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Changing from ACA to ACCA

  • 28-08-2011 1:19pm
    #1
    Registered Users, Registered Users 2 Posts: 74 ✭✭


    I'm finding it quite difficult to find information on this online. I was wondering would anyone know how to become ACCA qualified. I am about to sit my FAEs on Tuesday and I haven't a hope in passing. I'm not being negative, just trying to consider my options. I've done a PDA and passed the CAP 2 exams. Would anyone know what exemptions this would give me if I decided to change to ACCA? Also how soon could I sit ACCA exams? Has anyone changed from ACA to ACCA before? Is it a tough transition? Any help appreciated. Thanks


Comments

  • Closed Accounts Posts: 5,943 ✭✭✭smcgiff


    Ciara471 wrote: »
    I'm finding it quite difficult to find information on this online. I was wondering would anyone know how to become ACCA qualified. I am about to sit my FAEs on Tuesday and I haven't a hope in passing. I'm not being negative, just trying to consider my options. I've done a PDA and passed the CAP 2 exams. Would anyone know what exemptions this would give me if I decided to change to ACCA? Also how soon could I sit ACCA exams? Has anyone changed from ACA to ACCA before? Is it a tough transition? Any help appreciated. Thanks

    Put the work in and finish with the Cai. If you want to know what exemptions you are entitled to they are very easy to find on the acca website.


  • Closed Accounts Posts: 20 Why????


    Ciara471 wrote: »
    I'm finding it quite difficult to find information on this online. I was wondering would anyone know how to become ACCA qualified. I am about to sit my FAEs on Tuesday and I haven't a hope in passing. I'm not being negative, just trying to consider my options. I've done a PDA and passed the CAP 2 exams. Would anyone know what exemptions this would give me if I decided to change to ACCA? Also how soon could I sit ACCA exams? Has anyone changed from ACA to ACCA before? Is it a tough transition? Any help appreciated. Thanks

    I have been feeling exactly the same as you. Feel like iv no chance because cant find the indicators and then the next struggle is answering them. Im coming up with points that aren't even in the solution. Iv been looking at teaching as my other alternative. I no its being negative but just preparing myself for the worst outcome cuz dont want to be devastated when i do fail. Its ****e like! To get so far! But u never no! Miracles could happen.

    At the end of the day the exams meant nout. Plenty of accountants in my town not qualified and best accountants in town. Also girl i work with is qualified and she's on the same money as her sister who works in another acc practice and hasn't an exam to her name. What a waste of time putting urself thru the exams for that like! Just about getting into the right place and them recognising ur ability! might just focus on tax exams or something if decide to stick this career out. Hope u do well! We're all in the same boat and at the end of the day they're just exams which are so unfair cuz they don't demonstrate what we're properly capable of! Not the end of the world. All this worry would make u ill!


  • Registered Users, Registered Users 2 Posts: 74 ✭✭Ciara471


    Aw what a nice motivational reply. I'm the same, looking into doing teaching after this. But it'd still be nice to have a qualification after 3 years of training for this. Hence the ACCA consideration. I know it probably comes across as negative but I just think that these exams are all about how you perform on the day. So if you go in knowing that even if you fail there are other options which means you haven't wasted your time, then you'll stop stressing and perform better and maybe even pass these exams.


  • Closed Accounts Posts: 20 Why????


    yeah i totally agree with you! I walked out of my faes last year because had a lot going on & couldn't sit them. All my friends passed and i was so disappointed i didnt at least attempt them. but sure what can u do! I left uni with a 1st class degree in accounting and got through the cap2s in the 1st sitting and now for the first time in my life i feel beat!! Def no im not gonna get them. just far to much to do & as iv got older my nerves have got the better of me & i tend to take panic attacks which let me down! i keep saying how its been such a waste doing so well up until now but i think my results until now will stand for something! at least i hope!

    My sis is a teacher & loves it. think of the holidays and it aint as boring as accounting.

    Def is luck on the day. all my friends have admitted to that! luck if what uv looked at comes up & the cases are easy enough to understand. And of course being able to stay focussed. Hate how its within our reach but can't grab it!

    Iv had a good few freak attacks the last while & all my family hate seeing me like this. they def wont allow me to do them next year. so not worth it!


  • Closed Accounts Posts: 9 tt0717


    TBH same boat here but I am sure many others sitting exams on Tuesday are feeling the same...

    From doing all the exams like leaving cert, college exams, master exams, CAP1 and CAP2 and I must say I have never been as stressed as I am now for the FAE!

    Am thinking about switching to ACCA too if I don't get this. A workmate of mine failed CAP2 last year and swtiched and he had 5 ACCA papers to do (not sure was he granted exemption because of the CAP2 or his college degree tho but he did an accounting and finance degree in college). ACCA exams are in June and December, so he did 3 in June and now only got 2 more to do in December.

    So I supposed we all have many other options if touch wood it doesnt go well on the day! Lets all stay positive, be calm on the day and try the best! Really hope it will go well on all of us!


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  • Moderators, Category Moderators, Home & Garden Moderators, Recreation & Hobbies Moderators Posts: 22,430 CMod ✭✭✭✭Pawwed Rig


    Generally with a recognised Accountancy degree you will get exemptions from F1 to F9. Not sure what extra exemptions if any you would get with the CAP2 exams. You would need to ask the ACCA but I would guess at none


  • Registered Users, Registered Users 2 Posts: 812 ✭✭✭Dellboy2007


    If you don't think you'll pass the FAE's, what makes you think you will pass the ACCA exams? I'm not going to get into a argument about which is harder but maybe you should have a look the ACCA professional papers, and also the pass rates!


  • Registered Users, Registered Users 2 Posts: 1,287 ✭✭✭SBWife


    Pawwed Rig wrote: »
    Generally with a recognised Accountancy degree you will get exemptions from F1 to F9. Not sure what extra exemptions if any you would get with the CAP2 exams. You would need to ask the ACCA but I would guess at none

    I think you're right there are no exemptions from the P level papers.


  • Registered Users, Registered Users 2 Posts: 74 ✭✭Ciara471


    If you don't think you'll pass the FAE's, what makes you think you will pass the ACCA exams? I'm not going to get into a argument about which is harder but maybe you should have a look the ACCA professional papers, and also the pass rates!

    I never said they were easier. I think the exam structure suits me better personally. I also think not having to wait a year for repeats is a huge plus. Also, if I can't pass the FAEs I'd sooner try a different route into an accounting qualification rather than just give up. At the moment it's not even decision making time, it's more getting my options sorted so that if I'm in the exam tomorrow and I panic I can just think to myself 'well I can always try ACCA, it's not a huge deal if these don't go well' and that will hopefully stop me panicing enough that I can pass the FAEs and not have to change.


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