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Acounting and Finance/ ACA/ ACCA

Liverpool University accounting and finance Undergraduate degree says that they grant exemptions from ACA exams. But the question is, how much exactly.

And how long does it take to complete ACA? would it be better to go UNI and then do ACA or scrap uni and start ACA directly?

is the course really that hard?
Original post by butfirst_coffee
Liverpool University accounting and finance Undergraduate degree says that they grant exemptions from ACA exams. But the question is, how much exactly.

And how long does it take to complete ACA? would it be better to go UNI and then do ACA or scrap uni and start ACA directly?

is the course really that hard?



https://apps.icaew.com/cpldirectory/Search/AcademicCreditsAvailable?id=133&cplName=BA%20Accounting%20and%20Finance
That link will show you the exemptions possible from Liverpool uni's BA Accounting and Finance. Bear in mind though that Liverpool isn't particularly special in offering exemptions- any decent accounting/finance degree should offer something. You can check the CPL Directory on the ICAEW website to check if a course will give you 'credit for prior learning' (CPL) i.e. an exemption.

From the sounds of your questions it seems like you're fairly new to what the ACA involves. I'd recommend the ICAEW website as a place to get started- it'll have everything you need to know. http://www.icaew.com/en/for-current-aca-students/getting-started/how-to-guides-for-aca-students

The ACA is no easy ride! :colondollar:
Reply 2
Looks like you can claim 12 exemptions from the 15 exams on Liverpool's accounting courses, which is really quite incredible - it's usually a maximum of 8. Other universities have partnership programmes with big firms where you can get up to 8 as well.

You'll need 450 days of work experience, and training contracts are usually 3 years anyway, so even after university, you'll be looking at another 3 years to fully qualify.

If you know you want to work in accountancy practice, there really isn't a huge point in going to university, though people go to university for differing reasons and you need to balance it out. It won't put you at a huge disadvantage if you don't go to uni, but it obviously means you can't apply to grad schemes if you realise accountancy isn't for you.

The ACA isn't a walk in the park, and will be much harder than any sort of accountancy / finance modules you do at uni. That being said, plenty of people pass the qualification yearly and if you put the effort in, you'll be fine.
Looks like you can claim 12 exemptions from the 15 exams on Liverpool's accounting courses, which is really quite incredible - it's usually a maximum of 8. Other universities have partnership programmes with big firms where you can get up to 8 as well.

You'll need 450 days of work experience, and training contracts are usually 3 years anyway, so even after university, you'll be looking at another 3 years to fully qualify.

If you know you want to work in accountancy practice, there really isn't a huge point in going to university, though people go to university for differing reasons and you need to balance it out. It won't put you at a huge disadvantage if you don't go to uni, but it obviously means you can't apply to grad schemes if you realise accountancy isn't for you.

The ACA isn't a walk in the park, and will be much harder than any sort of accountancy / finance modules you do at uni. That being said, plenty of people pass the qualification yearly and if you put the effort in, you'll be fine.


Thanks a lot for the info. 12/15 is definitely worth It. I want to do as much of it in Uni as possible due to the support available there. And also graduate schemes Of course.
Looks like you can claim 12 exemptions from the 15 exams on Liverpool's accounting courses, which is really quite incredible - it's usually a maximum of 8. Other universities have partnership programmes with big firms where you can get up to 8 as well.
You'll need 450 days of work experience, and training contracts are usually 3 years anyway, so even after university, you'll be looking at another 3 years to fully qualify.
If you know you want to work in accountancy practice, there really isn't a huge point in going to university, though people go to university for differing reasons and you need to balance it out. It won't put you at a huge disadvantage if you don't go to uni, but it obviously means you can't apply to grad schemes if you realise accountancy isn't for you.
The ACA isn't a walk in the park, and will be much harder than any sort of accountancy / finance modules you do at uni. That being said, plenty of people pass the qualification yearly and if you put the effort in, you'll be fine.

Hi there why would I take another 3 years to fully qualify explain as you gain 12/15 in uni and only need to do 3 more and is a year and extra 85 days to finish experience which could do in an internship or training contract or placement year right at uni correct me if wrong lmk sorry if late as got offer wanna know bc I wouldn’t do this if had to wait another 2-4 years to get graduated won’t mind 1 year maybe won’t mind 2 either but hell nah 3???
Original post by Brianstudy01
Hi there why would I take another 3 years to fully qualify explain as you gain 12/15 in uni and only need to do 3 more and is a year and extra 85 days to finish experience which could do in an internship or training contract or placement year right at uni correct me if wrong lmk sorry if late as got offer wanna know bc I wouldn’t do this if had to wait another 2-4 years to get graduated won’t mind 1 year maybe won’t mind 2 either but hell nah 3???

Because to qualify as a chartered accountant isn't just about passing exams. It's also about having accrued a minimum period of practical work experience.
Original post by mathperson
Because to qualify as a chartered accountant isn't just about passing exams. It's also about having accrued a minimum period of practical work experience.
Could I do a placement or internship would it count
Original post by Brianstudy01
Could I do a placement or internship would it count

Get your degree completed first. Then do the remaining professional exams alongside work.

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