ACCA Annual Subscription Fee

ACCA Annual Subscription Fee: Full Breakdown of Costs, Payments & Benefits

The ACCA annual subscription fee is an obligatory fee charged to all ACCA members and students to maintain membership and access membership benefits. The annual subscription fee is used to sustain the professional body in servicing, updating, and supporting its members. Therefore, current or future ACCA students/members must understand the ACCA annual subscription fee, its sum, payment schedule, and coverage. The ACCA annual subscription fee varies depending on the member’s status and location, but generally, it includes access to exam entry, study materials, technical updates, and career support. Many students often ask about the total costs involved in becoming an ACCA member, and the subscription fee plays a crucial role. Besides the annual subscription, ACCA students must also pay registration fees, exam fees, and, in some cases, exemptions. 

What is ACCA Annual Subscription Fee?

The ACCA annual subscription is a yearly payment required from all registered students and members for active status. This money pays for access to all ACCA services and benefits, including entering exams, getting study resources, technical updates, and career support. This payment is thus an annual fee paid by ACCA as it continually maintains and improves conditions afforded what members and students worldwide receive.

The amounts differ for students and members. The lower ACCA subscription fee is charged for ACCA students compared to full members. This difference denotes the varying levels of services and rights available to each group. For instance, members can vote in ACCA elections and access professional development programs, while students receive exam support and study resources.

Paying the ACCA annual subscription fee on time is mandatory to avoid membership suspension. Non-payment can lead to loss of access to exams, study materials, and ACCA member services. Some students choose to freeze their membership temporarily if they cannot pay the fee immediately, but this must be arranged with ACCA.

ACCA Annual Subscription Fee

Breakdown of ACCA Annual Subscription Fee for Students and Members

The ACCA annual subscription fee varies according to the category of registration. This section explains the differences in fee amounts, who pays what, and when payments are due.

Subscription Fee for ACCA Students

ACCA students must pay the annual subscription fee after registering, and every year, they remain active in their studies. The fee is lower than that of full members to encourage more students to pursue the qualification without a heavy financial burden.

A student subscription fee opens the door to exam entries, relevant study material, and access to ACCA’s learning platform. This fee also allows for technical and professional updates that keep students informed about changes made to accounting standards and regulations.

Students who fail to pay the subscription fee risk losing the right to sit for exams and take the study resources available. ACCA is flexible in allowing late payment and also allowing a student to freeze his account for a limited period should financial difficulties arise.

Subscription Fee for ACCA Members

ACCA full members pay a higher annual subscription fee reflecting their professional status and access to enhanced benefits. Members receive exclusive career support, continuous professional development (CPD) resources, networking opportunities, and the right to vote and stand for ACCA committees.

The member subscription fee supports ACCA’s activities, such as advocacy, policy development, and global events. It also funds technical research and member support services.

Loss of the professional status of ACCA membership will occur unless a member pays his subscription fee on an annual basis. Non-payment can result in suspension or termination of ACCA membership, thereby hindering career opportunities and ruining professional credibility.

CategoryFee (GBP)Fee (INR approx.)Notes
ACCA Student£137₹13,700Payable annually by 1 January to maintain active student status.
ACCA Affiliate£156₹15,600Payable annually for up to three years after completing exams, before becoming a member.
ACCA Member£311₹31,100Payable annually by 1 January to maintain active membership.
Member Admission Fee£311₹31,100One-time fee upon admission to ACCA membership.

Payment Process and Important Deadlines for the ACCA Annual Subscription Fee

Understanding the payment process and deadlines for the ACCA annual subscription fee helps members and students avoid penalties and maintain uninterrupted access to ACCA benefits.

When to Pay the ACCA Annual Subscription Fee?

ACCA usually invoices the subscription fee at the beginning of each calendar year. Members and students receive reminders through email and their ACCA online accounts. The deadline for payment typically falls within the first few months of the year, often by the end of March.

Late payment of the ACCA annual subscription fee results in a suspension period where exam entry and access to resources are blocked. If payment remains overdue for an extended period, ACCA may terminate the membership or student registration.

How to Pay the Subscription Fee

You can pay the annual subscription fee to ACCA online through either the ACCA member portal or the ACCA student portal. ACCA has several payment methods, including credit/debit cards and bank transfers, to allow for easy payment that suits your own convenience. This lets you manage payments in a way that suits your finances as well.

Students and members need to keep track of confirmations of their payments for subsequent references. Payments could be reimbursed by certain employers or claimed through taxation in some countries; keep these documents and know where they are so you are organized and have all necessary documentation should any financial or tax questions arise.

Freezing Membership or Student Account

ACCA realizes that, at times, there may be monetary difficulties that may hinder the timely payment of the annual subscription fee. To give you some flexibility, ACCA has a freeze option for your membership or student registration. Freezing temporarily ceases your status but will not incur any penalty; however, you will not be able to access examinations and resources throughout the freeze period. Usually, the freeze period lasts a maximum of 12 months.

Freezing should be requested before the payment deadline to avoid suspension or termination. It provides flexibility for members facing financial difficulties or personal reasons.

Other Fees Related to ACCA: Registration and Exam Fees

In addition to the ACCA annual subscription fee, students and members must budget for other fees associated with the ACCA qualification.

Registration Fee

The initial ACCA registration fee is a one-time payment made at the time of registration. This fee grants access to the ACCA qualification and registration as a student. It is separate from the annual subscription fee and must be paid before starting exams.

Exam Entry Fees

Each ACCA exam requires an entry fee paid before the exam registration deadline. These fees vary based on the paper level (Applied Knowledge, Applied Skills, or Strategic Professional). Exam fees for ACCA are distinct from the annual subscription and must be budgeted separately.

Benefits of Paying ACCA Annual Subscription Fee

Paying the Association of Chartered Certified Accountants’ annual subscription fee on time has several key benefits for students and members.

Access to Exam Entries and Study Resources

Maintaining an active subscription ensures that students can register for exams and access ACCA’s extensive study resources, including learning modules, technical updates, and support forums.

Membership and Professional Status

For members, the annual subscription fee maintains professional membership status, allowing the use of the ACCA designation. It also grants access to exclusive professional development programs and global networking opportunities.

Updates and Technical Guidance

ACCA continuously updates accounting standards, tax laws, and auditing regulations. Subscription holders receive newsletters and updates that keep them informed about these changes, supporting their professional growth.

Career Support and Networking

Members gain access to ACCA’s career services, job boards, and global networking events, which can help with career advancement and business connections.

ACCA Annual Subscription Fee FAQs

Is the ACCA annual subscription fee compulsory?

Yes, payment is compulsory for all registered ACCA students and members to maintain active status.

What happens if the subscription fee is not paid?

Non-payment results in suspension of exam entry and loss of membership benefits, with possible termination of unpaid long-term.

Are there payment plans or installments for the subscription fee?

No, the full annual subscription fee must be paid within the deadline; ACCA does not allow installment payments.

Can the subscription fee be frozen?

Yes, ACCA allows freezing of membership or student registration for up to 12 months, suspending the fee temporarily.

Where can the subscription fee be paid?

The fee is paid online via the ACCA portal using accepted payment methods like credit/debit cards or bank transfers.