About Course
CA Foundation Course in Dubai
This CA Foundation Course in Dubai is the entry level for Chartered Accountancy Course.
Students after passing class Xth examination conducted by an examining body constituted by law in India or an examination recognized by the Central Government as equivalent thereto, can register for Foundation Course. Students can appear in the Foundation Examination after appearing in the senior secondary (10+2) examination conducted by an examining body constituted by law in India or an examination recognised by the Central Government as equivalent thereto. Students after registration to the course are required to complete a minimum of 4 months study period from the date of registration in order to be eligible to appear in the Foundation Examination, i.e., students registered on or before 1st July / 1st January will be eligible to appear in May/November examination, as the case may be.
Students who are Graduates/ Post Graduates with prescribed percentage marks or its equivalent grade in the examination conducted by any recognized University (including Open University) or Intermediate level examination passed students of The Institute of Cost Accountants of India or The Institute of Company Secretaries of India are exempted from passing Foundation Course. Such students on fulfilling the requirements can register directly to Intermediate Course.
Foundation Course comprises of four papers, out of which two are subjective and two are objective type. Negative marking for choosing wrong options is there in objective papers.
Foundation Examinations are held twice a year in the months of May and November. Examination Department issues notifications/ announcements regarding conduct of Foundation Examination on Institute’s website www.icai.org/ Newspapers. The said notification contains the proposed Examination Centres, in India and abroad. After getting registered for Foundation Course, students are also required to fill in separate application form for appearing in Foundation Examination. Foundation Course registration is valid for 3 years and can be revalidated any number of times for further 3 years period by paying revalidation fee of Rs.500/- or as decided by the Council from time to time.
Subjects covered in CA Foundation Course in Dubai
Paper-1: Principles and Practice of Accounting (100 Marks)
Paper-2: Business Law & Business Correspondence and Reporting (100 Marks)
Section A: Business Law (60 Marks)
Section B: Business Correspondence and Reporting (40 Marks)
Paper-3: Business Mathematics and Logical Reasoning & Statistics (100 Marks)
Part I: Business Mathematics and Logical Reasoning (60 Marks)
Part II: Statistics (40 Marks)
Paper-4: Business Economics & Business and Commercial Knowledge (100 Marks)
Part I: Business Economics (60 Marks)
Part II: Business and Commercial Knowledge (40 Marks)
Paper-3 and Paper-4 are objective type papers with negative marking.
The Board of Studies issues comprehensive study materials covering all four subjects.
Paper – 1 : Principles and Practice of Accounting
(One paper – Three hours – 100 Marks)
Objective: To develop an understanding of the basic concepts and principles of accounting and acquire the ability to apply the same in preparing financial statements and simple problem solving.
Contents:
Module 1 & Module 2
Module 1
Chapter 1: Theoretical Framework
Unit 1: Meaning and Scope of Accounting
Unit 2: Accounting Concepts, Principles And Conventions
Unit 3: Accounting Terminology – Glossary
Unit 4: Capital And Revenue Expenditures and Receipts
Unit 5: Contingent Assets and Contingent Liabilities
Unit 6: Accounting Policies
Unit 7: Accounting as a Measurement Discipline – Valuation Principles, Accounting Estimates
Unit 8: Accounting Standards
Unit 9: Indian Accounting Standards
Chapter 2: Accounting Process
Unit 1: Basic Accounting Procedures – Journal Entries
Unit 2: Ledgers
Unit 3: Trial Balance
Unit 4: Subsidiary Books
Unit 5: Cash Book
Unit 6: Rectification of Errors
Chapter 3: Bank Reconciliation Statement
Chapter 4: Inventories
Chapter 5: Concept and Accounting of Depreciation
Chapter 6: Accounting for Special Transactions
Unit 1: Bill of Exchange and Promissory Notes
Unit 2: Sale of Goods on Approval or Return Basis
Unit 3: Consignment
Unit 4: Average Due Date
Unit 5: Account Current
Module-2
Chapter 7: Preparation of Final Accounts of Sole Proprietors
Unit 1: Final Accounts of Non-Manufacturing Entities
Unit 2: Final Accounts of Manufacturing Entities
Chapter 8: Partnership Accounts
Unit 1: Introduction to Partnership Accounts
Unit 2: Treatment of Goodwill in Partnership Accounts
Unit 3: Admission of a New Partner
Unit 4: Retirement of a Partner
Unit 5: Death of a Partner
Chapter 9: Financial Statements of Not-for-Profit Organizations
Chapter 10: Company Accounts
Unit 1: Introduction to Company Accounts
Unit 2: Issue, Forfeiture and Re-Issue of Shares
Unit 3: Issue of Debentures
Paper – 2 : Business Laws and Business Correspondence and Reporting
(One paper – Three hours – 100 Marks)
Section A: Business Laws (60 Marks)
Objective: To develop an understanding of significant provisions of select business laws and acquire the ability to address basic application-oriented issues.
