To help students excel in all aspects of the finance and accounting field, the course is divided into three levels or stages prepared for your ACCA that students' are required to complete, each crucially cultivating students' talent:
Stage One:
The first stage, Applied Knowledge, mainly focuses on building a solid base of the core accounting subjects among students.
Subjects Included:
The Applied Knowledge exams consist of three subjects:
- Business and Technology (BT)
- Management Accounting (MA)
- Financial Accounting (FA)
Examination Pattern:
As this is an entry-level stage, the examination pattern here is not very difficult. This part is objective. It requires you to achieve fifty marks out of a hundred to pass the examination.
Stage Two:
The second stage is applied skills and is more rigorous than the first. The course consists of six subjects to sharpen the student's accounting skills.
Subjects Included:
As mentioned above, the second stage of the ACCA certification course consists of six subjects:
- Business and Business Law (LW)
- Performance Management (PM)
- Tax (TX)
- Financial Reporting (FR)
- Audit and Assurance (AA)
- Financial Management (FM)
Examination Pattern:
The difficulty level increases in all aspects as the students appear for their stage two examinations. First and foremost, the curriculum of this level is not as basic as the entry-level, with subjects dealing with various in-depth concepts relating to accounting. The students also have to appear for six examinations at this level as opposed to two in the previous one, significantly increasing their syllabus. And finally, here, only one paper, i.e., Business and Business Law (LW), is 100% objective, and the remaining subjects are a mix of objective and subjective.
Stage Three:
The third level is the course's final stage, Strategic Professional. Strategic professional exams aim to nurture students' strategic and critical thinking skills and transform them into young professionals. It is considered the most difficult of all three stages.
Subjects Included:
The third and final stage of the ACCA course consists of 6 subjects. Two of these subjects are compulsory papers, and the remaining are optional. However, optional does not mean students can skip these; it only means they can select the exam they want to appear on from four choices. To select the optional subjects, students have four options.
The Compulsory Subjects
- Strategic Business Leader (SBL)
- Strategic Business Reporting (SBR)
The Optional Subjects:
- Advanced Financial Management)
- Advanced Performance Management (APM)
- Advanced Tax (ATX)
- Advanced Research and Assurance (AAA)
Examination Pattern:
As discussed already, stage three is the hardest level of the ACCA course. While a lot of it has to do with the curriculum of this level, the examination pattern of the course also contributes to its difficulty level. Unlike the previous two levels, no part of this level is objective. Therefore, students must face a fully subjective examination pattern for all four papers at this level.
Read More :
