ACCA APC Student Handbook
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- Deirdre Melton
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1 ACCA APC Student Handbook 2016
2 Welcome! We are GOLD LEARNING PROVIDER granted by ACCA. You can find A.P.C (accounting practise center) listed onto ACCA tuition provider directory: (search for accounting practise center in the following link) cksearchvo1 Table.jspx The Accounting Practice Center would like to welcome you to our online ACCA platform. No matter where you are in the world and no matter how busy you are, we can help you prepare for your ACCA online. Our platform is designed to provide you with all the resources needed so you can study and excel even while maintaining a hectic lifestyle. We understand that the reason why people opt for online study sessions and courses is to save time. Hence, our online program revolves around the mission to help you succeed in the minimum amount of time required. For that we bring to the table all the tools which can help us help you. Our tools and techniques for studying are meant to allow you to maintain your own pace. Our purpose is not to rush you, but to help you maximize your potential ability and speed in studying for a successful ACCA. We offer not only our professional services and tutors but also an online community in the form of our forum so you may interact with your peers and tutors. You can get all the benefits of a classroom full of fellow students and capable tutors without having to waste time like you would in real life. For any queries with regards to the course pack, feel free to contact us without any hesitation. We will do our best to assist you as best as possible. Wishing you the Best of Luck and every success with your studies. APC, Accounting for your future.
3 ACCA programme Details Features of ACCA Program: Our ACCA Program has certain features which give it an exceptional edge and the ability to help you succeed in a relatively short duration. Some of these features include, but are not limited to: E-learning Platform: The ACCA program is taught via our E-learning platform. The E-learning platform will give you access to all the papers you are studying within the current examination intake. You can register on our website and login to study ACCA papers online without much hassle. The login details are private and confidential and should not be disclosed to anyone else. Should we find that someone else, rather than yourself is using the account, it will be blocked immediately and an inquiry forwarded to the course department. Study support videos and syllabus mapping As soon as you join our E-learning platform and gain access to your respective course page, we advise you to take a look at the induction videos presented by our Tutor. These videos will explain the fundamentals of online studying and will give you a feel for the paper you are about to study. These professionally created videos are meant to help you in every way. course-overview/ Study materials This section will contain all the study material posted by our capable tutors. It is highly advised and in fact expected that you regularly check this section for updates to see new and latest study materials.
4 Highly Structured Programme We will divide the paper into three parts to study. For each part of study, it will include live online session by expert tutor guiding you how to make your study plan; how to study effectively; how to answer exam questions and introduction to real life cases. These live sessions are in essence the traditional class room on a virtual platform. These sessions simply simulate an average classroom but with some very well above average, sophisticated software and extremely proficient tutors. The tutors using these resources are able to present and explain just like in an actual classroom. Since this is a live session, students have the liberty of ask their tutors whatever they require to know, just like in an actual classroom. This allows students to get all the help they require. Recordings for the sessions are available on the E-learning platform 24 hours after completion of a live class. Then students are invited to interactive virtual classroom training course and these course sessions are pre recorded covering the whole ACCA syllabus. This is flexible to students because students can arrange their time to watch these sessions as many times as they want within 1 year. These pre-recorded virtual classroom session lectures are provided by our award winning tutors. Our tutors use a step by step approach to lecture different topics. You can see sample course here: These lectures would go through the whole ACCA syllabus with lots of practice questions solved in them to give their knowledge a new level of depth and give you a much richer learning experience. Dedicated tutor support During your study you may have different questions and you can our specialist tutors directly and get answered easily. We promise we would answer any academic questions within 24hours.
5 Mock Exam The Mock Exam is undoubtedly a great way to build up confidence and prepare for the real exam. Our Mock Exams will be marked by the academics that will in turn provide valuable feedback to you. This way you can see what you re doing right and where your knowledge needs reinforcement. For more information please refer to your course platform. Discussion Forums Forums are designed to help fellow students gather in one place and discuss their experiences, learning and bond with each other. Forums are not just meant for social purposes. Our forums can be used by Students to discuss with fellow students and mentors about the issues or difficulties regarding the course (not technical issues). Mentors aim to respond to any query within 48 hours so don t be afraid of being ignored and make good use of the forums and the knowledge and experience of other people studying ACCA. Pass Guarantee For ACCA F123 Programme, we contain pass guarantee service and this means if students fail or are absent during the exam, then they can use the course again until they pass the exam. For F5-P7 course, it contains ONE YEAR access right. And this means for example, students buy ACCA F7 Financial Reporting Course on 1 st Jan 2016 and student can access to this course until 1 st Jan Terms and conditions of enrolment, including refund and deferment policies. Please refer to the website to view the terms and conditions:
6 Tutor Profile Alan Lewin Experienced tutor, examiner for professional exams Alan qualified as a chartered accountant in 1982 with Touche Ross (now Deloitte) in Leicester. Alan left accountancy practice in 1985 to start a career in lecturing and then consultancy with more than 28years experience. Alan now specialises in writing and teaching the subjects of auditing, corporate governance and management theories. He also has examination experience with CIMA where he was chief examiner for 10 years and more recently ACCA where he was F8 Audit and Assurance examiner for 5 years. Alan is responsible for last minute revision for June2014 at APC for paper F8, P1, P3, P5 and P7. Steve Chan (ACCA,ACMA,CGMA) ACCA Live Online course Director, Senior Tutor, mentor for OBU. Steve began his career as an auditor and now he works as a finance director in a HK company and also dedicates himself into education. As an ACCA qualified accountant Steve brings his specialist knowledge in accounting and auditing. Steve has a comprehensive understanding of how the business world would work and In his class he will use lots of real life examples to try to help students come across lots of complicated areas during their study. Steve is currently in charge of Live online course program and he is currently teaching almost all of the ACCA papers Kieran Maguire, senior tutor, qualified accountant, previous accounting body examiner, expert in accounting and finance Kieran has been teaching ACCA P2 (and its predecessors) since He is a chartered accountant who has also a wealth of experience lecturing financial and corporate reporting
7 to students, accountants, lawyers, bankers and business owners, in the UK, USA, Russia, Caribbean, Europe and beyond. He won the PQ Magazine Finance Lecturer of the Year award in 2010, as well as many other teaching and lecturing awards. Kieran has been regularly interviewed by the BBC, The Financial Times, The Sunday Times, The Guardian, The Independent, and Stanford University, as well as many local media outlets for his knowledge of financial issues and ability to make complex topics understandable. Kieran has also been an examiner for professional accounting exams, and applies his knowledge in lectures, focussing on techniques, topics and presentation which maximise your marks in exams. Kieran is responsible for last minute revision for F7 & P2 for june2014 ACCA exam. Ian Janes(FCCA) Experienced tutor, fellow of the ACCA, specialist in Performance and Financial Management Ian is a highly experienced tutor of professional accountancy papers, specialising in ACCA papers P5 and F5 and CIMA papers P1 and P2. A dual academic prize winner, including a first prize in his ACCA taxation paper, in 2011, 2012 and 2013 he was shortlisted for Public Sector Lecturer of the Year by PQ Magazine. He has spent many years as a Senior Lecturer in the UK university sector and has practical audit experience from his time at Price Waterhouse Coopers (formerly Coopers and Lybrand) Chartered Accountants. Ian is a Senior Examiner for several professional bodies, and also has considerable experience of teaching finance to non-financial managers. Furthermore, he has published many articles in the journals of the professional bodies. David Evans Expert in Financial Management and experienced marker David is a very experienced ACCAP4 and F9 tutor who has just completed his 23rd year of teaching these papers, or their equivalents under the previous ACCA syllabus. He has taught in London, Bristol, Dubai, Singapore, Mauritius and Hong Kong. He is a Fellow of the ICAEW and now he is the tutor here at ACCA APC. David is the author of Kaplan s A students guide to Corporate Finance and
8 Financial Management which is an excellent foundation for studying both P4 and F9, and which is also a core text or recommended reading for Finance modules at 15 UK Universities. He is an experienced marker, having marked for many years for a number of professional accountancy exam bodies and he likes to illustrate his lectures with examples of good and bad exam technique. His teaching style is to explain technical topics and difficult theory in a very clear, simple, and exam focussed way, giving students an easy to follow step by step approach to tackling even the most complex exam questions. David was shortlisted for the PQ Awards Tutor of the Year in 2014.
9 ACCA Course Package ACCA Live Package: (ACCA F7-P7) [250 pounds/paper] Live Online Interactive Sessions (3 Sessions) Virtual Classroom HD Pre-recorded Tuition Sessions (30-35hours/paper) Electronic Super Package Study note(full Syllabus) Virtual Classroom HD Pre-recorded Revision Sessions (10hours/paper) Dedicated tutor support Exam Tips Mock exams(with tutor mark) 1 Year Access APC Certificate ACCA Start Package: (ACCA F1-F5) [79pounds/paper] Virtual Classroom HD Pre-recorded Tuition Sessions (30-35hours/paper) Electronic Basic Package study note(full Syllabus) Virtual Classroom HD Pre-recorded Revision Sessions (10hours/paper) Dedicated tutor support Pass Guarantee APC Certificate For more information, you can click on the following link:
10 ACCA information Overview of ACCA The Association of Chartered Certified Accountants (ACCA) founded in 1904 is the global body for professional accountants. It is a professional accountancy qualification that benefits from global recognition. It is one of the world s leading and fastest-growing international accountancy organisations. The ACCA qualification is recognised by employers all over the world and equips you to get senior positions in accounting and finance. Becoming qualified allows you to earn an annual salary of up to 60,000. As an ACCA member, you will have access to a global network of the most successful accountants and a range of unique resources. These include free accounting and auditing advice, as well as technical updates. ACCA gives opportunity to gain B.Sc (Hons) in Applied Accounting from Oxford Brookes University The ACCA qualification requires students to complete: Exams: 14 exams (9 of which are eligible for exemption) Experience: Relevant practical experience, with a minimum of 3 years(per) Ethics: An online professional ethics module. Embedded in the ACCA Qualification are the global accounting education standards set by the International Federation of Accountants (IFAC). There is a strong focus on ethics, professional values and governance. These are examined at the highest level in the ACCA Qualification and are a core element of your practical experience requirements.
