UAE Fellowship Program
Background
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.
Overview
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.
ACCA courses that form part of the fellowship
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
- Focus: Knowledge of International Financial Reporting Standards (IFRS)
- Content: All guides issued by the IFRS Foundation and IASB
- Duration: 16 Hours
- Assessment: 70 questions, pass mark 60%
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.
- Focus: Knowledge of International Standards on Auditing (ISA)
- Content: All guides issued by the International Auditing and Assurance Standards Board
- Duration: 16 Hours
- Assessment: 70 questions, pass mark 60%
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.
- Focus: UAE tax code, Corporation Tax, and other UAE taxes
- Content: Legislation related to accounting and auditing, professional conduct, and ethics
- Duration: 16 Hours
- Assessment: 70 questions, pass mark 60%
Assessment Details:
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Each exam is conducted online at supervised British Council examination centers in Abu Dhabi, Dubai, and Sharjah.
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Local administration fee: 400 AED
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Re-sit fee: 260 AED
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Immediate result upon completion
What we offer
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KHDA Approved Certificate
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Course Materials
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PPTs and Flash Cards of the courses
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Continuous Mock Exams and E learning platform
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Corporate Environment and good opportunities for potential students
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Online and FACE to FACE classes sessions
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We offer training in Sharjah, Dubai, and Abu Dhabi
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Opportunities to speak in international Webinars.
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Easiest Fee structures
Hayford offers to students
Course Fee
AED 8,000
Course duration
50 Hours | 16 Hours each + 2 Hours revision & Mock
Mode
Face to face & Online
Location
Business Bay or Jumeirah Lakes Towers
Success for Passing
Our students are getting more than 85% in the examination and started to work in senior management positions, especially in international banking systems.
