UAECA/ACCA Diploma in Accounting and Business

Knowledge Level
Paper F1 - Accountant in Business

Providing a thorough introduction to the foundations of effective management, this paper will help you understand the contemporary business environment and its influence on the operation of accountants and organisations. It also sheds light on the accountant's role within this structure, demonstrating how they can contribute to the development of an effective and ethical organisation.

The main elements of this paper are as follows:

• Business organisation structure, governance, and management
• Key environmental influences and constraints on business and accounting
• History and role of accounting in business
• Specific functions of accounting and internal financial control
• Leading and managing individuals and teams

Recruiting and developing effective employees

Paper F2 - Management Accounting

This paper will teach you how to prepare and process basic quantitative information, with the aim of supporting management decision-making processes through a range of functions.
The main elements of this paper are as follows:

• The nature and purpose of cost and management accounting
• Cost classification, behaviour, and purpose
• Business mathematics and computer spreadsheets
• Cost accounting techniques
• Budgeting and standard costing

Short-term decision-making techniques

Paper F3 - Financial Accounting

You will learn the underlying concepts, core principles, and regulations of financial accounting and acquire technical proficiency in double-entry accounting techniques, including the preparation and interpretation of basic financial statements.
The main elements of this paper are as follows:

• Context and purpose of financial reporting
• Qualitative characteristics of financial information and fundamental bases of accounting
• Use of double-entry accounting systems
• Recording transactions and events
• Preparing a trial balance
• Preparing basic financial statements

Eligibility / Requirements

Two A-Levels and 3 GCSEs or equivalent in 5 separate subjects including Mathematics and English.
or 2 Years Expereince in Accounting.