ACCA

(Association of Certified Chartered Accountants)

ACCA stands for Association of Chartered Certified Accountants. It was founded in 1904 in
England. The ACCA qualification is highly regarded accountancy qualification. Over 160
countries has its tuition providing centers. About 460000 students are taking its tuition in
different countries.
ACCA has 14 papers in total. It has Fundamental level (knowledge and skill) and
professional level (Essential and optional paper). The first three papers (knowledge papers) can
be taken as CBE (computer based exam) or as manual paper. while the rest 11 papers are taken as
manual paper (paper based exam, PBE). The passing marks for each paper is 50%. There are two
manual exams per year, in June and in December. After passing all the papers of ACCA, three
years of relevant practical experience is required.

ACCA EXAMINATIONS & SUBJECTS

Paper

Description

Exam

Exam

Duration

Mode

FUNDAMENTAL Level - KNOWLEDGE

F1
F2
F3

Accountant in Business
Management Accounting
Financial Accounting

2 Hours

CBE or

2 Hours

PBE
CBE or

2 Hours

PBE
CBE or
PBE

FUNDAMENTAL Level - SKILLS*

F4
F5
F6
F7
F8
F9

Corporate and Business Law

Performance Management
Taxation
Financial Reporting
Audit and Assurance
Financial Management

3 Hours
3 Hours
3 Hours
3 Hours
3 Hours
3 Hours

PBE
PBE
PBE
PBE
PBE
PBE

PROFESSIONAL Level - ESSENTIALS*

P1
P2
P3

Professional Accounting
Corporate Reporting
Business Analysis

3 Hours
3 Hours
3 Hours

PBE
PBE
PBE

3 Hours
3 Hours
3 Hours
3 Hours

PBE
PBE
PBE
PBE

PROFESSIONAL Level - OPTIONS*

P4
P5
P6
P7

Advanced Financial Management

Advance Performance Management
Advanced Taxation
Advanced Audit Assurance

Entry Route to ACCA.

There are different entry routes to ACCA, depending upon age and previous academics
qualification of student.
Route-1. (On Qualification Base)

2 years B.Com / BA / BSc

or

2 Passes in A-Level and three GCSE or equivalent in five separate subjects including
Math's and English (If not, then IELTS 6.5 band or TOEFL with CBE - 170/PBE 500
scores).
or
CAT (Certified Accounting Technician), CAT is also offered by ACCA. Read about it in
the last of this topic.
Route-2. (On Age Base)
Age should be 21 or above. No formal qualification is required. F2 and F3 must be with
in two years from the date of first exam.

Fee structure.
Registration FEE - ACCA *
Initial Registration
Annual Subscription

66
66

Examination / Exemption Fee (For PBE)

Knowledge Module (3 Papers)
Skills Module (6 Papers)
Professional Level (7 Papers)

53 per paper
66 per paper
78 per paper

Tuition Fee.
Tuition fee per paper is different in different colleges.

Important Dates
INITIAL & EXAMINATION REGISTRATION DEADLINES WITH ACCA: For PBE:

Examination
June Attempt
December Attempt

Initial Registration Date

Exam Registration Date

31st December of the Previous Year.

15th August

15th April
15th October

EXAM RESULTS DATES

June Exams

Mid August

December Exams
Flexibility.

Mid February

You can take the first three paper as manual paper as well as computer based exam

You have choice of sitting up to four papers per exam.

Rules.

Student has ten years to complete all the papers.

The Knowledge module must be completed before the Essentials & Options module can
be attempted.
Up to four papers can be taken in one exam.

Exemption of papers.

Exemption up to first four paper is given to degree holder of MBA, Mcom, CA inter by
ACCA.

Knowledge level is fully exempt to the CAT qualified students.

Paper(s) of Modules A & B

Exemptions for Graduates (with 4 years degree or foreign Graduates with 3 years degree) /
Post Graduates
Minimum of 70% marks in relevant paper(s) of Module A and B from which the
Eligibility
candidate is seeking exemption; and 70% match of course content of relevant
Criteria:
paper(s).

