ACCA Fees Structure 2024; The Association of Chartered Certified Accountants (ACCA) is a globally recognized professional accounting body that offers a range of accounting and finance qualifications. One of the most important aspects of pursuing an ACCA qualification is understanding the fees structure. The ACCA fees structure for 2024 is an important consideration for anyone who is planning to register for the ACCA qualification in the coming year.
The ACCA fees structure for 2024 is designed to be transparent and easy to understand. It is important to note that the fees structure is subject to change from year to year. The fees structure for 2024 includes registration fees, examination fees, exemption fees, and other charges. The registration fee is a one-time fee that is payable when you first register as a student. The examination fees are payable for each exam that you take, while the exemption fees are payable if you are eligible for exemptions from certain exams. Other charges may include late payment fees, reinstatement fees, and rescheduling fees.
Key Takeaways
- The ACCA fees structure for 2024 includes registration fees, examination fees, exemption fees, and other charges.
- The fees structure is subject to change from year to year.
- It is important to understand the fees structure before registering for the ACCA qualification.
Overview of ACCA Fees Structure 2024
ACCA (Association of Chartered Certified Accountants) is a globally recognized accounting qualification that is highly sought after by employers. The ACCA qualification is designed to equip students with the skills and knowledge required to succeed in the accounting profession.
As with any professional qualification, there are costs associated with studying for the ACCA qualification. The ACCA fees structure for 2024 is designed to be transparent and affordable, while still maintaining the high standards of the qualification.
The ACCA fees structure for 2024 includes registration fees, exam fees, exemption fees, and reinstatement fees. The registration fee for ACCA students is £79, which is payable annually. The exam fees vary depending on the exam format and the date of registration. For example, the exam fee for March 2024 standard entry is £142, while the exam fee for March 2024 late entry (Remote) is £142.
Exemption fees are payable by students who have previously studied accounting and wish to claim exemptions from certain ACCA exams. The exemption fee varies depending on the number of exemptions claimed. Reinstatement fees are payable by students who have allowed their ACCA membership to lapse and wish to reinstate their membership.
It is worth noting that the ACCA fees structure for 2024 may vary depending on the country in which the student is studying. Students are advised to check the ACCA website for the most up-to-date fees information.
Overall, the ACCA fees structure for 2024 is designed to be affordable and transparent, while still maintaining the high standards of the qualification. Students who are interested in studying for the ACCA qualification should carefully consider the costs associated with the qualification and plan their finances accordingly.
Registration Fees
ACCA has a transparent and comprehensive fee structure for 2024. The registration fees for ACCA consist of two parts – initial registration and annual subscription.
Initial Registration
To become a student of ACCA, an individual must pay an initial registration fee. The initial registration fee for 2024 is £79. The registration fee is a one-time payment and is non-refundable. Once the registration fee is paid, the individual becomes eligible to appear for the ACCA exams.
Annual Subscription
After paying the initial registration fee, an individual is required to pay an annual subscription fee to continue their studies and maintain their student status. The annual subscription fee for 2024 is £116. The fee is payable by all students, irrespective of whether they are taking exams or not. The annual subscription fee is due on January 1st every year.
ACCA offers various payment methods for the annual subscription fee, including online payments via myACCA account, bank transfer, and credit/debit card. It is important to note that the annual subscription fee is subject to change, and students are advised to check the list of fees and charges on the ACCA Global website for the latest information.
In conclusion, ACCA’s registration fees for 2024 are transparent and comprehensive. The initial registration fee is a one-time payment of £79, while the annual subscription fee is £116. Students are advised to pay the annual subscription fee on time to avoid any late payment charges and to ensure that they can continue their studies with ACCA.
Examination Fees
ACCA has a transparent and fair fee structure for its examination fees. The fees are divided into four categories: Applied Knowledge Exams, Applied Skills Exams, Strategic Professional Exams, and On-Demand CBE Fees.
Applied Knowledge Exams
The Applied Knowledge Exams are the first step in the ACCA qualification. The fees for Applied Knowledge Exams are £89 per exam.
Applied Skills Exams
After completing the Applied Knowledge Exams, the next step is to take the Applied Skills Exams. The fees for Applied Skills Exams are £111 per exam.
Strategic Professional Exams
The Strategic Professional Exams are the final step in the ACCA qualification. The fees for Strategic Professional Exams are £137 per exam.
