Foundations in Accountancy (FIA) focuses on the core skills of Financial Accounting and Management Accounting and the role of the accountant in business at higher levels. FIA provides a greater access to the ACCA qualification and aims to satisfy the needs of employers by allowing individuals to choose from a flexible range of qualifications which will help them to develop the relevant technical knowledge and practical skills required to perform as an accounting technician.

Foundations in Accountancy (FIA) prepares persons for entry-level professional positions in Accounts, Auditing, Taxation, Finance and other business related employment opportunities.
Graduates can work in roles such as:

  • Forensic Accountant
  • Government Accountant
  • Financial Accountant
  • Internal auditor
  • Corporate financing
  • Tax compliance
  • Banking

Additional Programme Information


Either of the following:
Standard Matriculation
A minimum of three (3) CSEC or GCE O’level including English A.
Students with relevant qualifications from a recognized institution may be eligible to claim exemption from papers within FIA

Examinations are held in June and December. A maximum of four papers can be taken at each sitting. Students who are registered with ACCA will be sent Examination entry forms twice per year. These should be completed and returned to the Institute of Chartered Accountants before the deadline. Examination entries can also be done online. The programme comprises the following courses: Year 1 Recording Financial Transactions (FA1) Management Information (MA1) Maintaining Financial Records (FA2) Managing Costs and Finances (MA2) Year 2 Financial Accounting (FFA) Management Accounting (FMA) Accountant in Business (FAB) – Semester 1 Foundations in Financial Management (FFM) Foundations in Audit (FAU) – Semester 2 NOTE: The exams FAB, FMA and FFA within Foundations in Accountancy are exactly the same as exams F1, F2, and F3 of the ACCA qualification.

Application forms may be collected from the College’s Admissions Office or downloaded from our website.
Additional information about the programme including information on the tuition structure for the programme can be obtained from our Admissions office : (876) 630-1772

Students may start the programme in September or January of the academic year.

The programme is currently delivered full-time, part-time (evenings) or weekends depending on demand.

Students must have: Completed all credits in the programme Completed all courses in the programme

Main Campus

Box 233 Waterford P.O.
St. Catherine
Tel.: 630-1770 ext.538-40

Old Harbour Campus

41 East Street Old Harbour P.O.
St. Catherine
Tel.: 745-4702 ext.3226