Everything You Should Know About Time Limits for ACCA Exams with Latest Changes

Find out about the most recent modifications to the ACCA time restriction regulations to ensure that your exam passes are not wasted. Make your reservation for your upcoming ACCA course in India right now.

For those who wish to pursue a lucrative career in accounting and finance management, the ACCA qualification is an ideal option.  ACCA Course in UK is in high demand and ACCA Course Duration is around 3 to 4 years, and student need to study hard consistently under the mentorship of good teachers like Mirchawala’s Hub of Accountancy is an ideal Online ACCA Institute for Students. 

An ACCA course covers a wide range of subjects, including business and corporate law, taxation, financial reporting, business accounting, and financial accounting. You will be qualified for numerous job opportunities in various industries following an ACCA exam because there is always a need for competent and educated accountants in all businesses. All ACCA Courses are beneficial as it help students to learn unique in the accounting industry. Like in the paper, ACCA P6, students learn about taxation, VAT, and tax compliance You might also own your firm and work on your own.

Changes in ACCA Exam Time Limits 

The ACCA minimum course duration is two to three years. ACCA is easing its time restriction regulations, students will no longer have ten years from the beginning of their studies to take their final test. It may only take four papers or fewer for students who have previously studied ACCA papers but have not yet advanced to full qualification to become completely qualified in the ACCA. In the past, ACCA candidates had to finish all of their exams within ten years of the date of their original registration. 

Exams completed at the Applied Knowledge and Applied Skills levels are safe and frozen under the new regulations.

Although there is a deadline for finishing the examinations at the strategic professional level. After passing the first exam, you will have seven years to pass the Strategic Professional exam. 

The ACCA Seven-Year Rule

A student has seven years to write and pass the Strategic Professional exams according to the ACCA’s seven-year guidelines. A student forfeits any strategic professional passes they have earned during those seven years if they become an affiliate within that time but fail any of the strategic professional exams. The candidate must retake the exams in this case to finish their qualification. 

For example, a student who, in December 2023, completed their Advanced Financial Management paper. They will then have seven years to finish all of the Strategic Professional exams. The advanced papers will run out after December 2030, and to receive the qualification, the student will need to retake the exam.

Frequently Asked Question 

What is the time limit for the ACCA exam?

Most students graduate in three to four years. If you would like to take more time, you have ten years to finish the certification.

How much time does ACCA take to complete?

The exams require 5300 learning hours in total, and they often take three to four years to finish. In addition, a Professional Ethics Module and 36 months of work experience are required to be finished.

What is the shortest time for ACCA?

This can also help you if you have a lot of prior expertise in the accounting and finance sectors. However, the minimum completion period is 12 to 15 months, depending only on how many exams students may write in a year.

What is the time slot for the ACCA exam?

Exams for ACCA may be offered every quarter. There are two-time slots available for every exam in India, and students can choose one of them (albeit these are first come, first served). At nine in the morning, the first sitting concludes at twelve. The second session runs from 2:00 pm to 5:00 pm.

How many attempts are allowed in ACCA?

Every year, ACCA conducts four exam cycles that span five days in March, June, September, and December. You can take as many as four examinations in a session with ACCA, and you can take as many as eight separate exams in a calendar year.

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