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ACCA stands for Association of Chartered Certified Accountants and it is the global professional accounting body offering accountancy qualifications. ACCA has;

  • 200.000 members across the world
  • 486.000 students in 178 countries
  • 101 offices and centres in 57 countries
  • 98 global accountancy partnerships
  • 7291 approved employers
  • 299 approved learning partners

Studying for ACCA qualifications is going to provide you with knowledge and skills relevant to any kind of company; therefore you can choose the accountancy role and the industry/company you want to work for. ACCA qualifications are recognized world-wide, so you can work for any company, in any country.

ACCA Qualifications benefit you in many ways. ACCA has many members in Sultanate of Oman, and many companies in Oman recognize ACCA qualifications.

ACCA has also an approved employer program and it has 7291 approved employers around the world, also many companies in Oman are also ACCA approved employers.

Many companies in Oman are also ACCA approved employers;

  • Big four audit firms ( Deloitte, PWC, KPMG, EY)
  • Bank Muscat
  • Omantel
  • Ooredoo
  • State Audit
  • Oman LNG
  • PDO
  • SMN Power
  • Capital Market Authority
  • Abu Timam Grant Thornton

When you qualify, you…

  • Become a member of the world’s most forward-thinking accountancy body – the ACCA letters after your name are globally recognised and show employers that you work to the highest professional and ethical standards.

  • Open doors to opportunities all over the world – the ACCA Qualification is respected globally, and will help you to open doors wherever your career path may take you. It also gives you the flexibility to branch out into new areas and develop new skills throughout your career.

  • Make the world a better place – Ethics are absolutely fundamental to your studies and the whole ACCA approach. Which means that when you go out into the world, you’ll be able to set and maintain the high standards the organisations you work with need to move into the future.

  • Get support throughout your journey – you get access to world-class resources, forums, insight and advice all the while you’re studying and throughout your professional life.

  • Develop your skills – you’ll have opportunities to learn new skills and gain many other qualifications along the way – including a BSc and an MSc.

There are two different qualification paths you can apply and study;

  1. Foundations in Accountancy
  2. ACCA Qualification

Foundations in Accountancy

If you are new in accounting and finance or already working in the field but you do not have any formal qualifications, you can study any or all of our following entry-level qualifications. They are called as “Foundations in Accountancy”:

– Introductory Certificate in Financial and Management Accounting

  • FA1 Recording Financial Transaction
  • MA1 Management Information
  • A professionalism and ethics module called Foundations in Professionalism

– Intermediate Certificate in Financial and Management Accounting

  • FA2 Maintaining Financial Records
  • MA2 Managing Costs and Finance
  • A professionalism and ethics module called Foundations in Professionalism.

ACCA Qualification

If you have a Diploma or Bachelor Degree, you can study ACCA Qualification. To achieve the ACCA Qualification you will need to complete exams, an ethics module and meet the practical experience requirement.

There are two levels of exams – Fundamentals and Professional.

FUNDAMENTALS

This level has nine areas of study, divided into two modules.

The Knowledge module gives you a broad introduction to financial and management accounting.

The Skills module covers the main technical subjects you need to know.

Knowledge

  • F1: Accountant in Business
  • F2: Management Accounting
  • F3: Financial Accounting

Skills

  • F4: Corporate and Business Law
  • F5: Performance Management
  • F6: Taxation
  • F7: Financial reporting
  • F8: Audit and Assurance
  • F9: Financial Management
PROFESSIONAL

This level builds on your knowledge even further – giving you the advanced skills, techniques and ethical approaches you need to succeed as a senior finance professional.

There are two modules:

  • Essentials – you need to pass all three papers
  • Options – you need to choose and pass a minimum of two of these

Essentials

  • P1: Governance, Risk and Ethics
  • P2: Corporate Reporting
  • P3: Business Analysis

Options – choose two

  • P4: Advanced Financial Management
  • P5: Advanced Performance Management
  • P6: Advanced Taxation
  • P7: Advanced Audit and Assurance

ACCA awards exemptions from some subjects depending on your previous studies. For most of the universities, ACCA gives exemptions from first 3 or 4 subjects depending on the major.

