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Details of the ACCA professional skills modules

ACCA professional skills modules

ACCA professional skills modules: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 professional skills modules

The complete finance professional knows how important it is to have the technical skills but also the softer skills to deliver effectively in the workplace. That’s why we’ve created a range of Professional Skills modules, designed to help you develop skills in communications, team working and relationship building.

The modules are optional but will support the achievement of performance objectives for the practical experience requirement (PER). They also link to the competency framework and support your development as a complete finance professional.

ACCA professional skills modules

COMMUNICATING EFFECTIVELY

This module will cover different communication styles, barriers to effective communication and how impressions and judgements are formed. The modules will also help you to develop questioning and listening techniques as well as improving your written, verbal and virtual communication skills.

BPP UNIVERSITY ENGLISH LANGUAGE SUPPORT FOR ACCA

This new free course will offer you English language study support across the 70 ACCA Qualification modules. It is written and delivered by BPP University School of Foundation and English Language Studies. Content is tailored to support ACCA students at each stage of the ACCA Qualification, from F1 through to P7.

Find out more about the BPP English Language course.

Working Relationships

This module will cover your interactions with others including how you prefer to interact with people and the implications of this. It will allow you to understand the impact you have on those around you, as well as allowing you to recognise the differences in other people and use this to build rapport. The module will also help you to develop skills in giving and receiving feedback and increase your ability to get your point across.

These modules have been designed for students but will also be of interest to affiliates, as well as employers and tuition providers who may want to promote the modules to their employees and students.

START USING THE PROFESSIONAL SKILLS MODULES

You can access the modules – Communicating Effectively and Working Relationshipsthrough the student virtual learning centre. If you are using this virtual learning centre for the first time you will need to create login accounts. You will find instructions on the site.

ACCA professional skills modules

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.

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.

Chartered Certified Accountant is the professional body’s main qualification. Following completion of up to 14 professional examinations, three years of supervised, relevant accountancy experience and a professional ethics module, it enables an individual to become a Chartered Certified Accountant. The ACCA professional examinations are offered worldwide four times yearly, in March, June, September and December as paper-based exams. Computer-based exams are also offered for the first four exams (F1, F2, F3 & F4) which are available to take at ACCA licensed exam centres throughout the year. A Bachelor of Science (Honours) degree in Applied Accounting (after completing the Fundamentals level of the exams, the professional ethics module and submitting a Research and Analysis project), is offered in association with Oxford Brookes University.

The syllabus comprises 14 examinations, although some exemptions are available. The qualification is structured in two parts. The Fundamentals level consists of 9 examinations: F1 Accountant in Business, F2 Management Accounting, F3 Financial Accounting, F4 Corporate and Business Law, F5 Performance Management, F6 Taxation, F7 Financial Reporting, F8 Audit and Assurance, and F9 Financial Management.

The Professional level involves 5 examinations. Within the Professional level three papers are compulsory: P1 Governance, Risk and Ethics; P2 Corporate Reporting; and P3 Business Analysis. Two of the following four options papers must also be completed: P4 Advanced Financial Management, P5 Advanced Performance Management, P6 Advanced Taxation and P7 Advanced Audit and Assurance.

The ACCA full Professional qualification is regarded as the equivalent of a taught UK master’s degree by the UK NARIC and Department of Education.

Subjects include financial accounting, management accounting, financial reporting, taxation, company law, audit and assurance and financial management.

ACCA professional skills modules

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