ACCA Applied Skills

OVERVIEW

About the ACCA Applied Skills Level

The ACCA Applied Skills exams build on existing knowledge and understanding and develop strong, broad and practical finance skills required of future strategic professional accountants in any sector or industry. These exams are:

• Corporate and Business Law (LW)
• Taxation (TX)
• Financial Reporting (FR)
• Performance Management (PM)
• Financial Management (FM)
• Audit and Assurance (AA)

Following on from the Applied Knowledge level, ACCA Applied Skills is the next step to becoming qualified. As a qualified ACCA member, you will be able to work in any industry sector and in any type or size of organization. For example, with the ACCA Qualification, you can specialise in one area of accountancy, e.g. audit or tax, with a small firm of accountants or one of the big accountancy firms. Or you may wish to work in a consultancy role, provide financial information and advice, or manage the finances of a large multinational company.

On average, it takes around three years to complete the ACCA qualification, depending on your method of study and your mix of work and study throughout this time. ACCA has a ten-year time limit from the date of registration for you to complete the exam component.