ACCA Booklet

in collaboration with

Commencement Dates and Venue1

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IntroductionContinuing its innovative and dynamic approach, taking full advantage of its position and connections and with the enduring passion to serve the community, Jeddah Community College (JCC) is launching its International Professional Qualifications Program.

To accomplish this, JCC has entered into a strategic collaboration with Ernst & Young, an internationally renowned name in the fields of Assurance, Accounting and Consulting services.

Our initial focus is on Accountancy and Finance starting from Association of Chartered Certified Accountants (ACCA). Our existing courses at Business Information Technology (BIT) department are instrumental for us to start from ACCA as our curriculum for Associate Degree in Accounting is largely based on ACCA structure. ACCA, acknowledging our efforts and recognizing the quality of our study and examination structure is already giving our graduates exemption of four papers.

We are confident that our venturing into the main stream ACCA qualification will provide the community unrivalled opportunity of excellent learning experience, best results, highest level of professionalism and increased employability, all leading to a vibrant society and stronger nation.

Vision To be the first choice for all international professional qualifications aspirants being recognized for provision of all necessary business skills and knowledge needed by the community.

MissionTo provide excellent quality study programs, focusing on best results for the top accounting and finance professional qualifications worldwide.

Objectives

Offer well-structured tuition solutions for candidates of different professional qualifications

Committed to excellent and the best teaching resources

Achieving highest results

Assisting candidates in their career pursuits and mentoring

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Commencement Dates and Venue1

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01. What is ACCA?

02. Examination subjects

03. Entry requirements

04. How to apply?

05. Registration deadlines

06. Exemptions

07. Assessment

08. The examination process

09. Experience requirements

10. Commencement dates and venue

11. Course fee structure

12. Terms and condition

13. Registration form

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What is ACCA?

The Association of Chartered Certified Accountants (ACCA) is the largest and fastest growing global professional accountancy body. There are over 428,000 students and 162,000 members in 173 countries.

In the Middle East region there are more than 7,500 students, affiliates and members. ACCAs reputation and influence are respected worldwide by employers, governments and the profession itself.

Examination subjects

Students will have to complete 14 papers in total. Nine Fundamentals and Five Professional level papers.

Fundamentals level (nine papers in total) Professionals level (five papers in total)

Knowledge module

Paper F1 Paper F2 Paper F3

Accountant in Business

Management Accounting

Financial Accounting

Foundations in Professionalism

Essential module

Paper P1 Paper P2 Paper P3

Governance, Risk and Ethics

Corporate Reporting

Business Analysis

Optional module (Two out of four options)

Paper P4 Paper P6

Advanced Financial Management

Advanced Taxation

Paper P5 Paper P7

Advanced Performance Management

Advanced Audit and Assurance

Practical Experience Requirements (PER)

Paper F7 Paper F8 Paper F9

Financial Reporting

Audit and Assurance

Financial Management

Professional Ethics Module

Skills module

Paper F4 Paper F5 Paper F6

Corporate and Business Law

Performance Management

Taxation

Award Diploma in Accounting and Business

Award Advanced Diploma in Accounting and Business Bsc (Hons) in Applied Accounting from Oxford Brookes University*Conditions apply

ACCA member

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Step 1

Step 2

For entry to ACCAs professional qualification, students must meet at least one of the criterion shown below:

Degree ( from a recognized institution)

2 UK A levels and 3 GCSEs (5 separate subjects including English and Mathematics), or equivalent.

How to apply

Entry requirments

Register online as a student member with ACCA and submit the initial registration fee directly to ACCA (UK)

For more information, please visit: www.accaglobal.com

A student may register with JCC for our exam preparatory course as per the registration deadlines and is required to submit the following documents:

2 passport size photographs

Copy of ID

Copies of transcripts, completion certificates issued by the awarding body

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Jeddah Community College

15 May to 15 July for the December exam session

15 November to 15 January for the June exam session

ACCA UK (initial registration)

Candidates can apply online for the ACCA student membership at any time during the year

Registration deadlines

Exemptions

Students previous qualifications may entitle them to exemptions from certain ACCA examinations (a maximum of 9 papers in the fundamentals level are available for exemption). This will ensure that their point of entry is the most suitable for their level of knowledge and skills and will prevent them from repeating areas with which they are already familiar.

Students who have completed the AAT/CAT qualification/FIADiploma in Accounting and Business are exempted from the Knowledge module in full.

ACCAs exemption policy is subject to change and assessments may be revised without prior notice. Students are strongly advised to obtain written confirmation of their exemption status from ACCA before embarking on any course of study. Students will be required to pay an exemption fee for each paper awarded. Exemption fees are the same as examination fees.

