Is it common to fail ACCA exams?

Failing is really common. In fact, it’s more common than a pass, if you look at the pass rates. Some students keep failing ACCA exams, over and over again. Unfortunately, if you fail once, you’re likely to fail twice when it comes to the ACCA.

How do I reactivate my ACCA account?

Please contact your local office or ACCA Connect to request the relevant reinstatement form. You can find a link to ACCA Connect in ‘Related links’ section of this page. You must pay the current year’s subscription, the reinstatement fee and any unpaid sums owed at the time of removal.

Can you retake ACCA exams?

There is no restriction to the number of exams you may attempt, allowing you to choose to sit as many or as few papers as you like at each exam session. You are, however, recommended to attempt a maximum of four exams in a six-month period.

Can I suspend my ACCA account?

To my knowledge, you cannot cancel your ACCA account. Basically, there is no cancellation but instead there is removal. And if you wish to re-register you will have to pay the outstanding fees along with re-registration fee. There is no penalty, you just have to pay the outstanding amount.

When should I apply for exemptions from ACCA?

You should apply for exemptions when you first register as a student with ACCA. If you have gained additional qualifications since you first registered as a student and believe you may be eligible for further exemptions, you can apply for these at any time.

Is an MBA in finance enough to get an ACCA exemption?

Having an MBA in finance is a particularly good way to make the ACCA certification process shorter and easier. You can qualify for exemptions that allow you to skip certain papers and exams. However, regardless of your past qualifications, you must still sit for the strategic professional exams.

Which foundation papers can I skip in ACCA?

This means that you can skip all the foundation papers throughout the certification. Depending on your qualifications, you may claim up to nine exemptions in total for the ACCA. Even with an MBA, you should take the requirement of P123. You will also have two optional papers in P4-7.

Should I study for the ACCA exam right now?

If you’re not confident you could pass the exam right now, you should study for and take that the exam. If you intend to complete the BSc degree in Applied Accounting, Oxford Brookes University gives credit for exemptions awarded to ACCA students for any of the following Applied Knowledge and Applied Skills exams: