www.pwc.

com/lt/lt/academy

ACCA
Student Guide
2015
Welcome to the ACCA Programme!

Dear ACCA Students,

The PwCs Academy is pleased to offer a full ACCA qualification for Lithuania. Whether you are
new to ACCA or a returning student, we are excited to present our courses, tutors, and study
options for 2015.

Our ACCA vision is simple to provide a premium teaching and support service that establishes
the highest possible levels of quality and leverages our knowledge and experience as a leading
professional services firm.

The ACCA Student Guidebook covers your participation in the ACCA programme at the Academy.
All of our support services are listed within these pages, and are designed to help you achieve your
goals in relation to ACCA. If there is anything that may concern you, you are welcome to meet
with any of our dedicated ACCA support team.

PwC Academy

Good luck in 2015

and study hard!

PricewaterhouseCoopers UAB, J. Jasinskio str. 16B, LT-o3163 Vilnius, Lithuania

T: +370 (5) 239 2300, F:+370 (5) 239 2301, Email: vilnius@lt.pwc.com, www.pwc.com/lt
 Page
Welcome to the ACCA Programme
The Academy Study scheme 4
Computer Based Exam (CBE) Centre 4
ACCA Examinations 5
The ACCA Work Experience Requirements 6
Approved Employers 7
The ACCA Ethics Module 7
Examination Resources 8
ACCA Programme Contact Details 9
Important Dates for the ACCA Qualification 10
Formal Complaints Procedure 11
Student Feedback 12
The Academy Student Regulations and Code of Conduct 13
First Aid and Emergency Procedures 14
Term and Conditions 15
Appendix: Student Suggestion Form 16
The Academy Study Scheme
Our study programme for the ACCA qualification at the Academy is
based on years of experience in ACCA training at
PricewaterhouseCoopers in Central and Eastern Europe. It is designed
to give our students the best possible chances of passing all of their
examinations on the first attempt.

Our training for the Fundamental papers F1-F3 is based on a future

success model all future papers are based on a basic understanding
of the syllabus of these foundation setting examinations. We therefore
encourage all students to take tuition courses to link their
understanding of key syllabus components to future examinations,
even if they are exempted from these papers. These papers can be sat
at anytime at PwC with the use of our CBE facility.

All of our tuition courses includes mock examinations to test your

knowledge and show you just how much you need to study before the
real exam and what to focus on. It is also an opportunity to practice
under examination conditions. Our tutors provide constructive
feedback summaries and individual analysis within eight days of mock
completion.

The following study and exam scheme is provided for illustration:

ACCA Study Year December June

Year 1 Papers F1, F2, F3 Papers F4, F5
Year 2 Papers F7, F8 Paper F6
Year 3 Paper F9 Papers P1, P2, Ethics
Module
Year 4 Paper P3 Papers P5, P7

Computer Based Exam (CBE)

Centre
The Academy is an ACCA Approved Computer Based Examination Centre
(CBE). Students have the ability to sit computer based exams for papers F1-
F4. The main advantage of the CBE system is flexibility you can sit these
examinations at any time of the year. In addition, you may resit the exams as
often as necessary. Students also receive their exam results on screen
immediately after completion and they are uploaded to your ACCA account
within 72 hours.

The examination fee for papers F1-F3 is 53 GBP; F4 - 71 GBP; facility and
administration fee charged by PwC is 43.44 EUR; plus VAT. PwC will
provide the use of the facility and administration of the examinations Free
of Charge for any students who have attended the courses with The
Academy.

For more information on The Academy CBE centre in Vilnius please refer
our website http://www.pwc.com/lt/en/academy/cbe-centre.jhtml

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 ACCA Examinations

Knowledge Module

Paper F1 Accountant in Business (AB)

Paper F2 Management Accounting (MA)
Paper F3 Financial Accounting (FA)

Skills Module

Paper F4 Corporate and Business Law (CL UK, INT)

Paper F5 Performance Management (PM)
Paper F6 Taxation (TX - UK)
Paper F7 Financial Reporting (FR)
Paper F8 Audit and Assurance (AA)
Paper F9 Financial Management (FM)

Essentials

Paper P1 Governance, Risk and Ethics

Paper P2 Corporate Reporting (CR)
Paper P3 Business Analysis (BA)