Key Exemptions Exemption

Associate Degree in Accountancy from J.C.C F1F4

SOCPA member F1F3

CMA member F1F5 and F9

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Assessment

Computer-based exams: Computer-based exams (CBEs) are available for F1, F2, F3 and F4 papers and students can sit these at any time of the year. J.C.C is an approved ACCA Computer Based Examination (CBE) Centre. Although students can sit computer-based exams at any time, they will still need to ensure that they are registered as a student with ACCA and in possession of their student registration number.

Paper-based exams: From 2016 Paper-based exams can be taken four times a year. Please refer below for paper based exam entry methods. i.e., (June and December)

Exam Entry Period Early Standard Late

June exam session 8 March 9 March to 8 April 9 April to 8 May

December exam session 8 September 9 September. to 8 October 9 October. to 8 November

Exam entry method Online only Online and paper Online only

Exam entry deadlines (Applicable to paper- based exams only)

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The examination process

Students have seven years to complete all Professionals examinations papers after passing first Professional exam; However, there is no time limit for fundamental level exams.

The pass mark for all papers is 50%

Students may attempt a maximum of four exams at any one sitting

Students are expected to study each module, Knowledge, Skills, Essentials and Options, in order

Students may vary the order they attempt exams within each module, but they may not vary the order of the modules as mentioned above. However, ACCA strongly recommends that papers within a module are taken in order

From 2016, there will be four examinations session every year i.e., March, June, September and December

Experience requirements

To become a Chartered Certified Accountant, students must complete the Ethics module and satisfy ACCAs practical training requirements, in addition to passing the professional examinations.

Professional Ethics Module Practical Experience Requirement (PER)

As part of their ethical development, students are required to complete a Professional Ethics Module, developed by ACCA. Students will be given access to the Professional Ethics Module as soon as they become eligible to take Paper P1, Governance, Risk and Ethics. It is recommended that students take the Professional Ethics Module at the same time as, or before, the Governance, Risk and Ethics is taken. While students have the flexibility to complete the ethics module at their own convenience, it must be completed before applying for full ACCA membership, and before finishing the Oxford Brookes University BSc Degree.

Students must:

Gain a minimum of three years supervised, relevant practical experience (either before, during or after completing the examinations; there is no time limit within which this experience should be gained)

Satisfy the minimum competence requirements for membership (in a workplace mentor, complete 36 months employment in an accounting or finance related role(s) and achieve thirteen performance objectives). Record your experience in your Trainee Development Matrix (TDM) and make a PER return each year

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Commencement date and venue

Course fee structure

The ACCA exam preparatory course starts in February and August every year to prepare candidates for the June and December examination sessions, respectively.

All classes will be held at Jeddah Community College, King Abdulaziz University, Jeddah.

Professional level Fundamentals level

SR3,000/- per paper* SR3,500/- per paper*

* The fee is inclusive of tutorials and study materials only. Initial registration, annual subscription and exam fees should be paid directly to ACCA UK

The study text and revision series have to be purchased separately

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Terms and conditions

Students enrolled at Jeddah Community College, King Abdulaziz University, Jeddah (referred to as JCC) shall be subject to these terms and conditions. It is accepted that these terms and conditions were read by the applicant prior to making an application to the JCC.

Pre application enquiriesIt is the responsibility of prospective students and applicants to ensure that the course they are applying for is the course they want to study. Students must research the course contents, duration, awarding body and fees as the JCC cannot be held responsible for any error on the part of applicants. Nor will the JCC be obliged to refund any tuition fee paid on the basis that the course is not what was expected.

Student warrantiesOffers of admission are made on the basis of information supplied by the applicant. Students warrant that such information is accurate. The JCC is entitled to terminate a students admission, without refund of tuition fees, if the information supplied by an applicant is proven to be false or misleading.

Course cancellationCourses offered are subject to a minimum number of students and tutor availability. If a course has less than the minimum number of students desired by JCC or has no available tutor, then JCC is entitled to cancel such a course, at its absolute discretion, without liability. In such instances, the JCC can offer the student an alternative course of the same level or standard.

Tuition fees Students are required to pay the relevant tuition fees prior to commencement of the course. All tuition fees

or deposit must be paid to JCC.

Cheques and bankers draft must clear before the commencement of classes.

The JCC accepts no responsibility for any tuition fees deposit paid to any person other than the admin staff of JCC against a valid receipt.

Where a student cannot pay full tuition fees in one payment, a part payment can be made and the student shall pay the balance upto maximum of 3 installments within 3 months, at the discretion of JCC. Installments can be made for enrolling in more than one paper of a course. Any student failing to comply with an installment plan may lose the right to pay by installment and the JCC has the right to demand full payment of the outstanding fees.

If a student defaults twice in his payments, the JCC may terminate his admission.

