Accounts Department

Courses


ACCA has a global reputation for producing professionally qualified accountants of the highest caliber. It offers certification for those who wish to become accountants, auditors and financial managers. At Oshwal College you will develop a range of skills and knowledge which will enable you to work in any aspect of finance, creating a world of opportunities for your future.

For more information,  visit  ACCA Website Student Section 

ACCA UK Contact Details:

ACCA Connect

110 Queen Street

Glasgow G1 3BX

United Kingdom

T: +44 (0) 141 582 2000

Click here to Get ACCA help and support

Association Of Certified Chartered Accountants (ACCA) Brochure (5278 downloads )

Student Registration is open to candidates who have any of the following qualifications:

  • A level (at least 2 principal passes)
  • Kenya Certificate of Secondary Education (KCSE) – mean grade of C+ as well as a C in both English and Mathematics
  • CPA Part 1 holders
  • Accounting Technician Course (ATC) Intermediate and Final
  • Degree from a recognised university
  • ACCA Foundation in Accounting (FIA) course certificate
  • IGCSE 6 credits including English and Mathematics and GCE 3 B’s

Exemptions

Students holding University Degrees are eligible for exemptions

  • Relevant Degrees: e.g. Bachelor of Commerce (Accounting Option)
  • EXEMPTION: Knowledge papers
  • Non-relevant Degrees: e.g. Bachelor of Science or Arts & ATC final
  • EXEMPTION: Two papers in Foundation Stage

ACCA exemptions are subject to confirmation by ACCA.

Students progress through three elements of the ACCA Qualification on their journey to ACCA membership:

  • ACCA Exams Level
  • Ethics and Professional Skills Level
  • Professional Experience Requirement

ACCA Exams Level

Applied Knowledge

The Applied Knowledge modules provide students with a broad introduction to the world of finance and develop essential understandings and techniques in accounting.  These modules are:

  • Business & Technology (BT)
  • Management Accounting(MA)
  • Financial Accounting(FA)

Applied Skills

The Applied Skills modules build on existing knowledge and understanding and develop strong, broad, and practical finance skills required of future strategic professional accountants in any sector or industry. These modules are:

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

(Optional BSc in Applied Accounting, Oxford Brookes University)

Oxford Brookes University of the U.K., founded in 1865, has an international reputation for quality. It awards B.Sc. in Applied Accounting degrees to ACCA finalists upon completion of a project. The ACCA student is awarded this degree while studying ACCA in his or her own country.

Strategic Professional

The Strategic Professional Modules prepare students for future leadership positions. They develop the strategic vision using a unique blend of technical, ethical, and professional skills. Students can specialize in areas that best suit there career ambitions. Students must complete both Essentials exams and choose two of the options.  These exams are:

Essentials

  • Strategic Business Leader (SBL)
  • Strategic Business Reporting (SBR)

Options

  • Advanced Financial Management (AFM)
  • Advanced Performance Management (APM)
  • Advanced Taxation (ATX)
  • Advanced Audit and Assurance (AAA)

(Optional MSc in Professional Accountancy University of London)

Ethics & Professional Skills

Students are required to complete our Ethics and Professional Skills module which develops in students the complete range of skills that employers told us they need. By introducing students to the full spectrum of advanced ethical and professional skills and exposing them to realistic business situations, students are ready to shine with recruiters and be really credible in the workplace.

Professional Experience Requirement

Being a confident, inspiring and trusted professional comes with experience so to qualify as an ACCA member students must complete 36 months’ relevant work experience and achieve 9 performance objectives.

Your time in a relevant role and performance objectives need to be signed off by your practical experience supervisor. This practical experience requirement lets students put their knowledge learnt through their students into practise, all in a supported and practical environment.

 

 

 

Mode of Study

Full-time courses

  • 1st semester – early January to early May
  • 2nd semester – early July to early November

Evening Courses

  • 1st semester – early January to early May
  • 2nd semester – early July to early November

Registration Deadline Dates

June examinations:

  • 8th March early exam entry
  • 8th April standard exam entry
  • 8th May late exam entry

December examinations:

  • 8th September early exam entry
  • 8th October standard exam entry
  • 8th November late exam entry

http://www.accaglobal.com/students/acca/info/

Note: ALL Enrolled students are given Study Text Books and Revision Kits from ACCA’s recommended   publishers.

