Preparatory Course for ACCA Diploma in Financial and Management Accounting (RQF Level 2)


The preparatory course is ideal for working adults who are new to finance or aiming to switch to finance or those who are already working in finance and seeking a formal qualification for career progression. It equips learners (students) with the business skillset on how financial information is recorded and interpreted to address business challenges and ready to sit for the modular ACCA examination to attain the ACCA Diploma in Financial and Management Accounting (RQF Level 2) qualification.

The ACCA Diploma in Financial and Management Accounting (RQF Level 2), awarded by the Association of Chartered Certified Accountants, is academic equivalent to GCE O Level, requires learners (students) to take two modular exams and to complete an online ACCA's ethics and professional skills module, to be awarded the Diploma qualification.

The course corresponding to junior accounts clerk/bookkeeper in a financial and/or cost accounting roles in any organisation - because finance is the universal language of business.

  • Modules

    1 . Recording Financial Transactions (FA1)

    The syllabus for FA1, Recording Financial Transactions, introduces the candidate to the fundamentals of preparing and recording financial documentation from originating documents and processing ledger transactions up to the trial balance stage.

    It also covers relevant banking procedures associated with bookkeeping, maintaining and reconciling cash and petty cash records and preparing the journal and relevant control accounts and identifying and correcting errors.

    2 . Management Information (MA1)

    The syllabus for MA1, Management Information, introduces candidates to basic costing principles and techniques and the tools with which to use these principles and techniques.

    The syllabus starts by introducing business organisations and the specific role of management accountant within the organisation. The next section deals with cost classification followed by the identification of sources of information and coding, to ensure that cost information is properly classified.

    The syllabus then introduces basic techniques for recording costs. It finally introduces candidates to spreadsheets as an important tool in supporting cost and management accounting.


    This module is UTAP Claimable for NTUC members.

    Please click here for more information.

Who Should Attend ?

Company-funded employees who are required to upskill to support the work functions at the workplace.

Individual who is seeking a course to upskills for a career progression or employability.

School graduates looking to become a finance professional.

Entry Requirement

Minimum Age Requirement :


Language Proficiency :

A pass grade at C6 in GCE "N" Level or its equivalent, or

Exceptions: Learners (Students), who have other qualifications, will be assessed on a case-by-case basis.

Minimum Academic Requirement :

At least 1 pass (grade 6) at Singapore / Cambridge GCE "N" Level or its equivalent.

Mode of Delivery Blended: (Face-to-face and eLearning)
Course Duration Full-time : 3 months Part-time : 3 months
Intake :


Fees payable to ASCENSUS INSTITUTE :
  1. Non refunable Application Fee : S$218 w/GST (S$200 w/o GST)
  2. Course Fee : S$1,853 w/GST (S$1,700 w/o GST)
Fees payable to ACCA
  1. Member registration fee : GBP 89
  2. Annual Fee : GBP 122 per year
  3. Examination Fee GBP 84 per Module
Graduation Requirement

Association of Chartered Certified Accountants (ACCA) awards will be conferred upon successful completion of the course that obtained a pass in all the required modules.

Teacher : Student Ratio - 1 : 40
Miscellaneous Fees

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Course Timetable

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Course Application Form

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