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Greetings fellow students,
I have just only enrolled in ACCA and am sitting for my P papers. My question is, does ACCA grade our subjects and not just whether we pass or not?
In other words, say for an accounting degree where I scored a High Distinction @ 85% for Auditing. My academic transcript will display the subject as Auditing together with the grade of High Distinction.
Is this the case for ACCA as well? If I were to pass P1 with 60 marks, will ACCA display the marks as well as the grade associated with it or will it simply state that I have successfully pass the P1 paper?
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Welcome to the horrific and yet the most profitable institute (hope i don’t get banned for this) of accountancy. ooh yes that is ACCA.
Paper Name + Percentage of marks .. and there you go with ur ACCA. Simple as that.
And please remember never get dishearten on getting 50% or 45%. In reality .. Your real exam marks would been -15 lower then your original/deserving result. (only if a university educated system is used for checking).
Here is the lowdown…..I am an ACCA and I cannot see what marks I got for my papers anymore. In the end, it doesn’t matter the marks, all passes are equal in the eyes of ACCA.
Your exam progress & status page will show you the exams you’re exempt from, and those that you’ve passed along with your mark. It doesn’t do “distinctions”, but it does do prizewinners for exams (first time pass required to be eligilbe), although you’re probably looking more to the 80+ mark to be in with a chance of winning that, depending on which exam it is.
Once your exams are all done and PER met, you get your certificate, which the same for everybody. There’s no levels of it as in with university degrees.
Thank you fellow members. I did not expect such a quick and varied response! Well, the reason I’ve asked is that I am hoping my marks will not be published along with my certificate when I attend an interview.
Hard as it is to pass some papers, it would be harder or close to impossible to justify my marks for certain papers to the interviewer. I am sure some of you can relate to what I am saying.
Let me chip in with some of my understanding on this contentions:-
I understand that ACCA is a professional accountancy body who admits members to its body to serve as a professional accountant as other professional accountancy bodies do elsewhere int he world and not a functional university to award degrees or diplomas. The entry to the members’ register is restricted by exams, experience and ethics etc. I believe, therefore what matters for ACCA is whether a student who seeks entry to the member’s register is meeting the criteria (in exams they set minimum of 50%) set by them to be eligible for offering a membership.
Those who scores high marks are recognized by ACCA through various ways. However ACCA is right on their part not to set any grade system as it happens in university level.
As far as I understand all the professional bodies like ACCA do not have any grade system to show that one member is excellent than the other or so etc.
What is important to be noted is as an ACCA member your qualification as a member can be striped off by ACCA if found guilty of any wrong doing and you are no longer permitted to use ACCA after your name or use as a qualification for job application, whereas a university degree cannot be removed from an individual under any circumstance which will follow you to your grave is guaranteed.
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