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Credit for prior learning

See if you are eligible for credits for prior learning / exemptions.

If you have completed an academic qualification such as a degree, Masters or diploma, or have completed a professional qualification, you may be eligible to apply for exam credit or exemptions towards your qualification.

How to apply for credit for prior learning

Before you apply for CPL, there are a few things to remember:

You can apply for credit for prior learning online. Each credit you apply for will cost £80 per application, which is non-refundable. From 01 July 2024, credit for prior learning application fees will be changing to £85 per application. 

Please note:

Please note that the Accounting exam is compulsory for all students to sit and pass. You may be eligible to apply for credit for this exam, only if you hold a relevant qualification, for example, the AAT qualification or an accounting degree, and you have also successfully passed the ACA Professional Level Financial Accounting and Reporting exam.

ICAEW CFAB student welcome guide

This welcome guide is for registered ICAEW CFAB students. It includes an overview of the qualification, details on credit for prior learning/exam exemptions, A-Z of the exams and how to make the most of ICAEW support during and after your studies.

Student support team

Please direct all enquiries to the student support team.