FD / FIA Exam Structure Changes 2014


Terms:
CBE= Computer Based Exam
Paper= Written Paper Based Exam
MCQs= Multiple Choice Questions
OT= Objective Tests like MCQs
MTQs= Multiple Task Questions

Foundation in Accountancy (FIA):

Listed below are the change in Exams Structure of FIA.
 

Introductory Level Certificate

This level have 2 papers and are compulsory
Name: FA1 – Recording Financial Transaction
Type: CBE or Paper 
Passing Marks= 50%
Time: 2 Hours 
Structure Changes: No Change
50 MCQ’s X2 =100 Marks 
 
Name: MA1 – Management Information 
Type: CBE or Paper
Passing Marks= 50%
Time: 2 Hours
Structure Changes: No Change
50 MCQ’s X2=100 Marks
 

Intermediate Level Certificate

This level have 2 papers and are compulsory
Name: FA2 – Maintaining Financial Records
Type: CBE or Paper  
Passing Marks= 50%
Time: 2 Hours 
Structure Changes: No Change
50 MCQ’s X2=100 Marks
 
Name: MA2 – Managing Cost and Finance
Type: CBE or Paper  
Passing Marks= 50%
Time: 2 Hours 
Structure Changes: No Change
50 MCQ’s X2=100 Marks
 

Advanced Diploma Level Certificate

This level have 3 papers and are compulsory
Name: FAB – Accountant in Business
Type: CBE or Paper
Passing Marks= 50%
Time: 2 Hours
Structure Changes: 46 OT’s and 6 MTQs 

Name: FMA – Management Accounting
Type: CBE or Paper
Passing Marks= 50%
Time: 2 Hours
Structure Changes: 35 OT’s and 3 MTQs 
 
Name: FFA – Financial Accounting
Type: CBE or Paper
Passing Marks= 50%
Time: 2 Hours
Structure Changes: 35 OT’s and 2 MTQs 
 

Advanced Specialist Level Certificate

This level have 3 papers and are optional.
Name: FAU – Foundation in Audit
Type: Paper only 
Passing Marks= 50%
Time: 2 Hours
Structure Changes: No changes
10 MCQs and 9 Long Essay Question
 
Name: FTX – Foundation in Taxation
Type: Paper only 
Passing Marks= 50%
Time: 2 Hours
Structure Changes: No changes
10 MCQs and 9 Long Essay Question
 
Name: FFM – Foundation in Financial Management
Type: Paper only 
Passing Marks= 50%
Time: 2 Hours
Structure Changes: No changes
10 MCQs and 9 Long Essay Question
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