Contents
1. The Indian Contract Act, 1872
2. The Sale of Goods Act, 1930
3. The Indian Partnership Act, 1932
4. The Limited Liability Partnership Act, 2008
5. The Companies Act, 2013
Section B : Business Correspondence And Reporting (Marks 40)
Chapter 1: Communication
Chapter 2: Sentence Types, Active-Passive Voice and Direct-Indirect Speech
Chapter 3: Vocabulary
Chapter 4: Comprehension Passages
Chapter 5: Note Making
Chapter 6: Introduction to Basics of Writing
Chapter 7: Precis Writing
Chapter 8: Article Writing
Chapter 9: Report Writing
Chapter 10: Formal Letters and Official Communication
Paper –3: Business Mathematics, Logical Reasoning and Statistics
(One paper – Three hours – 100 Marks)
Objective:
To develop an understanding of the basic mathematical and statistical tools and their application in Business, Finance and Economics.
To develop logical reasoning skills and apply the same in simple problem solving.
Contents:
Part – A. Business Mathematics (40 Marks)
Part-A: Business Mathematics
Chapter 1: Ratio and Proportion, Indices, Logarithms
Chapter 2: Equations
Chapter 3: Linear Inequalities
Chapter 4: Time Value of Money
Chapter 5: Basic Concepts of Permutations and Combinations
Chapter 6: Sequence and Series – Arithmetic and Geometric Progressions
Chapter 7: Sets, Functions and Relations
Chapter 8: Basic Concepts of Differential and Integral Calculus
Part-B: Logical Reasoning
Chapter 9: Number Series, Coding and Decoding and Odd Man Out
Chapter 10: Direction Tests
Chapter 11: Seating Arrangements
Chapter 12: Blood Relations
Part-C: Statistics
Chapter 13: Statistical Description of Data
Chapter 14: Measures of Central Tendency and Dispersion
Chapter 15: Probability
Chapter 16: Theoretical Distributions
Chapter 17: Correlation and Regression
Chapter 18: Index Numbers
Paper – 4: Business Economics and Business and Commercial Knowledge
(One paper – Three hours – 100 Marks)
Part I: Business Economics (60 Marks)
Chapter 1: Nature & Scope of Business Economics
Unit I: Introduction
Unit II: Basic Problems of an Economy & Role of Price Mechanism
Chapter 2: Theory of Demand and Supply
Unit I: Law of Demand and Elasticity of Demand
Unit II: Theory of Consumer Behavior
Unit III: Supply
Chapter 3: Theory of Production and Cost
Unit I: Theory of Production
Unit II: Theory of Cost
Chapter 4: Price Determination in Different Markets
Unit I: Meaning and Types of Markets
Unit II: Determination of Prices
Unit III: Price Output Determination under Different Market Forms
Chapter 5: Business Cycles
Part – II: Business and Commercial Knowledge (40 Marks)
Chapter 1: Business and Commercial Knowledge – An Introduction
Chapter 2: Business Environment
Chapter 3: Business Organizations
Chapter 4: Government Policies for Business Growth
Chapter 5: Organizations Facilitating Business
Chapter 6: Common Business Terminologies
Passing criteria in Foundation Examination
A Foundation Course candidate shall be declared to have passed the examination if he/ she obtains at one sitting a minimum of 40% marks in each paper and a minimum of 50% marks in aggregate of all the papers, subject to the principle of negative marking.
Eligibility
Students after passing class Xth examination conducted by an examining body constituted by law in India or an examination recognized by the Central Government as equivalent thereto, can register for Foundation Course.
Students can appear in the Foundation Examination –
After appearing in the senior secondary (10+2) examination conducted by an examining body constituted by law in India or an examination recognized by the Central Government as equivalent thereto.
After completing 4 months study period from the date of registration in order to be eligible to appear in the Foundation Examination. Students registered on or before 1st January / 1st July will be eligible to appear in May/November examination every year, as the case may be.
Training Duration-total 240 hours
Paper-1: Principles and Practice of Accounting (100 Marks) – 60 hours
Paper-2: Business Law & Business Correspondence and Reporting (100 Marks) – 60 Hours
Paper-3: Business Mathematics and Logical Reasoning & Statistics (100 Marks) – 60 Hours
Paper-4: Business Economics & Business and Commercial Knowledge (100 Marks) – 60 Hours
Fee-Negotiable
Registration Procedure-
Candidates who wish to pursue Chartered Accountancy Course can register for Foundation Course after passing Class 10th examination.
ICAI has a centralized Self Service portal to manage the process of registration and submit self-attested documents. Initial registration and subsequent administrative interactions throughout the life cycle of students covering Intermediate and Final courses are done through this portal and there is no need for personal visit or submission of physical documents.
Candidate has to visit SSP Portal ICAI – The Institute of Chartered Accountants of India for the process of registration and click on the link – Application Registration Form (digialm.com)
Entry level forms [Foundation and Intermediate (Direct Entry)].
Student will need a valid email address and mobile number to complete the OTP based registration process and submit softcopies of documents.
After successful submission of forms, the documents will be verified, and registration will be confirmed by the Institute.
Students will also be provided details to order study material through the centralized distribution system portal, i.e., icai-cds.org
Registration Fee
