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IAESB IRBA Accountancy Education Forum 12 April 2016 Mike Gora - Head of Education & Development - Southern Africa

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Page 1: IAESB IRBA Accountancy Education Forum - IFAC...©ACCA 462,000 Students 187,000 Members 95 Offices 181 Countries Business-relevant, first choice qualifications

IAESB – IRBA

Accountancy

Education Forum

12 April 2016

Mike Gora - Head

of Education &

Development -

Southern Africa

Page 2: IAESB IRBA Accountancy Education Forum - IFAC...©ACCA 462,000 Students 187,000 Members 95 Offices 181 Countries Business-relevant, first choice qualifications

©ACCA

462,000 Students187,000 Members95 Offices181 Countries

Business-

relevant, first

choice

qualifications

Page 3: IAESB IRBA Accountancy Education Forum - IFAC...©ACCA 462,000 Students 187,000 Members 95 Offices 181 Countries Business-relevant, first choice qualifications

ACCA core values

• opportunity

• diversity

• innovation

• integrity

• accountability

Page 4: IAESB IRBA Accountancy Education Forum - IFAC...©ACCA 462,000 Students 187,000 Members 95 Offices 181 Countries Business-relevant, first choice qualifications

©ACCA4

Building faculty

capacity

Research & Insights

Employability

Combining academic

& professional

qualifications

What are we doing with universities?

Page 6: IAESB IRBA Accountancy Education Forum - IFAC...©ACCA 462,000 Students 187,000 Members 95 Offices 181 Countries Business-relevant, first choice qualifications

Working together with employers to produce work ready graduates

Page 7: IAESB IRBA Accountancy Education Forum - IFAC...©ACCA 462,000 Students 187,000 Members 95 Offices 181 Countries Business-relevant, first choice qualifications

©ACCA

The ACCA Qualification

Page 8: IAESB IRBA Accountancy Education Forum - IFAC...©ACCA 462,000 Students 187,000 Members 95 Offices 181 Countries Business-relevant, first choice qualifications

©ACCA

ACCA Firsts

• Introduction of on demand computer-based exams as early

as 1998

• Using IFRS in exams since 1996 in recognition of growing

convergence of accounting standards

• Introducing variant exams for tax and law in 20 countries

• From 2007, placing ethics at the centre of the qualification

with a separate professional ethics module

• Examining integrated reporting <IR> throughout the

professional Level exams, since December 2014

• ACCA Learning Community since 2015

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Page 9: IAESB IRBA Accountancy Education Forum - IFAC...©ACCA 462,000 Students 187,000 Members 95 Offices 181 Countries Business-relevant, first choice qualifications

©ACCA

Learning

Anytime, any

place…

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Page 10: IAESB IRBA Accountancy Education Forum - IFAC...©ACCA 462,000 Students 187,000 Members 95 Offices 181 Countries Business-relevant, first choice qualifications

©ACCA10

www.acca-x.com

Page 11: IAESB IRBA Accountancy Education Forum - IFAC...©ACCA 462,000 Students 187,000 Members 95 Offices 181 Countries Business-relevant, first choice qualifications

©ACCA

Course details:

• High quality, free and

affordable digital

learning

• Available to ANYONE

(not just ACCA students)

• The course details are

on the right:

Course name

Introduction to Financial and

Management Accounting (FA1 + MA1)

Intermediate Financial and Management

Accounting (FA2 + MA2)

Accountant in Business - F1 (FAB) *

Management Accounting - F2 (FMA) *

Financial Accounting - F3 (FFA) *

Page 12: IAESB IRBA Accountancy Education Forum - IFAC...©ACCA 462,000 Students 187,000 Members 95 Offices 181 Countries Business-relevant, first choice qualifications

©ACCA

Founded by

Harvard and MITA spinoff company from

Imperial College, London

Page 13: IAESB IRBA Accountancy Education Forum - IFAC...©ACCA 462,000 Students 187,000 Members 95 Offices 181 Countries Business-relevant, first choice qualifications

©ACCA

What has been the experience so far?

• 95 000 students have used it in 12 months

• Available on mobile & offline

• All these students had no access to tuition

• Some were existing students

• Majority are new contacts

• The pass rate is 85%

• Nominated for Best e-learning/online education

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Page 14: IAESB IRBA Accountancy Education Forum - IFAC...©ACCA 462,000 Students 187,000 Members 95 Offices 181 Countries Business-relevant, first choice qualifications

©ACCA

ACCA Learning Community

Page 15: IAESB IRBA Accountancy Education Forum - IFAC...©ACCA 462,000 Students 187,000 Members 95 Offices 181 Countries Business-relevant, first choice qualifications

©ACCA

Page 16: IAESB IRBA Accountancy Education Forum - IFAC...©ACCA 462,000 Students 187,000 Members 95 Offices 181 Countries Business-relevant, first choice qualifications

©ACCA

Member resources – CPD resource finder

19/04/2016 CPD16

Page 17: IAESB IRBA Accountancy Education Forum - IFAC...©ACCA 462,000 Students 187,000 Members 95 Offices 181 Countries Business-relevant, first choice qualifications

©ACCA

Key stakeholders

• Employers

• Global partners IAESB, IIRC, GRI

• Government & local regulators (JES)

• Other professional bodies

• Universities

• Members

• Students

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Page 18: IAESB IRBA Accountancy Education Forum - IFAC...©ACCA 462,000 Students 187,000 Members 95 Offices 181 Countries Business-relevant, first choice qualifications

©ACCA

What is working well?

• International benchmarking

• Alignment to IES

• Mutual recognition & pathways for universities

& members of other professional bodies

• Employability portability

• Thought leadership & global delivery

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Page 19: IAESB IRBA Accountancy Education Forum - IFAC...©ACCA 462,000 Students 187,000 Members 95 Offices 181 Countries Business-relevant, first choice qualifications

©ACCA

Challenges

• Plagiarism

• NQFs

• Regulation in some countries

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