ACCA FIA

Foundation in Accountancy

Foundation in Accountancy

ACCA’s Foundations in Accountancy or FIA offers foundation level-qualifications comprising of two certificates, a diploma and a technician-level qualification, which can be achieved along the way to transferring onto the ACCA Qualification. These are:

  • Introductory Certificate in Financial and Management Accounting
  • Intermediate Certificate in Financial and Management Accounting
  • Diploma in Accounting and Business
  • Certified Accounting Technician (Cat) Qualification

Why FIA?

  • A step towards becoming a professional accountant
  • Gives a professional qualification for working in the field of accounting
  • Flexible pace to complete the qualifications
  • Entry point to the ACCA qualification for people with non-accounting backgrounds
  • Get exemptions in the first three papers of ACCA qualification

 

ELIGIBILITY

There are no minimum entry requirements – you can start at any level. However, we strongly recommend you start at the Introductory Certificate if you have no formal qualifications, especially if it has been a while since you completed any studies. This is because students who start at the Introductory Certificate and work their way through the Foundation level-qualifications perform better in the higher level exams.

COURSE STRUCTURE

  • Introductory Certificate in Financial and Management Accounting
    • FA1 Recording Financial Transactions
    • MA1 Management Information
  • Intermediate Certificate in Financial and Management Accounting
    • FA2 Maintaining Financial Records
    • MA2 Managing Costs and Finance
  • Diploma in Accounting and Business
    • FAB Accountant in Business
    • FMA Management Accounting
    • FFA Financial Accounting
  • Certified Accounting Technician (CAT) Qualification – All the above exams plus two of the following specialist papers
    • FTX Foundations in Taxation
    • FFM Foundations in Financial Management
    • FAU Foundations in Audit

FEES

Exam level Exam entry period June 2017 exam fee
(per paper)
September 2017 exam fee
(per paper)
FA1 and MA1 Early £50 £50
Standard £53 £53
Late £210 £210
FA2 and MA2 Early £50 £50
Standard £53 £53
Late £210 £210
FAB, FMA and FFA Early £72 £72
Standard £76 £76
Late £231 £231
FTX, FAU and FFM Early £72 £72
Standard £76 £76
Late £231 £231

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