This qualification is offered by ACCA, UK as part of Foundations in Accountancy qualifications. This is suitable for anyone looking to gain a solid foundation of knowledge in finance and accounting. It will provide you with all the technical skills and knowledge you need to perform as accounts-support role and work at a technician level.

• To develop knowledge and understanding of roles of accounting and other key functions in business and management of its people and systems.
• To develop knowledge and understanding of the principles and concepts relating to the use of double-entry accounting techniques including the preparation of basic financial statements.
• To develop knowledge and understanding of basic cost information to support management in planning and decision-making in a various business.
• To understand the basics of tax, audit or financial management.

This course is best suited for secondary school leavers, or those willing to work in accounts departments of the public sector or private organizations as a supporting staff, people without any background in accounting or already working in an organization at an entry level position and willing to improve their skills in basic financial and management accounting and to get certification.

No previous academic qualifications are required to join this course.

English

This course starts in January and July (third week) every year. The course can be organized for a group of participants by an organization on request.

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The course is covered in a total of 650 hours and can be completed in one, one & half or two years. The frequency of lectures depends on the scheme you choose. Daily timings for morning classes are between 8.30 am – 12.30 pm and evening classes are between, 4-6 pm, or 6-8 pm.

To achieve this qualification you will need to register as student for Foundations in Accountancy with ACCA and complete a professionalism and ethics module called Foundations in Professionalism along with the following nine papers:

(Compulsory)

• FA1: Recording Financial Transactions
• MA1: Management Information
• FA2: Maintaining Financial Records
• MA2: Managing Costs and Finances
• FAB: Accountant in Business
• FFA: Financial Accounting
• FMA: Management Accounting (Two out of following three papers)
• FTX: Foundation in Taxation
• FAU: Foundation in Audit
• FFM: Foundation in Financial Management

Participants will be evaluated at the end of the course by a two hours computer based examination consisting of multiple choice for the first seven papers and for the remaining two it is a paper-based examination. The candidate needs to achieve a minimum of 55% for the first two papers and 50% for the remaining.

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