Professional Recognition

Professional Recognition

This is an accredited accountancy and finance master programme under the Association of Chartered Certified Accountants (ACCA), the Chartered Institute of Management Accountants (CIMA), CPA Australia and the Association of International Accountants (AIA). Graduates of this programme could apply for exemption as follows:

The Association of Chartered Certified Accountants (ACCA)
ACCA Code ACCA Paper Name MScAAF Course
F1 Accountant in Business (AB) Full Course Completion
F2 Management Accounting (MA)
F3 Financial Accounting (FA)
F4 Corporate & Business Law (CL)
F5 Performance Management (PM) Strategic Management Accounting & Controls (ACCT7220)
F7 Financial Reporting (FR) Advanced Corporate Financial Reporting (ACCT7210) PLUS
Financial Statement Analysis & Business Valuation (FIN7260)
F8 Audit & Assurance (AA) Issues on Internal & External Auditing (ACCT7230)
F9     Financial Management (FM)     Corporate Finance (FIN7210) PLUS Financial Strategy (FIN7230)
The Chartered Institute of Management Accountants (CIMA)
On successful completion of a CIMA 3-hours exam, MScAAF graduates will be granted 11 exemptions from the CIMA professional qualification and will be awarded the CIMA advanced diploma in management accounting.
CIMA Code CIMA Paper Name
C01 Fundamentals of Management Accounting
C02 Fundamentals of Financial Accounting
C03 Fundamentals of Business Mathematics
C04 Fundamentals of Business Economics
C05 Fundamentals of Ethics, Corporate Governance and Business Law
E1 Enterprise Operations
P1 Performance Operations
F1 Financial Operations
E2 Enterprise Management
P2 Performance Management
F2 Financial Management
CPA Australia
CPA Paper Name MScAAF Course
Financial Risk Management FIN7210 Corporate Finance
FIN 7220 Investment & Portfolio Analysis
FIN 7240 Derivatives Securities & Risk Management
The Association of International Accountants (AIA)
AIA Code AIA Paper Name MScAAF Course
Module A    
Paper 1 Financial Accounting 1 Full Course Completion
Paper 2 Business Economics
Paper 3 Management Accounting 1
Module B  
Paper 4 Law
Paper 5 Auditing & Taxation
Paper 6 Information Processing
Module C    
Paper 7 Auditing Issues on Internal & External Auditing (ACCT7230)
Paper 8 Company Law Full Course Completion
Paper 9 Management Information
Module D    
Paper 10 Business Management Full Course Completion
Paper 11 Financial Accounting 2 Advanced Corporate Financial Reporting (ACCT7210) PLUS
Financial Statement Analysis & Business Valuation (FIN7260)
Paper 12 Management Accounting 2 Strategic Management Accounting & Controls (ACCT7220)

*Subject to ACCA’s, CIMA’s, CPA Australia’s and AIA’s approval

*Students need to submit individual application to apply for the exemption of CPA foundation levels

*Updated information will be provided on the web site of ACCA, CIMA, CPA Australia and AIA