ACCA Foundations in Accountancy

Association of Chartered Certified Accountant

ACCA Programme Overview

ACCA has more paths to success than anyone else.  Start at the right level for you, and begin your ACCA journey today.

Please email This email address is being protected from spambots. You need JavaScript enabled to view it. to book your computer-based exam session. Exams are held at the Bermuda College Testing Centre.

|  Exam Details Can Be Found Here |

| Watch Our Information Session Here |

| Register for PACE Courses Here |

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Summer 2023 Course Schedule

Recording Financial Transactions (FA1)
    $745

Note: The dates below have been changed from the previous dates.

Diploma in Financial and Management Accounting (RQF Level 3)

Maintaining Financial Records (FA2)
    $745
Course code: TDS ACCA20 SECA1 - (Monday) - 6:00 - 9:00PM
Start of Course May 23, 2023
End of Course July 6, 2023
Managing Cost and Finance (MA2)
    $745
Course code: TDS ACCA22 SECA1 - (Tuesday) - 6:00 - 9:00PM
Start of Course May 22, 2023
End of Course July 5, 2023
Taxation (F6/TX)
    $1095
Course code: TDS ACCA42 SECA1 - (Wednesday) - 6:00 - 9:00PM
Start of Course May 22, 2023
End of Course July 5, 2023


Foundations in Accountancy

ACCA's Foundations in Accountancy is an entry-level suite of awards, including diplomas and a Certified Accounting Technician (CAT) Qualification.
There are four foundation awards available:
  • ACCA Diploma in Financial and Management Accounting (RQF Level 2)
  • ACCA Diploma in Financial and Management Accounting (RQF Level 3)
  • ACCA Diploma in Accounting and Business  (RQF Level 4)
  • Certified Accounting Technician

| Learn More about the Qualifications |


If you don’t have the relevant qualifications to start the ACCA Qualification, then our Foundations exams will prepare you. They provide an exceptional introduction to the finance sector and teach some essential skills and techniques that will allow you to hit the ground running in your career.

High school graduates, mature students and working professionals with no formal academic qualification can undertake any course* within Foundations in Accountancy.

ACCA Foundations exams are designed for those who don’t have any relevant qualifications. However, you may benefit from taking their self-check module that lets you test your English and maths skills. It’s optional and entirely anonymous.

| Self-check Module |

 

Introductory, Intermediate and Diploma

Applied Knowledge and Applied Skills

The Applied Knowledge, Applied Skills and Strategic Professional exams together form the ACCA Qualification. If you don’t have the relevant education to jump straight in with the Strategic Professional exams then you can start at Applied Knowledge. However, you’ll need to have some relevant secondary education.

The Applied Knowledge and Applied Skills exams provide you with the essential building blocks needed for a successful career in Finance and Accountancy.

Applied Knowledge

The Applied Knowledge exams are an exceptional introduction to the world of finance and accounting, providing you with a broad understanding of essential accounting techniques.

There are three Applied Knowledge exams:

  • Accountant in Business
  • Management Accounting
  • Financial Accounting

To start studying for the Applied Knowledge exams you must be qualified to University-entrance level. And once you’ve completed these three exams you’ll be awarded the ACCA Diploma in Accounting and Business (RQF Level 4) and be eligible to start the Applied Skills exams.

Applied Skills

The Applied Skills exams build on your existing knowledge and understanding developing strong, broad and practical finance skills.

There are six Applied Skills exams:

  • Corporate and Business Law
  • Performance Management
  • Taxation
  • Financial Reporting
  • Audit and Assurance
  • Financial Management

 

To start studying for the Applied Skills exams you must have either completed the Applied Knowledge exams, have achieved the ACCA Diploma in Accounting and Business (RQF Level 4) or have a relevant accounting or finance qualification at degree level.

Once you’ve completed the Applied Skills exams you can move on to the Strategic Professional exams.

| Learn More about ACCA Applied Knowledge and Applied Skills | 

 
Strategic Professional

Complete the final step of the ACCA Qualification with the Strategic Professional exams and you’ll be on your way to adding ACCA after your name.

Learn the dynamic skills and strategic vision that all great businesses and financial leaders need. The Strategic Professional exams also give you the opportunity to specialise in areas that best suit your career ambitions.

The Strategic Professional level requires you to undertake:

  • 4 exams: This includes two compulsory modules which include Strategic Business Leader and Strategic Business Reporting. You then need to choose two further courses that suit your career ambitions from Advanced Financial Management; Advanced Performance Management; Advanced Taxation; or Advanced Audit and Assurance.

    To become an ACCA member you’ll also need to complete:

  • 1 ethics and professional skills module: We believe that finance professionals should be ethical and demonstrate the professional skills to make an impact immediately. This is why you’ll do an Ethics and Professional Skills module.
  • 3 years’ work experience: in a relevant workplace role.


To complete the ACCA Qualification and become an ACCA member, you need to complete the Applied Knowledge, Applied Skills and Strategic Professional exams. However, your previous education may qualify you for some exam exemptions, such as having a relevant degree from an ACCA-accredited university. If your previous qualifications exempt, you from all the Applied Knowledge and Applied Skills exams then you can start your studies at Strategic Professional. Otherwise, you’ll need to start at either Applied Knowledge or Applied Skills.

EXEMPTIONS:
*To find out what exemptions you may qualify for click here › Exemptions Calculator.

exam Fees

Foundations Courses:

Bermuda College Student - $150 per exam

General Public - $250 per exam

Applied Knowledge & Applied Skills Courses:

Bermuda College Student - $200 per exam

General Public - $250 per exam