Preparatory Course for ACCA - Diploma in Accounting and Business
The Preparatory Course for ACCA - Diploma in Accounting and Business is awarded on the completion of the exams for Accounting in Business (FAB), Management Accounting (FMA), Financial Accounting (FFA). It is broadly equivalent to HND level/equivalent to the first year of a degree.
- 16 years old
- IELTS 5.5 or pass in English language at GCE ‘O’ level or its equivalent
Route 1: No formal academic qualifications
Students with no formal academic qualifications can register to take exams at any level within FIA. They must be 16 years old and above.
Route 2: Meeting the minimum entry requirements for the ACCA qualification
Students who have three (3) years of relevant work experience may study for the Preparatory Course for ACCA - Diploma in Accounting and Business as part of the ACCA qualification. Students who choose this route will need a minimum of three GCE ‘O’ Level and two GCE ‘A’ Levels in five separate subjects including Math and English or their equivalent.
To achieve the Diploma in Accounting and Business, you will need to register as a student in Foundations in Accountancy with ACCA and complete:
- Three exams: Accountant in Business (FAB), Management Accounting (FMA) and Financial Accounting (FFA)
A professionalism and ethics module called Foundations in Professionalism.
Note: If you have already completed this module, you don’t have to complete it again.
The FAB, FMA and FFA papers are exactly the same as exams F1, F2 and F3 of the ACCA Qualification and share identical syllabuses, study guides and assessment methods.
Upon successful completion of the Preparatory Course for ACCA – Diploma in Accounting and Business, you can progress to the ACCA qualification and continue from F4 paper onwards.
|Paper/Module||Equivalent paper for ACCA qualification|
|Accountant in Business (FAB)||F1 paper – Accountant in Business|
|Management Accounting (FMA)||F2 paper – Management Accounting|
|Financial Accounting (FFA)||F3 paper – Financial Accounting|
Part time: 6 Months
Full time: 6 Months
For June examination:
January, May (revision) annually
For December examination:
July, November (revision) annually
You will be given a mock test per paper during course of study, as well as regular homework assignments and in-class exercises.
The programme is delivered via lectures, simulations and directed independent study.
The Certificate is awarded by ACCA.
*Students should note that some FIA papers may have a lower student-teacher ratio.
Suitable for those aspiring to work or are already working in:
- Basic bookkeeping
- Trainee accountant in a commercial organisation and accounting practice
- Accounts clerk in public sector