The Complete Structure of ACCA Course Fees in the UK in 2024

Learn about all the ACCA course fees in UK and other expenses associated with the ACCA qualification to exactly know how much it costs and how you can save maximum on it. 

ACCA is a globally known professional certification that you can obtain by passing several exams and evaluations. Employers across the world recognize the qualification, which leads to a varied range of business, finance, and accounting-related job opportunities.

However, embarking on this career path might be daunting if you are not sure of how much it will cost! Also, no one wants unpleasant financial surprises or hidden costs. For this reason, we have created this thorough summary on  ACCA course fees in the UK with registering for the ACCA exams as well as the other possible charges and taxes you should know along the way. 

Here is a glance at the expenses you should take into mind if you want to become a chartered accountant through the ACCA. 

  • ACCA registration fees
  • ACCA course fees
  • ACCA exam fees
  • ACCA exemption fees
  • ACCA membership fees

ACCA Registration and Subscription Fees

The ACCA qualification has an £89 one-time registration cost. You will also need to pay a £122 annual subscription charge if you choose to continue studying for the certification after your first year.

If you want to avoid an £89 re-registration cost, make sure to pay your payables on time. Your registration will be canceled if you make late payments.

Applied Knowledge Exams

To qualify for the ACCA Applied Knowledge Exam, you should have an understanding of key management and financial concepts as well as their practical application. These are exclusively offered as computer-based exams or CBEs. To make a reservation, you must get in touch with your neighborhood CBE center, and costs may differ based on that, according to ACCA. The following topics fall under the Applied Knowledge stream:

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

Applied Skills Exams

The applied skills exams are suitable for people with relevant work experience in finance. This will check your ability to evaluate financial data and your comprehension of how accounting is utilized in business.

For regular entry, each Applied Skills exam costs £143. The Applied Skills subjects are listed below:

  • Corporate and Business Law (LW)
  • Performance Management (PM)
  • Taxation (TX)
  • Financial Reporting (FR)
  • Audit and Assurance (AA)
  • Financial Management (FM)

Try to schedule your exam as early as possible because a late exam admission fee will cost you £365.

Strategic Professional Exam

ACCA Strategic Professional Exams include advanced accounting, business acumen, and ethics. For this level, the Strategic Business Leader exam, which costs £245, and the Strategic Business Reporting exam are the two required exams. Additionally, there are optional Strategic Professional Exams, which include the following:

  • Advanced Audit and Assurance (AAA)
  • Advanced Taxation (ATX)
  • Advanced Financial Management (AFM)
  • Advanced Performance Management (APM)

Each optional Strategic Professional Exam will cost you £190. Make sure to select and pass two of the Strategic Professional Exams, which are optional.

Ethics and Professional Skills Module

One of the most crucial parts of the ACCA Qualification is the professional ethics module. It educates you on ethical principles, ethical decision-making, and professional values.

Additionally, it enhances your teamwork, client service, and professional communication abilities. The training enables you to get a reflection on your professional ethics and principles and how they can impact your future career.

Please take note that to proceed to the Strategic Professional exam, you need to first pass the Applied Knowledge exams and then finish the £86 Ethics and Professional Skills Module.

ACCA Exemption Fees

If you are already qualified, you are exempt from taking the ACCA exams. You can begin your qualification procedure at the appropriate level depending on your experience and knowledge by applying for an exemption.

You will be required to pay a charge for each exemption you receive.

ACCA exemption fees:

  • £98 for applied knowledge
  • £123 for applied skills 

ACCA Fees for Membership

You can become an ACCA member by passing the ACCA exam, completing the Professional Ethics module, and gaining 36 months of real-world experience. Still, you need to take an annual subscription, and £283 and an entry fee of £283 is included in the ACCA membership fees.

Frequently Asked Questions on ACCA Fees

Q: How can I enroll in ACCA in 2024?

Ans: In 2024, there are several methods for enrolling in an ACCA course in the UK. Obtaining a bachelor’s degree in accounting or a similar discipline is one method. Completing the ACCA Foundations in Accountancy (FIA) qualification is an additional option.

Q: What are the fees for an ACCA course in the UK in 2024?

Ans: In the UK, the cost of an ACCA course varies based on the university and course level. Nonetheless, ACCA tuition costs should range from £2,000 to £5,000 annually. Exam fees, which are now £100 per exam, will also need to be paid.

Q: What are the best ACCA jobs in the UK in 2024?

Ans: In the UK, ACCA graduates have excellent career prospects. ACCA graduates are often employed as accountants, auditors, financial analysts, and financial managers. 

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