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shaping success in business & finance ACCA Induction Pack

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Page 1: ACCA Induction Pack FINAL

shaping success in business & finance

ACCA Induction Pack

Page 2: ACCA Induction Pack FINAL

shaping success in business & finance

Introduction to the School

London School of Business & Finance (LSBF) is a specialist in

quality professional and postgraduate education. The school is

an independent private establishment, with campuses in

central London, Birmingham and Manchester.

In addition to professional qualifications with ACCA, ICAEW,

CIMA, CIM and CFA®, LSBF also offers a range of postgraduate

MBA and MSc programmes, as well as Practical Skills

Certificate programmes and prestigious executive courses.

Dynamic and goal oriented, the school uses every resource

possible to realise the potential of its students.

It is our mission to prepare students for leadership, excellence

and success. We believe that the best way to achieve this is to

provide a personal experience for each student. We invest all

our efforts in transforming our students into dynamic

professionals with a global perspective.

Our groundbreaking programmes bring together academic

knowledge and highly valued practical skills. They develop

both professionalism and management competence, creating

innovative leaders with the ability to succeed in challenging

situations. By combining professional qualifications with

academic degrees, LSBF give students the strongest possible

foundation for success in any business environment.

We believe that accounting, marketing and human resource

professionals are the backbone of business, and should

possess first-class management skills. Our vision is to drive

change through industry by addressing both professional and

managerial training needs. LSBF’s unique and relevant

programmes will bring great benefits to students, employers

and the overall economy.

We are proud to provide a vibrant, creative and inspiring

atmosphere to develop your potential.

LSBF’s position as London’s most dynamic tuition provider and

a prestigious name in the industry was asserted by the school

being voted the PQ Magazine College of the Year award for

two years running.

LSBF has partnered with InterActive, an innovative study

platform that enables students to study professional

qualifications 100% online. The InterActive platform uses

cutting-edge technology to deliver entire syllabuses; enabling

students to watch pre-recorded, studio quality lectures, with

the same tutors that teach on campus in London, Birmingham

and Manchester.

Size of School

12,000 students

300 staff

Where we are:

Our Manchester campus is situated at:

2nd Floor

Linley House

Dickinson street

Manchester

M1 4LF

We also have campuses in:

London

Holborn 1

8/9 Holborn, EC1N 2LL,

The school is very close to Chancery Lane Tube

Station, Exit 3.

Holborn 2

Buchanan House, 30 Holborn, EC1N 2LX

New Court

New Court, 1 Serle Street, WC2A 2JE

Marble Arch

Lex House, 17 Connaught Place, W2 2ES

Birmingham

2nd Floor Podium, Centre City

5-7 Hill Street, Birmingham, B5 4UA

Closest National Rail Station: Manchester Oxford Road Station 7 minutes walking distance. Exit via the main exit. Turn left at Sainsbury’s onto Oxford Street.

Turn right at the traffic lights onto Portland street.

Turn right again onto Dickinson Street LSBF Manchester Campus (Linley House) will be

situated at the end. Tram Metrolink: St. Peter’s Square. 7 minutes walking distance.

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Linley House Churchgate House

Page 3: ACCA Induction Pack FINAL

shaping success in business & finance

LSBF MANCHESTER TEAM

LSBF TEL: 0161 713 1777

To talk to a member of the team you are welcome to telephone or come in person to our office on the 2nd floor, Linley House, Dickinson Street, Manchester, M1 4LF, between 9:00 and 18:00, Monday to Friday.

