Introduction of the Professional Body

ACCA (the Association of Chartered Certified Accountants) is the global body for professional accountants. They aim to offer business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management.
They support their 198,000 members and 486,000 students throughout their careers, providing services through a network of 101 offices and active centers in 181 countries. Their global infrastructure means that examinations and support are delivered – and reputation and influence developed – at a local level, directly benefiting stakeholders wherever they are based, or plan to move to, in pursuit of new career opportunities. Their focus is on professional values, ethics, and governance, and they deliver value-added services through global workforce ofmore than 1,000 people in accountancy partnerships, working closely with multinational and small entities to promote global standards and support.
They use their expertise and experience to work with governments, donor agencies and professional bodies such as the International Federation of Accountants (IFAC) to develop the global accountancy profession and to advance the public interest.
Their reputation is grounded in over 100 years of providing world-class accounting and finance qualifications. They champion opportunity, innovation, diversity, integrity and accountability. By promoting their global standards and supporting their members wherever they work, they aim to meet the current and future needs of international business.

Benefits of ACCA Qualification

  • Its flexible mode provides students an opportunity to work while they are studying.
  • Better employment prospects due to international recognition of the qualification.
  • ACCA is recognized in almost 181 countries and through their relationship building they have achieved strong recognition in all the countries.
  • Candidates not only gain specialist knowledge in finance and accounting, but also acquire valuable skills in organizational management and strategy development.
  • The qualification does not concentrate only on theory, but prepares a graduate for practical usage.
  • Opportunity to have UK universities BSc (Hons.) after passing 9 papers out of total 14 papers and to pursue MBA from international universities.


ACCA offers different entry routes, depending on your age and previous academic qualifications.

Route – A

  • 2 Passes in GCE A' Levels and three GCSE/ GCE O’ Level in five separate subjects including Math's and English (If not English, then IELTS 6.5 band or TOEFL with CBE – 170/PBE 500 scores).
  • American Higher School Certificate with at least 50%

Route – B

  • Graduation (B.A, BBA, B.Com, B.Sc from any recognised University)

Route – C

Via ACCA Foundations Diploma (FD) or Foundations in Accountancy (FIA)

  • Recommended for Matriculate or Intermediate passed students
  • Students having passed the Seven Examinations from Introductory, Intermediate and Diploma stage of FD/ FIA qualification are eligible for exemptions of knowledge modules (F1, F2 & F3) papers. (requiring 11 papers to pass out of total 14)

Exemptions in ACCA

A maximum of nine papers at the Fundamentals level of the ACCA Qualification can be awarded. To preserve the integrity and rigor of the ACCA Qualification and to ensure that all students share a common experience, ACCA does not award any exemptions at the Professional level.
Exemption from all three levels of the Certified Accounting Technician (CAT) Qualification can be considered, depending on the standard and equivalence of the qualification held.
Exemptions are also available for the Foundations in Accountancy suite of awards. No exemptions are awarded from any of the papers of modules examined within ACCA's suite of post-professional qualifications.

Previous Qualification Exemptions from ACCA Papers
MBA F1-F3, (depending upon specialization)
M.Com F1-F4
BBA (Honours) F1-F3, (depending upon specialization)
CA Intermediate (ICAP) F1-F3
CA Complete (ICAP) F1-F9
CA Complete (ICAEW) F1-F9


The ACCA qualification has two levels, the Fundamentals level and the Professional level. Both must be passed if you are to become qualified. The levels are made up of distinct modules that are studied sequentially. They are designed to give you a full understanding of every aspect of professional accountancy

Knowledge Modules

F1 – Accountant in Business
F2 – Management Accounting
F3 – Financial Accounting

Skills Modules

F4 – Corporate and Business Law
F5 – Performance Management
F6 – Taxation
F7 – Financial Reporting
F8 – Audit and Assurance
F9 – Financial Management

Essentials Modules

P1 – Governance, Risk and Ethics
P2 – Corporate Reporting
P3 – Business Analysis

Optional Module

P4 – Advanced Financial Management
P5 – Advanced Performance Management
P6 – Advanced Taxation
P7 – Advanced Audit and Assurance

Examination Structure

Exam Format (F1, F2, F3)

Each examination:

  • is of two hours duration
  • is out of 100 marks
  • has a pass mark of 50%
  • contains 2 sections:
  • section A contains objective test questions (OTs)
  • section B contains multi-task questions (MTQs)

Exam Format (F4)

The syllabus is assessed by a two-hour examination The examination consists of:

Section A

  • 25 x 2 mark objective test question 50%
  • 20 x 1 mark objective questions 20%

Section B

  • 5 x 6 mark multi-task questions 30%
Exam Format (F5 - F9)
Subject Current Exam Format Future CBE Exam
F5 Performance Management F7 Financial Reporting
F9 Financial Management
• 20 x 2 mark MCQ

