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Awarded by ACCA U.K.


Certified Accounting Technician

Foundations in Accountancy (FiA) Suite

Foundations in Accountancy (FIA) 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.

Learning Outcome

With Foundations in Accountancy (FIA) qualification, students will be able to support financial managers in any type of business all over the world. Upon completion of the examinations you will be able to call yourself a Certified Accounting Technician and use the designation CAT after your name.

 

Foundations in Accountancy (FiA) Suite of Qualifications

Foundations in Accountancy Suite of Qualifications Duration Entry Requirements What else is involved? Suitable for

Preparatory Course for Association of Chartered Certified Accountants (ACCA) Introductory Certificate in Financial and Management Accounting

2 months (Full Time / Part Time)

Minimum 16 years old, plus

GCE 'N' level with pass in English or 9 years basic education in English medium

Language proficiency – Professional Certificate in English – Intermediate awarded by FTMSGlobal Academy or equivalent, or IELTS 5.5 any other equivalent qualification

No other academic requirement

Completion of exams FA1 and MA1; and Foundations in Professionalism (Online module)

  • junior accounts clerk/junior bookkeeper role in an SME
  • a range of junior accounting administration roles within an accounting department of a larger organisation or financial shared service centre

The Introductory Certificate in Financial and Management Accounting is broadly equivalent to GCSE level

Preparatory Course for Association of Chartered Certified Accountants (ACCA) Intermediate Certificate in Financial and Management Accounting

2 months (Full Time / Part Time)

Minimum 16 years old, plus

GCE 'N' level with pass in English or 9 years basic education in English medium

Language proficiency – Professional Certificate in English – Intermediate awarded by FTMSGlobal Academy or equivalent, or IELTS 5.5 any other equivalent qualification

No other academic requirement

Completion of exams FA2 and MA2; and Foundations in Professionalism (Online module)

  • bookkeeping or cost clerk role in an SME
  • range of accounting administration roles within an accounting department of a larger organisation or financial shared service centre

The Intermediate Certificate in Financial and Management Accounting is broadly equivalent to A level

Preparatory Course for Association of Chartered Certified Accountants (ACCA) Diploma in Accounting and Business

6 months (Full Time / Part Time)

Minimum 16 years old, plus

GCE 'N' level with pass in English or 9 years basic education in English medium

Language proficiency – Professional Certificate in English – Intermediate awarded by FTMSGlobal Academy or equivalent, or IELTS 5.5 any other equivalent qualification

Mature student entry - over 21 years old with minimum of 1 year working experience

Completion of the Intermediate Certificate in Financial and Management Accounting will be accepted as fulfilling minimum entry

Completion of exams FAB, FMA and FFA; and Foundations in Professionalism (Online module)

  • basic bookkeeping
  • trainee accountant in a commercial organisation or accounting practice
  • accounts clerk in public sector

Preparatory Course for Association of Chartered Certified Accountants (ACCA) Certified Accounting Technician (CAT)

18 months Full Time / 30 months Part Time

Minimum 16 years old, plus

GCE 'N' level with pass in English or 9 years basic education in English medium

Language proficiency – Professional Certificate in English – Intermediate awarded by FTMSGlobal Academy or equivalent, or IELTS 5.5 any other equivalent qualification

No formal academic requirement

7 + (2 from 3 options) = 9 papers + Foundations in Professionalism module and a one year Practical Experience Requirement (PER)

  • accounting technician
  • audit assistant
  • tax assistant
  • budget personnel
  • costing administrator
  • administrative assistant

Preparatory Course for Association of Chartered Certified Accountants (ACCA) Foundations Certificate in Audit

Preparatory Course for Association of Chartered Certified Accountants (ACCA) Foundations Certificate in Taxation

Preparatory Course for Association of Chartered Certified Accountants (ACCA) Foundations Certificate in Financial Management

6 months (Full Time / Part Time)

Minimum 16 years old, plus

GCE 'O' level or equivalent

Language proficiency – Professional Certificate in English – Intermediate awarded by FTMSGlobal Academy or equivalent, or IELTS 5.5 any other equivalent qualification

OR

Mature student entry - over 21 years old with minimum of 1 year working experience;

Completion of the Intermediate Certificate in Financial and Management Accounting will be accepted as fulfilling minimum entry

It is possible for individuals to complete any of the exams of these option papers as single exams, but only get certificates for the options papers

  • accounting technician
  • audit assistant
  • tax assistant
  • budget personnel
  • costing administrator
  • administrative assistant

Please note – to receive the recognition of completing each award, students must complete Foundations in Professionalism, but it only needs to be completed once.

Important notes on Entry Requirements

Foundations in Accountancy (FiA) provides various entry points for students:

It is critical to note that, exams FAB, FMA & FFA in FIA are the same as exams F1, F2 & F3 of the ACCA qualification with identical syllabus, study guides and assessment methods.

Diploma in Accounting and Business, with open access through FIA will replace the current Mature Student Entry Route (MSER) of the ACCA qualification for students who do not meet the ACCA qualification minimum entry requirements. Student intending to register under MSER may now opt for FAB, FMA & FFA Paper under FIA. Once completed students gain exemption from F1, F2 & F3 of the ACCA qualification.

