UAE Fellowship Program
- Course Level : Advanced
- Duration : 50 Hours
- Certificate : Yes
- Pre-recorded Sessions : Yes
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UAE Fellowship Program
As per the regulatory framework of the auditing profession, in accordance with the Federal Law No (12) of 2014 and it’s implementing regulation and the Ministerial Resolution No. (111-2) of 2022, the Ministry of Economy in cooperation with the ACCA and the Emirates Association for Accountants & Auditors (EAAA) had developed the UAE Fellowship Program to serve as one of several mandatory requirements for licensing auditors in the UAE. This comes as the Ministry is adopting the ‘financial reporting ecosystem’ model, implemented to further boost the role this profession in supporting the UAE vision toward a sustainable and robust economy.
To complete the UAE Fellowship Programme successfully, candidates are required to take up courses and assessments covering essential knowledge elements on Accounting and Auditing standards as well as UAE Tax and Regulation.
The UAE Fellowship Program is part of the regulatory framework for the auditing profession in the UAE, established in cooperation with ACCA and the Emirates Association for Accountants & Auditors (EAAA). This program is a mandatory requirement for licensing auditors in the UAE, aimed at enhancing the profession’s role in supporting a sustainable and robust economy.
Who is it for ?
- Fresh graduates and early-career individuals seeking to gain specialized expertise and practical skills.
- Mid-level executives aiming to enhance their qualifications and advance their careers in the UAE.
- Individuals looking to develop leadership skills, strategic thinking, and industry-specific knowledge.
- Those pursuing advanced education and research opportunities in the UAE.
ACCA courses that form part of the fellowship
Financial Reporting Standards Exam (FRS Exam):
This accounting standards course and assessment aims to give the knowledge and then gauge a candidate’s familiarity with International Financial Reporting Standards (IFRS), including all work guides issued by the International Financial Reporting Standards Foundation and the International Accounting Standards Board
Key topics include:
International Auditing Exam (IA Exam):
After presenting the learning the auditing standards assessment seeks to measure a candidate’s knowledge of International Standards on Auditing (ISA), including all work guides issued by the International Auditing and Assurance Standards Board.
Tax and Regulation Exam (TR Exam):
This new Exam presents information on the newly developed UAE tax code in relation to Corporation Tax and other taxes within the UAE. The assessment measures the candidate’s knowledge of all issued legislation related to the practice of the accounting and auditing profession, including the rules of conduct and ethics of the profession, the corporate system, the tax system, and civil and criminal liability related to the practice of the profession.
Assessment Details
- Each exam is conducted online at supervised British Council examination centers in Abu Dhabi, Dubai, and Sharjah.
- Local administration fee: 400 AED
- Re-sit fee: 260 AED
- Immediate result upon completion
Online Support
24/7 Hrs
Whatsapp Support
Course Duration
50 Hours
(16 hours each)
Mode
Face to Face & Online (Live)
Location
Business Bay
Benefits With Hayford Institute
- Flexible Learning
- Flexible EMI Payment Structure
- Mock Tests & Exams
- Hayford LMS Platform
- One-on-One Whatsapp Support
- Full access to Pre-recorded Sessions
- ACCA & Hayford Customized Study Material Provided
- Hayford Career Opportunities
- Offer Internship with ACCA Approved Employees
ACCA (the Association of Chartered Certified Accountants) is the global body for professional accountants, offering business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management.
ACCA supports its more than 300,000 members and 527,000 students in 181 countries, helping them to develop successful careers in accounting and business, with the skills required by employers. ACCA works through a network of 104 offices and centres and more than 7,571 Approved Employers worldwide, who provide high standards of employee learning and development.
More about the Qualification
ACCA (Association of Chartered Certified Accountants) is the global body for professional accountants. They aim to offer business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management.
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Frequently asked
questions
We offer three modes of training:
Online: Live interactive sessions with instructors.
Offline: Client-based or one-to-one sessions at our institute.
Pre-recorded: On-demand training videos for flexible learning.
Payments can be made via:
Bank transfer,
Online payment through a provided link (service fees may apply),
Installment plans are also available.
Yes, all training programs include soft copy study materials.
Hayford’s certificates are provided free of charge. However, for KHDA and other professional certifications, additional fees may apply.
Depending on the course, there may be a post-assessment evaluation to complete the program.
We provide mock tests and past paper revisions to help students prepare for the final exam.