acca level 2 equivalent

(4), Bridgetown We have proven pass rates up to 100%* across multiple subjects and were the UKs largest accountancy training provider, with over 45,000 students training with us each year. (3), Demerara-Mahaica in pursuing further accountancy qualifications Minimum Qualifications, and administrative reports. (1), Accountant You can complete this level in 12 to 18 months. Both qualifications are valuable to your future career path. (5), Accounting Assistant When looking at ACCA, a whole different level of commitment is required. Foundation Certificate in Accounting The Level 2 qualification is equivalent to the General Certificate of Secondary Education (GCSE) level of study and is perfect for those who have no experience in accountancy or finance. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. By clicking Accept All, you consent to the use of ALL the cookies. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. WebStudents are awarded an ACCA Diploma in Financial and Management Accounting (RQF Level 2) when they have successfully completed exams FA1 and MA1 (at least one of which must have been sat and passed), plus completion of Foundations in Professionalism. Combine your professional achievements with a Research and Analysis Project (RAP) to gain a Bachelor's degree from a leading UK university. You could then achieve an MSc from the University of London when you complete your Strategic Professional exams. The Professional Diploma in Accounting is equivalent to an HNC level qualification, or the first year of a university degree. Or become the financial authority for multiple industries within your role? Being a confident, inspiring and trusted professional comes with experience so to qualify as an ACCA member you must complete a minimum Foundations begins at GCSE level and progresses up to the equivalent of the first year of a bachelor's degree. This more advanced qualification is broadly matched to a HND level or the first year of a degree programme or equivalent. SCQF Level 7 is equivalent to RQF Level 4, SCQF Level 10 is equivalent to RQF Level 6 and SCQF Level 11 is equivalent to RQF Level 7. If you would like more information, you can call us on 0207 397 3002. We use some essential cookies to make this website work. Upon completion of your AAT studies, you may decide to stop studying given that you have a highly marketable accounting qualification. (3), Risk & Compliance (1), Cayman Islands (5), Auditing (1), Clarendon It is the final AAT level, teaching you more complex accounting theory, and lets you choose two specialist subjects. and Experience: At least three years working experience in Accounting. You will gain exemptions for some of the papers if your degree is related to the skills needed in accounting. (2), Trinidad and Tobago We provide course offerings across all four exam sittings for all four of our study options, WebFoundation Level ACCA Diploma in Financial and Management Accounting (RQF Level 2 equivalent to GSCE and Irish NFQ Level 4) This ACCA diploma is awarded on the completion of exams (For course details: Click here) Recording Financial Transactions (FA1) Management Information (MA1) (3), Accounts Supervisor The fundamental level is further divided into the knowledge sections (3 exams) and skill level (6 exams). (2), Temporary full-time (31), Kingston and St. Andrew Level 3 Diploma in Digital Entrepreneurship, Level 7 Diploma in Business Management classroom block teaching, International Sustainability and Corporate Social Responsibility (CSR), Managing International BusinessThrough Co-operative Strategies, Level 4 Certificate in Education and Training, Level 3 Certificate in Supporting Teaching and Learning in Schools, Year 1 of a 3 year Bachelors degree, Higher National Certificate (HNC), Year 2 of a 3 year Bachelors degree, Higher National Diploma (HND), Foundation degree. Most people complete this level within six to 12 months. Only available with AAT, ACCA, CIMA. You can complete Applied Knowledge in six to 12 months. What is an AAT qualification equivalent to? WebACCA Diploma in Financial and Management Accounting (RQF Level 2) is equivalent to GCSE level. It has a presence in over 90 countries and has more than 120,000 members. Lets have a look at each qualification in detail: The Association of Accounting Technicians (AAT) is one of the leading accounting bodies in the UK. Necessary cookies are absolutely essential for the website to function properly. You can only do Professional if you have passed the Advanced level. While ACCA is not a degree it self. In Pakistan HEC gives equivalency of Masters in Commerce degree once you become a member. It greatly improves your employability, making you more attractive to employers, managers and business owners. Gaining qualifications in this way is also time saving. Alternatively, if you have limited accounting knowledge, you may wish to start with AAT. (6), 0 - 10000 Year of completing ACCA and the OBU degree:2015. These will include financial processes, advanced bookkeeping, final accounts and ethical practices for accountants. ACCA is the most globally recognised accountancy qualification. As soon as you have completed the Applied Knowledge and Applied Skills exams, and the Ethics and Professional skills module, you may submit a Research and Analysis Project to Oxford Brookes University, which will be assessed by the University Business School staff. Registered in England and Wales. (5), Finance Manager At this level, the type of exam requires more depth of answer including analysis and evaluation. ACCA is a professional certification amd not a degree. This ends the answer to your question. However, it is widely recognized as an accepted quali Wed like to set additional cookies to understand how you use GOV.UK, remember your settings and improve government services. Dont have these exact qualifications? 