A head start on your professional qualification.
Our undergraduate degrees are mapped to leading professional bodies, graduates receive paper exemptions that accelerate the journey to ACCA, CA, CFA and CIMA designations.
ACCA paper exemptions.
BS Accounting & Finance graduates are eligible for up to 9 ACCA paper exemptions under the current Applied Knowledge & Applied Skills mapping.
| ACCA Paper | Title | Exempted for |
|---|---|---|
| BT / F1 | Business and Technology | BS A&F · B.Com Hons |
| MA / F2 | Management Accounting | BS A&F · B.Com Hons |
| FA / F3 | Financial Accounting | BS A&F · B.Com Hons |
| LW / F4 | Corporate & Business Law | BS A&F |
| PM / F5 | Performance Management | BS A&F |
| TX / F6 | Taxation (UK / Pakistan variant) | BS A&F · BS Taxation |
| FR / F7 | Financial Reporting | BS A&F |
| AA / F8 | Audit and Assurance | BS A&F |
| FM / F9 | Financial Management | BS A&F |
Exemption decisions rest with ACCA. The list above reflects our current academic mapping; final exemptions are confirmed on transcript review.
Chartered Accountancy pathway.
For students entering with CAF clearance, or progressing toward CA via the BS A&F (CAF Qualified) program.
| Entry Route | Requirement | Outcome |
|---|---|---|
| PRC Cleared | ICAP Pre-requisite Competencies | Enter BS A&F normally |
| CAF Cleared | 8 papers of Certificate in Accounting & Finance | Eligible for BS A&F (CAF Qualified), 2 to 3 year completion |
| CA Finalist | Past CAF, in or past CFAP | Continue CA, degree credit by special path |
ICAEW paper exemptions.
BS (Hons.) Accounting & Finance graduates are credited against the following ICAEW subjects.
| ICAEW Subject | University of Lahore (BS Hons. Accounting & Finance) Subject(s) |
|---|---|
| Accounting Fundamentals | Recording Financial Transactions · Maintaining Financial Records |
| Assurance Risk Fundamentals | Implementing Audit Procedures · Audit and Internal Review |
| Business and Digital Strategy | Strategic Business Management (SBM661) |
| Business Insight and Performance | Accounting for Costs · Planning, Control & Performance Management · Financial Management |
| Business Law | Business Law · Corporate Law |
| Corporate Financial Strategy | Financial Management · Business Finance Decisions |
| Tax Fundamentals | Direct Taxation · Indirect Taxation |
CIPFA-UK module exemptions.
CIPFA-UK recognises BS A&F graduates across the following modules.
| CIPFA UK Module | University of Lahore (BS Hons. Accounting & Finance) Subject(s) |
|---|---|
| Financial Accounting | Recording Financial Transactions · Maintaining Financial Records · Drafting Financial Statements |
| Management Accounting | Accounting for Cost · Planning, Control & Performance Management |
| Audit & Assurance | Implement Audit Procedures · Audit and Internal Review |
| Financial Management | Financial Management · Planning, Control & Performance Management |
| Corporate Financial Reporting | Drafting Financial Statements · Financial Reporting |
| Governance & Risk Management | Corporate Governance & Law · Strategic Business Management · Planning, Control & Performance Management |
| Business and Change Management | Enterprise Management |
CIMA-UK paper exemptions.
CIMA-UK grants exemptions across the Certificate and Operational levels as follows.
| CIMA Level | Exempted paper(s) |
|---|---|
| Cert BA | BA1 Fundamentals of Business Economics · BA2 Fundamentals of Management Accounting · BA3 Fundamentals of Financial Accounting · BA4 Fundamentals of Ethics, Corporate Governance and Business Law |
| Operational OT | E1 Managing Finance in a Digital World · F1 Financial Reporting · P1 Management Accounting |
| Operational CS | Operational Case Study Exam |
A head start in your profession.
Combine an LSAF degree with the right professional pathway and you graduate ahead of the curve.
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