How Many Papers Are in ACCA - Complete Guide to ACCA Papers List With Exemptions

May 15, 2026|

Varun|

ACCA|

The Association of Chartered Certified Accountants, or ACCA as it is widely known, is one of the most recognized accounting programs in the world. In recent years, ACCA has gained a great foothold among commerce students in India due to its prospects. The advantages of international recognition, flexible exam structure, and strong career opportunities have been a great boost for ACCA popularity in India. 

As someone interested in ACCA, the first questions that come to your mind is how many papers in ACCA actually. 

So, in this article today, we are going to cover how many papers in ACCA, the exam structure, and the exemption rules that are important.

How Many Papers Are in ACCA - Complete Guide to ACCA Papers List With Exemptions 

How Many Papers Do You have in ACCA?

The ACCA qualification consists of 13 papers in total. Those are then divided into three levels. Learn how many papers in ACCA. You have to complete these exams along with the Ethics and Professional Skills Module. Practical experience requirements are also mandatory to become fully qualified ACCA members.

The ACCA course structure is designed to slowly build your technical accounting knowledge. Knowing how many papers in ACCA will help students plan better. You also gain deep insight into business understanding, strategic thinking, and professional skills. Curious about the ACCA salary in India Check out our detailed guide. 

ACCA Papers List

The qualification is segregated into the following: 

Applied Knowledge Level
This is the foundation level of ACCA. It introduces students to accounting and business concepts.

The papers included are:

  • Business and Technology
  • Management Accounting
  • Financial Accounting

Applied Skills Level
This level is all about technical accounting subjects and practical financial management skills.

The papers included are:

  • Corporate and Business Law
  • Performance Management
  • Taxation
  • Financial Reporting
  • Audit and Assurance
  • Financial Management

Strategic Professional Level
This is the most advanced stage of ACCA that focuses on leadership, professional judgment, and strategic decision-making.

Essential Papers

The compulsory papers are as follows:

  • Strategic Business Leader
  • Strategic Business Reporting

Optional Papers

Students must choose any two papers from:

  • Advanced Financial Management
  • Advanced Performance Management
  • Advanced Taxation
  • Advanced Audit and Assurance

Students select only two optional papers. Therefore, the total number of ACCA papers remains 13.

For more information, check out the complete ACCA course details.

So, how many papers in ACCA in India?

Students often wonder whether the ACCA structure differs in India. The answer is no. The qualification structure remains the same globally and you have 13 papers in total.

However, Indian students can receive exemptions depending on their educational background. This reduces the number of exams they need to attempt.

The ACCA qualification is popular among the following individuals:

  • B.Com graduates
  • M.Com graduates
  • CA students
  • MBA finance students
  • Working accounting professionals

The growing presence of multinational companies has also contributed to the popularity of ACCA among students in India today. 

Check out how you may qualify for ACCA exemptions that can fast-track your journey. 

How Many Papers Can Be Exempted in ACCA?

ACCA provides exemptions based on previous academic qualifications. Students who have already studied accounting or finance subjects during college or professional courses may not need to appear for certain ACCA papers.

The number of exemptions depends on the qualification held by the student, which can reduce how many papers in ACCA for them.

Common ACCA Exemptions

  • For B.Com graduates - They usually get 4 to 5 exemptions
  • For M.Com graduates - They get up to 5 exemptions
  • For CA Intermediate students - These students get approximately 5 to 9 exemptions depending on papers cleared.
  • For qualified Indian CAs also you have up to 9 exemptions
  • For MBA finance graduates - The exemptions vary depending on the university and curriculum.

Qualified Indian CAs generally receive the highest number of exemptions. The reason is that their syllabus overlaps significantly with ACCA, which reduces how many papers in ACCA for them.

You can confirm or verify your exemption eligibility through the official ACCA Exemptions Calculator.

The ACCA Course offered by IIM SKILLS covers all concepts in-depth. 

ACCA Exam Structure

One of the biggest advantages of ACCA is its flexible examination system. Students can choose how many papers they want to attempt in each exam session.

The ACCA exams are conducted four times every year in the following months: 

  • March
  • June
  • September
  • December

You can attempt up to four papers in one session. You can also attempt up to eight papers in one year. This flexibility makes ACCA suitable for both college students and working professionals, and also influences how many papers in ACCA that students can complete annually. 


If you want to upgrade your skills in 2026, you can also explore the Finance Program offered by IIM SKILLS.

ACCA Course Duration

The duration of ACCA depends on the following factors:

  • The number of exemptions you receive
  • The number of papers attempted per session
  • The student’s preparation plan and strategy

As a fresher, you can complete ACCA in around 2.5 to 3 years. If you are a student with exemptions, you may complete it within 1 to 2 years. Many working professionals prefer ACCA because they can study while working. 

