Preparatory Course for CPA Program – Foundation Level
- Course Description
- Foundation Exams For Non-accounting / Non-accredited Degree Graduates
- Recommended Study Plan
- Course Fees
- Course Schedule / Student Contract & Handbook
- Membership Fee / Miscellaneous Fees
The Foundation Exams provide students with non-accounting academic backgrounds a route to the CPA Program®. Students who embark on the Foundation Exams and subsequently to the CPA Program® are on what we refer as the “Non-Accounting Pathway”.
The Non-Accounting Pathway is ideal for:
- Graduates from non-accounting related programmes who wish to forge a career in accounting and finance
- Working professionals of a non-accounting industry who wish to make a career switch into accountancy and finance
The Foundation Exams cover the core knowledge you require in order to commence the CPA Program®.
Exemptions may apply subject to the assessment from CPA Australia of your application.
Modules:
| Foundations of Accounting | This foundation level unit covers the knowledge of fundamental accounting concepts for different types of business entities, including the purpose of accounting, the users of accounting information and an introduction to recording transactional accounting data in the double entry bookkeeping system. It also covers the acquisition and disposal of assets and the production of financial statements. |
| Economics and Markets | This exam covers economics and quantitative methods. In economics, key microeconomics concepts of demand and supply, elasticity, productivity, market structures, and market failure are covered. It also covers macroeconomic concepts of income distribution and the structure of the financial economy including the calculation of key national economic measures. In quantitative methods, key tools of statistical analysis are covered, such as descriptive statistics, frequency distributions and probability, hypothesis testing, simple linear regression and correlation. |
| Fundamentals of Business Law | This exam covers your general legal knowledge relating to the business environment, a basic knowledge of the law of contracts, and an understanding of the responsibilities and risks that arise in business, with particular regard to the law relating to corporate entities. |
| Business Finance | This unit covers the understanding of business finance and treasury function including the fundamental concepts of capital, investment, funding and risk assessment and management. It also covers the analysis and management of an entity’s financial position, portfolio management, and short and long term financial management. |
| Financial Accounting and Reporting |
This exam covers an understanding of the format and function of financial statements, including analysis and interpretation of financial statements. It also includes the production of financial statements for consolidated company groups, and foreign currency translation. |
| Management Accounting | This exam covers an understanding of developments in management accounting and the tools management accountants use to cost products and services, and to develop and manage budgets. It also covers performance management and control; planning and assessment of project alternatives; and an understanding of the nature, functions, structures and operations of management. |
Upon the successful completion of the foundation exams, you will become an Associate member and are now eligible to commence the CPA Program®.
There are 2 semesters in a year – March and September.
The following is the recommended Study Plan for a Full-Time Candidate (Non-Accounting Pathway):
| Pre-Semester | Semester 1 | Semester 2 |
| Foundations of Accounting | Ethics & Governance | Global Strategy & Leadership |
| Management Accounting | ||
| Economics and Markets | Strategic Management Accounting | Financial Risk Management |
| Business Finance | ||
| Fundamentals of Business Law | Financial Reporting | Advanced Audit & Assurance |
| Financial Accounting and Reporting |
Full-time Course Fees
Promotions and Discounts
For Local Students:
10% off course fees with a minimum enrolment of 2 papers. Not applicable with other promotions.
For International Students:
10% off course fees with a minimum enrolment of 6 papers. Not applicable with other promotions.
| Foundation Exams (12 sessions/36 hours per subject) – March and September 2019 Intakes | |
| Modules | Fees |
| Economics and Markets | S$900 |
| Foundations of Accounting | S$900 |
| Fundamentals of Business Law | S$900 |
| Business Finance | S$900 |
| Financial Accounting and Reporting | S$900 |
| Management Accounting | S$900 |
Note: Above fees are applicable for the tuition fees, in Singapore dollars and are inclusive of 7% GST. A separate set of subject enrolment fees are payable to CPA Australia. Visit https://www.cpaaustralia.com.au/member-services/fees/singapore for more information.
