The Professionals' Academy of Commerce
Nation Building Through Professional Excellence
What Is ACCA
ACCA stands for The Association of Chartered Certified Accountants. It is compatible with CA and ACMA of Pakistan. The holder of this qualification is known as Chartered Certified Accountant. It was founded in 1904 in England and is today the largest Professional Accountancy Body in the UK and the largest to operate on an international basis. It has over 200,000 qualified members and more than 450,000 students working towards its qualification in over 160 countries.
REASONS TO GO FOR ACCA
It is an internationally recognized qualification. Your skills will be vital to organizations of all types and sizes. The ACCA will open doors of opportunities for you all over the world If you want to go to the top of multinational companies, you will be well equipped to reach the goal. It is highly regarded professional accountancy qualification. You can set-up your own practice. You will be in a better position to do CA after becoming an ACCA. With a thesis submission, one can secure a B.Sc. in Applied Accounting from Oxford Brookes University (UK). Paper And Examination
Paper |
New Syllabus |
Exam Mode |
Exam Duration |
Professional Level Essentials |
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P5 |
Advanced Performance Management |
PBE |
3 Hrs |
P6 |
Advanced Taxation (ATX) |
PBE |
3 Hrs |
P7 |
Advanced Audit and Assurance (AAA) Counts as an Option Paper Business information Management |
PBE |
3 Hrs |
INITIAL & EXAMINATION REGISTRATION WITH ACCA (UK)
Examination Registration |
Initial Registration Date |
Exam |
Date |
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June attempt |
31st December of the previous year |
15thApril |
December attempt |
15th August |
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Course Duration |
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As per rules of progression the entire ACCA examination can be completed in two year. Even if no exemption is claimed. |
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Libraries
Libraries of PAC are very spacious and contain a large number of books on professional and general subjects. A variety of newspapers, journals and magazines are also available in these libraries.
Computer Lab
PAC's most modern computer labs are equipped with the latest computers. Labs are not only providing hands-on experience to the students in LAN and Windows-NT environment but are also bringing them in contact with the latest developments in the field of information technology like electronic mail and internet. These labs are also approved for holding of Computer-Based Examination of ACCA (UK).
Study tours and Co-curricular activities
Study tours of industry, business & finance houses and special lectures on topics of current importance are arranged for the students. Facilities for indoor and outdoor games are also available. Sports, debates and quiz competitions are also arranged periodically. PAC also arranges recreational tours. The Prize Distribution Ceremonies of the Academy are well-known for their decent glamour.
Teaching Methodology
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Performance
The Group's history which spans over a decade is studded with brilliant performances. Teacher's effort are reciprocated by the students in the most prestigious way by achieving Gold Medals and Distinctions.
NEW SCHEME
| Paper | New Syllabus | Exam Mode | Exam Duration |
| FUNDAMENTAL LEVEL-KNOWLEDGE | |||
| F1: | Accountant in Business (AB) | CBE/PBE | 2 Hrs |
| F2: | Management Accounting (MA) | CBE/PBE | 2 Hrs |
| F3: | 2 Hrs | CBE/PBE | 2 Hrs |
| FUNDAMENTAL LEVEL-SKILLS | |||
| F4: | Corporate and Business Law | PBE | 3 Hrs |
| F5: | Performance and Management (PM) | PBE | 3 Hrs |
| F6: | Taxation (TX) | PBE | 3 Hrs |
| F7: | Financial Reporting (FR) | PBE | 3 Hrs |
| F8: | Audit And Assurance (AA) | PBE | 3 Hrs |
| F9: | Financial Management (FM) | PBE | 3 Hrs |
| PROFESSIONAL LEVEL-OPTION | |||
| P1: | Professional Accountant (PA) | PBE | 3 Hrs |
| P2: | Corporate Reporting (CR) | PBE | 3 Hrs |
| P3: | Business Analysis (BA) | PBE | 3 Hrs |
| P4: | Advanced F in Management | PBE | 3 Hrs |
ELIGIBILITY
Route - A: Professional Examination Route
| Age : | 18 Years |
| Qualification : | 2 Passes in A-Level with grades A to E; if not, then IELTS 6.5 band or TOEFL with CBE 170/PBE 500 scores. PIPFA (Intermediate Stage) C.A. Inter / BAC/ Foundation B.Com / B.A. / B.Sc. |
Route - B: Mature Student Entry Route (MSER)
| Age : | 21 Years |
| Qualification : | No formal academic qualification This allows you to register as an external student of ACCA and you are given four consecutive examination attempts to complete papers 1.1 and 1.2 from Part-1. Upon successful completion, you will be transferred to the main student register and continue your ACCA examinations sequentially. |
Route - C: CAT Route
| Qualification : | Certified Accounting Technician (CAT) .qualified students are eligible for direct entry to Part-2 of ACCA? Professional Examination |
EXAMINATION & REGISTRATION WITH ACCA (UK)
Examination: Registration Date
June attempt 31st December of the previous year December attempt 15th August of the same year.