PREAMBLE

This complaint policy relates to the ACCA professional course delivered by Oshwal College. The college has all the rights to amend these terms and conditions where necessary at any time.

OBJECTIVES

  • To be impartial, open, and honest when dealing with any complaint
  • To address and resolve a complaint through dialogue and mutual understanding
  • To put the interests of the learners above everything else
  • To make the learners aware of the complaints procedures available to them

SCOPE

  • A learner complaint (“Complaint”) is defined as an expression of discontent by a learner or a group of learners enrolled on the ACCA Programme with any individual, service, or lack of service at the Institution, where a response is expected, and which has not already been resolved or handled.
  • This Complaints Procedure does not apply to:
    a. Academic Misconduct
    b. Academic Appeals and other matters of academic judgement

GUIDELINES

Complaints/Concerns shall be addressed and resolved in a 3-step process;

  1. Approved Learning Provider (ALP) Level – OSHWAL COLLEGE
  2. ACCA Level
  3. Regulator Level

APPROVED LEARNING PROVIDER (ALP) LEVEL – OSHWAL COLLEGE

The college will receive and handle learner complaints in an open and receptive manner and will ensure that learners making a complaint will not experience any negative repercussions, directly or indirectly, as a result of lodging a complaint.

Oshwal College maintains reasonable confidentiality with regard to the complaint where it is explicitly requested by the learner

A learner wishing to make a complaint shall submit a formal written submission to the head of department of Accounting and Finance who will try to resolve the complaint within a period of five working days from the learner making the Complaint. The Head of Department shall provide a formal response to the aggrieved learner.

If the dispute remains unresolved, the learner can submit a written appeal to the Principal, through the Dean of students, detailing the nature of the complaint. The Dean of Students shall present the complaint to the appeal committee which shall consist of:

  • Principal
  • Head of Department of Accounting and Finance
  • Student Advisor
  • Dean of Students
  • Academic Registrar

The Principal/Designate shall chair the Appeals committee meeting. The committee shall examine the appeal, listen to the learner regarding the nature of the appeal and provide a resolution in writing to the learner within 10 working days from the date of the receipt of the appeal.

ACCA LEVEL

If the learner is dissatisfied in any way with the Approved Learning Partner (ALP), in this case OSHWAL COLLEGE, and their services, they can report the matter to ACCA. This is only to be done once the learners have exhausted the ALP’s official channels as provided for in the policy to resolve the matter.

REGULATOR LEVEL

If you have exhausted both your learning provider complaint’s process and ACCA’s, you can escalate to the appropriate regulator.

Details of which can be found on #

 

 

 

 

Got C or C-? You qualify to get our TVETA Accredited  Diploma which gives you all the grounding you need in accounting and finance

Foundations in Accountancy are a suite of accountancy awards from ACCA for those wanting to start a career in accounting and finance. If you are a recent school leaver, have no accounting experience or do not have the required academic standard to begin ACCA you should start on the FIA route.

ACCA Foundation In Accountancy (FIA) Brochure (2199 downloads )

Entry requirements:
None for students registered for Foundations in Accountancy.

Work experience:
None for those registered for Foundations in Accountancy.

It consists of 3 levels:

Level 1

  • Recording Financial Transactions(FA1)
  • Management Information(MA1)

Level 2

  • Maintaining Financial Records (FA2)
  • Managing Costs & Finance(MA2)

Level 3

  • Foundations in Accountant in Business (FAB)
  • Foundations in Management Accounting. (FMA)
  • Foundations in Financial Accounting. (FFA)

Mode of Study

  • 1st Semester – January to June intake
  • 1st Semester – March to June intake
  • 2nd Semester – July to November
  • 2nd Semester- September to November intake

The Certified Public Accountant (CPA) examination is intended for those students who wish to qualify and work as professional accountants, auditors, finance managers, tax specialists and financial consultants.

Holders of final CPA certificate are eligible for admission to pursue Masters and other higher degrees in reputable universities all over the world.

At Oshwal College you will develop a range of skills and knowledge which will enable you to work in any aspect of finance, creating a world of opportunities for your future.

