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INTRODUCTORY CERTIFICATE Paper FA1 Recording Financial Transactions STUDY NOTES 2014. You can sit this paper as paperbased or computerbased exam. Core areas of syllabus The aim of FA1 is to introduce knowledge and understanding of the business and its and ethical management and development of an organisation and its people and systems. FIA study materials including Study Text, Exam Kits and Pocket Notes, accountancy books for the FIA qualification. We would like to show you a description here but the site wont allow us. Passing FA1 isnt only about having the necessary knowledge and understanding, its about being able to apply that knowledge in an exam setting exactly as needed and in a timely manner. It is essential that you practise multiple exam papers to ensure that you know exactly how to apply your knowledge. 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