Sideways in a FWD is never as much fun as it is in a RWD, but the pricables are basicly the same.
In most driving school textbooks they will tell you turn into the skid, the idea is you simply spin right round and stop, hopefully with out hitting anything. No really the best option IMO.
If you want to correct it, then you need to countersteer, often this is enough if you get it right, and in most on road situations with some practice will get out of most light skids. However like all driving techniques it does require practice, so go find an empty parking lot, or a dry paddock your allowed to use, or ultimatly a driving school with a skid pan, and start practicing.
Using the acclerator adds to what you can do, but also makes things a little more complex, to much or to little can make the skid worse, or send you spinning off in the other direction. Agian its about practice.
However if your getting into a lot of situations where the back is sliding out then you either need to lay off the hand brake or look at your tyres or suspension set up, or prehaps your driving style. I drive one of the most tail happy FWD Honda's made, and it still requires a good deal of provocation to get it hanging out,