ACCA, being an advanced course looks to offer students benefits of prior knowledge, skills so that they can kickstart their professional journey as early as possible. ACCA achieves this by offering exemptions to students from the requirement to appear in various papers depending upon a host of criteria.
Overview of ACCA Course
ACCA course is divided into below three levels with students required to clear 13 papers, 20 hours of Ethics and Professional Skills Module (EPSM) and 36 months of Practical Experience Requirement (PER) to become a qualified ACCA.
| Applied Knowledge Level | Applied Skills Level | Professional Level |
| Accountant in Business | Corporate & Business Law | Strategic Business Leader |
| Management in Accounting | Performance Management | Strategic Business Reporting |
| Financial Accounting | Taxation | Advanced Financial Management |
| Financial Reporting | Advanced Taxation | |
| Audit and Assurance | Advanced Performance Management | |
| Financial Management | Advanced Audit and Assurance |
Available Exemptions
ACCA offers below set of exemptions depending upon various criteria:
- All 3 papers of Applied Knowledge Level + 1 paper from Applied Skill Level
- All 3 papers of Applied Knowledge Level + Up to 6 papers of Applied Skill Level
- All 3 papers of Applied Knowledge Level + All 6 papers of Applied Skill Level
However, no exemptions will be awarded for below:
- Strategic Professional Exams (Professional Level)
- Work experience
- Exams or modules examined within post-professional qualifications
Eligibility Criteria for ACCA Exemptions
ACCA has a very rigorous process of determining the qualifications eligible for ACCA exemption on a worldwide level. Below is a list of few qualifications considered for exemption:
- Certificates and Diplomas awarded by recognised institutions
- Foundation Degrees like IPCC by ICAI
- Bachelor Degrees like B.Com (H)
- Postgraduate Degrees like MBA
- Professional Qualifications like Chartered Accountant by ICAI
Popular Exemptions for Indian Students
Let us now take a look at eligible qualifications from the context of an Indian student:
Note: A CA-IPCC student can also claim additional exemptions based on their B. Com (H) and marks in CA Final level exams in Costing, SFM and Financial Reporting papers.
Fees Payable for Claiming Exemptions
Once your exemption eligibility is determined officially by ACCA, students would be required to make payments directly to ACCA to claim them and add it to their profile. Below is a quick overview of fees payable for claiming these exemptions:
To view the fee structure, please refer to our video on ACCA course fees
Required Documents for Claiming ACCA Exemptions
Students must provide below set of scanned documents to claim their intended exemptions:
- Upload official proof of any full or part-completed qualifications by providing copies of certificates and transcripts as evidence
- Any documentation which is not in English must be officially translated which must be stamped, signed by translator, and be attached as evidence of translation
VGLD Advantage
VGLD always strives to offer its students the best possible prices as we believe in making careers rather than selling education.
- VGLD offers students below exclusive scholarships to encourage and support needy students in their pursuit of excellence
- End-to-end guidance in claiming exemptions
- VGLD is a Gold Approved ACCA Learning Partner ensuring complete trust and faith
- LIVE online lectures from top-notch ACCA qualified faculty
- Weekend classes only – highly suitable for students already doing jobs
- ACCA pass Guarantee Programme with 100% Placement Assistance
- Numerous mock exams, practical questions training and doubt classes
- VGLD is a licensed CBE Centre from ACCA ensuring top-quality education
- Rich history of All-India Rank Holders
- Continuous mentoring and counselling from trained members
