The Basics

Since its inception in 1904, the Association of Chartered Certified Accountants (ACCA) has been a global leader in professional accounting. With 240,952 current members and 541,930 aspiring members worldwide, ACCA offers the prestigious Chartered Certified Accountant qualification. In today’s fiercely competitive business landscape, ACCA stands as a pivotal force in shaping successful careers.

To know the ACCA Qualification updates, check out the video below:

Embarking on the journey to ACCA membership entails clearing several milestones. To attain ACCA membership, it is essential to successfully

1. Complete All ACCA papers
2. Professional Experience Requirement (PER)
3. ACCA Ethics and Professional Skills Module (EPSM)

The ACCA Ethics and Professional Skills Module (EPSM) stands out as a pivotal milestone. Yet, be assured that it’s not an overwhelming barrier; instead, ACCA EPSM’s serves as a bridge to navigate—a pathway guiding you towards becoming a finance professional with comprehensive skills, robust ethics, and heightened employability.

Notably, ACCA recommends completing this online and self-paced module either before or concurrently with the pursuit of professional-level exams.

What is ACCA EPSM?

Clients now, more than ever, rightfully expect professionals to possess a comprehensive understanding of the latest ethical standards in accounting practice. The Ethics and Professional Skills module not only equips you with advanced ethical and professional capabilities but also grounds your knowledge in tangible business examples. This unique combination not only enhances your overall skill set but also provides a distinct advantage when seeking opportunities with discerning employers.

The online module has 10 units, with 7 learning units and 3 assessment and support units. which lasts approximately 15 hours. Topics covered include communications, commercial, innovation, analysis and evaluation skills.

ACCA EPSM Syllabus Structure

• UNIT 1: ETHICS AND PROFESSIONALISM
• UNIT 2: PERSONAL EFFECTIVENESS
• UNIT 3: COMMUNICATION AND INTERPERSONAL SKILLS
• UNIT 4: COMMERCIAL AWARENESS
• UNIT 5: LEADERSHIP AND TEAM WORKING
• UNIT 6: INNOVATION AND SCEPTICISM
• UNIT 7: DATA ANALYTICS
• UNIT 8: INTEGRATED CASE STUDY
• UNIT 9: STRATEGIC PROFESSIONAL SUPPORT
• UNIT 10: EPSM FINAL ASSESSMENT

There is no time limit to complete the module. There is however, a 2 hour time limit in place to complete the final assessment.

Objective of ACCA EPSM

It’s mandatory for ACCA membership. But more importantly, it’s an investment in your future. Here’s how:

The EPSM module serves as a vital bridge between theoretical knowledge and practical application. By immersing you in real-world work scenarios, it hones your ability to analyze challenges, develop solutions, and apply your technical skills in a relevant context. This mirrors the approach expected in the Strategic Professional exams, preparing you to tackle complex cases with confidence and competence.

In straightforward terms, the program serves as an intensive educational experience for navigating the practical realm of finance with both integrity and competence. It extends beyond technical proficiency, providing participants with essential soft skills highly sought by employers, including effective communication, leadership abilities, commercial awareness, and, notably, the capacity for ethical decision-making.

Success Tips:

1. Utilize the interactive online platform to its full potential.
2. Actively engage with case studies, applying theoretical knowledge to practical scenarios.
3. Seek support from available resources, including forums and discussions.
4. Completing EPSM is a game-changer for your Strategic Professional exam preparation. It bridges the gap between theory and practice, equipping you with the critical skills and real-world understanding needed to excel!

Remember, it’s not just a module, it’s a mindset: The skills you learn in EPSM will become an integral part of your professional identity.

Conclusion – Cross the Bridge to Excellence with ACCA EPSM

The ACCA EPSM module is not simply a mandatory hurdle; it represents a transformative journey, shaping aspiring professionals into ethical, competent, and highly employable professionals ready to excel in the dynamic world of finance.

Remember, EPSM is more than just a module; it’s a stepping stone towards an exemplary career in finance.

So, take a deep breath, cross that bridge, and embrace the journey! You’ve got this!

FAQs

The purpose of ACCA EPSM FAQs

What is the purpose of the Ethics and Professional Skills module (EPSM)?

The EPSM exists to ensure that finance professionals can showcase their comprehension and application of ethical and professional behavior in real-world work scenarios. By engaging with the EPSM, individuals can cultivate practical, real-world skills, empowering them to make a meaningful impact in organizations from the very beginning.

What do professional skills encompass, and why are they significant?

Professional skills refer to specific abilities typically gained through workplace experience, such as teamwork, communication, and negotiation proficiency.

Given the evolving global business environment, employers seek finance professionals who can contribute value right away. Consequently, possessing not only technical knowledge, skills, and abilities but also professional skills and qualities is increasingly in demand by employers.

In what way does EPSM assist in succeeding in Strategic Professional exams?

EPSM aids in the cultivation of the professional skills essential for success in Strategic Professional exams. By guiding your focus toward real-world work scenarios, the module enhances your comprehension and skills in addressing challenges, aligning closely with the approach expected in Strategic Professional exams.

