Issued by the ACCA Ukraine, Baltic and Caucasus States office 9/2 Chervonoarmiyska St., office ...

21 Pages·2015·0.43 MB·English

by  Victoria Kibenko

Issued by the ACCA Ukraine, Baltic and Caucasus States office
9/2 Chervonoarmiyska St., office 77 Kyiv, 01004, Ukraine
Tel: [phone]; Fax: [phone]
www.accaglobal.com
February 2015
CONTENTS

About ACCA 1
Сhoosing the most appropriate ACCA programme for you 2
ACCA Qualification 3
Foundations in Accountancy 7
Introductory Certificate in Financial and Management Accounting 8
Intermediate Certificate in Financial and Management Accounting 8
Diploma in Accounting and Business 8
Certified Accounting Technician (CAT Qualification) 9
Certificates in Taxation, Financial Management and Audit 9
Diploma in International Financial Reporting – DipIFR 10
Certificate in International Financial Reporting 11
Certificate in International Auditing 12
Appendices 12
ABOUT ACCA

ACCA (the Association of Chartered Certified More people qualify locally with ACCA than with
Accountants) is the largest and fastest-growing global any other international accountancy body. All ACCA
professional accountancy body with 436,000 students members have achieved common membership criteria,
and 170,000 members in 170 countries. We aim to offer from China to UK, Poland to South Africa.
the first choice professional qualifications to people of
application, ability and ambition around the world who Every 6 minutes, somewhere in the world, someone
seek a rewarding career in accountancy, finance and registers to study with ACCA. The approximate number
management. of students and members in Ukraine, Baltic and
Caucasus states are 6,416 and 1,060, respectively.
We support our students and members throughout their
careers, providing services through a network of 91 ACCA is seen as an example of excellence in
offices and centres. This global network is unmatched education, training and regulation by many accountancy
by any other accountancy body. It underpins ACCA's bodies and regulatory authorities.
national operations, providing services and support to
members, students and other stakeholders. The local ACCA office, dealing mainly with Ukraine,
Latvia, Lithuania, Estonia, Belarus, Georgia, Armenia
We use our expertise and experience to work with and Azerbaijan, was opened on September 1, 2004.
governments, donor agencies and professional bodies
to develop the accountancy profession. We aim to Our contacts are:
achieve and promote the highest professional, ethical
and governance standards and advance the public 9/2 Chervonoarmiyska Str., office 77 Kyiv, 01004,
interest. Ukraine
Tel: [phone]
ACCA's reputation is grounded in over 100 years of Fax: [phone]
providing accounting and finance qualifications. Our www.accaglobal.com
long traditions are complemented by modern thinking, [email protected]
backed by a diverse, global membership. Our
reputation continues to grow as our qualifications attract Our advisors are get ready to support you 24 x 7 in our
large numbers of new students each year, highlighting Global Customer Service Centre placed in Glasgow. If
the attraction of accountancy as a basis of a successful you have any requirements, don’t hesitate to visit our
career. ACCA produces professional accountants web page
whose skills and knowledge are required by employers, www.accaglobal.com/gb/en/footertoolbar/contact-
with potential to progress to obtain fulfilling careers in us/connect
many roles in accounting and business.

Also, ACCA enjoys owes much of its reputation to the
active role it plays in developing the accountancy
profession, working with many accountancy
organizations at international, regional and local level.
ACCA is represented in the world’s key accounting and
finance organizations and committees, and influential in
public policy. ACCA is an organization that takes a
proactive stance in helping to shape the profession of
the future.

