What Types of Certificate Does ACCA Offer?

Ready to give your career a boost while studying? ACCA offers a range of certificates that not only mark your progression but also make your resume stand out! Whether you are new to accounting or a certified professional, ACCA has a structured certification path that is filled with milestones. Now, let’s see the various certificates that ACCA provides so you can increase your expertise at every step of the way.

Foundations in Accountancy 

FIA serves as a source that provides you with the fundamental knowledge and skills for meeting success in both accounting and finance. Also, it acts as an accessible gateway to the ACCA Qualification itself.

FIA Syllabus

The FIA syllabus covers everything from basic financial transactions to management accounting. FIA will keep you fully equipped with the fundamentals of financial reporting, management, and professionalism. The ACCA FIA syllabus consists of seven exams and an online module:

FA1: Recording Financial Transactions

MA1: Management Information

FA2: Maintaining Financial Records

MA2: Managing Costs and Finance

FBT: Foundations in Business and Technology

FMA: Management Accounting

FFA: Financial Accounting

Foundations in Professionalism: Online module

Certificate of Achievement 

The Certificate of Achievement is awarded to students who pass with 85% and above or higher marks on individual passes for the following exams:

FBT, Business and Technology

FMA, Management Accounting

FFA, Financial Accounting

This certification showcases the outstanding performance of the candidate. On top of that, it advocates for the candidate’s professionalism and commitment right at the beginning of their ACCA career journey.

ACCA Diploma in Financial and Management Accounting (RQF Level 2)

You can earn this diploma after passing the FA1 and MA1 exams. However, you also need to complete the Foundations in Professionalism module to get this certificate. This diploma focuses on creating a strong foundation in accounting. 

ACCA Diploma in Financial and Management Accounting (RQF Level 3)

After FA1 and MA1, you can upskill yourself by sitting for FA2 and MA2. Passing them along with the Foundation in Professionalism module will help you gain this diploma. This diploma showcases your mastery of financial record-keeping and cost management. 

ACCA Diploma in Accounting and Business (RQF Level 4)

Upon successful completion of the FBT, FMA and FFA papers together with the Foundations in Professionalism module, you would earn a diploma in accounting and business. This would serve as a stepping stone to your ACCA qualification. 

ACCA Certificate in Taxation (RQF Level 4)

If you want to focus on taxation, you can acquire the certificate by qualifying in the FTX exam. Along with taking the Foundations in Professionalism module. It just fits the needs of those who have a concentration area in taxation.

ACCA Certificate in Audit (RQF Level 4)

Want a career in audit? Pass the FAU exam and do the Foundations in Professionalism. You will be awarded the Certificate in Audit, an excellent qualification for those seeking an internal or external audit role.

ACCA Certificate in Financial Management (RQF Level 4)

If you want to build a career in financial management, all you need to do is sit for the FFM exam. Complete the Foundations in Professionalism module and add this quality certificate to your CV.

ACCA Qualification

If you are getting close to becoming a fully qualified ACCA professional, you have many significant milestones to pass along the way. They both validate your skills and prepare you for the practice of finance. 

ACCA Syllabus

The ACCA syllabus encompasses all the knowledge you need to become a global finance professional. From accounting principles to advanced management and strategy, you learn all of it and more. The ACCA course syllabus is discussed below:

Applied Knowledge Level:

Business and Technology (BT)

Management Accounting (MA)

Financial Accounting (FA)

Applied Skills Level:

Corporate and Business Law (LW)

Performance Management (PM)

Taxation (TX)

Financial Reporting (FR)

Audit and Assurance (AA)

Financial Management (FM)

Strategic Professional Level:

Essentials:

Strategic Business Leader (SBL)

Strategic Business Reporting (SBR)

Options (Choose 2 out of 4):

Advanced Financial Management (AFM)

Advanced Performance Management (APM)

Advanced Taxation (ATX)

Advanced Audit and Assurance (AAA)

Other Requirements:

Ethics and Professional Skills Module

Practice Experience Requirement (PER): Relevant work experience of 3 years

Certificate Achievement 

The Certificate of Achievement is given by the ACCA board to the students who have performed well. By obtaining passing marks of 85% or more in any one of the specific fundamental papers, which are:

Business and Technology (BT)

Management Accounting (MA)

Financial Accounting (FA)

From June 2015 onwards, the Corporate and Business Law (LW) is added to the list to earn the certificate.

It proves you have already started committing yourselves to the ACCA qualification. A certificate of such is worth more than words and adds value to your academic profile. While promptly signaling potential employers that you excel in key accounting and business concepts.

ACCA Diploma in Accounting and Business (RQF Level 4)

You will achieve this diploma after completing the following modules:

Business Technology (BT)

Management Accounting (MA)

Financial Accounting (FA)

Besides completion of the module Foundations in Professionalism, you need to attempt and pass at least one of the above papers. A student who acquires full exemption from the above exams will not be eligible for this certificate.

Advanced Diploma in Accounting and Business

The Applied Skills exams can be passed to achieve an Advanced Diploma in Accounting and Business. You need to pass at least two pass papers, with at least one of the papers after 01 June 2011. Additionally, completion of the Ethics and Professional Skills module – or the older Professional Ethics module.

Passing all Applied Knowledge and Skills exams is a prerequisite. Like any other ACCA diploma, students who have full exemptions are not awarded the diploma.

Strategic Professional Certificate 

The Certificate in Strategic Professional is given to students completing and passing all Strategic Professional exams. These include:

Two Strategic Professional Essentials exams

Any two Strategic Professional Options exams

The final stage certificate by ACCA commemorates a three-level qualification. Passing them exemplifies advanced skills with thorough knowledge of the strategic and professional principles of accounting.

Conclusion 

ACCA course with Zell Education provides clear progression with certificates that look to reward all your efforts at every step. Whether you start from the base or move towards the full qualification in ACCA, these certificates help you to gain recognition. While building up your professional portfolio in the course. From auditing to financial management, there is some kind of certification by ACCA which will help you in attaining your career goals.

FAQs on What Types of Certificate Does ACCA Offer?

What kind of certification is ACCA?

ACCA presents certifications in every main field from foundational diplomas in finance and accounting to advanced professional certificates that demonstrate a person’s expertise in accounting, taxation, and business management.

How many types of ACCA are there? 

ACCA provides certificates such as a Diploma in Accounting and Business; an Advanced Diploma in Accounting and Business; a Strategic Professional Certificate; a Strategic Professional Qualification Diploma in Professional Development Proficiency in Business and Finance, etc.

What are the 13 papers of ACCA?

The 13 papers of ACCA are divided into three groups: Applied Knowledge, Applied Skills and Strategic Professional module. 

How do I get an ACCA certificate?

You can get your ACCA certificate after clearing the three levels of exams and completing the work experience required.

What is the ACCA certification?

ACCA’s full form is the Association of Chartered Certified Accountants. Known worldwide, ACCA advocates for your brilliance in the field of accounting and finance. 

Partham Barot is an ACCA-certified professional. showcasing his expertise in finance and accountancy. he’s revolutionising education by focusing on practical, real-world skills. Partham’s achievements underscore his commitment to elevating educational standards and empowering the next generation of professionals.