34

RESOURCES

ACCA CONNECT

FEES

students@ accaglobal.com +44 (0)141 582 2000

Annual subscription 2010 Please note as a student you are required to pay an annual subscription for each year you are registered with ACCA. This is a separate fee to your initial registration fee. Your annual subscription is due on 1 January irrespective of the month you registered. For example, if you registered in December, you will still be required to pay an annual subscription by 1 January. The payment enables ACCA to provide you with services and support to assist you with your studies and training as you work towards gaining your qualification. Students who fail to pay fees when due (including exam/exemption fees), will have their names removed from the ACCA register. Students wishing to re-register are required to submit any amounts unpaid at the time of their removal in addition to the re-registration fee. No penalty fee will be charged. Confirmation of your unpaid fees can be obtained from your national ACCA office or ACCA Connect. The following fees and subscriptions apply: CAT students Initial subscription Re-registration Annual subscription Introductory Level exam Intermediate Level exam Advanced Level exam/exemption ACCA Qualification and MSER students Initial subscription Re-registration Annual subscription Knowledge exam/exemption Skills exam/exemption Professional exam *plus unpaid fee(s) Affiliates Annual subscription Permanent subscription 60 *60 60 38 38 49

For all enquiries, simply contact ACCA Connect our global customer service centre. However you want to contact us, by phone, fax, email or post, one of our expert advisers will be happy to assist you. MONDAY TO THURSDAY Open 21 hours (closed 20.00 to 23.00) FRIDAY Open 20 hours (closed 20.00 to midnight) SATURDAY Closed SUNDAY Open 09.00 to 17.00 and 23.00 to midnight (all times based on GMT/BST as appropriate) ACCA Connect 2 Central Quay 89 Hydepark Street Glasgow G3 8BW United Kingdom tel: +44 (0)141 582 2000 fax: +44 (0)141 582 2222 email: students@accaglobal.com website: www.accaglobal.com

69 *69 69 55 69 81

99 189

Dont forget to pay your fees on time. Dates by which fees and subscriptions must be paid and arrangements for payment are included in your ACCA welcome pack.

STUDENT ACCOUNTANT ISSUE 04/2010

Are your contact details up to date? https://www.acca-business.org

35

EXAM TIMETABLE

JUNE 2010 S M T 29 30 1 6 7 8 13 14 15 20 21 22 27 28 29

W 2 9 16 23 30

T 3 10 17 24 1

F 4 11 18 25 2

S 5 12 19 26 3 DECEMBER 2010 S M T W T F S 28 29 30 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 1

Thursday 10 June 4* Accounting for Costs F9 Financial Management P4 Advanced Financial Management Friday 11 June 5* Managing People and Systems F2 Management Accounting MMA Management Accounting P5 Advanced Performance Management Monday 14 June 8* Implementing Audit Procedures F5 Performance Management P1 Professional Accountant Tuesday 15 June 9* Preparing Taxation Computations F7 Financial Reporting P2 Corporate Reporting Wednesday 16 June 10* Managing Finances F1 Accountant in Business P3 Business Analysis *CAT Scheme exams

The following dates have been confirmed for the next two exam sessions: June 2010 Week 1 7 to 11 June Week 2 14 to 16 June December 2010 Week 1 6 to 10 December Week 2 13 to 15 December Exams will take place over an eight-day period with one session of exams each day. The exams will be held concurrently in five different time zones. The base starting times in each of these time zones will be: Zone 1 (Caribbean) 08.00hrs Zone 2 (UK) 10.00hrs Zone 3 (Pakistan and South Asia) 14.00hrs Zone 4 (Asia Pacific) 15.00hrs Zone 5 (Australasia) 17.00hrs. Local starting times will be set falling out from these base start times for every centre. Details of local start times can be found against each centre on the Examination Centre List accompanying your Examination Entry Form.

Papers F1 to F3 are two-hour exams, and Papers F4 to F9 and P1 to P7 are three-hour exams. Monday 7 June 1* Recording Financial Transactions 6* Drafting Financial Statements F6 Taxation P6 Advanced Taxation Tuesday 8 June 2* Information for Management Control 7* Planning, Control and Performance Management F4 Corporate and Business Law P7 Advanced Audit and Assurance Wednesday 9 June 3* Maintaining Financial Records F3 Financial Accounting MFA Financial Accounting F8 Audit and Assurance

DETAILS OF LOCAL START TIMES CAN BE FOUND AGAINST EACH CENTRE OF THE EXAMINATION CENTRE LIST ACCOMPANYING YOUR EXAMINATION ENTRY FORM.

36

RESOURCES

NEW STUDENTS Applications are normally processed within four to six weeks of receipt in the Glasgow office. Forms handed in to national ACCA offices or Joint Scheme offices will be forwarded to Glasgow. Students who apply to register online can track the progress of their application

on the e-business website at https://www.acca-business.org New students should allow adequate time for processing and receiving official confirmation of their registration. Carefully read the information that you receive with your post-registration pack to ensure all details have been recorded correctly. You should expect to receive: a student registration card, a welcome to ACCA letter, a profile letter detailing a summary of your data held by ACCA, and an exemption notification if applicable.

