Introduction

The ICAEW Certificate in Finance, Accounting and Business (ICAEW CFAB) is an internationally recognised certificate that teaches essential knowledge in business, finance and accounting.
ICAEW Certificate in Finance, Accounting and Business contains the same syllabus content as the first six modules of the world-leading chartered accountancy qualification, the ACA. You can study ICAEW Certificate in Finance, Accounting and Business as a stand-alone qualification or as a possible stepping stone to the ACA qualification.
It is suitable for those:

• • who are looking to increase their business skills, or
  • who are considering a career in business or want to start their own company, or
  • who are school leavers, college or university students and career-changers, or
  • who wish to progress into ICAEW Chartered Accountancy.

Once you have completed ICAEW CFAB, you will have gained a globally recognised qualification that shows you are equipped with the essential knowledge and skills to succeed in a career in business.
 

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Curriculum Overview

Programme Structure

The ICAEW Certificate in Finance, Accounting and Business has six modules which can be started at any time of year and can be studied on its own or gained alongside a college course, degree course or work commitments.  Each one focuses on a key aspect of finance, business or accounting, giving you practical insights and knowledge that will help you in your career.

The revision classes for ICAEW Certificate in Finance, Accounting and Business are available with contact hours for 18 hours.

Note: *in UK variant

Reference: http://www.icaew.com/en/learning-and-development/icaew-cfab

At the end of each module, you will need to sit an exam. Each module is examined by computer-based assessment. Each exam is 90 minutes and has a pass mark of 55%.

You must be registered as an ICAEW Certificate in Finance, Accounting and Business student to book an assessment exam. When you have passed all six modules, you will receive your certificate qualification from ICAEW – a world leader of the accountancy and finance profession.

Reference: http://www.icaew.com/en/learning-and-development/icaew-cfab/cfab-students/cfab-exam-modules
 

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Entry Requirements

Academic Requirements:

• 3 GCE O’ level with credit in English, Maths and/or other relevant subject(s); or
• Relevant Nitec or Higher Nitec from Institute Technical Education (ITE) or
• Students from LCCI Diploma in Accounting & Finance (Level 4) are exempted from Business & Finance & Management Information or
• AAT Diploma in Accounting or
• ACCA FIA students

Exemptions:
There are exemptions (also known as Credit for Prior Learning – CPL) available.
Visit the CPL Directory to check on your eligibility for exemptions
 

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Duration & Intake

Programme Duration

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Fees & Funding

Fees for each Revision Classes for ICAEW Certificate in Finance, Accounting and Business is offered at $650 for 18 hours each.
Waiver* Notes:

• Waiver of CFAB Membership Fee
• Waiver of CFAB Exemption Fee (if any)
• Waiver of Annual Student Fee

** The above waiver is subjected to ICAEW Singapore’s approval