Foundations in Accountancy
ACCA’s Foundations in Accountancy is an entry-level suite of awards, including certificates, diplomas and a revised Certified Accounting Technician (CAT) Qualification. It contains the following qualifications:
- Introductory Certificate in Financial and Management Accounting
- Intermediate Certificate in Financial and Management Accounting
- Diploma in Accounting and Business
- Certified Accounting Technician qualification
Foundations in Accountancy provides flexible entry points with certification awarded at each level as well giving students the flexibility to progress onto the ACCA Qualification after completion of the Diploma in Accounting and Business.
High school graduates, mature students and working professionals with no formal academic qualification can undertake any level* within Foundations in Accountancy.
*Students will be assessed to assist in determining the most appropriate level at which they should start. Additionally, ACCA has developed optional self-check modules in English and maths to aid prospective students in gauging their general level of ability in English and maths. These self-check modules are optional to complete, free of charge and can be accessed from the ACCA website
http://studentvirtuallearn.accaglobal.com/
Introductory Certificate in Financial and Management Accounting
This certificate is suitable for anyone looking to do an introductory qualification in accounting and finance. This includes school leavers or those already working in accounts-support roles. Courses required are:
- Recording Financial Transactions
- Management Information
- Foundations in Professionalism
Intermediate Certificate in Financial and Management Accounting
This certificate is suitable for anyone looking to do an introductory qualification in accounting and finance. This includes school leavers or those already working in accounts-support roles. No previous academic qualifications are required to study for this qualification. However, you may wish to complete ACCA's Introductory Certificate in Financial and Management Accounting before attempting the Intermediate certificate. Courses required are:
- Maintaining Financial Records
- Managing Costs and Finance
- Foundations in Professionalism*
EXEMPTION: *If you have already completed this module to gain the Introductory Certificate in Financial and Management Accounting, you don't have to complete it again.
Diploma in Accounting and Business
This Diploma is suitable for anyone looking to do an introductory qualification in accounting and finance. The ability level is broadly equivalent to the first year of a degree programme. If you don't have any previous academic qualifications, we suggest you complete ACCA's Introductory Certificate and/or the Intermediate Certificate in Financial and Management Accounting before attempting the Diploma. This diploma represents the first three exams of the ACCA Qualification. Courses required are:
- Accountant in Business
- Management Accounting
- Financial Accounting
- Foundations in Professionalism*
EXEMPTION: *If you have already completed this module you don't have to complete it again.
CAT Qualification
The CAT Qualification is suitable for anyone who wants a solid foundation of knowledge in finance and accounting. It will provide you with all the technical skills and knowledge you need to perform an accounting-support role and work at a technician-level. No previous academic qualifications are required to study for this qualification. The ability level is broadly equivalent to the first year of a degree programme/HND. Courses required are:
- Recording Financial Transactions
- Management Information
- Maintaining Financial Records
- Maintaining Costs and Finance
- Accountant in Business
- Management Accounting
- Financial Accounting
- Foundations in Professionalism*
EXEMPTION: *If you have already completed this module you don't have to complete it again.
2 choice module from the selection below
- Foundations in Taxation
- Foundations in Financial Management
- Foundations in Audit
PLUS One years' relevant practical experience, in any accounting environment
NOTE: On the way to achieving the CAT Qualification, you will be awarded the Introductory Certificate in Financial and Management Accounting; the Intermediate Certificate in Financial and Management Accounting; and the Diploma in Accounting and Business once you have completed the relevant exams.