The CPA Examination is held twice yearly in June and December. The examination is divided into three parts each comprising two sections, making a total of six sections in all. A student may attempt two sections of a part together or separately in the ascending order but before proceeding to the next part, a candidate must pass the lower part.

  • KCSE mean grade C+ with a minimum grade C+ in both English and Mathematics.
  • Advanced education (A level) certificate with 2 principal passes and credits in Mathematics and English at secondary education level.
  • KASNEB technician or professional examination certificate.
  • A degree from a recognised university.
  • Such other certificates or diplomas as may be approved by KASNEB.

CPA PART I

Section 1

  • Financial Accounting
  • Commercial Law
  • Entrepreneurship and Communication

Section 2

  • Economics
  • Management Accounting
  • Public Finance and Taxation

CPA PART II

Section 3

  • Company Law
  • Financial Management
  • Financial Reporting

Section 4

  • Auditing and Assurance
  • Management Information Systems
  • Quantitative Analysis

CPA PART III

Section 5

  • Strategy, Governance and Ethics
  • Advanced Management Accounting
  • Advanced Financial Management

Section 6

  • Advanced Public Finance and Taxation
  • Advanced Auditing and Assurance
  • Advanced Financial Reporting

Initial student registration deadlines

  • 15th August for December exams.
  • 15th February for June exams.

Note: Late registration may be accepted up to one month after the normal closing date on payment of late registration fee, which is an additional 50% of the normal registration fee.

New intakes:

New intakes in the months of January and July every year

Initial student registration deadlines

  • 15th August for December exams.
  • 15th February for June exams.

Note: Late registration may be accepted up to one month after the normal closing date on payment of late registration fee, which is an additional 50% of the normal registration fee.

ACA Training In Kenya

The ICPAK on September 9, 2011 joined hands with the Institute of Chartered Accountants of England and Wales (“ICAEW”) in signing a Memorandum of Understanding that will facilitate recognition of CPA brand within the United Kingdom and the wider network already created by ICAEW.

The ACA is valued and recognised throughout the world in practice, business and government. Holding both the CPA and ACA qualifications is a guarantee of your professional competence and financial intelligence, and gives you the work experience and skills the business world demands. Once you are qualified as an ICAEW Chartered Accountant, you are entitled to use the prestigious letters, ACA, after your name. The ACA from ICAEW is your passport to a successful career anywhere in the world.

Oshwal College is accredited as a tuition provider for the Associate Chartered Accountant (ACA) qualification administered by The Institute of Chartered Accountants in England and Wales (ICAEW). The college offers BTEC Business, BTEC IT, ACCA, ABE.

Who can study the ACA- ICAEW PROGRAMME?

  • Members of the Institute of Certified Public Accountants of Kenya (ICPAK) who have obtained ICPAK membership
  • Study for the ACA under a training agreement with an organization that is an ICAEW authorized training employer

Register with ICAEW

  • ICPAK member, automatically awarded credit –(exemptions) from 12 of the 15 ACA exam modules
  • ICPAK Practicing Certificate you will be awarded credit for one year work experience (including 150 days technical work experience)

How is the ACA structured?

The ACA is a combination of exams, practical work experience, professional development and ethics training.

Members of the Institute of Certified Public Accountants of Kenya (ICPAK) qualify for credits for prior learning for the first 12 of the ACA’s 15 exam modules.

This means to qualify as an ICAEW Chartered Accountant, ICPAK members need to:

  1. pass the ACA’s three Advanced Level examinations;
  2. complete three years practical work experiencewith an ICAEW authorised training employer (two years if you hold an ICPAK Practising Certificate);
  3. complete ICAEW’s professional developmentrequirements; and
  4. Complete ICAEW’s online ethics 

Why ACA for ICPAK members?

  • Exemptions from 12 papers (From 15 papers)
  • Premium quality recognition
  • Respected as the qualification for business leaders

The ACA Programme – For ICPAK MEMBER

Advanced Level only

  • Corporate Reporting
  • Strategic Business Management
  • Case Study

New intakes:

New intakes in the months of January and July every year

 Credit for prior learning

Currently ICPAK members are exempt from paying credit for prior learning (CPL) fees. This offer is available for a limited period of time.

Exams and Exam applications

Exams are held in Nairobi. For Advanced Level exams you will book via your online training file. Admission details for your exam will be listed immediately after booking in the application summary page of your online training file.

