Entry requirements and exemptions

The ACCA qualification is open to everyone, although your starting point will be different depending on your previous qualifications.

You will be exempted from the first three ACCA knowledge papers

Entry Requirements Starting Point

High School Apolyterio with minimum average mark of 17/20 or 85%. Minimum 50% to be achieved in each of 5 subjects, including the English and Maths (applies to High School graduates from Cyprus and Greece)

OR

High School Apolyterio with average mark of 16/20 or 80% (subjects to include English and Maths) PLUS LCCI 3rd level in Accounting (applies to High School graduates from Cyprus)

Knowledge module

i.e. F1-F3

Three GCSEs and two A Levels in five separate subjects including Maths and English or their equivalent. Knowledge module

i.e. F1-F3

A non-relevant university degree Knowledge module

i.e. F1-F3

University degree in Accountancy Skills or Essentials module

i.e. F4-F9 or P1-P3

depends on specific degree exemptions

University degree in a relevant field (e.g. Finance, Management, Business Studies, Economics, Law, etc.) Knowledge or Skills module

i.e. F1-F3 or F4-F9

depends on specific degree exemptions

CAT qualified Skills module

i.e. F4-F9

Foundations in Accountancy (FIA) Diploma in Accounting and Business Diploma in Accounting (3 papers) of the FIA qualification or the CAT (9papers) and then move on to ACCA Skills module

i.e.F4-F9

None of the qualifications above Diploma in Accounting (3 papers) of the FIA qualification or the CAT (9 papers) and then move on to ACCA Skills module

i.e. F4-F9

You will be exempted from the first three ACCA knowledge papers

EXEMPTIONS

If you have studied other relevant qualifications you can then claim exemptions from the ACCA Foundation level papers (a maximum of nine papers can be awarded). You could also claim additional exemptions even if you have completed additional qualifications after registering as a student with the ACCA. You can apply for exemptions at any time.

To claim exemptions you will need to have official proof of your qualifications (e.g. transcript, award certificates) so as to submit them with your initial registration. If your documents are not in English, then ensure that you officially translate them before submitting them to the ACCA. Both the original language documents and the English translations are required for claiming exemptions.

Exemption fees: You will need to pay a fee for each paper ACCA awards an exemption for. Exemptions are charged at the early exam entry fee.

Be aware: exemptions based on your previous academic / professional qualifications could create problems to your remaining ACCA exams, due to the following reasons:

  • You have covered the relevant topics at your academic / professional qualification some time ago and you have forgotten them
  • Fundamental changes in the subject content may have taken place.

 

We advise our students to contact us so as to offer advice on how to cope with the above issue.