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34. From December 2007, is it true that ACCA will follow other accountancy bodies by offering only accounting and auditing papers based on international reporting standards?
No. ACCA is a global professional accountancy body and it recognises that its students, affiliates and members operate in many different countries and employment sectors and international reporting standards may not always be the most appropriate to follow. ACCA will therefore continue to offer students based in Hong Kong, Ireland Malaysia, Singapore and the UK the opportunity to take accounting and auditing papers which have been adapted for national accountancy practices. Students in these countries have the option of taking the following papers based on either international standards or national adapted standards:
F3, Financial Accounting
F7, Financial Reporting
F8, Audit and Assurance
P2, Corporate Reporting
P7, Advanced Audit and Assurance.

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32. Who are the new examiners?
ACCA has recruited its new panel of examiners, some will have examined on the current syllabus, others are new appointments. ACCA will introduce its new panel of examiners over the coming months at teachers' conferences and student events; through articles in student accountant and teach accounting; and via the ACCA website.

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31. How many papers can students sit? Can students sit papers in any order?
Students can take a maximum of four papers in a six-month cycle - this includes both paper-based and computer-based exams. The following six-month cycles have been designed:
June cycle - 1 February to 31 July (including the June paper-based exam session)
December cycle - 1 August to 31 January (including the December paper-based exam session).
Students must sit the exams in module order - Knowledge, Skills, Essentials then Options - but can attempt papers within a module in any order. However, as the syllabus has been developed to progress educationally in the order presented, ACCA recommends that papers within a module are taken in order.
Papers may be attempted from different modules at the same sitting as long as the modules are attempted in order eg a student can attempt at one exam session Papers F1-F3 (all of the Knowledge module) and any one paper from F4-F9 (Skills module).

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29. How many papers can students sit? Can students sit papers in any order?
Students can take a maximum of four papers in a six-month cycle - this includes both paper-based and computer-based exams. The following six-month cycles have been designed:
June cycle - 1 February to 31 July (including the June paper-based exam session)
December cycle - 1 August to 31 January (including the December paper-based exam session).
Students must sit the exams in module order - Knowledge, Skills, Essentials then Options - but can attempt papers within a module in any order. However, as the syllabus has been developed to progress educationally in the order presented, ACCA recommends that papers within a module are taken in order.
Papers may be attempted from different modules at the same sitting as long as the modules are attempted in order eg a student can attempt at one exam session Papers F1-F3 (all of the Knowledge module) and any one paper from F4-F9 (Skills module).

adminwcq

30. Who are the new examiners?
ACCA has recruited its new panel of examiners, some will have examined on the current syllabus, others are new appointments. ACCA will introduce its new panel of examiners over the coming months at teachers' conferences and student events; through articles in student accountant and teach accounting; and via the ACCA website.

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27. What are the exam progression rules?
Students must pass or be exempted from all nine exams in Fundamentals level and pass all three Essentials exams and two Options from four in the Professional level. There is no requirement for students to sit and/or pass any of the exams together, including the three Essentials exams in the Professional level.
Students can take a maximum of four papers in a six-month cycle - this includes both paper-based and computer-based exams. The following six-month cycles have been designed:
June cycle - 1 February to 31 July (including the June paper-based exam session)
December cycle - 1 August to 31 January (including the December paper-based exam session).
Students must sit the exams in module order - Knowledge, Skills, Essentials then Options - but can attempt papers within a module in any order. However, as the syllabus has been developed to progress educationally in the order presented, ACCA recommends that papers within a module are taken in order.
Papers may be attempted from different modules at the same sitting as long as the modules are attempted in order eg a student can attempt Papers F1-F3 (all of the Knowledge module) and any one paper from F4-F9 (Skills module).

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28. Is there a core paper rule?
No. Under the new qualification there is no requirement for students to sit and/or pass any of the exams together, including the three Essentials exams in the Professional level.

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25. Why are there no exemptions available from any of the exams at the final level?
This preserves the integrity and rigor of the ACCA Qualification. Requiring all members to sit and pass the Professional level ensures that all ACCA members, wherever they qualify in the world, and whatever their prior educational backgrounds, share a common set of competences which have been specified and assessed by ACCA directly.

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26. Is there an increase in the use of computer-based exams (CBEs)? 
Knowledge papers - Paper F1, Accountant in Business, Paper F2, Management Accounting and Paper F3, Financial Accounting - will be available both as computer-based exams (CBEs) and as traditional paper-based exams. Under the current scheme only two papers - 1.1 and 1.2 - are available as CBEs.

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23. How will ACCA support ALP in preparing to teach the new syllabus?
In 2007 ACCA will be running a series of teachers' conferences in the UK, South east Asia, Africa and the Caribbean to give guidance to UCRS tuition providers on teaching the new syllabus. All UCRS tuition providers have been sent detailed copies of the syllabus and pilot papers. In addition, tuition providers will be kept up to date with the latest developments via e-mail, teach accounting magazine and the tuition providers section on the ACCA website.