Getting certified by the Association of Chartered Certified Accountants (ACCA) could turn out a big step toward reaching your professional objectives if you’re thinking about a career in finance or accounting. Bright Academy is a well-known institution in Nepal that provides thorough ACCA test preparation. We’ll provide you with an outline of the ACCA exam structure in Nepal and extra prerequisites to help you understand how Bright Academy can support you on your ACCA path and the format of the ACCA examinations.
Table of Contents
ACCA Exam Structure in Nepal
ACCA Exam
Level 1: Applied Knowledge
Level 2: Applied Skills
Level 3: Strategic Professional
Ethics and Professional Skills Module
Practical Experience Requirement
Bright Academy: The Best ACCA Institute in Nepal
FAQs
ACCA Exam Structure in Nepal
For you to ace your ACCA exams, you must understand the ACCA exam structure in Nepal. So, why wait? Let us get right into the ACCA exam structure in Nepal, shall we? Students are required to complete three elements of the ACCA qualifications to gain ACCA membership. Let us get into the three elements one by one!
ACCA Exam
There are three ACCA exam levels, each with a unique collection of tests. Let’s examine each level and the corresponding tests in detail.
Level 1: Applied Knowledge
The goal of the first level, Applied Knowledge, is to provide students with a thorough knowledge of fundamental accounting and financial concepts. This level consists of three exams:
- Business and Technology (BT)
- Financial Accounting (FA)
- Management Accounting (MA)
Level 2: Applied Skills
The applied skills exams test the students on their existing knowledge and understanding. It will also work towards the strong development of practical skills in students, that are part of the strategic professional accountant’s skillset. Exams at this level consist of:
- Corporate and Business Law (LW)
- Taxation (TX)
- Financial Reporting (FR)
- Performance Management (PM)
- Financial Management (FM)
- Audit and Assurance (AA)
Level 3: Strategic Professional
The third level, Strategic Professional, prepares students for future leadership roles by developing their technical expertise, ethics, and professional skills. This level consists of two Essential exams and two out of the four Options exams, allowing students to specialize in their chosen areas. The exams are:
Essentials:
- Strategic Business Reporting (SBR)
- Strategic Business Leader (SBL)
Options (Choose two):
- Advanced Financial Management (AFM)
- Advanced Audit and Assurance (AAA)
- Advanced Taxation (ATX)
- Advanced Performance Management (APM)
Ethics and Professional Skills Module
Students must finish the Ethics and Professional Skills module in addition to the examinations. Using practical business scenarios, this subject aims to build essential workplace abilities. It includes advanced conduct, ethics, and professionalism, making sure that students have the knowledge and abilities needed to contribute well in the workplace.
Practical Experience Requirement
Students must have a minimum of 3 years of relevant work experience to qualify as an ACCA member. This practical experience requirement is crucial as it allows students to apply their learning in real-world scenarios and enhances their readiness for the professional workplace.
Bright Academy: The Best ACCA Institute in Nepal
Bright Academy is undoubtedly the best ACCA institute in Nepal with a firm focus on the ACCA exam structure in Nepal. With a comprehensive curriculum and a group of knowledgeable teachers, Bright Academy gives students the information and preparation they need to ace the ACCA exams. The methodical approach and broad support guarantee that students are well-equipped for every stage of the ACCA qualification. Bright Academy provides students with personalized instruction and support to ensure they complete each level. At Bright Academy, a satisfying career in finance and accounting can be attained by ACCA candidates by integrating their academic knowledge with real-world experience.
FAQs
Which institute is best for ACCA in Nepal?
Bright Academy is the best institute for ACCA in Nepal.
Is ACCA more difficult than CA?
Comparing the ACCA with the CA, the CA course is more difficult.