Is ACCA Difficult? An Honest Opinion of ACCA Affiliate

The ACCA (Association of Chartered Certified Accountants) qualification is a pivotal step towards achieving that goal. But, like many, you might be wondering: Is ACCA really difficult?

In this comprehensive guide, we’ll dive deep into what makes the ACCA qualification both challenging and rewarding. From the structure of the exams to the dedication required, we aim to provide you with a clear picture. Whether you’re a fresh graduate, a working professional looking to upskill, or simply curious about ACCA, this article is your one-stop resource.

Join us as we unravel the truth behind the ACCA’s rigor and discover the secrets to succeeding in one of the most respected qualifications in the finance world.

What is the ACCA Qualification?

The Association of Chartered Certified Accountants (ACCA) is a globally recognized accounting qualification, esteemed for its rigorous standards and comprehensive curriculum. It’s a passport to a successful career in finance and accounting, enabling professionals to gain expertise in financial management, taxation, auditing, business law, and corporate governance.

Key Competencies and Skills Covered by the ACCA Curriculum

The ACCA curriculum is designed to equip students with a wide range of competencies and skills essential in the modern financial world. This includes:

  • Financial Reporting and Management: Understanding and interpreting financial statements and managing finances efficiently.
  • Taxation and Law: Comprehensive knowledge of taxation systems and business laws.
  • Audit and Assurance: Skills in reviewing financial records and providing assurance services.
  • Business Analysis: Abilities to analyze business operations and contribute to strategic planning.
  • Professional and Ethical Skills: Developing a strong ethical mindset to make informed and ethical professional decisions.

Each of these areas contributes to creating a well-rounded finance professional who can adapt to various roles within the financial sector.

Overview of the ACCA Exam Structure

The ACCA exam structure is divided into three levels:

  1. Applied Knowledge: This level introduces students to the core areas of financial and management accounting.
  2. Applied Skills: It builds on the knowledge base with six exams focusing on key areas like corporate and business law, performance management, taxation, and audit and assurance.
  3. Strategic Professional: The final level combines essentials of strategic business leadership and advanced financial management with options to specialize in specific areas.

Exams are a mix of computer-based and paper-based formats, designed to test not just knowledge but the practical application of skills in real-world scenarios.

If you want to know more about the ACCA Qualification, you may want to read – All About ACCA

Examining the Difficulty of ACCA

The difficulty of the ACCA qualification can be analyzed from various angles, each offering insights into what makes this journey challenging yet rewarding.

Pass Rates and Statistics

Given Below are the pass rates and statistics of various subjects of ACCA qualification for the year 2023 –

Applied Knowledge Level:

  • Business and Technology (BT): 86%
  • Management Accounting (MA): 64%
  • Financial Accounting (FA): 71%

Applied Skills Level:

  • Corporate and Business Law(LW): 84%
  • Taxation(TX): 54%
  • Financial Reporting(FR): 47%
  • Performance Management(PM): 40%
  • Financial Management(FM): 49%
  • Audit and Assurance(AA): 42%

Strategic Professional Level:

  • Strategic Business Leader(SBL): 50%
  • Strategic Business Reporting(SBR): 50%

Strategic Professional – Options:

  • Advanced Audit and Assurance(AAA): 34%
  • Advanced Financial Management(AFM): 45%
  • Advanced Performance Management(APM): 34%
  • Advanced Taxation(ATX): 48%​​.

Interpretation of Pass Rates:

  • General Trends: The average pass rate for ACCA is around 55%​​, indicating a moderate level of difficulty. The exams are challenging and require significant investment in time, money, and effort to clear​​. Some students find the ACCA difficult due to the amount of time and effort required for preparation​​.
  • Subject-Specific Variation: Certain subjects, especially at the professional level like Strategic Business Reporting (SBR) or Advanced Audit and Assurance (AAA), tend to have lower pass rates. This indicates higher complexity and the advanced skills required.
  • Historical Comparison: Over the years, pass rates have shown fluctuations, sometimes influenced by curriculum updates or changes in exam format.

Comparisons with Other Accounting Qualifications:


Global vs. Regional FocusGlobally recognised with a broad international perspective on accounting and financeMore region-specific, focusing on accounting practices and regulations relevant to a particular country
Syllabus BreadthCovers a wide range of topics for a holistic view of finance, business, and managementMore focused on auditing, taxation, and financial reporting as per the specific country’s standards
FlexibilityKnown for flexibility in exam schedules and study pace, beneficial for working professionalsCan be more rigid in structure and timelines
Entry Requirements and ExemptionsAccepts a range of qualifications for entry and offers more exemptions based on prior qualificationsStricter entry requirements