• 3 x 10 mark CR**

• 2 x 15 mark CR**

• 15 x 2 mark OT*

• 3 x 10 mark OT* case

• 2 x 20 mark CR

F6, Taxation • 15 x 2 mark MCQ
• 4 x 10 mark CR
• 2 x 15 mark CR
• 15 x 2 mark OT*
• 3 x 10 mark OT* case
• 2 x 15 mark CR
• 1 x 10 mark CR
F8, Audit and Assurance • 8 x 2 mark MCQ
• 4 x 1 mark MCQ
• 4 x 10 mark CR
• 2 x 20 mark CR
• 3 x 10 mark OT* case
• 1 x 30 mark CR
• 2 x 20 mark CR


All the exams apart from F8 have three sections, featuring:
 Objective Test questions (also known as OT questions)
 OT Case questions
 longer, Constructed Response questions
F8 exams are slightly different. They are in two parts and feature OT Case and Constructed Response questions.

The following section gives some explanation of the question types found in the new CBEs.
Objective Test questions (OTs)
OT questions are single, short questions that are auto-marked and worth two marks each. Students have to answer the whole question correctly to earn their two marks. There are no partial marks

OT Case questions
Each OT Case contains a group of five OT questions based around a single scenario. These can be any combination of the single OT question types and they are auto-marked in the same way as the single OT questions.
OT Cases are worth 10 marks (each of the five OTs within it are worth two marks, and as with the OT questions described above, students will receive either two marks or zero marks for those individual questions).

Fee Structure

Registration and Subscription Fees

The following fees apply from 9 November 2013 on wards (and are subject to change without written notice):

ACCA/ Foundation Level Qualifications
Initial registration £79
Annual subscription £97
Re-registration fee £79*
*plus unpaid fee(s)

Exam Entry

Once you have become an ACCA student and have started studying, the next step will be to register for your exams. Or if you have already decided when you want to start taking examinations, you can enter for them at the same time as you apply online to become a student.
Entering for examinations online is quick and convenient. You will receive instant confirmation that you have been entered for the examinations, saving you valuable time to do more important things - like studying for them!
Please note the following:
If you're still not sure entering for an examination online is the way to go and you complete the paper-based exam entry form, this must be received at ACCA's examinations department in the UK by the specified standard closing dates above. Please remember to allow time for postal delivery.

Important Dates of Different Months

The closing dates for early, standard and late examinations entry are easy to remember - 8 is the date.

Closing Dates

June 18 Examinations
12 Feb 18 Early entry (online only)
30 April 18 Standard examination entry (online and paper based both)
7 May 18 Late examination entry (online only)
Sep 18 Examinations
14 May 18 Early entry (online only)
30 July 18 Standard examination entry (online and paper based both)
06 Aug 18 Late examination entry (online only)

ACCA Qualification Examination Entry Fees

Examination level Examination entry period June 2018examination fee (per examination) Sep 2018 examination fee (per examination)
Knowledge: F1, F2 and F3 Early
Standard £85 £85
Skills: F4, F5, F6, F7, F8 and F9 Early £100 £100
Standard £105 £105
Late £269 £269
Professional: P1, P2 and P3 (and any two from P4, P5, P6 and P7) Early £125
Standard £132
Late £298
On passing all ACCA examinations, a student becomes ACCA Affiliate. ACCA first annual affiliate payment needs to be made by 1st January following the date on which you received your final examination results. Affiliates are entitled to pay a reduced affiliate subscription for up to three years.
Affiliates' Fees
Subscription (Reduced Rate) £121
Permanent subscription (Standard Rate) £236


Admission to Membership Fee 

An affiliate, on completion of his three years job/ training (Details below) becomes eligible to apply for the membership of ACCA. On admission members are required to make a one-off payment. This fee covers the administration involved in assessing membership applications and is totally separate from the subscription fee.

Members' Fee
Subscription £236
Admission to membership fee £236

Practical Experience Requirement

The ACCA qualification prepares students for a challenging and often demanding career as professional accountant. It is not sufficient to solely rely on theoretical knowledge developed through examination process. The ACCA qualification closely links practical experience to the examination syllabus.
To qualify as an ACCA member, students will need to complete three years of relevant practical experience in order to achieve 09 performance objectives (Five essentials and four from five options). Ideally, students should start working while studying for their ACCA examinations. However, this may be completed before or after qualifying ACCA examination.