Options

Paper P4 Advanced Financial Management (AFM)

Paper P5 Advanced Performance Management (APM)
Paper P7 Advanced Audit and Assurance (AAA)

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The ACCA Work Experience Requirements
Gaining the relevant practice experience is
a key component to the ACCA
qualification. In the demanding accounting
and business professions it is essential to
link your theoretical knowledge from the
examinations to practical applications in
the workplace.
The ACCA Practical Experience
Requirements (PER) are closely linked to
the exam syllabus to further develop your
skills in the workplace. The framework of
the PER enables you to achieve a high level
of knowledge, ability, and ethics in the
workplace, demonstrating to employers
that you are the right person for the job.
ACCA students are required to achieve a set of
objectives over a three year period working in
an accounting or finance-related role and
record the completion of the PER through the
Trainee Development matrix (TDM). There is
no time limit to complete the PER though it is
necessary to complete it before applying for
ACCA membership.
You will need to seek your employers
assistance to gain your PER, so it is up to you
to choose the right employer to meet your
requirements.
To meet the ACCA qualification PER you
will need to complete all nine Essential
performance objectives and four Options.

ESSENTIALS
Professionalism, ethics and 1. Demonstrate the application of professional ethics,
governance values and judgement
2. Contribute to the effective governance of an
organisation
3. Raise awareness of non-financial risk
Personal effectiveness 4. Manage self
5. Communicate effectively
6. Use information and communications technology
Business management 7. Manage on-going activities in your area of
responsibility
8. Improve departmental performance
9. Manage an assignment

OPTIONS
Financial accounting 10. Prepare financial statements for external purposes
and reporting 11. Interpret financial transactions and financial
statements
Performance measurement 12. Prepare financial information for management
and management accounting 13. Contribute to budget planning and production
14. Monitor and control budgets
Finance and financial 15. Evaluate potential business/investment opportunities
management and the required finance options
16. Manage cash using active cash management and
treasury systems
Audit and assurance 17. Prepare for and collect evidence for audit
18. Evaluate and report on audit
Taxation 19. Evaluate and compute taxes payable
20. Assist with tax planning

For more information on the PER see your The Academy representative or visit the ACCA website at
http://www.accaglobal.com/en/student/acca-qual-student-journey/experience-
employment/experience/practical-experience.html

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Approved Employers
If you work for an ACCA Approved Employer at the Gold or Platinum level, students and members are
not required to submit a Training Development Matrix at the end of every calendar year to confirm that
they have met their ACCA Work Experience Requirements objectives. Instead, students and Member
must submit an Annual ACCA Return, stating that they are employed by in a company holding this
accreditation. The annual return should be submitted by December 31 st.
PricewaterhouseCoopers is has the Approved employers status.

For more information on Approved employers and your work experience requirements, please visit the
ACCA website:
http://www.accaglobal.com/en/student/acca-qual-student-journey/experience-
employment/experience/practical-experience/recording-experience.html#Approved-Employers
or contact the administrative team at the Academy.

The ACCA Ethics Module

Ethics is an integral component of the ACCA qualification, directly appearing in 11 of the 14 examination
papers and in all of the essential work experience performance objectives. The Ethics Module is an
online training course with the aim of exposing student to a range of ethical perspectives in business.
Students have access to the module in the examination session they are eligible to sit paper P1
Professional Accountant.

The ethics module is a key component to P1 training at The Academy. All students are required to sit the
module in conjunction with the tuition courses, and completion is mandatory before applying for ACCA
membership. In addition, statistics show that completion of this module before the P1 tuition course
greatly increases a student understanding of the syllabus and results in higher examination pass rates
for all Professional Level examination papers. More information on the Ethics module can be found at:

http://www.accaglobal.com/en/employer/supporting-trainees/ethics.html

http://www.accaglobal.com/en/student/acca-qual-student-journey/ethics/professional-ethics.html