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Fees quoted are the tuition fees only and exclude fees payable to professional or awarding bodies in respect of registration, membership, exemption, examination, entry and other fees.

An admin charge of SR100 will apply where cheques are not honored.

Failure to attend classes does not relieve students of responsibility to pay the tuition fee.

Registrations will only be confirmed upon receiving the full course fees (prior to the commencement of the course).

Any incidental costs incurred on behalf of the students shall be charged to them, for example medical charges, fax costs and taxi fare.

Additional photocopies made to students, on their request, will be charged at SR1 per page.

A student repeating a course must pay the full course fee.

Refund of tuition feesPaid tuition fees are refundable at the discretion of JCC under the following conditions:

No refunds will be entertained unless the request is received at least 2 weeks prior to the commencement of the course. A 10% administration charge is applicable for processing refunds.

The full fee will be refunded, if JCC cancelled a course due to any unforeseen circumstances.

The JCC will process any legitimate refunds within 1 month.

Any refund request, other than (a) above, will have to be approved by the management of JCC and is subject to a minimum of 25% administration charge.

Refunds shall only be processed to the person responsible for the fees unless someone else is representing him through a written authorization

Deferrals/no showsAll deferral requests should be made within two weeks of starting the course. Any requests after this date will not be entertained.

When an enrolled student wish to defer his admission, tuition fees paid will not be refunded.

Course fees can be carried forward only for one semester.

Deferral requests will only be accepted, if the student shows exceptional circumstances. What is exceptional shall be determined by JCC. An example: the student is seriously ill and is not in a fit mental or physical state to attend classes (In this case, the deferral request should be accompanied with a medical report from a doctor who is registered with a recognized hospital).

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Deferral requests entertained do not give the right to attend a different course, subject or paper.

There will be no refund of tuition fees paid, where the student does not turn up (no shows) for training sessions.

Merit scholarshipFor CAT and ACCA students who secure a score of 8089% or 90100% in paper based exams, JCC offers a merit scholarship of 50% and 100% of the tuition fee, respectively.

Non attendance/dismissal for poor attendance Students who fail to attend at least 80% of classes as per the course schedule will be given a warning.

Irregular attendance would be reported to Parents/Guardians/Sponsor (if applicable).

In the event of unsatisfactory attendance, JCC reserves the right to suspend or dismiss a student without any refund.

Voluntary withdrawal by studentIf a student voluntarily withdraws from a course because he/she has changed his/her mind for any reason, no refund will be payable.

Batch allocations/changing the courseJCC reserves the right to batch allocation.

Any application for change of batch/ course must be made by the student in writing or by email to the administration staff of JCC.

Permission may be given, at the discretion of JCC management and subject to space availability, on the following terms:

If the student applies for the change of course, prior to its commencement, the entire tuition fee shall be adjusted against the fee for the new course. The request for change of course/ paper can be done at maximum by 2 weeks into the course and this shall be subject to 10% admin charges per week.

If the tuition fee for the paid course is less than that for the new course, the student agrees to pay the differential amount before the commencement of the next course. If it is higher than that for the new course, JCCs standard rules on refunds are applicable.

Any registration fees payable to professional bodies will be paid by the student.

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Course progressionStudents are accepted into JCC on the strict understanding that progression through the course is conditional upon satisfactory and required attendance and successful attainment of prescribed performance targets. Students are formally assessed by the internal tests and the mandatory external assessment from the professional body. The internal assessment will take into consideration:

Course work assignments

Internal examination results

Attendance

Commitment to study

The student shall have to comply with the relevant requirements of the professional body and sponsor (if applicable).

Course material Course teaching materials will be provided by JCC

Students are to arrange their own extra study materials, although JCC will provide lectures handouts, library resources, and e- resources (this may vary course wise).

These resources are for the use of student only and it is not allowed to share them with anyone else in print, electronic or any other form

Exam regulations for computer based exams JCC offers an online exam scheduling tool on its website, for the computer based exams of

Some exam dates might not be available due to the limited number of seats; therefore you should book your exam at least one month in advance

For students who are working, please do not apply for your study leave from your employer until you receive the exam appointment confirmation, JCC Training is not liable for loss of off days taken otherwise

Changing/ rescheduling an exam appointment is the sole responsibility of the candidate.

Refunds are not applicable to CBE s (e.g., a student will not be eligible to ask for a refund once the CBE fee in paid to JCC).

Student support services JCC offers the following campus services:

Library and eResources

Kitchen for tea and coffee for classes on weekends and official holidays

Lecturer hours: The lecturers will be available at office during the lecturer hours, for facilitation of students.Students must book an appointment with them 2 working days prior to meeting

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WebsiteJCC updates its website regularly. However, before acting upon any information on the website, the student must confirm it from any admin staff of JCC.

