Syllabus Overview

  • Business and Technology
  • Management Accounting
  • Financial Accounting

General Details

Duration: 22 Sessions Total hours: 44 Hrs

The Foundation in Accountancy (FIA) program allows School students to begin their ACCA journey while still in school.

 

You can start your journey towards ACCA membership with the Foundation level qualifications – referred to collectively as ‘Foundations in Accountancy’.

 

By completing FIA, you will have completed the first of three levels of the ACCA.

 

According to studies, students who join in ACCA at the foundation level have a good foundation in accountancy and Economics, which aids them in passing the ACCA exam on the first attempt and also helping them to achieve high grades in school.

 

Students who begin ACCA through FIA early in school have the possibility to become fully qualified Chartered Accountants (ACCA) at a young age, perhaps even before graduating.

A candidate can join FIA without meeting any minimal qualifications, and after completing the FBT, FMA, and FFA, they will be transferred to ACCA and will be exempted from the knowledge level (3 papers).

Step 1 – Register with ACCA as a student.
Step 2 – Create your account with Bradford Learning using the Register tab in Main Menu of our website.
Step 2 – Pay the tuition fees through our website.
Step 3 – Receive username and password to access the ACCA e-study material.
Step 4 – Receive invitation to join online live interactive class as per schedule.
Step 5-Receive invitation to our virtual classroom

 Foundation in Accountancy | MCQ, 2hr, 50 questions

 

FBT, Business and Technology
FMA, Management Accounting
FFA, Financial Accounting

 

  1. Study Guide
WEEK TOPIC HOURS/DAY
1. A.      The business organisation, its stakeholders, and the external environment

1.       The purpose and types of business organisation

2.       Stakeholders in business organisations

3.       Political and legal factors affecting business

4.       Macroeconomic factors

5.       Microeconomic factors

6.       Social and demographic factors

7.       Technological factors

8.       Environmental factors

9.       Competitive factors

 

 

B.      Business organisational structure, functions, and governance

1.       The formal and informal business organisation

2.       Business organisational structure and design

3.       Organisational culture in business

4.       Committees in business organisations

5.       Governance and social responsibility in business

 

6 HOURS

 

12th December 2022

Monday: 7.00 pm to 9.00 pm

 

13th December 2022

Tuesday: 7.00 pm to 9.00 pm

 

15th December 2022

Thursday 7.00 pm to 9.00 pm

WEEK ONE ASSESSMENT SUNDAY

18th December 2022

7.00 pm to 9.00 pm

2.  

C.      Accounting and reporting systems, compliance, control, technology and security

1.       The relationship between accounting and other business functions

2.       Accounting and finance functions within business organisations

3.       Principles of law and regulation governing accounting and auditing

4.       The sources and purpose of internal and external financial information provided by business

5.        Financial systems, procedures and related IT applications

6.        Internal controls, authorisation, security of data and compliance within business

7.       Fraud and fraudulent behaviour and their prevention in business, including money laundering

8.       The impact of Financial Technology (Fintech) on accounting systems

 

D.      Leading and managing individuals and teams

1.       Leadership, management and supervision

2.       Recruitment and selection of employees

3.       Individual and group behaviour in business organisations

4.       Team formation, development and management

5.       Motivating individuals and groups

6.       Learning and training at work

7.       Review and appraisal of individual performance

 

 

6 HOURS

 

19th December 2022

Monday: 7.00 pm to 9.00 pm

20th December 2022

Tuesday: 7.00 pm to 9.00 pm

 

22nd December 2022

Thursday 7.00 pm to 9.00 pm

WEEK TWO ASSESSMENT SATURDAY

 

24th December 2022

7.00 pm to 9.00 pm

3.  

E.       Personal effectiveness and communication in business

1.       Personal effectiveness techniques

2.       Consequences of ineffectiveness at work

3.       Competence frameworks and personal development

4.       Sources of conflicts and techniques for conflict resolution and referral

5.       Communicating in business

 

F.       Professional ethics in accounting and business

1.        Fundamental principles of ethical behaviour

2.       The role of regulatory and professional bodies in promoting ethical and professional standards in the accountancy profession

3.       Corporate codes of ethics

4.       Ethical conflicts and dilemmas

 

 

6 HOURS

 

26th December 2022

Monday: 7.00 pm to 9.00 pm

 

27th December 2022

Tuesday: 7.00 pm to 9.00 pm

 

29th December 2022

Thursday 7.00 pm to 9.00 pm

WEEK THREE ASSESSMENT SUNDAY

 

1st January 2023

7.00 pm to 9.00 pm

MOCK TEST WEDNESDAY

 

4th January 2023

7.00 PM to 9.00 pm

 

2. PER – Performance Objective

Linkage to ACCA Performance Objective

BUSINESS AND TECHNOLOGY (BT/FBT)

 

OBJECTIVE
PO1 Ethics and professionalism
PO12 Stakeholder relationship management
PO4 Governance, risk and control
PO5 Leadership and management
PO22 Data analysis and decision support

 

 

