Paper Exception

*****PAPER EXCEPTION****

[ACCA]
If your degree is an Engineering degree, then whether you can have any exemption really depends on what kind of courses you had taken when you obtain your degree.

In case of the University of Hong Kong, there are several course can gain ACCA paper exemption (following are just example)
< INTRODUCTION TO ACCOUNTING (BUSI1002) > --- Paper 1.1 (F3)
(For details, please visit www.accaglobal.com)

But for a engineering degree and if you haven’t take any business courses within your study, it is of high chance that you can’t get any exemption

[HKICPA]
Any non-accounting degree have to complete a Conversion Programme. The Hong Kong Polytechnic University, City University of Hong Kong and some other college have offered some course that have been accredited as HKICPA Conversion Programmes.


*****route to be a Accountant in HK*****
HKICPA is the only registered body in HK that can accredit Accountant. If you want to be an Accountant, you have to go thru the route as set by the HKICPA.
non-accounting degree -> Conversion Programme -> QP (4 modules + final exam) ->

If you go with the ACCA, you have to join back the HKICPA route under new Mutual Recognition Agreements.
[(1) hold a university degree accredited or recognised by the Institute;
(2) pass all of the 14-paper ACCA professional examination in Hong Kong or the U.K., which must include the optional paper on audit and assurance services. Applicants who have been exempted from ACCA papers will be assessed by the Institute on a case by case basis.
(3) complete and pass the workshops of any one of the four modules of the Institute’s QP;
(4) pass the final professional examination of the Institute’s QP;
(5) pass the Institute’s aptitude tests on Hong Kong law and taxation or the ACCA Hong Kong variant tax and law papers]
That means you most have a degree (eithier obtain in HK or UK) before joining ACCA. Then after you finished all examination papers in ACCA, you have to complete and pass 1 workshop of QP and the final examination of QP in order to transfer back to HKICPA

I think in a Non accounting holder ...or any degree holder except major in accounting in ACCA you can get exemption for 1.1, 1.2, 1.3 & 2.2...so total you need to take 10 papers.

For HKICPA a non-accounting degree holder, u need to take one yr convension program in order to get accepted. The conversion is holding in different universities like HKU, HKCU, Poly and City. You can go to HKICPA website to check out about the conversion program. The conversion program is about 1 yr long and cost u about $45000 for 1yr. which is I think it is expensive. I think HKICPA is more well-known now compared to ACCA. Like got accpeted transfer from different countries like Canada, Australia etc.

ACCA共14張PAPER，係英國會計師試，無聽聞可用ENGINEERING FIELD的經驗去豁免。

但DEGREE HOLDER，應該比無DEGREE HOLDER可以短一年工作經驗而取得會計師資格(假設完成考試後)，該是四年，不太肯定。