What is Foundations in Professionalism (FIP)??

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Foundation in Accountancy (FIA) is a group of qualifications. Each qualification has a number of exams (FA1, MA1, FA2, MA2, FFA, FMA, FBT).


They also need to complete the Foundations in Professionalism (FIP) module to be awarded any of the qualifications below: ACCA Diploma in Financial and Management Accounting (RQF Level 2) ACCA Diploma in Financial and Management Accounting (RQF Level 3) ACCA Diploma in Accounting and Business (RQF Level 4).


This online and interactive module will give them an understanding of what it means to act professionally and ethically in relation to finance.


With effect from June 2023, FIP is comprised of the following THREE learning units:

  • Ethics and professionalism
  • Personal effectiveness
  • Communication and interpersonal skills

Within the learning units there are a series of quizzes and activities for you to complete, designed to support you in reflecting on what you have learnt. Your learning will subsequently be tested in an end of module assessment.


The end of module final assessment has a pass mark of 50%. The assessment is comprised of objective test questions drawn from the knowledge and skills included in the three learning units.


If you don’t pass first time, you can try again the final assessment until you are successful. The FIP module need be taken only once with no charges.


Access the Foundations in Professionalism module through MyAcca.

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