Acca new syllabus

The ACCA (Association of Chartered Certified Accountants) has introduced a new syllabus for its professional qualifications, which is effective from September 2020. The new syllabus is designed to reflect the changing needs of the accounting profession and to provide students with a more comprehensive and relevant education.

Here are some key changes and updates in the new ACCA syllabus:

New Qualification Structure:

The ACCA qualification is now divided into three levels:

  1. Applied Knowledge (3 papers)
  2. Applied Skills (5 papers)
  3. Strategic Professional (4 papers)

New Papers:

The new syllabus introduces three new papers:

  1. SBR (Sustainability and Business Reporting)
  2. SBL (Strategic Business Leader)
  3. SFR (Strategic Financial Reporting)

Changes to Existing Papers:

Some existing papers have been updated or replaced:

  1. F1 (Accounting in Business) has been replaced by F1 (Accounting)
  2. F2 (Management Accounting) has been replaced by F2 (Management Accounting)
  3. F3 (Financial Accounting) has been replaced by F3 (Financial Accounting)
  4. F4 (Corporate and Business Law) has been replaced by F4 (Corporate and Business Law)
  5. F5 (Performance Management) has been replaced by F5 (Performance Management)
  6. F6 (Taxation) has been replaced by F6 (Taxation)
  7. F7 (Financial Reporting) has been replaced by F7 (Financial Reporting)
  8. F8 (Audit and Assurance) has been replaced by F8 (Audit and Assurance)
  9. F9 (Financial Management) has been replaced by F9 (Financial Management)

Changes to Assessment:

The new syllabus introduces a new assessment format:

  1. Computer-based exams (CBEs) for Applied Knowledge and Applied Skills papers
  2. Written exams for Strategic Professional papers
  3. Case studies and scenario-based questions in some papers

Changes to Study Materials:

The new syllabus requires students to use new study materials, including:

  1. ACCA's new study text and workbook for each paper
  2. Online resources, such as interactive quizzes and case studies
  3. Practice questions and past exam papers

Key Dates:

The new syllabus is effective from September 2020, and students who started their studies before this date will have the option to complete their qualification under the old syllabus or switch to the new syllabus.

It's essential for students to familiarize themselves with the new syllabus and study materials to ensure they are well-prepared for their exams.