11 ACCA Exams: ACCA Syllabus Knowledge F1 Accounting in Business (AB) F2 Management Accounting (MA) F3 Financial Accounting (FA) Skills F4 Corporate and Business Law (CL) UK F5 Performance Management (PM) F6 Taxation (TX) UK F7 Financial Reporting (FR) INT F8 Audit and Assurance (AA) INT F9 Financial Management (FM) Essentials P1 GR&E Governance, Risk, Ethics P2 Corporate Reporting (CR) (INT) P3 Business Analysis (BA) Options (choose 2 out of 4) P4 Advanced Financial Management (AFM) P5 Advanced Performance Management (APM) P6 Advanced Taxation (ATX) UK P7 Advanced Audit & Assurance (AAA) INT For more detailed information on syllabus please visit ACCA Website
12 Registration with ACCA / Exemptions All students wishing to register or claim any exemption are advised to consult ACCA website. It is also the responsibility of each student to ensure that he or she: Fulfills the entry requirements for the ACCA qualification, Registers with the ACCA ( prior to any deadline that is relevant to enable entry to chosen examination papers, Pays fees and subscriptions on time. The number of exemptions you can claim will depend on how closely your previous qualifications match the content of the ACCA syllabus. For example, if you have completed a relevant degree from an ACCA-accredited university, you may be eligible to claim exemption from up to all nine exams within the Fundamentals level. No exemptions are available from the Professional level. APC advises students to check their starting point and obtain written confirmation of their exemption status from ACCA before embarking on any course of study. Being awarded exemptions assumes students have the knowledge required to progress with their chosen course. It is a student s responsibility to ensure that they are completely up-to-date with prior knowledge requirements.
13 Exam Regulations All modules need to be taken and preferably passed in chronological order. A maximum of four papers per sitting applies although a variety of modules may be sat. Please note that papers within a module may be sat in any order. The three Essentials papers do not have to be sat together All modules need to be passed within 10 years.
14 ACCA Qualification fees career/fees.html A subscription fee is charged in addition to the initial registration fee in your first year as an ACCA student if you register before 8 May and are therefore eligible to sit at both the June and December exam sessions. Thereafter the annual subscription fee is due and payable on 1 January each year you wish to remain an active student. Remember you can pay your fees online at myacca. The payment enables ACCA to provide you with relevant resources and support to help you gain membership. ACCA students who fail to pay fees when due will have their names removed from the ACCA register. Students wishing to re-register are now required to submit any amounts unpaid at the time of their removal in addition to the reregistration fee. Confirmation of your unpaid fees can be obtained from your national ACCA office or ACCA Connect. The following fees and subscriptions apply with immediate effect: ACCA Qualification and Foundation-level students Initial registration 79 Subscription 83 Re-registration 79, in addition to any amounts unpaid at the time of registration/removal.
15 ACCA PEM&PER To qualify as an ACCA member, you need to finish Exams + PEM + PER. Professional Ethic modules (PEM): Students are required to study and sit an online module in Professional Ethics. It is recommended that it be taken at the same time as P1 because there are lots of overlap between the two. Practical Experience Requirement(PER): PER is the vital part of the ACCA qualification. It develops trainees professional knowledge and values, ethics and attitudes required to perform their work with professional competence. You must have 3 years relevant practical experience, which can be obtained before, during or after your exams. Trainees record their practical experience using Trainee Development Matrix(TDM) which is the online tool designed for ACCA trainees that you must use to plan and record your workplace achievement of the Practical Experience Requirements (PER). Performance objectives are identified, reviewed and signed off by a work place mentor. ACCA has introduced Annual Return to track the experience you have achieved during the preceding year, which has to be authorised by a work place mentor. More information about PER:
16 Institution Information ACCA Contact Information Guide 2 Central Quay, 89 Hyde Park Street, Glasgow, United Kingdom, G3 8BW info@accaglobal.com Students Enquiries: students@accaglobal.com Member Enquiries: members@accaglobal.com Tel: +44 (0) Fax: +44 (0) For more information go to APC contact Information Guide (Gold learning Provider) Room 1003, 10/F, Office Tower Two, Grand Plaza, 625 & 639 Nathan Road, Kowloon, Hongkong Enquiries: billy@accaapc.com / jan@accaapc.com Tel: For more information go to
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