ERP FICO (Financial Accounting and Controlling) content includes configuring the organizational structure, setting up financial accounting (FI) modules like General Ledger, Accounts Payable, Accounts Receivable, and Asset Accounting, and setting up controlling (CO) modules such as Cost Center Accounting and Profitability Analysis. It also covers general and global settings, tax configuration, bank accounting, and integration with other ERP modules like Material Management (MM) and Sales and Distribution (SD). The goal is to manage internal and external financial reporting and cost control.