High quality training tailored to meet the needs of the economy based on 

the world's leading brands in professional education 

Training graduates for:

Internationally recognised professional qualifications

Business Education Language Excellence Centre

ACCACIMA

BECICFE

GARPIFRS (CertIFR DipIFR)

ILECCGESIELTS

R i d Fi tApprovedLearning

RecognisedTrainingprovider

First group of risk

managersPartner of ACCA

since 2002

provider since 2009

managersqualified 2011

since 2002

Step up to your futurein finance and accountingin finance and accounting

Association of Chartered Certified Accountants (ACCA, UK)

About ACCA• ACCA ‐ Association of Chartered Certified Accountants

• founded in 1904

• worldwide acceptance as a professional

f t t i / l t i t ti l f i l• fastest growing / largest international professional 

accountancy body

• 370,000 members and students in 170 countries

• over 200 examination centers worldwide

ACCA A Global Organization with a Local PresenceA Global Organization with a Local Presence

LondonMoscowGlasgow

Dublin

Los Angeles

TorontoLondon

Paris

SliemaNicosia Lahore

D lhi

ShanghaiBeijingGuangzhou

Dublin*Prague

IAB CentreYerevan

Port of SpainAccra

NairobiKampalaColombo

Karachi Delhi Hong Kong

SingaporeKuala Lumpur

Lusaka Harare Port LouisJohannesburg

GaboroneSydney

2/28/2012 4:54 PM © ACCA presentation Slide 7

ACCA Qualification SyllabusACCA Qualification SyllabusFUNDAMENTAL LEVEL PROFESSIONAL LEVEL

KNOWLEDGE

• F1 Accountant in Business

ESSENTIALS – All 3 papers must be completed

• P1 Professional Accountant• F2 Management Accounting• F3 Financial Accounting

• P2 Corporate Reporting • P3 Business Analysis

SKILLS

• F4 Corporate and Business Law

OPTIONS ‐ Any 2 of 4 papers

• P4 Advanced Financial Management• F4 Corporate and Business Law• F5 Performance Management • F6 Taxation• F7 Financial Reporting

P4 Advanced Financial Management• P5 Advanced Performance Management• P6 Advanced Taxation• P7 Advanced Audit and AssuranceF7 Financial Reporting

• F8 Audit and Assurance• F9 Financial Management

ACCA structure 

MEMBERSHIP This is the of ACCA goal

EXAMS ETHICS PRACTICALEXPERIENCEEXAMS EXPERIENCE

Knowledge ModuleComputer-based(CBE)

Paper-based(PBE)

Skills ModuleProfessional Level

Paper-based

Online module 3 years of relevant experience p ( )

examsPaper based exams (PBE)

AWARD STRUCTURE FOLLOWING DECEMBER 2011 EXAM DIET

AFFILIATE OR FULL MEMBER OF ACCA PER requirements

Chartered Certified Accountant

BSc Applied Accounting O f d B k

Pass 2 out of 4 Options papers

Pass  P1, P2 and P3

Pass  F4 TO F9

Oxford Brookes University, UK 

ADVANCED DIPLOMA IN ACCOUNTING AND FINANCE

DIPLOMA IN ACCOUNTING AND BUSINESS

Complete online ‘Ethics Module’ Requires:Proof of English (e.g. F4)Research and Analysis 

Complete online ‘Foundations in Professionalism

Pass  F1, F2 and F3 paper

Entry levelFor example, University degree

There are alternative entry levels for school 

leavers

ACCA Benefits for StudentsACCA Benefits for Students

• Membership of the world’s largest, fastest-growing internationally recognized professional accountancy body

• Lifelong learning opportunities

I d t• Improved career prospect

• Worldwide acceptance as aprofessional

• Global mobility

“It’s not just about the letters after your name, but about what they stand for in the wider world of business ”world of business.”

Sarah-Jane Andersen, ACCA

Accountant, Selfridges

ACCA B fi f E lACCA Benefits for Employers

• Adds value to your business

• Ensures professionalism

I t ti l ti• International perspective

• Prepares staff for the future

“O i t t i lit fi t i i“Our investment in quality finance training, in partnership with ACCA, ensures that our employees keep us competitive.”

James Magill, HR, Accenture

Slide 12

James Magill, HR, Accenture

Chartered Institute of Management Accountants (CIMA, UK)

Chartered Institute of Management Accountants (CIMA)

• Established in London in 1919.

• Largest global professional institute for Management Accountants.

• 171 000 members and students in 165 countries• 171,000 members and students in 165 countries

• Professional qualification with a syllabus and examinations that focus on

the education and training of management accountants in business.

CIMA graduates are educated in a wide range of business disciplines, including  areas not usually associated with accounting such as 

marketing and human resource management.g g

CIMA compared to academic qualifications

CIMA MBA (with major in finance)

O l b l d d Recognition depends on reputation of the university

One global standard recognised world‐wide

Recognised globally in 165 countries

Qualification process ‐ overview

TOPFinal qualification process

MA

Professional examinations9 subjects

Two exit levels3 to 4 years

9 subjectsPaper‐based 

exams

Entry LevelCertificate in Business AccountingFive subjects (computer‐based exams)

Entry levelP t fPass or exempt from:

Certificate in Business Accounting (CBA) 

d l f i• C01 Fundamentals of Management Accounting• C02 Fundamentals of Financial Accounting• C03 Fundamentals of Business Mathematics• C04 Fundamentals of Business Economics• C04 Fundamentals of Business Economics• C05 Fundamentals of Ethics, Corporate Governance and Law

