The Cost of ACCA in Nigeria (2024)

It is easy to see why ACCA ranks among the most sought-after international examinations in the Accounting industry today. Apart from the fact that the examination is internationally recognized, the training and eventual series of examinations expose experts in the field to a deeper knowledge of accounting and its application.

cost of ACCA in Nigeria

With a lot of professionals in the accounting field beginning to pay more attention to this international certification, it is essential to take a look at how much each level goes for in Nigeria today. In this post, we will consider basic things aspiring ACCA candidates need to know about the examination and how much each paper goes for.

What is the cost of ACCA in Nigeria?

ACCA is one of the most sought-after international exams in the finance and accounting industry today and will likely stay that way for the foreseeable future. With an international that accompanies the exam, it is easy to see why Nigerians tend to lean towards this in favour of other local accounting certifications.

The examination comes in various levels, with each level bearing its own costs. This section focuses on how much is required to register and sit for the examination, breaking down amounts for each of the levels.

Cost of Registration

The cost of registration is the first fee you are required to pay when registering for ACCA. Candidates are expected to pay this fee only once. It should be noted that this fee has to be paid before you are allowed to complete your registration and sit for the first level of the examination. As it stands, the registration fee is £36 instead of £89, when you apply for the first stage of the exam. You should note that you are required to pay £36 for the enrolment fee again when registering for subsequent levels. You should also note that the reduced subscription fee is only available to new students who are in their first year.


 Annual Subscription Fees

Apart from the registration charges and fees per paper, candidates are expected to pay an annual charge of £122 for the subscription. This charge must be paid each year to keep your student status active. Your studentship status might be suspended if this charge is not paid within the stipulated period.  You should note that the reduced first-year subscription fee is £63.

Re-registration Charge

This is a penalty charge for students who did not pay the annual subscription fee as of when due.  ACCA students who did not pay the annual registration fee when due will have their names deleted from the formal ACCA register and will need to pay a re-registration fee plus all unpaid fees to be re-established as a student.

ACCA Examination Fees

ACCA Exam – LW

  • Standard registration – £135
  • Late registration – £345

ACCA Exam – PM

  • Standard registration – £135
  • Late registration – £345

ACCA Exam – TX

  • Standard registration – £135
  • Late registration – £345

ACCA Exam – FR

  • Standard registration – £135
  • Late registration – £345

ACCA Exam – AA

  • Standard registration – £135
  • Late registration – £345

ACCA Exam – FM

  • Standard registration – £135
  • Late registration – £345

ACCA Exam – SBL

  • Standard registration – £238
  • Late registration – £383

ACCA Exam – SBR

  • Standard registration – £170
  • Late registration – £383

ACCA Exam – AFM

  • Standard registration – £170
  • Late registration – £383

 ACCA Exam – APM

  • Standard registration – £170
  • Late registration – £383

ACCA Exam – ATX

  • Standard registration – £170
  • Late registration – £383

ACCA Exam – AAA

  • Standard registration – £170
  • Late registration – £383

ACCA Exemption Charge

It is also important to note that candidates are expected to pay exemption charges. An exemption fee is charged for each ACCA exam you are given an exemption from. The charges are as below:

  • Applied Knowledge exams – £40
  • Applied Skills exams – £58

ACCA Fees For Members

Admission to Membership – To be admitted as an official member of ACCA, candidates are expected to pay £142. Note that the charge is payable on successful admission to affiliation.


Annual subscription – All members are expected to pay an annual fee of £283.

Extended Leave Subscription – In certain circumstances, members may apply to pay a reduced annual subscription fee of £64.

Reduced subscription – In certain situations, affiliates may apply to pay a reduced yearly subscription fee of £142. Certain conditions have to be met to qualify affiliates to pay this amount.

Reinstatement Fee – Whenever a member is suspended, maybe due to non-payment of a yearly subscription or other related issues, the member is required to pay £64 reinstatement fee in addition to the entire amount he or she owes.

Lifetime Membership Commutation Fee – The lifetime membership commutation fee of £283 is a one-off fee allowing members to transfer to the register of retired members.

PRICES LAST UPDATED: SEPTEMBER 22, 2023.

What You Should Know About ACCA

The Association of Chartered Certified Accountants (ACCA) was established in 1904. The international body offers the qualification of Chartered Certified Accountants. The body spreads across 173 countries all over the world. ACCA offers qualifications in the subjects of accountancy, finance, and management.

The certification generally requires passing up to 14 exams. The examinations for ACCA Qualification are held every six months, usually in June and December every year. All of the tests are paper-based, although the first three examinations (F1, F2, and F3) can also be taken as computer-based and they are held throughout the year.

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