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At present, the ACCA certificate has no expiration date and will not expire, but before you get the certificate, the ACCA exam results have a time limit and are valid for 7 years.
Certificate validity period: The ACCA certificate will not expire, that is, there is no official time limit, as long as you maintain the normal payment of the ACCA annual fee every year after becoming an ACCA member, you can maintain the ACCA qualification.
Validity of results: ACCA students have seven years to pass the professional stage exams, i.e. P1, P2 and P3, as well as P4-P7. If a student fails to pass all the Professional Stage examinations within seven years, the results of the completed Professional Stage subjects in more than seven years will be invalid and they will have to re-sit the examination.
The seven-year time limit is calculated from the date on which the student passes the first professional level exam.
The usefulness of ACCA depends on your current situation and your future career development plan, if you are an ordinary student in the first brother and the second accounting student, and you are diligent and hardworking, aspiring to counterattack, and also have dreams for the top four and top 500 foreign companies, then ACCA is very useful to you;
If you are a non-accounting student but are very interested in accounting, finance, and finance, and are determined to change tracks and aspire to pursue a career in finance or finance in the future, then ACCAs are an excellent choice and perhaps the best way;
If you want to enter the financial, financial or investment fields or jobs in big cities, the opportunity for ACCA to generate timely value is also very high.
If you want to go abroad for graduate school, this certificate is too useful, and it is recognized by large foreign companies, so you can find a good internship to increase your experience while studying for graduate school; If you're going to graduate school in China, its all-English teaching is particularly helpful in English, at least in English exams where others have lowered their scores.
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1. Duration of the ACCA examination.
According to the latest policy of the ACCA, there is no limit on the duration of the examination and the validity period of the results in the F stage of the ACCA, but the current examination period of the P stage is 7 years, that is, the total time for completing the P stage is 7 years.
2. ACCA examination arrangement.
1. Since 2017, the ACCA exam F1-F4 will implement the computer-based test system at any time, and the ACCA official will no longer arrange the test time, and the test will be taken by the examiner himself at the computer-based test center recognized by ACCA.
2. F5-P7 still implements the quarterly computer-based test system four times a year, and the annual examination season is at the beginning of four months, and each exam can be registered for up to four subjects at the same time.
3. ACCA application conditions.
To register for the ACCA exam, one of the following is sufficient:
1) Those who have a college degree or above recognized by the Ministry of Education can register as a regular student of ACCA;
2) Students in colleges and universities recognized by the Ministry of Education who successfully complete the first-year course examination can register as full students of ACCA;
3) Applicants over the age of 16 who do not meet the requirements can also apply to take the FIA (Foundations in Accountancy) basic financial qualification test first. After completing the 3 courses of Basic Business Accounting (FAB), Basic Management Accounting (FMA) and Basic Financial Accounting (FFA), and completing the ACCA Basic Vocational Module, you can obtain the Diploma in Accounting and Business, and after the qualification certificate, you can be exempted from the examination of the three courses of ACCAF1-F3 and directly enter the examination of the skills course.
4. Passing time for the ACCA exam.
1. Those who have graduated with a college degree or above recognized by the Ministry of Education can directly apply for the ACCA examination after successful registration, and can basically complete the ACCA's 14 examinations within 3 years.
2. Non-first-year students who successfully complete the course examination of the freshman year can directly apply for the ACCAA examination after successful registration, and can basically complete the ACCA's 14 exams within 3 years.
3. First-year students should first apply to take the FIA (Foundations in Accountancy) basic financial qualification examination. After completing the 3 courses of Basic Business Accounting (FAB), Basic Management Accounting (FMA) and Basic Financial Accounting (FFA), and completing the ACCA Basic Vocational Module, you can obtain the Diploma in Accounting and Business, and after the qualification certificate, you can be exempted from the examination of the three courses of ACCAF1-F3 and directly enter the examination of the skills course. You can basically complete the ACCA 14 exams in 3 years.
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Many institutions say that it only takes 2 years for college students to study ACCA to pass the whole exam, so let me tell you a few truths:
Now ACCA has been said to be a god by the training institution, the propaganda is exaggerated too much, in fact, ACCA is still very difficult to test, college students from the beginning of the freshman year, graduation through 9 subjects is already good, graduation through the whole subject is very few, the general school will not exceed 10%, 2 years of general subject pass can only be rare animals (these people are not enough to describe as a scholar, it is a god of learning!) )。ACCA has been in China for 30 years, and now there are only about 7,400 members in Chinese mainland (only those who pass the examination can apply to become an ACCAA member), and now there are more than 60,000 registered students, and the cumulative number of registered students who have taken the exam in the past 30 years must be tens of thousands, and the pass rate will be known by everyone.
ACCA is really not as easy as the training institution advertises!
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The ACCA requires that there is no time limit for the examination in the F stage, and all the courses in the P stage must be completed within 7 years, if the examination is not completed within 7 years, then all the results in the P stage will be invalidated. At the same time, ACCA can apply for 8 courses per year, F5-F9 is a graded computer-based test, 4 times a year, F1-F4 is still a computer-based test at any time, as long as the appointment is successful, you can take the exam, according to the fastest time is 1 and a half years to pass all the exams.
The difficulty of the ACCA exam is based on the difficulty of the UK university degree exam, specifically, the first.
The difficulty of the first and second parts is equivalent to the difficulty of the examination of the upper year of the bachelor's degree course, and the difficulty of the third part of the examination is equivalent to the examination of the final stage of the master's degree.
Each exam in Part 1 tests the knowledge contained in the course and focuses on laying the foundation for the theories and skills to be applied in the practical courses in the latter two parts.
In addition to the content of this course, the second part of the exam will also test some knowledge of the first part, focusing on developing students' analytical skills.
The third part of the exam requires students to apply the knowledge, skills and decisiveness they have learned. In addition to the content of previous courses, students will also be tested in adjacent subjects.
Expedited Customs Clearance Program ACCA's Global Private Classes College Students' Employer Express Program Weekend Face-to-face Classes Winter and Summer Vacation Crash Classes Other Courses.
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It is valid for life. The ACCA certificate does not expire, that is, there is no official time limit, as long as you maintain the normal payment of the ACCA annual fee every year after becoming an ACCA member, you can maintain the ACCA qualification. Before becoming an ACCA member, the results of the ACCA exam are valid.
According to the new rules on the validity period of the ACCA, there is no longer a time limit for the ACCAF phase, and there is a seven-year validity period from the first gate of the P phase.
If you fail to pay the annual fee after the deadline, your ACCA title will be cancelled temporarily. However, as long as you send an email to the ACCA official to make up the unpaid annual fee and a certain amount of fine, and then ask the official to help you reactivate the ACCA title.
The CPD is an ACCA's plan that requires all members to undergo follow-up education throughout their careers to maintain and refresh their professional knowledge and skills to ensure that they are up to the challenges of a rapidly changing economic environment.
The official also clearly requires ACCA members to complete at least 40 units of the CPD plan in each CPD year (1 unit is 1 hour of hidden land), and if they do not complete it on time, it will also cancel our qualification and validity when they are spot-checked by the official.
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