Estimated Cost of ACCA Qualification in Nepal

Founded on 30th November 1904, the Association of Chartered Certified Accountants – ACCA is a widely renowned global body for professional accountants. By increasing its influence in the accounting profession worldwide, ACCA is the world’s most forward-thinking professional accounting body. Currently, there are more than 233,000 fully qualified members and 536,000 future members who are pursuing ACCA. The ACCA Nepal office is located in IT Plaza, Kamaladi which handles promotional activities and student affairs with the combined effort from the fellow ALPs in the country.

The Institute of Chartered Accountants of Nepal (ICAN), on the other hand, is the regulator of the accounting profession in the context of Nepal. The autonomous body was established in 1997 and had started to offer chartered accountancy (CA) courses in Nepal since 1999 and conducted the first CA examination in 2000.

‘COST’ for completing the course is the most conventional question amongst the students who have successfully completed or are appearing their grade XII exams (NEB, A-Levels & CBSC). In order to address these questions and to provide a reliable estimate of the cost, the following comparative chart has been constructed.

Cost Estimates

The fees payable to ACCA are published on their website and are revised on an annual basis. On the other hand, the admission fees and tuition fees depend upon your choice of the ALP that you are willing to study. An estimate for the costs to complete the ACCA qualification includes:

S.N.	Particular	Fees charged by College (In NPR)	Fees charged by ACCA (In GBP £)
1.	College admission Fees	20,000	-
2.	ACCA Registration Fees	-	45
3.	Applied Knowledge Level	60,000 ( Tuition Fees)	363 (Exam Fees)
4.	Applied Skill Level	97,500 (Tuition Fees)	207 (Exam Fees)
5.	EPSM	-	75
6.	Strategic Professional Level	60,000 (Tuition Fees)	748 (Exam Fees)
7.	Annual subscription fees	-	192 (Subscription fees for first two years)
	Total	237,500	2,230

Based on your preference for the college that you are willing to sign up for, the above figures could slightly differ, as an average has been taken to estimate the costs to be incurred. For pursuing the CA qualification from ICAN, the tentative prices are:

S.N.	Particular	Fees charged by College (In NPR)	Fees charged by ICAN (In NPR)
1.	College admission Fees	10,000	–
2.	CAP – I Registration Fee	-	30,000
3.	CAP – II Registration Fee	-	34,000
4.	CAP – III Registration Fee	-	40,000
5.	CAP – I Level	70,000 ( Tuition Fees)	3,000 (Exam Fees)
6.	CAP- II Level	100,000 (Tuition Fees)	7,000 (Exam Fees)
7.	CAP – III Level	80,000 (Tuition Fees)	8,000 (Exam Fees)
	Total	260,000	122,000