The Foundation Level of the ACCA course is designed to provide a strong grounding in core accounting principles and practices. It comprises nine papers, divided into the Knowledge Level and Skill Level. The Knowledge Level includes Business and Technology (BT), Management Accounting (MA), and Financial Accounting (FA), all of which are objective papers. The Skill Level covers Corporate and Business Law (LW), Performance Management (PM), Taxation (TX), Financial Reporting (FR), Audit and Assurance (AA), and Financial Management (FM), with a mix of objective and subjective elements. This level equips students with essential knowledge and skills, preparing them for the Professional Level of the ACCA qualification.