ACCA > Foundation in Accountancy


Foundations in Accountancy is a collective term used to describe ACCA's suite of Foundation level awards, including certificates and diplomas, including a revised Certified Accounting Technician (CAT) Qualification.

These flexible awards focus on the core skills of financial accounting and management accounting; and the wider role of the accountant in business at higher levels. The range of awards means employers can pick the level of qualification which most appropriately meets their business needs. For students, it provides flexible entry points with certification awarded at each level, allowing students to develop their education and skills, making them an attractive and relevant choice for employers.

Foundations in Accountancy contains the following qualifications:  

Introductory Certificate in Financial and Management Accounting - awarded on the completion of exams FA1 and MA1; and Foundations in Professionalism 

Intermediate Certificate in Financial and Management Accounting - awarded on the completion of exams FA2 and MA2; and Foundations in Professionalism

Diploma in Accounting and Business - awarded on the completion of exams FAB, FMA and FFA; and Foundations in Professionalism

Entry Requirements

Foundations in Accountancy (FIA) is the perfect starting point for a career in accounting and finance. If you're a school-leaver, have no accounting experience, or would like to start the ACCA qualification but don't have the minimum academic qualifications, this is the place to begin.

Awarding Body

Association of Chartered Certified Accountants (ACCA)

Tuition Fee

€3800 per year


18 months

Hours of Study

16 hours per week of formal classroom study. Students are also expected to study in their own time.


Assessment is through examinations set by ACCA

Course Structure

Introductory Certificate in Financial & Management Accounting

FA1 Recording Financial Transactions

MA1 Management Information

Intermediate Certificate in Financial & Management Accounting

FA2 Maintaining Financial Records

MA2 Managing Costs & Finance

Diploma in Accounting and Business

FAB Accountant in Business

FMA Management Accounting

FFA Financial Accounting

Certified Accounting Technician (CAT) Qualification

FTX Foundations in Taxation

FFM Foundations in Financial Management

FAU Foundations in Audit

After FIA

You could work in a variety of accounts-support roles including:

a junior accounts clerk/junior bookkeeper role in an small or medium-sized enterprise

a range of junior accounting administration roles within an accounting department of a larger organisation or financial shared service centre.

You can progress on to studying professional ACCA qualification.


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