FIA
ACCA – FIA Foundations in Accountancy
Overview
Upon completing the Diploma in Accounting and Business exams, students can seamlessly transition to the ACCA Qualification for free, with exemptions from the first three exams (BT, MA, and FA).
Average duration
12 – 18 months
Study Options
Who It’s For
Entry requirements
Students with no formal academic qualifications can register to take exams at any level within Foundations in Accountancy. Full syllabus obtained here Click here to see detailed syllabus of ACCA FIA
Qualification requirements
It is important to note that exams FAB, FMA and FFA within Foundations in Accountancy are the same as exams F1, F2 and F3 of the ACCA Qualification and share identical syllabuses, study guides and assessment methods. Students who complete F1, F2 and F3 of the ACCA Qualification and Foundations in Professionalism will also be awarded the Diploma in Accounting and Business.
The ACCA FIA course covers a range of subjects that form the core competencies required to pursue a professional qualification in this industry. It has been specifically designed to enable our students to earn multiple diplomas and certificates as they progress and complete the required examinations.
Qualification structure
Introductory Level
Diploma in Financial and Management Accounting RQF Level 2
Recording Financial Transactions (FA1)
You’ll develop knowledge and understanding of the main types of business transactions and documentation and how these are recorded in an accounting system up to the trial balance stage.
Management Information (MA1)
You’ll develop knowledge and understanding of providing basic management information in an organisation to support management in planning and decision-making.
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Intermediate Level
Diploma in Financial and Management Accounting RQF Level 3
Managing Financial Records (FA2)
You’ll develop knowledge and understanding of the underlying principles and concepts relating to Maintaining Financial Records and technical proficiency in the use of double-entry accounting techniques including the preparation of basic financial statements.
Managing Costs and Finance (MA2)
You’ll learn how to prepare, process and present basic cost information to support management in planning and decision-making in a variety of business contexts.
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Diploma Level
Diploma in Financial and Management Accounting RQF Level 4
Business and Technology (FBT)
You’ll develop knowledge and understanding of the business and its environment and the influence this has on how organisations are structured and on the role of accounting and other key business functions in contributing to the efficient, effective and ethical management and development of an organisation and its people and systems.
Management Accounting (FMA)
You’ll develop knowledge and understanding of management accounting techniques to support management in planning, controlling and monitoring performance in a variety of business contexts.
Financial Accounting (FFA)
You’ll develop knowledge and understanding of the underlying principles and concepts relating to financial accounting and technical proficiency in the use of double entry accounting techniques, including the preparation of basic financial statements for single entities and simple groups. You’ll also be introduced to basic techniques of interpretation of financial statements.
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Study Options
Online Classes
Our online learning course gives you complete control over your studies with full support from our tutors. You will learn by following a structured online course with pre-recorded online lectures covering the syllabus, and course notes that we deliver to your door.
What you get:
Comprehensive full online classes – Unlimited access until exam day
Subject cheat sheets
Exam Questions Masterclass
ACCA Question & Solution Packs
Guided study plans
Access the full FIA syllabus
Exam Revision debrief sessions
Useful Formula
24/7 Expert Tutor Support
Benefits of studying FIA
Entry-level qualification providing a strong foundation in accounting
Flexible learning with progression to ACCA qualifications
Enhances practical skills for bookkeeping and financial reporting
Opens doors to junior accounting and finance roles
international markets. It also builds a pathway for further professional growth and advanced certifications.
Need help with your FIA course?
Our course advisors are here to assist you in selecting the perfect course to match your goals and support your career path.