If you are curious about ACCA vs CA and which one offers more career avenues, check out this article. 

ACCA Passing Criteria

Students need a minimum score of 50% to pass each ACCA paper. One of the major advantages of ACCA is that there is no aggregate passing system. Each paper is evaluated independently.

So, what does that mean for the students?

  • You retain the previously cleared papers
  • Failed papers can be reattempted separately
  • There is no ranking system as such

Looking to upgrade your skills in 2026? Then check out the Professional Courses offered by IIM SKILLS.

Read more about ACCA books to choose the best one for your preparation

Which ACCA Papers Are the Most Difficult?

The difficulty level of ACCA papers varies from student to student. However, some papers are recognized as more challenging because of their technical complexity and analytical requirements.

The complex papers are enumerated below: 

1. Advanced Financial Management

The advanced financial strategies, investment decisions, and risk management might feel difficult to grasp. Many students find it calculation-intensive.

2. ACCA Audit and Assurance

This paper requires strong conceptual understanding of auditing standards and your professional judgement which can again feel a bit tricky. 

3. Strategic Business Reporting

This paper is on complex IFRS standards and interpretation-based reporting scenarios.

4. Performance Management

The analytical and numerical problem-solving requirements make it a bit tough for students.  These papers usually have lower pass percentages compared to other ACCA exams.

ACCA course subjects are intensive and require diligence to ace the exams.  Also, for all of you wondering here, is a detailed analysis of ACCA Success rates.  

Benefits of Studying ACCA

The ACCA qualification offers several advantages for students pursuing careers in accounting and finance.

  • Global Recognition
  • Flexible Learning
  • Strong Career Opportunities
  • High Industry Demand

Check out the top ACCA Coaching Classes to clear your ACCA exams.

ACCA professionals can work in:

  • Auditing and Taxation
  • Financial analysis
  • Corporate finance
  • Investment banking
  • Risk management


Have you wondered about ACCA vs CMA. Check out the details here. 

 
ACCA Career Opportunities in India

The qualities of globalization and the expansion of multinational companies have made ACCA extremely desirable today. So understanding how many papers in AACA is really helpful for the students. Let us look at some of the career opportunities. You can also learn about ACCA Job Roles here.

Popular ACCA job roles include:

  • Financial Analyst
  • Auditor
  • Finance Manager
  • Tax Consultant
  • Risk Analyst
  • Internal Auditor
  • Management Accountant


Sectors that require ACCA professionals include:

  • Banking
  • Consulting
  • IT
  • Manufacturing
  • Financial services
  • E-commerce

You may also be interested in learning more about ACCA vs CPA. Also, you might want to check out the prospects of B.Com with ACCA 

You can also successfully work in the following countries after pursuing ACCA in India

  • United Kingdom
  • Canada
  • Australia
  • Singapore
  • United Arab Emirates

Understanding the ACCA exam pattern thoroughly will help you identify high-weightage topics. 

FAQs

1. What are the 13 papers in ACCA?

The 13 ACCA papers are:

  • Business and Technology
  • Management Accounting
  • Financial Accounting
  • Corporate and Business Law
  • Performance Management
  • Taxation
  • Financial Reporting
  • Audit and Assurance
  • Financial Management
  • Strategic Business Leader
  • Strategic Business Reporting

Any two papers from the following:

  • Advanced Financial Management
  • Advanced Performance Management
  • Advanced Taxation
  • Advanced Audit and Assurance

2. Does the ACCA Professional earn more salary than a CA?

The salary for ACCA or CA depends on experience, company, location, and job role. In India, experienced CAs may initially earn more in traditional accounting roles. ACCA professionals working with multinational companies and international finance teams can also earn highly competitive salaries.

3. Can I convert CA to ACCA?

Yes. Qualified Indian CAs can pursue ACCA and receive exemptions for up to 9 papers. They generally need to complete only the Strategic Professional level papers to pass ACCA. 

4. Which ACCA papers are the most difficult to pass?

The papers generally considered the most difficult are:

  • Advanced Financial Management
  • Advanced Audit and Assurance
  • Strategic Business Reporting
  • Performance Management

5. How many papers can I get exemptions for in ACCA?

The exemptions depends on your educational background. Qualified Indian chartered accountants can receive up to 9 exemptions. Commerce graduates usually receive 4 to 5 exemptions.

Here is a comprehensive list of ACCA Exam Dates

To Sum It Up 

Understanding how many papers in ACCA is essential before starting the qualification.  The ACCA papers are curated in such a way that it builds expertise in accounting, taxation, auditing, finance, and strategic management. Students in India also benefit from multiple exemption opportunities based on their academic qualifications.

So, let us know which papers you find the easiest and which papers would you rather skip.

If you’re someone who wants to upgrade their skills in 2026, then IIM SKILLS is here to provide the Best Online Courses in India.


Varun

Varun

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