In 2014, the Association of Chartered Certified Accountants (ACCA) launched a project supported by RM Results to develop a new, more frequent, examination format that would test ‘real-life’ accountancy skills.
Founded in 1904, ACCA is a global professional accounting body offering the Association of Chartered Certified Accountant qualification. Over half a million candidates sit ACCA exams each year across 170 countries.
ACCA and RM Results have worked together since 2007 to provide RM Assessor to mark the majority of the ACCA accountancy exams onscreen.
Research carried out by ACCA in 2012 identified two expectations from both accountancy students and employers. Firstly, they wanted a more flexible assessment structure whereby candidates could be tested on a more frequent basis. Secondly, they highlighted their expectations for a computer-based delivery format for their exams, to better reflect the realistic working conditions of professional accountants, who conduct most of their day-to-day work on a computer. On the back of this research the ACCA team launched a project to increase the frequency of their F5-P7 exams (exams covering both ‘fundamentals’ of accountancy and ‘professional skills’) from two sessions a year to four and to implement an end-to-end computer-based format for their F5-F9 exams, without losing any of the rigour that ACCA exams are known for.
Download the full case study to find out how, with the help of RM Results, ACCA was successful in increasing their exam capacity.