ACCA: Foundations in Accountancy - FIA

Computer based exams can be sat at any time during the year, providing students with better flexibility, particularly during the initial period of a course. Results are available immediately after the test is finished. In case of failure, the exam can be repeated an unlimited number of times. 

For more information about CBE, or if you wish to apply for a CBE, please contact the Academy.

The Academy considers FIA to be a system of long-term educational process. Therefore we have designed the entire curriculum to last 18 - 24 months). Based on our experience, we propose three recommended ways to passing FIA:

• Step by Step this route assumes full completion of all 7 exams of FIA qualifications. It is mostly suitable for junior accountants without any relevant experience and education, who has been with the company for a short time.
  
• Convenience – entry into the system is at the intermediate level and course is prolonged for one training day. This level is suitable for more advanced accounting positions of university graduates without experience.
  
• Speed Route – beginning of studies is at the Diploma level, quick formal recognition of the qualification, suitable for experienced employees or as a motivation for key talents. Option to proceed to full ACCA Qualification.

The following table shows the duration of the course in days depending on the chosen study structure:

• Talent development

The FIA will help your organisation reach new talent pools in the labour market, such as school leavers and career changers, and enable you to identify the key talents within the company.

• Reputation

An internationally recognised professional qualification will send a positive signal to prospective employees, and the modular system of the FIA enables the design of a specific curriculum for different employees or job roles.

• Cost control

It is neither necessary nor efficient to have qualified professional accountants within all financial positions in the company. The FIA helps you to optimise costs and achieve better and earlier returns on training investments and to develop specific skills necessary to perform a specific function, in particular for junior positions.

• Development of essential finance skills across the organisation

Non-financial managers must have a good grounding in finance and accounting techniques in order to make effective business decisions – the FIA can provide this.

• Professionalism and ethics

Part of the FIA study is to complete the ethics module called Foundation in Professionalism, which will ensure that your staff demonstrate professional behaviour towards clients and respect a code of ethics in the workplace.