179-191 Borough High Street, London SE1 1HR. Relax, and As a sixteen year old who had just completed my Ordinary Level examinations, I was looking for a flexible qualification in the field of Accountancy and Finance that I could pursue while completing my secondary education, as I always had a passion for numerical subjects. In total, it takes around five years to become ACCA qualified. This qualification, typically, takes six to 12 months to complete. Number: 1028790. That being said, the amount of studying required for AAT is less than that required by someone studying ACCA. Special projects as requested. In the final stage of ACCA, you'll be working as an assistant (qualified) supervisor or a financial analyst and you can expect to earn around 45,000. This program is to prepare candidates who wish to be awarded the ACCA Diploma in Financial and Management Accounting (RQF Level 2) to pass both the FA1 and MA1 examinations and successfully complete the Foundations in Professionalism module. Face to face learning, at a centre convenient to you. It also includes short courses which teach students bookkeeping skills. Students who enrol on theACCA coursewill study the following modules: The ACCA Knowledge Level is the Introductory Level for ACCA which is similar in academic standing to Level 4 AAT. (1), Education, Childcare & Training The BSc (Hons) in Applied Accounting is available exclusively to ACCA students and offers a cost-effective way to obtain an undergraduate degree. Study where you want, when you want, online. Students who qualify from this certification programme could work in one of the following positions: payroll administrator, finance assistant, payable clerk and accounts officer. The cookies is used to store the user consent for the cookies in the category "Necessary". The ACCA qualification leads towards full professional status and can be pursued after leaving school, given certain minimum qualifications are met or it is open access at mature entry. There is no degree that is equivalent to the ACCA qualification. That is the entire point of the qualification. The best you could get from any deg As mentioned, you can get the OBU degree when you complete the Applied Knowledge and Applied Skills exams. WebCourse Objective. This degree has been jointly designed by the University and ACCA to meet the requirements of a degree and also those of a professional qualification. All units on the RQF are awarded a credit number. The AAT qualification aims to equip students with the necessary skills and knowledge to assume the role of an accountant within any organisation. Please note, that this is just an approximate idea of the levels and not an exact equivalence. It is the final AAT level, teaching you WebACCA Level II or equivalent Categories MEDICAL, NURSING, PHARMACY, HEALTH 0 PROCURMENT, PURCHASING, INVENTORY 0 SECURITY, LAW ENFORCEMENT 0 SENIOR MANAGEMENT 0 LEGAL/LAW (1) 0 TECHNICAL, TECHNICIAN, ARCHITECT, QA/ QS 0 Show more Levels Senior Managerial 0 Senior Staff 0 Supervisory 0 Trainee 0 It can take anywhere between 12 to 18 months to complete this qualification. This means that the student will become highly proficient at those in-demand skills. It does not store any personal data. You may be in a situation where you need a basic accounting understanding to allow you to run your own business or work within an accounting role. WebACCA + Global MBA/Master in Finance and Investments Gain the focused accountancy skills of an ACCA qualification, and add the broader business and leadership expertise of a postgraduate degree. (1), Not disclosed Most people complete this level within six to 12 months. (1), Chaguanas The UKs Regulated Qualifications Framework (RQF) categorises qualifications in England based on their size, and their level of challenge or difficulty. But overall, ACCA isnt a conventional degree. The tutors go above and beyond to help you to achieve your goals.". What is the difference between online learning, distance learning and blended learning? The BSc can be completed entirely online, allowing you to work around your commitments. The students who have It can be studied from the age of 16 and is used as an introductory qualification for young school leavers but also as a key tool for those joining the profession as part of a career change in later life. It takes around one year to complete the higher level subjects, if you start from the Diploma in Financial and Management Accounting (Level 2), and there is no time limit to how long it takes you to pass. (4), Account Management The ACCA qualification trains students to become qualified accounting professionals with a broad understanding of current accounting practices, standards and tools. (1), U.S. Virgin Islands These cookies ensure basic functionalities and security features of the website, anonymously. Tertiary education in Accounting Financial Management, of the financial reports Prepare month-end and year-end audit schedules What You Will Need, of professional exams Ask for feedback on own progress and applies it going forward Qualifications. The level goes from the lowest,least challenging Entry Level, up through thelevels tothe most challenging or difficult, which is aDoctorate at Level 8. Hi Nadia I pretty much agree with the comments from the other people who have responded to your answer. If your intention is to teach accounting at (37), Jamaica Developing the next generation of business leaders in partnership with CIMA, The importance of integrated thinking for finance professionals, CIMA E3 exam tips from an experienced tutor, How to pass the ACCA Strategic Business Leader exam, Oxford Brookes BSc (Hons) in Applied Accounting, Introduction to Banking & Financial Services, Data & Technology apprenticeships timetables, Professional Accounting Taxation Technician Level 4, Accounting & Taxation Professional Level 7, Information Communications Technician Level 3, Senior Financial Services Customer Adviser Level 3, Senior Compliance Risk Specialist Level 6, https://www.osbornetraining.org/aat-qualification-faq, https://www.lsbf.org.uk/blog/online-learning/what-is-aat-and-what-their-levels-are-equivalent-to. If youd prefer the flexibility to work while you study, but not lose out on achieving a university degree, then studying ACCA with the OBU degree in mind is a great option. ACCA Diploma in Financial and Management Accounting (RQF Level 2) 2. (9), St. Catherine Award winning, flexible, online study option so you can study when it suits you best. (13), Contract You can start studying ACCA direct from school, given you have the appropriate qualifications. (2), Grenada Many people think that being an accountant is just number crunching. WebFoundation examinations (for those who dont have the relevant qualifications to start the ACCA Professional Examinations) comprise: - ACCA Diploma in Financial and Management Accounting (RQF Level 2) Management Information and Recording Financial Transactions.

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