Westminster International University in Tashkent has become the first university in Uzbekistan received exemption accreditation from ACCA for 5 papers out of 9 possible. Starting from the 1st of January 2017, graduates of WIUT have an opportunity to get exemption from the following ACCA papers:
F1 – Accountant in business
F5 – Performance measurement
F7 – Financial Reporting
F8 – Audit and Assurance
F9 – Financial Management
WIUT is also planning to receive exemptions for the remaining 4 possible papers by the end of the year.
ACCA (the Association of Chartered Certified Accountants) is the global body for professional accountants. It aims to offer business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management.
Founded in 1904, ACCA has consistently held unique core values: opportunity, diversity, innovation, integrity and accountability. Values are aligned to the needs of employers in all sectors and we ensure that, through our qualifications, we prepare accountants for business. It seeks to open up the profession to people of all backgrounds and remove artificial barriers, innovating our qualifications and their delivery to meet the diverse needs of trainee professionals and their employers.
ACCA works to strengthen a global profession based on the application of consistent standards, which we believe best supports international business and the desire of talented people to have successful, international careers. We champion the needs of small and medium sized business (SMEs) and emerging economies, and promote the value of sustainable business.
ACCA works in the public interest, assuring that its members are appropriately regulated for the work they carry out and, promoting principles-based approaches to regulation. We actively seek to enhance the public value of accounting in society through international research and we take a progressive stance on global issues to ensure accountancy as a profession continues to grow in reputation and influence.
Exemption accreditation enables ACCA to award a specific level of exemption to graduates of an educational programme following a full assessment of the programme’s regulations, syllabus and assessments
There are several routes to ACCA membership and many students undertake prior learning which is equivalent to ACCA papers. Where appropriate, ACCA wishes to ensure that students’ entry points match the knowledge and skills they have gained from their previous qualifications and, in doing so, we aim to provide students with the quickest possible route to membership.
Accreditation of your programmes ensures that students registering with ACCA will receive a level of exemption which matches the knowledge and skills gained from their previous qualifications.
Students will benefit from knowing which module choices will lead to maximum exemption from ACCA's examinations, and will be assured of receiving the appropriate level of exemption immediately upon registration with ACCA.