FIA - Yateseducation.

What is FIA?

Foundation in Accountancy is the first step to becoming a professional accountant.

The Foundation level is the best preparation for the ACCA Qualification if you don’t have any other relevant qualifications or experience.

The foundation-level qualifications are broadly equivalent to the following:

Introductory Certificate in Financial and Management Accounting

GCSE standard or equivalent

Intermediate Certificate in Financial and Management Accounting

A-level standard or equivalent

Diploma in Accounting and Business

First year of a degree programme or HND standard or equivalent

Certified Accounting Technician (CAT) Qualification

First year of a degree programme or HND standard or equivalent

Cool Timeline

2018
May 5

Course Structure

ACCA ‘s foundation level qualifications comprise certificates and diplomas, as well as a technician level qualification.

Exams and awards include the following:

1. Introductory Certificate in Financial and Management Accounting

FA1 Recording Financial Transactions

MA1 Management Information

2. Intermediate Certificate in Financial and Management Accounting

FA2 Maintaining Financial Records

MA2 Managing Costs and Finance

3. Diploma in Accounting and Business

FAB Accountant in Business

FMA Management Accounting

FFA Financial Accounting

4. Certified Accounting Technician (CAT) Qualification (Only two of the following specialist papers)

FTX Foundations in Taxation

FFM Foundations in Financial Management

FAU Foundations in Audit

May 5

Eligibility

No entry barriers for prior qualification and experience.
May 5

Duration

- Generally, it would take less than a year to successfully clear FIA.

However, it depends on student that how quickly you want to progress through your qualification as there are no time limit.

Advantages of doing ACCA

Completed within 2 years

Flexible Examination structure

Practical approach

40% + worldwide passing rate

No entry barriers

Flexibility in Practical Experience Requirement