acca 2019 full-time fees pillars · acca - first year (diploma in accounting and business) acca -...

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Do you want to be a Chartered Accountant in the shortest possible time? The Institute of Strategy, Accountancy and Finance (ISAF) is your answer. Become a world class and marketable professional through us. Only we have such a good and solid programme for you. Enjoy the benefits of working while you study. Many employers want work experience and qualifications. We provide you with both. Normal SAICA Route from High School CA(SA) ACCA 2019 FULL-TIME FEES WHAT DO I NEED TO GET STARTED? ISAF Accelerated Route · WHY ACCA ACCA is the global body for professional accountants. It aims to offer business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management. · HOW TO START For those with Matric and other High School Qualifications -You will need a minimum of level 3 in both English and Mathematics -If you did Maths Literacy, you will require a minimum of level 4 -Students who don't meet the minimum requirements can do a 'Foundation in Accountancy For those with undergraduate qualifications If you have completed a diploma, degree or equivalent that has finance content, you could be exempt from some or even a maximum of nine exams from the ACCA Qualification leaving you the Professional level exams to complete and time to focus on gaining your practical experience. Get in touch with our office and will gladly assist you to know what exemptions you likely to obtain. 1. ISAF accelerated qualifications to SAICA 2. Normal ACCA route. Foundation in Accountancy ACCA - First Year (Diploma in Accounting and Business) ACCA - Second Year (Advanced Diploma in Accounting and Business) ACCA - Third Year (Strategic Professional Level) R47,500 R47,500 R16,000 R16,000 3. Normal CIMA route. As a CIMA-qualified professional, you will be able to drive business success, by using your financial knowledge to influence strategic decisions and manage performance. You'll become part of a global organization, powered by two of the world's leading accounting bodies (AICPA and CIMA) which is working to make management accounting the most valued profession in business worldwide. To start the CIMA Professional Qualification, you require a qualification in either accounting or finance. This could either be: WORK EXPERIENCE 3 Years Articles + 2 Board Exams 3 Years BCom/BAcc or Bcom Degree 1-2 Years CTA 2 Years CIMA Qualifications 1 Year MSC Strategy + CPA Australia 1 Year CA(SA) CPA America 1 Year ITC SAICA Diploma in Cost and Management Accounting, Diploma in Accounting BCom/BCom Honours in Accounting, Management Accounting or any finance related Master's in Accounting or MBA The qualification syllabus was designed to encourage step by step development of finance and business knowledge as well as skills that are required by today's businesses. It has three pillars and four levels. WHAT WILL YOU LEARN? PILLARS As a Chartered Global Management Accountant (CGMA) you won't be just a number cruncher, but manage the future of a business. The pillars are therefore designed to cover not just finance, but a range of other business areas. Enterprise How to formulate and effectively implement the strategy. Performance How finance helps in formulating and effectively implementing the strategy. Financial How to prepare and interpret financial statements to make decisions. Chartered Global Management Accountant (CGMA) If you have a degree you do 1 Year ACCA 1 Year CIMA Qualifications 1 Year MSC Strategy + CPA Australia 1 Year CA(SA) CPA 1 Year ACCA

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Page 1: ACCA 2019 FULL-TIME FEES PILLARS · ACCA - First Year (Diploma in Accounting and Business) ACCA - Second Year (Advanced Diploma in Accounting and ACCA - Third Year (Strategic Professional

Do you want to be a Chartered Accountant in the shortest possible time? The

Institute of Strategy, Accountancy and Finance (ISAF) is your answer.

Become a world class and marketable professional through us. Only we have

such a good and solid programme for you. Enjoy the benefits of working while

you study. Many employers want work experience and qualifications. We

provide you with both.

Normal SAICA Route from High School CA(SA)

ACCA 2019 FULL-TIME FEES

WHAT DO I NEED TO GET STARTED?

ISAF Accelerated Route

· WHY ACCA

ACCA is the global body for professional accountants. It aims to

offer business-relevant, first-choice qualifications to people of

application, ability and ambition around the world who seek a

rewarding career in accountancy, finance and management.

