Association of Chartered Certified Accountants (ACCA):

The ACCA Qualification opens up a whole world of possibilities. It is your ticket to a career in any sector and any size of business. It is recognised in more than 150 countries with a worldwide membership of 122,000. Currently ACCA has 325,000 students preparing them to become the next generation of entrepreneurs, financial directors, CFOs, CEOs and Partners.

BBMS is an accredited tuition provider for ACCA courses. Student studying at BBMS participate in ACCA/ICPAS Joint Professional Examination Scheme (JES). This scheme ensures that the syllabus provided by ACCA meets the requirements of both ICPAS and ACRA to become a Certified Public Accountant (CPA) in Singapore. ICPAS and ACCA have been jointly running the JES successfully since 1983 where many have graduated and enjoyed rewarding careers.

ICPAS (Institute of Certified Public Accountants of Singapore) is the official accounting professional body that ensures accountants conduct themselves within the framework of regulations spelt out by Singapore’s ACRA (Accounting and Corporate Regulatory Authority).

Recognition:

Graduates from the ACCA/ICPAS JES programme will be eligible to apply for ICPAS membership and ACCA membership with ACCA (UK) upon completion of the requisite work experience.

Those who complete the Fundamental Level of the ACCA programme can obtain a B.Sc. (Hons) in Applied Accounting from Oxford Brookes University, UK by completing a Research and Analysis Project with Oxford Brookes University.

ACCA members can gain credit towards the MBA awarded by Oxford Brookes University through the partnership established between this University and ACCA.

ACCA Membership:

The successful completion of the ACCA exams (all 14 of them) is the first step to gaining full membership in ACCA. Besides successfully completing the exams, candidates must also complete the Professional Ethics Module and achieve 13 performance objectives through 3 years of relevant practical experience. In summary:

Exams + Ethics + Experience = ACCA (see Pathway to ACCA Membership)

CPA Singapore:

Candidates completing the ACCA exams can gain Associate Member status with the Institute of Certified Public Accountants of Singapore (ICPAS). Thereafter, these Associate Members in order to apply to become Practising Members (ie. Certified Public Accountant or CPA) must complete the following:

• 3 years of post-ACCA practical experience (the same as that required for ACCA membership) or 5 years of certifiable, pre-ACCA relevant practical experience.

• Pre-admission course (5-day refresher course)

• Proficiency in Singapore laws (Including those relating to companies and taxation)

Examination and Exemption Regulations:

Course Structure:

Lectures:

• Lectures are of 3 hours duration each.
• Each module receives at least 54 hours of direct lectures.
• Each module receives 15 hours of intensive revision over a week.
• All lecturers are fully qualified and experienced.
• Students will need to buy the study materials as directed by the lecturer.

Term:

• Term starts in January or July of each year.
• Duration for each term is 6 months.
• Part-time, evening classes available.

Examinations:

•     ACCA Paper-based exams are held only in June or December.
•     Exams for F1, F2, F3 modules are Computer-Based Exams that can be taken on a demand basis.
•     Each student can present a maximum of 3 papers each term

1. Tuition Fees (per semester) 4065

(12 months)

2. Non-Tuition Fees**

i) Registration Fees 150

ii) Course materials (Book excluded) 300

iii) Laboratory charges NA

iv) Library membership fees / deposit NA

v) Examination Fees Payable to ACCA

vi) Accommodation NA

vii) Commission NA

viii) Escrow Administration 300

ix) International Student Handling 150

x) ICA Security Deposit Payable to ICA

3. i) Re-examination Fees Payable to ACCA

ii) Late Payment Fees (of any sort) NA

iii) Replacement of Student ID Fee 80

iv) Etc NA

Admission Requirements:

Mature Student Entry Route (MSER):
For all those who are above 21 years old, regardless of nationality, and do not meet the PER criteria (see below), you can gain admission on the basis of Mature Student Entry Route (MSER).

Condition: All MSER candidates must pass F2 Management Accounting and F3 Financial Accounting or their equivalent within two years from the date of their first eligible ACCA examination session.

Professional Examination Route (PER):
For Singapore applicants:

• Minimum of 2 'A' levels and 3 'O' levels passes with credits in English and Mathematics, or
• Diploma and Degree from a recognized institution in any subject or
• LCCI - 3 Higher level passes and 2 intermediate level passes (5 separate subjects including English and Mathematics) or Completion of CAT Papers 1 - 5

For International applicants: 

Standard ACCA requirements

Student Registration with ACCA and ICPAS:

All students intending to sit for examinations MUST register as a student with ACCA (UK) and ICPAS.

Students sitting for Paper-Based Exams must register with ACCA (UK) and ICPAS by the following dates: