Introductory in Financial & Management Accounting
The Introductory Certificate is the first step in ACCA’s Foundations in Accountancy suite of qualifications. This allows students with minimal qualifications an opportunity to be tested at an introductory level and be awarded an Introductory Certificate in Financial and Management Accounting (Papers FA1 & MA1). Learn more.
IELTS with minimum score of 6.5, or
Completed IGCSE / ‘O’ Level Certificate with minimum Grade C
The Introductory Certificate in Financial and Management Accounting is awarded on the completion of exams Recording Financial Transactions (FA1) and Management Information (MA1), and also an online ethics examination Foundations in Professionalism which can be taken directly from the ACCA website.
The exams are based on the following papers:
EXAM AIM FA1
The aim of paper FA1 Recording Financial Transactions is to develop knowledge and understanding of the main types of business transactions and documentation and how these are recorded in an accounting system up to the trial balance stage.
EXAM OVERVIEW FA1
FA1 is designed to introduce you to basic accounting systems and the types of documentation that you will encounter in the workplace. It will help you develop knowledge and understanding of the operational aspects of maintaining accounting records, procedures to learn and show you how to record these transactions in the books of prime entry, including accounting for cash, such as petty cash transactions. The syllabus also includes an introduction to the principles of double entry and understanding how a computerized and a manual accounting system work.
EXAM AIM MA1
The aim of paper MA1 Management Information is to develop knowledge and understanding of providing basic management information in an organization to support management in planning and decision-making.
EXAM OVERVIEW MA1
MA1 is designed to give you the knowledge of basic cost information required for management accounting. It will help you develop the knowledge and ability to recognize, collect and record basic cost and revenue information for planning and control, including introduction to full absorption cost and marginal cost, such as using and applying of spreadsheets in costing.
Full time student: Three months
Part time student: Three months
January, March, June and October
You will be given two sets of tests; at least one progress test and at least one mock exam for each paper. You will also receive daily class assignments and independent assignments.
Rp. 6,500,000 per paper
Total Rp 13,000,000*
*includes study material and school fees
*does not include annual fee, registration fee and examination fee
MODE OF DELIVERY
The program is delivered via lectures and directed independent study.
AWARD OF CERTIFICATE
The certificate is awarded by ACCA.
TEACHER STUDENT RATIO
The Introductory Certificate is suitable for those aspiring to work as or already working as:
- A junior accounts clerk/junior bookkeeper role in an SME
- A range of junior accounting administration roles within an accounting department of a larger organization or financial shared service center.