Debbie Groom

Managing Director

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Vicki Williamson

Admissions Manager

[email protected]

James Elderfield

CAS Liaison Officer

[email protected]

Charlotte Deegan

Admissions Officer

[email protected]

ADMISSIONS

Stella Morris

Admissions Officer

[email protected]

Amanda Quinlan

Office Manager

[email protected]

Sarah Pressler

Administrator

[email protected]

Darren Wyatt

Administrator

[email protected]

Victoria Ackroyd

Administrator

[email protected]

Louise Pritchett

Post graduate Programmes Manager

[email protected]

Farrah Rezaiezadeh

Exam and Assessment Co-ordinator

[email protected]

MASTERS PROGRAMME

Sophie Herries

Post graduate Administrator

[email protected]

Amy Curphey

Finance Manager

Michelle Tsai

Finance assistant

[email protected]

FINANCE

Olu Badewa

Payments Officer

[email protected]

Peter Samuell

Credit Controller

[email protected]

Hester Glock

Receptionist

[email protected]

RECEPTION

Mike Forgham

Receptionist/front of house security

[email protected]

Kayley Bowes

Receptionist

[email protected]

Stephanie Cavey

Compliance Assistant

[email protected]

Helen Tsai

Student Welfare Officer

[email protected]

Debbie Groom

Managing Director

Sarah Pressler

Administrator

[email protected]

Darren Wyatt

Administrator

[email protected]

Victoria Ackroyd

Administrator

[email protected]

CIMA AND ACCA PROGRAMME

ADMINISTRATION

RECEPTION

Page 4: ACCA Induction Pack FINAL

shaping success in business & finance

ACCA TUITION

Introduction to ACCA - What is ACCA? The ACCA Qualification is a highly relevant, targeted combination of study and practical experience. The syllabus is a result of extensive research and consultation with governments, students, colleges and employers from a range of public and private sector organisations. Future employers will be aware of your potential, because the ACCA qualification is highly regarded throughout the world. Remember: YOU MUST REGISTER AS A STUDENT WITH ACCA. Non-registration will mean that you will not be able to study with us nor sit any exams or progress on the course. How to register with the ACCA: By Post

Request an information pack to be sent to you in the post. Complete the form and enclose it with appropriate supporting documentation (proof of qualifications etc). Return it to the UK address by recorded delivery.

Online

Register online at: www.accaglobal.com Complete the online registration form. Print out and complete the ACCA Declaration Sheet, and enclose it with appropriate supporting documentation (proof of qualifications, etc.). Return it to the UK address by recorded delivery. You will be allocated a unique reference number by email.

Please keep a note of this reference number as you can

Deadlines You can register with the ACCA at any time; it is your responsibility to register with the institute and for the examinations. There are two examination sessions per year; in order to sit for a particular session, the ACCA must receive your registration form, fees, and relevant documents by the following dates: For June Examinations Institute registration by 31 December (of the preceding year) Exam entry deadline*: 15 April (of the same examination year) For December Examinations Institute registration by 15 August (of the same year) Exam entry deadline*: 15 October (of the same examination year) *no late entry

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Page 5: ACCA Induction Pack FINAL

shaping success in business & finance

Once your application has been processed successfully (please allow a minimum of six weeks), you will receive your Student Information Pack, which contains all you need to know as a student of ACCA.

including:

• your registration card

• examination syllabus

• variant syllabuses (where applicable)

• ACCA/Oxford Brookes scheme information

• examination arrangements including timetables

• Student Training Record incorporating minimum competence requirements for membership

You will also receive regular copies of the student’s magazine ‘Student Accountant’ containing important information about forthcoming examinations, technical articles on the syllabus, news, reviews and other useful information.

ACCA Programme Exemptions

Students with relevant qualifications may be entitled to exemptions from certain ACCA examinations.

You can expect to receive exemptions if you hold;

+ a relevant degree, or; + a relevant professional qualification.

For example, students who hold AAT membership will be exempt from papers F1, F2 and F3.

No exemptions are given for Professional Level examinations.

To claim exemptions for June exam sitting you must send the relevant documents by 31st January. Please note that you must complete your registration before 31st December.

When claiming exemptions for December exam sitting you must complete your registration with ACCA and send all the relevant documents for exemptions before 31st July.

Please contact the ACCA on +44 (0)141 582 2000 or check the ACCA online database for comprehensive information on exemptions at www.accaglobal.com

LSBF advise you to check your starting point and obtain written confirmation of your exemption status from ACCA before embarking on any course of study.

