Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

ACCA -Beginner

  • 31-01-2014 9:15pm
    #1
    Registered Users Posts: 5


    Hi
    :confused: Which papers do you need to sit to complete the CAP1 exams? and then CAP2 exams? :confused:

    Formation Stage
    F1 Accountant in Business
    F2 Management Accounting
    F3 Financial Accounting
    F4 Corporate and Business Law
    F5 Performance Management
    F6 Taxation
    F7 Financial Reporting
    F8 Audit and Assurance
    F9 Financial Management

    Thanks


Comments

  • Registered Users Posts: 12 Trainee123


    You're thinking of the wrong qualification.


    ACCA (Association of Certified Chartered Accountants) is the exams you have listed above. ACCA split their exams into two levels. The F level which are fundamental papers (all those listed above) and the P level which are the professional level. The P level papers can be found here http://www.acca.ie/irishgradguide/qualification/. You complete all the F papers and on the P level you do the first 3 exams and you pick two exams from P4, P5, P6 and P7. You may also apply for exemptions for the F papers. If you've a college degree, it's worth checking here to see what exemptions you may have and which exams you then would not have to see: http://www.acca.ie/irishgradguide/exemptions/



    ACA (Association of Chartered Accountants, qualification from Chartered Accountants Ireland) is the qualification that has the CAP1 and CAP2 exams.
    The CAP 1 exams are the first set of exams that ACA do. The papers for CAP1 are Finance, Management Accounting, Financial Accounting, Law and Taxation.
    The next set are CAP 2. These paper are Taxation, Strategic Finance & Management Accounting, Financial Accounting and Audit & Assurance.
    After the CAP2 you have the final level called the FAEs, these are something you do after having some work experience. I don't know too much about what they involve.
    Finally, you will be required to sit all the exams at CAP1 and CAP2 level, unless you've exemptions from a college degree.


    To clarify, ACA (the one with the CAP1 & 2 exams) and ACCA (the exams you listed above) are TWO different qualifications that you can do.
    The ACA website: http://students.charteredaccountants.ie/
    The ACCA website: http://ireland.accaglobal.com/

    That's just a quick overview, check out the websites for more information.


  • Registered Users Posts: 5 bellini2


    Thank you very much for your help.
    Nowadays what would be the most common route to go down, acca or aca?

    Thanks


  • Registered Users Posts: 12 Trainee123


    Either or to be honest. Both offer ways you can study and pay for the exams yourself. To me in terms of a firm offering your a training contact, it's mostly ACA that is offered. However, plenty offer you a choice (my firm has, I'm going with ACCA) It's whichever you would prefer to do.


  • Registered Users Posts: 5 bellini2


    Thanks, much appreciated :)


  • Registered Users Posts: 333 ✭✭Prettyblack


    Trainee123 wrote: »
    Either or to be honest. Both offer ways you can study and pay for the exams yourself. To me in terms of a firm offering your a training contact, it's mostly ACA that is offered. However, plenty offer you a choice (my firm has, I'm going with ACCA) It's whichever you would prefer to do.

    Can I ask why you went with ACCA? Any particular reason?


  • Advertisement
Advertisement