When one determines to take up an ACCA course on their educational journey, it is vital to know the intricacies of the registration fees attached to it. The fees applicable are not only membership fees or registration fees, there are several categories of fees charged, and they change according to the stage at which the candidate is. Gaining full knowledge of the ACCA registration fees will ensure that the candidate is fully informed about his educational journey so that the finances required can be arranged accordingly.
The details in this article, are specific to the ACCA registration fees for 2024, as the fees might differ yearly.
ACCA Registration Fees 2024
The ACCA, which stands for Association of Chartered Certificate Accountants, helps candidates in accounting and finance globally, also catering to students worldwide. As the ACCA is widely accepted by employers globally, the courses are always in high demand. It helps candidates gain deep and authentic knowledge in the field related to audit, accounting, and finance as per global standards. Pursuing this course will later open doors to great career options offering lucrative salaries worldwide. However, like for taking up any course, for this one as well, knowing and being fully aware of the ACCA registration fees for 2024 is important, as the fee might slightly change each year.
ACCA Fees in India 2024
The fees related to ACCA in India have been stated below, depending on the category.
Foundations for Accountancy Students
The details are stated below in tabular form
Registration and Subscription Fees
| Product | Price |
| Initial registration(one-time fee which the students are entitled to pay at the time of registration) | |
| Re-registration(In case the students fail to pay this amount, their names will be removed from the ACCA registration list and they will need to clear all dues to get their admission initiated.) | |
| Annual subscription(It is the fee asked to be paid every year to keep their registration alive.) | £30 |
Exemption Fees
Exemption fees are the fee which the candidate is exempted from paying for the ACCA exam. Exemptions from each subject exam are free of charge.
| Product | Price |
| ACCA Diploma in Accounting and Business (RQF Level 4)(This is for the exams of FAB, FMA and FFA. Thereafter, a fee is chargeable per exemption awarded) | |
| Certified Accounting Technician (CAT) Qualification(This is for the exams of FTX, FFM and FAU. Thereafter, a fee is chargeable per exemption awarded) |
Exam Fees
This fee is charged every year for every exam the candidate appears for
Please note that if you are taking examinations at a special centre or an unlisted special centre, you will need to pay any additional local invigilation and accommodation fees. These fees are usually paid to the Exam Supervisor directly before the exam date.
For taking up the ACCA Diploma in Financial and Management Accounting exams, there are two options available, such as remote on-demand exams or exams at one’s local Computer Based Exam (CBE) centre, which depends on one’s location. The remote on-demand exam fees are to be paid via a related link, and for the CBE exams, the charge is decided by the respected centres themselves.
| Product | Fees |
| Certified Accounting Technician (CAT) Qualification(This is for the exams of FTX, FFM and FAU. Thereafter, a fee is chargeable per exam)September 2024 standard entry (this is for any format which closes on July 29, 2024 at 23:59 GMT) | £108 |
| September 2024 late entry (in case of remote which closes on August 5, 2024 at 23:59 GMT) | £108 |
| September 2024 late entry (at the centre which closes on 5 August 2024 at 23:59 GMT) | £330 |
Students who belong to Scotland will be entitled to receive award certificates for the Scottish regulated titles.
| Certification | Fees |
| Certified Accounting Technician (CAT) Qualification(This fee is applicable when the candidate gains the status of CAT holder) | £80 |
Diploma in International Financial Reporting
The details are mentioned below in tabular form
Registration and Subscription Fees
The details related to the ACCA registration fees and subscription fees have been stated below.
| Product | Price |
| Initial registration(this fee is paid once initially at the time of registration with ACCA) | £89 |
Exam Fees
As the DipIFR exams are to be held twice each year (June and December) the candidates are entitled to pay the fees each year they enter.
| Product | Fees |
| Dip IFR (Global) exam fees(per exam fees are chargeable) | £135 |
| June 2024 entry(the window closed on 29 April 2024 at 23:59 GMT) | £135 |
Subscription Fees for Affiliates
The details of the fees chargeable for affiliates have been stated below.
| Product | Fees |
| Subscription 2024(This is to be paid annually after earning the affiliate status.) | £149 |
| Permanent Subscription(This is charged annually after earning the status of an affiliate.) | £297 |
| Reinstatement(The fee charged to the ACCA affiliate register if removed) | £67 |
Members of ACCA
The members of ACCA are also entitled to pay certain fees, details of which have been stated below.
Admission and Subscription Fees
The members are required to pay certain admission and subscription fees, details of which have been stated below.
| Product | Fees |
| Admission to membership(this is payable when the admission is successful to the membership | |
| Annual subscription 2024(All ACCA members need to pay this fee annually) | £297 |
| Extended leave subscription(there might be scenarios where the members are entitled to pay a reduced annual subscription charge) | £67 |
| Subscription assistance(there might be scenarios where the members are entitled to pay a reduced annual subscription charge) | £149 |
| Reinstatement(The fee charged to the ACCA affiliate register if removed) | £67 |
| Lifetime membership commutation fees (this is a fee allowing members to transfer to the register of retired members) | £297 |
Conclusion
Embarking on your ACCA journey involves more than just academic preparation; it requires a comprehensive understanding of the financial aspects, including registration fees. Gaining knowledge of the ACCA registration fees and also a few related fees. This knowledge will eventually help the candidates move ahead in their educational journey in a more planned way.
| Highlights The fees related to ACCA in India have been stated below, depending on several categories.As far as the basic registration and subscription fees are concerned, the initial fee is £30, re-registration is £30 and the annual subscription is £30.And charges for the admission to membership of ACCA is £149/ |
ACCA Registration Fees FAQs
Q1. What is the significance of the initial registration fee for ACCA?
Ans. The initial registration fee serves as your gateway to the ACCA world, facilitating the setup of your student account and granting you access to an array of resources and support services tailored to your educational journey.
Q2. How do annual subscription fees benefit ACCA students?
Ans. Annual subscription fees are essential for maintaining your status as an active student. These fees ensure continuous access to ACCA’s extensive support network, keeping you updated on syllabus changes, exam schedules, and professional development opportunities.
Q3. What factors influence ACCA exam entry fees?
Ans. ACCA exam entry fees vary based on factors such as exam level (Applied Knowledge, Applied Skills, or Strategic Professional) and the timing of your registration. Understanding these nuances allows you to plan your exam strategy effectively while optimizing costs.
Q4. Why do ACCA students need to pay exemption fees?
Ans. Exemption fees acknowledge your prior qualifications and expertise, allowing you to bypass certain exams. While these fees represent an additional cost, they reflect the value of recognizing your existing knowledge and credentials within the ACCA framework.
Q5. What payment options are available for ACCA fees?
Ans. ACCA offers various payment methods, including credit/debit cards, bank transfers, and occasionally localized options tailored to your region. Exploring these payment avenues ensures flexibility and convenience in managing your financial commitments.