RESULTS FOR THE DECEMBER 2009 EXAM SESSION WERE SENT TO STUDENTS IN THE WEEK COMMENCING 22 FEBRUARY 2010. TO RECEIVE YOUR NEXT SET OF RESULTS BY EMAIL, ENSURE AN UP-TO-DATE EMAIL ADDRESS IS IS RECORDED AT HTTPS://WWW.ACCA-BUSINESS.ORG AND INSERT A TICK IN THE RELEVANT BOX.

IMPORTANT INFORMATION

ACCOUNTING/SAGE LINE 50 TRAINING WITH WORK PLACEMENT...

St Marys Accounting are pleased to oer you a three day practical, hands-on Accounting/Sage Line 50 Training with Work Placement opportunity designed to help you support your academic knowledge with practical training* This unique opportunity is ideal for part qualied ACCA students who lack practical training. On completion you will be in a better position to apply for employment involving purchase ledger (acc payable), sales ledger (acc receivable) and bookkeeping (accounts assistant).
For more information, or if you wish to book a place, please visit www.stmarysaccounting.com/acca
* This training does not contribute to ACCAs practical experience requirement.

TRANSFER TO THE ACCA QUALIFICATION Students completing the exam element of the Certified Accounting Technician Scheme are eligible to transfer to the ACCA Qualification with exemption from Papers F1, F2 and F3. This transfer is automatic for all students who stated on their initial Technician Registration Form that they wished this to take place. Such students are eligible to take the next session of the ACCA Qualification exams. If you indicated on your application that you did not wish this transfer to take place, a separate application will be required should you subsequently decide to attempt the ACCA Qualification exams. ACCA QUALIFICATION VARIANT/ACCOUNTING AND AUDITING PAPERS The tax and law variants allocated to you at the time of registration are indicated on your profile letter. You can view your full profile at myACCA. You can select the accounting and auditing standards that you wish to be examined in at the time you enter for your exams. Should you wish to change the tax or law variant for the forthcoming session, you can do so as part of online exam entry or by including a request when submitting your Exam Entry Form. Amendments can be accepted up until the exam entry closing date for the next session, ie 15 April for the June exams and 15 October for the December exams.

STUDENT ACCOUNTANT ISSUE 04/2010

Find out about practical experience requirements www.accaglobal.com/students/acca/per

37

EXAM ENTRY
SAVE TIME AND GO ONLINE The quickest and simplest way to register for your exams is to register online at myACCA (https://portal.accaglobal.com/) Registering for your exams online means: you get immediate confirmation of receipt and processing of your exam entry so you dont need to worry if youve been entered for the exams you get immediate validation of exam entry information so any errors or misunderstandings can be sorted as soon as possible you can go back and change the exam centre youve selected you can change your law/tax variant and standards or stream should you change your mind about which exams you feel ready to take then you can amend your exam selection. Please note that you can amend your exam selection at no extra cost up until the standard exam entry closing date of 15 April 2010 for June exams and 15 October 2010 for December exams. If youre still not convinced registering online is the way to go and complete the paper-based Examination Entry Form sent to you in February this must be received at ACCAs exam department in the UK by 15 April 2010. Please remember to allow time for postal delivery.

OXFORD BROOKES BSc(HONS)

Students completing certain papers of the ACCA Qualification are eligible to apply for a BSc (Hons) in Applied Accounting from Oxford Brookes University. The degree must be completed within 10 years of your initial registration on to ACCAs professional qualification; otherwise, your eligibility will be withdrawn. Check your eligibility status at www.accaglobal.com/ students/bsc/. The dates below outline the forthcoming deadlines for completing the qualifying exams and the last opportunity to submit your Research and Analysis Project (RAP): First session (1) Final session for completing the qualifying exams (2) June 2000 December 2009 December 2000 June 2010 Final date for submission of RAP May 2010 November 2010

EXAM RESULTS BY EMAIL

Results for the December 2009 exams were sent to students in the week commencing 22 February 2010. To register to receive your next set of results by email, you may now wish to do so. You can do this by ensuring that you have an up-to-date email address recorded on the ACCA website at https://www.acca-business.org, then simply insert a tick in the relevant box. Once you have registered to receive your exam results via email, ACCA will continue to send exam results/status reports to you at subsequent sessions until you complete the ACCA exams or unsubscribe from this service.