1
CHOOSING THE MOST APPROPRIATE ACCA PROGRAMME FOR YOU

The global demand for qualified finance professionals comments and teachers’ notes and so on - are freely
has never been higher, and their work more varied. available to all via our website www.accaglobal.com.
We do this for two reasons:
Make the right choice and you could work for the type
of organization that suits you. If you are serious about a  To provide access to all students, teachers and
career as a finance professional, you need to think employers
seriously about a professional qualification. This is  To promote best practice elsewhere.
where ACCA comes in. With a variety of professional
qualifications (out of which the more known is the Thirdly, for all our qualifications, you should note that
ACCA Qualification – the only one that gives you ACCA is the Examining Body only. We do not
the right to become an ACCA member) ACCA is provide training ourselves for any of our qualifications,
highly recognized by employers and national as we believe that the integrity of a qualification is
professional associations as well. compromised if the same people are examining as are
teaching. So in most countries we work with several
Everybody appreciates the fact that ACCA companies we call Approved Learning Partners.
qualifications follow the same standard throughout
the world. In brief, our qualifications are:

ACCA operates with more than 400 examining centres ACCA Qualification – core ACCA qualification; 14
in 170 countries at each exam session, including one in exams; the only qualification giving the graduate the
Kyiv, Riga, Vilnius, Tbilisi, Yerevan and Baku. We also right to become an ACCA member; most popular
have two special exam centres in the region: Donetsk
and Minsk. Foundations in Accountancy suite of awards – the first
steps in the accountancy and finance professions, a
There are a few general points that are worth making group of very flexible and modular qualifications made
about ACCA qualifications. up of several certificates and diplomas.

Firstly, all of our qualifications are examined in Diploma in International Financial Reporting – helping
English only - because only by examining in one with knowledge on IFRS; 1 written exam; Russian
language can we maintain global consistency in the language version available; holders of this diploma will
standard of question papers and marking. This must not be exempt one exam from ACCA Qualification
frighten you since when obtaining the qualifications it is
not your English under scrutiny. It only has to be Certificate in International Financial Reporting – helping
understandable. Also all our written exams are held in with knowledge on IFRS; online tuition and testing; 20 +
the same day, with the same subjects throughout the 5 units of verifiable CPD for ACCA members
world.
Certificate in International Auditing – helping with
Secondly, all ACCA qualifications materials are knowledge on ISA’s; online tuition and testing; 25 + 5
publicly available to everyone. The details of all units of verifiable CPD for ACCA members
qualifications – syllabi, past exam papers, examiners’
2
ACCA QUALIFICATION

To see the newest updates please visit: www.accaglobal.com/en/qualifications/glance/acca

The ACCA Qualification is designed to provide the takes you. For more information about the syllabus of
accounting knowledge, skills and professional values exams please visit:
which will deliver finance professionals who are capable www.accaglobal.com/en/qualifications/glance/acca
of building successful careers across all sectors,
whether they are working in the public or private  Relevant and documented practical experience, with
sectors, practicing in accounting firms, or pursuing a a minimum of three years – experience which may be
career in business. obtained before, during or after taking the exams

 A Professional Ethics module, which will be
In order to qualify as an ACCA member, you will
completed online after becoming a student
complete:

INITIAL REGISTRATION
 14 exams (nine of which are eligible for exemption –
maximum number, available only for accredited

institutions. Read more on exemptions below). These
In order to sit the ACCA exams you have to be first
English language exams (covering a range of finance
registered as an ACCA student (trainee). You can
and management subjects) which are split into two
register at any time of the year. Student can apply to
levels: Fundamentals - comprising Knowledge and
ACCA online via www.accaglobal.com/applynow,
Skills modules - and Professional – comprising
upload their supporting documentation and pay online.
Options and Essentials modules:
Our online application process is quick and more

convenient than ever before. You can now:
FUNDAMENTALS (nine papers in total):

 Apply online for the ACCA Qualification or
Knowledge
Foundations in Accountancy suite of awards
F1 Accountant in Business
F2 Management Accounting  Upload all supporting documentation as the
F3 Financial Accounting application process is now fully automated

 Save part-completed applications and return to
Skills
complete them at a later stage
F4 Corporate and Business Law
 Claim provisional exemptions so you know which
F5 Performance Management
level you can start your studies immediately after
F6 Taxation
completing their application
F7 Financial Reporting
F8 Audit and Assurance  Track your application online
F9 Financial Management
 Receive confirmation of your application within a

shorter time period (in 10 days period).
PROFESSIONAL (five papers in total)

You need to study for achieving bachelor degree at the
Essentials
higher educational institution of III – IX accreditation
P1 Governance, Risk and Ethics
level to qualify for the ACCA Qualification. The list of
P2 Corporate reporting
documents necessary to complete the registration is
P3 Business Analysis
presented in Appendix 1.

