Course Overview
You can start your journey towards ACCA membership with our Foundation-level qualifications - referred to collectively as 'Foundations in Accountancy'.
Course Objectives
Students are awarded an ACCA Diploma in Financial and Management Accounting (RQF Level 2) when they have successfully completed Papers FA1 and MA1 plus completion of Foundations in Professionalism.
ACCA Diploma in Financial and Management Accounting (RQF Level 2) is suitable for those aspiring to work or already working in the following types of roles:
- basic bookkeeping,
- trainee accountant in a commercial organisation or accounting practice,
- accounts clerk in public sector.
Exams
- FA1 Recording Financial Transactions
- MA1 Management Information
Course Contents
Recording Financial Transactions (FA1)
- Types of Business Transactions and Documentation
- The process of recording business transactions within the accounting and double entry system
- The day books and the Journal
- Cash Transactions
- More on sales and receivables
- More on purchases and payables
- Trial balances and correcting errors
- Labour Costs and Remuneration Methods
Management Information (MA1)
- Nature of business organisation and accounting systems
- Management Information
- Source Documents
- Coding Systems
- Cost Classification
- Cost Units, Cost Centres, Profit Centres and Investment Centres
- Accounting for Materials Costs
- Labour Costs and Remuneration Methods
- Accounting for other expenses
- Accounting for product costs
- Spreadsheets
- Presenting information in spreadsheets
Who should attend
Book-keeper, Accounts Assistant, Accounts Clerk, Purchasing Clerk, Storekeeper and Accounts Executives
Learning Outcome
With Foundations in Accountancy (FIA) qualification, trainee will be able to support financial managers in any type of business all over the world.
Sample Certificate
