ACCA Exam Structure in India
Do You Want to Know About the ACCA Exam Structure in India?
Are you interested in finance and want to obtain an ACCA Certification to launch your accounting career? The Association of Chartered Certified Accountants, or ACCA, is one of the most coveted accounting degrees worldwide. You must adequately prepare for the ACCA Exam if you wish to begin your career as an ACCA Certified professional. The ACCA Exam Structure in India should be acquainted with you before you begin preparing for the exam. You can get all the information you require regarding the following from this blog.
Let’s start by going over each detail one by one.
Significance of ACCA Course in India
Every firm needs accounting since it is the foundation for development and stability in its finances. In this field, the internationally renowned Association of Chartered Certified Accountants (ACCA) provides a game-changing opportunity for a fulfilling career in the fast-paced corporate world. Gaining the flexibility to pursue possibilities globally with an ACCA qualification in India allows you to use the values and abilities you learned in our preparatory course to land prestigious senior management roles.
ACCA Syllabus and Exam Structure in India
ACCA syllabus can be broken into three levels:
- Applied Knowledge level
- The Applied Skills level
- The Strategic Professional level
Applied Knowledge Level:
The main goal of a student’s progress in a subject is to gain conceptual knowledge. For a student to study and pass the test, they must take all three subjects. Nevertheless, by ACCA principles, this is contingent upon any exemptions for which a student may qualify.
Applied Skills Level:
Students at this level start to apply the knowledge they have learned to actual circumstances and are still developing their conceptual understanding. In order to study and pass the test, a student must take all six subjects. Nevertheless, in accordance with ACCA principles, this is contingent upon any exemptions for which a student may qualify.
Strategic Professional Level:
Upon passing the skills level, students often have a good understanding of their area of interest, available career paths, and job descriptions. They are therefore in a position to decide with knowledge which of the elective disciplines they wish to pursue. Professionally speaking, ACCA encourages students to specialize in the areas that interest them. Two of the six disciplines offered at the professional level are required: SBL and SBR. A student must select any two of the remaining four optional subjects (AFM, AAA, ATX, and PMM).
ACCA Exam Structure in India
There is no set format for all ACCA exams in India.
In general, the whole ACCA Exam Structure and Pattern in India can be broadly classified into many levels and modules. Exam patterns for the ACCA are different for every level and module. Let’s attempt to comprehend it from the outset.
ACCA Exam Levels |
ACCA Exam Pattern |
| Applied Knowledge level | a) AB – Accountant in Business b) MA – Management Accounting c) FA – Financial Accounting |
| The Applied Skills level | a) LW – Corporate and Business Law b) PM – Performance Management c) TX – Taxation d) FR – Financial Reporting e) AA – Audit and Assurance f) FM – Financial Management |
| The Strategic Professional level | Two compulsory papers: a) SBL – Strategic Business Leader b) SBR – Strategic Business Reporting Four optional papers, of which two must be selected: a) AFM – Advanced Financial Management b) APM – Advanced Performance Management c) ATX – Advanced Taxation d) AAA – Advanced Audit and Assurance |
ACCA Exam Structure in India
Applied Skills Level
The three tests consist entirely of multiple-choice questions (MCQs), with a 50% passing rate.
Exams for Applied Skills Level Corporate and Business Law are 100% OTQ (Objective Type Questions) based, and passing requires a score of 50%. 40% of the questions on the other five tests (FM, FR, PM, AA, and TX) are subjective, and the remaining 60% are Objective Type Questions (OTQs). To pass each exam, a student must receive 50% of the possible points.
Strategic Professional Level
Each of the four papers—two required and two elective—has a 50% passing rate and is entirely subjective.
Applied Knowledge Level
| BT | It is divided into 2 sections with a total of 52 OTQs under – Section A (76 marks) – 46 questions and Section B (24 marks) – 6 questions |
| MA | It is divided into 2 sections – Section A (70 marks) – 35 OTQs of 2 marks each Section B (30 marks) – 3 OTQ’s (5 sub questions each) of 10 marks each |
| FA | It is divided into 2 sections as under – Section A (70 marks) – 35 OTQ’s of 2 marks each Section B (30 marks) – 2 objective type questions (OTQ’s) of 15 marks each |
| CL | It is divided into 2 sections with a total of 52 OTQ’s as under – Section A (70 marks) – 45 questions Section B (30 marks) – 5 questions |
| FR, PM and FM | It is divided into 3 sections as under – Section A (30 marks) – 15 OTQ’s of 2 Marks each Section B (30 marks) – 3 Case Studies with 5 OTQ’s in each case study of 2 Marks each Section C (40 marks) – 2 Descriptive Questions of 20 Marks each |
| AA | It is divided into 3 sections as under – Section A (30 marks) – 15 OTQ’s of 2 Marks each Section B (70 marks) – 3 questions of which 2 are for 20 marks each and 1 is for 30 ma |
| TX | It is divided into 3 sections as under – Section A (30 marks) – 15 OTQ’s of 2 Marks each Section B (30 marks) – 3 Case Studies with 5 OTQ’s in each case study of 2 Marks each Section C (40 marks) – 3 Descriptive Questions. 1 question of 10 marks and 2 questions of 20 Marks each respectively |
Strategic Professional Level
| SBL | The revised paper pattern (starting the September 2023 attempt) consists of 3 tasks / questions with 2-3 sub questions per task. |
| AFM, APM, AAA and ATX | The paper consists of 2 sections as under – Section A consists of one question of 50 marks Section B consists of 2 questions of 25 marks each |
In Summary
Gaining the ACCA certificate in India gives you access to countless job opportunities in the accounting field and builds a solid foundation for a fulfilling career. Through simplifying the ACCA course, ACCA exam structure in India, and key advantages, we aim to educate you with the knowledge you need to start your ACCA journey with assurance. Keep in mind that ACCA not only provides access but also gives you the knowledge and abilities necessary to succeed in the demanding field of finance and accounting.
Looking for an online ACCA course in India, Mirchawala is your one-stop destination to get all support and guidance.
Frequently Questions and Answers (FAQs)
Q: What is the number of subjects in the ACCA exam in India?
Ans: There are 13 subjects in all, divided into three categories: professional, skill, and fundamental.
Q: What is the expected question count for the ACCA skill level exam in India?
Ans: The ACCA skill level exam will include both lengthy answer and multiple-choice questions.
Q: How long is the ACCA course in India?
Ans: The ACCA course duration is two to three years, and it requires three years of relevant work experience.
Q: What is the minimum age to take the ACCA exam in India?
Ans: For candidates to apply for the ACCA exam, they must be at least eighteen years old.
Q: Is ACCA MCQ based?
Ans: Each of the ACCA F1–F4 papers and 60% of the questions in aer F5 to F9 will be MCQ based questions.
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