ACCA Professional Level Institute in Ludhaina

When you take the Professionals level, it is equivalent to a masters degree. Once you have successfully completed your exams, ethics module, and work experience and applied for ACCA membership, you will be able to use the ‘ACCA’ letters after your name and commence your career as a professional accountant.

Course Syllabus:-

Strategic Professional (Essentials)

The Essentials module will equip you with the skills and knowledge needed to become an expert accountant in either a consultancy or high-level advisory role. The two ACCA papers that make up this module are assessed through two paper-based exams.

P1-P3 – Strategic Business Leader
You will be required to sit a 4-hour paper-based exam (PBE) which includes 40 minutes reading and planning time. This is a case study exam which means you will answer questions around one main business scenario. All questions are compulsory and the examination is divided into 80 technical marks and 20 professional skills marks.

P2 – Strategic Business Reporting

You will be required to sit a paper-based exam (PBE) of which the duration is 3 hours and 15 minutes.

The exam is divided into two different sections:

Section A – You will be required to answer two scenario-based questions both worth a total of 50 marks.
Section B – You will be required to answer two further questions which could be scenario-based, a case study or an essay-based question.
Strategic Professional (Options)

When you progress onto the Strategic Professional module, you will need to pick two courses from the following four. The aim of the module is to help you develop advanced technical skills and expert knowledge in areas such as taxation and audit, whilst learning about the professional code of ethics followed by any accountant.

P4- Advanced Financial Management

The paper-based exam will be divided into two sections:

Section A: This section is made up of a 50-mark case study in which you will need to produce a business document. This might include a report of a briefing document that can be used by a board of directors.
Section B: This section is made up of two 25-mark questions. They will be scenario-based and will require you to perform calculations and construct narrative answers.

P5 – Advanced Performance Management

The paper-based exam is divided into two sections:

Section A: This section is worth 50-marks and involves answering a case study on an organization within a particular business context.
Section B: This section will require you to answer two 25-mark questions which will normally be scenario-based questions.

P6 – Advanced Taxation

The paper-based exam is made up of two sections:

Section A: This contains two compulsory case study questions.

Section B: This section consists of two 20-mark questions covering both business and personal tax issues.

P7- Advanced Audit & Assurance

The paper-based exam will be made up of two sections.

Section A: This section comprises of a 50-mark case study which will involve planning an audit for a single company, a group of companies or several audit clients.
Section B: This section contains two compulsory 25-mark questions both based around a short scenario. Formats could include assessing going concern, critiquing an auditor’s report or evaluating identified misstatements.