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Welcome to the world of ACCA! More than just an accounting certification, it’s a prestigious global qualification providing you with all the necessary skills and knowledge. Get ready for a comprehensive journey that sets you up for success!

All You Need to Know
About ACCA

In Applied Knowledge, you grasp how accounting fits into the business world and learn the hands-on skills expected of a business accountant. The first level on your journey to becoming an ACCA professional comprises three papers.

Business Technology (BT)

In this paper, you dive into the basic principles of business and how they blend with today’s technologies. It’s like building the foundation for a solid grasp of how businesses work today. The paper is called BT Shortly and is known as the F1 paper of the ACCA curriculum.

  • Understanding the organisational structure, leadership, and management within a business.
  • Exploring the environmental factors affecting business operations.
  • Delving into accounting principles and functions in the business context.
  • Examining control processes in accounting and finance within a business.
  • Effectively managing a business, including its resources and finances.
  • Developing efficient teams and optimising business functions.

While attempting this paper, you’ll learn essential principles and the skills needed to make decisions that truly benefit your organisation. It’s all about empowering to impact through thoughtful choices positively. The paper is called MA Shortly and is known as the F2 paper of the ACCA curriculum.

  • Understanding the concept of cost and management accounting.
  • Exploring types of costs, their behaviour, and associated goals.
  • Grasping the fundamentals of business mathematics and spreadsheets.
  • Applying cost accounting techniques and conducting calculations.
  • Engaging in costing, budgeting, planning, and analysis within a business context.
  • Implementing management techniques for informed decision-making.

With this paper, you learn the basics of managing money wisely. We explore the rules and guidelines that govern how financial statements are created and presented. This knowledge is essential for anyone looking to make sound financial decisions. The paper is called FA Shortly and is known as the F3 paper of the ACCA curriculum.

  • Exploring the principles of financial accounting.
  • Utilising double-entry accounting methods.
  • Understanding the basics of financial reporting.
  • Preparing journals, ledgers, and trial balances.
  • Handling financial data and preparing financial statements.
  • Analysing income, cash flow statements, and balance sheets.

In Applied Skills, you learn more about how accounting works in business and how to understand financial information. The level has six papers. Once you finish all six subjects in Applied Skills, you can work as a finance associate and start earning. If you decide to continue your ACCA studies, the next step is the final level, Strategic Professional.

Corporate & Business Law (LW)

The Corporate and Business Law paper examines the rules businesses need to follow. This includes essential business and corporate law topics that help you make smart decisions. The paper is called LW Shortly and is known as the F4 paper of the ACCA curriculum.

  • Examining the comprehensive framework of the legal system
  • Exploring laws about business, companies, and financial affairs.
  • Understanding the establishment and structure of business organisations.
  • Addressing capital, business finance, and the regulation of companies.
  • Analysing the application of Company Law acts within the business context.
  • Examining the application of Business Law acts within the business environment.

This section, about managing and evaluating performance, provides candidates with the tools to enhance organisations’ performance and make better strategic decisions. The paper is called PM Shortly and is known as the F5 paper of the ACCA curriculum.

  • Understanding cost accounting principles and various methods.
  • Applying financial data for decision-making, business forecasting, and planning.
  • Utilising business mathematics and statistics for analysis.
  • Implementing standard costing, variance analysis, and other statistical tools.
  • Conducting performance evaluation and management in a business setting.
  • Integrating quantitative and qualitative data for assessing business performance.

In the Taxation paper, we learn the basics of taxes, gaining a solid understanding of how tax systems work. This paper prepares students to deal with the intricacies of business taxes. The paper is called TX Shortly and is known as the F6 paper of the ACCA curriculum.

  • Understanding the concepts of taxation and exploring tax systems worldwide.
  • Examining taxes on capital, profits, income, and business.
  • Performing computations for both personal and business taxes.
  • Understanding the structure and functioning of corporation tax.
  • Analysing income tax, capital gains tax, and value-added tax.
  • Using the tax framework of the UK as a reference for other countries.

This paper delves into advanced financial reporting principles to ensure candidates can efficiently prepare and analyse financial statements according to international standards. The paper is called FR Shortly and is known as the F7 paper of the ACCA curriculum.

