Association of Chartered Certified Accountants (ACCA)

ABOUT

ACCA

Efficiency, sustainability, profitability, and transparency all closely depend on the quality of your accounting. Skilled accountants are necessary to prepare the figures for budgeting, hiring, growing, borrowing, buying and pricing. These skills are developed in the international ACCA program the best investment you can make.

Competitive advantage for you and your business

ACCA embeds the global accounting education standards set by the International Federation of Accountants, and is one of the most valued professional qualifications for finance managers, accountants, and auditors.

Students who have completed Fundamentals level papers are eligible to obtain a BSC Degree in Applied Accounting from Oxford Brooks University, a recognized and highly respected UK University.

For those interested, a local qualification from the Kampuchea Institute of Certified Public Accountants and Auditors and the Ministry of Economic and Finance can be earned at the same time.

Students

Applicants with a bachelor or master degree in a related subject from an approved university and at least one year professional experience are invited to apply. Completion of an entrance exam is required. The entrance exam includes tests of English and math.

The Qualification

The ACCA Qualification is your route to professional status. It is designed to provide the accounting knowledge, skills and professional values which will deliver finance professionals who are capable of building successful careers across all sectors.

The ACCA qualification indicates a high level of expertise level and authorizes an accountant to legally engage in private or public practice. ACCA (the Association of Chartered Certified Accountants) has signed a joint examination scheme agreement with Kampuchea Institute of CPAs and Auditors (KICPAA) and the National Accounting Council (NAC) of the Ministry of Economy and Finance, Cambodia

Application For New Student

Program: ACCA | Deadline: July 5, 2024  Apply Now

The Courses

The following courses may be taken individually, but in numerical order up to four papers may be taken simultaneously. Exemptions may be available for graduates holding a degree or higher.

Course Description & Skills Acquired

Fundamentals Papers: Knowledge

Course Description Skills Acquired ACCA Performance Objectives
BT/FBT Business and Technology

This is a course on business functions and organizational structures, with a strong emphasis on managing people and business strategy.

  • Motivating individuals and teams
  • Principles of business strategy
  • Principles of corporate governance
  • Ethics and professionalism (PO 1)
  • Stakeholder relationship management (PO 2)
  • Governance, risk and control (PO 4)
  • Leadership and management (PO 5)
  • Data analysis and decision support (PO 22)
MA/FMA Management Accounting
This course reviews costing techniques, progressing to budgeting, standard costing and variance analysis.
  • Budget preparation
  • Budget control and reporting
  • Standard costing, variance analysis
  • Ethics and professionalism (PO 1)
  • Evaluate management accounting systems (PO 12)
  • Plan and control performance (PO 13)
  • Monitor performance (PO 14)
  • Data analysis and decision support (PO 22)
FA/FFA Financial Accounting
Students learn the basics of how to prepare financial statements follwing IFRS, focusing on the income statement and balance sheet.
  • Preparing a balance sheet
  • Preparing an income statement
  • Correcting accounting errors
  • Ethics and professionalism (PO 1)
  • Record and process transactions and events (PO 6)
  • Prepare external financial reports (PO 7)
  • Analyse and interpret financial reports (PO 8)

Fundamentals Papers: Skills

Course Description Skills Acquired ACCA Performance Objectives
LW Diploma in Cambodian Business Law
This course covers corporate law essentials, such as employment law, contract, formation of a business, and corporate governance.
  • Company formation
  • Labor contract management
  • Rights and responsibilities under contracts
  • Ethics and professionalism (PO 1)
  • Governance, risk and control (PO 4)
PM Performance Management
Continuing from MA, this course develops budgeting and costing skills with in-depth study of variance analysis and how to manage performance controls.
  • Absorption costing, marginal costing
  • Process costing, service costing
  • Cash budgeting
  • Ethics and professionalism (PO 1)
  • Evaluate management accounting systems (PO 12)
  • Plan and control performance (PO 13)
  • Monitor performance (PO 14)
  • Data analysis and decision support (PO 22)
TX Diploma in Cambodian Tax
Accredited by the ACCA, this course covers tax skills required of a professional accountant: tax on profit, salary tax, tax exemptions, specific taxes, and the tax legal framework.
  • Calculation of tax on profit
  • Determination of withholding tax
  • Determining tax on salary and benefits
  • Ethics and professionalism (PO 1)
  • Tax computations and assessments (PO 15)
  • Tax compliance and verification (PO 16)
  • Tax planning and advice (PO 17)
FR Financial Reporting
FR continues from FA. Students learn to prepare an IFRS compliant balance sheet, income statement, statement of changes in equity, and cash flow statement. FR introduces consolidated financial statements.
  • Consolidation of subsidiaries
  • Accounting for construction, leases, revaluation, impairment, financial instruments, provisions, tax.
  • Ethics and professionalism (PO 1)
  • Stakeholder relationship management (PO 2)
  • Record and process transactions and events (PO 6)
  • Prepare external financial reports (PO 7)
  • Analyse and interpret financial reports (PO 8)
AA Auditing and Assurance
This course covers purpose of audit, duties of the auditor, the process of an audit of financial statements, audit planning, evaluating internal controls, collection of audit evidence and audit reporting.
  • Assessment of risk of misstatement
  • Evaluation of internal controls
  • Identification of evidence to meet audit objectives
  • Ethics and professionalism (PO 1)
  • Governance, risk and control (PO 4)
  • Prepare for and plan the audit and assurance process (PO 18)
  • Collect and evaluate evidence for an audit or assurance engagement (PO 19)
  • Review and report on the findings of an audit or assurance engagement (PO 20)
FM Financial Management
The FM course studies investment, business finance, and working capital management. Investment skills developed include discounted cash flow techniques.
  • Investment and project valuation
  • Determining sources of finance
  • Estimation of cost of capital
  • Ethics and professionalism (PO 1)
  • Evaluate investment and financing decision (PO 9)
  • Manage and control working capital (PO10)
  • Identify and manage financial risk (PO 11)
  • Data analysis and decision support (PO 22)

