Frequently Asked Questions

How can we help you? Have queries about application or entry requirements? Or do you want to know about your career possibilities after getting an ACCA degree? Please check our FAQ section to find information about all, from admissions to examinations.

FAQs are Frequently Asked Questions. The following are questions that we get asked most frequently in email, on the phone, and at conferences. They cover everything from submitting manuscripts to getting in touch with our authors. If you don’t find the answers you need here, contact us.

ACCA (Association of Chartered Certified Accountants) is the largest and fastest-growing international accountancy body, with over 486,000 students and 200,000 members in 179 countries. More people around the world qualify in-country with ACCA than any other international body. ACCA’s reputation and influence are respected worldwide by employers, government and the profession itself.

ACCA’s Members, who are known as Chartered Certified Accountants, are employed in industry, financial services, the public sector, or in public practice. With statutory recognition in the UK and Ireland, it has the authority to license its members to work as registered auditors. In the UK, it also authorizes its members to undertake insolvency work. Outside the UK, ACCA’s are recognized under the EU’s Mutual Recognition Directive and in many countries around the world.

ACCA admissions for 2025 are now open at Seed Financial Academy in Nepal. To enroll, visit our official website and navigate to the admissions section. Complete the online application form, ensuring you provide accurate information. Upload the required documents, and our admissions team will review your application.

The minimum entry requirements for the ACCA Qualification are 10+2 in any stream to A-Levels and three GCSEs (or their equivalent). These need to be in five separate subjects, including English and Maths. Students who have completed BBS/BBA/MBA/MBS or from other professional qualifications can apply with exemptions for up to 9 papers.

1.   Documents supporting your educational achievements

Your educational documents must:

  • Name your qualification(s)
  • Be signed and stamped by the awarding institution/body (including logo)
  • include transcripts/mark sheets detailing the subjects/module codes and the marks achieved
  • Show date of completion for full academic award or confirmation of years successfully completed
  • Your award certificate(s) and/or an official letter confirming completion

2.   Proof of identity

We can accept the following as proof of identity

  • copy of birth certificate
  • passport
  • National ID Card or driving license

3.   Passport-style photograph

You will also need to supply a passport-style photograph of yourself.

If you have changed your name after obtaining your qualification documentation please submit a copy of an official document for this change.

If you are providing your documents in a language other than English, you’ll need to provide an official translation as well as a copy of the documents in their original language.

Please review our complete set of admission requirements to determine your eligibility. Students must have at least three GCSEs in five areas, including math and English, and a minimum of 10+2 in any stream up to A-Levels. Additionally, individuals with BBS/BBA/MBA/MBS or other professional qualifications may apply with exemptions for up to 9 papers.

The minimum entry requirements for the ACCA Qualification are:

10+2 in any stream to A-Levels and three GCSEs (or their equivalent). These need to be in five separate subjects including English and Maths.

Students who have completed BBS/BBA/MBA/MBS or students from other professional qualifications can apply with exemptions up to 9 papers.

In order to complete the ACCA Qualification and qualify as an ACCA member, you will need to complete:

  • 13 exams (exemptions are awarded based on qualifications held)
  • 3 years of practical work experience
  • the Ethics and Professional Skills module

The exams are detailed below:

Applied Knowledge exams

  • Accountant in Business (AB)
  • Management Accounting (MA)
  • Financial Accounting (FA)

Applied Skills exams  

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

Strategic Professional exams Essentials

  • Strategic Business Leader (SBL)
  • Strategic Business Reporting (SBR)

Options (two to be completed)

  • Advanced Financial Management (AFM)
  • Advanced Performance Management (APM)
  • Advanced Taxation (ATX)
  • Advanced Audit and Assurance (AAA)

To help demonstrate to potential employers that you can apply your knowledge in the workplace and have practical skills, you are required to complete three years of relevant work experience. You can gain your practical experience before, during or after you complete your exams

As part of your ethical development, you are required to complete the Ethics and Professional Skills Module. This will give you exposure to a range of ethical perspectives and includes several self-tests that require you to reflect on your own ethical behavior and values. The module becomes available to you online when you have completed the first three exams of the ACCA Qualification (Accountant in Business (AB), Management Accounting (MA) and Financial Accounting (FA)), although it is recommended that you complete all nine Applied Knowledge and Skills exams before taking it.

Students are awarded:

Certificate of Achievement

Students are awarded a Certificate of Achievement if they achieve a pass mark of 85 percent or above for individual passes in Accountant in Business (AB), Management Accounting (MA) and Financial Accounting (FA) from June 2011 onwards and Corporate and Business Law (LW) from June 2015 onwards.