  • Creating financial statements for a business.
  • Examining and interpreting financial statements.
  • Utilising ratio analysis and other analytical tools.
  • Adhering to regulatory requirements for financial reporting.
  • Conducting financial reporting based on prepared statements.
  • Communicating financial information to various stakeholders of the business.

This paper helps you learn how to make smart financial decisions and effectively handle money matters. We explore advanced topics in financial management to equip you with the knowledge and skills needed for efficient financial resource management. The paper is called FM Shortly and is known as the F8 paper of the ACCA curriculum.

  • Understanding the concepts of financial management.
  • Assessing the valuation of businesses and associated parameters.
  • Effectively managing the finances and capital of a company.
  • Skilfully handling the working capital of a business.
  • Conducting financial risk analysis for businesses.
  • Exploring the economic life cycle of a business.

This section delves into assurance services and audit procedures, helping candidates assess financial information more carefully and enhance its trustworthiness. The paper is called AA Shortly and is known as the F9 paper of the ACCA curriculum.

  • Exploring the principles of auditing and the processes involved in conducting an audit.
  • Examining regulations related to auditing.
  • Identifying areas for auditing and establishing parameters for the audit.
  • Managing business risk and identifying risks through the audit process.
  • Implementing quality assurance processes for a business.
  • Performing audits and preparing audit reports.

When you study Strategic Professional, you’ll pick up advanced techniques, skills, and the ethical standards needed for senior-level roles in accounting or consulting. In the last level of ACCA qualification, there are four subjects to cover. Two of these are mandatory, meaning everyone must study them. The other two are your choice, and four different options are available. For the elective papers, you need to select two out of the four options for your exams. 

Strategic Business Leader (SBL)

This paper focuses on building strategic and leadership skills in real business situations. The main goal is to develop the ability to make ethical decisions, especially in challenging situations. The paper is called SBL Shortly and is known as the P1 & P3 papers of the ACCA curriculum.

  • Optimising the management of an organisation for enhanced efficiency.
  • Understanding the roles and functions of governance within the realm of management.
  • Establishing an ethical framework to guide professional values and decision-making.
  • Integrating business strategies with corporate governance principles.
  • Formulating internal control policies and implementing audit procedures for development.

This paper covers advanced reporting standards and gives candidates the tools to properly analyse and convey financial data, assuring accountability and openness in corporate reporting. The paper is called SBR Shortly and is known as the P2 paper of the ACCA curriculum.

  • Establishing a framework for financial reporting within a business context.
  • Examining the intersection of corporate governance and financial reporting.
  • Assessing potential financial reporting issues and their consequences.
  • Analysing the impact of changes in accounting regulations on financial reporting.
  • Keeping abreast of current accounting and audit developments and their implications for businesses.
  • Utilising case studies to navigate complex business reporting environments.

This part gets you ready for challenging money situations. We investigate advanced ways to manage finances, including handling risks, making smart investment choices, and planning financial strategies.  The paper is called AFM Shortly and is known as the P4 paper of the ACCA curriculum.

  • Exploring business investments and the financial industry’s structure.
  • Familiarising with investment banking, acquisitions, and mergers.
  • Understanding financial and regulatory approaches to restructuring companies.
  • Engaging in fund management, treasury functions, and advanced risk management.
  • Examining the intersection of business finance, the economic environment, and global trade.
  • Exploring emerging concepts in finance and financial management.

The paper concentrates on strategic performance management, equipping candidates with the tools to develop and implement performance management plans that align with organisational goals. The paper is called APM Shortly and is known as the P5 paper of the ACCA curriculum.

  • Implementing strategic planning and control models to navigate the effects of risk and uncertainty.
  • Assessing and appraising the design elements inherent in performance management systems.
  • Optimising strategic performance measurement methodologies.
  • Examining external factors and economic conditions to conduct a comprehensive analysis.
  • Exploring real-world case studies showcasing effective business performance management strategies.

By learning the subject, you’ll gain a thorough understanding of both local and international taxes. The subject covers advanced tax principles, preparing you to navigate complex tax situations effectively. The paper is called ATX Shortly and is known as the P6 paper of the ACCA curriculum.

