ICAEW Certificate in Finance, Accounting and Business (CFAB)

ICAEW CFAB is the global qualification for business-minded people. Internationally recognised and respected by employers around the world, the course content makes it ideal for those interested in or working in business. You will learn skills that will be useful throughout your working life and the qualification can also be the first step onto a career as an ICAEW Chartered Accountant.
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ICAEW CFAB is a qualification that teaches essential knowledge in finance, accounting and business, and it is recognised by organisations all over the world.

It is open to everyone and it is flexible around your current schedule. The exams can be taken in any order at many exam centres around the world.

Upon completion, you will receive your ICAEW CFAB qualification certificate. It will give you an impressive-looking CV and show employers you have the job-essential skills they are looking for. It can help increase the roles you can apply for. It also provides skills that are invaluable for any start-up business.

If you have previously or are currently studying a relevant qualification you could be eligible for exam exemptions for up to five of the ICAEW CFAB exams. This means you may not have to sit all of the exams to gain the qualification.



Stand alone qualification

Can help you get a job, promotion or increase the scope of roles you can apply for


Key business skills

Learn valuable skills that are transferable to any sector or if you want to start your own business


Entry route to the ACA

Get a head start on your peers and increase your appeal to prospective employers


No formal qualifications

No academic qualifications needed to start


Flexible study options

Complete the exams in any order when it suits you


Stepping stone to BFP

Gain professional status with the ICAEW Business and Finance Professional designation and add the BFP letters to your name


At a glance


Entry requirements

No formal academic qualifications needed

Achievable in 12 months

No formal academic qualifications needed

Registration fee

+ VAT where applicable

Learning materials

per subject

Tuition fees

Prices vary according to tuition provider and chosen study option

Exam fees

per exam attempt

Study options

Self Study

How is ICAEW CFAB structured?

ICAEW CFAB consists of six modules. 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 six exams which are the first six modules of the ACA qualification cover:

  • Accounting
  • Assurance
  • Business and Finance
  • Law
  • Management Information
  • Principles of Taxation

The exams are computer based and taken at one of our approved test centres. This means that you can take your exams at any time of the year (subject to centre availability). As you pass each module, ICAEW will send you a certificate of achievement. Once you have completed all six modules, you will receive your final ICAEW CFAB qualification certificate.


What can I do next?

After completing ICAEW CFAB you have a number of options available to you. You can complete additional requirements to secure ICAEW Business and Finance Professional (BFP) status.

You can also register to study the ACA and complete the remaining nine ACA exams and additional requirements to qualify as an ICAEW Chartered Accountant.

Hear from ICAEW CFAB students