The Foundation-level qualifications are detailed below:
ACCA Diploma in Financial and Management Accounting (RQF Level 2)
FA1 – Recording Financial Transactions
MA1 – Management Information
ACCA Diploma in Financial and Management Accounting (RQF Level 3)
FA2 – Maintaining Financial Records
MA2 – Managing Costs and Finance
ACCA Diploma in Accounting and Business (RQF Level 4)
FBT – Business and Technology
FMA – Management Accounting
FFA – Financial Accounting
Foundation Diploma (only available in Pakistan and Bangladesh)
FA1 – Recording Financial Transactions
MA1 – Management Information
FA2 – Maintaining Financial Records
MA2 – Managing Costs and Finance
FAB – Accountant in Business
FMA – Management Accounting
FFA – Financial Accounting
Certified Accounting Technician
To achieve this award you need to complete all of the above exams and two of the following exams:
FTX – Foundations in Taxation
FFM – Foundations in Financial Management
FAU – Foundations in Audit
To gain any of the above awards, and receive a certificate you are required to complete the Foundations in Professionalism Module. This will give you exposure to a range of ethical perspectives and includes several self-tests which require you to reflect on your own ethical behaviour and values.
To help demonstrate to potential employers that you can apply your knowledge in the workplace and have practical skills, you are required to complete one year’s relevant work experience. You can gain your practical experience before, during or after you complete your exams
Exemptions can be awarded from Foundation-level exams based on qualifications held and work experience achieved (this relates to the CAT Qualification only).