  • Understanding the UK taxation system and tracing the origins of other tax systems.
  • Examining various facets of the contemporary tax system.
  • Analysing the effects of taxes and the interplay between different tax types, focusing on business taxes.
  • Developing strategies for tax planning in the context of business operations.
  • Exploring the International Taxation framework, including Customs and other duties.
  • Illustrating complex tax planning systems through case studies.

The paper focuses on advanced methods for checking and ensuring things are in order. We emphasise understanding risks, behaving ethically, and the auditor’s role in making sure organisations are responsible and accountable. The paper is called AAA Shortly and is known as the P7 paper of the ACCA curriculum.

  • Exploring sophisticated concepts in auditing within the regulatory framework.
  • Conducting audits of intricate financial statements.
  • Generating elaborate and thorough audit reports for business entities.
  • Utilising analytical tools and techniques for interpreting audit reports effectively.
  • Engaging in assurance reporting for various assurance engagements.
  • Examining real-world case studies depicting audit and assurance reporting in complex business scenarios.

In addition to finishing the three ACCA levels, you’ll need to take a short online ethics course provided by ACCA. The ACCA Ethics and Professional Skills module is an online self-learning course that takes about 15 hours to finish. It’s a necessary part of the ACCA Qualification. The Ethics module aims to boost your chances of getting a job and being effective at work. You learn through practical business simulations, focusing on skills like leadership, professional ethics, business communication, and being aware of how businesses operate.

To become an ACCA member, you must gain 36 months of relevant experience, as mandated by the ACCA Practical Experience Requirements. If you lack suitable accounting or finance experience, you can fulfil this requirement through a 36-month internship. The internship should align with the nine performance goals outlined by ACCA for Practical Experience Requirements. These crucial skills are connected to the 13 papers of ACCA.

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Why Students choose
IIC Lakshya for ACCA?

300+ Global and National Ranks

ACCA Approved Platinum Learning Partner

500+ Qualified Faculties

ACCA Approved Comprehensive Study Material

Customised learning with Offline, Online, or Hybrid Classes

Personal Mentorship Support

Tailored Interview Preparation Support

Global Networking Opportunities

Trusted By 125,000+ Alumni Since 2011

Experience The ACCA Advantage

Work Anywhere in the World

By choosing ACCA, you will get early access to an International Career; ACCA-qualified professionals can start their careers in reputed global companies in more than 180+ countries.

Earn 8-12 LPA in Just 2-3 Years

Unlock doors to senior roles in prestigious global firms with enhanced salary packages as an ACCA-qualified professional. Attainable by completing the comprehensive course in just 2-3 years, paving the way to a rewarding career journey.

Learn Anywhere at any Time

ACCA offers flexible study options, allowing you to balance work and study. Plan your schedule with options like online, offline classes, and hybrid modes, as they ensure convenience and accommodate your preferences.

Career Options After ACCA

Chief Financial Officer

Financial Analyst

Internal Auditor

Management Accountant

Tax Consultant

Forensic Accountant

Financial Controller

Risk Manager

Business Consultant

Investment Analyst

Financial Advisor

Finance Manager

Our Esteemed Faculties

Our highly qualified and experienced faculty members are dedicated to guiding you at every step of your ACCA journey with expert insights and personalized mentorship.

Our Hiring Partners

From
IIC Lakshya Classrooms to Corporate Desks

From Big 4s to leading corporates, our alumni are building impactful careers across the finance world.

Did You Know?

The average salary of an ACCA professional is ₹12 LPA,
with top professionals earning over ₹20 LPA!

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Begin your ACCA  path with IIC Lakshya by following these easy steps. Our team will guide you throughout the process to make your enrollment smooth and stress-free.

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Got Questions?
We’ve Got Answers!

What is the ACCA Program?
The ACCA program, or the Association of Chartered Certified Accountants program, is a globally recognised qualification designed to equip individuals with the skills and knowledge needed for a successful career in finance and accounting.

How many papers are there in the ACCA Curriculum?
There are 13 papers in the ACCA curriculum divided into three levels:
  • Knowledge Level: 3 papers
  • Skill Level: 6 papers
  • Professional Level: 4 papers

How long will it take for a student to pass ACCA?
ACCA is a flexible course for which any student can qualify in two to three years.