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 Examination Resources

With years of The Academy Course Notes

The Academy develops our own course notes for each paper.
experience in audit The course notes contain relevant technical articles, study guides
with suggestions for home study, examination techniques and full
and taxation, we use information on syllabus. Students can contact their tutors by email
the knowledge and for any study advice.
skills of our own
auditors and tax Kaplan Engage
The Kaplan engage study system provides electronic resources
specialists to teach for each paper. To register, follow the instructions on the blue Kaplan
variant papers. information sheet located at the back of your study systems or visit
www.en-gage.co.uk

ACCA Student Accountant Magazine

Every month ACCA publishes the SA magazine containing technical
articles, study advice, and a range of accounting and business stories.
Pick up a copy at The Academy information stands or visit
http://www.accaglobal.com/gb/en/student/acca-qual-student-
journey/sa.html

Additional material request

Need a specific book for your paper? Contact The Academy
with your suggestions on material to add to our library!

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ACCA Programme Contact Details

ACCA Connect For information regarding ACCA Ethics and

2 Central Quay, 89 Hyde Park St., Policy:
Glasgow Scotland G3 9DH, United Kingdom Steve Willis
Tel: +44 (0) 141 582 2000 PricewaterhouseCoopers
Fax: +44 (0) 141 582 2222 ACCA Leader Central & Eastern Europe
Website: www.accaglobal.com tel.: +420 251 152 115
Email: students@accaglobal.com e-mail: steve.willis@cz.pwc.com

ACCA Ukraine, Baltic & Caucasus States

9/2 Chervonoarmiyska St, Entrance #7, Office 77
Kyiv 01004, Ukraine

Tel: +38 (044) 498 3450

Fax:+ 38 (044) 498 3451
Email: info@accaglobal.com
Web: www.accaglobal.com

ACCA Academy Contacts in Lithuania

Eleonora aikovskaja Ign Sadauskait

The Academy Leader The Academy Administration

Tel: (+370 5) 239 23 00 Tel: (+370 5) 239 23 00

Email: eleonora.caikovskaja@lt.pwc.com Email: igne.sadauskaite@lt.pwc.com

The Academy Tutors

Mike Little
Mike has been teaching for more years than he cares to admit. He was a director of Financial Training
Manchester for many years before leaving to become a freelance lecturer. He has been teaching in Latvia
and Lithuania for over 10 years, and now lives permanently in Vilnius.
Email: mike@mikelittle.lt

Ben Harvey
Prior to starting his own business, Growing Talent, in 2005, Ben spent thirteen years with PwC. He first
worked for the firm in London, and in 1997 moved to join the office in Vilnius. Ben began his
professional career as a chartered accountant and later moved into training and development. Today he
brings his knowledge and experience from both of these roles to his work with the PwC Academy.
Email: ben@growingtalent.eu

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Important Dates for the ACCA Qualification

January February March April May June

Payment of Results from March 8th is the April 8th is the May 8th is the ACCA
Annual December deadline of deadline of deadline for late examinations in
Subscription examination early exam standard exam exam entry for the first two
Fees sessions can be entry for June entry for June June session. weeks of June
accessed on session. March session. Students receive
myACCA from 15th is the their
February 8th. deadline for examination
We recommend submission for a Attendance
to request request for a Docket with
provision of Special details of the
results by email, Examination subjects of
this can be done Centre for the papers and the
in myACCA. June session. address of the
examination
centre.

July August September October November December

Enjoy Results from September 8th is October 8th is November 8th is ACCA
summertime! June the deadline of the deadline of the deadline for examinations in
examination early exam standard exam late exam entry the first two
sessions can be entry for entry for for December weeks of
accessed on December December session. December.
myACCA from session. session. Students receive
August 8th. We September 15th their
recommend to is the deadline examination
request for submission Attendance
provision of for a request for Docket with
results by email, a Special details of the
this can be done Examination subjects of
in myACCA. Centre for the papers and the
December address of the
session. examination
centre.

