ACCA Course Duration in Malaysia
An All-in-One Guide For ACCA Course Duration in Malaysia
Do you want to pursue the ACCA qualification but are not sure about the ACCA course duration? Don’t worry, in this article, we will go in-depth regarding the total time it takes to complete the ACCA course in Malaysia.
ACCA is one of the top international accounting associations. It is accepted throughout the world and is regarded in different nations as being on par with a local qualification.
Based on your prior knowledge, the Association of Chartered Certified Accountants (ACCA) has guidelines regarding who passes particular exams. You might be able to avoid some exams if your prior coursework meets ACCA requirements. Still, confused? Here is the comprehensive guide.
Structure of ACCA Qualification
The ACCA credential aims to give students the information and abilities required for positions in finance, accounting, and business management. Applied Knowledge, Applied Skills, and Strategic Professional are its three tiers. Every level develops on the one before it, gradually improving both technical and strategic skills.
For individuals who are new to the subject, this level offers a fundamental understanding of financial and management accounting.
- Papers: Financial Accounting (FA), Management Accounting (MA), and Business and Technology (BT).
- Duration: Depending on the study method and exclusions, it is usually finished in six months to a year.
More intricate technical duties in accounting, law, and finance are the focus of the following phase.
- Papers: Financial Reporting (FR), Audit and Assurance (AA), Taxation (TX), Performance Management (PM), Corporate and Business Law (LW), and Financial Management (FM).
- Time frame: Depending on exemptions and the amount of exams taken in a sitting, it typically takes one to two years.
The last stage refines abilities in advanced technical subjects and strategic management. There are two required and two elective papers in all.
Strategic Business Reporting (SBR) and Strategic Business Leader (SBL) are key documents.
Advanced Financial Management (AFM), Advanced Performance Management (APM), Advanced Taxation (ATX), and Advanced Audit and Assurance (AAA) are optional papers (choose two).
Depending on the paper chosen, the typical completion time is one year.
A Quick Overview of ACCA Course Duration in Malaysia
The ACCA course duration depends on your study style, prior academic qualification, and work experience. It can also vary depending on exemptions, study speed, and personal obligations, even though the typical student can finish the qualification in two to four years.
A breakdown of the anticipated course length based on various study strategies and situations may be found below.
Full-time Students
Full-time students who take many exams per quarter (March, June, September, and December) can finish the ACCA certificate in two to three years. This trick it possible to finish the course more quickly and reduce the ACCA course duration.
Real-World Experience: A lot of full-time students also complete the 36-month Practical Experience Requirement (PER) throughout their studies by working part-time or interning in finance or accounting, which helps them avoid delays in meeting the PER.
Part-time Students
For working individuals who want to balance their ACCA studies with their careers, part-time learning is the best option. To spread out the qualification over a longer length of time, students take fewer tests every session. Three to four years is the estimated timeframe.
Part-time students can manage work and study more easily because they usually take one or two exams at a time.
Bottom Line
This was a comprehensive guide on ACCA course duration. Although earning the ACCA certification can require a substantial time investment, you can shorten the course’s duration and become qualified faster with the right techniques. Making the most of your exemptions is one of the best strategies to cut down on the amount of time needed to finish ACCA.
For students with previous academic credentials, ACCA provides exemptions from some papers in the Applied Knowledge and Applied Skills levels.
Students who hold degrees in business, finance, or accounting, for example, may be excluded from up to nine papers, which reduces your ACCA course duration.
ACCA exams in Malaysia and worldwide are held our times a year, in March, June, September, and December. You can utilize these quarterly exam sittings to reduce the length of the course by trying multiple exams per session.
Frequently Asked Questions (FAQs)
Q: What is the duration required to finish the ACCA qualification?
Ans: The average time to finish ACCA is two to four years, depending on your study style, past credentials, and exemptions.
Q: Can I finish my ACCA in two years?
Ans: Yes, if you study diligently, take several exams at once, and make the most of your exemptions.
Q: Does obtaining an ACCA qualification need work experience?
Ans: Yes, the Practical Experience Requirement (PER) requires you to have 36 months of relevant job experience.