Can I learn ACCA along with my graduation?
ACCA can be learned along with graduation or post-graduation. At IIC Lakshya, we offer integrated programs to help you combine your studies efficiently.

What are the eligibility criteria for learning ACCA?
A student who has passed +2 in English and Accounts/Mathematics with 65% marks each and a minimum aggregate of 50% marks overall can choose to learn ACCA.

How many exam windows are there for ACCA?
The knowledge level is an on-demand exam. For other levels, there are four exam windows annually: March, June, September, and December.

What is the pass mark for ACCA?
A candidate should score at least 50% in each paper to qualify for respective levels in the ACCA curriculum.

Can I choose to learn ACCA while working?
ACCA is a flexible course that can be pursued even through part-time learning options. So, you are free to learn ACCA while studying another course or even while working through online mode.

Do ACCA Professionals have demand in India?
Yes, the demand for ACCA professionals is growing in India. The Association of Chartered Certified Accountants (ACCA) qualification is recognised globally and is increasingly valued by Indian employers, especially in finance, accounting, and consulting.

How can I prepare for ACCA exams effectively?
You can prepare for ACCA exams effectively by planning a proper study schedule and executing your plans without fail through hard work and determination. But to efficiently manage your learning, you need the support of a mentor or a guide who can lead you through the right track.
How can I apply for ACCA Admissions?
To start your ACCA Journey, you must first register with the ACCA body, and once your registration is complete, you can begin to attempt the first level of exams. At IIC Lakshya, we have an admission team to overview your registration procedures and help you throughout your ACCA journey, from registering with ACCA until you get your ACCA Membership.

What are the eligibility criteria to join the ACCA course?
Any student who has completed 12th Grade is eligible to apply for the ACCA course. Applicants should have a minimum of 65% marks in both English and Accounts/Mathematics and an overall score of 50% to join ACCA. Additionally, individuals with advanced qualifications, including graduates, B. Com, BBA, M. Com, and MBA, can also enrol in ACCA. Furthermore, those with higher qualifications may receive exemptions from specific exams, acknowledging their educational achievements.

Are there any exemptions available for ACCA exams based on prior qualifications?
ACCA recognises the education you’ve already conquered, making your journey smoother. If you’ve gone beyond the 10+2 level, you could be in for some exemptions in specific ACCA papers. The magic number depends on the depth of your qualifications and the subjects you’ve delved into during your undergrad or postgrad days. For individuals with qualifications such as B. Com, BBA, M. Com, and MBA, exemptions are available for up to 5 specific papers. Those who have cleared the India CA IPCC can expect exemptions for six or more papers, while qualified CAs from India can enjoy exemptions for as many as nine specific papers.

What is the admission fee for ACCA?
The candidate pursuing ACCA has to register with ACCA, the institution providing the certification initially. To complete the registration, you have to pay the registration charges to ACCA, which are different for each region/country. You can find the registration fee for your region in the following link: https://www.accaglobal.com/gb/en/qualifications/accountancy-career/fees/fees-charges.html

Is there a minimum age requirement to enrol in the ACCA programme?
There are no age restrictions to enrol for ACCA. Those who fit the conditions for admittance are welcome to apply, regardless of age. If you are under 16 (or under 18 and live in Kenya, Malaysia, or the Philippines), you must upload a signed parental consent form.
What are the exemptions in ACCA?
Exemptions in ACCA are like recognising your hard work and achievements in your earlier studies. Suppose you’ve completed specific qualifications, like B. Com, BBA, M. Com, MBA, or a certified CA from India; in that case, ACCA gives you a nod of approval by exempting you from specific papers. It’s like a shortcut on your journey to becoming an ACCA pro – no need to sweat over thorough exams, saving you time and effort. The number of exemptions depends on what you’ve studied before and how well you’ve covered the subjects.

Who will get up to six paper exemptions for ACCA?
A student who has completed graduation and CA Inter is sure about getting an exemption for six papers in ACCA.

Can I get exemptions for all ACCA Papers?
You can only expect to get some papers exempted from the ACCA curriculum. The paper exemptions start from 3, and one can get up to 9 exemptions based on their qualifications before attempting the ACCA exams.

