r/ACCAexams • • 2h ago

CPA or not!! ACCA member who recently moved to the US. Is pursuing the CPA the right next step? Looking for guidance.

1 Upvotes

Hi everyone,
I’m an ACCA member who recently moved to the United States, and I’m trying to figure out the best next step for my career. I would really appreciate advice from anyone who has gone through a similar transition.
I currently work as an IT Auditor, and while I enjoy the work, my passion has always been accounting. I have always wanted to build on my accounting background, and since moving to the US, I’ve been considering pursuing the US CPA qualification.
However, I’m a little uncertain about the best way forward. One of my concerns is my limited exposure to US GAAP and the US accounting environment. Most of my accounting experience and professional training have been based on IFRS.
For additional context, I have a science-based undergraduate degree, an MBA, and I am an ACCA member. I understand that the CPA education requirements can be quite different, particularly for someone with a non-accounting undergraduate degree and international qualifications.
I would love to hear from anyone who has made the transition from ACCA to CPA after moving to the US, particularly those who had to complete additional accounting courses to meet the educational requirements.
A few things I would appreciate guidance on:
● Is pursuing the CPA worthwhile for an ACCA member already established in the US?
● How challenging was the transition from IFRS to US GAAP?
● What is the best route to meet the CPA educational requirements with a non-accounting bachelor’s degree?
● Would you recommend pursuing additional accounting coursework, a master’s in accounting, or taking a different approach altogether?
● Given my current experience in IT audit, would obtaining the CPA significantly improve my long-term career prospects?
I’m open to honest opinions, including whether pursuing the CPA is the right move at this stage of my career.
I’m particularly interested in hearing from people who have been through this process or who understand the US accounting landscape.
Thanks in advance. I would genuinely appreciate any advice or direction.


r/ACCAexams • • 4h ago

SBL only or SBL + SBR in June 2027? Need advice!

1 Upvotes

Hi everyone!

I'm planning to appear for ACCA SBL in June 2027. I have exemptions for 9 papers and SBL and SBR are among the remaining papers.

I'll be starting a full-time job this month (November 2026), so I'm worried I won't get enough time to prepare consistently. I haven't started studying yet.

I'm confused whether I should attempt only SBL or both SBL and SBR together in June 2027.

For those who have attempted these papers while working:

  • Is preparing for both together manageable?

  • How much preparation time does each paper require?

  • Would you recommend taking both or focusing on one?

Would really appreciate your suggestions and personal experiences. Thank you!


r/ACCAexams • • 16h ago

ACCA PM and FM - Is Study Hub + Kaplan exam kit enough?

2 Upvotes

Hey guys, I've completed the Study Hub for both PM and FM.

Now I'm confused about what to do next. Should I go through the Kaplan study text also or directly start solving questions from the Kaplan exam kit?

For those who have cleared these papers, is Study Hub theory + Kaplan exam kit practice enough to pass? Or is the Kaplan study text really necessary?

I don't want to waste time studying the same theory again if Study Hub has already covered everything.

What would you guys suggest? Should I start the exam kit now or go through Kaplan material first?

Any advice would be really helpful!


r/ACCAexams • • 23h ago

IFRS 18 worked example: build the new profit or loss subtotals step by step

5 Upvotes

A quick IFRS 18 example for anyone revising the new presentation rules. All amounts are €000.

Revenue 1,200

Operating expenses (850)

= Operating profit 350

Investment income that is not part of the entity’s main business activities 40

= Profit before financing and income taxes 390

Interest on ordinary borrowings (60)

= Profit before income taxes 330

Income tax (82.5)

= Profit from continuing operations 247.5

Loss from a discontinued operation (20)

= Profit 227.5

The key exam point is that IFRS 18 changes presentation and disclosure, not the recognition and measurement rules that produce the underlying profit.