Options (two to be completed)
Note: All documents mentioned above that are not in
P4 Advanced Financial Management
English or do not have English titles must be translated
P5 Advanced Performance Management
and stamped by a licensed translator.
P6 Advanced Taxation

P7 Advanced Audit and Assurance
It is acceptable to use the digital camera or phone
camera photos of the above mentioned documents,
These exams can be taken at your own pace during provided that they are of proper quality.
10 years, but most of our students finish them in
approximately three- four years. ACCA organizes two
exam sessions per year (in the months of June and
December) and in each session you can sit up to four
exams. We have 400 exam centres all over the world
and once an ACCA student you can take your exams
in any of these 400 centres, wherever your career
3
ACCA QUALIFICATION

Once your application to ACCA with supporting You can register online to the exams through your
documentation has been processed successfully, you personal ACCA account, myACCA.
will receive your Student Information Pack, which
contains all information you need to know as a student For more detailed information on exemptions please
of ACCA, including: visit:
www.accaglobal.com/en/qualifications/apply-
 Information regarding the ACCA/Oxford Brooks now/exemptions
scheme ( www.accaglobal.com/gb/en/student/acca-
qual-student-journey/bsc-degree ); FEES & EXAM ENTRY DEADLINES

 The program of the exams as well as information
regarding the exams’ organization All sums are presented in GB pounds and exclude VAT.
All taxes are payable directly in Great Britain and only
 Access to trainee development matrix which details in GBP.
the minimum requirements of practical experience in
relation with the possibility of becoming an ACCA In order to update the information about ACCA fees,
member please follow the link:
www.accaglobal.com/gb/en/student/acca-qual-student-
 The password for an online personal account journey/exams/enter-an-exam.html#Exam-fees
(myACCA) by means of which you will be able to
manage your ACCA activity REGISTRATION AND SUBSCRIPTION FEES

You will also receive monthly copies of the ACCA
students’ magazine Student Accountant containing You will be asked to pay an initial registration fee when
important information about forthcoming exams, you apply. In addition to this, an annual subscription fee
technical articles on the syllabus, news, reviews and will be due on 1 January each year you are registered
other useful information. For more information please as a student. For 2015 – if you register before 8 May of
visit: this year – the annual fee will be due 29 June 2015.
www.accaglobal.com/gb/en/student/acca-qual-student-
journey/sa The following fees apply for 2015:

EXEMPTIONS ACCA QUALIFICATION

Initial registration £79
As part of your initial registration process with ACCA
Annual subscription £83
you have an exemptions section, exemptions that you
can require based on your previous studies. ACCA * Re-registration fee £79
recognizes that you might already have the relevant

knowledge from previous qualifications and you can be
* If you have been registered with ACCA before and
exempt from sitting some of the ACCA’s exams based
you want to re-register, you need to fill in a re-
on your academic records. Please note that
registration form. A re-registration form can be obtained
qualifications gained more than 10 years ago are not
from your local ACCA office or from ACCA Connect.
sufficient for claiming exemptions.
The re-registration fee is £79 plus any fees that you

owe. This may also be charged if you were removed
You can check what exemptions your qualification will
from the register for having fees outstanding and had
grant you by checking our online exemption database:
not told ACCA that you wanted to leave our student
www.accaglobal.com/exemptions
register.

The exemptions must be paid just like normal

exams except you will not have to sit the exam, buy the

books or take the courses for that subject. You will

know the exemptions you were granted once you

receive the Student Information Pack and then you will

be able to register for the ACCA exams – there are a

couple of deadlines and depending on how early you let

us know what exam you want to sit, we’ll give you that

exam at a discount.

4
EXAM ENTRY FEES AND DEADLINES December exams or 8 March for June exams, you can
save yourself (or your family or boss) some money.

ACCA has introduced an online early exam entry so if The exam entry closing dates for early, standard and
you enter for your exams before 8 September for late exam entry are listed below:

EXAM ENTRY PERIOD EARLY STANDARD LATE
June exam session 8 March 8 April 8 May
December exam session 8 September 8 October 8 November

The closing dates for early, standard and late exam entry period are easy to remember – 8 is the date!

