ACCA has launched Foundations in Accountancy, a new flexible suite of entry-level awards, designed to meet the needs of both students and employers. Foundations in Accountancy was created after detailed consultation with employers, learning providers, members, students and other professional accountancy bodies and regulators.
Foundations in Accountancy provides a solid grounding in financial and management accounting, and includes a module in professionalism and ethical behaviour. The awards include: Introductory Certificate in Financial and Management Accounting, Intermediate Certificate in Financial and Management Accounting, Diploma in Accounting and Business, and Certified Accounting Technician Qualification (CAT) which includes specialist papers and work experience in audit, tax and financial management.
Arif Masud Mirza, Head of ACCA Pakistan says: "With Foundations in Accountancy, students will benefit from the flexible range of entry points, meaning they can begin at the right level for them, and then progress through the awards. And when it comes to flexibility, they can complete qualifications in their own time, selecting those which best suit their own career needs and aspirations."
Foundations in Accountancy also sees certification awarded at each level, helping students to monitor their progress, and helping employers to recruit and train to meet their own business needs. The practical content means that the knowledge students gain is directly applied to the workplace, offering immediate benefits to existing and prospective employers.
Arif Mirza continues: "Increasingly, employers need to know that they are taking on competent employees in account-support roles, often referred to as an accounting technician role. Employers can be assured that Foundations in Accountancy will train individuals to high standards, and that their training will be recognised all over the world.-PR