ACCA Diploma in Accounting and Business (RQF Level 4)
Students are awarded the ACCA Diploma in Accounting and Business (RQF Level 4) when they have successfully completed Accountant in Business (AB), Management Accounting (MA) and Financial Accounting (FA) (at least one of which must have been sat and passed), plus completion of Foundations in Professionalism. Students who obtain full exemptions will not be awarded the Certificate.

Advanced Diploma in Accounting and Business
Students are awarded the Advanced Diploma in Accounting and Business when they have successfully completed the Applied Skills exams (at least two passes are required, one of which must have been sat on or after 1st June 2011), plus completion of the Ethics and Professional Skills module. Students who obtain full exemptions will not be awarded the Certificate.

Strategic Professional Certificate
Students are awarded a Strategic Professional Certificate when they have successfully completed all of the Essentials exams of the ACCA Qualification (Strategic Business Leader (SBL), and Strategic Business Reporting (SBR)) and any two of the Options exams from Advanced Financial Management (AFM), Advanced Performance Management (APM), Advanced Taxation (ATX) and Advanced Audit and Assurance (AAA)

In addition, you will also have an option to pursue a BSc (Hons) in Applied Accounting from Oxford Brookes University and an MSc in Professional Accounting from the University of London.

ACCA runs four exam sessions per year. Students can sit a maximum of four exams at each session, and a maximum of eight distinct exams each calendar year. You could, therefore, complete all of the exams in two years.

However, as you also need three years of practical experience before you can become an ACCA member and be considered a qualified accountant, the qualification takes a minimum of three years to complete.

You can register online to become an ACCA student at any time of the year.

Applying online allows you to upload all your supporting documents. This means your ACCA application will be processed much quicker and you will know at which level you can start your studies shortly after submitting your application.

The best way to register for ACCA is through a learning provider like Seed Financial Academy, as you can register for a cost of GBP 45.

ACCA website includes a full sample exam for both the paper-based and computer-based versions.

In addition, our approved publishers BPP Learning Media and Kaplan Publishing include practice questions and practice exams as part of their study materials.

These materials are intended to support both paper-based and computer-based exams and therefore include CDs and/or online materials to support revision for computer-based exams.

50 per cent for all exams.

Exams must be taken in line with the following module order, however, you can attempt the exams within each module in any order:

  • Applied Knowledge exams – available by on-demand computer-based exams (CBE)
  • Applied Skills exams – available by paper-based or session CBE depending on location.  Some variants will only be available as paper-based exams.
  • Strategic Professional (Essentials and Options)– available by paper-based format

If your status allows you to enter for exams across modules, please remember that you must complete the exams in order and enter for outstanding exams in your current module if you wish to enter to sit exams in the next module.

For example, you may have already passed the Accountant in Business (AB) and Management Accounting (MA) exams.  You can enter for the Financial Accounting (FA) and Corporate and Business Law (LW) exams at the same time, but you would not be allowed to only enter for Corporate and Business Law (LW).

If a student enters for two upcoming exam sessions at the same time, progression rules will look across both exam entries and treat them as one.

For example, a student can enter for Audit and Assurance (AA) and Financial Management (FM) in September and Strategic Business Leader (SBL) and Advanced Performance Management (APM) in December at the same time. Once both entries have been accepted, any subsequent results from the first session will not affect the exam entry for the second session.

At seed financial academy, you can register to become an ACCA student online anytime over the year. You can upload all of your supporting documents when you apply online. Your ACCA application will be handled much more quickly and immediately after completing your application. Soon you will learn at which level you can begin your studies.

To complete the ACCA Qualification and qualify as an ACCA member, you will need to complete the following:
  • 13 exams (exemptions are awarded based on qualifications held)
  • 3 years of practical work experience
  • The Ethics and Professional Skills module
The exams are detailed below:

Applied Knowledge exams
  • Accountant in Business (AB)
  • Management Accounting (MA)
  • Financial Accounting (FA)
Applied Skills exams
  • Corporate and Business Law (LW)
  • Performance Management (PM)
  • Taxation (TX)
  • Financial Reporting (FR)
  • Audit and Assurance (AA)
  • Financial Management (FM)
Strategic Professional exams Essentials
  • Strategic Business Leader (SBL)
  • Strategic Business Reporting (SBR)
Options (two to be completed)
  • Advanced Financial Management (AFM)
  • Advanced Performance Management (APM)
  • Advanced Taxation (ATX)
  • Advanced Audit and Assurance (AAA)

To be awarded the BSc (Hons) in Applied Accounting you must:

  • Be registered with Oxford Brookes University ie have opted into the BSc degree scheme before  passing any of the three ACCA Applied Skills exams Financial Reporting (FR), Audit and Assurance (AA) and Financial Management (FM)
  • Successfully complete all nine Applied Knowledge and Applied Skills exams
  • Complete the ACCA Ethics and Professional Skills module
  • Complete and pass the Oxford Brookes University Research and Analysis Project.