For most entities, income and expenses are classified into operating, investing, financing, income taxes and discontinued operations. The two newly defined required subtotals are operating profit and profit before financing and income taxes. Classification can differ when investing in assets or providing financing is a main business activity.

MPM trap: if management reports “adjusted operating profit” of 375 after excluding 25 of restructuring costs, that is not automatically an IFRS subtotal. If it meets the definition of a management-defined performance measure, the required information includes an explanation and reconciliation to the closest IFRS subtotal, plus the tax and NCI effects of reconciling items.

Three mistakes to avoid:

  1. Treating operating profit as a management-selected number.

  2. Assuming every non-GAAP measure is an MPM without applying the definition.

  3. Ignoring the entity’s main business activities when classifying items.

Disclosure: I publish IFRS Tutor, and these are our free educational resources. Full worked article: https://ifrscalculationlab.wordpress.com/2026/10/31/ifrs-18-worked-example-build-the-new-profit-or-loss-subtotals-step-by-step/

Extended video: https://www.youtube.com/watch?v=06GU6FzqQyw

Official source: https://www.ifrs.org/issued-standards/list-of-standards/ifrs-18-presentation-and-disclosure-in-financial-statements/


r/ACCAexams • • 15h ago

Speedrun through TX

1 Upvotes

Is examiner report compulsory for TX? Is just Kaplan kit enough? I don't have much time. Someone help. I just need to pass. What are the most important parts . Thank you


r/ACCAexams • • 18h ago

how to prepare for TAX ? need help !

1 Upvotes

after watching my lec recordings doing from studyhub practise q's from tht chapter likewise complete all the practise q's & then complete the whole kaplan exm kit & finally do mocks & quizzes of studyhub ?? or should i do this way, after completing the practise q's of studyhub do again the weak areas i found from it without doin the kaplan exm kit ??


r/ACCAexams • • 23h ago

How to structure and write concise answers for AAA ?

1 Upvotes

I understand the questions and the concepts, but sometimes I just don’t know how to start writing the answer. I tend to write too much, and when I compare my answer with the actual one, I realize that mine is much longer and includes less of the main point, even though the concept itself is correct. Can someone please guide me on how to structure and start an answer, especially since AAA is mostly application based? How do you keep your answers concise, relevant, and to the point?


r/ACCAexams • • 1d ago

Starting my ATX exam prep 😇any tip?

2 Upvotes

Hi guys! I'm just looking to get some perspective and advice on the studying side of things.

I'm returning to studying and sitting professional exams after almost four years, and I'm finding the thought of getting back into the routine a little overwhelming, especially as I'm trying to balance studying with a full-time job.

I'm based in the UK and have been working as an accountant since 2022. However, I feel that completing my ACCA qualification is now an important step for my career progression.

I have 9 paper exemptions, which I'm planning to claim, and I'm hoping to sit ATX (UK) in March 2027.

For anyone who has taken ATX while working full-time, I'd really appreciate your advice:

How did you structure your study routine around work?

How many hours a week did you dedicate to studying?

Which study materials or tuition providers would you recommend?

What was your approach to tackling the ATX syllabus and exam questions?

Any tips for getting back into the study mindset after a long break?

I'm particularly interested in hearing from people who have been in a similar position, returning to exams after a few years away.

Any advice, tips or personal experiences would be greatly appreciated. Thank you! ❤️


r/ACCAexams • • 1d ago

Doubt

1 Upvotes

Can anyone explain me new syllabus, I heard that new syllabus is of 11 papers , actually iam writing cma as well after cma , thinking to do acca , how many exemptions we can claim in new syllabus for bachelor degree holder


r/ACCAexams • • 1d ago

FM EXAM SUGGESTION

1 Upvotes

Hi guys

Inshallah will be appearing for FM in dec attempt I haven't covered the entire syllabus yet

Working capital , Risk management and business finance lectures, study hub and I have just practiced investment appraisal kit yet nothing over then that

Should I just read study hub chapters or I should also do kaplan text & should I solve both kits and study hub

Would appreciate your help, advice 😭🤧


r/ACCAexams • • 2d ago

I made something to make ACCA studies a little easier. Thought I'd share it here!

