Undergraduate Program

ACCA

ACCA

ACCA has been a standout amongst the most renowned degrees of accountancy as of late. It isn’t constrained to one area due to it being regarded all around the world similarly. The world is becoming quick and with its development grows the appetite of the corporate market for accountants and business managers. The word ACCA is an abbreviation of the Association of Chartered Certified Accountants. The name demonstrates the motivation behind the degree as it is the worldwide body of all the expert accountants. ACCA’s prime point is to give business-related data and accounting capability to the general population of aspiration and capacity who look to have a profession in the board accountancy and business.

All around the globe, the business bodies look for ACCA individuals to take their organizations to an unparalleled stature. Since they realize that the ACCA qualified individual is a strategical scholar with high moral respectability, solid key know-how, and right business understanding. The estimation of an ACCA part is static all around the world since all the ACCA individuals have pursued a similar example to be the place they are today. The pathway towards accomplishment in ACCA’s guide is through various tests, morals, and encounters. When you qualify ACCA you get a great deal of chances before you to profit. For instance, you turn into an individual from the world’s most ground-breaking accountants body, open ways to circumstances the whole way across the world, improve the world a place, get bolster all through your voyage and build up your aptitudes.

ACCA in Pakistan has its bases all on the nation. The communities for ACCA in Lahore are anything but difficult to approach and give truly moderate and splendid instructing. One of the main four schools of ACCA in Lahore is CFE group of colleges. It has a solid framework develop just to enable the understudies to inspire the most exceptional educational costs to get the capability. This school furnishes the understudies with splendid mentors who are qualified as an ACCA part and are rehearsing Accountancy in their lives since long. They champion chance, advancement, assorted variety, trustworthiness, and responsibility. By advancing their worldwide measures and supporting their individuals wherever they work, they mean to meet the present and future needs of universal business.

On the off chance that a student needs to seek after his future in the fields of accounting and fund and he has no past capability or involvement in the applicable field, at that point foundation diploma is an incredible place to begin. After the finish of foundation diploma, the student is naturally exchanged to ACCA with given exclusions of initial three papers. The ACCA establishment confirmation is the main worldwide expert body to have its passage level essential authentically perceived as being equal to a Higher Secondary School declaration.

ACCA has been one of the most prestigious degrees of accountancy in recent times. It is not limited to one region because of it being respected all around the globe equally. The world is growing very fast and with its growth grows the hunger of the corporate market for accountants and business analytics. The word ACCA is an acronym of Association of Chartered Certified Accountants. The name indicates the purpose of the degree as it is the global body of all the professional accountants. ACCA prime aim is to provide business related information and accountancy qualification to the people of ambition and ability who seek to have a career in management accountancy and business.

All around the world, the business bodies seek ACCA members to take their businesses to an unparallel height. Because they know that the ACCA qualified person is a strategical thinker with high ethical integrity, strong fundamental know-how, and right business insight. The value of an ACCA member is static all around the globe because all the ACCA members have followed the same pattern to be where they are today. They pathway towards success in ACCA’s map is through a number of exams, ethics, and experiences. When you qualify ACCA you get a lot of opportunities in front of you to avail. For example, you become a member of the world’s most forward-thinking accountancy body, open doors to opportunities all across the world, make the world a better place, get support throughout your journey and develop your skills.

ACCA in Pakistan has its centers all around the country. The centers for ACCA in Lahore are very easy to approach and provide a very affordable and brilliant coaching. One of the top four colleges of ACCA in Lahore is CFE group of colleges. It has a strong system build up just to help the students get the most remarkable tuitions to get the qualification. This college provides the students with brilliant tutors who are qualified as an ACCA member and are practicing Accountancy in their lives since long. They champion opportunity, innovation, diversity, integrity, and accountability.

When a student pursues his ACCA in Lahore he gets to meet a lot of other opportunities as well, as Lahore is one of the big cities of Pakistan and provides the platform for various business handlings and queries. There are always several business-related events happening around the city. Along with providing the business student a stage for observing and experiencing the business ethics and fundamental closely, ACCA in Lahore offers other core qualifications as well. For example,

A Bachelor of Science in Applied Accounting which is centered on the needs of employers for practical, professional accounting – BSc (Hons)

A master’s in professional accountancy designed to broaden business understanding and enhance strategic decision making – (MSc)

Employers all around the world expect the ACCA members to be highly qualified when it comes to business, management, and accountancy related problems. ACCA members are expected to show their highly trained skill sets and use the knowledge and techniques achieved through studies and courses in practical and real-life problems. Along with achieving the ACCA degree and becoming the member of ACCA global body, there are some practical experience requirements which the students have to fulfill during or after their completion of studies.

ACCA is an acronym for Association of Chartered Certified Accountants and is the global body for professional accountants. ACCA providing services through a network of 101 offices and active centers in 181 countries. They support their 198,000 members and 486,000 students throughout their careers. Their focus is on professional values, ethics, governance, and their deliver value-edited services through global work force of more than 1000 people in accountancy partnership, working closely with multinational and small entities to promote global standards and sport.

Benefits of ACCA in Pakistan are that its flexible mode provides students and opportunities to work while studying. Better employment prospects due to international recognition of the qualification is also one of the key reimbursements provided by ACCA in Pakistan. As ACCA has 181 active centers and 101 offices all over the world, they have achieved strong recognition in all the countries through relationship building. Candidates not only gain specialized knowledge in finance and accounting but also acquire valuable skills and organizational management and strategy development, plus, to have the opportunity to study in UK universities, BSC honors after passing nine papers out of total 14 and to pursue MBA from international universities.

