Source Name: ACCA

ACCA Awards Pearson VUE Contract for Future Delivery of F5-F9 Computer Based Exams

Jan 28, 2015   15:27 PM 
New Delhi, Delhi, India

ACCA (the Association of Chartered Certified Accountants) is delighted to announce a new agreement with Pearson VUE for the provision of computer based testing (CBT) across ACCA’s Fundamentals Skills Level (F5-F9) exams.

 

F5-F9 exams will start the transition to CBT towards the end of 2016, with students initially having the choice of CBT or paper exams. ACCA has agreed with learning providers and employers that any changes being introduced across the ACCA Qualification will be phased, ensuring they, and students, have time to adapt to the changes.

 

Pearson VUE’s experience in delivering CBT is renowned worldwide and is therefore the ideal partner for ACCA in terms of providing a secure and robust exam offering. Additionally the agreement enables ACCA to customise its computer based exams (CBEs) to ensure the continued rigour for which ACCA is known. The F5-F9 exams will continue to have the longer questions in exams that test a student’s ability to apply their knowledge. For these question types there will continue to be expert human-marking.

 

Helen Brand OBE, Chief Executive of ACCA, said: “ACCA first introduced CBT for the Fundamental Knowledge exams in 1998 and this agreement with Pearson VUE represents the next stage in ACCA’s transition, ensuring the ACCA Qualification remains relevant to today’s business environment.”

 

Bob Whelan, Managing Director of Pearson VUE, said: “This exciting new partnership will allow ACCA to realise its global digital ambitions and deliver assessments which reflect the real-life experience of modern day accounting professionals.”

 

As part of the new assessments for F5-F9, ACCA will be able to test students’ knowledge and skills in a way that more accurately reflects real-life workplace scenarios and activities. ACCA has an established approach to exam development, assessing students on both their knowledge and the application of that knowledge. This approach to exam development and the continued focus on rigour and application makes ACCA a first choice qualification for employers worldwide.

 

ACCA selected Pearson VUE to deliver its CBT exam programme because it offers a complete solution including test development tools, a registration and scheduling platform, test centre management tools and a full reporting service. Pearson VUE is providing its Exam Developer software to enable ACCA to write new content for the exams. This includes the authoring of advanced question types that test higher order skills and abilities and are more relevant to the accountancy sector.

 

Pearson VUE is also providing its test centre management applications to allow ACCA to manage the delivery of tests through its own network of test centres. This includes Pearson VUE’s Athena test driver where test papers are fully encrypted up to the point of delivery, improving security.

 

F5-F9 exams will be available during scheduled windows in March, June, September and December. Practice tests will also be offered to students, providing students with detailed contextual feedback to provide the best preparation for the exams.

 

About ACCA

ACCA (the Association of Chartered Certified Accountants) is the global body for professional accountants. It offers business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management. ACCA supports its 170,000 members and 436,000 students in 180 countries, helping them to develop successful careers in accounting and business, with the skills required by employers. ACCA works through a network of 91 offices and centres and more than 8,500 Approved Employers worldwide, who provide high standards of employee learning and development. Through its public interest remit, ACCA promotes appropriate regulation of accounting and conduct relevant research to ensure accountancy continues to grow in reputation and influence.

 

Founded in 1904, ACCA has consistently held unique core values: opportunity, diversity, innovation, integrity and accountability. It believes that accountants bring value to economies in all stages of development and seek to develop capacity in the profession and encourage the adoption of global standards. ACCA’s core values are aligned to the needs of employers in all sectors and it ensures that through its range of qualifications, it prepares accountants for business. ACCA seeks to open up the profession to people of all backgrounds and remove artificial barriers, innovating its qualifications and delivery to meet the diverse needs of trainee professionals and their employers. More information is here: www.accaglobal.com

 

About Pearson VUE

Pearson VUE is the global leader in computer-based testing for information technology, academic, government and professional testing programmes around the world. Pearson VUE provides a full suite of services from test development to data management, and delivers exams through the world’s most comprehensive and highly secure network of test centers in more than 175 countries. Pearson VUE is a business of Pearson (NYSE: PSO; LSE: PSON), the world's leading learning company.  More information is here: www.pearsonvue.com

 

About F 5 – F9

F5–F9 are ACCA’s Fundamental Papers – F5 Performance Management;
F6 Taxation; F7 Financial Reporting; F8 Audit and Assurance and F9 Financial Management. More details can be found here:

http://www.accaglobal.com/gb/en/student/acca-qual-student-journey/qual-resource/acca-qualification.html