· HOW TO START

For those with Matric and other High School Qualifications

-You will need a minimum of level 3 in both English and

Mathematics

-If you did Maths Literacy, you will require a minimum of level 4

-Students who don't meet the minimum requirements can do a

'Foundation in Accountancy

For those with undergraduate qualifications

If you have completed a diploma, degree or equivalent that has

finance content, you could be exempt from some or even a

maximum of nine exams from the ACCA Qualification leaving you

the Professional level exams to complete and time to focus on

gaining your practical experience. Get in touch with our office and

will gladly assist you to know what exemptions you likely to obtain.

1. ISAF accelerated qualifications to SAICA

2. Normal ACCA route.

Foundation in Accountancy

ACCA - First Year

(Diploma in

Accounting and

Business)

ACCA

- Second Year

(Advanced Diploma

in Accounting and

Business)

ACCA - Third Year

(Strategic

Professional Level)

R47,500R47,500R16,000R16,000

3. Normal CIMA route.

As a CIMA-qualified professional, you will be able to drive business success,

by using your financial knowledge to influence strategic decisions and

manage performance. You'll become part of a global organization, powered

by two of the world's leading accounting bodies (AICPA and CIMA) which is

working to make management accounting the most valued profession in

business worldwide.

To start the CIMA Professional Qualification, you require a qualification

in either accounting or finance. This could either be:

WO

RK

EX

PER

IEN

CE

3 Years

Articles

+ 2 Board

Exams

3 Years

BCom/BAcc or

Bcom Degree

1-2 Years

CTA

2 Years

CIMA

Qualifications

1 Year

MSC Strategy

+ CPA Australia

1 Year CA(SA)

CPA America

1 Year

ITC SAICA

Diploma in Cost and Management Accounting, Diploma in Accounting

BCom/BCom Honours in Accounting, Management Accounting or any

finance related

Master's in Accounting or MBA

The qualification syllabus was designed to

encourage step by step development of

finance and business knowledge as well as

skills that are required by today's

businesses. It has three pillars and four

levels.

WHAT WILL YOU LEARN?

PILLARS

As a Chartered Global Management Accountant (CGMA) you won't be just a

number cruncher, but manage the future of a business. The pillars are

therefore designed to cover not just finance, but a range of other business

areas.

EnterpriseHow to formulate and effectively implement the strategy.

PerformanceHow finance helps in formulating and effectively implementing the strategy.

Financial

How to prepare and interpret financial

statements to make decisions.

Chartered Global Management Accountant (CGMA)

If you

have a

degree

you do

1 Year

ACCA

1 Year

CIMA

Qualifications

1 Year

MSC Strategy

+ CPA Australia

1 Year

CA(SA)

CPA

1 Year

ACCA

Page 2: ACCA 2019 FULL-TIME FEES PILLARS · ACCA - First Year (Diploma in Accounting and Business) ACCA - Second Year (Advanced Diploma in Accounting and ACCA - Third Year (Strategic Professional

CIMA 2019 FULL-TIME FEES

CIMA

Certificate in

Business

CIMA

Diploma in

Business

Accounting

CIMA

Advanced Diploma

in Business

Accounting

CIMA

Strategic

Level

R34,000R30,000R30,000R25,000

LEVELS

The levels encourage progressive, constant development of knowledge,

ensuring you have exactly the skills businesses need

.

Operational

How to prepare financial statements, provide management accounting

information, and use appropriate tools for decision making through a

broad understanding of business. After successfully completing this level,

you will receive the CIMA Diploma in Management Accounting.

Management

How to prepare group accounts, make pricing and product decisions

based on a robust analysis, and manage projects and relationships. On

completion, you receive the CIMA Advanced Diploma in Management

Accounting.

Strategic

How to formulate financial strategy and manage strategic relationships

while managing risk, using the competencies gained at operational and

management levels.

