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Professional Qualifications

ACCA

Association of Chartered Certified Accountants

Unlock Your Financial Future with ACCA Excellence

Why ACCA

The Association of Chartered Certified Accountants (ACCA) is a globally recognised professional accounting qualification that offers several advantages for those pursuing a career in accounting and finance.

ACCA is recognised and respected worldwide, with members working in various industries across more than 180 countries. This global recognition opens up international career opportunities.

The ACCA curriculum covers a broad range of topics in accounting, finance, and management. It includes modules on financial accounting, management accounting, taxation, audit and assurance, and financial management, ensuring that members are well-rounded professionals.

The ACCA qualification offers flexibility in terms of study options and exam scheduling. Candidates can study full-time, part-time, or via online learning, and exams are held multiple times a year, allowing candidates to progress at their own pace.

Holding an ACCA qualification can enhance career prospects significantly. ACCA members are often sought after by employers for their technical skills and ethical grounding, leading to opportunities for advancement in various roles such as finance manager, auditor, consultant, and more.

ACCA provides numerous networking opportunities through events, workshops, and its extensive member network. These connections can be invaluable for career growth, mentorship, and staying informed about industry trends.

Programme Overview

The ACCA qualification is divided into three main components: the Applied Knowledge, Applied Skills, and Strategic Professional levels.

This level introduces the fundamental principles of accounting and finance:

  BT – Business and Technology

  MA – Management Accounting

  FA – Financial Accounting 

This level builds on the knowledge acquired at the Applied Knowledge level and covers more complex topics: 

  LW – Corporate and Business Law (Cyprus Variant)

  PM – Performance Management

  TX – Taxation

  FR – Financial Reporting

  AA – Audit and Assurance

  FM – Financial Management

This level prepares students for senior roles in finance and management, consisting of essential and optional modules:

Essentials:

  SBL – Strategic Business Leader

  SBR – Strategic Business Reporting

Options (choose two): 

  ATX – Advanced Taxation

  AAA – Advanced Audit and Assurance

  AFM – Advanced Financial Management

  APM – Advanced Performance Management

What You Need to Know

Apolytirion Lykeio / ΑΠΟΛΥΤΗΡΙΟ ΓΕΝΙΚΟΥ ΛΥΚΕΙΟΥ (Upper Secondary School Leaving Certificate) with an average of 17 and above (in 5 separate subjects including Mathematics & English)

3 passes at GCE A Level / Higher School Certificate  [grades A-E]

PLUS

GCE O Level / School Certificate [grades A-C or 9-4] (in 5 separate subjects including English and Mathematics)

Find out more

Once you have ensured that you meet the eligibility criteria you will need the following documents for registration.

  • Proof of identity (e.g., passport or national ID card).
  • Proof of academic qualifications (e.g. certificates and transcripts).
  • A passport-sized photograph.

Then visit the ACCA website to create an online account and complete the application form.

Exams are booked through the ACCA website and within your MyACCA page.

ACCA exams take place four times a year. Deadlines and fees vary per exam session and country.
The specific dates and fees can be found here.

To become an ACCA member, you must:

  • Pass all 13 courses.
  • Complete at least three years of relevant work experience and achieve 9 performance objectives (PER).
  • Complete the “Ethics and Professional Skills Module” (EPSM) to develop essential professional skills.

Once candidates have completed the exams, PER, and EPSM, they can apply for ACCA membership. After becoming a member, it is required to engage in ongoing CPD to maintain and enhance professional skills. The CPD requirements include:

  • Verifiable CPD: Learning activities that can be verified by a third party (e.g., attending courses, seminars).
  • Non-verifiable CPD: Independent learning activities that do not need verification (e.g., reading articles, self-study).

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