  • ACA student must apply online for each of the exams.
  • The ACA exams you need to sit and pass are held in July and November each year

The CFA Institute is best known for developing and administering The Chartered Financial Analyst (CFA) ® curriculum and exams and issuing the CFA charter. Established in 1962, the program sets the global standard for investment knowledge, standards and ethics.

One is eligible to earn the credential after passing a series of three sequential, six hour exams over at least two years, working as an investment professional for a minimum of 3 to 4 years and committing to abide by the CFA Institute Code of Ethics and Standards of Professional Conduct. The CFA Institute of USA., established in 1962 has an international reputation for setting the highest standards of ethics and professional excellence.

The program’s professional conduct requirements demand that both CFA candidates and charter holders adhere to the highest standards of ethical responsibility. Upholding ethical standards are as much part of holding the CFA designation as passing the examinations.

Chartered Financial Analyst (CFA) Brochure (3984 downloads )

A student must have:

  • A bachelor’s degree or be in their final undergraduate year at the time of registration.
  • At least 4 years of qualified professional work experience.

To register for the course at Oshwal College, all interested students should bring the following:

  • 2 passport size photographs,
  • Original and photocopies of relevant academic and professional certificates
  • A copy of National ID and a passport.

CFA Examination Registration

  • Register for CFA exam either online or print and fill the necessary forms. Sign and complete; the Professional Conduct Inquiry & the terms of the Candidate Responsibility Statement. Pay the required fees.
  • Sequentially pass the three Level’s exams.
  • Join CFA institute as a member. Provide current completed sponsor forms. Sign and complete the Professional Conduct Statement. Exhibit a high degree of ethical and professional conduct. Apply for membership with a CFA Institute member society

The CFA programs curriculum reflects a body of knowledge that is grounded in practice and maintains current relevance through a regular, extensive survey of practicing CFA charter holders. This Candidate Body of Knowledge consists of 10 general topic areas that provide a framework for making investment decisions.

Topic areas for CFA examinations

  • Ethical and Professional Standards (total)
  • Quantitative Methods
  • Economics
  • Financial Statement Analysis
  • Corporate Finance
  • Investment Tools (total)
  • Analysis of Equity Investments
  • Analysis of Fixed Income Investments
  • Analysis of Derivatives
  • Analysis of Alternative Investments
  • Asset Valuation (total)
  • Portfolio Management (total)

Total of 10 topic areas are grouped into 4 functional areas:

  • Ethical and Professional Standards,
  • Investment Tools,
  • Asset Valuation and
  • Portfolio Management.

The CFA examinations have always focused on testing investment tools at Level 1, asset valuation (security analysis) at Level II, and portfolio management at Level III. This structure is the logical progression of the investment progress: A practitioner needs to master investment tools to apply those tools to security valuation, and securities need to be valued and then analyzed in a risk-return port-folio context. Because integrity must be exercised throughout the investment process, CFA Institute has emphasized ethical and professional standards at each level.

New intakes:

New intakes in the months of January and July every year

The Chartered Institute for Securities and Investment (CISI) is the chartered professional body of choice for professionals in the securities and investment industry in the UK and in a growing number of major financial centers globally.

KCSE and its equivalents

Appropriate level of English Language

The CISI course is offered in three modules

Module 1: Course duration: 1 month

The course mainly focuses on the following Areas:

  • The Financial Services Industry
  • The Economic Environment
  • Financial Assets and Markets
  • Equities / Stocks
  • Bonds
  • Derivatives
  • Investment Funds
  • Regulation and Ethics
  • Other Financial Products

Module 2: Course duration: 1 Month

Syllabus areas:

  • Legal and Regulatory Framework
  • Licensing of Capital Market Intermediaries
  • Governance and Controls
  • Conduct of Business
  • Markets and Trading Rules
  • Investment Funds

Module 3: Course duration: 1 Month

The main syllabus areas in this module are:

  • Technical Specialism
  • Derivatives
  • Wealth management

New intakes:

New intakes in the months of January and July every year

 

  • 18 years of age with GCE
  • A-Level or other equivalent qualifications
  • Level 3 (Business Foundation) or equivalent qualifications
  • BTEC Business Level 3 Extended Diploma
  • Mature students with related work experience
  • Appropriate level of English Language