To qualify as an ICAEW Chartered Accountant you must complete the ACA, a highly-respected professional qualification that requires students to complete at least three years on-the-job training while passing a series of exams. You can start your training by completing ICAEW's Certificate in Finance, Accounting and Business (ICAEW CFAB), which is made up of the first six modules of the ACA, before going on to complete the rest of the qualification.
The ACA qualification is valued by businesses worldwide, with more than 5,000 employers currently training ACA students.
Completing the ACA qualification enables you to use the title ‘ICAEW Chartered Accountant’, offering a way to stand out from the crowd by providing employers with a specified, certified skillset.
The knowledge and skills provided by the ACA means that ICAEW Chartered Accountants are highly sought after professionals.
They often command higher salaries throughout their careers:
The ACA qualification is made up of four elements which provide students with a combination of finance knowledge, accountancy skills and real-world business experience.
450 days of practical work experience – offering invaluable insights into the realities of a career in chartered accountancy.
15 exam modules* – covering a broad range of topics including: financial management, law, assurance and business strategy.
Professional development – preparing you to successfully handle different situations that you’ll encounter throughout your career.
Ethics and professional scepticism – providing you with the skills to work under close scrutiny and be confident you are making the right decisions..
There are 15 modules over three levels – Certificate, Professional and Advanced. They can be taken in any order with the exception of the Case Study which has to be attempted last.
*Credit for prior learning (CPL), also known as exemptions, are available for some of the Certificate level and Professional level exam modules.
Think you can get exemptions? Ask us if you can apply for credits.
ICAEW Chartered Accountants are recognised worldwide and sit on the Boards of 78% of FTSE 100 companies. You can be one too. Let the facts speak for themselves.
Globally, their average salary plus bonus 0-2 years post qualification is £49.9k
They work for organisations of all shapes and sizes
of the world's 100 global leading brands employ ICAEW Chartered Accountants
The global average salary for ACA qualified accountant in the first two years of their career
UEC, SPM, STPM or A-Level students can start full-time studies with the ICAEW Certificate in Finance, Accounting and Business (CFAB) as a foundation.
Upon completion of CFAB, students will proceed to ACA Professional and Advanced level studies. The ACA Professional and Advanced level (except the final Case Study module) are available as full or part-time study.
For students who are in degree in any higher education institution can sit for the ICAEW examinations (except for the final Case Study module). ICAEW works with tuition providers who conduct part-time classes for undergraduates.
This can be quite beneficial for one’s employability after graduating. Employers see the student’s initiative to challenge themselves by taking a professional paper.
This is a special partnership between ICAEW Malaysia and selected Partners in Learning. In this option, ICAEW works closely with specific Higher Education Institutions to offer an accelerated route towards becoming an ICAEW Chartered Accountant alongside a university degree. Students who choose the strategic collaborations may be eligible for exemption.
As part of your training, you will undertake classes with an ICAEW-authorised training provider. These can be face-to-face or online, and will give you the benefit of an expert tutor.
Alongside this, your employer will provide you with a mentor to help you through the ACA and you will receive support from your colleagues.
ICAEW will also provide you with a range of tools and resources to help you, including:
I developed my interest in accountancy and numbers since young. My mother works in the field and she would always share her experiences, challenges and successes at work with me, and that inspired me to do what she does.
Winning the world prize was never on my mind. All I thought of was doing the best I can. I’ve always believed that when you work hard, you will be luckier.
I've always enjoyed accounting-related subjects since school. I guess choosing the ACA came naturally to me as most of my cousins also chose the accounting and finance pathway. My motivation was to pass all my exams on the first attempt. It seemed quite difficult as I had to juggle all my commitments, but my family and friends were a strong support system in various ways and I attribute my success to them. I encourage anyone who has an interest in accounting to pursue the ACA as it offers a competitive edge in today's industry.
Accounting is the language of business. Numbers convey a lot of meanings, and I think this is why I have an interest in accounting. I want to see how far I can go and I intend to continue to do my best.
I like to balance between study and personal time, and I feel the most efficient and effective way to prepare for anything is to have discipline. The ACA is prestigious qualification and the training you go through really develops you as a person.