School of Business & Accounting >> ACCA Professional Scheme

ACCA Professional Scheme

About the program

The ACCA Professional Scheme is a highly relevant, targeted combination of study and practical experience in accounting and finance. The program is highly regarded and accepted throughout the world as a premier qualification that provides the requisite skills that employers seek. ACCA has students and members in around 170 countries. It also has its offices and centres in nearly 80 countries.

Awarding Body:

Association of Chartered Certified Accountants ACCA

Entry Requirements

Mature Student Entry Route (MSER)

This entry allows anyone above 21 years of age to register for ACCA. However the student must finish Papers F2 & F3 in two years to continue being registered for the program

Professional Entry Route (PER) -

• 2 GCE A Levels and 3 GCE O Levels (including English and Mathematics) or equivalent
• LCCI, 3 higher and 2 Intermediate level passes (including English and Mathematics)
• Completed the Certified Accounting Technician (CAT) qualification for entry into Fundamental Skills of ACCAs Professional Examination.
• Diploma from recognized Polytechnic

Note : For Diplomas and Degrees from recognized institutions in respective countries, the appropriate qualifications need to be forwarded to ACCA for assessment with regard to entry and exemptions

For qualifications from other countries click here: Minimum entry

Duration

International students will have to apply for a student pass to complete their studies in Singapore. Student must complete their studies within the course period of three and a half years.

1) Full-Time

Classes in AEC will be held for Full-Time classes

Full-Time Classes : Morning Sessions 9.30am to 1.00pm
Afternoon Sessions 2.00pm to 5.30pm

Modules/papers

• Fundamentals - Knowledge
• F1 Accountant in Business (AB)
• F2 Management Accounting (MA)
• F3 Financial Accounting (FA)

• Fundamentals - Skills
• F4 Corporate and Business Law (CL)
• F5 Performance Management (PM)
• F6 Taxation (TX)
• F7 Financial Reporting (FR)
• F8 Audit and Assurance (AA)
• F9 Financial Management (FM)

• Professional - Essentials
• And all three Core Papers
• P1 Professional Accountant (PA)
• P2 Corporate Reporting (CR)
• P3 Business Analysis (BA)

• Professional - Options
• Any two of the following:
• P4 Advanced financial management (AFM)
• P5 Advanced Performance Management (APM)
• P6 Advanced Taxation (ATX)
• P7 Advanced Audit and Assurance (AAA)

*AEC reserves the right to run selective Professional papers.

Examinations and intakes

• Intakes at AEC will be held every January and July
• Classes at AEC will continue for 5 months after every intake i.e. January - May and July November
• Examinations are held every June and December
• Revision classes are held every May and November

Tuition Fees

Upon application (All students)

TYPE OF FEES	AEC Registration Fee Fee + 7% GST	SPS Insurance Fee	Total Fees Payable
AMOUNT	S$90.95 ($85 + 7%GST)	S$160.50	$251.45
PAYABLE TO	AEC Business School	AEC Business School

 

Upon approval of student pass (Part 1 Students)

TYPE OF FEES	AEC Sponsorship Fee Fee + 7% GST	ACCA - FUNDAMENTALS (Knowledge)	Total Fees Payable
AMOUNT	S$321 ($300 + 7% GST)	S$290 * 3 papers + 7% GST= $930.90	$1'251.90
PAYABLE TO	AEC Business School	AEC Business School

 

Upon approval of student pass (Part 2 Students)

TYPE OF FEES	AEC Sponsorship Fee Fee + 7% GST	ACCA - FUNDAMENTALS (Skills)	Total Fees Payable
AMOUNT	S$321 ($300 + 7% GST)	S$370 * 3 papers + 7% GST = $1'187.70	$1'508.70
PAYABLE TO	AEC Business School	AEC Business School

 

Upon approval of student pass (Part 3 Students)

TYPE OF FEES	AEC Sponsorship Fee Fee + 7% GST	ACCA - PROFESSIONAL (Options and Essentials)	Total Fees Payable
AMOUNT	S$321 ($300 + 7% GST)	S$450 * 3 papers + 7% GST = S$1'444.50	$1'765.50
PAYABLE TO	AEC Business School	AEC Business School

 

Other Fees Payable (All students)

TYPE OF FEES	ACCA Initial	ICPAS	ACCA Annual	ICPAS Annual
	Registration Fee	Registration Fee	Subscription Fee	Subscription Fee
AMOUNT	64£	S$130	64£	S$80
PAYABLE TO	ACCA	ICPAS	ACCA (Yearly)	ICPAS (Yearly)

 

Examination Fees (All students)

TYPE OF FEES	Knowledge Module	Skills Module	Options & Essentials Module
AMOUNT	43£ per paper	51£ per paper	59£ per paper
PAYABLE TO	ACCA	ACCA	ACCA

 

All fees are subject to revision*
Medical Check: Upon obtaining of approval of student pass you are advised to make a provision of $100 - $200 for medical checks and visa required by the immigration in Singapore. The usual cost of the medical check up will be at approximately S$60 - S$80. Living Costs: Students staying in Singapore will incur expenses of approximately S$600 - S$800 a month including transportation, food and housing (room sharing costs). This will depend on the lifestyle of the student.

Closing Date for Registration for Student Membership

WHEN TO REGISTER

A student can apply to register with ACCA at any time. However, there are two examination sessions per year, and in order to sit for a particular session ACCA must receive the students Registration Form by the following dates:

For the June examinations
Register at ACCA by 15 December of the preceding year
Register at ICPAS by 15 December of the preceding year

For the December examinations
Register at ACCA by 15 August of the same year
Register at ICPAS by 31 July of the same year

2) Delivery Mode: (Overseas/local lecturer):

Fully taught by local lecturers both full-time and part-time

3) Examination/Assignment weightage:

Fully Examinable (Exam based)

The student must obtain three years relevant supervised practical experience in his/her employment to use the ACCA letters after his/her name.

4)How does the student register:

• At www.accaglobal.com, Click on the “interested box”
• Then click on the “ACCA Professional Scheme” box
• Click on “How to Register” in the blue column
• Click either under “By Post” or “On line” and follow the instructions

For Students taking the Joint Singapore Scheme, registration is to be done with the Institute of Certified Public Accountants of Singapore (ICPAS)

Program Contacts