Foundation Level

The Foundation level is a single unit comprising of four components. it is examined by a multiple choice, three hour online exam.

At the Foundation level students are expected to demonstrate that they:

  • Understand basic principles and concepts underpinning accounting and related practices in organisations
  • Understand the role of accounting and related practices within the financial and governance context of organisations
  • Know and can execute basic recording and measurement techniques relevant to accounting, management and assurance
  • Are able to analyse financial information and interpret it for the purpose of supporting decision making