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14 Aug 2008
ACCA exam registrations have soared at accountancy training agency BPP Holdings, which for the first half of this year saw pre-tax profits rise by 10%.
The BPP figures reflect a broader national trend showing an 8% growth in registrations for taking the ACCA exam over the three years between 2004 and 2007.
‘Without doubt this is an indication there is still a steady demand despite the fact that ACCA changed its syllabus recently,’ said chief executive, Roger Siddle.
BPP is looking to develop its revision and question day courses geared to upping students’ pass rates for accountancy qualifications.
The company’s business school is also launching a masters in accountancy along with one in finance, marketing, human resources and general management in a bid to get a slice of the lucrative £1.2bn postgraduate market.
Its pre-tax profits rose to £9.7m compared with £8m for the same period last year. The company’s earnings per share increased by 15% from 12p to 13.8p with its dividend per share rising by 10% from 6.10p to 6.70p. Its pre-tax profits for the first half of 2007 were £8.8m.
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Visitor comments Add your comment
ACCA's qualification on the rise?
As an ACCA passed finalist, I now think that this body is making its qualification quite shallow because most of these students writing the exams end up passing all of the papers with no experience to match, hence making the qualification seem useless as recruiters do not actually care about your exams history. I would rather the ACCA adopts the ICAS or ICAEW model where a student has to have some level of practical experience before sitting certain final stage exams. What the ACCA has now is a bloated student and affiliate number where the vast majority have no experience or relevant accounting jobs that will enable them see the sense in obtaining the qualification.
Posted by: Adewale, 22 Oct 2009 | 00:00