Being awarded exemptions assumes you have the knowledge required to progress with your chosen course. It is your responsibility to ensure that you are completely up-to-date with prior knowledge requirements.

ACCA Contact Information Guide

2 Central Quay 89 Hyde Park Street Glasgow United Kingdom G3 8BW [email protected]

Student Enquiries: [email protected] Member Enquiries: [email protected]

Tel: +44 (0)141 582 2000 Fax: +44 (0)141 582 2222

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shaping success in business & finance

ACCA course entry requirements

There are a number of entry routes which can be undertaken: Professional Examination Route The minimum entry requirements for students wishing to register with ACCA under the Professional Examination Route are: You must be at least 18 years old and meet at least one of the following criteria or equivalent for the requirements below from your country:

2 A levels and 3 GCSEs (5 separate subjects including English and Maths)

CAT Level B (complete)

AAT (UK) Intermediate (complete)

BTEC National Certificate (any subjects)

Advanced GNVQ (any subject)

NVQ Level 3 or 4 (any subject)

Degree (from a recognised institution in any subject)

ACCA Certified Diploma in Accounting and Finance (complete)

Mature Student Entry Route (MSER) If you do not have any of the above qualifications, you may apply to join the ACCA course as a Mature Student. For entry to ACCA’s professional qualification via the MSER you must be over the age of 21. You must also pass papers F2 and F3 before you can sit any other papers. This must be done within two years from the date of your first eligible exam session, before progressing onto the professional qualification. If you intend to sit your other papers for June exam sitting you need to pass your F2 and F3 exams by January 31st. (if you are sitting a computer based exam). If you are sitting a written exam this should be done on the date scheduled by ACCA for that period.

If you intend to sit your other papers for December exam sitting you need to pass your F2 and F3 exams by 31st July (if you are sitting a computer based exam). If you are sitting a written exam this should be done on the date scheduled by ACCA for that period. Practical Experience Requirement Please be aware that to become ACCA-qualified accountant you must pass your exams as well as complete the practical experience requirement. To achieve the practical experience requirement, you need to be working in an accounting or finance-related role. You can gain it before, during or after completion of the ACCA exams. There is no time limit to gaining practical experience and applying for ACCA membership. The performance objectives are closely linked to the exam syllabus and it is recommended that you co-ordinate your study and practical experience achievement. To learn more about PER please visit http://www. accaglobal.com/students/acca/per/ or talk to your tutor.

LSBF and ACCA

How to register as a student at LSBF - Application process:

Please note the entry requirements for the ACCA complete course below.

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shaping success in business & finance

Modes of study for ACCA at LSBF • Full time (tuition and revision combined) • Online – www.studyinteractive.org What is expected of the student attending the course? It is recommended that student’s out of class self-study hours (e.g. expected study time per week) should, as a minimum, be equivalent to the tuition time in the class. Attendance You must attend all your classes. International students must attend a minimum of 15 hours of study per week. Non-attendance will be reported to the UK Border Agency and will result in significant ramifications to your visa status, and may lead to deportation. Attendance Policy This policy applies to all students. Although the majority of our students are punctual and maintain exceptional attendance percentages, unfortunately there are still quite a few who don't . Lateness will not be permitted. Students can arrive and enter class up to 20 minutes from the advertised start time only. After 20 minutes has elapsed, students will be required to wait until the class breaks before entering. If entering at break no attendance will be recorded for the morning session. The same applies to students arriving late back to class after lunch. Signing the registers Students will be asked to sign the register at four points in the day, in the morning, immediately after 20 minutes of class time has elapsed, straight after first break, sometime in the afternoon and 20 minutes before the end of the class Students not in class at the time the register is taken will not be able to sign the register and will be recorded as absent. We are required to not only monitor your attendance but also record it. We also have an obligation to report offences to the UKBA and remove sponsorship, which will invalidate your VISA and result in your being required to leave the UK. Please note that the UKBA require us to report any student who has missed 10 sessions (a session is half day), therefore 5 full days during any semester. Importance of Past Papers To emphasise the importance and value of practising past paper type questions under exam conditions, LSBF provide a mock exam for all students at the end of the course before the exams. Students are also encouraged to use the ACCA website as a resource for past papers to practice questions.

