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Foundations in Accountancy (FIA) Suite


FiA - Foundations in Accountancy

Foundations in Accountancy (FIA) Suite consist of a suite of awards, including certificates, diplomas and a revised Certificate in Accounting Technician (CAT) Qualification.

It provides students with flexible entry points with certification awarded at each level, allowing students to tailor the awards, making them an attractive and relevant choice for employers. Diploma and Certified Accounting Technician (CAT) holders have direct entry to Skills level of the ACCA Professional Scheme.

Foundations in Accountancy (FIA) Suite

Students enrolling in FIA are provided with flexible entry points as follows:

    1. Preparatory Course for Association of Chartered CertifiedAccountants (ACCA) Introductory Certificate in Financial and Management Accounting
      • Recording Financial Transactions (FA1)
      • Management Information (MA1)
    2. Preparatory Course for Association of Chartered Certified Accountants (ACCA) Intermediate Certificate in Financial and Management Accounting
      • Maintaining Financial Records (FA2)
      • Maintaining Costs and Finance (MA2)
    3. Preparatory Course for Association of Chartered Certified Accountants (ACCA) Diploma in Accounting and Business
      • Accountant in Business (FAB)
      • Financial Accounting (FFA)
      • Management Accounting  (FMA)
    4. Preparatory Course for Association of Chartered Certified Accountants (ACCA) Foundations Certificate in Audit (FAU)
    5. Preparatory Course for Association of Chartered Certified Accountants (ACCA) Foundations Certificate in Taxation (FTX)
    6. Preparatory Course for Association of Chartered Certified Accountants (ACCA) Foundations Certificate in Finance Management (FFM)
    7. Preparatory Course for Association of Chartered Certified Accountants (ACCA) Certified Accounting Technician (CAT)
      • Upon completion of a, b, c and two from d, e, f
      • 1 year working experience

    For details about the FiA Suite, click Foundations in Accountancy (FiA) Suite

    Differences: FIA vs CAT

    Foundations in Accountancy (FIA) Suite is NOT a new qualification instead it is a whole new suit of qualifications all set to replace Certified Accounting Technician (CAT). This whole suit is subdivided into certificates and a diploma. FIA as a suit, will earn a student more than one certificate until they reach to end. It will replace existing CAT qualification but it does not mean ACCA body has completely abandoned CAT; students will still earn CAT qualification at the end of FIA if they complete certain papers. In simple terms, if a student is already doing the same CAT qualification with updated syllabus for every subject almost with an added facility that they will earn recognition i.e. certificate or diploma on completing every 2 or 3 papers.However, the implementation of this new suit came with few important changes around it and how this suit is connected with ACCA as compared to CAT qualification.

    FIA Entry Levels

    fia-2012

Foundations in Accountancy (FiA) Suite

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