Foundation Diploma
Foundation Diploma (FD) is a basic qualification of accountancy. It is administered by ACCA, UK. Foundation Diploma is for those students who have no previous accountancy qualification and want to pursue career in accountancy or higher studies in accountancy such ACCA.
Foundation Diploma serves as an entry route to ACCA. Students having Foundation Diploma are given exemptions from first three papers of ACCA and are automatically enrolled in the fourth paper of ACCA.
Eligibility Criteria
Students having following level of education eligible for admission:
- Matriculation (SCC) or O-Levels
- or Intermediate (HSSC)
- or equivalent of any of the above
Program Structure
The Foundation Diploma has optional self-check online modules for Maths and English. As compulsory part of the program, the Foundation Dimploma consists of Professionalism and Ethics online module (to be completed once) and the following seven papers.
Introductory Certificate in Financial and Management Accounting | |
---|---|
FA1 | Recording Financial Transactions |
MA1 | Management Information |
Intermediate Certificate in Financial and Management Accounting | |
FA2 | Maintaining Financial Records |
MA2 | Managing Costs and Finance |
Diploma in Accounting and Business | |
FAB | Accountant in Business |
FMA | Management Accounting |
FFA | Financial Accounting |
The program takes atleast a year to complete. Each of the above papers can be attempted as Computer-based exam in any month of the year or as paper-based exam in June and December. The pass marks are 50% for all papers.
Fee Structure
Fees for Foundation Diploma payable to ACCA, UK are as follows:
Description | Fee (2021) |
---|---|
Registration Fee (once) | £ 45 |
Annual Subscription Fee | £ 50 |
Exam fee per paper (FA1, MA1) | £ 80 |
Exam fee per paper (FA2, MA2) | £ 80 |
Exam fee per paper (FAB, FMA, FFA) | £ 100 |
Note. The above fees are payable ACCA, UK. Besides these fees, student has to pay tuition fee and registration fee to college where he or she enrolls for classes. The above fees are for year 2021. The fees keep on changing from year to year.
Exam Dates
The papers of Foundation Diploma can attempted as computer-based or as paper-based exam depending of the choice of students. The paper based exams are held in June and December. Computer-based exam is held in every month of the year.
How to study Foundation Diploma – Admission Procedure
- Foundation Diploma is administered by ACCA, UK.
- Tuition for papers of Foundation Diploma are offered by colleges in various cities of Pakistan and Bangladesh.
- Visit the nearest college offering tuition for Foundation Diploma.
- Fill in the registration form for admission in the college as well as for registration with ACCA, UK.