Applied Knowledge and Applied Skills exams

The Applied Knowledge exams are an exceptional introduction to the world of finance and accounting, providing you with a broad understanding of essential accounting techniques.

There are three Applied Knowledge exams:

• Business and Technology
• Management Accounting
• Financial Accounting

To start studying for our Applied Knowledge exams you must be qualified to University-entrance level. And once you've completed these three exams, plus Foundations in Professionalism, you'll be awarded the ACCA Diploma in Accounting and Business (RQF Level 4) and be eligible to start our Applied Skills exams.

The Applied Skills exams build on your existing knowledge and understanding developing strong, broad and practical finance skills.

There are six Applied Skills exams:

• Corporate and Business Law
• Performance Management
• Taxation
• Financial Reporting
• Audit and Assurance
• Financial Management

To start studying for the Applied Skills exams you must have either completed the Applied Knowledge exams, have achieved the ACCA Diploma in Accounting and Business (RQF Level 4) or have a relevant accounting or finance qualification at degree level.

Once you’ve completed the Applied Skills exams you can move on to our Strategic Professional exams.