To submit the Research and Analysis Project in the May and November submission periods, please refer to RAP submission dates.

To become an ACCA member, you must first complete all ACCA exams, including the Applied Knowledge, Applied Skills, and Strategic Professional exams. Additionally, you need to finish the Ethics and Professional Skills module, providing essential ethical and professional competencies.

Fulfilling the Practical Experience Requirement (PER) involves accruing 36 months of relevant experience in accountancy or finance, meeting nine performance objectives, or claiming an exemption through an ACCA-approved employer. All practical experience must be signed off by a supervisor to confirm competency. Once these criteria are met, you can apply for ACCA membership, gaining recognition as a qualified finance professional and accessing the benefits of ACCA’s global network.

Yes, all ACCA exams are computer-based (CBE). This transition enhances exam delivery efficiency and flexibility, enabling candidates to take exams at licensed centers worldwide. However, no prior computer knowledge is necessary to study ACCA.

Approved Learning Partners (ALPs) offer comprehensive training covering both theoretical and practical aspects, including essential computer skills. ALPs tailor teaching methods to accommodate diverse student backgrounds, ensuring all acquire requisite knowledge and skills for exam success. ACCA provides abundant resources such as study materials, practice questions, and mock exams to familiarize candidates with the exam format, regardless of their computer experience, promoting equal opportunity for all to excel.

To enroll in the ACCA qualification, you need at least a pass in grade 12 or its equivalent, regardless of your academic background. Whether you’re from a Science, Management, or Humanities stream, you’re eligible to pursue ACCA. Even if you’re awaiting results from your exams, you can still apply. Furthermore, if you already hold a bachelor’s or master’s degree, you may be eligible for exemptions from certain ACCA exams, allowing you to start at an advanced level.

Yes, absolutely! Starting ACCA in Nepal and completing it abroad, such as in the UK or Canada, is entirely feasible. ACCA offers a globally recognized qualification, allowing students to seamlessly transfer their studies between different countries. Many Nepali students opt to begin their ACCA journey in Nepal due to its accessibility and then choose to pursue further studies or examinations abroad for various reasons, such as exposure to international standards, networking opportunities, or personal preferences. ACCA’s flexible structure and global recognition facilitate this smooth transition, enabling students to achieve their professional goals regardless of their geographic location.

Yes, ACCA offers flexible study options, including distance learning and online courses, to accommodate the needs of students worldwide. Many accredited learning providers offer virtual classrooms, video lectures, and interactive study materials to facilitate remote learning. However, it’s essential to choose reputable providers with a track record of success in delivering quality education and support for ACCA students.

ACCA’s BSc(Hons) in Applied Accounting, offered in collaboration with Oxford Brookes University, allows ACCA students to earn a bachelor’s degree alongside their ACCA qualification. Eligibility requires completing the Applied Skills level and opting in before the Strategic Professional exams. This can be done through the ACCA online account.

Assessment involves conducting a Research and Analysis Project (RAP) on an accounting or finance topic and submitting a structured report.

The program enhances professional credentials and career opportunities by recognizing academic achievements.

The time it takes to complete the ACCA qualification varies depending on factors such as prior education, study pace, and exam schedule. On average, students typically complete the ACCA qualification within 3 to 4 years. However, some may finish sooner or take longer, depending on their individual circumstances and commitments.

Yes, ACCA members can work in public practice and conduct audit work in Nepal without any restrictions. They are eligible to work for any employer in external audit, internal audit, or any other areas of accounting, finance, or taxation. ACCA members can be actively involved in a practice or firm and perform audit work for their employer. However, if an ACCA member intends to establish their own practice in Nepal, they are required to obtain a practicing license from the Institute of Chartered Accountants of Nepal (ICAN). ICAN offers a pathway for ACCA members to obtain this license, enabling them to set up and operate their own accounting practice in compliance with local regulations.

Yes, ACCA qualifications can pave the way for entrepreneurship opportunities in accounting, finance, and related fields. With a solid foundation in financial management, business strategy, and risk assessment, ACCA-qualified professionals possess the knowledge and skills needed to start their own accounting firms, consultancy practices, or financial advisory businesses. ACCA’s global recognition and reputation for excellence can also enhance the credibility and marketability of entrepreneurial ventures in the competitive business landscape.

ACCA provides a gateway to diverse career avenues in finance, accounting, audit, taxation, and consulting. From public practice to corporate finance, banking, and entrepreneurship, opportunities abound. You could pursue roles as a financial analyst, auditor, tax consultant, or management accountant. Additionally, options exist in risk management, forensic accounting, and consultancy. With ACCA’s globally recognized qualification, you’re equipped for positions in multinational corporations, financial institutions, government agencies, or as an independent consultant, ready for dynamic challenges.

