Exemption Calculator For ACCA: How To Calculate the ACCA Exemptions?

The journey of ACCA is significant and important in an accounting aspirant’s life, and to streamline that journey, ACCA offers exemptions to candidates. Embarking on the ACCA path is challenging, but with a complete understanding of the do’s and don’ts, you can ace the hurdles in no time.

What is the ACCA Exemption Calculator?

The ACCA exemptions calculator is an online tool provided by the Association of Chartered Certified Accountants, or ACCA. This helps students understand their eligibility for exam exemptions based on their prior academic qualifications and simplifies the ACCA course. This tool is simple and helps students identify the exams they are exempt from and plan the journey accordingly.

 

How to Use the ACCA Exemptions Calculator?

The ACCA provides a user-friendly exemption calculator that assesses the qualifications of the candidate against the exam requirements. This tool ensures that you do not have to take the assessments again in subjects that you have already assessed. 

Here is a step-by-step guide to using the ACCA exemptions calculator: 

• Visit the official ACCA website: accaglobal.com 
• Fill in your official educational background, i.e., your institution name and country or region. 
• Select your qualification and the graduation year. 
• The calculator will now display the exempted exam information based on the information provided.

 

What are the ACCA Exemptions? 

The 13 Papers of ACCA comprise 3 different levels with certain exemptions, which help the students develop their skills and knowledge gradually. The ACCA exemptions prepare students to achieve excellence in their respective careers faster and better. 

For instance, students enrolled in the ACCA with an integrated UG/PG degree, such as the B.Com with ACCA papers, can receive up to 9 exemptions in the ACCA papers.

The ACCA certification exam paper exemptions are explained in the following table: 

 

DEGREE	EXEMPTIONS	SUBJECT EXEMPTED
BBA	3 Exemptions	(BT, MA, FA)
BCom Degree	5 Exemptions	(BT, MA, FA, LAW, TX)
BCom (Calicut University)	5 Exemptions	(BT, MA, FA, LAW, TX)
BCom (Kannur University)	5 Exemptions	(BT, MA, FA, LAW, TX)
BCom (Kerala University)—Computer Application—in Conj with Fathima Matha National College, autonomous—from 2021 passouts	6 Exemptions	(BT, MA, FA, LAW, TX, PM)
BCom (Kerala University) cooperation—in Conj with Fathima Matha National College, autonomous from 2021 passouts	6 Exemptions	(BT, MA, FA, LAW, TX, PM)
CA Intermediate without Graduation	5 Exemptions	(BT, MA, FA, TX, AA)
CA Intermediate + Graduation	6 Exemptions	(BT, MA, FA, LAW, TX, AA)
Qualified CA	9 Exemptions	(BT, MA, FA, LW, PM, TX, FR, AA, FM)

 

Key Points to Consider in ACCA Exemptions 

The ACCA exemptions are typically for the Applied Knowledge and Applied Skills exams for the certification, depending on the prior subjects taken. There are no exemptions for the Strategic Professionals exams. The exemptions are based on the previous subject studied. 

The key points to consider in ACCA exemptions are: 

• Exemption Fees: Each exemption for ACCA requires the payment of a fee. The current fee status and structure can be reviewed on the ACCA website. 
• Timing: The exemptions for ACCA can be applied at any moment after registering as an ACCA student. 
• Strategic Decisions: The prior qualifications that were completed a long time ago can be subjected to exemptions if you remember the contents; otherwise, you can study them again to refresh your memory. 

 

Read More 

• Top Benefits of Getting an ACCA Certification
• How to Start the ACCA Course after the 12th Commerce?
• Can you Finish ACCA in Two Years?
• Best Books for ACCA

 

Frequently Asked Questions (FAQs) 

Is there any fee for claiming the ACCA exemptions? 

Yes, there is a fee for claiming the ACCA exemptions, and the exact amount depends on the exam and the location. The official fee list of ACCA on the website is advised to be consulted. 

Is it necessary to accept all the ACCA exemptions suggested?

No, it is absolutely not necessary to accept all the exemptions suggested; the prior qualifications, which were completed a long time ago, can be subjected to exemptions if you remember the contents; otherwise, you can study them again to refresh your memory.

What documents are necessary while applying for ACCA exemptions? 

While applying for the ACCA exemptions, you will need to provide: 

• Proof of Qualifications 
• Complete degree certificates or official letters 
• Proof of identity 

What if my qualification is not listed in the ACCA exemptions calculator? 

If the qualification is not listed in the ACCA exemptions calculator, you can still apply for exemptions by providing a detailed document for assessment that includes the following:

• Syllabus of the courses studied
• Official completion certificates 
• Academic transcripts 

All this information can be submitted to the ACCA official channels, and this procedure takes time, so it is advisable to apply well in advance.