(FIA) UK
Foundations In Accountancy (FIA)

  • FIA Foundations in Accountancy is a UK based qualification awarded by the ACCA (UK). Whether you wish to start a career in finance, gain recognition for the wealth of skills and experience you have already achieved, or want accelerated progression to the ACCA Professional Scheme and a more senior position in accountancy, ACCA's Foundations in Accountancy (FIA) Scheme will help you pursue your career of choice.

  • FIA is internationally recognized and highly regarded qualification leading to a challenging and rewarding career. FIA is designed to equip you with all the necessary technical skills and knowledge required to fulfill an accounting role to technician level.

  • The FIA consists of a suite of awards, including certificates, diplomas and a revised Certified Accounting Technician (CAT) qualification.

  • The FIA qualification is extremely flexible which allow you to take control of how and where you study. It easy to adopt for those individuals who do not have a commerce background and wish to achieve a great career in accountancy.
After FIA Further Qualification:
  • For the ambitious who wish to pursue their career further, completion of the FIA Scheme exempts you from ACCA,s Knowledge Level papers FAB(F1), FMA(F2) and FFA (F3).
  • ACCA's unique partnership with Oxford Brookes University allows you to obtain a BSc (Hons0 Degree in Applied Accounting upon completion of Fundamentals Level (F1 to F9) of the ACCA Professional Scheme examination.
  • The University of Central Punjab offers a BBA (Hons) degree upon completion of Fundamentals Level (F1 to F9) of the ACCA.
  • Passing all the papers of ACCA and gaining three year's relevant practical experience will lead to ACCA membership.
  • Lifelong learning continues beyond membership through our portfolio of continuing professional development opportunities, including a bespoke MBA and range of additional diplomas and certificates.
Career Prospects:
Following fields are open for the FIA qualified persons
  • National & multinational industires including the financial institutions and bank.
  • Public practice / Business consultancy
  • Govt. and seme Govt. departments of Pakistan.
Eligibility to join FIA:
  • Preferably O-Levels, Intermediate or Matriculation, but
  • There is no age restriction to register and no formal academic qualifications required.
  • Holders of certain qualifications such as GCE (Advanced Level) may receive exemptions from some of the papers. For details, refer to www.accaglobal.com
Qualifying Period:
FIA can be completed in one year period.
Examination:
There are two examination routes
CBE: Computer Based Examination held every month
PBE: Paper Based examination held every June and December.
Examination Structure:
The FIA qualification consists of flexible awards focused on the core skills of financial accounting and management accounting; and the wider role of the accountant in business at higher levels.

Examination Rules:
  • There is no restriction to the number of exams you may attempt, allowing you to choose to sit as many or as few papers as you like at each exam session.
  • The pass marks are 50% for all papers.
  • Papers can be attempted in any order to suit your study needs, although numerical order is recommended.

 

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