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What is ICAEW CFAB?

The ICAEW Certificate in Finance, Accounting and Business (ICAEW CFAB) is the practical business qualification for those interested in or working in business.

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Benefits of ICAEW CFAB

  • 97% of students would recommend it to others.
  • Suitable for all – school leavers, college or university students and career-changers.
  • Gain the business-essential skills that employers look for in recruits.
  • Evidence your new skills as you progress – you get a certificate at each module.
  • Flexible study options – to fit in with your other commitments.
  • Potential entry route into chartered accountancy.
  • Opens the door to our BFP designation

What is ICAEW CFAB?

There are no set academic entry criteria, so ICAEW CFAB is open to all. So, if you are looking to increase your business skills, or are considering a career in business or want to start your own company – then ICAEW CFAB is ideal for you. This six-module qualification can be started at any time of year and can be studied on its own or alongside a college course, degree course or work commitments. So how you study and how long you take to complete ICAEW CFAB is 100% up to you.

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. However, as an ICAEW CFAB holder the journey doesn't have to stop there - you can take your professional and personal development one step further and apply for the ICAEW Business and Finance Professional (BFP) designation.

The designation will provide you with professional recognition, access to management resources and the ICAEW helplines, as well as with the right to use the BFP letters after your name, helping you to stand out.

ICAEW CFAB at a glance

Entry requirements

There are no formal academic entry requirements.

What's involved

The certificate qualification has six modules: Business Technology and Finance, Management Information, Law, Assurance, Principles of Taxation and Accounting. 

See the full overview
Duration

 12 months or less (with credit for prior learning)
Cost
  • Registration fee - £180 + VAT (or £20 one-off fee for students still at university through our ICAEW Student Scheme) 
    Please note from 01 January 2023, the registration fee will be £185 + VAT 
  • Exam - £75 per exam attempt
    The exam fee is changing from 01 July 2023 to £80
  • 2022 learning materials are £33 per subject
  • 2023 learning materials are £34 per subject
  • Tuition fee - Prices vary according to tuition provider and chosen study option
Study options

Flexible – includes online, classroom, self-study and more
Exams
  • Computer-based assessment
  • Can be done in any order and at any time of the year
  • Exams are sat at an ICAEW approved test centre or via remote invigilation
Start date

Anytime