Programme Brief

The Association of Chartered Certified Accountants (ACCA) offers a professional qualification, which has been recognised and respected across the world for over 100 years. ACCA is currently the largest British accountancy body with over 180,000 members and 480,000 students in 181 countries

FIA/ACCA Study School 2017


  • two and a half years
  • Champs Fleurs

There is only one route to enter the ACCA Qualification Programme which is the mainstream route for students who have met the ACCA’s minimum educational entry requirements.You must possess one of the following qualifications:

  • At least 2 GCE A Levels plus 3 GCE/CXC subjects (including Mathematics and English); or
  • 6 CAPE Units: (Grades 1 – 4 only); or
  • Completed the ABE Diploma (Level 4); or
  • Completed up to the Intermediate Level of the Association of Accounting Technicians (AAT); or
  • Completed the Diploma in Accounting and Business on the Foundations In Accountancy (FIA) Programme. Diploma students are exempted from the Knowledge Exams within the Fundamentals Level of the ACCA Professional Qualification; or
  • Completed the Certified Accounting Technician Programme (CAT). CAT graduates are exempted from the Knowledge level within the fundamental level of the ACCA Qualification.  

There is no longer a Mature Student Entry Route (MSER) to the ACCA Qualification. Mature students must now register on the Foundations in Accountancy (FIA) programme and can, if they wish, start at the Diploma Level which is equivalent to the Knowledge Exams within the Fundamentals Exams of the ACCA Qualification. However, SBCS strongly recommends that these students start the FIA programme from the Introductory Certificate and progress to the Intermediate Certificate in order to lay a solid foundation for the Diploma level after which they can transfer to the Skills Exams within the Fundamentals Level of the ACCA Qualification with exemption from Knowledge Levels.

 
ACCA’s local office is located at:
100a Eastern Main Road,
Ground Floor,
Champ Fleurs
tel: 662-4777
email: info@wi.accaglobal.com
 
ACCA (UK)
ACCA Connect, located at ACCA’s Glasgow office in the UK, now provides a personal response to enquiries six days a week, Sunday to Friday. It also acts as the first point of contact for most people calling ACCA:
ACCA Connect
2 Central Quay
89 Hydepark Street
Glasgow
United Kingdom
G3 8BW
General Enquires: info@accaglobal.com
Student Enquires: students@accaglobal.com
tel: +44 (0)141 582 2000
fax: +44 (0)141 582 2222
 
The Institute of Chartered Accountants of Trinidad and Tobago (ICATT)
ICATT
2nd Floor Professional Centre Building,
11 – 13 Fitzblackman Drive,
Wrightson Road Extension,
Port of Spain.
 
tel: 623-8000, 623-0176 or 625-1954
email: icatt@tstt.net.tt
web: http://www.icatt.org
 

SBCS’ Accountancy Training and Education Centre (ATEC) Team consists of:

  • Ms. Malini Bridglalsingh – Manager
  • Ms. Melissa Edwards – Senior Course Administrator
  • Mr. Adrian Devett – Course Administrator I
  • This team is committed to providing you, our students, with prompt and efficient support for your programme, which you as an SBCS student deserve.  We can be contacted at 663-7227 Ext: 1010 – 1013.  However, we encourage you to contact us via e-mail (atec@sbcs.edu.tt), if you are unable to contact us via phone.

Email: atec@sbcs.edu.tt for more details.

Rules of Progression

Students are expected to study each module (Knowledge, Skills, Essentials and Options) in order. ACCA continues to stipulate that students can attempt a maximum of four (4) papers at any one examination sitting. These may be from different modules ONLY as long as the modules are attempted in order. Students must pass or be exempted from all nine (9) exams in the Fundamentals Level and pass all three (3) Essentials exams and two (2) Options from four (4) in the Professional Level.   There is no need for students to sit and/or pass any of the exams together, including the three (3) Essentials exams in Professional Level. Students may vary the order they attempt exams within each module but they may not vary the order of the modules. However, ACCA strongly recommends that papers within a module are taken in order. Students may attempt exams from different modules at the same exam sitting subject to the rules above.

