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I have a question regarding the time limit of the ACCA!
I have registered with Acca on January 2013 and take my first exam on June 2013 on foundations exams as I have only 3 exemptions!I am now on professional exams. Do I have only 3 years allowed to finish all the professional exams or the 7 year rule is started when you first passed the first professional exam without the time limit requirements?
If I finish let’s say the professional exams in 5 years this will take me 12 years overall! please help me on this issue! thank you!
My understanding is that the 10 year rule is no more.
The only time limit is now the 7 years from first pass of a professional paper.Basically the 7 year rule is for the Strategic Level Papers (last 4 papers). These have to be completed within 7 years.
The 7 year countdown starts once you pass your first Strategic Professional Paper.
More can be read here
https://www.accaglobal.com/an/en/student/getting-started/rules-and-regulations-for-students/time-limits.htmlSo in that case, if you haven’t passed any professional paper yet then you still have 7 years to complete those 4 Strategic Professional Papers.
Talking about the 10 year rule, that is for those who are opting in for the OBU BSc Hons in Applied Accounting.
Hope this clears it.
Hello Jetavi. Is there anyway that the 7 year rule resets ?
What I mean is that if the papers were supposed to expire by December 2027, now they only expire at December 2034 because of reset.
Because I heard that this happens when ACCA changes their syllabus. If yes how often do ACCA chang their syllabus.
So sorry to trouble you because I am so stressed about this time limit. Can you please help me with it
@Malai – students have 7 years in which to pass 5 exams https://www.accaglobal.com/an/en/student/getting-started/rules-and-regulations-for-students/time-limits.html
The 7 years only starts from when you passed the first SP exam – there are still 5 years to 2027 – you would lose only those exams that you passed before 2000 … you don’t lose “everything” for not completing the SP exams in 7 years.
The last time ACCA changed the entire qualification (not just the syllabuses – they change every year) was 2018 and before that 2007. You really shouldn’t be stressed about a time limit that is 5 years away – rather make plans how you will achieve the qualification before then https://opentuition.com/acca/plan-your-acca-exam-journey
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