Exemptions are given to candidates who have completed the relevant subject at the undergraduate or postgraduate level. They are awarded because the candidate has deemed that they already have sufficient knowledge. However, candidates may want to revisit the subject to ensure that they understand the details. CIMA has published a blueprint of the Professional syllabus, which shows what candidates must know about each subject. Find here the best institute for ACCA in Abu Dhabi.
CIMA and ACCA offer exemptions for certain exam papers. However, you must apply for these exemptions after registering for your exams. Once you have applied, you must decide if you wish to accept or decline the exemption. However, you should know that you will have to pass a pass mark of 40% or higher in each paper to be eligible for the exemption.
You can apply for an exemption if you have studied a relevant qualification, such as accounting or finance. Those with a business or management degree are also eligible for exemptions. Using CIMA’s exemption search, you can determine if you’re eligible for an exemption.
ACCA exemptions for commerce graduates:
If you are a recent graduate of commerce, you can apply for CIMA and ACCA exemptions to avoid taking the exam and save money. To apply, you should have at least completed your class 12 board examinations and graduated from a foreign university. If you have CA qualifications, you may also qualify for exemptions through the Inter-CA (Chartered Accountants) route.
The exemption process is straightforward. Students can search their exemption database and determine whether they qualify for any CIMA or ACCA exam. You can also register with the CIMA institute and become a CIMA student. Once registered with the CIMA Institute, you can apply for exemptions for the relevant modules.
ACCA exemptions for postgraduate (M.Com) inter-CA students:
ACCA is a globally recognized accounting professional qualification. It offers students flexible learning opportunities and student-friendly examination systems. Taking ACCA can open many career opportunities, from strategic accounting to management. Moreover, the ACCA course curriculum reflects the latest developments in the industry.
In addition, the ACCA course allows students to claim exemptions based on their previous learning. Students can claim as many as nine exemptions. Exemptions are based on the subject studied, prior experience, and level of qualification. The regulatory body of ACCA performs thorough scrutiny before allowing exemptions.