Professional Papers: Essentials

Course Description Skills Acquired ACCA Performance Objectives
SBR Strategic Business Reporting
With focus on IFRS reporting, this course teaches, applies and evaluates the principles and practices that underpin the preparation and interpretation of corporate reports.
  • Fundamental ethical and professional principles
  • Appropriated evaluation of the financial reporting framework
  • Judgment in the reporting of the financial performance
  • Preparing the financial statements of groups
  • Ethics and professionalism (PO 1)
  • Stakeholder relationship management (PO2)
  • Record and process transactions and events (PO 6)
  • Prepare external financial reports (PO 7)
  • Analyse and interpret financial reports (PO 8)
SBL Strategic Business Leader
In SBL, students learn to demonstrate organisational leadership and senior consultancy or advisory capabilities and relevant professional skills, through the context of an integrated case study.
  • Leadership and ethical skills
  • Evaluation of corporate governance
  • Evaluation of the organizational strategic position
  • Analysis of the risk of the organization
  • Information technologies and data analytics
  • Innovation, performance excellence and change management
  • Ethics and professionalism (PO 1)
  • Stakeholder relationship management (PO2)
  • Strategy and innovation (PO 3)
  • Governance, risk and control (PO 4)
  • Leadership and management (PO 5)
  • Evaluate investment and financing decisions (PO 9)
  • Identify and manage financial risk (PO 11)
  • Evaluate management accounting systems (PO 12)
  • Plan and control performance (PO 13)
  • Review and report on the findings of an audit or assurance engagement (PO 20)
  • Business advisory (PO 21)
  • Data analysis and decision support (PO 22)

Professional Papers: Options

Course Description Skills Acquired ACCA Performance Objectives
AFM Advanced Financial Management
The first part of AFM focuses on business valuation using advanced discounted cash flow techniques. The second part is hedging and risk management.
  • Business valuation
  • Evaluation of acquisitions and disposals
  • Constructing currency and interest rate hedges
  • Ethics and professionalism (PO 1)
  • Stakeholder relationship management (PO2)
  • Strategy and innovation (PO 3)
  • Leadership and management (PO 5)
  • Evaluate investment and financing decisions (PO 9)
  • Identify and manage financial risk (PO 11)
  • Business advisory (PO 21)
  • Data analysis and decision support (PO 22)
APM Advanced Performance Management
APM continues from PM, moving from an operational perspective to a strategic perspective, covering performance measurement system design and strategic performance measurement.
  • Appraisal of budget and control systems
  • Designing and evaluating strategic performance management
  • Ethics and professionalism (PO 1)
  • Strategy and innovation (PO 3)
  • Leadership and management (PO 5)
  • Evaluate management accounting systems (PO 12)
  • Plan and control performance (PO 13)
  • Monitor performance (PO 14)
  • Business advisory (PO 21)
  • Data analysis and decision support (PO 22)

Performance Objectives

To become an ACCA member, candidates must successfully complete the ACCA performance objectives, Performance objectives are work performance achievements required of ACCA students and affiliates to achieve ACCA membership. ACCA candidates will achieve and record achievement of the ACCA performance objectives under the guidance of a qualified supervisor. ACCA candidates are required to achieve nine performance objectives – all five essentials performance objectives and any four technical performance objectives. Learn more about the ACCA performance objectives here: https://www.accaglobal.com/vn/en/student/practical-experience-per/performance-objectives.html