CBA examinations must be taken at a recognised Computer‐Based Assessment centre

IAB C tIAB Centre 

TOPCIMA

–Member of the Chartered Institute of Management Accountants

TOPCIMAPart A 

Practical ExperiencePart B 

Case Study Exam

‐Paper F3 Financial Strategy

‐Paper P3 PerformanceStrategy

‐Paper E3 Enterprise StrategySt

rategic

Leve

l

‐Paper P2 ‐Paper F2eme n

te l ‐Paper E2

‐CIMA Advanced Diploma in Management Accounting

Paper P2 Performance Management

Paper F2 Financial

Management

Man

a ge

Leve Paper E2 

EnterpriseManagement

‐CIMA Diploma in Management Accounting

‐Paper P1 Performance Operations

‐Paper F1 FinancialOperations

‐Paper E1 Enterprise Operations

p g g

pO

erati ona

lLe

vel

Performance Pillar Financial PillarEnterprise Pillar

O

The new professional exam structure

Global Association of Risk ProfessionalsGlobal Association of Risk Professionals(GARP, USA)

• Founded in 1996

• Is the only globally recognized membership association for risk managers

• Over 150,000 members, from 195 countries and territories.

• Members are employed by commercial banks, central banks, p y yinvestment banks, asset management firms, corporations, government agencies, and academic institutions

• Certification and education programs are developed and kept current by practitioner oversight committees.

Risk Certification Program  • how banks operate• how banks operate

• how they're governed

• how they're regulatedhow they re regulated

• how international regulation, including the Basel Accords, affect the

management of these risks:g• Credit risks• Market risks• Operational risks

• Professionals in non-risk groups: Accounting, Audit, Compliance, IT, Legal,

Operations, Portfolio Management, Research, Sales, Trading

• Student pursuing a career in the financial markets• Student pursuing a career in the financial markets

• Anyone interested in a Banking Risk

International Certificate in Banking Risk and Regulation (ICBRR)Regulation (ICBRR)

Delivers a deep, qualitative understanding of risk managementmethodologies, governance structures for the management ofrisk in banks, and the regulatory principles outlined by the BaselC itt B ki S i iCommittee on Banking Supervision.

• Market risk management

• Credit risk management

• Integrated risk managementIntegrated risk management

• Operational risk management

International Certificate in Banking Risk and Regulation (ICBRR)Regulation (ICBRR)

P f i l i b ki fi i l i b ki l t• Professionals in banking, financial services, banking regulatory

agencies, consulting firms, government organizations and agencies,

central banks and academic institutionscentral banks and academic institutions

• Professionals in non-risk groups: accounting, audit, compliance, IT,

l l ti tf li t h l d t dilegal, operations, portfolio management, research, sales and trading

• Bankers, traders, portfolio managers, risk managers

ACCA Qualifications in International Financial Reporting Standards (IFRS)

Global importance of IFRSAdopted in more than 100 countriesMandatory in many jurisdictionsAvailable in 45 languages, including: Chinese, Japanese, Arabic, Russian and GreekUS GAAP to be phased out in favour of IFRS by the end of 2014

ACCA’s single subject qualifications include:

• Certificate in International Financial Reporting (CertIFR)

Di l i I t ti l Fi i l R ti (Di IFR)• Diploma in International Financial Reporting (DipIFR)

ACCA Qualifications in International Financial Reporting Standards (IFRS)

C tIFRCertIFR• No previous qualifications required• Broad introduction to IFRS• One hour online exam (mainly knowledge based) at any time• One‐hour online exam (mainly knowledge based) at any time• ACCA fee for assessment = £125 (allows three attempts at exam)• Pass mark = 50%• Recommended study hours = 20

DipIFR

Recommended study hours   20

• Eligibility criteria includes holding the CertIFR• Registration fee £177, allows one attempt at exam• Students need to develop application and analysis skills• Assessment (in June and December) 3‐hour written exam paper• Pass mark 50%• Recommended study hours = 30

Why IAB Centre?

• Approved ACCA CIMA GARP Learning Partner• Approved ACCA, CIMA, GARP Learning Partner

• Highly professional training team• Exam success rates exceed worldwide averages• Highly professional training team

• Interactive teaching method

• User-friendly training materials• Licensed ACCA, CIMA CBE Centre

Association of Chartered Certified Accountants (ACCA)

IAB students’ performance is monitored by ACCA

An article published in ACCA’s News Europe October 2008An article published in ACCA’s News Europe – October 2008

“The International Accountancy and Business Centre (IAB Centre, Armenia), ACCA’s Gold Approved Learning Partner, 

has achieved the Platinum pass rate targets for the first time h i ”at the June 2008 session.”

Proposal for ACCA studies ‐ Tajikistan

Jun ‐ Aug 

• Intensive English language training• 120 hours in total – block release basis

2012

• F1 Accountant in Business Block release

Sep –Dec 2012

• F2 Management Accounting• F3 Financial Accounting (INT)

30 hours each paper over 5 days12 hours revision per paper

Online module – Foundations in Professionalism

ACCA Di l i A ti d B iACCA Diploma in Accounting and Business

Proposal for ACCA studies ‐ Tajikistan

Skills ModuleSkills ModuleAll course on a block release basis. 36 hours per paper over 6 days

12 hours revision per paper prior to the examination

Mar –Jun 2013

• F7 Financial Reporting (INT)• F6 Taxation (UK)

2013

Sep ‐ Dec

• F5 Performance Management• F9 Financial ManagementSep  Dec 

2013

• F4 Corporate and Business Law (GLO)Mar‐ Jun 2014

• F8 Audit and Assurance (INT)

Online Professional Ethics Module

ACCA Advanced Diploma in Accounting and Business

Thank youThank you

From IAB Centre

www.iabcentre.com