- January 9, 2020 at 10:13 pm #557504ijxyzParticipant
I graduated in 2014 with a degree, which entitles me to 9 exemptions. I never actually formally registered as an ACCA student.
Having read the ACCA guides on the 10 year and 7 year rules, I am still confused.
If I was to register as a student in 2020, would I be entitled to these exemptions still, and if so, by which year would I need to complete the remaining exams by?
- January 9, 2020 at 10:29 pm #557505jetaviModerator
Basically the 7 year rule is for the Strategic Level Papers (last 4 papers). These have to be completed within 7 years.
Now it has nothing to do with when you register but instead the 7 year countdown starts once you pass your first Strategic Professional Paper.
More can be read here
Talking about the 10 year rule, that is for those who are opting in for the OBU BSc Hons in Applied Accounting.
If you take all 9 exemptions then you will not be anyways eligible for this degree. However, as you have mentioned, since you already have a degree you won’t really need this OBU BSc degree. This is for those you have not graduated from uni or don’t hold a uni degree.
Hope this clears it.
- January 10, 2020 at 10:48 am #557598
- January 10, 2020 at 9:12 pm #557700jetaviModerator
Does this effectively mean I have unlimited time to claim my exemptions?
No, you don’t have unlimited time to claim exemptions.
According to the ACCA website:
When can I apply for exemptions?
You should apply for exemptions when you first register as a student with ACCA.
If you have gained additional qualifications since you first registered as a student and believe you may be eligible for further exemptions, you can apply for these at any time. You can send copies of your educational documents by post or fax, or email a scanned copy of these documents to ACCA at email@example.com
Please be aware that you should wait until your exemptions have been confirmed as awarded before committing to any course of study. ACCA will not be held liable for any fees incurred for changes to tuition or study materials where the award of exemptions has not been confirmed in advance.
You can find the above in the following link
This link should also be of your help
Then, once I pass the first of the 4 exams, I have 7 years to complete the rest. Is this correct?
I’m concerned I might lose (or already lost) the ability to claim the exemptions.
As you mentioned in your first post, that you “never actually formally registered as an ACCA student” so meaning you have not completed your registration right?
If that is the case, you can still claim exemptions. No problem in that.
Hope this helps.
- August 1, 2020 at 6:39 am #578881shoaibhyattParticipant
Hi, everyone. I was wondering if a degree program is eligible for exemptions, does the marks achieved in the degree subjects reflect on whether the exemption will be given or not?
- August 1, 2020 at 12:52 pm #578909Kim SmithKeymaster
Use the ACCA exemption calculator https://www.accaglobal.com/an/en/help/exemptions-calculator.html
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