(Association of Certified Chartered Accountants)
ACCA stands for “Association of Chartered Certified Accountants”. It was founded in 1904 in England. The ACCA qualification is highly regarded accountancy qualification.
ACCA has 14 papers in total. It has Fundamental level (knowledge and skill) and professional level (Essential and optional paper). The first three papers (knowledge papers) can be taken as CBE (computer based exam) or as manual paper. while the rest 11 papers are taken as manual paper (paper based exam, PBE). The passing marks for each paper is 50%. There are two manual exams per year, in June and in December. After passing all the papers of ACCA, three years of relevant practical experience is required.