to achieve. Holders of the qualification are recognized in business for their technical proficiency. ACCA Members have privileged status in law and ACCA certifications are formally recognised by UK, European and other academic regulators and national accounting bodies.
ACCA is one of five internationally recognised accounting qualifications.
Under Section 389 of the UK Companies Act 1985, a person is not qualified for appointment as auditor of a company unless a member of:
(a) the Institute of Chartered Accountants in England and Wales (ICAEW),
(b) the Institute of Chartered Accountants of Scotland (ICAS),
(c) the Association of Chartered Certified Accountants (ACCA),
(d) the Institute of Chartered Accountants in Ireland (ICAI).
Click here to see the UK qualification framework recognition.
The equivalent qualification in the United States is the Certified Public Accountant (CPA) license. Most States require the CPA to provide attestation (including auditing) opinions on financial statements.
Academically, the study required for achieving full ACCA qualification is assessed at 5,100 Notional Training Hours. The ACCA Advanced diploma in Accounting and Business is recognized by UK and European Academic Registration Boards as equivalent to a Bachelor’s Degree (BSc.) and the ACCA Strategic Professional Certificate is recognized as equivalent to a Master’s Degree (MSc.). Because ACCA receives academic as well as professional recognition, you can also obtain a Bachelor of Science degree from Oxford Brookes University and a Master of Science degree from the University of London in synergy with your ACCA qualification.
The academic synergy and contractual partnership between ACCA and the universities greatly reduces the time and cost of obtaining these degrees. So, if you are thinking of studying for a Bachelor´s degree in accounting, or a Master’s degree, this programme could be perfect for you!
The programme
The programme contains 13 rigorous exams in the English language, divided into three successive levels, ACCA Diploma in Accounting and Business, ACCA Advanced Diploma in Accounting and Business, and ACCA Strategic Professional. The exams cover business and technology, performance management, financial reporting, business law, audit and assurance, taxation and financial management, and allow students to earn the Bachelor of Science (Hons) Applied Accounting from Oxford Brookes University, as well as the Master of Science Professional Accountancy at the University of London, in addition to ACCA Qualification.
BSc (Hons) degree in Applied Accounting from Oxford Brookes University in the UK
ACCA and Oxford Brookes University have worked together to develop a Bachelor’s Degree in Applied Accounting, which is available exclusively to ACCA students who wish to earn a degree while studying for the ACCA certification. Students in Brazil can obtain this degree through SHP Financial Training.
There are many benefits to completing the course, the main one being a degree and a professional accounting certification are a powerful combination of certifications to have, putting you in demand with employers and increasing your career prospects.
Steps:
Enroll at Oxford Brookes University BEFORE you pass any of the Financial Reporting (FR), Auditing and Assurance (AA) or Financial Management (FM) exams.
Pass the ACCA Advanced Diploma in Accounting and Business exams.
Distance research project. SHP Financial Training provides mentoring for the research project.
Requirements
To be awarded the Oxford Brookes BSc (Hons) in Applied Accounting you must:
- Enroll at Oxford Brookes University, ie opt for the BSc degree program on your ACCA student enrollment.
- Pass the Financial Reporting (FR), Auditing and Assurance (AA) and Financial Management (FM) exams and complete the other Applied Knowledge and Applied Skills exams per exam or waiver.
- Complete the ACCA Ethics and Professional Skills module.
- Prepare the Oxford Brookes University Research and Analysis Project with guidance from a mentor.
University of London Master of Science in Professional Accountancy
To stand out in a competitive market, ACCA students receive the unique opportunity to earn a Master’s Degree in Professional Accounting from the University of London in addition to their ACCA qualification. Students in Brazil can obtain this master’s degree through SHP Financial Training. After completing the following five steps, students gain both the ACCA Qualification and the Master’s Degree in Professional Accounting from the University of London.
Step 1 – Matriculation
Step 2 – ACCA Knowledge Exams (passes/exemptions)
- Accountant in Business (AB), Management Accounting (MA), and Financial Accounting (FA).
Step 3 – ACCA Knowledge Exams (passes/exemptions)
- Business Law (LW), Performance Management (PM), Taxation (TX), Financial Reporting (FR), Audit and Assurance (AA), Financial Management (FM).
Step 4 – ACCA Strategic Professional Essentials
- Two preparation courses (material included) offered online or face-to-face in São Paulo: Strategic Business Leader (SBL) and Strategic Business Reporting (SBR).
- Ethics and Professional skills online module.
Step 5 – Master’s in Professional Accountancy from the University of London
- Strategic Financial Management (SFM) and Strategic Performance Management (SPM) courses offered through the University of London with local support from SHP.
- Mentored Strategic Financial Project.
Target Audience
Finance and accounting professionals who aim to take leadership positions in large / multinational organisations. All types of business need professionals who understand finance and accounting, talented people who can help make the business a success. The ACCA Qualification provides the skills and knowledge relevant to any area, allowing you to choose your career direction.
SHP and ACCA
SHP Financial Training is the only ACCA Gold Learning Partner in Brazil and offers online preparatory courses for ACCA exams. Classes are taught in English.
Testimonials
“The best thing was to find SHP Financial Training in Brazil. They helped me with my registration and were always helpful with my questions. I am very excited to start my studies for ACCA, I am sure it will help me find the best job ever.” Xaiane Jaensen, ACCA student
Kieran McManus, Partner, Capital Markets, PwC Brasil, talks about the benefits of the ACCA programme:
ACCA Journey
There are three levels of certification that can be obtained on the journey to becoming ACCA qualified:
- ACCA Diploma in Accounting and Business. Duration: approximately 6 months or until the student gets the necessary knowledge to progress to the next phase.
- ACCA Advanced Diploma in Accounting and Business (optional: Undergraduate degree in Applied Accounting from Oxford Brookes University in the United Kingdom). Duration: From 15 to 18 (may vary depending on the exemptions the student has).
- Strategic Professional and Master’s in Professional Accountancy from the University of London in the United Kingdom). Duration: 12 months.
Course Duration
The total duration of the program, including all three levels, is 5,100 notional hours of learning, including hours of classroom learning, home study, on-the-job learning (professional experience), exam preparation time and exam time.
Exam Exemptions
Students may receive exemptions from some exams depending on their academic background, which will decrease the number of hours needed to complete the program.
If you have an accounting or finance degree you should receive exemptions from the first 3 or 4 of the 13 exams. Graduates of degree courses accredited by ACCA may be eligible for additional exemptions as follows:
- FGV – Mestrado Profissional em Gestão para Competitividade – Finanças e Controladoria – 9 exam exemptions
- PUC-SP – Bachelor of Accounting – 9 exam exemptions
- Universidade de São Paulo – Bachelor of Accounting – between 4 and 7 exam exemptions depending on modules studied
- FIPECAFI – Bachelor in Accounting – between 4 and 5 exam exemptions depending on modules studied
- Universidade Mackenzie – Bachelor in Accounting – between 4 and 5 exam exemptions depending on modules studied
Teaching Methodology
- Learn – interactive teaching classes focused on applying knowledge to exercises.
- Practice – question and exam technique guidance.
- Consolidate – progress tests and a practice exams with mentoring and debrief classes.
Resources and Support provided to students
The course includes everything you need to pass the exam at no additional cost.
- Pass guarantee – we aim for you to pass the exam first time, but if you don’t, you will continue to have access to the resources and support until you pass.
- Home Study Plan, an excel spreadsheet which should be used as a guide to navigate the study material that you have at your disposal and keep track of your progress. The file has several tabs and includes the pre-course work to be done before the course starts.
- Question surgery by WhatsApp and in live classes.
- Live mentoring classes.
- On Demand Learning Lectures.
- On Demand Practice Lectures.
- Progress Tests throughout the course.
- Bank of Questions.
- Simulation exams.
- Free ACCA Diploma in Accounting and Business classes. If you are in the ACCA Advanced Diploma phase and you feel you need additional support with your English and/or basic technical knowledge (Business and Technology, Management Accounting and Financial Accounting), we offer the option to join our ACCA Diploma in Accounting and Business classes at no additional cost.
- Administrative Support with student registration (discounted exemption fees also provided), exam bookings, annual subscription, student renewal fees, other ACCA administration issues.
- Student Welfare Officer.
- Career guidance (offered to all students and alumni).
(c) 2014 – 2022 SHP Financial Training – Suggestions and Complaints Policy – Terms and Conditions – Work with Us