WHAT IS THE ACCA KNOWLEDGE LEVEL? A GUIDE FOR ASPIRING ACCOUNTANTS

What Is the ACCA Knowledge Level? A Guide for Aspiring Accountants

What Is the ACCA Knowledge Level? A Guide for Aspiring Accountants

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ACCA Knowledge level — Entry Requirements


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ACCAs accessibility to diverse variety of students lies in its easily adaptable entry criteria.

Who is Eligible to Register for the Knowledge Level of ACCA?


ACCA Knowledge Level


  • (12th-grade students — commerce stream) — Students who have completed their high school education in the commerce stream can begin with the Knowledge Level.

  • Non-Accounting Graduates – If your degree lies outside of accounting and you are looking to enter into financial and accounting fields, Knowledge Level is an excellent entry point.

  • Working Professional: This level of study is best for working professionals in finance or accounting-related fields who do not have professional qualifications.


You might be exempt from one or more of the Knowledge Level exams if you already hold a degree in accounting or finance.

ACCA Knowledge Level exemptions


If you have previously studied accounting or related subjects, you could be eligible for exemptions from some Knowledge Level exams. If you have the right qualifications, ACCA can give you exemptions.

For example:

  • Graduates from Commerce (B. Com, BBA or MBA finance) may be exempt from Financial Accounting (FA) and Management Accounting (MA).

  • Exemption may be available to CA, CMA or other professional qualifications.

  • Students can refer to the ACCA Exemptions Calculator in ACCA official website to check if they were granted exemptions.


The ACCA Knowledge Level — Why You Should Start There


As a beginner in finance, Knowledge Level is a great choice. Here are the key benefits of this tier:

1. Deep Knowledge of Accounting and Finance


Depending on the growth path of ACCA, the knowledge level is the foundation stage that helps to provide an idea through financial and management accounting.

2. Flexible Learning and Flexible Exam Structure


The exams are on-demand, which means that the students prepare and take exams whenever they are ready.

3. Recognition and Opportunities for Advancement


While completing the full ACCA qualification is not necessary, the Knowledge Level is a stepping stone to help you land an entry-level role as an accountant, bookkeeper, and financial manager.

4. Eligibility to become a fully certified professional


The Knowledge Level would earn students the right to progress onto the Applied Skills Level to follow their path onto the member status of ACCA.

Career Opportunity After ACCA Knowledge Level


Even just completing the Knowledge Level is sufficient to progress to many entry-level positions, the bulk of which lie beyond:

  • Accounts Assistant

  • Junior Accountant

  • Finance Assistant

  • Bookkeeper

  • Tax Assistant


Students are advised to pursue further studies with Applied Skills and Strategic Professional Levels to become full ACCA members for better scope of work.

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