ACCA Exemptions: How Many Can You Get and Are They Worth Claiming?

Everything you need to know about ACCA exemptions — what they are, how to claim them, and whether you should always take them.

Learnsignal Education Team
Updated

What Are ACCA Exemptions?

ACCA exemptions allow you to skip certain papers if you have already demonstrated the relevant knowledge through a prior qualification — typically an accounting degree, AAT Level 4, or another professional qualification. Rather than sitting papers covering material you have already mastered, you claim an exemption and move straight to the next level. Exemptions are a significant benefit of ACCA's flexible entry system.

How Many Exemptions Can You Get?

The maximum number of exemptions available is 9 — all of Applied Knowledge (3 papers) and all of Applied Skills (6 papers). You cannot get exemptions from Strategic Professional papers. A candidate with maximum exemptions would only need to sit the 4 Strategic Professional papers to complete ACCA. In practice, maximum exemptions require a fully ACCA-accredited degree in accounting — most graduates get 3-6 exemptions depending on their specific degree and modules studied.

Should You Always Claim Exemptions?

Generally yes — but with one important caveat. Exemptions save time and money. However, Strategic Professional papers build on Applied Skills knowledge. If you have exemptions for papers like FR (Financial Reporting) or AA (Audit and Assurance) but your underlying knowledge in those areas is weak, you may find SBR or AAA harder than expected. If you have time before starting Strategic Professional, consider whether a refresher on exempt topics would help.

How to Claim Exemptions

Log in to MyACCA, navigate to the exemptions section, and submit your qualification certificates for assessment. ACCA charges an exemption fee per paper (check accaglobal.com/fees for current rates). Submit your original certificates — unofficial transcripts are not accepted. Processing typically takes 2-4 weeks.

Exemptions vs Sitting the Paper

In some cases, a candidate may choose to sit a paper they are entitled to exempt from — particularly if their knowledge in that area is genuinely weak or if the exemption fee is close to the exam fee. This is unusual but not wrong.

Further Reading

Study with Learnsignal: Start at the right level with Learnsignal's ACCA courses. Explore ACCA.

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Learnsignal Education Team

Expert Tutor at Learnsignal

Qualified professional with years of experience in teaching and helping students achieve their accounting qualifications.

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