ACCA Foundations in Accountancy (FIA)

Foundations in Accountancy (FIA) Suite

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  • Overview

  • Overview

  • Foundations in Accountancy (FIA) Suite 

    Foundations in Accountancy (FIA) is a suite of awards that employers can use to provide employees with a grounding in accounting and finance.

    The qualifications can be used to develop recruits from secondary schools or to encourage those already working in accounts support roles to obtain formal recognition of their abilities. There are no formal entry requirements.

    FIA is a new entry-level suite of awards, which including Certificates, Diploma and a revised CAT Qualification.

    Key facts
    Duration
    CAT - 18 months | RQF Level 2 - 2 months | RQF Level 3 - 6 months | RQF Level 4 - 6 months
    Intakes
    FIA RQF Levels 2, 3 & 4 – Feb & Jul/Aug
    Assessment
    Not applicable
  • Foundations in Accountancy (FIA) Suite 

    Foundations in Accountancy (FIA) is a suite of awards that employers can use to provide employees with a grounding in accounting and finance.

    The qualifications can be used to develop recruits from secondary schools or to encourage those already working in accounts support roles to obtain formal recognition of their abilities. There are no formal entry requirements.

    FIA is a new entry-level suite of awards, which including Certificates, Diploma and a revised CAT Qualification.

    Key facts
    Duration
    CAT - 18 months | RQF Level 2 - 2 months | RQF Level 3 - 6 months | RQF Level 4 - 6 months
    Intakes
    FIA RQF Levels 2, 3 & 4 – Feb & Jul/Aug
    Assessment
    Not applicable
Curriculum

Modules

Diploma in Financial and Management Accounting

RQF Level 2

  • FA1 – Recording Financial Transactions
  • MA1 – Management Information
Diploma in Financial and Management Accounting

RQF Level 3

  • FA2 – Maintaining Financial Records
  • MA2 – Managing Costs & Finances
Diploma in Accounting and Business

RQF Level 4

  • FBT – Foundations Business and Technology
  • FMA – Management Accounting
  • FFA – Financial Accounting
Certified Accounting Technician (CAT)

7 modules above + 2 Optional modules from FTX, FFM & FAU

Optional papers (2 out of 3):

  • FTX* – Foundations in Taxation
  • FFM – Foundations in Financial Management
  • FAU – Foundations in Audit

*Singapore variant

Students are required to complete a professionalism and ethics module called Foundations in Professionalism. This is an online interactive module.

You can complete Foundations in Professionalism before or after completing the exam component of the qualification you are aiming to achieve and you only need to successfully complete the module once, even if you decide to complete one or more of the abovementioned FIA suite of awards.

  • Admission Criteria
    RQF Level 2 & 3

    Diploma in Financial and Management Accounting

    Minimum Age: 16

    Academic Level: No formal academic or accounting knowledge

    Language Proficiency:

    • IELTS 4.5 or equivalent; or
    • Pass English language at GCE N-level or its equivalent; or
    • Pass ACCA English Test; or
    • Pass Kaplan English Placement Test
    RQF Level 4

    Diploma in Accounting and Business

    Minimum Age: 16

    Academic Level: No formal academic or accounting knowledge

    Language Proficiency:

    • IELTS 5.0 or equivalent; or
    • Pass English language at GCE N-level or its equivalent; or
    • Pass ACCA English Test; or
    • Pass Kaplan English Placement Test
  • Admission Criteria
    RQF Level 2 & 3

    Diploma in Financial and Management Accounting

    Minimum Age: 16

    Academic Level: No formal academic or accounting knowledge

    Language Proficiency:

    • IELTS 4.5 or equivalent; or
    • Pass English language at GCE N-level or its equivalent; or
    • Pass ACCA English Test; or
    • Pass Kaplan English Placement Test
    RQF Level 4

    Diploma in Accounting and Business

    Minimum Age: 16

    Academic Level: No formal academic or accounting knowledge

    Language Proficiency:

    • IELTS 5.0 or equivalent; or
    • Pass English language at GCE N-level or its equivalent; or
    • Pass ACCA English Test; or
    • Pass Kaplan English Placement Test
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