Part-time Course Fees
Promotions and Discounts
Enjoy 10% off when you enrol for 2 or more papers. Not applicable with other promotions.
| Foundation Exams (8 sessions/24 hours per subject) – March and September 2019 intakes | |
| Modules | Fees |
| Economics and Markets | S$600 |
| Foundations of Accounting | S$600 |
| Fundamentals of Business Law | S$600 |
| Business Finance | S$600 |
| Financial Accounting and Reporting | S$600 |
| Management Accounting | S$600 |
Note: Above fees are applicable for the tuition fees, in Singapore dollars and are inclusive of 7% GST. A separate set of subject enrolment fees are payable to CPA Australia. Visit https://www.cpaaustralia.com.au/member-services/fees/singapore for more information.
Course Schedule
The revision course provided to candidates will complement the CPA Program distance education program, helping to prepare candidates for their CPA Program professional level segments.
Download the course schedule for:
Foundation Level
- March 2019 Full-Time Intake
- March 2019 Part-Time Intake
Local Students
Download the Local Student Contract (Part-Time) | Local Student Contract (Full-Time) | Student Handbook | Advisory Note
International Students
Download the International Student Contract | Advisory Note
International students who enrol for Kaplan Learning Institute (KLI) course packages will enjoy “Green Lane” processing of student pass applications. “Green Lane” means reduced processing time, waiver of security deposit, waiver of interview for PRC students and the student pass will be valid for the full duration of the course. For more for information, click to view the Student pass application process
Fee Protection Scheme (FPS)
KLI has put in place requirements which include Fee Protection Scheme (FPS) regulated by the Committee for Private Education(CPE). For more information, please visit www.cpe.gov.sg
FPS is applicable to ALL students (regardless of nationality and the type of passes, i.e. dependent’s pass, student’s pass, work permit etc). It is mandatory for all students to apply for FPS and sign a student contract when they enrol for courses with any Private Education Institution (PEI) with EduTrust Certification.
For international students wish to opt-in for medical insurance, their Insurance Premium will be $46.05(inclusive of 7% GST). CPE has mandated that students who opt out must produce their medical insurance policy for verification by the PEI. KLI will only exempt students who submit a copy of their medical insurance policy for opting out. Please download the following medical insurance guideline documents:
- Kaplan Learning Institute Benefits Schedule GHS Plan 1-$30K + GPA
- Private Education Institution Combined Claim Form
- EduTrust Group Hospitalisation and Surgical Insurance Product Summary FAQs
- EduTrust Group Personal Accident Insurance Product Summary & FAQ
- Guide to Health Insurance
Non-Tuition Fees
New international students are required to pay the following fees upon registration.
| Description | Fees# |
|---|---|
| New International Student Application Fee | S$672.00 |
| Local Transfer Student Application Fee | S$370.00 |
| – | – |
| Fee Protection Scheme (FPS) | Paid by Kaplan |
| Medical Insurance Fee (valid up to 1 year only) | $46.05 |
| Supplementary Fee | $180 (per intake) |
# Prices indicated are inclusive of GST
Students Handbook
- Download EduTrust Advisory Note.
- Click to download the Student Handbook.
Withdrawal and Refund Policy
Please click here to view our withdrawal and refund policies.
Non-Tuition fees are applicable for international students and payable to Kaplan Learning Institute
| Non-tuition Fees | |
| New International Student Application Fee | S$672.00 |
| Local Transfer Student Application Fee | $$370.00 |
| Fee Protection Scheme | Absorbed by Kaplan |
| Medical insurance Fee (valid up to a year only) | $46.05 |
* Please kindly refer to the International Student Enrolment form for more details.
For more information on other fees payable to CPA Australia, please visit https://www.cpaaustralia.com.au/member-services/fees/singapore