ACCA Exemption Benefit If you already have some qualifications then you may not have to take all of the exams in the ACCA Qualification. These are called ACCA exemptions and mean that you will start your studies at the right level for your knowledge and skill. ACCA Registration Following are most common exemptions available: 1) Exemptions for B.Com and M.Com Qualified Students For students who have already qualified B.Com / M.Com, they have the exemptions of ACCA knowledge level i.e. F1 to F3 and ACCA Skill level i.e.F4 subject. F1 – Business and Technology (BT) F2 – Management Accounting (MA) F3 – Financial Accounting (FA) F4 – Corporate and Business Law (LW) 2) Exemptions for BBA Qualified Students For students who have already qualified BBA, they have the exemptions of ACCA knowledge level i.e. F1 subject. F1 – Business and Technology (BT) 3) Exemptions for MBA Qualified Students For students who have already qualified MBA, they have the exemptions of ACCA knowledge level i.e. F1 to F3 subject. F1 – Business and Technology (BT) F2 – Management Accounting (MA) F3 – Financial Accounting (FA) ACCA Exemptions for CA Students: 4) ACCA Exemptions for CA Foundation Students No exemptions 5) ACCA Exemptions for CA IPCC Qualified Students For CA IPCC qualified students F1 to F3 subjects are exempted and F6 & F8 subjects are exempted. In case student has also completed the BCom/Mcom in addition to IPCC – He shall also have an exemption of F4 – Corporate and Business Law (LW) F1 – Business and Technology (F1) F2 – Management Accounting (MA) F3 – Financial Accounting (FA) F6 – Taxation (TX) F8 – Audit and Assurance (AA)