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)
R47,500R47,500R16,000R16,000
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
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.