Part-time with qualifications
Entry Requirements
ACCA Qualification
- Two A Levels (Grades A to E) and three GCSEs (Grades A to C or Grade 1 to 6) or equivalent in five separate subjects, including English and Mathematics.
Graduate-entry route
- Relevant degree holders from ACCA-accredited institutions may be exempted from all nine exams within the Fundamentals level and register directly at the Professional level.
- Degree holders who may be awarded exemptions by ACCA include those qualified in:- Bachelor of Accountancy(Hons)
- Bachelor of Commerce and Bachelor of Commerce(Hons)
- AAT - Completion Certificate
- Masters Degree, including MBA and MA (Financial Services)
The Diploma in Accounting and Business
With effect from December 2011, the ACCA Diploma in Accounting and Business was launched as part of the new Foundations in Accountancy suite of qualifications.
This Diploma provides a flexible open entry route into the Skills module of the main ACCA Qualification for candidates who do not start their ACCA Qualification studies with the usual entry requirements. The Diploma in Accounting and Business is awarded on the completion of the exams:
Accountant in Business, Management Accounting and Financial Accounting, and the Foundations in Professionalism module (an online ethics module).
It is important to note that these 3 exams within Foundations in Accountancy are exactly the same as the first 3 exams of the ACCA Qualification and share identical syllabuses, study guides, and assessment methods. Students who successfully complete the Diploma in Accounting and Business via Foundations in Accountancy can transfer to the ACCA Qualification and commence their studies from the fourth paper onwards of the ACCA Qualification.
The Diploma will also be available to ACCA registered students who register directly for – and pass – the Fundamentals Knowledge module papers:
Accountant in Business; Management Account; and Financial Accounting; and who successfully complete the Foundations in Professionalism module.
Completion of Foundations in Professionalism is compulsory for students who wish to be awarded the Diploma in Accounting and Business. It is free of charge and can be accessed from the ACCA website. You can complete Foundations in Professionalism before or after completing the exam component of the Diploma in Accounting and Business. This is an online, interactive module, designed to help you develop your understanding of what it means to act professionally and ethically in the work you carry out.
Who is the Diploma aimed at?
The Diploma is suitable for those aspiring to work, or already working, in the following types of roles:
- Basic bookkeping
- Trainee accountant in a commercial organisation or accounting practice
- Accounts clerk in the public sector.
The Diploma in Accounting and Business is broadly equivalent to HND level/the first year of degree.
Who will be awarded the Diploma?
To be awarded the Diploma, all three of Papers FAB (AB), FMA(MA), and FFA (FA) must be passed or exempted, with at least one of three papers having been taken and passed from December 2011 onwards. In addition, the Foundations in Professionalism module must also be successfully completed before the Diploma can be awarded.
Please note that the Diploma certificates can be downloaded directly by the student from the myACCA website.
The Advanced Diploma in Accounting and Business
The Advanced Diploma in Accounting and Business will be awarded when students have completed or are exempt from the Fundamentals level exams of the ACCA Qualification. Students will also need to complete the Professional Ethics module in order to receive certification for the award of Advanced Diploma in Accounting and Business. Please note, students will need to have taken and passed at least two of the six Skills module papers in order to qualify for the Advanced Diploma. The Advanced Diploma in Accounting and Business will be awarded to students who complete the Fundamentals level exams from the December 2011 exam session.
Exams
The ACCA Qualification exam syllabus is divided into two levels; Fundamentals and Professional. The Fundamentals level is divided into two modules: Knowledge and Skills. The Knowledge module introduces you to the core areas of financial and management accounting. The Skills module contains six subjects which comprehensively cover the main technical areas that any accountant is expected to have mastered.
Fundamentals (nine papers in total)
| Applied Knowledge | |
| AB | Accountant in Business |
| MA | Management Accounting |
| FA | Financial Accounting |
| Applied Skills | |
| LW | Corporate and Business Law |
| PM | Performance Management |
| TX | Taxation |
| FR | Financial Reporting |
| AA | Audit and Assurance |
| FM | Financial Management |
The Strategic Professional exams prepare students for future leadership positions. They develop the strategic vision using your unique blend of technical, ethical and professional skills, and you can specialise in areas that best suit your career ambitions. Students must complete both Essentials exams and choose two of the Options. These exams are:
Essentials
- Strategic Business Leader (SBL)
- Strategic Business Reporting (SBR)
Options
- Advanced Financial Management (AFM)
- Advanced Performance Management (APM)
- Advanced Taxation (ATX)
- Advanced Audit and Assurance (AAA)
However, for Maltese students, if you opt for AFM and APM instead of ATX and AAA, you will not be able to obtain your CPA warrant nor your MIA membership without achieving the Local variant ATX – Advanced Taxation, and you will not be able to obtain your Practicing certificate in Auditing CPA if you do not achieve AAA – Advanced Audit and Assurance.
Strategic Professional (four papers in total)
| Essentials | |
| SBL | Strategic Business Leader |
| SBR | Strategic Business Reporter |
| Options (two to be completed) | |
| AFM | Advanced Financial Management |
| APM | Advanced Performance Management |
| ATX | Advanced Taxation |
| AAA | Advanced Audit and Assurance |
Recognition of Qualification/s
| Title of Award | Awarding Body | Status | MQF Level Rating |
|---|---|---|---|
| ACCA Professional | ACCA | Recognised | Level 7 |
| Advanced Diploma in Accounting & Business | ACCA | Recognised | Level 6 |
| Diploma in Accounting & Business | ACCA | Recognised | Level 5 |
Important Dates
ACCA holds 4 examination sessions per annum: – March, June, September and December for all papers except Maltese Law (LW) and Maltese Tax (TX and ATX). For these Maltese variants, exams are held only in June and December.
You can register at any time of the year. You can register with ACCA online, via the website www.accaglobal.com. You can enter for your exams online via myACCA except for the first 3 papers. For these 3 papers, you have to apply and pay at the Academy. Exam dates will be provided well in advance before exams start.
ACCA can take up to 7 working days from ACCA receiving your application to you receiving your registration confirmation. It is especially importnat to allow this amount of time if an exam entry closing date is approaching. This allows ACCA time to contact you should there be any issues with your initial application.
Fees
In your first year you’ll have to pay for your initial registration fee and your subscription fee if you become a student before 7 May. This is because you’re eligble to sit for more than one exam session in a calendar year.
After that your annual subscription fee is due and payable on or before 1 January each year if you wish to remain an active student. We send you an invoice every November – and you have three months to pay it. You need to pay this even if you don’t plan to take any exams that year.
Part-time with qualifications
Access to ACCA via the Diploma in Accounting and Business (Foundations in Accountancy)
- No academic qualifications required
- Students who successfully complete the Diploma in Accounting and Business via Foundations in Accountancy can transfer to the ACCA Qualification and commence their studies at LW onwards of the ACCA Qualification