To get a more in-depth comparison between the two, read – ACCA vs CA


Global RecognitionWidely recognized globally, strong presence in over 180 countriesMore U.S.-centric, highly recognized in the United States and in countries that follow U.S. GAAP and auditing standards
Syllabus ContentCovers a broad range of topics including financial and management accounting, audit, tax, business law, and strategic business leadershipFocused on U.S. GAAP, U.S. federal taxation and auditing standards, business environment and concepts, and regulation
Exam Structure and FlexibilityOffers flexibility with multiple exam windows per year and a 10-year period to complete all examsCPA exams must be completed within 18 months, with testing windows and restrictions varying by state in the U.S.
Career PathwaysOpens doors to careers in global accounting and finance roles, consultancy, and management positions worldwidePrimarily suited for careers in U.S. public accounting firms, corporate accounting in the U.S., and roles requiring U.S. GAAP expertise


Global RecognitionRecognized globally, with a strong emphasis on comprehensive accounting skillsGlobally recognized but more focused on management accounting
Syllabus ContentProvides a broad accounting education covering audit, tax, financial reporting, and business strategyFocuses on management accounting, business strategy, and financial strategy, with more emphasis on business decision-making
Exam Structure and FlexibilityFlexible exam schedule, allowing candidates to take exams at various times throughout the yearOffers flexibility in exam schedules, with case study exams held four times a year and objective tests available on-demand
Career PathwaysPrepares for diverse roles in accounting, finance, auditing, and taxation in various sectorsMore tailored for careers in business and financial management, focusing on strategic business roles

Complexity of Study Material

The ACCA curriculum is renowned for its depth and breadth, covering a wide range of topics that are essential for finance professionals.

  1. Diverse Subject Areas: The syllabus encompasses everything from basic accounting principles to more complex areas like strategic business planning, corporate law, and taxation. This diversity requires students to develop a broad understanding across multiple domains of finance and business.
  2. Global and Local Standards: ACCA includes a comprehensive study of both international and local accounting and financial standards. Students need to be adept at navigating these sometimes contrasting guidelines, which adds to the complexity.
  3. Practical Application: The curriculum is not just theory-based; it demands an understanding of how these concepts are applied in real-world scenarios. Case studies and practical examples form a significant part of the learning process.
  4. Continuous Updates: The ACCA syllabus is frequently updated to keep pace with changes in the financial and business world. This requires students to stay abreast of the latest developments, adding another layer of complexity.

Volume of Study Content

The volume of study material in the ACCA program is considerable, reflecting the comprehensive nature of the qualification.

  1. Extensive Reading Material: Each of the 13 exams has its own set of study texts, revision kits, and practice papers. The volume of material for each paper can be quite extensive.
  2. Time Investment: Students often report investing significant amounts of time in studying for each exam, with recommended study hours ranging from 50 to 100 hours per paper.
  3. Balancing Act: Many students balance their studies with work or other commitments, making the volume of content more challenging to manage.
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How to Overcome the Difficulty of ACCA Exam

Navigating the ACCA qualification journey can be challenging, but a wealth of resources and support systems are available to help students succeed.

Review of Study Materials and Resources Available

Official ACCA Study Texts

These are comprehensive guides covering each syllabus area in detail. They are updated regularly to reflect the latest exam structure and industry trends.

Revision Kits

These kits typically include exam-style questions, past papers, and solutions, enabling students to practice and prepare effectively for exams. Institutes like Quintedge, LSBF, BPP Provide comprehensive revision kits.

Online Learning Platforms

Platforms like Quintedge, Zell and IMS Proschool offer interactive courses, especially useful for self-study students.

Mobile Apps

Various apps provide convenient access to study materials, quizzes, and progress tracking, facilitating on-the-go learning.

Why is ACCA Coaching Important?

Structured Learning Approach

Coaches and tutors can provide a structured learning path, breaking down complex topics into manageable segments.

Personalized Feedback

One-on-one or small group tutoring allows for personalized feedback, addressing specific areas of difficulty.

Motivation and Accountability

Regular sessions with a coach or tutor can help maintain motivation and accountability, essential for staying on track with study plans.

Exam Techniques and Tips

Experienced tutors often share valuable exam techniques and tips, which can make a significant difference in performance.

Online Forums and Study Groups:

Community Support

Online forums like ACCA Learning Community and social media groups offer a platform for students to connect, share experiences, and seek advice.

Peer Learning

Study groups, whether formed online or in person, facilitate peer learning. Discussing topics with fellow students can aid in better understanding and retention of information.

Access to a Wider Pool of Resources

Through these groups, students can access a wider pool of resources shared by peers, such as study notes, summaries, and recommended readings.

Emotional Support

The journey can be stressful, and having a community that understands the challenges can provide much-needed emotional support.

Strategies for Success in ACCA

Achieving success in the ACCA exams requires more than just understanding the syllabus; it involves strategic planning, effective study techniques, and maintaining mental well-being. Here are some strategies to help ACCA students succeed:

Best Study Techniques and Practices

  • Active Learning: Engage in active learning techniques like summarizing notes, teaching concepts to others, or applying theories to practical scenarios.
  • Practice with Past Papers: Regularly practicing with past exam papers helps in understanding the format and style of questions, and also aids in identifying areas needing improvement.
  • Conceptual Understanding Over Rote Memorization: Focus on understanding the underlying concepts rather than just memorizing facts. This approach is crucial, especially for application-based questions.
  • Use of Mnemonics and Visual Aids: Techniques like mnemonics or visual aids like charts and diagrams can simplify learning and improve memory.