10
Formal Complaints Procedure
The Academy is committed to building strong
relationships with our clients, which includes
following the PwC Code of Conduct, regulating
all of our business and training activities. A
copy of our Code of Conduct can be viewed on
the Academy website. If you have any concerns
about The Academy operations, administration,
or quality of service please write a letter to The
Academy Leader Eleonora aikovskaja or an
anonymous statement on our Suggestion Forms
located at the Academy or at the back of the
Student Handbook.
Formal complaints and suggestions should
describe any concerns and state the action or
outcome desired. Trainees will receive an
acknowledgement of receipt within 3 working
days, and a resolution to the nature of the
feedback, where necessary, within 21 working
days.
All formal complaints and suggestions are dealt
with according to the following flow chart:

Trainee Complaint or Suggestion

Trainees explore options (informal or formal)

Formal Letter to Business Approach PwC Academy Staff

Academy Leader and tutors

Resolution

Formal investigation by
No Resolution
Academy Leader

Recommended solution by
Academy Leader

Trainee Satisfaction with Solution

Yes No
Educational and Administrative Discuss with the trainee and
staff updated complaint agree on alternative solution
database

Close file and amend policies,

procedures, and course
structures for improvement

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Student Feedback
In order to assist the Academy in providing continued excellent service
and education, clients are encouraged to provide feedback on their
training, either informally with any member of the Academy, through
our Trainee Feedback System, or by filling in a suggestion form located
in the reception area of the Academy.

At the end of each course, trainees have the opportunity to express

their opinions in a satisfaction questionnaire, providing feedback on
lectures, administration staff, course materials, and facilities.

The completed evaluation questionnaires will be submitted to an

independent staff member and the identity of all trainees and their
comments we be treated confidentially.

Opinions and information obtained from the forms will be used in the
development of course procedures and course committee meetings.

Teaching staff meet quarterly with The Academy leader at course

committee meetings to discuss:
Course evaluations
Trainee performance
Evaluation of lecturers
Trainee complaints
Examination rates (if applicable)
Course Syllabus

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The Academy Student Regulations
and Code of Conduct

1. Clients attending seminars at the The Academy must ensure

that they bring the personal identification and will be required to sign
All you need
is the motivation
in at the reception desk. Failure to provide identification may result in
clients or students being refused entry into the Academy.
to make
a significant
investment
2. The Company will not be held responsible for loss of any
personal items left in any training room or on The Academy premises.
in time
to achieve
success.

3. All Customers undertaking any training with the Company are

required to adhere to any notices or instructions given to them by any
member of the company's staff.

4. Smoking is not permitted on Course premises except in

designated areas. Customers who are considered to be under the
influence of alcohol or drugs will have their course terminated
immediately and all course fees forfeited.

5. Course participants are expected to exhibit professional

behaviour while attending lectures and seminars. Any action that
generally interferes with the quality of tuition a class is receiving,
which includes the use of mobile telephones or other electronic
devices, or any form of abusive verbal or written communication may
result in the breech of this service agreement and the removal of
clients from the courses.

6. Full course attendance is required of all students at The

Academy. Repeated failure to attend tuition courses may result in the
termination of the services Agreement. Students who are not able to
attend a course should contact their Academy representative in
advance of courses. All effort will be made for a student to join
alternative course dates if available.

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First Aid and Emergency Procedures
First Aid
In situations where an employee is suddenly taken ill in The Academy and needs
immediate medical assistance, the following steps should be taken:

1. Call the ambulance

on 103, 112 or call 2. Advise The
PwC reception on 8 5 Academy staff
239 23 00 immediately. If no staff
is readily available,
advise PwC reception
at the main entrance to
the Academy.

3. Stay with the

person who is ill and
provide first aid, 4. Ensure that
according to the best of everyone leaves the
your knowledge. immediate area, so that
the person who is ill is
in a quiet place and
privacy is maintained.

Fire & Evacuation Procedures

1.
Any person who discovers a fire shall be liable to report it without any delay at the designated
fire alarm reporting station, or ensure it is reported by pressing the fire alarm button.

2.
The following information shall be reported the name of the person, telephone number,
area in which the fire was discovered and the extent of the fire.

3.
If fire extinguishing means are available and no people are in imminent danger,
an attempt should be made to get the fire under control. Persons who are not necessary to
extinguish the fire shall immediately leave by fire staircases to the Emergency Evacuation
Assembly area. Details of the assembly areas are posted on all floors of PricewaterhouseCoopers
or you should follow your designated Academy representative out of the building.

4.
Take your personal belongings with you only if this does not inflict any difficulty or delay to you
or other exiting the building.