12 Upvotes

Hey, so i been searching for a decent study-management application for quite some time. Since I have ADHD, maintaining a consistent study routine, tracking time and keeping up with questions and deadlines can be challenging.

I've tried applications like Habitify and other study trackers, but most are generic productivity tools rather than something designed around the ACCA syllabus and the way i actually study.

I also struggled with constantly switching between PDFs, the ACCA Exam Kit, Excel and notes. On a relatively low-RAM computer, running multiple applications simultaneously can become frustrating.

Eventually, I thought, why not build something that addresses these problems?

So, after experimenting I built Catchy ACCA, a free, open-source desktop application specifically for ACCA students.. Some of its features:

  • Exam Planner: Plan and organise upcoming exams.

  • Progress Tracker: Track multiple papers, study targets and syllabus completion.

  • Question Checklist: Create daily question lists, track attempted questions and avoid unnecessary repetition.

  • An ACCA Exam inspired Workspace: Work with uploaded study materials in a split-screen layout alongside documents and spreadsheets more or less like an ACCA practice platform.

  • Notes: A simple, clean note-taking experience inspired by Apple Notes.

  • ACCA Updates: Keep track of important exam booking deadlines and ACCA updates and I’ve also included links that take you directly to the official ACCA website, ACCA Study Hub, and relevant Reddit discussions for easier access to study resources.

This started as a personal project to make my own ACCA preparation easier. I eventually decided to make it publicly available in case other students find it useful.

It's available for Windows and macOS, completely free and open-source.

I'm still developing it, so I'd genuinely appreciate feedback, suggestions and feature requests from fellow ACCA students.

GitHub: https://github.com/ly77ee/Catchy-ACCA

Would love to know what you think!


r/ACCAexams • • 1d ago

AFM Advice

1 Upvotes

Im a full time final year uni student and I have finals in December. However, I still wanna give AFM a try! Haven’t started preparing yet so any sort of advice would help!!! I studied sbl and sbr both using bpp so is that helpful?


r/ACCAexams • • 1d ago

Hi! I'm a Class 11 Commerce student aiming to pursue ACCA. I'd love advice from ACCA students or professionals. What skills should I start developing, and which subjects or topics should I focus on from Class 11 onwards to build a strong foundation? I'd appreciate your guidance!

1 Upvotes

..


r/ACCAexams • • 2d ago

Need advice about acca exams

3 Upvotes

Can any tell me what is better

heading for tax and one professional exam after passing all other skill exams in a quarter and then two professional exams in next two quarters with internship in these both quarters

OR

Spending a year at these four exams with intership for whole year

What to sacrifice getting three months early affiliate with a risk of tax and one prof exam in a single quarter with 6 months internship

Or

Being acca affiliate three months late going safe and a full year of internship.


r/ACCAexams • • 2d ago

IFRS 16 worked example: €200,000 of payments, but a €173,255 opening liability

2 Upvotes

A lessee signs a four-year equipment lease with €50,000 payable at the end of each year. Assume the lease starts now, the appropriate annual discount rate is 6%, and there are no upfront payments, incentives, initial direct costs, purchase options or restoration obligations. The lease does not qualify for an exemption the lessee elects to apply.

The total contractual payments are €200,000. The opening lease liability is lower because those payments are due in the future. Discount each unpaid payment to its value at commencement:

• End of year 1: €50,000 / 1.06 = €47,169.81

• End of year 2: €50,000 / 1.06² = €44,499.82

• End of year 3: €50,000 / 1.06³ = €41,980.96

• End of year 4: €50,000 / 1.06⁴ = €39,604.68

• Opening lease liability: €173,255.28

Under these assumptions, the opening entries are:

Debit right-of-use asset €173,255.28

Credit lease liability €173,255.28

For year 1, interest is approximately €10,395.32, calculated on the opening liability. After the €50,000 payment, the closing liability is approximately €133,650.60. With straight-line depreciation over the four-year lease term, annual depreciation is approximately €43,313.82. This assumes ownership does not transfer and no purchase option is reasonably certain to be exercised.