Notes 1 First applicable exam session as confirmed at the time of your initial registration with ACCA. 2 Completion of Fundamentals Level exams. Professional Ethics module Students wishing to submit their Research and Analysis Project (RAP) must complete the Professional Ethics module. For more information visit www.accaglobal.com/ students/bsc/

38

RESOURCES

ADMIN REVIEWS
THERE ARE EIGHT INDEPENDENT CHECKS DURING THE MARKING PROCESS TO VERIFY THAT DATA RETURNED TO ACCA BY MARKERS IS CORRECT. ANY DISCREPANCIES THAT ARE FOUND DURING THIS PROCESS ARE INVESTIGATED AND RESOLVED BEFORE RESULTS ARE FINALISED.
ACCA undertakes many checks and controls during the marking process to ensure that all exam results are accurate. Before marking starts, all markers attend a meeting with the examiner to discuss the exam paper and agree a detailed marking scheme. The examiner moderates the marking process closely and, at the end of the marking period, each examiner is required to review a sample of marked scripts for their paper. This is to ensure that the marking scheme has been applied consistently by all markers. In addition, the examiner pays special attention to scripts where marginal marks have been awarded. At each session, ACCA also has a team of script checkers who ensure that each question on your script has been marked, that the correct marks have been transferred to the results sheet, and that the total for the final mark is correct. Altogether, there are eight independent checks during the marking process to verify that data returned to ACCA by markers is correct. Any discrepancies that are found during this process are investigated and resolved before results are finalised. Once your results have been added to your student record, and your entry options have been created for the next exam session, ACCA then conducts further checks at the printing stage to ensure the printed results are accurate before they are released. The quality controls applied at each stage of the marking process ensure the integrity of ACCAs results data. However, ACCA recognises that students may sometimes feel that their results do not reflect their perceived performance in the exam. In response to this, you can request an administrative review of your results if you: receive an absent mark but you were present at the exam and submitted an exam paper were not present at an exam but received a mark for your paper feel that ACCAs quality controls have not been applied properly in arriving at your mark. At the June 2009 session 1,267 administrative reviews were carried out. A total of 13 errors material to the overall result were confirmed and as a consequence the result originally awarded to the candidate was changed. 23 cases for appeal followed the original outcome and were considered by the appeals committee, formed to review such cases. None of the appeal cases were successful. Candidates have been advised in writing of this outcome and of the fact their result will remain unchanged. You can request an administrative review for any paper-based exam attempted on the CAT Scheme and ACCA Qualification. The administrative reviews allow ACCA to ensure transparency and fairness. As an additional benefit to this service, along with the outcome of your review, you will receive a breakdown of passes and fails for each question attempted. The deadline for requesting an administrative review of your December 2009 results is 15 March 2010. You will receive written confirmation of the outcome of the review in the week commencing 22 March 2010. Should an error be found in the review, you will receive the corrected mark before the exam entry closing date for the next session. Your mark will be adjusted to reflect your true result. Please note that your mark may be lowered if an administrative error had inflated your original mark. If your mark is amended as a result of the administrative review, you will receive a refund of your review fee and a revised Examination Entry Form, if applicable. If, on receipt of the outcome of your administrative review, you believe that ACCA has not applied its procedures properly, you may appeal to the Exam Appeals Committee. To do this, you should submit your appeal in writing to the head of examinations within eight working days of the issue of your administrative review. Your appeal will then be forwarded to the Committee for consideration. The deadline for appeal for the December 2009 session is 5 April 2010. It will not be possible to accept any requests after the closing date for this service. If you would like to request an administrative review, complete the form available at www. accaglobal.com/students/ results/reviews

You never stand still

As a dynamic finance professional, we know you are always on the move. Whether you have changed your role, organisation, home address or even country dont forget to tell us. Login to myACCA at www.accaglobal.com to review and update your details, ensuring you continue to receive targeted, up-to-date services and information from ACCA.

40

DIRECTORY

- Free, Instant, Trial Online Any Level of Study - Free Software, Specially Designed for Training - Audio Slides & Practice Documents - Revise & Apply Your Knowledge Get Certi icate
61 Durbar Avenue, Coventry, CV6 5LW, UK Tel: +44 2476 272 037 Email: admin@smeaccounts.net web:www.smeaccounts.net

Practical Training
does not contribute towards the achievement of ACCA PER.

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ACCA Approved study materials available
E: info@bratim.com I W: www.bratim.com

BRATIM TRAINING | National Library Building | Central Business District | Abuja T: +234 (0)8033577375 |

student accountant ISSUE 04/2010

41

New Tuition Provider in LEICESTER

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Learning financial English could help you pass yours exams and secure a job. Taking the Cambridge International Certificate in Financial English (Cambridge ICFE) will show potential employers that you have the skills to communicate effectively with clients and colleagues. To find out more including where to study and take the exam visit www.financialenglish.org

ACCA classroom courses now enhanced with MyStudy

If you book an ACCA* classroom course with us in 2010, you will be able to access MyStudy as part of your course at no additional cost. Our collection of classroom recordings and learning tools allow you to concentrate on key topics, review the topics you struggled with in class, and retest yourself on demand.

Visit

www.bpp.com/acca/enhanced

226 2422 for courses at centres outside London or 0845 075 1100 for courses at London centres

Call 0845

* excludes UK variant papers and Question Days