Choosing the right combination of ACCA Papers

1. Choosing the right combination of ACCA Papers Krista Farrugia BPP Professional Education Malta Director of Studies

2. ACCA Syllabus – Structure Fundamentals Level (9 papers) Entry The Fundamentals level has two modules – Knowledge and Skills. For certain ACCA Accredited degrees full exemption from the Fundamentals Level may be granted.

3. ACCA Syllabus – Structure Professional level (5 papers) The Professional level is divided into two modules – Essentials and Options. Professional Level exams are three hours long and are paper-based. There is no longer a requirement to sit all Essentials (previously Core) papers together.

4. Local Variant Papers • Three local variant papers: - • F4 Corporate and Business Law (Malta Variant) • F6 Taxation (Malta Variant) • P6 Advanced Taxation (Malta Variant)

5. The Process • Modules must be sat in the following order: Knowledge, Skills, Essentials and Options. • Up to four exams may be taken at any sitting and exams may be taken in any order as long as the modules are attempted in order. • Knowledge module exams are two hours long and can be sat as computer or paper-based exams. • The Skills module and all Professional Level exams are three hours long and are paper-based.

6. Professional Ethics Course • Must be completed before finally applying for membership • Available online, on CD-ROM or paper-based • Made available once eligible to take P1 (Professional Accountant) • Best taken when – or before – sitting P1

7. BSc (Hons) in Applied Accounting • Partnership between ACCA and Oxford Brookes University • Indicate on the initial registration form • Submit a Research and Analysis Project (not exceeding 5000 words) and a Key Skills Statement (not exceeding 1500 words)

8. What many papers should I choose in one sitting? • ACCA is a very flexible qualification • Can be done as slowly (max 10 years) or as fast as one chooses • Maximum of 4 papers every sitting but we recommend average of 2/3 papers every sitting

9. What is the best combination of papers? • The combination of papers depends on the following : • Your background of accountancy • Your work experience • Time constraints • The desired speed of completion

10. Extra Fast route • First sitting – F1,F2,F3 (CBEs), F4 • Second sitting – F5, F7, F8 • Third sitting – F6, F9 • Forth sitting – P1, P2, P3 • Fifth sitting – P6, P7 Qualified in 2.5 years

11. Fast route • First sitting – F1,F2,F3 (CBEs), F4 • Second sitting – F5, F7 • Third sitting – F8, F9 • Forth sitting – F6 • Fifth sitting – P1, P2, P3 • Sixth sitting – P6, P7 Qualified in 3 years

12. Moderate route • First sitting – F1,F2,F3 (CBEs) • Second sitting – F5, F7 • Third sitting – F4, F8 • Forth sitting – F6 • Fifth sitting – F9, P1 • Sixth sitting – P2, P3 • Seventh sitting – P6, P7 Qualified in 3.5 years

13. Slow route • First sitting – F2,F3 (CBEs) • Second sitting – F1, F4 • Third sitting – F5, F7 • Forth sitting – F8, F9 • Fifth sitting – F6 • Sixth sitting – P1/P3, P2 • Seventh sitting – P1/P3, P7 • Eight sitting – P6 Qualified in 4 years

14. Extra slow route • First sitting – F1 • Second sitting – F2, F3 • Third sitting – F4 • Forth sitting – F5 • Fifth sitting – F7 • Sixth sitting – F8, F9

15. Extra slow route • Seventh sitting – F6 • Eight sitting – P1 • Ninth sitting –P2 • Tenth sitting – P3 • Eleventh sitting – P6, P7 Qualified in 5.5 years

16. Any Questions kfarrugia@bpp.com