5.
Do not leave the assembly area or enter the building unless permitted by reception
and PwC security.

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Terms and Conditions

All clients are informed of our terms and conditions which are readily available from our website and
The Academy facility. All Customers are deemed to have read them before requesting our services or
products. These terms and conditions together with the registration form comprise the Agreement
pursuant to which The Academy provides training programmes to the client/student

1. Payment Terms
After initial registration for a course, you will receive confirmation of receipt and an invoice for
services. Full payment is required before final registration on a course will be confirmed.

All course fees must be paid prior to the commencement of any training, unless other arrangements
have previously been agreed with The Academy.

The Academy reserves the right to take any outstanding balances due from the Customer's
debit/credit card on or after the course start date.

2. Cancellations, Deferrals, and Course Changes

Any course cancellation made by the client must be made in writing or email to The Academy.
Registration ends 10 working days before each course. Registration to PwCs Academy courses is
binding.

Refunds (less an administrative fee of 25% of the total course fee) will be made for cancellations
received in writing more than 10 working days prior to the event. No refund is available for
cancellations made within the 10 working days prior to the event. Delegates may be substituted in
order to avoid cancellation at any time prior to the event. There will be no charge if a substitute
person wishes to replace the original delegate. Please inform the course administrator of any change
to the original booking.

The Academy shall make every effort to avoid the cancellation or rescheduling of an event. However,
we reserve the right to cancel an event at any time and, should the need arise, The Academy shall
endeavour to provide attendees notice in good time and refund or reallocate any payments made in
respect of the event. The Academy cannot accept liability for expenses or any other losses relating to
costs or time to the client or their employer.

3. Intellectual Property
The Academy grants the client a non-transferable, non-exclusive license to use PwC and Kaplan
material under the terms of this agreement. This license expires upon the termination of the
agreement for services for any reason.

The use of The Academy and Kaplan material is for educational purposes only, and clients will not
reproduce, retransmit, sell, disseminate, publish, or broadcast this material other than in accordance
with this agreement.

4. Limitation of Liability
The Academy liability (other than in respect of liability for death or personal injury) for direct losses
arising out of their negligence or breach of contract in connection with this agreement is limited to the
cost to the client for the courses for which they are registered, and any other costs related to study
material. The Academy is not liable for any indirect loss arising from negligence or breach of contract.

5. Data Protection
The personal data will be maintained and processed only by PricewaterhouseCoopers UAB for the
purpose of registration and disseminating business-related communications in the form of marketing
materials and invitations to professional seminars and conferences as part of electronic
communication. Consent is voluntary and you may withdraw your consent at any time.

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Appendix: Student Suggestion Form

If you would like the receipt of your complaint, please provide your contact details below.
Otherwise, statement may be made anonymously.

________________________________________
Name

________________________________________
Telephone

________________________________________
Date

Please describe the nature of your complaint or suggestion to The Academy below. Include as
much detail as possible, including the training room, tutor, staff member, or any issue
involved.

You can submit your complaints, suggestions and/or comments:

1) By leaving completed suggestion form at PwCs reception

2) Sending email: pwc.academy.lithuania@lt.pwc.com
4) Sending direct email to ACCA PwCs Academy contacts in Lithuania:
eleonora.caikovskaja@lt.pwc.com
5) By telephone: +370 5 2546920
6) By contacting ACCA Global: professionalconduct@accaglobal.com

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PwCs Academy
PwC Academy in Lithuania has gained the Association of Chartered Certified Accountants (ACCAs)
prestigious Gold level as an Approved Learning Partner - student tuition.

Approval is given to tuition providers who demonstrate that they meet the challenging performance
targets set by ACCA.

The ACCA is most

suitable for those
that aspire to become
professionals
in any sector
of business.

2015 PricewaterhouseCoopers UAB. All rights reserved.

PwC refers to PwC Lithuania member firm, and may sometimes refer to the PwC network. Each member firm is a separate legal
entity. Please see www.pwc.com/structure for further details.

PwC Lithuania helps organizations and individuals create the value theyre looking for. Were a member of the PwC network of
firms in 158 countries with more than 180,000 people. Were committed to delivering quality in assurance, tax and advisory
services. Tell us what matters to you and find out more by visiting us at www.pwc.com/lt

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