The ACCA Foundation In Accountancy (ACCA FIA) is a vocational qualification designed by ACCA that will allow you to support the work of professional accountants. The final-level examinations are equivalent in standard to the first year of a university degree programme. Consequently, ACCA FIA graduates are allowed to move directly to Fundamentals Level (Skills Module).
The knowledge, skills and practical experience you have gained while studying the ACCA FIA qualification can exempt you from certain papers and count towards the practical experience requirement of the ACCA Qualification.
There are seven examinations to the ACCA FIA. Each level is designed to test the knowledge, skills and understanding needed to work in accounting support roles.
The ACCA FIA qualification could be your stepping stone to the ACCA Qualification and membership of the global body for professional accountants.
FA1 - Recording Financial Transactions
MA1 - Management Information
FA2 - Maintaining Financial Records
MA2 - Managing Costs and Finances
FBT - Foundation Business Technology
FMA - Management Accounting
FFA - Financial Accounting
FP - Financial Planning
APE - Audit Regulations and Professional Ethics
January, March, April July and September
Note: ACCA FIA is offered as a full-time programme only
Minimum Entry Requirements
English Language Requirements*
** Extra certificates from ACCA
All international students are required to sit for an English Placement Test (EPT). A minimum score of 60% must be attained in order to be accepted into the programme.
The first 7 papers are computer-based exams. The 2 College Papers are assignment and examination based. Students who attempt the computer-based exams are able to obtain their results immediately upon completion of the examinations. Paper-based exam results will be released within 5 to 6 weeks.
Parents’ Day is held once every semester. On this day, parents are able to discuss with lecturers the progress of the students. A report on attendance and grades of internal exams will be available to enhance the discussion between lecturers and parents. To date, the response has been positive, fostering good rapport between parents, students, and lecturers.
Progression to ACCA
ACCA FIA graduates attempting to pursue the ACCA qualification are granted exemption from the Knowledge Module (3 papers) and thus may progress directly to the Skills Module (6 papers).
ACCA FIA graduates will be able to support Financial Managers in any type of business, both locally and internationally.