ACCA and CA qualifications both open doors to accounting and finance careers, yet they diverge in focus, recognition, and structure. ACCA, provided by the Association of Chartered Certified Accountants, enjoys global recognition.

Conversely, CA qualifications can vary across countries and are typically regulated by local accounting bodies. While both pathways offer rigorous training, ACCA emphasizes international accounting standards, making it ideal for those seeking a global career, while CA may be more tailored to specific national regulations and practices.

Yes, science students are eligible to pursue ACCA qualifications. While ACCA doesn’t require a specific educational background, students from diverse disciplines, including science, can undertake the exams. The comprehensive ACCA curriculum covers accounting, finance, and business management topics, providing a solid foundation for students regardless of their prior academic focus. While science students may need to devote extra effort to grasp accounting principles, support from preparatory classes, study materials, and dedicated self-study can help them excel in the program and pursue rewarding careers in accountancy.

Indeed, ACCA enjoys recognition and respect within Nepal’s professional landscape. Employers in Nepal highly regard ACCA qualification holders for their technical proficiency and expertise in accounting and finance. ACCA members and affiliates play integral roles across diverse sectors of the Nepalese economy, including banking, finance, audit, and consulting. Their contributions underscore the value and relevance of ACCA qualifications in meeting the rigorous demands of Nepal’s evolving business environment..

In Nepal, several institutions offer ACCA courses, including colleges and private institutions. It’s crucial to choose an institution accredited by ACCA to ensure the quality of education and support provided. One such accredited institution is Seed Financial Academy, which is recognized as a Platinum Approved Learning Provider. This accreditation signifies the highest level of quality and adherence to ACCA standards.

Additionally, you can explore other accredited institutions in Nepal and consider factors such as faculty expertise, infrastructure, and student support services before making your decision.

Yes, you can still study ACCA even if you haven’t studied Maths or Business in Grade 12. While these subjects are beneficial, they are not mandatory prerequisites for enrolling in the ACCA programme. ACCA offers alternative pathways and resources to support students with diverse educational backgrounds in pursuing their qualification, the FIA qualification.

The Foundation in Accountancy (FIA) is designed for individuals who may not meet the standard entry requirements for ACCA. It serves as a stepping stone to the ACCA qualification and provides a solid foundation in accounting and finance principles.

Yes, you can study ACCA alongside a BBA or BBS degree. However, it’s more common for students to choose BBS over BBA when combining it with ACCA. Why? Because both ACCA and BBA are demanding full-time courses, and managing the workload of both simultaneously can be tough. BBS tends to offer a more flexible schedule, making it easier to balance with ACCA studies. While it’s possible to pursue ACCA with a BBA degree, it requires exceptional time management skills and a high level of commitment due to the demanding nature of both courses.

The cost of pursuing ACCA in Nepal is generally competitive compared to other popular professional qualifications. With an investment of around 6-7 lakhs, ACCA proves to be a very good investment. This amount covers tuition fees, study materials, and exam registration, making ACCA an attractive option for aspiring accounting professionals.

Additionally, the flexibility of ACCA’s fee structure allows students to spread out their expenses over the duration of the qualification, making it more manageable financially. Overall, ACCA offers excellent value for money, providing a globally recognized qualification at a reasonable cost.

ACCA qualifications earned in Nepal maintain equal prestige worldwide. ACCA’s rigorous standards and comprehensive curriculum ensure professionals are equipped for the global marketplace. Employers worldwide recognize and value ACCA credentials, regardless of the country of origin. Thus, individuals with ACCA qualifications from Nepal can confidently pursue international career opportunities, leveraging their expertise and demonstrating their proficiency on a global scale.

Absolutely, possessing an ACCA qualification obtained in Nepal opens doors to international career opportunities. ACCA’s global recognition means you can confidently seek employment in numerous countries worldwide. Multinational corporations and prestigious accounting firms actively seek ACCA-qualified professionals for their expertise in global financial practices. Whether it’s in Europe, Asia, Africa, or the Americas, your ACCA qualification ensures you are well-prepared to excel in diverse professional environments across the globe.

A Platinum Approved Learning Provider of ACCA is an institution recognized for meeting the highest standards set by the Association of Chartered Certified Accountants. They offer top-quality teaching, support, and facilities, resulting in high pass rates among students. With qualified instructors, comprehensive learning resources, and a prestigious reputation, choosing a Platinum provider ensures you receive the best preparation for ACCA exams and enhances your career prospects in accounting and finance.

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