Foundations Programme
The Foundations Programme consists of a number of self-study plans, a one-day assessed workshop and an open book exam. Foundations replaced the Professional Competence Examination 1 (PCE 1) in 2010.
The goal of the programme is to assess a provisional member's understanding and appreciation of:
- the authority for, and the structure of, the accounting profession*
- ethical issues in business and the profession
- current issues of a non-technical nature influencing the accounting profession
Those seeking to join an NZICA college must demonstrate competency in the above areas and successfully complete the Foundations Programme which consists of:
- study plans and Ethics in Action CD-ROM (approximately 50 hours of self-study)
- a six-hour workshop (including assessments worth 25% of total marks)
- an open book written examination (two-and-a-half-hours long and worth 75% of total marks)
*Including the legislation (Act) establishing NZICA, NZICA Rules, governance and management, and the structure of the accounting profession in New Zealand and internationally.
Further Information
For further information on the Foundations programme, please refer to the 2012 New Zealand Foundations Handbook (PDF, 302 KB) or the Foundations Programme FAQs.
2012 Dates
In 2012 Foundations will be offered in May and September in various locations around New Zealand. A minimum of 20 confirmed enrolments is required for the programme to be held in any specific location.
| Foundations NZ |
Date
|
Times
|
| May |
Online Enrolments Open |
9 Jan, 2012 |
Workshop |
1 May |
9am - 4pm |
| Online Enrolments Close |
27 Feb, 2012 |
Examination |
2 May |
9am - 11.30am |
| September |
Online Enrolments Open |
1 Jun, 2012 |
Workshop |
27 Sep |
9am - 4pm |
| Online Enrolments Close |
23 July, 2012 |
Examination |
28 Sep |
9am - 11.30am |
In 2012 Foundations will be offered in September in London. A minimum of 20 confirmed enrolments is required for the programme to be held.
| Foundations London |
Date*
|
Times*
|
| September |
Enrolment Form Available |
1 June, 2012 |
Workshop |
26 Sept |
2pm - 9pm |
|
Enrolments Close
|
23 July, 2012 |
Examination |
27 Sept |
6.30pm - 9pm |
(*dates and times to be confirmed)
Steps to Enrol - FOUNDATIONS SEPTEMBER
|
|
Deadlines |
|
Step 1
|
Complete A, B and C before deadlines:
A) Become a provisional member
B) Submit Certificate(s) of General Practical Experience
|
Open: Now
Closes:
23 July 2012
|
|
C) Provisionally enrol online: Available from 1 June to 23 July 2012
To enrol online you will need a NZICA (Provisional) Membership Number (no need to wait for your Confirmation of Eligilibity to Enrol to be issued)
- Create (or Update) your eCampus profile
- Issue your Foundations invoice to yourself
- Check the requirements for a photo that will need to be uploaded.
Note: Late enrolments may be accepted from 24-26 July 2012. Please contact prep@nzica.com for more information. A late enrolment fee of $216 will apply.
|
Opens:
1 June 2012
Closes:
23 July 2012
|
|
Step 2
|
Do the following:
- Organise payment of your fee
- The 2012 Fee: $1030 (incl. GST)
- Upload a photo
|
26 July 2012
|
| Step 3 |
Wait while NZICA:
- Issues your Confirmation of Eligibility to Enrol
- Receipts your fee
|
|
| Step 4 |
Receive:
- An email with login instructions for the 2012 Foundations eCampus including access to the study plans and the candidate handbook
|
16 August 2012 |