FIA

ACCA – FIA Foundations in Accountancy

Overview

The Association of Chartered Certified Accountants (ACCA) offers the Foundation in Accountancy (FIA), a respected qualification for those pursuing a career in accountancy and finance. The awards focus on financial and management accounting skills, offering flexible entry points and certifications at each level, which makes them appealing to employers. The diploma also acts as a gateway to advanced qualifications like the ACCA diploma and full ACCA qualification.

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

Online classes Fees

from R590 pm

Exams fees

from R1950 pm

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.

      From R590 pm
      inc.VAT

      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.

            From R590 pm
            inc.VAT

            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.

                            From R590 pm
                            inc.VAT

                            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:

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                            Comprehensive full online classes – Unlimited access until exam day

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                            Subject cheat sheets

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                            Exam Questions Masterclass

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                            ACCA Question & Solution Packs

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                            Guided study plans

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                            Access the full FIA syllabus

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                            Exam Revision debrief sessions

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                            Useful Formula

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                            24/7 Expert Tutor Support

                            Benefits of studying FIA

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                            Entry-level qualification providing a strong foundation in accounting

                            FIA is ideal for those starting their career in accounting, offering a solid introduction to the field. It covers key concepts like bookkeeping, financial statements, and business ethics. This foundation helps students gain confidence and competence in core accounting practices.
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                            Flexible learning with progression to ACCA qualifications

                            The FIA program allows students to study at their own pace, accommodating work and personal commitments. Upon completion, students can transition seamlessly into the ACCA qualification. This flexibility ensures learners can build their careers progressively without pressure.
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                            Enhances practical skills for bookkeeping and financial reporting

                            FIA focuses on hands-on accounting techniques essential for day-to-day tasks. These skills make graduates immediately employable in roles such as accounts assistant or junior accountant. Practical knowledge gained ensures relevance in the workplace from day one.
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                            Opens doors to junior accounting and finance roles

                            FIA graduates are well-positioned for entry-level positions in finance departments across various industries. The qualification is recognized globally, offering opportunities in both local and
                            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.