Question bank for ACCA FIA FA1, FA2, MA1, MA2 2026 Exams

What is FIA?FIA (Foundations in Accountancy) is a foundational accounting knowledge program developed by the Association of Chartered Certified Accountants (ACCA) since 2011. FIA is based on an improved version of the CAT (The Certified Accounting Technician) program. Upon completion of the course, you will gain fundamental accounting knowledge and have the opportunity to obtain qualifications and certificates awarded by ACCA .In particular, FIA is considered the perfect stepping stone for those who wish to pursue the ACCA qualification later on.Overview of the FIA ​​ProgramThe FIA ​​program consists of 7 subjects:Recording Financial Transactions (FA1): Recording financial transactionsManagement Information (MA1): Information for managementUpon completing this level, you will receive the Diploma in Financial and Management Accounting RQF (Level 2), which is a basic certificate in Financial and Management Accounting.Maintaining Financial Records (FA2): Maintaining accounting recordsManaging Costs and Finance (MA2): Cost Management & FinanceUpon completing this level, you will receive the Diploma in Accounting and Business RQF (Level 4).Business and Technology (FBT): Business and TechnologyManagement Accounting (FMA): Management AccountingFinancial Accounting (FFA): Financial AccountingThis level is equivalent to the Applied Knowledge level of the ACCA qualification. If you pass the three FBT, FMA, and FFA exams, you can immediately move on to studying the Applied Skills level subjects of the ACCA qualification.To obtain FIA certifications, you must complete the Foundations in Professionalism module, which covers the standards of professional conduct and ethics for a professional accountant, auditor, or finance professional. You can complete this module online before or af