    1. Study Guide
    WEEK TOPIC HOURS/DAY
    1. A.      The context and purpose of financial reporting

    ·         The scope and purpose of financial statements for external reporting

    ·         Users’ and stakeholders’ needs

    ·         The main elements of financial reports

    ·         The regulatory framework (legislation and regulation, reasons and limitations, relevance of accounting standards)

    ·         Duties and responsibilities of those charged with governance

     

    B.      The qualitative characteristics of financial information

    ·         The qualitative characteristics of financial information

     

    6 HOURS

     

    6th February 2023

    Monday: 7.00 pm to 9.00 pm

     

    7th February 2023

    Tuesday: 7.00 pm to 9.00 pm

     

    9th February 2023

    Thursday 7.00 pm to 9.00 pm

    WEEK ONE ASSESSMENT SUNDAY

    12th February 2023

    7.00 pm to 9.00 pm

    2.  

    C.      The use of double-entry and accounting systems

    ·         Double-entry book-keeping principles including the maintenance of accounting records and sources of accounting information

    ·         Ledger accounts, books of prime entry,

    and journals

     

    D.      Recording transactions and events

    ·         Sales and purchases

    ·         Cash

    ·         Inventory

    ·         Tangible non-current assets

    ·         Depreciation

    ·         Intangible non-current assets and amortisation

    ·         Accruals and prepayments

    ·         Receivables and payables

    ·         Provisions and contingencies

    ·         Capital structure and finance costs

     

    6 HOURS

     

    13th February 2023

    Monday: 7.00 pm to 9.00 pm

     

    14th February 2023

    Tuesday: 7.00 pm to 9.00 pm

     

    16th February 2023

    Thursday 7.00 pm to 9.00 pm

    WEEK TWO ASSESSMENT SUNDAY

    19th February 2023

    7.00 pm to 9.00 pm

    3. E.       Preparing a trial balance

    ·         Subsidiaries

    ·         Associates

     

    F.       Preparing basic financial statements

    ·         Statements of financial position

    ·         Statements of profit or loss and other comprehensive income

    ·         Disclosure notes

    ·         Events after the reporting period

    ·         Statements of cash flows 6. Incomplete records

     

    6 HOURS

     

    20th February 2023

    Monday: 7.00 pm to 9.00 pm

     

    21st February 2023

    Tuesday: 7.00 pm to 9.00 pm

     

    23rd February 2023

    Thursday 7.00 pm to 9.00 pm

    WEEK THREE ASSESSMENT SUNDAY

    26th February 2023

    7.00 pm to 9.00 pm

    4. G.      Preparing simple consolidated financial statements

    ·         Subsidiaries

    ·         Associates

     

    H.      Interpretation of financial statements

    ·         Importance and purpose of analysis of financial statements

    ·         Ratios

    ·         Analysis of financial statements

     

    6 HOURS

     

    27th February 2023

    Monday: 7.00 pm to 9.00 pm

     

    28th February 2023

    Tuesday: 7.00 pm to 9.00 pm

     

    2nd March 2023

    Thursday 7.00 pm to 9.00 pm

    WEEK THREE ASSESSMENT SUNDAY

    5th March 2023

    7.00 pm to 9.00 pm

    MOCK TEST WEDNESDAY

    8th March 2023

    7.00 PM TO 9.00 PM

     

    1. PER – Performance Objective

    FINANCIAL ACCOUNTING (FA/FFA)

    The performance objectives which link to this exam are:

    OBJECTIVE
    1. Ethics and professionalism PO1 (Essential)
    2. Record and process transactions and events PO6 (Technical)
    3. Prepare external financial reports PO7 (Technical)
    4. Analyze and interpret financial reports PO8 (Technical)

 

  1. Study Guide
WEEK TOPIC HOURS/DAY
1. A.      The nature, source and purpose of management information

·         Accounting for management

·         Sources of data

·         Cost classification

·         Presenting information

 

B.      Data analysis and statistical techniques

·         Sampling methods

·         Forecasting techniques

·         Summarising and analysing data

·         Spreadsheets

6 HOURS

 

3rd April 2023

Monday: 7.00 pm to 9.00 pm

 

4th April 2023

Tuesday: 7.00 pm to 9.00 pm

 

6th April 2023

Thursday 7.00 pm to 9.00 pm

WEEK ONE ASSESSMENT SUNDAY

9th April 2023

7.00 pm to 9.00 pm

2. C.      Cost accounting techniques

·         Accounting for material, labour and overheads

·         Absorption and marginal costing

·         Cost accounting methods

·         Alternative cost accounting principles

 

D.      Budgeting

·         Nature and purpose of budgeting

·         Budget preparation

·         Flexible budgets

·         Capital budgeting and discounted cash flow

·         Budgetary control and reporting

·          Behavioural aspects of budgeting

 

6 HOURS

 

10th April 2023

Monday: 7.00 pm to 9.00 pm

 

11th April 2023

Tuesday: 7.00 pm to 9.00 pm

 

13th April 2023

Thursday 7.00 pm to 9.00 pm

WEEK TWO ASSESSMENT SUNDAY

16th April 2023

7.00 pm to 9.00 pm

3. E.       Standard costing

·         Standard costing system

·         Variance calculations and analysis

·          Reconciliation of budgeted and actual profit

F.       Performance measurement

·         Performance measurement – overview

·         Performance measurement – application

·         Cost reductions and value enhancement

·         Monitoring performance and reporting

 

