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The ACCA exams list: becoming a chartered accountant

19 July 2023
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BPPEditorial Team

Find out everything you need to know about the ACCA papers with the ACCA exams list. Read the guide from BPP today and become ACCA qualified.

In this article, we’ll explore the full list of ACCA exams. We’ll look at how many ACCA papers there are, the three ACCA qualification levels, and the knowledge areas you’ll cover before sitting each exam.

Learn about the difference between the CIMA and ACCA accountancy qualifications.

How many ACCA exams are there?

There are a total of 14 ACCA exams. This is made up of 13 ACCA papers across three levels, and an additional ethics exam. You also have the option of developing specialist knowledge areas through two elective papers during the final ACCA level. Below, we’ll break down the ACCA exam list in full.

Read our ACCA exam dates guide to find out when you can sit each exam.

What are the ACCA Levels?

The three main ACCA levels are:

Each level contains multiple ACCA papers that you will need to complete. Learners will also undertake an ethics module before becoming fully qualified. ACCA recommends you complete the Ethics and Professional Skills module before taking on your Strategic Professional exams, although you can complete this at a later date.

List of ACCA exams

The following is a list of ACCA exams for each level and the knowledge areas you’ll cover in an ACCA course before sitting them.

Applied Knowledge exams

Business and Technology (BT)Financial Accounting (FA)Management Accounting (MA)

You'll focus on business organisation, structure, governance, and management, while considering environmental influences. You'll also cover a selected history of accounting and knowledge on managing a team.

You will review financial reporting, qualitative characteristics of financial information, and bases of accounting. Includes an overview of double entry, accounting systems, and how to prepare a trial balance, statements, and group accounting basics.

Covers the nature and purpose of cost and management accounting. Specifically cost classification, behavior, and purpose. This paper also includes a focus on business mathematics and electronic spreadsheets, cost-accounting techniques, and short-term decision-making methods.

Applied Skills exams

Corporate and Business Law (LW)Taxation (TX)Financial Reporting (FR)

You will study the general legal framework relating to business, including a focus on areas linked to corporate accounting.

This paper will enhance crucial knowledge and skills relating to the tax system for business and individual purposes.

Develop the knowledge to help you prepare, present, analyze, interpret financial statements to relevant accounting standards.

Performance Management (PM)Financial Management (FM)Audit and Assurance (AA)

Learn how to apply management accounting techniques to quantitative and qualitative information. Also includes a renewed focus on previous topics, including absorption and marginal costing.

This paper covers the expectations of a financial manager, including specific issues that influence investment and financing.

You will explore skills specifically for the process and application of performing an audience assurance engagement.

ACCA Strategic Professional exams

Strategic Business Reporting (SBR)Strategic Business Leader (SBL)

You will learn how to apply and evaluate concepts, principles, and practices for the preparation and interpretation of corporate reports in several contexts.

You will grow the skills of an effective leader while supporting senior management. Also includes a focus on the Ethics and Professional Skills module.

And a choice of two optional ACCA exam papers:

Advanced Audit and Assurance (UK & INT) (AAA)Advanced Financial Management (AFM)

This paper covers how to obtain, plan, control, and conclude audit and assurance engagements. It is recommended to study this alongside the SBR.

You will develop an understanding of senior financial executive expectations that link directly to the financial management of an organization.

Advanced Performance Management (APM)Advanced Taxation (ATX)

Covers the evaluation of skills for business performance through the application of strategic management accounting techniques.

You will learn how to apply relevant knowledge and previous skills to evaluate the impact of major taxes, focusing on both individuals and organizations. Will also help you to master any rule changes since your last study period.


ACCA Ethics and Professional Skills module (EPSM)

This module should be taken before completing any Strategic Professional level exam. EPSM uses realistic business simulations to develop a number of professional skills such as leadership, communication, and commercial awareness.

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Discover the ACCA levels

Introductory
Applied Knowledge

Build on existing knowledge
Applied Skills

Become Chartered
Strategic Professional