Eligibility FAQs

When is the optimal time to finish EPSM?

It is advisable to complete the EPSM towards the conclusion of your Applied Skills exams and before undertaking any Strategic Professional exams. This timing ensures that the module’s support is maximized for achieving success in your Strategic Professional exams.

If I’ve already finished a prior version of the Ethics Module, is it necessary to complete the EPSM?

While completion of the previous Ethics Module exempts you, it’s worth noting that the EPSM provides valuable support for your preparation for Strategic Professional exams. Therefore, we recommend taking the EPSM if you still have any of these exams pending, as it will enhance your learning experience.

Time duration and limit FAQs

What is the estimated time required to complete EPSM?

EPSM typically takes around 20 hours to finish. Additionally, once completed, you retain the ability to revisit any module content at your discretion for knowledge refreshment.

Is there a time restriction for completing the module?

There is no specific time limit for completing the module itself. Nevertheless, it’s important to note that a 2-hour time constraint is in effect for the final assessment associated with the module.

Payment FAQs

What is the cost of EPSM?

EPSM incurs a one-time fee, and there are no additional resit fees. Upon payment, students gain the flexibility to attempt the assessment multiple times and enjoy unrestricted access to all other module content.

To find out the cost of the module please visit ACCA pricing page.

Which payment methods are presently accepted?

At present, ACCA exclusively accept payments via credit/debit cards. Please note that American Express and Maestro cards are not accepted.

Is it possible to obtain a copy of my receipt?

Yes, upon the completion of your purchase, an order confirmation email will be dispatched. This email will contain comprehensive information regarding the transaction, including payment details.

How can I obtain an invoice?

After the purchase, an order confirmation email will be sent to acknowledge receipt. If you require an invoice, kindly contact ACCA Connect, and they will assist you in generating the necessary documentation.

What is the process for redeeming a voucher or discount code?

To redeem a voucher or discount code, add the module to your cart. During the purchase, input the code in the designated voucher/discount code field, and click Apply. The value of the voucher or discount code will be deducted from your total before making the payment.

Is it possible to extend an expired discount code?

Unfortunately, ACCA does not extend discount codes. Please make sure to redeem your discount within the specified timeframe, as advertised, to ensure its validity.

What should I do if I haven’t received my booking confirmation email?

If you haven’t received your booking confirmation email, first, check your junk/spam folder. Ensure that the purchase was successfully completed. If the issue persists, please contact ACCA Connect for further assistance.

Login/Password FAQs

How can I access EPSM?

Upon the completion of your booking, access to EPSM is granted immediately through your myACCA account.

What should I do if I’m experiencing difficulties accessing EPSM?

If you encounter problems accessing EPSM, first, ensure you are using the latest version of your browser, as this may be a browser-related issue. If the problem persists, contact ACCA Connect and provide detailed information, including the module name, URL, the browser you are using, and any available screenshots. This information will assist in investigating and resolving the issue.

What is the process for resetting my password?

To reset your password, click on the ‘forgotten your password?’ link on the myACCA sign-in page. Following this, you will receive an email containing a generated link that enables you to reset your password.

What should I do if I’ve forgotten my username and password?

If you forget your username, use your myACCA ID as your username. If you can’t recall your username/myACCA ID or password, go to the myACCA sign-in page and click on the ‘forgotten your password’ or ‘forgotten your username’ link. An email with a generated link will be sent to you, allowing you to reset your password or receive a reminder of your username. If you encounter persistent issues, visit the help page for further assistance.

Assessment and certificate FAQs

Is there an examination requirement for EPSM?

Yes, EPSM includes a series of quizzes throughout the module, and the final section involves an assessment that you must pass. If you do not pass on your initial attempt, you have the opportunity to try again without incurring any additional fees until you achieve success.

What do you get on completion?

You will receive a Certificate of achievement and a transcript showing the skills you have demonstrated throughout the module
You will have completed one of the three key requirements towards ACCA membership (the others being exams and experience)

As you work through the module, you will be asked to complete different tasks which you would expect to see in a real-world work scenario. You may wish to save these to present to your employer, or in an interview situation, to demonstrate how you would approach and resolve these real-world scenarios. You could also share them with your PER mentor to demonstrate achievement towards your performance objectives.

What is the process for downloading my certificate?

Ensure that you have completed all components of the learning to obtain your certificate. Once all elements are successfully completed, a download button for your certificate will be accessible on the module page, allowing you to download it.

What should I do if the name on my certificate is incorrect?

The name displayed on your certificate is derived from the information in your myACCA account. To avoid errors, ensure that your name is accurate in your myACCA account. If corrections are needed, contact ACCA Connect and request amendments, providing supporting proof such as your birth certificate, passport, or driver’s license.

I have an exemption from units 1-3 of EPSM due to completing FIP. Is it necessary to review these units?

Yes, it is advisable to review units 1-3, even if you have received exemptions. In units 8 and 10 of EPSM, assessments cover topics and skills from all previous units, including units 1-3. To ensure confidence in your knowledge, especially regarding the learning from earlier qualifications, it is recommended to revisit these units before attempting the assessment units.