Benefits of Studying ACCA from CFE

  • Leading brand in Accountancy and Finance qualifications
  • Comprehensive and organized study programmes ensuring guaranteed success in each exam
  • Faculty includes number of professional tutors including 22 ACCAs
  • Accreditation from world renowned professional bodies
  • Self developed, research based study material
  • Out of class academic support
  • Regular class tests, quizzes and mock examinations
  • Merit based scholarships and financial assistance
  • Career counseling
  • A wide selection of weekday and weekend course options with possibilities to mix & match courses

CFE's Accreditation/ Affiliation with ACCA (UK)

Approved Tuition Provider
CFE is Gold approved tuition provider of ACCA
Licensed CBE Centre
CFE is ACCA’s approved CBE centre

Tuition Fee 

Registration/ Paper. Topics Rs.
CFE Registration 10,000
Knowledge Modules
F1 Accounting in Business 18,000
F2 Management Accounting 18,000
F3 Financial Accounting 18,000
Skills Modules
F4 Corporate and Business Law 20,000
F5 Performance Management 20,000
F6 Taxation 20,000
F7 Financial Reporting 20,000
F8 Audit and Assurance 20,000
F9 Financial Management 20,000
Essentials Modules
P1 Governance, Risk and Ethics 21,000
P2 Corporate Reporting 21,000
P3 Business Analysis 21,000
Optional Modules (Any 2)
P4 Advanced Financial Management 23,000
P5 Advanced Performance Management 23,000
P6 Advanced Taxation 23,000
P7 Advanced Audit and Assurance 23,000
Total 293,000

Financial Assistance

  • The financial assistance approved will be applicable for the current session only. If a student wishes to apply for the next session, a new application along with new enclosure will be required and complete procedure to be followed.
  • Students who are transferring from CAT/ FIA, CA/ CMA or CIMA will be required to fill a new application along with the required enclosures
  • The financial assistance approved in previous qualification will not be carried forward. The new application will be assessed again


  • Form should be submitted to Manager Coordination
  • Students will be interviewed by Manager Coordination
  • Based on the interview, recommendation is made to the Principal for Financial Assistance
  • Principal approves the Financial Assistance as per policies of the institute and keeping in view the budget of donations- allocated
  • All applications will be processed within one week of submission


Sr. No. Qualification Marks Obtained Scholarships (%age of Tuition Fee)
1 A-Levels Position holder 100%
6 or more A's 50%
2 A's 40%
1A + 1B 25%
2 B.A/ B.Sc Position holder 100%
65% or above 50%
60% - 64% 40%
3 B.Com Position holder 100%
70% or above 50%
65% - 69% 40%
60% - 64% 25%
4 M.Com Position holder 100%
70% or above 50%
65% - 69% 40%
5 Students domiciled and resident outside Lahore 20%
6 Hafiz-e-Quran 20%
7 Orphans 20%


Paper Name Qualification Teaching Experience Email
F4 Qasim Javed LLB Hons. (London), LLM 12
F5 Raed Nazir FCCA, MIPA (Aus), ASA (Aus) 17
Imran Thakur ACMA, M.Phil Finance 9
Rabia Tabassum ACCA, M-Com 11
F6 Raed Nazir FCCA, MIPA (Aus), ASA (Aus) 17
Fariha Khan ACCA 2
F7 Omer Yusuf FCCA, M.Sc (Eco), Advance Diploma in Acc. & Fin. (UK) 12
Imran Abbas M.Phil.Finance, ICMA (Fin)  8
Faizan Abid ACCA  2
F8 Muhammad Abu Bakar FCCA, ACA 14
Sadaf Maaz ACA, FCCA 13
Zahid Arshad ACCA 2
F9 Adnan Rashid FCA 15
Raed Nazir FCCA, MIPA (Aus), ASA (Aus) 17
Imran Thakur ACMA, M.Phil Finance 9
Umer Farooq ACCA, MSc (Acc & Fin) UK 7
P1 Sadaf Maaz ACA, FCCA 13
Muhammad Abu Bakar ACA, FCCA 14
Zahid Arshad ACCA 2
P2 Omer Yusuf FCCA, M.Sc (Eco), Advance Diploma in Acc. & Fin. (UK) 12
Imran Abbas M.Phil.Finance, ICMA (Fin) 8
P3 Omar Khan MBA (UK), M.Phil Management 10
Kamran Azim FCA 22
P4 Adnan Rashid FCA 15
P6 Raed Nazir FCCA, MIPA (Aus), ASA (Aus) 17
P7 Muhammad Abu Bakar ACA, FCCA 14
Sadaf Maaz ACA, FCCA 13


  • Out-of-Class academic support for weak students
  • Make-up classes for students who have missed out their regular class
  • Additional practice session, especially for numerical subjects
  • A qualified ACCA is heading the department
  • 6 dedicated academic support officers for after-class student support

Admission Rules

1. Registration fee is non-refundable and non-transferrable.
2. Admission process must be completed before commencement of classes
by depositing institute's dues.
3. Any outstanding dues must be cleared as per due dates.
4. After the expiry of due date, students with outstanding balance will not be
allowed to take classes of any enrolled subject.
5. Students are not allowed to drop any course/paper after enrollment.
6. If a student wishes to take extra class of any paper with other batch, he/she
must inform the respective course coordinator.
7. If a student wishes to re-sit in any course, 50% tuition fee will be charged.
8. Course, for which a student is enrolled, may be cancelled, due to any
circumstance, beyond institution’s control. However, in the event of such
cancellation, students will be informed and fee submitted will be refundable
without any deduction.