UAECA ACCA Advanced Diploma in Accounting and Business

 Applied Skills Level

Paper F4 - Corporate and Business Law

This paper enhances your understanding of the wider legal framework and introduces specific legal issues relating to business while identifying situations where specialist legal advice must be taken.
The main elements of this paper are as follows:
Essential elements of the legal system
The law of obligations
Employment law
The formation and constitution of business organisations
Capital and the financing of companies
Management, administration and the regulation of companies
Legal implications for companies in difficulty or crisis
Governance and ethical issues relating to business

Paper F5 - Performance Management

The objective of this paper is to develop your skills in management accounting techniques. You will learn how to apply this knowledge to quantitative and qualitative data for the purposes of planning, decision-making, and evaluating performance.
The main elements of this paper are as follows:
Cost accounting techniques
Decision-making
Budgeting and forecasting
Standard costing and variance analysis
Performance measurement

Paper F6 - Taxation

Gain a more thorough understanding of the business taxation system and its impact on individuals, companies, and groups of businesses.
The main elements of this paper are as follows:
Trading profits
Capital allowances
Employment income
Property business profits
Investment income
Personal tax computations
National insurance
Corporation tax
Capital gains tax
Value-added tax
Self-assessment

Paper F7 - Financial Reporting

This module develops your understanding of accounting standards and financial reporting. You will also study the theoretical principles behind the creation of financial statements, with a particular focus on financial statement analysis and interpretation.
The main elements of this paper are as follows:
Conceptual framework
Regulatory framework
Preparation of financial statements
Business combinations
Analyzing and interpreting

Paper F8 - Audit and Assurance

This paper introduces the knowledge and competencies used by financial managers in the areas of financing, investment, and dividend policy decision-making.
The main elements of this paper are as follows:
Financial management function
Financial management environment
Working capital management
Investment appraisal
Business finance
Cost of capital
Business valuation
Risk management