ACCA QUALIFICATION

Based on the dates above, the corresponding exam entry fees are detailed below:

EXAM FEES
EXAM LEVEL JUNE 2015 DECEMBER 2015
EARLY STANDARD LATE EARLY STANDARD LATE
Knowledge
£71 £76 £231 £71 £76 £231
(F1 - F3)
Skills
£90 £96 £252 £90 £96 £252
(F4 - F9)
Professional (P1 - P3
and any two from P4 £103 £111 £266 £104 £112 £268
- P7)

COMPUTER-BASED EXAMS (CBES)
METHODS OF PAYMENT

The above specified exam dates and fees apply only for
the paper-based exams, to be taken in June or Bank card. ACCA accepts payments through the Visa,
December. However, there is a possibility to pass any MasterCard, AMEX, Switch and Solo bank cards (for
of the three Knowledge module papers, F1 to F4, at a Ukrainian students this is the most convenient method
local CBE centre which you can sit at any time of the of payment). Under this method of payment you should
year. Once you are confirmed as a registered student indicate in your application the card information: card
with ACCA, simply find a CBE centre and pay them number, date of issue, maturity date, owner’s name and
directly for the exams you wish to sit. signature.

Please contact a local CBE centre for information about
the exam dates and fees. The list of CBE centres in the
region is presented in Appendix 4. The global list of
CBE centres can be found at:
www.accaglobal.com/gb/en/student/acca-qual-student-
journey/exams/computer-based-exams/cbe-centre-list

Note: In order to sit a computer-based exam you need
to be registered as an ACCA student.

5
TRAINING / STUDYING

You can choose to study for the ACCA exams either This way, you will be able to order the books directly
individually or by attending classes. If you choose to from UK and you will be able to see all their prices. In
take classes for the ACCA exams you must contact Ukraine you can buy books at:
ACCA’s Approved Learning Partners, because ACCA
does not provide training for its qualifications, it There are also many online, distance courses that you
offers only the educational structure, the syllabus. You might choose. You can find more information about
can see local Approved Learning Partners, supporting training literature at local tuition providers.
ACCA programmes in Appendix 4. No matter the chosen study variant, we recommend
you to read all the online resources which are provided
Also, you can find more information about our Approved by ACCA for free for each exam – former exam subjects,
Learning Partners worldwide here: examiners’ comments etc.:
www.accaglobal.com/tuition www.accaglobal.com/gb/en/student/acca-qual-student-
journey/qual-resource/acca-qualification
If you want to buy the books and cannot find them in
your country, you will find the contact details of the Also you can use free resources on site:
ACCA Approved Learning Partners – content providers www.opentuition.com
by accessing:
www2.accaglobal.com/learningproviders/alpcx/content_
provider_directory/search/cpd_directory

6
FOUNDATIONS IN ACCOUNTANCY (FiA)

“Foundations in Accountancy” consists of a suite of EXEMPTIONS
awards, including certificates, diplomas and the
Certified Accounting Technician (CAT) Qualification. (Similar to ACCA Qualification)

These allow you to pick the level of the qualification On your initial registration form you have an exemptions
which is most appropriate for you: section, exemptions that you can require based on your
previous studies. ACCA recognizes that you might
 Introductory Certificate in Financial Management already have the relevant knowledge from previous
Accounting = 2 exams + online ethics module qualifications and you can be exempt from sitting some
of the ACCA’s exams based on your academic records.
 Intermediate Certificate in Financial Management
As the exemptions procedure is similar, please consult
Accounting = 2 exams + online ethics module
the Exemptions sub-section of the ACCA Qualification
 Diploma in Accounting and Business = 3 exams + section above for corresponding information.
online ethics module
FEES
 Certified Accounting Technician (CAT) = all of the
above exams, plus 2 further exams and 1 year’s
(Similar to ACCA Qualification)
relevant practical experience

 Foundation Certificates in Taxation, Financial
Like with ACCA Qualification, both the initial registration
Management and Audit = individual exams in each
fee and the annual subscription fee are ₤79 and £83
subject
each. Please consult the Registration and Subscription
Fees and the Methods of Payment subsections of the
CAT and the Diploma in Accounting and Business offer ACCA Qualification section above for corresponding
a route into the professional level ACCA Qualification information.
with exemptions available. Like the ACCA Qualification,
CAT is designed to be flexible, allowing you and your The fees for each individual exam of the Foundation in
trainees to plan their studies around relevant work Accountancy suite qualifications are presented in the
experience to maximize the chance of exam success. corresponding sections below.

