About ACCA

ACCA (the Association of Chartered Certified Accountants) is the world’s largest and fastest-growing global professional accountancy body with 162,000 members and 428,000 students in 173 countries.

ACCA offers individuals with business-relevant, first-choice qualifications in accountancy, finance and management. ACCA works to strengthen a global profession based on the application of consistent standards, which best supports international business and the desire of talented people to have successful, international careers.

ACCA qualifications are based on international accounting standards making them globally relevant. In addition, these offer local law and tax options making the qualification locally relevant too. The qualifications are developed with employers, thereby providing individuals with the skills and knowledge to be work ready.

Eligibility criteria

There are no formal entry requirements for the Foundation-level qualifications, however, proficiency in English and Mathematics are encouraged.

Students without any prior qualifications are strongly recommended to start with the Introductory Certificate in Financial and Management Accounting, then complete the Intermediate Certificate in Financial and Management Accounting and finally progress to the Diploma in Accounting and Business. Evidence suggests that students who follow the certificates in order perform better at the higher level exams than students who start their studies straight away with the Diploma in Accounting and Business.

Foundations in Accountancy - FIA

The Foundation-level-qualifications - collectively referred to as Foundations in Accountancy - includes certificates and diplomas, as well as a technician level qualification. The Foundation-level qualifications provide an excellent starting point for those who wish to pursue a career in accountancy and become a professional accountant. The qualifications are business focussed equipping individuals with the core skills of financial and management accounting. Individuals can start from various entry points, allowing students and employers the flexibility to tailor the courses to their needs.

Foundations in Accountancy - FIA (UK)

Leading Excellence in Accounting & Finance

For further details, please contact:

Accounting & FinanceTel: +973 1781 6319Fax: +973 1772 9928Email: accounting@bibf.com

Diploma in Accounting and BusinessFAB Accountant in BusinessFMA Management AccountingFFA Financial Accounting

Certified Accounting Technician (CAT) QualificationTo achieve this award, students will need to complete all seven exams listed above and also the following:

• One year’s relevant practical experience in an accounting role • Foundations in Professionalism module• Two out of three specialist exams as follows:

FTX Foundations in TaxationFFM Foundations in Financial ManagementFAU Foundations in Audit

ACCA Examination Information

• Students have up to ten years to complete their studies (from the time of initial registration)• The pass mark is 50% for all ACCA exams• A maximum of four papers can be attempted per examination cycle. There are four examination cycles per year 1 January - 31 March 1 April - 31 June 1 July - 30 September 1 August - 31 December• Students must attempt the modules in order, however, they can attempt the papers in any order, within each module• Computer Based Exams (CBEs) are available for papers F1 to F4 of the Fundamentals level. • CBEs can be given at any time during the year. • BIBF is an approved ACCA Computer Based Exam Centre.• Paper Based Exams (PBEs) are available for papers F5 to F9 of the Skills module as well as the Essentials and Options Module of the Professional level. Paper based exams are held four times a year, in March, June, September and December. The following are the exam registration deadlines:

LateEarly Standard

Mar 17 Aug 1 Feb 8 Feb

Jun 15 Feb 2 May 9 May

Sep 16 May 1 Aug 8 Aug

Dec 15 Aug 31 Oct 7 Oct

Foundations in Practical Experience Requirements (FPER)

In order to become a Certified Accounting Techincian (CAT), students must pass the exams, the Foundations in Professionalism (FiP) module and achieve the Foundations in Practical Experience Requirement (FPER). It is important for students to know the practical application of the knowledge they have gained during the course of their studies. This experience, alongside the exams and ethical awareness, will mean students are fully prepared for a career as a professional accountant.

To complete the FPER, students must:

• Obtain atleast one year (12 months) of supervised, relevant, practical experience in an accounting or finance related role • find a workplace mentor • achieve 10 competences (including 4 essentials and 6 technical competences linked with all three levels of the CAT qualification) • record their progress in the FPER Record

Our services:

BIBF offers a comprehensive study programme and student support for the Foundation-level qualifications. Tuition (classroom training of upto 60 hours) is available for all subjects of the qualification and covers review of the syllabus and practice exams.

Please refer below for fee details:

BIBF Application Fee (first time applicants only): BD 25 FIA exam preparatory course*: BD 200 per paper

*The fee is inclusive of tuition and study materials only. Initial registration, subscription and paper based exam fees are payable to ACCA (UK) separately.

Foundations in Professionalism (FiP)

As part of their ethical development, FIA students are required to complete the Foundations in Professionalism (FiP) module. This is an online interactive module, the aim of which is to help students develop an understanding of what it means to act professionally and ethically in the work they carry out.The Foundations in Professionalism module needs to be completed before or after completing the exam component of the qualification. It needs to be completed only once, even if students decide to complete one or more of the foundation-level awards. The module is mandatory for all FIA students, in order to receive certificates for the awards completed.

Introductory Certificate in Financial and Management AccountingFA1 Recording Financial TransactionsMA1* Management Information

Intermediate Certificate in Financial and Management AccountingFA2 Maintaining Financial RecordsMA2* Managing Costs and Finance

*These exams are the same as MA1 and MA2 from the intermediate and introductory certificates. When these exams are taken together, students will be awarded the Management Foundation Certificate offered in partnership with the IMA (USA).

Note: Students will need to complete the Foundations in Professionalism (FiP) module, before being awarded any of the Foundation-level qualifications