Examination Syllabus

Technician Level

The Financial Accounting Technician has an important role to play, either as support staff to the professional (where they undertake sub professional work in the field of financial management) or by taking the role of accountant in a smaller organisation, where an outsourced professional accountant provides the service of supervision and monitoring. The IFA offers this technician grade qualification to individuals who, for whatever reason, are unable to continue or do not wish to continue with their studies. A Financial Accounting Technician may use the designatory letters AFT, and the title Incorporated Financial Accounting Technician.

T1 Financial Accounting Fundamentals
T2 Management Accounting Fundamentals
T3 Personal and Business Taxation
T4 Law for Accountants

Associate Level

This is the first level of professional membership offered to individuals who have not yet completed the full examination structure or do not possess the relevant professional work experience. An Associate of the Institute of Financial Accountants has the level of competency considered necessary to complete the final accounts of a business. They will have the ability to interpret accounts, which will assist in day to day management decisions. An Associate Member may use the designatory letters AFA.

A1 Financial Accounting
A2 Management Accounting
A3 Financial Management
A4 Audit Techniques
A5 Information Systems
A6 Management and Marketing


Fellow Level

This is the final level of the IFA qualification and demonstrates competence in all aspects of financial management plus the strategic management skills. Fellows will have completed the full examination structure and have a minimum of three years experience in a senior accountancy capacity. A Fellow Member may use the designatory letters FFA.


F1 Accounting Theory and Practice
F2 Management Accounting Control Systems
F3 Financial Reporting Regulatory Framework
F4 orporate Strategy

RECOGNISED COURSE BY IFA

  1. Hong Kong Management Association (HKMA)
  2. -Professional Diploma in Accountancy (PDA)
  3. Hong Kong Institute of Continuing Higher Education (HKICHE)
  4. -Professional Diploma in Accounting and Finance (PDAF)
  5. Institute of Professional Education and Knowledge (PEAK), VTC
  6. - Professional Diploma in Accounting & Finance (PDAF)
  7. Informatics College (Macau)
  8. - Advanced Diploma in Accounting
  9. Caritas Bianchi College of Careers inHong Kong
  10. - Associate Degree in Accounting and Management
    - Associate Degree in Accounting and Computing
  11. HKIAAT Graduates

** Graduates of the above diplomas are eligible to apply for Associate Member (AFA)


BA HONOURS DEGREE IN ACCOUNTANCY

A degree partnership with the University of Bolton will provide IFA members and students with a route to a BA Honours in accountancy. Even if you are a qualified accountant with years of experience, the idea of a BA Honours in Accountancy can still seem appealing. An additional few letters after your name certainly will not do your credibility any harm; it might increase your chances of promotion and better pay, and enable you to join some prestigious professional bodies.

When completed, this would give them a BA Honours Degree in Accountancy plus eligibility to apply to become a Fellow member of the Institute of Financial Accountants.

WHO SHOULD YOU CONTACT?

Centre for Educational Development
Address: 3/F., 210 Java Road, North Point, Hong Kong
Email: cedinfo@ced.com.hk
Website: www.ced.com.hk
Tel: (852) 2770 3022 Fax: (852) 2770 3230