How many paper exemptions does a CA Qualified student get for ACCA?
A qualified Chartered Accountant will get nine papers exempted from the ACCA curriculum.
How do ACCA Professionals get placements in the Big 4s?
The ACCA qualification is renowned worldwide, and its diverse skill set perfectly fits the requirements of top-tier firms, including the prestigious Big 4. Building connections is critical to securing a position in these sought-after companies. At IIC Lakshya, you’ll have unique opportunities to engage with industry experts, fostering valuable relationships that can shape your career.

Which are the highest-paying recruiters?
Top-notch companies actively seeking ACCA candidates comprise well-known names such as EY, PWC, KPMG, Deloitte, UBS, Morgan Stanley, J.P. Morgan, Genpact, Citibank, BNP, Bank of America, Goldman Sachs, Royal Bank of Scotland, Amazon, Capgemini, Accenture, and numerous others. This diverse array of employers highlights the broad and widespread acknowledgement of ACCA qualifications across different industries.

What is an Interview Preparation Guidance?
At IIC Lakshya, we’ve got something special for you – our Interview Preparation Support. It’s all about giving you the personalised coaching you need to shine in interviews and feel confident. We tailor our approach to fit you perfectly by providing expert guidance on how to talk effectively in an interview, approach the questions, use the correct body language, and handle tricky interview questions.

What do you mean by placement assistance?
At IIC Lakshya, our dedication to student success is unwavering. Upon finishing ACCA Knowledge and Skill level exams, our ACCA learners benefit from exposure to numerous opportunities.  Progressing to the ACCA Professional level opens opportunities for internship placement, providing valuable practical experience with leading companies. We support our students through placement drives, boot camps, and various initiatives to ensure they are well-prepared for these opportunities.

 

What makes IIC Lakshya a good choice for ACCA learning?
IIC Lakshya stands out for its dedicated faculty, personalised learning approach, and a track record of success in guiding ACCA aspirants.

Can I choose my study schedule at IIC Lakshya for ACCA courses?
IIC Lakshya offers flexible study schedules, allowing you to tailor your learning experience to fit your needs through offline, online and hybrid learning modes.

Are there any prerequisites for enrolling in ACCA courses at IIC Lakshya?
There are no strict prerequisites, but the minimum eligibility requirements instructed by ACCA must be fulfilled. IIC Lakshya provides support for students of all levels.

How are classes conducted at IIC Lakshya for ACCA?
Classes are conducted both in-person and online, providing a versatile learning environment. The choice is yours.

What kind of support does IIC Lakshya offer for ACCA exam preparations?
IIC Lakshya provides comprehensive support, including study materials, mock exams, and personalised guidance from experienced tutors.

Is there a community or network for ACCA students at IIC Lakshya?
IIC Lakshya fosters a supportive community, allowing students to connect, share experiences, and collaborate.

Can I join IIC Lakshya mid-year for ACCA courses?
Yes, enrollment is open throughout the year. You can join IIC Lakshya at any time to commence your ACCA journey.

How does IIC Lakshya keep its ACCA curriculum updated?
IIC Lakshya regularly reviews and updates its ACCA curriculum to align with industry trends and ensure relevance.

Are there any scholarships or financial aid options for ACCA students at IIC Lakshya?
IIC Lakshya offers various scholarships and financial aid options. Contact the admissions team for details based on your eligibility.

How long does it typically take to complete ACCA at IIC Lakshya?
The duration varies, but on average, students complete ACCA at IIC Lakshya in 2 to 3 years. Your pace of study plays a key role.

Can I work while pursuing ACCA at IIC Lakshya?
Yes, many students manage to work while studying at IIC Lakshya. The flexible schedule and learning mode allow for a balanced approach.

Is there a mentorship program for ACCA students at IIC Lakshya?
Yes, IIC Lakshya offers a mentorship program connecting students with experienced professionals.

Can I access study materials online for ACCA courses at IIC Lakshya?
IIC Lakshya offers hard copy and soft copy study materials, ensuring quick and easy access for students to study anytime, anywhere, at their convenience.

Are there opportunities for practical experience during ACCA at IIC Lakshya?
Yes, IIC Lakshya assists in collaborating with industry partners to provide practical exposure, thus enhancing the student’s learning experience.