THE RULES FOR ACCA
| 1. | There are 14 exams papers to complete. |
| 2. | There are two levels, each of which contains two modules - i.e. 4 modules in total. |
| 3. | Students can sit for maximum four papers in one exam attempt. |
| 4. | The pass marks for each paper are 50%. |
| 5. | Compulsory on-line 'Professional Ethics module. |
EXEMPTION SCHEME
Exemptions available to various Pakistan qualifications in ACCA exams, are as follows:
| Qualification | Exemption |
| M.Com. / MBA | Fundamental Level-Knowledge & F4, F5 |
| PIPFA Complete | Papers F2 & F3 |
| Chartered Accountants | Fundamental Level-Knowledge & F4,F5, F6,F9 |
| Intermediate - ICAP | Fundamental Level – Knowledge & F5 |
| ICMAP - Complete | Fundamental Level – Knowledge & F4 |
COURSE DURATION
As per rules of progression the entire ACCA examination can be completed in two years even if no exemption is claimed.
FEES ACCA (UK)
Part-1 - 3 Papers 43 £ Per Paper
Part-2 - 6 Papers 51 £ Per Paper
Part-3 - 5 Papers 59 £ Per Paper
Part-2 - 6 Papers 51 £ Per Paper
Part-3 - 5 Papers 59 £ Per Paper
PAC COACHING CHARGES
PAC Registration Fee Rs. 3,000/- (Non refundable)
Knowledge Module - (3 Papers) Rs. 8,500/- Per paper
Skills Module - (6 Papers) Rs. 9,000/- Per paper
Professional Level - (7 Papers)
Knowledge Module - (3 Papers) Rs. 8,500/- Per paper
Skills Module - (6 Papers) Rs. 9,000/- Per paper
Professional Level - (7 Papers)
- Essentials (3 Papers) Rs. 10,000/- per paper
- Options (4 Papers) Rs. 10,000/- per paper
Faculty Members:
| Faculty Member | |
| F1 | Jahanzaib Ismat Malhi, MCS, MBA (PU), MBA (UK), Tahir Ishfaq, MA |
| F2 | Salahuddin, CISA, (FCA), Ishtiaq Ahmad Rana (ACA) |
| F3 | Jahanzaib Ismat Malhi, MCS, MBA (PU), MBA (UK), Faraz Shamsi, ACA |
| F4 | M. Bilal Altaf (ACA), Asad Feroze (ACCA, LLB) |
| F5 | M. Bilal Altaf (ACA), Raed Nazir (ACA) |
| F6 | Syed Faisal Ijaz (ACA, ACCA, CIMA), Raed Nazir (ACCA) |
| F7 | Salahuddin, CISA, (FCA), Mian Ahmad Farhan (ACA), Mohyuddin Tahir Mahmood (ACA) (ACCA) |
| F8 | Jafar Husain (FCA), Asim Nazir, FCA, CPA, CIA, LLB) |
| F9 | Syed Faisal Ijaz (ACA, ACCA, CIMA) Raed Nazir (ACCA) |
| P1 | Jafar Husain (FCA), Asim Nazir (FCA, CPA, CIA, LLB) |
| P2 | Jafar Husain (FCA), Salahuddin, CISA, (FCA) |
| P3 | Jahanzaib Ismat Malhi, MCS, MBA (PU), MBA (UK)Amanullah Khan, M.Sc. (Computer Science) |
| P4 | Syed Faisal Ijaz (ACA, ACCA, CIMA), Raed Nazir (ACCA) |
| P5 | Salahuddin, CISA, M. Bilal Altaf (ACA) |
| P6 | Syed Faisal Ijaz (ACA, ACCA, CIMA), Raed Nazir (ACCA) |
| P7 | Jafar Husain (FCA), Asim Nazir (FCA, CPA, CIA, LLB) |
ACCA Connect
Tel: +44(0) 141 582 2000 Fax: +44(0) 141 582 2222
Email: students@accaglobal.com
Postal address:
2 Central Quay, 89 Hyde Park Street, Glasgow,
United Kingdom, G-3 & BW
Email: students@accaglobal.com
Postal address:
2 Central Quay, 89 Hyde Park Street, Glasgow,
United Kingdom, G-3 & BW
December and January. Registration for November sitting takes place during the preceding months of August and September.