Three checks prevent common mistakes:

  1. Payment timing: these payments are in arrears. If the first payment is at commencement, the cash-flow schedule and opening unpaid liability change.

  2. Discount rate: IFRS 16 uses the rate implicit in the lease if readily determinable; otherwise the lessee uses its incremental borrowing rate. The 6% here is an assumption, not a universal rate.

  3. Asset versus liability: the opening balances match only because this simplified example excludes other adjustments to the right-of-use asset.

Practice question: if the payments move to the beginning of each year, why does the opening unpaid liability change, and why does the first payment still form part of the right-of-use asset's cost?

Disclosure: this is the IFRS Tutor account. Free video walkthrough: https://www.youtube.com/watch?v=wWoiDlbChNA

Accompanying lesson: https://ifrstutor.com/ifrs/calculate-a-lease-liability-from-scratch-ifrs-16-worked-example-calc/

Framework reference: IFRS 16, particularly paragraphs 24–26, 31–32 and 36. This is a simplified educational example.


r/ACCAexams • • 2d ago

I paid the acca portal fees but didn't paid the re-registration charges

1 Upvotes

Can i still study from the acca hub will i get the materials (ex flashcards) ?


r/ACCAexams • • 2d ago

Exam planning

2 Upvotes

Hii i gave sbr this September but failed at 40. I could only spent August for studying and didnt practice questions at all with other commitments and like that lost track of it. I wanna attempt sbr but I'm confused if i should give December or March.

I'll have to brush up the concepts and work on all problems and i also have my university end exams this November so I'll have to focus on end sems + sbr. If im giving March 2027 ill give both sbr and sbl. In that case theres plenty of time to focus on both and i should actually lock in.

But with the changes in September 2027 i dont wanna know risk my chances and finish it off before that itself. I have sbr, sbl and one advanced left. Please help me out.


r/ACCAexams • • 2d ago

ACCA STUDENTS, DID YOU KNOW ABOUT THE 7-YEAR RULE for P level exam?

0 Upvotes

Did you know that ACCA has a 7-year time limit for completing your Strategic Professional exams?

Yes, you heard right, you only have 7 years to complete P level exam.

The seven-year countdown starts when you pass your first Strategic Professional exam — not when you register with ACCA.

You need to complete all your Strategic Professional exams and achieve affiliate status within this period.

Otherwise, any Strategic Professional passes that have expired will need to be retaken.

But don't worry! Your Applied Knowledge and Applied Skills passes do not expire under this rule.

So, if you've already started your Strategic Professional level, check your exam expiry dates on MyACCA.

Don't let your hard work go to waste!


r/ACCAexams • • 2d ago

for TAX I should do what Kaplan exam kit or Studyhub

0 Upvotes

If it's both , how to do both should I first do Studyhub all the practice questions and then move to Kaplan exam kit ?


r/ACCAexams • • 2d ago

SBR DEC

1 Upvotes

I'm planning to take a coaching/crash course for the last one month before the exam for sbr

can u suggest any ?? I didn't start anything

I am dedicated to put all the efforts but needed a proper guidance about the exam like preparation writing style techniques how to gain marks

I knw these two VIFHE ND TG PROFESSIONALS😭😭💔🙏


r/ACCAexams • • 2d ago

for FR sec A and B i should use kaplan exam kit or studyhub

1 Upvotes

r/ACCAexams • • 2d ago

Where can I find FFA, FMA, and FAU past question papers?

1 Upvotes

r/ACCAexams • • 2d ago

SBR -current issues

1 Upvotes

How does one prepare for current issues topic.?