ACCA is a professional qualification in the accounting and finance realm recognized globally. The ACCA course teaches you how to properly interpret financial statements, use numbers to analyze decisions, conduct accurate audits, and think financially in a way that businesses actually appreciate.
There are thirteen papers in the entire ACCA learning journey, which may seem daunting at first. Here, ACCA Exemptions become extremely useful in this situation. ACCA allows you to avoid the comparable exams if you have completed specified courses earlier. ACCA exemptions help in three easy ways:
- It eliminates repetition. A student pursuing a BCom or MBA in finance has already studied business law, management accounting, or financial accounting.
- Secondly, it modifies your initial position.
- Thirdly, it reduces the total time spent preparing by starting at the level that truly corresponds to your knowledge rather than starting from the first paper.
In this blog, we will discuss the ACCA exemptions in detail.
- What is the ACCA calculator exemption?
- How to Use the ACCA calculator?
- Do I qualify for exemptions under the ACCA?
- How much do ACCA exemptions cost?
Quick Brief of ACCA Exemption Calculator
The ACCA Exemption calculator streamlines the ACCA course in Bahrain and assists students in understanding their eligibility for exam exemptions based on their previous academic qualifications. The ACCA exemption calculator helps students in finding which exam they are exempt from and adjust their journey accordingly.
The ACCA offers an easy-to-use ACCA exemption calculator that compares the candidate’s qualifications to the exam needs, ensuring you do not retake examinations in subjects you’ve already passed.
How to Use ACCA Exemption Calculator
Step 1: Visit ACCA Website: Go to the ACCA website as the first step, go through the following link or search for “Exemption Calculator” to get the exemption calculator https://www.accaglobal.com/in/en/help/exemptions-calculator.html
Step 2: Choose Nation and Eligibility: Choose your college, nation, and qualification. You can easily verify by entering your qualification details if it does not appear manually.
Step 3: Check Your Exemptions: Once your qualification has been entered, the tool will show a list of ACCA papers, those you have had exemptions from, and those you need to study for
Step 4: Get Your Exemption Information by Mail: You get the option to send a summary of the papers you are exempt from and those you must take to your mail after reviewing your exemptions.
ACCA Levels and Papers Eligible for Exemptions
The initial levels of ACCA are discussed below, explaining how exemptions relate to the exam tiers. Students who are not sure of which level their degree belongs to will find this particularly helpful.
| ACCA Level | Paper Names | Exemptions |
| Applied Knowledge | BT, MA, FA | Yes |
| Applied Skills | LW, PM, TX, FR, AA, FM | Yes |
| Strategic Professional | SBL, SBR, AFM, APM, ATX, AAA | No |
Estimated ACCA Completion Timelines With Exemptions
The ACCA qualification includes 13 Papers, divided into three levels that support students’ progressive skill and knowledge development. The ACCA exemptions give students the tools they need to succeed in their jobs more quickly and effectively.
Here is a quick list of the duration and number of exempt papers to understand how exemptions impact the overall timetable for various student categories.
0 Exemptions
- 2.5–3 Years
- Completion of all 13 examination papers
3–4 Exemptions
- 2–2.5 Years
- Applicable for non-finance graduates
5–6 Exemptions
- 1.5–2 Years
- Applicable for Master’s level and finance graduates
6–7 Exemptions
- 1.3 – 1.8 Years
- For CMA candidates
8–9 Exemptions
- 1 – 1.3 Years
- Less common, but achievable with accredited academic qualifications
Dos and Don’ts of ACCA Exemption Calculator
- Making the most of exemptions doesn’t always mean claiming every one you can; it’s better to strike a balance between expertise and speed.
- Exemptions enable you to concentrate on more difficult Skills and Professional papers when you have recently studied the subject in-depth and feel confident about your foundations.
- However, before taking Strategic Professional, you can think about taking several exemptible papers to rebuild fundamental concepts in subjects like Financial Reporting or Management Accounting if your previous course was theory-heavy, outdated, or primarily rote-based.
- You have considerable planning flexibility because you can decide to relinquish exemptions within a specific time frame after they are granted.
Hopefully, you have found this ACCA Exemption Calculator Guide helpful and insightful. Visit our site often to read more interesting content.
Frequently Asked Questions (FAQs)
Q: How much do ACCA exemptions cost?
Ans: The location of your ACCA exams determines the cost of ACCA exemptions. For instance, exemptions from Applied Knowledge and Applied Skills papers cost £76 and £103, respectively, in the UK. Students need to pay for administrative expenses.
Q: Is it beneficial to pursue ACCA in Bahrain?
Ans: With the remarkable growth of the finance and accounting landscape in Bahrain, the country opens doors for numerous career opportunities. Bahrain is a perfect place to pursue an ACCA career with a growing path.
Q: Which is the best ACCA institute in Bahrain?
Ans: If you are looking for online ACCA coaching, Mirchawala can be your one-stop learning partner, taking you from the basic-level syllabus to advanced industry knowledge.
