About the Association of Chartered Certified Accountants (ACCA)

ACCA (the Association of Chartered Certified Accountants) is the largest global professional accounting body with 227,000 members and 544,000 students in 179 countries. They offer qualifications to people who seek a rewarding career in accountancy, finance and management. An individual can become a Chartered Certified Accountant following completion of up to 13 professional examinations and an ethics module and providing proof of three years of supervised, relevant accounting experience.

The ACCA qualification is recognised by the Financial Conduct Authority (FCA) as an appropriate qualification for the following non-RDR activities:

(8) Giving personal recommendations on investments in the course of corporate finance business;

(15) Overseeing on a day to day basis operating a collective investment scheme or undertaking activities of a trustee or depositary of a collective investment scheme;

(16) Overseeing on a day to day basis safeguarding and administering investments or holding client money;

(17) Overseeing on a day to day basis administrative functions in relation to managing investments;

(18) Overseeing on a day to day basis administrative functions in relation to effecting or carrying out contracts of insurance which are life policies; and

(19) Overseeing on a day to day basis administrative functions in relation to the operation of stakeholder pension schemes.

Source: Appropriate Qualifications in FCA Handbook

ACCA Qualification Structure

The qualification is structured in three levels, plus an Ethics and Professional Skills module and a Professional Experience Requirement (PER).

The Applied Knowledge level consists of 3 examinations:

    • Business and Technology (BT)
    • Management Accounting (MA)
    • Financial Accounting (FA)

* You can be awarded a Diploma in Accounting and Business after passing these exams if you register separately for the ACCA Foundations In Accountancy programme.

The Applied Skills level consists of 6 examinations:

    • Corporate and Business Law (LW)
    • Performance Management (PM)
    • Taxation (TX)
    • Financial Reporting (FR)
    • Audit and Assurance (AA)
    • Financial Management (FM)

The Strategic Professional level involves 4 examinations: 2 from Essential and any 2 from Options.

Essential (or Compulsory):

    • Strategic Business Leader (SBL)
    • Strategic Business Reporting (SBR)


    • Advanced Financial Management (AFM)
    • Advanced Performance Management (APM)
    • Advanced Taxation (ATX)
    • Advanced Audit and Assurance (AAA)

The ACCA full Professional qualification is regarded as the equivalent of a taught UK master’s degree by the UK NARIC and Department for Education.

The British Government’s Department for Business, Innovation and Skills, implementing the Companies Acts 1989 and 2006, allows members of ACCA to act as auditor to a limited company.

ACCA website

ACCA Training at London School of Finance and Law

London School of Finance and Law offers a wide range of courses in finance and tax law that can be taken alongside your professional qualification studies elsewhere. A globally recognised accounting qualification, together with a national qualification you may be pursuing, will increase your chances to work in an international company.

As a student of London School of Finance and Law, you can enrol in our ACCA exam preparation programme which runs for 5 years (13 terms) in total. 

Year 1 (3 terms)

    • BT – Business and Technology
    • MA – Management Accounting
    • FA – Financial Accounting

Year 2 (3 terms)

    • LW – Corporate and Business Law
    • TX – Taxation
    • FR – Financial Reporting

Year 3 (3 terms)

    • PM – Performance Management
    • AA – Audit and Assurance
    • FM – Financial Management

Year 4 (2 terms)

    • SBL – Strategic Business Leader
    • SBR – Strategic Business Reporting

Year 5 (2 terms)

Any two subjects from options:

    • AFM – Advanced Financial Management
    • APM – Advanced Performance Management
    • ATX – Advanced Taxation
    • AAA – Advanced Audit and Assurance

You can join the programme at any level, depending on the ACCA exams you have already passed.

Please note that our tuition includes access to study materials, online practice tests, tutor-marked assignments and mock exams via a dedicated virtual learning environment (VLE), but it is up to you to pay additional fees to register as a student member at ACCA and to pass exams at an exam centre in your country.

Study method

Online learning with tutor guidance and support

How long it takes

The course at each level lasts 1 term (4 months) and starts three times a year – in January, May and September.

You need to be able to spend approximately 8 hours per week on studying each programme module.

Teaching and assessment

A tutor will guide you throughout the study process and mark and comment on your written work. You and your tutor will primarily communicate with each other through email.

The course work includes online practice tests, tutor-marked assignments and end-of-module assessment. You must use the online VLE-system to submit your end-of-module assessment.

The Pass mark for each module is 50%. Upon successful completion, students are issued a certificate of completion from London School of Finance and Law.

Please note that it is your responsibility to take ACCA exams in your selected exam centre after completing each module with us.

Study materials

All study materials (including Microsoft Office presentations and Adobe Portable Document Format (PDF) versions of selected study materials) are provided on the module website. You can purchase study materials from ACCA approved content providers  – Kaplan Publishing or BPP Learning Media – to revise for your exams.

Technical requirements

A computer with a browser and broadband internet access is required for this module. Functionality may be limited on mobile or tablet devices.

If you have a disability or particular study requirements, please tell us as soon as possible.

English language requirements

The language of instruction is English. There is no formal requirement to prove your English language proficiency to study our courses, but you are expected to have English reading and writing skills equivalent to B2+ CEFR level to pass ACCA exams.

Fees and funding

Course fees for 2023/2024 academic year: £840 per term

Course fees cover registration, course materials, tuition and end-of-module assessment at our School. Please note that it is your responsibility to pay for student membership and qualification exams at ACCA.

LSFL course fees depend on the level and duration of courses: check all tuition fee rates for the current academic year here.

You may be eligible for tuition funding.


Next term start date: 20 May 2024

The module website will be available to registered students three days in advance of the module start. Module sessions will be opened every week or every two weeks to enable tutor-led, gradual progression through the study materials and continuous assessment.

Course registration is open, but please be aware that due to the increased demand it may take us longer to respond than usual.

Registration closes 10 May 2024 (places subject to availability)

Registration for current students:


Registration for new students:

You have to register as an LSFL student to enrol in this programme.


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