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Detailed information on the ACCA latest exam changes

ACCA latest exam changes

ACCA latest exam changes :Founded in 1904, the Association of Chartered Certified Accountants (ACCA) is the global professional accounting body offering the Chartered Certified Accountant qualification (ACCA or FCCA). From June 2016, ACCA recorded that it has 188,000 members and 480,000 students in 178 countries. ACCA’s headquarters are in London with principal administrative office in Glasgow. ACCA works through a network of 100 offices and centres and more than 7,100 Approved Employers worldwide, who provide employee development.

The term ‘Chartered’ in ACCA qualification refers to the Royal Charter granted in 1974.

Chartered Certified Accountant is a legally protected term. Individuals who describe themselves as Chartered Certified Accountants must be members of ACCA and if they carry out public practice engagements, must comply with additional regulations such as holding a practising certificate, carrying liability insurance and submitting to inspections.

The Association of Authorised Public Accountants (AAPA), one of the British professional bodies for public accountants, has been a subsidiary of ACCA since 1996.ACCA works in the public interest, assuring that its members are appropriately regulated. It promotes principles-based regulation. ACCA actively seeks to enhance the value of accounting in society through international research. It takes progressive stances on global issues to ensure accountancy as a profession continues to grow in reputation and influence.

ACCA latest exam changes

WHY OUR EXAMS ARE CHANGING

Ultimately we are making these changes to benefit our students and employers, with changes coming as a result of your feedback and our extensive approach to exam development.

All of the recent and upcoming changes we’re making to our exam offering are based on our vision of:”Providing innovative, market leading assessment and learning support, enhancing the flexibility and relevance of our qualification through technological solutions, which maintain or improve the rigour and security of assessments.”

 ACCA latest exam changes

RELEVANCE

To ensure the ACCA Qualification reflects what employers require in newly qualified finance professionals we continually assess the Qualification, updating it where necessary to stay relevant with modern ways of working.  As a result we have and are introducing more assessment by a computer based method to test students on the skills required in the modern workplace.

These changes are in addition to the syllabus changes we make each year, to ensure we continue to test students on the most relevant content and in the way most relevant to  so that they remain in demand from employers.

FLEXIBILITY

We are making our exam model more flexible provide so that the exams can better fit around an individual student or employer’s commitments.  For example we have introduced more exams available as On-demand CBEs at the early stages of our Qualification offerings and increased our exam calendar to four exam sessions a year.  This not only provides students with more options of when to sit exams, but also provides them with the potential to progress through to membership quicker depending on their circumstances.

INNOVATION

We like to Think Ahead at ACCA and as a result we are making innovative assessment and exam delivery changes.  For example, we are designing sophisticated new question types to be used in our new Session CBEs and in order to ensure students receive a fair and reliable result we will be using an innovative security system.

RIGOUR

Whilst making all these changes to our exams, you can be assured that our approach to exam development will always have the rigour and quality of our Qualification as its main focus.  For example, we have gone through an extensive consultation and trialling process for our new Session CBEs with employers, content providers and students so that they continue to examine the same learning outcomes as their paper based equivalents and to the same standard.  Therefore you can have confidence that all students will receive a fair and accurate assessment based on their performance.

ACCA latest exam changes

ACCA stands for the Association of Chartered Certified Accountants a leading international accountancy body. The ACCA qualification is recognised and is treated in other countries as being equivalent to their local qualification.

brief history of ACCA:

ACCA traces its origin to 1904, when eight people formed the London Association of Accountants to allow more open access to the profession than was available through the accounting bodies at the time, notably the Institute of Chartered Accountants in England and Wales and the Institute of Chartered Accountants of Scotland. As of 2006, the goal of ACCA is to become the world’s largest global professional body.

The term ‘Chartered’ in ACCA qualification refers to the Royal Charter granted in 1974.

Chartered Certified Accountant is a legally protected term. Individuals who describe themselves as Chartered Certified Accountants must be members of ACCA and if they carry out public practice engagements, must comply with additional regulations such as holding a practising certificate, carrying liability insurance and submitting to inspections.

The Association of Authorised Public Accountants (AAPA), one of the British professional bodies for public accountants, has been a subsidiary of ACCA since 1996.

ACCA works in the public interest, assuring that its members are appropriately regulated. It promotes principles-based regulation. ACCA actively seeks to enhance the value of accounting in society through international research. It takes progressive stances on global issues to ensure accountancy as a profession continues to grow in reputation and influence.

ACCA latest exam changes

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