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ACCA unveils enhanced ethics module for PQs?
10 April 2017
ACCA has formally unveiled its new, improved (and much longer) Ethics and Professional Skills Module.
The new module launches on 31 October 2017, and has been designed to prepare students for the skills being assessed as part of the new Strategic Professional exams, particularly the Strategic Business Leader case study, which is being introduced in September 2018.
ACCA believes the new module also ensures ethics keeps its place at the heart of the qualification.
PQs may be surprised to learn they will have to pay a one-off £60 for access to the module. However, the ACCA has been quick to point out that introducing the new case study and beefed-up ethics module will in fact cost students less in exam fees - £6 on current standard entry prices.
It has been suggested to PQ by one leading tutor that by merging P1 and P3 ACCA could have lost a lot of revenue.
But, it has priced the case study at £190, well above the £128 cost of the other papers at the professional level. The introduction of a fee for the module, which was free, means the changes are cost neutral.
To pass the whole of the professional level will now cost £634 in exam fees - if you pass all your exams first time.
CEO Helen Brand explained ACCA has redesigned the module to ensure finance professionals are better equipped with the professional skills needed by employers and help them meet the challenges of the 21st century’s disruptive economy. She went on: “Through developing and demonstrating a high standard of ethical and professional behaviours alongside the technical knowledge acquired through passing the ACCA exams, ACCA professional accountants will be able to make an immediate impact in their workplace.”
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