On July 12, 2017, in alignment with economic development needs and standards of European education system as considered in the “State Strategy for the Development of Education in the Republic of Azerbaijan” the accounting specialization of UNEC Business School has for the first time become an ACCA accredited program of the Association of Chartered Certified Accountants (ACCA), a member of International Federation of Accountants (IFAC).
The accounting specialization of UNEC Business School now holds an ACCA accredited program status for a five year period, 2018 through 2022.
2017-2018 graduate candidates majoring in accounting will be exempt from all 9 fundamental subjects of ACCA as indicated below:
F1 – Accountant in Business;
F2 – Managerial Accounting;
F3 – Financial Accounting;
F4 – Business Law;
F5 – Performance Management;
F6 – Taxation;
F7 – Financial Reporting;
F8 – Auditing;
F9 – Financial Management.
Majors other than accounting will be eligible for exemptions F1 through F4 of ACCA on completion.
Being exempt from all fundamental subjects of ACCA accreditation will free the graduates from spending significant amount of time and resources by giving them opportunities to find new horizons within the fields of finance, accounting and auditing and allowing them to express themselves in globally competitive labour market.
Graduates with ACCA exemption on top of an ACCA accredited accounting specialization in MBA program enjoy a differentiated privilige and are being preferred by local and multinational corporations, financial institutions, independent audit and consulting firms.
ACCA’s headquarters are in London with principal administrative office in Glasgow. The ACCA expertise is widely recognised, and its input and opinion is sought by governments, professional bodies, academic institutions, employers and the media, worldwide. Qualifications provided by ACCA are considered to be the gold standard in accountancy, opening doors to highly respected, interesting work in any sector.