“HOW CAN YOU STREAMLINE YOUR ACCA JOURNEY IN SRI LANKA WITH ONE SIMPLE TOOL?”
The ACCA course in Sri Lanka is considered to be the most flexible accounting qualification for several reasons, including the exam exemptions it offers. This valuable credential allows students with a strong academic background (degree or advanced qualification) to avail academic relaxation in the form of ACCA exemption. Aspirants with accounting, finance, or business degrees tend to be eligible to benefit from this opportunity, which accelerates their academic journey. The number of exemptions offered differs from person to person, entirely depending on their academic history; however, the ACCA exemption can range from one to nine exams. Know that these exempted modules are from academic knowledge and academic skills level; the modules from the strategic professional level can not be exempted.
However, this experience is valued by students, and it really fascinates them; still, they find it difficult to calculate the number of exemptions they might be eligible for. To ease this issue, ACCA Global brought forward a tool named ‘ACCA Exemption Calculator’; this tool is available online and can calculate the number of exemptions a student can achieve depending on their educational background. Not many newbies are aware of this ACCA exemption calculator; hence, we collected all the essential information regarding it and summarized it in this insightful digital guide.
WHY ACCA EXEMPTION MATTERS?
Sri Lankan students truly value the facility of ACCA exemption because of the following reasons:
- It speeds up the completion of the qualification and saves the precious time of ACCA students.
- It is relatively cost-effective, as with every exempted exam, students can save their exam fee, registration fee, and other related expenses.
- It allows you to join the workforce earlier, as students with exemptions tend to complete each academic requirement faster than other candidates.
ACCA EXEMPTION CALCULATOR
To make it easier for students to calculate the allowed number of exemptions for the ACCA course in Sri Lanka (if they are eligible for any), ACCA Global introduced a digital tool known as the ACCA exemption calculator. Aspirants can have access to this tool through the official website of ACCA Global; this tool asks for details regarding your academic background (name of the institute and the degree you opted for). Once you fill in the required information, it will generate the number of exemptions you might be eligible for.
Once you know the number of allowed exemptions with the help of the ACCA exemption calculator, you may efficiently plan your ACCA roadmap. For facilitating students, this tool also offers an additional feature that automatically generates a customized academic roadmap, including where to start from, streamlining the modules you should take, and an estimated timeline, etc.
HOW DOES THIS PERSONALIZED ROADMAP HELP?
The personalized roadmap made with the help of the ACCA exemption calculator turns out to be quite beneficial for students in many ways, some of which are discussed ahead.
- This roadmap allows you to avoid unnecessary exams.
- Make your beginning point clear so you know where to start your studies.
- Allows you to choose your study mode and forecast the timeline of completion of the qualification.
- With the help of this feature, budgeting and financial forecasting become much easier.
CONCLUSION
Indeed, the ACCA exemption calculator has added much value to the academic journey of the students; many ACCA students are from strong academic backgrounds, which means they are degree holders and eligible for exemptions. However, they are unaware of the number of exams they have to take, excluding exempted modules; but if these students are smart enough to use the said Exemption calculator ACCA, they will get a complete roadmap with just a single click. Therefore, students are highly recommended to make the utmost use of this digital tool introduced by ACCA Global and save their energy for something more important.
FREQUENTLY ASKED QUESTIONS (FAQs)
Q1: Which credentials are allowed to avail ACCA exemptions in Sri Lanka?
Ans: Students with a credible qualification from a business, accounting, or finance background are usually eligible for these exemptions, such as a Bachelor’s in Business Administration, BSc in Accounting, etc.
Q2: Is the ACCA exemption a way to speed up your qualification progress?
Ans: Of course, by availing exemptions, students can speed up their academic progress, and to be very fair, that is the only real motive behind availing exemptions; students are quite impatient to step into the practical financial world.
Q3: How does the ACCA exemption cut the cost of the academic financial obligations?
Ans: Once a student is exempted from an ACCA exam, he must, however, pay the ACCA exemption fees, but he still manages to save himself from additional costs apart from exam fees, such as study materials cost, registration fee, and much more.