What sets IIC Lakshya apart from other institutions offering ACCA courses?
IIC Lakshya stands out due to its comprehensive approach to learning, which places students at the centre. Industry expert faculties, experienced mentors, and a commitment to providing quality learning experiences make Lakshya the prime choice of ACCA aspirants.

What kind of career guidance is provided to ACCA students at IIC Lakshya?
At IIC Lakshya, there is an expert team of ACCA specialists to offer career guidance workshops, seminars on the current industry trends and opportunities, and other networking opportunities, which include interaction with the finance leaders and mainstream commerce master’s which support the career aspirations of candidates.

What kind of placement assistance is provided at IIC Lakshya?
At IIC Lakshya, an excellent placement cell assists ACCA part-qualified students and affiliates with job placements, helping them connect with relevant industry opportunities.

What is the fee structure for ACCA coaching at IIC Lakshya?
The coaching fees at IIC Lakshya for ACCA vary depending on your choice of level or mode of learning. Checking with the admission officer for the most accurate and up-to-date information is recommended.

Can I pay the ACCA coaching fees in instalments at IIC Lakshya?
Yes, of course, IIC Lakshya understands the financial commitments of students and provides flexible payment options, including EMI schemes. Feel free to inquire about the available instalment plans.

How do I apply for a scholarship at IIC Lakshya for ACCA coaching?
To apply for a scholarship, you must visit our website, submit your application, and attempt our scholarship exams. Check with the admission officer for specific scholarship application procedures.

Is there any discount for early enrollment in ACCA coaching programs at IIC Lakshya?
IIC Lakshya offers scholarships for students who enrol early in ACCA coaching programs.

What factors determine the coaching fees for ACCA at IIC Lakshya?
The coaching fees at IIC LAKSHYA may be influenced by factors such as the duration of the program, mode of learning, study materials provided, and additional support services. For detailed information, contact the institute directly.

Can I pursue ACCA along with a B. Com degree at IIC Lakshya?
You can go for Integrated courses offered at IIC Lakshya or choose to learn ACCA and a B. Com simultaneously at IIC Lakshya. They offer the flexibility to pursue a degree along with ACCA, allowing you to integrate both qualifications seamlessly through Lakshya’s online or hybrid classes.

Can I switch between online and offline classes during my ACCA program at IIC Lakshya?
Yes, IIC Lakshya offers flexibility that allows students to switch between online and offline classes under essential circumstances; if you connect with IIC Lakshya’s student relations team, they will help you change your learning mode.

What are some typical techniques for acing exams?
The most important thing you need through your ACCA journey is a confident mind ready to do practical, hard work. Then, through a comprehensive and well-planned learning schedule, expert guidance from experienced faculty members and updated study materials will help you streamline your learning.

What extra help is offered to students who need help with a particular subject at IIC Lakshya?
IIC Lakshya has an efficient expert team to help students overcome obstacles in their ACCA journey. IIC Lakshya offers extra support through supplementary classes, mentorship support, and daily doubt-clearing sessions that will help students crack ACCA on their first attempt.

Can I take mock exams at IIC Lakshya to prepare for the ACCA exams?
IIC Lakshya conducts regular mock exams to prepare candidates to face the ACCA exams confidently. It will also help students assess their positives and negatives and work on areas for improvement.

Does IIC Lakshya offer individual performance evaluations and comments following mock exams?
Yes, IIC Lakshya’s faculties and Mentors provide students with on-time reports of performance evaluations to assist them in pinpointing their areas of strength and improvement.

Where are Lakshya’s coaching centres located?
The IIC Lakshya coaching centres are positioned to be easily accessible from anywhere in the world. IIC Lakshya has centres in the United Arab Emirates (Dubai), numerous other places in India, and six offline campuses in Kerala. You can also look into our online and hybrid classes, allowing you to learn with No 1 commerce institute from anywhere in the world.

Our Campuses

Bengaluru, Karnataka

Krishna Nagar Industrial Area, 34, 1st Cross Road, Christ Ln, behind Hosur Main Road, S.G. Palya, Bengaluru, Karnataka 560029

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4th Floor, Cheran Plaza, 1090, Trichy Rd, Mamarath Thottom Ganapathy, Race Course, Coimbatore, Tamil Nadu 641018

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