Delivery Method

Lectures, tutorials and mock examinations.

Exemptions

All exemptions are granted by ACCA. For broad guidelines, please visit ACCA Singapore for more details. Students can check out what exemptions they may be eligible to claim at www.accaglobal.com/exemptions

Self-Check Modules

ACCA has developed self-check modules in Maths and English to help students decide if they are ready to start their ACCA or CAT/FIA studies. The self-check modules are optional to complete, free of charge and provide students with feedback on their levels of ability in English and Maths. The Self Check Modules are available in ACCA website - http://www.accaglobal.com

Foundations in Professionalism

Students registered for entry-level qualifications in Foundation in Accountancy (FIA) are required to complete “Foundations in Professionalism” online, interactive module. You can complete Foundations in Professionalism before or after completing the exam component of the qualification. There is no set time allocated to completing Foundations in Professionalism.

Conversion arrangements for existing students

Conversions of students from the existing CAT Qualification to Foundations in Accountancy will be awarded on a paper-for-paper basis. The conversion arrangement will ensure no student is disadvantaged in transition from the current to the revised syllabus. Students who have completed the current CAT exams by June 2011 will be automatically transferred to Foundations in Accountancy and awarded converted exemptions or passes for all papers they have previously been given exemptions from or passed.

Intakes (Course Start and End Date)

(Full Time)

January of current year - June of following year
July of current year - December of following year

(Part Time)

January of current year - June of 3rd year
July of current year - December of 3rd year

Graduation Requirements

There are four qualifications in total:

  • Introductory and Intermediate Certificates in Financial and Management Accounting
  • Diploma in Accounting and Business
  • Certified Accounting Technician (including two specialist options)
  • Foundations in Professionalism must be completed once for any of the above four qualifications

Progression onto ACCA Qualification

Students who successfully complete the Diploma in Accounting and Business via Foundations in Accountancy can either

  • Transfer to the ACCA qualification and commence the studies from F4 onwards of the ACCA qualification or,
  • Continue to study for the CAT qualification. However, please note students who continue with CAT qualification either need to go back and complete FA1, MA1, FA2 & MA2 or Claim exemption from this exam on the basis of practical experience

Awards

By ACCA U.K.

Modules

Introductory
(2 hrs multiple choice questions per paper)

  • FA1 – Recording Financial Transactions
  • MA1 – Management Information

Intermediate
(2 hrs multiple choice questions per paper)

  • FA2 – Maintaining Financial Records
  • MA2 – Maintaining Costs and Finance

Diploma
(3 hrs written examination per paper - modules and exams identical to ACCA F1, F2 & F3)

  • FAB – Accountant in Business
  • FFA – Financial Accounting
  • FMA – Management Accounting

Options :
Choose any two...

  • FAU – Foundations in Audit
  • FTX – Foundations in Taxation
  • FFM – Foundations in Financial Management

Modules Synopses

FA1 Recording Financial Transactions

To analyse, evaluate and conclude on the assurance engagement and other audit and assurance issues in the context of best practice and current developments.


MA1 Management Information

To develop the ability to use a computer system safely and effectively and to understand the need for data and information to be kept confidential and secure. To develop knowledge and an understanding of how organisations provide basic management information for decision-making, planning and control.


FA2 Maintaining Financial Records

To develop knowledge and understanding of the techniques used to maintain accounting records and prepare final accounts of unincorporated entities.


MA2 Maintaining Costs and Finance

To develop knowledge and understanding of how organisations record, analyse and report current and future costs and revenue data for use within the organisation.


FAB Accountant in Business

To develop knowledge and understanding of the role of a manager in an effective, efficient, safe and secure accounting environment. This includes the coordination of work activities, the maintenance of an effective accounting system, people management, personal effectiveness, health and safety and security issues within the workplace.


FFA Financial Accounting

To understand and apply the techniques used to prepare year-end financial statements of partnerships and limited companies which comply with legislation and accounting standards, and to interpret financial statements and the relationships between their elements using ratio analysis.


FMA Management Accounting

To develop knowledge and understanding of the application of management accounting techniques to support the management processes of planning, decision-making, control and performance measurement.


FAU Foundations in Audit

To develop knowledge and understanding of the audit process from the planning stage through to the reporting stage and the techniques used in the conduct of internal and external audits.


FTX Foundations in Taxation

To develop knowledge and understanding of Singapore tax law and practice; ability to prepare computations of tax liability for individuals, businesses (sole-proprietorships and partnerships) and companies resident in Singapore for income tax purposes; To develop knowledge and understanding of the principles relating to the application of goods and services tax (GST); and knowledge and understanding of the manner in which dealings should be conducted with the Inland Revenue Authority of Singapore (IRAS).


FFM Foundations in Financial Management

To develop knowledge and understanding of the way organisations finance their operations, plan and control cash flows, optimise their use of working capital and allocate resources to capital expenditure projects.

Course Fee*

S/N Title FT or PT List Fee
1 Preparatory Course for Association of Chartered Certified Accountants (ACCA) Diploma in Accounting and Business Full Time SGD 2,400.00

*Fee is inclusive of prevailing GST & subject to exchange rate fluctuations
FTMSGlobal reserves the right to amend published course fees without notice.

Foundations in Accountancy (FiA) Suite