Registration Deadline

ACCA presently provides a facility to enter for Paper Based Exams as part of the initial online registration process. Computer Based Examinations (CBEs) are available for papers within the Knowledge Exams of the Fundamentals Level and one (1) paper of the Skills Level.

To attempt CBEs you must be a registered ACCA student with an ACCA registration number.  ACCA normally takes approximately four (4) to six (6) weeks from the date of submission of a complete registration package to process a student’s application which must be allowed for, when doing Computer Based Exams.

Registration fee of £79.00 is payable to ACCA on completion and submission of your online registration or the written registration form together with all the necessary supporting documents.

As a result of a joint scheme relationship between ACCA and the Institute of Chartered Accountants of Trinidad and Tobago (ICATT), all Trinidad & Tobago resident students are required to become student members of ICATT upon payment of a registration fee of TT$247.50 and submission of an ICATT application form.  Foreign students who wish to sit examinations in Trinidad & Tobago are also required to join and pay this Initial Registration fee to ICATT if they are also residing in Trinidad and Tobago.

Annual subscription fees are also payable to both ACCA and ICATT from the 1st January following the year of registration and every 1st January thereafter.  However, it is important to note that the first annual subscription fee will also become payable for the following year if a student initially registers between 8th November of any year and 8th May of the following year. For example if a student registers between 8th November 2016 and 8th May 2017 then the first annual subscription will become due for 2017 immediately after approval of the student’s application by ACCA. Foreign students who wish to sit examinations in Trinidad & Tobago are also required to register with and pay annual subscription fees to ICATT.

 

Duration Of Programme

While the full programme can be completed in as short a time as two and a half years, ACCA gives students a maximum of ten (10) years to complete the ACCA Qualification programme.

 
 

 

Examinations

Computer Based Examinations (CBE)

Papers within the Knowledge level and Skills level (F1, F2, F3 & F4) are offered computer based by ACCA. SBCS is a licensed CBE centre. SBCS schedules CBEs at the end of each semester, June and December of each year (one examination week) for students who have registered for the relevant courses within the semester ONLY. CBEs are also scheduled for every other Friday (except on public holidays, SBCS’ school holidays or SBCS’ examination weeks) for SBCS and non-SBCS students.

  • For CBEs held every other Friday SBCS requires a student to register for the examinations with the school at least one week prior to the exam date.
  • For the end of semester CBEs, students are required to register for the examinations at least three weeks prior to the commencement of the examination week.
  • For Papers within the Knowledge Level of the ACCA programme the cost per exam is presently TT$800.00. The Skills Level paper F4 – Corporate & Business Law cost of exam is TT$950.00.  Students must have their ACCA Registration Numbers upon registration for any CBE.

Paper Based Examinations

ACCA examinations are held in March, June, September and December over a five-day period, with multiple exams scheduled each day.  ACCA fee and exam payment deadlines can found on ACCA’s website

 

Fee Information

Procedure for making Payments to ACCA and ICATT

A student can pay either by a sterling (£) bank draft drawn on a UK Bank OR online by credit card via the ACCA web site. All sterling bank drafts must be made payable to the Association of Chartered Certified Accountants or ACCA.    Any local Fees to ICATT must also be made by TT bank draft payable to the Institute of Chartered Accountants of Trinidad and Tobago OR  though their bank account# 015006099670 at any FCB branch. ICATT operates a ‘no-cash’ policy.

 

Learning Outcomes of the ACCA Programme and Career Opportunities

The ACCA Qualification will help career progress in any organisation. It’s an established route to professional status – allowing persons to use the ‘ACCA’ letters after their name on successful completion. Globally, employers will understand and respect this qualification. ACCA qualified persons will be in demand for their finance and accounting knowledge and skills worldwide, regardless of employment sector.  ACCA qualified accountants can be found in Industry, Commerce, Professional firms, Government and Private Practice as Directors, Financial Controllers, Accountants, Internal and External Auditors and Financial Analysts/Consultants.