Homework/Coursework Self-study work will be issued by the tutor and will include pre-reading, and part and full questions to be attempted. Mock Exams There are two mock exams; tuition mock (at the end of the tuition course/phase which is not compulsory) and a revision mock at the end of the revision course/phase. Please note, if you plan to avail our free re-sit policy, you must pass the revision mock. Exam results ACCA provides tuition providers with students’ exam results in order to monitor the effectiveness of tuition provided. Please note that when enrolling with us you consent to ACCA sharing your exam results with us; this information is kept in strict confidence and is used for academic quality assurance purposes only. College Quality Procedures

Student feedback forms at the end of each course.

Regular ACCA teaching staff meetings – one every semester.

External review of ACCA course (e.g. faculty review).

ACCA Learning involvement.

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shaping success in business & finance

How to register for exams

For procedures, please check the following link: http://www.accaglobal.com Computer Based Exams (F1, F2, and F3): You must register for your computer based exams through the ACCA website above. Class Registration In order to attend classes you MUST register online and select your papers and groups. Please note that online registration with LSBF is compulsory as it secures your place in the class you would like to attend. If you do not register you will not be able to attend ANY class. Important: You will not be able to register or request any letters if you have any outstanding payments on your account. It is therefore in your best interest to settle any outstanding accounts without delay in order to guarantee your place in your desired class/group. To proceed with online registration, please follow the steps below. Registration Procedure 1. Log in to http://mypage.mylsbf.com (using the username and password provided upon enrolment).

Please remember and make note of your student number: you will need it at all times to access LSBF services.

If you have forgotten or misplaced your password please request it again via the link ‘request a password’.

2. Registration for classes

Once your account has been verified, you will be able to choose the classes and groups you would like to attend during this intake.

Please also select your preferred group.

You will receive an email within 24 hours confirming your registration.

You may wish to review our easy to use Guide for Online Registration for instructions.

For further enquiries regarding online registration, please email Administration on: [email protected] If you do not have access to email please call 0161 417 1777 or visit our LSBF Campus at Linley House and one of our staff members on the 2rd floor will be happy to assist you. Please ensure that you do not have any outstanding payments on your account before attempting your registration.

Complaints Procedure In the event you should wish to feedback your thoughts to LSBF, about anything to do with the school, then please take the following action: 1. Approach the Administration department 2. Should you still feel unsatisfied with the response you are given please contact Teresa Jacobs, Director of Excellence and Quality Assurance on [email protected]. Materials We aim to distribute all course materials during the first week of your studies from specially designated desks. You will be notified of the date and location of the material distribution. Please note that materials will only be given to students who have registered for classes. In case you do not collect your books when they are distributed, you can collect them maximum two weeks later from the Student and Academic Support Department in each campus. Letters If you require any letters please do this through My Page. All letters should be requested through My Page—http://mypage.mylsbf.com. Alternatively you can request by filling in a form on reception and handing it to somebody in the Administration Team. Letters that can be requested are bank letters, general letters, attendance letters, holiday letters, council tax letters, and receipts. These letters will take between 3 to 5 working days to be processed and you will be informed by email when they are ready to collect. Accomodation If you require assistance finding accommodation, please contact our student welfare officer who will advise and guide you through the process of finding accommodation to suit your requirements.

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shaping success in business & finance

Access To Professionally Recorded Lectures Increase your study efficiency and pass rates Our award-winning InterActive study platform provides students all over the world with revolutionary access to professionally recorded top quality video lectures. For a limited time we offer all our students the ability to benefit from this resource free of charge. This is a sample of a video lecture: All students will be given FREE access to the professionally recorded lectures via the InterActive platform. Once your access to the InterActive platform is set up, you will receive a separate email with log in details and instructions. The Refund Procedure All refund requests are dealt with via our ticketing system. Should you wish to apply for a refund please go to http:// mylsbf.com, select “Student fee form” on the lower right hand side of the page and click “submit a ticket”. An initial decision is sent within 15 working days provided all correct/requested information is submitted. Any discretionary cases will require review from the refunds committee once every 45 days.

