Credit for prior learning 

If you have an accounting or business related degree or a professional accountancy qualification you may apply for credit against an ICAEW exam module.

Credits available for ACA

The following table shows which ACA modules have credits available based on prior qualifications (degree, AAT or other professional qualifications).

• • Accounting
  • Degree / AAT / Prof qual
• • Assurance
  • Degree / AAT / Prof qual
• • Business and Finance
  • Degree / AAT / Prof qual
• • Law
  • Degree / Prof qual
• • Management Information
  • Degree / AAT / Prof qual
• • Principles of Taxation
  • Degree / AAT / Prof qual
• • Audit and Assurance
  • Prof qual
• • Business Strategy
  • Degree / Prof qual
• • Financial Accounting
  • AAT (top-up paper) / Prof qual
• • Financial Management
  • Degree / Prof qual
• • Financial Reporting
  • Prof qual
• • Taxation
  • Prof qual

Please note that to apply for credit based on:

• A degree, you will need to
  • have achieved a minimum mark of 50% in all modules of your degree relevant to your application for credit; and
  • apply for credit within three years of completion of degree studies.
• AAT, you will need to have completed the intermediate and technician levels.
• A professional qualification, credits are normally dependent upon membership or completion of specified papers.

Search our credit for prior learning directory

If credits are available (see table above), please search our credit for prior learning directory to check whether your qualification is listed.

If your qualification is not included you may still be able to apply for credit but you will need to send module descriptors and exam papers with your application. Guidance is given in the application pack.

Apply for credits

Degree

• Apply for credit online
• Download the credit for prior learning - degree application form and guidance notes (PDF 343kb/21 pages)

AAT

• Apply for credit online
• Download the credit for prior learning - AAT application form (PDF 62kb/2 pages)

Professional qualifications

• Credit for prior learning - professional qualifications application form (PDF 112kb/4 pages)

If you are a:

• student of ACCA, CIMA, CIPFA, ICAS or ICAI (Ireland)
• member of the Institute of Chartered Accountants of Pakistan
• member of the Chinese Institute of Certified Public Accountants

you are currently exempt from payment of the credit for prior learning application fee. You will need to download the appropriate application form and send it to us with supporting documentation:

• CCAB Students (PDF 237kb/3 pages)
• Chinese Institute of Certified Public Accountants (PDF 100kb/2 pages)
• Institute of Chartered Accountants of Pakistan (PDF 100kb/2 pages)

If you are a member of the Institute of Chartered Accountants of India you may be eligible for advanced credit arrangements.