On-Demand CBE Fees
The On-Demand CBE Fees are for the computer-based exams that can be taken at any time throughout the year. The fees for On-Demand CBEs vary depending on the exam. The fees range from £85 to £105 per exam.
ACCA also offers different payment options to make it easier for students to pay their fees. Students can pay their fees online via their myACCA account. ACCA also offers a cooling-off period for students who change their minds within 14 days of registering for an exam.
Overall, the ACCA fee structure is transparent, fair, and designed to make it easier for students to pay their fees.
Exemption Fees
ACCA offers exemptions to students who have already completed relevant qualifications. The exemption fees for 2024 are as follows:
Applied Knowledge Exemptions
Students who have completed relevant qualifications may be eligible for exemptions from the Applied Knowledge exams. The exemption fees for the Applied Knowledge exams are as follows:
| Exemption | Fee |
|---|---|
| Knowledge Module | £76 |
| Knowledge Module and Skills Module | £152 |
| Knowledge Module, Skills Module and Professional Module | £228 |
Applied Skills Exemptions
Students who have completed relevant qualifications may be eligible for exemptions from the Applied Skills exams. The exemption fees for the Applied Skills exams are as follows:
| Exemption | Fee |
|---|---|
| Skills Module | £76 |
| Skills Module and Professional Module | £152 |
It is important to note that exemption fees are in addition to the annual subscription fee and other fees that may be applicable. Students must also ensure that they meet the eligibility criteria for exemptions before applying.
Overall, the exemption fees for ACCA exams are designed to provide students with a cost-effective way of obtaining their qualification. By recognizing prior learning, students are able to focus on the areas of the qualification that are most relevant to their career goals.
Other Charges
ACCA’s fee structure includes several other charges in addition to registration, exam, and subscription fees. These charges may apply to students who require special services or miss important deadlines. Here are some of the other charges that students should be aware of:
Late Entry Fees
Late entry fees are charged to students who register for exams after the standard registration deadline. The late entry fee is usually higher than the standard registration fee and varies depending on the exam level. Late entry fees are designed to encourage students to register for exams in a timely manner and avoid last-minute cramming.
Amendment Fees
Amendment fees are charged to students who make changes to their exam registration after the standard registration deadline. The amendment fee is usually lower than the late entry fee and varies depending on the type of change made. Amendment fees are designed to cover the administrative costs associated with processing changes to exam registrations.
Administrative Fees
Administrative fees are charged to students who require special services such as a letter of recommendation, a transcript, or a replacement certificate. The administrative fee is usually a fixed amount and varies depending on the type of service requested. Administrative fees are designed to cover the administrative costs associated with providing special services to students.
It is important for students to be aware of these other charges and plan accordingly to avoid unnecessary expenses. Students should also be aware of the deadlines associated with these charges to avoid missing important deadlines and incurring additional fees.
Frequently Asked Questions
What is the total cost for completing the ACCA qualification in 2024?
The total cost for completing the ACCA qualification in 2024 depends on several factors such as the number of exams taken, exemptions, and other fees. According to ACCA Global, the total cost for completing the ACCA qualification in 2024 can range from £2,300 to £4,800.
How are the fees structured for each ACCA Knowledge level exam?
The fees for each ACCA Knowledge level exam are structured differently. The fees for the ACCA Knowledge level exams can be found on the ACCA Global website. The fees vary depending on the exam format, registration period, and location.
Can you provide a breakdown of the exemption fees for ACCA in 2024?
The exemption fees for ACCA in 2024 depend on the number of exemptions a student is eligible for. According to ACCA Global, the exemption fees for ACCA in 2024 range from £30 to £165 per exam paper.
What are the registration fees for new ACCA students in 2024?
The registration fee for new ACCA students in 2024 is £79. This fee is a one-time payment and is required for all new students who wish to register with ACCA.
How much does each ACCA exam paper cost for the 2024 sessions?
The cost of each ACCA exam paper for the 2024 sessions depends on the exam format, registration period, and location. According to ACCA Global, the cost of each ACCA exam paper for the 2024 sessions ranges from £79 to £142.
What is the estimated duration and associated fees for the entire ACCA course?
The estimated duration for the entire ACCA course depends on the student’s pace of study. On average, it takes around 3 to 4 years to complete the ACCA qualification. The associated fees for the entire ACCA course can range from £2,300 to £4,800.
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