Sponsored courses JCC shall be sending a progress report to the Parents/Guardians/Sponsor

JCC shall be requiring the sponsor to pay the fees for the sponsored candidate

Professional conduct Students shall be punctual and prepared for the classes and exams

Students shall do all the assignments given by the lecturer

Students are not allowed to swap or change their classes unless they are permitted by the admin staff at JCC.

Students should always observe a decent dress code worthy of professional studies students.

All students are expected to behave in accordance with commonly accepted rules of good behavior and to abide by the rules and regulations applicable on them, including this terms document. Students are expected to conduct themselves at all times in a manner which demonstrates respect for fellow students, JCC, its staff and the local culture.

Food and beverages of all kind are not allowed in the class rooms.

Smoking is strictly prohibited to be used on campus

Students shall not engage in disruptive conduct in and around the training premises

Students shall comply with all oral or written instructions made by staff at JCC

While the JCC takes all reasonable precautions to ensure the safety and security of students on the Center, JCC cannot accept responsibility, and expressly excludes liability, for loss or damage to students personal property (including computer equipment and software), including any financial or other consequential loss, where such loss or damage is as a result of theft, fire, flood, computer virus or any cause relating to JCC computing facilities, or any other cause.

Any student found guilty of theft or damage to the property at JCC (including trespassing) will be held liable to pay the fair amount of damages and subject to disciplinary action

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Student communications The preferred method of communication with JCC is the email or fax.

The students are required to send an email or fax of all its queries and updates to JCC

Students are also required to keep their contact details updated with JCC, at all times.

Students are strongly recommended to observe the official Notice Board on a regular basis for important information displayed.

For all the inquiries, students must contact at JCC during regular office hours i.e. 8 am till 5 pm during the business days.

PublicityStudents (and their parents or guardians where applicable) agree that their images, details and achievements may be used for promotional purposes without written consent or notification.

Data protectionAny information provided to JCC may be held on computer and shall be used by the JCC in accordance with its Data Protection policy. Information provided to JCC is held and processed for the purpose of administering your studies, and may be carried forward to your official student record, which holds data in electronic and paper form on your personal details, academic and administrative history and on relevant financial transactions. In this regard, JCC might be needed to provide your data to government and professional bodies.

Grievance procedureAll grievances shall be directed to the Associate Dean (AD) and it must be in writing. Grievances will be handled with utmost care and JCC will maintain strict confidentiality. The decision of the A.D. shall be final in this regard.

DisclaimerJCC reserves the right to make changes in certain fees, faculty assignments, procedures and time schedules, to cancel classes where necessary, and to set maximum limits for enrollment in certain classes. Notice of such changes will be given where possible. Should your class be canceled, you will be notified of through your email address and/or SMS.

JCC accepts no liability for the actions of students, Al-Moayyed Tower, Professional Bodies, sponsors and government. We further exclude the liability for all the actions and issues beyond our control, such as students not getting visas and a professional body not accepting an application and so on.

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DeclarationI declare that I understand and agree to the abovementioned policies and procedures which are a prerequisite for my enrollment at JCC.

This declaration will remains valid for all ACCA papers studied with JCC and may not be required to be submitted with every session.

Student name:

Course:

Date:

ID no.:

Sponsor:

Signature:

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Reg

istr

atio

n fo

rmFull name : ____________________________________________________________________________

Date of birth : ____________________________________________________________________________

ID no. : ____________________________________________________________________________

ACCA registration no. : ____________________________________________________________________________

Academic qualification : ____________________________________________________________________________

Employment status : Employed Unemployed Student

Course :

F1 F2 F3

F4

F7

P1

P4

F5

F8

P2

P5

F9

P3

P6 P7

F6

Registration form

Please return this registration form along with the following supporting documents to JCC.

ID copy

2 Passport size photographs

Sponsorship letter (sponsored candidates only)

Signed terms and conditions

Preferred class timing : Morning Afternoon Evening

Sponsorship details : Company Self

Session : Feb _____ Aug _____ Other please specify: _____________________

year year

Contact detailsResidential address : ____________________________________________________________________________

Residence phone no. : ____________________________________________________________________________

Mobile no. : ____________________________________________________________________________

Office no. : _______________________________________ Fax no.: _____________________________

Email address : ____________________________________________________________________________

If company sponsoredCompany name : ____________________________________________________________________________

Address : ____________________________________________________________________________

Your position : ____________________________________________________________________________

Your department : ____________________________________________________________________________

Your manager in-charge : ____________________________________________________________________________

Have you registered with JCC before? : Yes No If yes, please mention the course: ________________________

Declaration*I hereby certify that all the information provided on this form is correct.

Signature: ........................... Date: ............................

*Please note that the registration is considered incomplete if the candidate fails to agree and sign to the terms and conditions. Refer terms and conditions.