Terms and Conditions of the LSBF Pass First Time

Guarantee™*

To qualify for the Pass First Time Guarantee™ entitling qualifying students for a free

re-sit course:

1. For students who book tuition and revision courses (and students on qualifying full-

time courses): the student must attend at least 90% of the tuition and revision classes

and pass the mock exam conducted by LSBF.

2. All the course fees must be paid in full before the examinations are taken.

3. You must attempt the real exam.

4. In the event of failure you must provide proof of that failure on application for the

re-sit course.

5. The qualifying re-sit classes (tuition, revision and/or QB) must be attended at the

next examination sitting. After that point the Pass First Time Guarantee™ will lapse.

The Guarantee is not transferable.

6. Claims under the Guarantee must be received by LSBF a maximum of one month

after exam results have been released.

*Please refer to www.lsbf.org.uk/terms-and-conditions for the most up-to-date and

full terms and conditions.

Terms and Conditions*

Students’ attention is particularly drawn to this section, as registration on the course

constitutes full and irrevocable acceptance of the terms and conditions.

1. Students on a Student Visa must book and attend a minimum of three academic

subjects, each term, to meet the requirements of their VISA. Students must

familiarise themselves with UKBA regulations and at all times abide by the conditions

of their visa. Students must inform the School immediately of any change in their

immigration status.

2. To book a place on a course, either the full fee or a minimum deposit of 50% of the

total course cost is required.

3. All deposits received are for the sole purpose of reserving a course place and are

non-refundable and non- transferable, save as provided otherwise in these Terms and

Conditions.

4. In case you require a CAS, as per UKBA regulations you must provide the following

information with your application, as evidence thereof should be included in your

CAS: copies of all previous relevant education – A levels, GCSEs (or equivalents),

degree (certificate/diploma and transcripts) and an English translation of all

documents not in English. Please note that a failure to provide such documents with

your application will delay your visa letter.

5. If a student’s VISA application has been refused, then the fees paid will be refunded

less an administration charge of £100 (plus any courier and transfer charges) on

production of the following documents: (1) Copy of the VISA refusal letter (APP200)

(2) Copy of the student’s passport showing both a photograph and signature; and (3)

where the payee was not the student, an original authority letter from the student

authorising the repayment to the payee. Applications for refunds under this section

must be made in writing at least 15 days before the commencement date of the

course (published date). It is the student’s responsibility to satisfy themselves that

they could comply with the notification guidelines prior to making an application. In

circumstances when notification under this clause will be impossible, an application

by the student forms a waiver of the rights under this clause.

6. If a visa application is refused on the grounds that the student failed to provide

necessary documents, demonstrate adequate financial support or other reasons for

which the student is accountable, the School accepts no responsibility to refund

under section 5.The student is held responsible if the visa application has been made

late and their LSBF enrolment has already processed.

7. A charge of £50 will be made to students for all dishonoured payments. The School

reserves the right to report offenders to the ACCA and UKBA.

8. No refunds or course transfers are permissible other than in the instance of VISA

refusal once letters have been issued confirming full time status, and only when a

student complies with the refund application procedures as detailed above.

9. The School reserves the right to dismiss any student at any time for non-payment

of fees. No fees will be refunded for any student dismissed under this section.

10. The School is required to inform the appropriate authorities, including the UKBA,

where a student has been removed from School under section 7 above.

11. Fees are published separately for each semester and are payable by all students

studying at the time unless they have paid full fees prior to the publication of the new

fees. Paying a deposit does not prevent any fee increase being applied. Promotions

and offers may have restricted eligibility requirements and may change from time to

time.

12. All fees exclude amounts payable to the professional body for student

registration, exemptions and examination entries.

13. Availability of the online resources cannot be guaranteed due to reasons beyond

the School’s control, including technical faults and limitations.

*Please refer to www.lsbf.org.uk/terms-and-conditions for the most up-to-date and

full terms and conditions.

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