Test of professional competence: Bridges the gap between 'knowing' and

'doing', combining finance and business knowledge to help you inform

and forecast business strategy. On completion, you can be one of the

Chartered Global Management Accountants with the designation letters

ACMA and CGMA.

3. CIMA Professional Gateway

Professional gateway route

The professional gateway route is the accelerated entry route to the CIMA

Professional Qualification and the globally recognised CGMA designation.

This accelerated route is open to members and passed finalists of

professional bodies which are both:

· A member of the International Federation of Accountants (IFAC)

· An examining body

Find out if your professional body is eligible with our exemptions search.

How does it work?

Eligible individuals are required to take the CIMA Gateway Exam (also

known as the Management Level Case Study exam for those who are not

on the accelerated route). The CIMA Gateway Exam is:

· a computer based case study exam

· three hours long

· available in four windows a year

· assesses knowledge and competencies covered in the Management

level of the CIMA Professional Qualification.

Once you have passed the CIMA Gateway Exam, you will be granted 11

exemptions that include subjects from the certificate level, operational and

management level exams, allowing you to progress straight to the strategic

level of the CIMA Professional Qualification.

How much does it cost?

The cost for the professional gateway assessment route is GBP425. This cost

includes:

· Your CIMA student registration fee

· One attempt at the exam (valid for two years)

· All 11 exemptions from certificate, operational and management

level exams after successfully passing the CIMA Gateway Exam

How to get started

· You must register as a CIMA student (using the 'gateway route'

option) and submit documents proving your eligibility for this

route. Documents you will need to include:

- Complete transcripts (mark sheets) for all years

- Graduation certificate or a letter from your University confirming

completion

· You will be emailed with full details of how to submit your

documents to CIMA after completing your registration.

· Once your documents have been reviewed and approved you will

then be confirmed onto the gateway route and will be eligible to

schedule the CIMA Gateway Exam.

4. CIMA-SAICA conversion

SAICA & CIMA have refreshed their long-standing cross membership

agreement. With effect from 25 May 2017, Chartered Global Management

Accountants (CGMAs) wishing to use the CA(SA) designation may do so as

early as this year.

A single exam for a CGMA to qualify as CA(SA)? YES you can!

A single exam for a CA(SA) to qualify as CGMA? YES you can!

Prepare for this exam by studying with COCA? YES and join the league of

EXTRAORDINAIRES!

SAICA & CIMA have refreshed their long-standing cross membership

agreement. With effect from 25 May 2017, Chartered Global Management

Accountants (CGMAs) wishing to use the CA(SA) designation may do so as

early as this year. Concomitantly, CA(SA)s wishing to use the CGMA

designation can do the same.

ISAF is spearheading this process through by providing tuition for the

conversion process for both CGMAs and CA(SA)s because our passion lies

in ensuring that education is a top priority on the African continent.

Symbolically, this agreement was signed on the 25th of May, Africa Day!

You will cover 5 CTA modules plus the ITC board course at a total cost of

R27,600.00 excluding a registration fee of R500.00

25% of the fees is payable upfront and the balance payable in 6

instalments. Our classes for the board course commence in April 2019. The

timetable will be communicated with the registered students.

To those converting from SAICA to CIMA the total fee is payable directly to

CIMA and communication is to be made to Lebo @ lebo.rakgekola@aicpa-

cima.com

5. UNISA CTMA GRADUATES

CTMA takes you directly to the CIMA gateway exam. ISAF prepares

you to pass the CTMA exams and the CIMA exams to help you

qualify.

Program takes two years from the CTMA which covers a year plus a

year for the CIMA last 5 modules.

What is CTMA

CTMA stands for Certificate in the Theory of Management

Accounting. It is based on the Strategic level content of the CIMA

qualification.

CTMA has 5 modules each at an annual cost of R4, 600.00, the full

course costs R22, 000.00.

Registration fee of R500 is charged.

For the cross-over from CTMA to CIMA the cost is R40, 000.00 and

a registration fee of R500 for non-former students. No registration

fee is payable by former students.