ACCA Program

ACCA Training

Efficiency, sustainability, profitability, and transparency all closely depend on the quality of your accounting. Skilled accountants are necessary to prepare the figures for budgeting, hiring, growing, borrowing, buying and pricing. ACCA training is the best investment you can make.

Competitive advantage for you and your business

ACCA embeds the global accounting education standards set by the International Federation of Accountants, and is one of the most valued professional qualifications for finance managers, accountants, and auditors.

Students who have completed Fundamentals level papers F1 - F9 are eligible to obtain a BSC Degree in Applied Accounting from Oxford Brooks University, a recognized and highly respected UK University.

For those interested, a local qualification from the Kampuchea Institute of Certified Public Accountants and Auditors and the Ministry of Economic and Finance can be earned at the same time.

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The Students

Applicants with a bachelor or master degree in a related subject from an approved university and at least one year professional experience are invited to apply. Completion of an entrance exam is required. The entrance exam includes tests of English, maths and accounting.

The Qualification

The ACCA Qualification is your route to professional status. It is designed to provide the accounting knowledge, skills and professional values which will deliver finance professionals who are capable of building successful careers across all sectors.

The ACCA qualification indicates a high level of expertise level and authorizes an accountant to legally engage in private or public practice. ACCA (the Association of Chartered Certified Accountants) has signed a joint examination scheme agreement with Kampuchea Institute of CPAs and Auditors (KICPAA) and the National Accounting Council (NAC) of the Ministry of Economy and Finance, Cambodia

The Courses

The following courses may be taken individually, but in numerical order up to four papers may be taken simultaneously. Exemptions may be available for graduates holding a degree or higher.

FUNDAMENTALS PAPERS: KNOWLEDGE

Course Description Skills Acquired
Business and Technology (BT)

Lecturer: Dr. Juliet Uy

 
This is a course on business functions and
emphasis on managing people and business strategy.
  • Motivating individuals and teams
  • Principles of business strategy
  • Principles of corporate governance
Management Accounting MA (F2)

Lecturer: Maria Manzon, CPA, MDE

 
This course reviews costing techniques,
, standard costing and variance analysis.
  • Budget preparation
  • Budget control and reporting
  • Standard costing, variance analysis
Financial Accounting FA (F3)

Lecturer: Casey Barnett, FCCA, CFA, MBA

 
Students learn the basics of how to prepare
IFRS, focusing on the income statement and balance sheet.
  • Preparing a balance sheet
  • Preparing an income statement
  • Correcting accounting errors

FUNDAMENTALS PAPERS: SKILLS

Course Description Skills Acquired
Diploma in Cambodian Business Law

Lecturer: Prum Virak, PhD

 
This course covers corporate law essentials,
law, contract Law, legal formation of a business, and corporate governance
  • Company formation
  • Labor contract management
  • Rights and responsibilities under contracts
Performance Management PM (F5)

Lecturer: Maria Manzon, CPA, MDE

 

Continuing from F2, this course develops budgeting and costing skills with in-depth study of variance analysis and how to manage performance controls.

  • Absorption costing, marginal costing
  • Process costing, service costing
  • Cash budgeting
Diploma in Cambodia Tax

Lecturer: Song Kosal, MA

 
Accredited by the ACCA, this course earns an exemption from F6. The course covers tax skills required of a professional accountant: tax on profit, salary tax, tax exemptions, specific taxes, and the tax legal framework.
  • Calculation of tax on profit
  • Determination of withholding tax
  • Determining tax on salary and benefits
Financial Reporting FR (F7)

Lecturer: Casey Barnett, FCCA, CFA, MBA

 
F7 continues from F3. Students learn to prepare an IFRS compliant balance sheet, income statement, statement of changes in equity, and cash flow statement. F7 consolidated financial statements.
  • Consolidation of subsidiaries
  • Accounting for construction impairment, financial instruments, provisions, tax
Audit & Assurance AA (F8)

Lecturer: Maria Manzon, CPA, MDE

 
This course covers of audit, of the auditor, and the process of an audit of financial statements. The course covers audit planning and evaluating internal controls, collection of audit evidence and audit reporting.
  • Assessment of risk of misstatement
  • Evaluation of internal controls
  • Identification of evidence to meet audit objectives
Financial Management FM (F9)

Lecturer: M. , and Oviyan IIancheran, FCCA

 
The F9 course and working capital management. Investment skills developed include discounted cash flow techniques.
  • Investment and project valuation
  • Determining sources of finance
  • Estimation of cost of capital

PROFESSIONAL PAPERS: ESSENTIALS

Course Description Skills Acquired
SBR Strategic Business Reporting

Lecturer: Roy Goh, MSc, CA, FCCA, CPA

 
Discussing, applying and evaluating the concepts, principles and practices that underpin the preparation and interpretation of corporate reports in various the ethical assessment of stewardship and the information needs of a diverse group of stakeholders.
  • Fundamental ethical and professional principles
  • Appropriated evaluation of the financial reporting framework
  • Judgment in the reporting of the financial performance
  • Preparing the financial statements of groups of entities
  • Identification of financial statements for different stakeholders
  • The impact of changes in accounting regulation on financial reporting
SBL Strategic Business Leader

Lecturer: Parmindar Singh, PhD

 
Demonstrating leadership and senior consultancy or advisory capabilities and relevant professional skills, through the context of an integrated case study.
  • Leadership and ethical skills
  • Effective Evaluation of the governance and organizational agency system
  • Evaluation of the organizational strategic position
  • Analysis of the risk of the organization
  • Information technologies and data analytics
  • Evaluation of management control and audit
  • Financial analysis and decision making techniques
  • Innovation, performance excellence and change management
  • A range of Professional Skills

PROFESSIONAL PAPERS: OPTIONS

Course Description Skills Acquired
Advanced Financial Management AFM (P4)

Lecturer: Saminathan Malayandi, MA, CPA and Oviyan IIancheran, FCCA

 
The first part of P4 focuses on business valuation using advanced discounted cash flow techniques. The second part is hedging and risk management.
  • Business valuation
  • Evaluation of acquisitions and disposals
  • Constructing currency and interest rate hedges
Advanced Performance Management APM (P5)

Lecturer: Roy Goh, MSc, CA, FCCA, CPA

 
P5 continues from F5, moving from an operational perspective to a strategic perspective, covering performance measurement system design and strategic performance measurement..
  • Appraisal of budget and control systems
  • Designing and evaluating strategic performance management systems