ICAP and ACCA being the two most prestigious accounting bodies share similar traits and therefore ACCA allows exemptions/relaxation in its examination scheme to ICAP students/affiliates/members. Following read will help you determine your exemptions.
Exemptions available to ICAP students/affiliates/members are determined in two steps:
Step 1: Determine the year of study. ACCA has classified the years of study as follows:
- Graduates from 01-JAN-2007 to 31-DEC-2013
- Graduates from 01-JAN-2003 to 31-DEC-2006
- Graduates from 01-OCT-2001 to 31-DEC-2002
- Graduates from 01-JAN-1996 to 30-SEP-2001
- Graduates from 01-JAN-1987 to 31-DEC-1995
- Graduates to 31-DEC-1986
Step 2: After the year of study has been determined, determine the qualification level:
- Full qualification – ICAP qualified
- Part qualification – ICAP Part qualified
- Foundation passed
- Intermediate passed
- Specific papers passed
To know the exemptions available to you please scroll down to the relevant term in which you have studied.
Graduates to 31-Dec-1986
These candidates are eligible to take admission in ACCA qualification however, no exemptions are available to part of fully qualified ICAP candidates.
Graduates from 01-Jan-1987 to 31-Dec-1995
Full qualification: ACCA papers up to ACCA F4 (4 papers in total) are exempted)
Part qualification: No exemptions are available even on paper to paper basis
Graduates from 01-JAN-1996 to 30-SEP-2001
Full qualification: ACCA papers up to F9 (9 papers in total) are exempted)
Part qualification:
Foundation examination: ACCA papers up to F4 (4 papers in total) are exempted
Other cases: including Full time foundation course and Basic accounting course are not eligible for any exemptions under ACCA qualification
Graduates from 01-OCT-2001 to 31-DEC-2002
Full qualification: ACCA papers up to F9 (9 papers in total) are exempted)
Part qualification:
Modular foundation examination: ACCA papers up to F3 (3 papers in total) are exempted)
Other cases: including Full time foundation course and Basic accounting course are not eligible for any exemptions under ACCA qualification
Graduates from 01-JAN-2003 to 31-DEC-2006
Full qualification: ACCA papers up to F9 (9 papers in total) are exempted)
Part qualification:
Foundation examination: No exemptions are available
Intermediate examination: ACCA papers up to F3 (3 papers in total) are exempt
Graduates from 01-JAN-2007 to 31-DEC-2013
Full qualification: ACCA papers up to F9 (9 papers in total) are exempted)
Part qualification:
Foundation examination: Only ACCA F4 (1 paper in total) is exempted
Intermediate examination: ACCA papers F1, F2, F3, F6 and F8 (5 papers in total) are exempt
Paper for paper: ACCA allows paper to paper exemptions if specific papers are passed with the following criteria:
| ACCA paper to be exempted | ICAP paper to be passed |
| F1 Accountant in Business | INTRODUCTION TO ECONOMICS & FINANCE PLUS BUSINESS COMMUNICATION & BEHAVIOURAL STUDIE |
| F2 Management Accounting | COST ACCOUNTING |
| F3 Financial Accounting | INTRODUCTION TO FINANCIAL ACCOUNTING PLUS FINANCIAL ACCOUNTING |
| F4 Corporate and Business Law | MERCANTILE LAW |
| F5 Performance Management | COST ACCOUNTING PLUS MANAGEMENT ACCOUNTING |
| F6 Taxation | TAXATION |
| F7 Financial Reporting | FINANCIAL ACCOUNTING PLUS ADVANCED ACCOUNTING & FINANCIAL REPORTING |
| F8 Audit and Assurance | AUDITING |
| F9 Financial Management | BUSINESS FINANCE DECISION PLUS MANAGEMENT ACCOUNTING |
No exemptions are available?
i have cleared PRC and CAF, havent started my articles yet and i want to shift into acca, now how many exams will i have to give of acca?
if i have cleared 9 papers of icap including AFC,far1,Cma,Blaw,Claw,Cma can i get any exemptions in acca ?
Plz guide me any exemption is available in acca after afc qualify
Aoa …
Please guide me the exact number of papers to be exempted in ACCA on C.A inter (qualified) basis …and all relevent fee like (Exemption fee, Registration fee etc. ) …
Thanks In Advance …
ma nai batayou ga
Aoa …
Please guide me the exact number of papers to be exempted in ACCA on C.A inter (qualified) basis …and all relevent fee like (Exemption fee, Registration fee etc. ) …
Thanks In Advance …
11 papers exempt for CA iner
ARE U SURE ?