Study Schedule for Term: JULY - DECEMBER 2024

Course Lecturer Day and Time First Day of Class Status
Foundations in Business and Technology (BT/FBT) Juliet Cadungog Uy Class K: Sunday 13:00 – 16:30 Sunday, July 28 2024 Physical
Management Accounting (MA/FMA) Maria Isabelita Manzon Cabrera Class I: Wednesday 18:00 – 21:00
Saturday 17:00 – 20:00
Wednesday, July 24 2024 Hybrid
Financial Accounting (FA/FFA) Ronald Almera Class K: Saturday 13:00 – 16:00 Saturday, July 27 2024 Physical
Diploma in Cambodian Business Law (CBL)
(Study Plan)
Prum Virak, Chhun Sambath, Seng Tola Class E (English ) : Sunday 13:30 – 16:30 Sunday, July 21 2024 Physical
Class F (Khmer ) : Sunday 17:00 – 20:00 Sunday, July 21 2024 Physical
Diploma in Cambodian Tax (CTX)
(Study Plan)
Eng Ratana, Eng Tita, Song Kosal, Sim Laysym Class A (English) : Saturday 13:30 – 16:30 Sunday, July 28 2024 Physical
Class B (Khmer) : Saturday 17:00 – 20:00 Sunday, July 28 2024 Physical
Financial Reporting (FR) Casey Barnett Class K: Saturday 17:00 – 20:00 Saturday, July 27 2024 Physical
Financial Management (FM)
(Study Plan)
Oviyan Ilancheran Saturday: 12:30 – 16:00
Sunday: 08:00 – 11:30
Sunday, July 21 2024 Hybrid
(Study Plan Base)
Performance Management (PM)
(Study Plan)
Maria Isabelita Manzon Cabrera Monday, Thursday 18:00 – 21:00 Monday, July 22 2024 Hybrid
Auditing and Assurance (AA)
(Study Plan)
Maria Isabelita Manzon Cabrera Tuesday, Friday 18:00 – 21:00 Tuesday, July 23 2024 Hybrid
Strategic Business Leader (SBL)
(Study Plan)
Parmindar Singh Saturday 13:00-17:00 & 18:00 – 21:00
Sunday 8:00-11:30 & 12:30 -16:00
Saturday, July 27 2024 Hybrid
(Study Plan Base)
Strategic Business Reporting (SBR)
(Study Plan)
Roy Goh Saturday: 17:00-20:30
Sunday: 12:30-16:00
Sunday, January 28 2024 Hybrid
(Study Plan Base)
Advanced Financial Management (AFM)
(Study Plan)
Oviyan Ilancheran Saturday: 16:30 – 20:00
Sunday: 12:30 – 16:00
Sunday, July 21 2024 Hybrid
(Study Plan Base)
Advanced Performance Management (APM)
(Study Plan)
Roy Goh Saturday 12:30-16:00
Sunday 08:00 – 11:30
Sunday, July 21 2024 Hybrid
(Study Plan Base)

Tuition & Exam Fees

FUNDAMENTAL LEVEL Regular Fee
FUNDAMENTALS KNOWLEDGE Tuition Fee Exam / UK Fee
ACCA Initial Registration $ – $ 63
Annual Subscription Fee for 4 years $ – $ 988
Foundations in Business and Technology (FBT/BT) $ 459 $ 191
Management Accounting (FMA/MA) $ 459 $ 191
Financial Accounting (FFA/FA) $ 459 $ 191
Subtotal $ 1377 $ 1,624
FUNDAMENTALS SKILLS Tuition Fee Exam / UK Fee
Diploma in Cambodian Business Law (F4) $ 499 $ 159
Diploma in Cambodian Tax (F6) $ 499 $ 159
Performance Management (PM) $ 519 $ 276
Financial Report (FR) $ 519 $ 276
Auditing and Assurance (AA) $ 519 $ 276
Financial Management (FM) $ 519 $ 276
Subtotal $ 3,074 $ 1,422
 
PROFESSIONAL LEVEL Regular Fee
PROFESSIONAL ESSENTIALS Tuition Fee Exam / UK Fee
Strategic Business Leader (SBL) $ 599 $ 489
Strategic Business Reporting (SBR) $ 599 $ 360
PROFESSIONAL OPTIONS Tuition Fee Exam / UK Fee
Advanced Performance Management (APM) $ 599 $ 360
Advanced Financial Management (AFM) $ 599 $ 360
Advanced Audit and Assurance (AAA) $ 599 $ 360
Subtotal (for 4 courses only)  $ 2,396 $ 1,569
TOTAL PROGRAM FEE $ 6,847 $ 4,615
  $ 11,462
Save $2,870 if student pays full program fee. No impact on fee increase for the full program payment.
General Term & Condition:
  1. Terms and Conditions apply.
  2. 40% discount on tuition fee for any classes retake. This discount rate is subject to change from 2026.
  3. Fees increase 8%- 10% annually to cover cost and inflation. There is no tuition fee increase for students who pay the full program.
Free of Charge:
  1. 7-day a week Internet use
  2. 7-day a week library use
  3. Career services support
Full Program Fee:

Term & Condition:

  1. Student has to fully pay all program fee before the semester starts.
  2. Any corporate fee,  discount or scholarship cannot be combined with the full program fee.
  3. Student has to take at least one course together with an exam in each semester.
  4. The paid program fee is valid only for 8 semesters or 4 years. Student is required to pay for any retake course.
  5. Fee Paid cannot be refunded or transferred to other students.