INITIAL REGISTRATION TRAINING / STUDYING

(Similar to ACCA Qualification)
The ACCA approved learning partners and ACCA
In order to obtain one of the certification from within tuition providers are going to prepare the relevant study
Foundations in Accountancy you have to be first materials for the students who want to obtain one of the
registered as a student (trainee). Student can apply to Foundations in Accountancy suite of awards. To obtain
ACCA online via www.accaglobal.com/applynow. further information on support materials, please contact
As the registration procedure is similar, please consult the tuition providers (listed in Appendix 4) directly.
the Initial Registration sub-section of the ACCA
Qualification section above for corresponding Below you will find a more detailed description of
information. the Foundations in Accountancy certificates.

7
INTRODUCTORY CERTIFICATE IN FINANCIAL AND MANAGEMENT ACCOUNTING

This certificate is suitable for anyone looking to do an  Two exams: FA1, Recording Financial Transactions
introductory qualification in accounting and finance. and MA1, Management Information
This includes school leavers or those already working in
 A professionalism and ethics module called
accounts-support roles. You don't need any previous
Foundations in Professionalism.
academic qualifications to study for this certificate.

To achieve the Introductory Certificate in Financial and
Depending on the date when you register for exam (the
Management Accounting you will need to register as a
earlier the better!), sitting the exams will cost you:
student for Foundations in Accountancy and complete:

JUNE 2015 DECEMBER 2015
EXAM ENTRY
EXAM LEVEL EXAM FEE EXAM FEE
PERIOD
(PER EXAM) (PER EXAM)
Introductory Certificate in Early £50 £50
Financial and Management Standard £53 £53
Accounting (FA1 & MA1) Late £210 £210

INTERMEDIATE CERTIFICATE IN FINANCIAL AND MANAGEMENT ACCOUNTING

This certificate is suitable for anyone looking to do an  A professionalism and ethics module called
introductory qualification in accounting and finance, Foundations in Professionalism.
including school leavers or those already working in
accounts-support roles. Please note, if you have already completed
Foundations in Professionalism, to achieve the
To achieve the Intermediate Certificate in Financial and Introductory Certificate in Financial and Management
Management Accounting you will need to register as a Accounting, you don’t have to complete it again.
student for Foundations in Accountancy and complete:
Depending on the date when you register for exam (the
 Two exams: FA2, Maintaining Financial records and earlier the better!), sitting the exams will cost you:
MA2, Managing Costs and Finance

JUNE 2015 DECEMBER 2015
EXAM ENTRY
EXAM LEVEL EXAM FEE EXAM FEE
PERIOD
(PER EXAM) (PER EXAM)
Intermediate Certificate in Early £50 £50
Financial and Management Standard £53 £53
Accounting (FA2 & MA2) Late £210 £210

DIPLOMA IN ACCOUNTING AND BUSINESS

This diploma is suitable for anyone looking to do an ROUTE 1
introductory qualification in accounting and finance, If you do not have any formal qualifications or you have
including school leavers or those already working in completed the Introductory and / or Intermediate
account-support roles. Certificate in Financial and Management Accounting
you will need to complete:
The quickest and easiest way is to apply online - it
 Three exams: FAB, Accountant in Business, FMA,
should take you no more than 10 minutes to complete.
Management Accounting and FFA, Financial
Applying online also allows you to upload all your
Accounting
supporting documents. This means your application will
be processed much quicker and you will know at which  A professionalism and ethics module called
level you can start your studies shortly after submitting Foundations in Professionalism. If you have already
your application. There are two routes to achieving this completed this module you don't have to complete it
qualification: again.
8