ACCA Singapore Exam - 2024 Updated Summary

So you’ve decided to pursue ACCA, but feeling unsure about where to start? No worries, this summary has got you covered, offering all the essential information and resources about ACCA Exam in Singapore to kickstart your journey confidently.

ACCA Exams

The ACCA exams are conducted using computer-based technology, commonly referred to as Computer-Based Exams (CBEs). Whether you opt for a remote exam or centre exam, the ACCA Exam ensures flexibility and accessibility.

Your method of booking your ACCA exam may vary based on your qualification level, determined by whether it’s an on-demand or session-based exam. Session-based exams are held four times a year. Click here for guidance on how to book your exam.

How many ACCA Exams are there?

In Singapore, there are a total of 14 exams for ACCA qualifications: 13 ACCA papers divided into three tiers (Applied Knowledge, Applied Skills, and Strategic Professional) and an Ethics exam.

Applied Knowledge - Covers fundamental accounting and finance knowledge with 3 exams

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

Applied Skills - Focuses on developing finance skills with 6 exams

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

Strategic Professional - Prepare students for leadership roles with 2 compulsory exams

• Strategic Business Leader (SBL)
• Strategic Business Reporting (SBR)
• and 2 optional exams – choose from: Advanced Financial Management (AFM), Advanced Performance Management (APM), Advanced Taxation (ATX), and Advanced Audit and Assurance (AAA).

However, if you are new to the world of Accounting and Finance, or have no prior formal qualifications, you may want to start with ACCA’s Foundation in Accountancy (FIA) suite.

ACCA Diploma in Financial and Management Accounting (RQF Level 2)

• FA1 – Recording Financial Transactions
• MA1 – Management Information

ACCA Diploma in Financial and Management Accounting (RQF Level 3)

• FA2 – Maintaining Financial Records
• MA2 – Managing Costs and Finance

It is advisable to complete ACCA Levels 2 and 3 first, as it provides a solid foundation for the Applied Knowledge exam (ACCA Level 4).

Registration and Subscription Fee

• Initial registration with ACCA - one time fee of ￡89
• Re-registration with ACCA if you got removed - ￡89
• Annual subscription 2024 to maintain active student status - ￡134

ACCA Singapore Exam Fees 2024

Each ACCA exam requires a separate fee payment. If you choose to take the exam at a specific or unlisted centre, additional local invigilation and accommodation fees apply. The prices vary for different exams and exam fees are subjected to change; it is recommended to check the ACCA Global Website for the current fee listing.

For ACCA Foundations in Accountancy (FIA) Students

Each ACCA exam requires a separate fee payment. If you choose to take the exam at a special or unlisted centre, additional local invigilation and accommodation fees apply. The prices vary for different exams and exam fees are subject to change; it is recommended to check the ACCA Global Website for the current fee listin

As of 29 April 2024, the fees are as such:

Exam Fee

*All seven exams at the Foundations level are accessible through on-demand CBEs. Fees for remote on-demand exams can be found here, whereas fees for exams administered at CBE centres are determined by the centres themselves.

Certified Accounting Technician (CAT) Qualification – For exams FTX, FFM, and FAU, the fee is applicable per exam.

Certificate Fee

• Certified Accounting Technician (CAT) Qualification – ￡80 fee is due upon obtaining CAT holder status

Exemption Fee

• ACCA Diploma in Accounting and Business (RQF Level 4) – Exams FAB, FMA and FFA: ￡98 per exemption
• Certified Accounting Technician (CAT) Qualification – Exams FTX, FFM and FAU: ￡98 per exemption

For ACCA Foundations in Accountancy (FIA) Students

Exam Fee

Applied Knowledge

Business and Technology (BT), Management Accounting (MA) and Financial Accounting (FA) exams are accessible through on-demand CBEs. Fees for remote on-demand exams can be found here, whereas fees for exams administered at CBE centres are determined by the centres themselves.

Applied Skills

For exams PM, TX, FR, AA, FM, and LW (in markets with sessional exam variants), the fee is payable per exam.

Certificate Fee

• Ethics and Professional Skills Module – ￡75

Exemption Fee

• Applied Knowledge Exams: ￡98 per exemption awarded
• Applied Skills Exams: ￡123 per exemption awarded

ACCA Singapore Exam Timetable

There are two exams periods and one Foundational and niche exams?in 2024.?The remaining Foundation-level exams are exclusively offered as on-demand CBEs.

New to ACCA? Begin Your Journey With Us

If you are new to the field of accounting and finance or currently working in finance without formal qualifications, you can start your ACCA journey with the ACCA Foundation in Accountancy (FIA) courses.