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ACCA OBU UPDATES

BSc Applied Accounting – changes to eligibility rules

Oxford Brookes University (OBU) recognises that 2020 has been challenging for many students. OBU have therefore considered how they might support students who wish to participate in the BSc Applied Accounting and have updated the eligibility rules for the programme.

To be eligible from May 2021 onwards, students must

Have passed Financial Reporting (was F7), Audit and Assurance (was F8) and Financial Management (was F9) ACCA examinations
Have passed, or gained exemption from, the other six papers at the Knowledge Level and Skills Level. Note that conditional exemptions do not qualify you to submit the Research and Analysis Project (RAP).
Have completed the ACCA Ethics and Professional Skills module (or the previous Professional Ethics module)
Demonstrate currency of knowledge by EITHER
- passing your RAP within 10 years of the earliest of: the date of your first ACCA examination pass, or the date of your first ACCA exemption being granted

o passing 3 ACCA (Applied Skills or Strategic Professional) examinations in the 5 year period before submission of your RAP

OBU recognises that the pandemic may have disrupted students’ studies and so has introduced another way in which students can demonstrate currency of knowledge.

The new rule is that a student must have passed 3 ACCA examinations in the last 5 years. The examinations can either be Applied Skills or Strategic Professional examinations (or a mixture of both). The award of the BSc Applied Accounting is based on the Applied Knowledge and Skills papers, this has not changed. By passing strategic professional papers you are demonstrating that your accounting knowledge is current.

There is no longer a requirement to have opted-in to the BSc Applied Accounting prior to sitting FR (was F7), FM (was F9) or AA (was F8). When you opt-in to the BSc on your MyACCA page you are agreeing to receive information about the programme. You can opt-out at any time.

Please note a new version of the 2020/21 Information Pack will be published in early January reflecting these new rules and both ACCA and OBU are in the process of updating their web pages.