Time Management and Planning

  • Realistic Study Schedule: Create a study schedule that allocates time to different subjects based on their difficulty and your proficiency. Stick to this schedule consistently.
  • Break Down Larger Goals into Smaller Tasks: This makes the study process less overwhelming and helps in tracking progress.
  • Prioritize Tasks: Focus on more challenging topics first and allocate more time to them in your study plan.
  • Regular Breaks: Schedule short breaks to avoid burnout and maintain productivity.

How to Deal with Difficult Topics within the ACCA Syllabus?

  • Identify and Tackle Challenging Areas Early: Recognize the topics you find difficult and focus on them early in your study plan.
  • Seek Help: Don’t hesitate to seek help from tutors, mentors, or study groups when struggling with tough topics.
  • Use Multiple Resources: Different resources can offer varying explanations and perspectives that might resonate better with your understanding.

Mental Health and Stress Management During Preparation

  • Regular Exercise and Healthy Eating: Physical activity and a balanced diet can greatly impact mental well-being and stress levels.
  • Mindfulness and Relaxation Techniques: Practices like meditation, deep breathing exercises, or yoga can help manage stress and improve focus.
  • Adequate Sleep: Ensure you get enough rest, as sleep plays a critical role in memory consolidation and cognitive function.
  • Balancing Study with Leisure: It’s important to have leisure activities or hobbies to relax and recharge.

The Rewards of the ACCA Qualification

Many aspiring professionals ponder, “Is ACCA worth it?” The rewards of the ACCA qualification indeed affirm its value, offering a multitude of career, financial, and networking benefits.

Career Opportunities After Obtaining the ACCA

  • Diverse Roles and Industries: The ACCA qualification opens doors to a wide range of career opportunities across various sectors, reaffirming that ACCA is indeed worth the commitment.
  • Global Career Prospects: For those questioning the international value of ACCA, its recognition in over 180 countries highlights its worth for global career mobility.
  • Leadership and Specialization: ACCA’s comprehensive curriculum equips candidates for leadership roles and specialization, further proving its worth in career advancement.

Financial Benefits and Earning Potential

  • Salary Advantages: The financial rewards of ACCA, including higher salary prospects, answer the common query about ACCA’s worth in terms of financial returns.
  • Enhanced Career Progression: The progression opportunities for ACCA members highlight the tangible worth of this qualification in one’s career trajectory.
  • Consulting Opportunities: The expertise gained through ACCA, leading to consulting roles, underscores the qualification’s worth for those seeking flexible and high-earning career paths.

The Value of the ACCA Network and Global Community:

  • Extensive Professional Network: Being part of ACCA’s vast global community is a key aspect that adds to the worth of this qualification, offering unparalleled professional networking opportunities.
  • Access to Exclusive Resources: The wide range of resources available to ACCA members further answers the question, by providing continuous learning and development opportunities.
  • Support and Recognition: The global recognition and credibility that come with ACCA membership solidify its worth in the professional world.


The Challenge: There’s no denying that the ACCA qualification is challenging. Its extensive syllabus, covering a broad spectrum of topics, and the depth of knowledge required are demanding. The rigor of the exams, testing not just your understanding but also your ability to apply concepts in practical scenarios, adds to the challenge.

The Perspective: However, it’s important to remember that difficulty is subjective. For someone with a strong background in accounting or finance, certain aspects of ACCA may be less daunting. Additionally, the flexibility in exam scheduling and the wide range of support available – from study materials to online forums – make this journey manageable.

Compared to Other Qualifications: When compared to CPA, CIMA, and CA, the ACCA holds its own in terms of difficulty. Each qualification has its unique challenges, with ACCA standing out for its global applicability and comprehensive content. While CA might be considered more difficult due to lower pass rates and a deeper focus on specific regions, ACCA’s global perspective brings its own set of challenges and rewards.

In Summary: Yes, ACCA is difficult but, the skills and knowledge gained, the global opportunities it opens up, and the professional respect it garners make the hard work and dedication pay off. For those aspiring to a significant career in finance and accounting, ACCA is a pathway to success, demanding but undoubtedly rewarding.

Frequently Asked questions

Is ACCA more difficult than other accounting qualifications?

ACCA is challenging due to its comprehensive syllabus and rigorous exams. It’s considered slightly less difficult than the CA qualification but on par with CPA and CIMA in terms of challenge.

What support resources are available for ACCA students?

ACCA students have access to a variety of resources, including official study texts, revision kits, online learning platforms, and a global network of professionals.

What are the financial benefits of completing the ACCA qualification?

ACCA qualification can lead to higher earning potential and opportunities for career advancement in the finance and accounting field.

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