Association of Chartered Certified Accountants (ACCA)

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ACCA is the world’s most forward-thinking professional accountancy body. ACCA is able to create the innovative, strategic-thinking accountants for the fast-changing world. It is the largest professional body of financial accountants. ACCA qualification is recognized on a variety of national frameworks around the world and accredited by the Lesotho Council on Higher Education (CHE). ACCA has a joint examination partnership with the Lesotho Institute of Accountants that allows students to qualify using the ACCA qualification structure. This is the gold standard qualification in accountancy, opening doors to highly respected, interesting career opportunities in any sector.

(a) CERTIFIED ACCOUNTING TECHNICIAN – (CAT) QUALIFICATION

(i) CAT Introduction – any of the following

Entry Requirements:

    • LGCSE  – Minimum of a C in 4 subjects which include one of the following; Mathematics, English Language, and/or Principles of Accounts.
    • COSC – Minimum of a C in 4 subjects which include one of the following; Mathematics, English Language, and/or Principles of Accounts.
      • Overall aggregate for best six subjects not exceeding 36.
    • An applicant with either a Diploma, IB or Certificate in Business Studies/Accounting & Finance or Related from a TVET Institution registered with MOET.
    • Other comparable qualifications as assessed by ECOL and/or MOET.

 

(ii) CAT ADVANCED

    • Pass in CAT Introduction

(b) ACCA PROFESSIONAL SCHEME

(i) Applied Knowledge

Entry Requirements:

    • Non-Accounting Degree from a recognized university or institution.
    • Diploma in Accounting or Business Studies/Management from a Higher Education Institution and/or TVET Institutions.

(ii) General Accounting – GA Qualification

Entry Requirements

    • Applied Skills 
      • CAT
      • Applied Knowledge
      • Bachelor’s Degree in Accounting or Finance
      • ACCA exemption for other qualifications obtained from approved institutions by CHE..

(iii) Chartered Accountant – CA Qualification

    • Strategic Professional 
      • General Accounting Qualification
      • ACCA exemption for other qualifications obtained from approved institutions by CHE.

 

NOTICE FOR INTERNATIONAL STUDENTS & FOREIGN QUALIFICATIONS

    • The above entry requirements are applicable;
    • Study permit is required for international students;
    • A certificate of evaluation from the examinations Council of Lesotho or Council on Higher Education or Ministry of Education and Training should be attached for foreign qualifications.

IMPORTANT NOTICE

    • Diploma in Business studies should be from recognized institutions. For a list of recognized institutions. For a list of recognized institutions, please contact CAS Admissions office.
    • Attach certified copies of transcripts & certificates accompanied by full application fee as no application will be considered without these.
    • All LGCSE and any other transcripts may be forwarded to Examinations Council of Lesotho or any other institution for verification.

Course Syllabus

Certified Accounting Stage Certificate (CAT)

  • FA1: Recording Financial Transactions
  • MA1: Management Information
  • FA2: Maintaining Financial Records
  • MA2: Managing Costs & Finance
  • FAB: Accountant in Business
  • FMA: Management Accounting
  • FFA: Financial Accounting
  • FAU: Foundations in Audit
  • FTX: Foundations in Taxation

Applied Knowledge Module

  • AB: Accountant in Business
  • MA: Management Accounting
  • FA: Financial Accounting

General Accounting Stage Certificate (ACCA Applied Skills Module 1 & 2)

  • LW: Corporate and Business Law
  • PM: Performance Management
  • TX: Taxation
  • FR: Financial Reporting
  • AA: Audit and Assurance
  • FM: Financial management

Chartered Accounting Stage Certificate

  • SBR: Strategic Business Reporting
  • SBL: Strategic Business Leader
  • AFM: Advanced Financial Management
  • APM: Advanced Performance Management
  • AAA: Advanced Audit and Assurance