CPD Association of Chartered Certified Accountants (ACCA)

Program Overview

GCU's part-time ACCA program prepares students for professional accounting careers by emphasizing practical and theoretical application of accounting principles. The program covers applied skills and strategic professional levels, leading to the prestigious ACCA qualification. Graduates are equipped with advanced skills, specialized knowledge, and a holistic understanding of modern accounting practices, opening doors to diverse and rewarding career opportunities in various industries.

Program Outline

CPD Association of Chartered Certified Accountants (ACCA) - GCU

Degree Overview:

GCU's part-time ACCA program, offered to HNC/HND holders and graduates working in accounting, prepares students for professional careers in various business sectors. It emphasizes the practical and theoretical application of accounting principles, developing advanced skills and specialized knowledge in the field. The program focuses on professional values, ethics, and good governance to equip graduates with a holistic understanding of modern accounting practices.

Objectives:

• Equip students with the professional competencies and knowledge necessary to excel in accounting-related careers.
• Prepare students for the ACCA examinations, leading to the prestigious ACCA qualification.
• Develop students' analytical, research, and critical thinking skills for effective decision-making and problem-solving in business contexts.
• Enhance students' understanding of ethical and responsible business practices in today's globalized economy.

Outline:

The ACCA program comprises applied skills and strategic professional levels. Students typically study a maximum of two papers per trimester, with options available in August and February intakes.

Applied Skills Level Papers:

• Financial Reporting: Explores the key principles and frameworks of financial reporting, including the preparation of financial statements and accounting standards.
• Financial Management: Investigates the financial management function within an organization, focusing on investment appraisal, risk management, and working capital management.
• Performance Management: Examines the process of setting, measuring, and managing organizational performance, focusing on key financial metrics and non-financial indicators.
• Audit and Assurance: Introduces students to the principles and practices of auditing and assurance engagements in an organizational context.
• Corporate and Business Law: Provides an overview of legal principles relevant to business operations, covering areas such as contracts, corporate law, and intellectual property.
• Taxation: Explores the fundamentals of UK tax legislation and regulations impacting individuals and businesses.

Strategic Professional Level Papers:

• Advanced Taxation: Delves deeper into advanced tax principles and planning strategies for corporations and individuals.
• Advanced Audit and Assurance: Develops a comprehensive understanding of advanced audit procedures and the application of international accounting standards in auditing.
• Advanced Financial Management: Further examines advanced financial management concepts, including capital structure, mergers and acquisitions, and international financial markets.
• Strategic Business Leader: Focuses on the strategic leadership role within organizations, covering aspects of corporate governance, strategic planning, and risk management.

Assessments:

Assessments vary depending on the specific ACCA paper. They typically include written examinations, coursework assignments, and case study analyses. Students are also expected to demonstrate a high level of professional competency through workplace experience and active participation in class discussions.

Teaching:

The program utilizes various teaching approaches, including lectures, tutorials, workshops, and case studies. Students have access to online learning resources and dedicated support from experienced faculty members who are experts in their respective fields. Additionally, guest speakers from industry provide valuable insights and real-world perspectives on current business practices.

Careers:

Graduates of the ACCA program are equipped for diverse and rewarding careers in a range of industries and sectors. Typical opportunities include:

• General management positions within public and private sector organizations
• Specialized roles in accounting, finance, auditing, taxation, and information technology
• Consulting and advisory roles within professional services firms
• Entrepreneurial ventures in various business fields
The flexible nature of the ACCA qualification allows graduates to tailor their career paths based on their individual interests and aspirations.

Other:

• The program is accredited by the ACCA, a globally recognized professional accounting body.
• GCU offers exemptions from some ACCA papers to HNC/HND holders and graduates with relevant degrees.
• Students have access to a dedicated ACCA Advisor who provides personalized support and guidance throughout their studies.