6 HOURS

 

 

17th April 2023

Monday: 7.00 pm to 9.00 pm

 

18th April 2023

Tuesday: 7.00 pm to 9.00 pm

 

20th April 2023

Thursday 7.00 pm to 9.00 pm

WEEK THREE ASSESSMENT SUNDAY

23rd April 2023

7.00 pm to 9.00 pm

MOCK TEST WEDNESDAY

26th April 2023

7.00 pm 9.00 pm

 

 

  1. PER – Performance Objective

 

MANAGEMENT ACCOUNTING (MA/FMA)

The performance objectives which link to this exam are:

OBJECTIVE
1. Ethics and professionalism PO1 (Essential)
2. Evaluate management accounting systems PO12 (Technical)
3. Plan and control performance PO13 (Technical)
4. Monitor performance PO14 (Technical)

Gold-Approved  Learning Partner of ACCA, UAE

Assistance will be provided in planning a study schedule.

 

Our tutors shall send weekly assignments.

 

Past question papers will be discussed and solved.

 

We will encourage the students to appear for all the mock exams.

 

Short notes prepared by the teacher will be shared after each session.

 

Recordings of every live session will be shared with the students.

We strictly monitor the attendance of students and ensure reaching out to the absentees to motivate them to attend the classes.

 

Bradford offers complete guidance through registration with ACCA, exam registration and obtaining the certification.

 

 

ACCA approved study material & revision kit (BPP / Kaplan)

Subjects  Months  Hrs 
FOUNDATION IN ACCOUNTANCY
FAB       Business and Technology 1 Month         36
FMA      Management Accounting 1 Month         36
FFA       Financial Accounting 1 Month         36

 

Candidates who complete the FIA will be exempt from the ACCA knowledge level, allowing them to enrol straight in the ACCA skill level (2nd phase).

The student will receive a Diploma in Accounting and Business from ACCA upon successful completion of FIA.

This diploma will serve as a foundation for enrolling in the ACCA skill level (2nd phase) as well as assisting the student in future internships

 

.

Initiation Fee

Registration Fee : £79

Annual Subscription Fee (2020) : £112

 

Exam Fee

Check the full exam fees here.

 

Exam Registration:

Register as an ACCA student by visiting this page.

Foundation in Accountancy (FIA) are on-demand exams and can be taken any time throughout the year.

 

 

 

The passing marks for ACCA are 50% for all exams

Exam Result:

 

CBE (Computer Based Exam)
Instant results are provided, so if you sit an on-demand CBE you will know immediately if you have passed.

The Bradford Learning Global team works with a wide range of companies and Audit firms.

Bradford Learning assists students who pass the FIA in gaining entry into firms for internships.

 

How do I apply to be an ACCA student?
You can register online to become an ACCA student at any time of the year.
Applying online allows you to upload all your supporting documents. This means your ACCA application will be processed much quicker and you will know at which level you can start your studies shortly after submitting your application.
Ready to begin your application? Apply to become a student.
To avoid delays in the application process please include all supporting documents at time of registration.

 

What are the entry requirements for the ACCA Qualification?

The minimum entry requirements for the ACCA Qualification are:
Two A-Levels and three GCSEs (or their equivalent). These need to be in five separate subjects including English and maths.
To check if your qualifications meet our minimum entry requirements, please check the minimum entrance requirements database.

 

What are the entry requirements for Foundation-level?

There are no minimum entry requirements – you can start at any level. However, we strongly recommend you start at the ACCA Diploma in Financial and Management Accounting (RQF Level 2) if you have no formal qualifications, especially if it has been a while since you completed any studies.
This is because students who start at the ACCA Diploma in Financial and Management Accounting (RQF Level 2) and work their way through the Foundation level-qualifications perform better in the higher level exams.

 

What documents do I need to register as a student?

You will need to supply the following:
Documents supporting your educational achievements
Your educational documents must:
name your qualification(s)

 

be signed and stamped by the awarding institution/body (including logo)
include transcripts/marksheets detailing the subjects/module codes and the marks achieved

 

show date of completion for full academic award or confirmation of years successfully completed
your award certificate(s) and/or an official letter confirming completion

 

If you have changed your name after obtaining your qualification documentation please submit a copy of an official document for this change.
Proof of identity

 

We can accept the following as proof of identity
copy of birth certificate
passport
National ID Card or driving licence
Translations of your documents

 

If you are providing your documents in a language other than English, you’ll need to provide an official translation as well as a copy of the documents in their original language.

 

Official translations must be performed and stamped by a licensed translator.
How to send us your documents
You can upload copies of all your documents during the online application process.

 

Please note that in order to fully complete your application online you will be required to pay your registration fee by credit or debit card.
Ready to apply? Start your application today.

Click here for more FAQs

About the instructor

  • 100+ students

Bradford Learning Global has a group of competent ACCA instructors that are both subject matter experts and industry veterans. We work with tutors who have created both National and Global rank holders.

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