As per the requirements of ACAC, there are three routes to enter,
Route A: 2 papers in GCE A levels and three GCSE/GCE O levels in 5 separate subjects including math and English (if not English then EILTS 6.5 band or TOEFL with CBE – 170/PBE 500 scores). American high school certificate with at least 50%.
Route B: Graduation B.A, BBA, B.com, BSC from any recognized university.
Route C: Via ACCA foundations diploma (FD) or foundation in accountancy (FIA).
This is recommended for matriculate or intermediate pass students

Introduction of Course

ACCA (the Association of Chartered Certified Accountants) is the global body for professional accountants. They aim to offer business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management. They support their 198,000 members and 486,000 students throughout their careers, providing services through a network of 101 offices and active centers in 181 countries. Their global infrastructure means that examinations and support are delivered – and reputation and influence developed – at a local level, directly benefiting stakeholders wherever they are based, or plan to move to, in pursuit of new career opportunities. Their focus is on professional values, ethics, and governance, and they deliver value-added services through global workforce of more than 1,000 people in accountancy partnerships, working closely with multinational and small entities to promote global standards and support. They use their expertise and experience to work with governments, donor agencies and professional bodies such as the International Federation of Accountants (IFAC) to develop the global accountancy profession and to advance the public interest. Their reputation is grounded in over 100 years of providing world-class accounting and finance qualifications. They champion opportunity, innovation, diversity, integrity and accountability. By promoting their global standards and supporting their members wherever they work, they aim to meet the current and future needs of international business.

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Eligibility (practical experience if required)

ACCA offers different entry routes, depending on your age and previous academic qualifications.

Route – A
  • 2 Passes in GCE A’ Levels and three GCSE/ GCE O’ Level in five separate subjects including Math’s and English (If not English, then IELTS 6.5 band or TOEFL with CBE – 170/PBE 500 scores).
  • American Higher School Certificate with at least 50%
Route – B
  • Graduation (B.A, BBA, B.Com, B.Sc from any recognized University)
Route – C

Via ACCA Foundations Diploma (FD) or Foundations in Accountancy (FIA)

  • Recommended for Matriculate or Intermediate passed students
  • Students having passed the Seven Examinations from Introductory, Intermediate, and Diploma stage of FD/ FIA qualification are eligible for exemptions of knowledge modules (F1, F2 & F3) papers. (requiring 11 papers to pass out of total 14)

WHY CFE? (For particular course)

The ACCA qualification prepares students for a challenging and often demanding career as a professional accountant. It is not sufficient to solely rely on the theoretical knowledge developed through the examination process. The ACCA qualification closely links practical experience to the examination syllabus. To qualify as an ACCA member, students will need to complete three years of relevant practical experience in order to achieve 09 performance objectives (Five essentials and four from five options). Ideally, students should start working while studying for their ACCA examinations. However, this may be completed before or after the qualifying ACCA examination.

Procedure

  • A form should be submitted to Manager Coordination
  • Students will be interviewed by Manager Coordination
  • Based on the interview, the recommendation is made to the Principal for Financial Assistance
  • Principal approves the Financial Assistance as per policies of the institute and keeping in view the budget of donations- allocated
  • All applications will be processed within one week of submission

Financial Support

  • The financial assistance approved will be applicable for the current session only. If a student wishes to apply for the next session, a new application along with the new enclosure will be required and complete procedure to be followed.
  • Students who are transferring from CAT/ FIA, CA/ CMA or CIMA will be required to fill a new application along with the required enclosures
  • The financial assistance approved in the previous qualification will not be carried forward. The new application will be assessed again

Scholarships

Teaching Methodology

On campus classes, online classes & recorded lectures based on;

  • ICAP study material for contents
  • Teachers’ class notes for concept building
  • Practice Material to strengthen the concepts
  • Comprehensive testing system
  • Past papers practice to enable learning of students to exam level extend
  • Session end revision classes

Examination Structure - Exam Format (F5 - F9)

acca-exam-format-05

All the exams apart from F8 have three sections, featuring:
· Objective Test questions (also known as OT questions)
· OT Case questions
· longer, Constructed Response questions
F8 exams are slightly different. They are in two parts and feature OT Case and Constructed Response questions.

Question Types Explained
The following section gives some explanation of the question types found in the new CBEs.
Objective Test questions (OTs)
OT questions are single, short questions that are auto-marked and worth two marks each. Students have to answer the whole question correctly to earn their two marks. There are no partial marks

OT Case Questions
Each OT Case contains a group of five OT questions based around a single scenario. These can be any combination of the single OT question types and they are auto-marked in the same way as the single OT questions.
OT Cases are worth 10 marks (each of the five OTs within it are worth two marks, and as with the OT questions described above, students will receive either two marks or zero marks for those individual questions).

Rules and Regulations

1. The registration fee is non-refundable and non-transferrable.
2. The admission process must be completed before the commencement of classes
by depositing the institute’s dues.
3. Any outstanding dues must be cleared as per due dates.
4. After the expiry of the due date, students with an outstanding balance will not be
allowed to take classes of any enrolled subject.
5. Students are not allowed to drop any course/paper after enrollment.
6. If a student wishes to take an extra class of any paper with another batch, he/she
must inform the respective course coordinator.
7. If a student wishes to re-sit in any course, a 50% tuition fee will be charged.
8. Course, for which a student is enrolled, may be canceled, due to any
circumstance, beyond the institution’s control. However, in the event of such
cancellation, students will be informed and fee submitted will be refundable
without any deduction.

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