Exemptions Scheme CA
Qualifications

Exemption from Examination

Chartered Accountants from England & PPT, Foundation, Intermediate &

Wales, Scotland, Ireland, Australia & Professional (except Paper E-15 and
Canada
F-19)
PPT, Foundation, Intermediate
PE-1 (ICAEW)
Further Exemption on Paper to
Paper Basis

Reduction in
training period
Completely
Exempt
None

Foundation ICAEW (UK)

PPT Foundation and Paper C 6, C 8,

D11, D12 of Intermediate

None

CIMA (UK)
CPA (AICPA)
Member of ICMA (Pak)
Intermediate/A-Level/Graduates
4 years degree/Post Graduates

PPT, Foundation and Intermediate

PPT, Foundation and Intermediate
PPT, Foundation and Intermediate
Paper A1, A2 and B3 of Foundation
Module A & B

6 Months
6 Months
6 Months
None
None

CA Chartered Accountancy, Pakistan

CA, Chartered Accountancy is accountancy qualification offered and conducted by ICAP
(Institute of Chartered Accountants of Pakistan). Chartered Accountants work for small and big
firms that offer fee earning advisory and management services to clients and businesses in the
industrial, commercial and non profit sectors. Chartered Accountants audit the accounts of such
clients and businesses. They can also be involved in specialist areas of financial advice such as
tax etc. They are also employed in banks, commercial organizations, and the private and public
sectors.
Chartered Accountancy is a rewarding career and has excellent prospects for employment in
audit firms and in local companies, multi-nationals, and local and foreign banks. The profession
has stood the test of time, and career opportunities for Chartered Accountants are unfolding as
corporations increasingly realize the importance of professional values, ethics and good
governance.

Entry Route to CA
Full-Time Scheme:
1. Minimum Requirement: HSC in 45 % (OR) A-Level with minimum two passes
2. Pre-Entry Proficiency Test

3. Such Students have to Pass Modules A to D of CA. Then complete training for 3 years.
Then pass Module E & F of CA to become CHARTERED ACCOUNTANT
OR
Trainee Scheme:
1. Minimum Requirement: Graduation in 2nd Division (OR) Master in 2nd Division, (OR)
ACCA, (OR) CIMA (OR) ICMAP
2. Pre-Entry Proficiency Test
3. Such Students have to pass Modules A to F of CA. and then complete training for 3 years,
to become CHARTERED ACCOUNTANT.

Subject in CA Program
FOUNDATION
Module A
Paper A1 Functional English
Paper A 2 Quantitative Methods

Module B
Paper B 3 Introduction to Economics and Finance
Paper B 4 Introduction to Financial Accounting
Paper B 5 Mercantile Law

INTERMEDIATE
Module C
Paper C 6 Financial Accounting
Paper C 7 Taxation
Paper C 8 Business Communication and Behavioural Studies

Module D
Paper D 9 Company Law
Paper D 10 Cost Accounting
Paper D 11 Auditing
Paper D 12 Information Technology

FINAL

Module E
Paper E 13 Information Technology Management, Audit and Control
Paper E 14 Advanced Accounting & Financial Reporting
Paper E 15 Corporate Laws
Paper E 16 Business Management

Module F
Paper F 17 Management Accounting
Paper F 18 Business Finance Decision
Paper F 19 Advanced Taxation
Paper F 20 Advanced Auditing

FEE STRUCTURE
SCHEDULE OF FEE FOR 2010-11
S. No Fee Description
1. Registration Fee Full Time Students (FTS)
2 Registration Fee Trainee Students
3. Training Contract Amendment Fee
4. Trainee Student Certificate Fee
5. Duplicate Copies of Completion Certificate
6. Transfer Fee for Trainee Student
7. Registration as a new Training Organization
8. Opening of each new Training Office
9. RAET Application Fee
10. Induction of New RAET
11. RAET Annual Registration Fee
12. RAET Appraisal Fee

(Rupees)
7,500
10,000
1,000
500
200
8,000
20,000
11,000
5,200
100,000
105,000
52,500