Mercury joins hands with ACCA to offer exemptions to AAT students
Thursday, 13 November 2014 00:00
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The Association of Chartered Certified Accountants (ACCA) Sri Lanka, a member of the fastest growing accountancy body in the world, with their mission to promote excellence in the sphere of higher education, has initiated a scheme to offer exemptions to AAT students.
Undertaking to promote this scheme that will add much value to locally qualified students to further enhance their education is Mercury Institute of Management who is the only accredited tuition provider to achieve platinum status by ACCA and is backed by an industry renowned lecture panel. They will offer this scheme to the market by waving off the registration and subscriptions fees during the month of November.
Under this exemption scheme, students can now complete the ACCA qualification faster by using their knowledge gained from the AAT qualification.
Students who are at the AAT Sri Lanka Foundation Level and have satisfied the minimum entry requirements for the ACCA qualification, and students who have completed AAT Sri Lanka intermediate level will be eligible to claim exemptions from ACCA papers F1: Accountant in Business and F3: Financial Accounting, on the basis of having completed Business Law and Management plus Accounting and Control Systems.
In addition to that, students who have completed the AAT Sri Lanka Advanced Level will also get exempted fromACCA paper F2: Management Accounting, on the basis of having completed Management Accounting and Business Finance.
Mercury Institute of Management Managing Director Jeevith Shakespeare stated, “We at Mercury have always believed in offering our local students the best opportunities to enhance their talents.We are therefore happy to join hands with ACCA in this venture which we believe will enable to make a positive impact on the quality of employment generation in the country.
“This scheme has given the opportunity to AAT qualified individuals to add more value to their existing qualification by being able to gain another professional qualification and a UK degree in less than two-and-a-half years. At Mercury, we have always believed in offering our local students the best opportunities to enhance their talents and by offering incentive schemes such as the registration fee and subscription fee waivers, we are aiming at making the ACCA qualification more affordable and accessible to the local market.”
ACCA Sri Lanka Head Nilusha Ranasinghe said, “Linking education with the business needs is a crucial step which needs to remain at the forefront to motivate students and enhance their leadership skills. Our aim is to aspire to transform millions of youngsters in the country into educated global citizens.
“Therefore the exemption scheme will serve as the gateway for better options and opportunities for students in pursing their selected professions in the fields of finance and accountancy. We at ACCA Sri Lanka will continue to work closely with other accountancy professions in the country to formalise our relationship, to share views and to work towards the development of the accountancy profession through mutual co-operation.”