If you can send your details, we can provide you with the information about your exemptions.

For ACCA Qualification;

This completely depends on what qualifications you have before you register. The quickest way to become a member is to work and study at the same time. If you do, you could qualify in as little as three or four years.

Is there a time limit?

There’s no limit on how long you can spend on the Fundamentals level. Once you pass your first Professional level exam, you have seven years to pass the rest of the papers.

For Foundations in Accountancy;

From taking your first exam within the introductory certificate up to the higher level papers could take less than one year. However, it’s up to you how quickly you want to progress as there is no time limit.

After you complete the Diploma in Accounting and Business, you can transfer onto the ACCA Qualification. You can claim exemption from the first three exams (F1, F2 and F3), because you will have already passed them at the diploma level. You can then continue your journey with us on the ACCA Qualification.

Exams are important. But part of what makes the ACCA Qualification so valuable is that it gives you real-world experience. As well as completing exams, you need three years’ practical experience in a relevant role to qualify.

Having the highest standards in ethical accounting and reporting is absolutely fundamental if societies and organisations are to flourish. This is why professional ethics are at the heart of the ACCA Qualification. Ethics underpin your studies and inform your practical experience. They are covered in most of our training – and we also have a specific Professional Ethics module which you complete in your own time.

Along the way to membership, you can gain these milestone qualifications:

Diploma in Accounting and Business

You gain a Diploma in Accounting and Business when you pass:

  • the first three exams of the ACCA Qualification (F1, F2 and F3)
  • the Foundations in Professionalism ethics module.

Depending on when you take your ethics module, you could get this award in 6-12 months.

Advanced Diploma in Accounting and Business

You gain the Advanced Diploma in Accounting and Business when you pass:

  • all the exams in the Fundamentals level (F1-F9)
  • the Professional Ethics module.

Depending on when you take your exams and ethics module, you could get this award in 12-18 months.

After completing the journey and getting the ACCA Qualification, you can get also

BSc (Hons) degree in Applied Accounting

Get a degree at the same time as becoming a qualified accountant through our partnership with Oxford Brookes University. This is the perfect way to gain an extra qualification without doubling your workload.

You need to:

  • pass your ACCA Qualification exams
  • pass the Professional Ethics module
  • submit a research and analysis project.
Master’s in Professional Accountancy

ACCA is the first accountancy body worldwide to offer an integrated master’s programme. Alongside studying for your professional qualification, you can gain a Master’s in Professional Accountancy from the University of London.

You’ll build on the commercial, strategic and creative skills the ACCA Qualification gives you – and develop both academic and professional perspectives that will give you unique opportunities in your career.

ACCA has also an approved employer program and it has 7291 approved employers around the world, also many companies in Oman are also ACCA approved employers.
You can find employment opportunities at approved employers as well as at many other companies.

As Dhofar University, we offer tuition and coaching for both qualifications; Foundations in Accountancy and ACCA Qualification. We have many experienced faculty members in Accounting and Finance department and we are in connection with active ACCA members as part-time instructors.
We use the materials from Content Providers approved by ACCA.
We approximately offer around 50- 60 credit hours for each subject, depending on the level and subject.

The fee per course will be 250 OMR, excluding the course materials. The course materials cost around 35 OMR

There are two registrations. The first is the registration to Dhofar University. You need to apply personally and fill in some forms.
The second is the registration to ACCA. You need to register directly to ACCA by using its website and upload your identity document and previous certificates. You need to make payment by credit card.

https://www.accaglobal.com/acca-registration-intro.html

Dhofar University
College of Commerce and Business Administration
Department of Accounting and Finance

Dr. Ilker Yilmaz: 23237416- Email: iyilmaz@du.edu.om
Dr. Mawih Al Ani: 23237405- Email: mawih@du.edu.om
For more information about ACCA, you can also visit www.accaglobal.com

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