ICAEW Level 7 Qualification: Associate Chartered Accountant
Become a certified Chartered Accountant with this ICAEW Associate Chartered Accountant qualification (ICAEW ACA). Our ICAEW qualified tutors will support you through the process of getting qualified, from decide which study route is best for you, to getting you ready for your exams.
Study from£710 (inc VAT)
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Dedicated support from ICAEW qualified tutors
100% online, classroom and residential options
ICAEW approved provider
Globally recognised qualifications
Over 50 years delivering accounting qualifications
Above average pass rate
What to expect
If you’re looking to advance in your accounting career with a comprehensive accounting qualification that covers everything you need to know to land your dream accounting job, then enrol on this ICAEW Diploma in Finance, Accounting and Business today.
Learning pathways
We offer all three of the ACA Learning pathways (Certificate, Professional or Advanced) and will work with you to choose the pathway that’s right for you.
Once you’ve enrolled, our ICAEW qualified tutors will be on hand to support you throughout your qualification, whether you have questions about the course resources or anything else you need to know about your qualification.
Once you’ve completed the qualification, you’ll be able to use the title ICAEW Chartered Accounting on your CV and when you’re applying for jobs, allowing you to showcase your status as a fully qualified Chartered Accountant. ICAEW Chartered Accountants earn an average of £108,000 a year.
When you learn with Reed Business School you’ll get access to:
Dedicated, experienced tutors who are subject specialist and will support you throughout your studies
A variety of delivery options including classroom learning at our conveniently located training centres and residential study programs at our iconic 11th-century manor.
An ICAEW Approved Learning Partner with over fifty years’ experience in delivering world-class accounting qualifications
24/7 access to online material. Perfect for when you’re revising or simply want to go over what you’ve learnt
Access to additional study materials including revision cards, a question bank and mock exams which you can access online
Our unique teaching formula, which has helped thousands of students succeed on their course and beyond
Our no-pass free re-sit guarantee (subject to eligibility)
We’ve helped thousands of students take the next step in their careers.
Ready to join them? Apply for this qualification now.
Not sure if this ICAEW qualification is right for you?
Get in touch with a learning advisor now. They’ll run through the options with you and help you make the best decision for your career.
Chose your study method
We offer a range of study methods to suit your lifestyle and budget. All our study options include 24-hour access to our Virtual Learning Environment (VLE) where you can study in your own time between classes.
Residential
Make Reed Business School your home away from home, while you study for your ACCA qualification. Delivered over two 2-day sessions at our iconic Manor, you’ll get to know other students, relax in our first-class accommodation and enjoy delicious homemade meals. Accommodation and meals are not included in the price.
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Face-to-face
If you like the idea of learning in person, where you bounce around ideas with other learners, then our face-to-face classes are for you. Classes take place every few months at one of our many UK venues.
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Virtual classroom
A combination of both online learning and live workshops, both from the comfort of your own chosen location, be it at home or the office. All learning and testing materials are supplied to via an award-winning Virtual learning Environment, followed by regular live workshops led by a fully qualified tutor to re-enforce your learning. Each weekly* workshop will last for around 3 hours
(*frequency will depend on your chosen course level.)
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Payment options
You also have the option to pay for your course in full.
If your employer is paying for your course, then we can invoice them directly, so you don’t have to worry about trying to organise the payment yourself. You focus on your studies and we’ll take care of the rest.
What you'll study
Your programme of study will depend on which route you choose to take. If you’re not sure which route is right for you, contact a learning advisor, who will be happy to talk you through your options.
Certificate Level
There are six modules at the Certificate Level that introduce students to the fundamentals of accountancy, finance and business. Modules Bookkeeping A two-day basic introductory course will be held in January and August. Students who have not attended a bookkeeping course, either in-house, at Reed or elsewhere, will need to attend these days as part of their Certificate Level Accounting course
Accounting
Assurance
Business, Technology and Finance
Law
Management Information
Principles of Taxation
Professional Level
This level comprises six exams which build on the fundamentals and test students’ understanding and ability to use technical knowledge in real-life scenarios.
Modules
Professional Level: Financial Accounting and Reporting (UK GAAP)
Professional Level: Audit and Assurance
Professional Level: Tax Compliance
Professional Level: Financial Management
Professional Level: Business Planning: Taxation
Professional Level: Business Strategy and Technology
Advanced Level
The Advanced Level consists of 3 papers which are available to sit twice a year in July and November as computer based written exams. The Corporate Reporting and Strategic Business Management exams test students’ understanding and strategic decision-making at a senior level. They present real-life scenarios, with increased complexity and implications from the Professional Level exams. The Case Study tests all the knowledge, skills and experience gained so far. It presents a complex business issue which challenges students’ ability to problem solve, identify the ethical implications and provide an effective solution.
Modules
Advanced Level: Corporate Reporting
Advanced Level: Strategic Business Management
Advanced Level: Case study
Entry requirements
Entry requirements depend on the which route you take. For more information, speak to a learning advisor.
We're with you every step of the way
Support from our dedicated team
Our team will be on hand throughout your journey to answer questions, signpost additional support and provide guidance on your study route. Our experienced tutors will also be there to support you through your learning.
Access to our ICAEW learning resources
When you enrol on this course, you’ll get access to our comprehensive ICAEW resources to help you through your course and beyond. Available for the duration of your ICAEW programme, it includes course recordings and course notes, revision question bank and revision cards, online access to practice mocks, as well as group chats. Perfect for when you want to revisit something you’ve just learnt, or revise for your assessments.
Get your questions answered
If you have a question about the programme, ICAEW the qualification or anything else to do with your course, our training support team are here to help.
You can call the support team whenever you need to, for as long as you’re on the programme.
Achieving your qualification
In-course Assessments
Professional Level
Each module will be taught in two separate tuition blocks followed by a revision course. There will be a course exam at the end of the tuition phase, two progress tests set in between the two tuition blocks and prior to the revision phase and a revision mock exam on the revision course for each module. Students have the opportunity to hand in questions to be marked during the revision course by the course tutor and/or real time professional markers. Formal reports will be sent to employers following the completion and revision courses.
Advanced Level
The revision element includes QBD’s (Question Based Days) where questions are set during the day and marked by tutors in order to give immediate feedback. This has proven to be invaluable to students and an excellent preparation for the real exams that follow.
Exams
The Certificate Level exams take 1.5 hours to complete and have a 55% pass mark
These modules will be examined via computer-based exams (e-assessments, 1.5 hours each). These exams can be taken at Reed Business School or at a local Pearson VUE centre.
The Professional Level exams will be set nationally and held at ICAEW appointed exam centres four times a year in March, June, September and December. Each Professional Level exam is assessed by a 2.5 hour exam, except for Financial Accounting and Reporting, which is 3 hours. All exams are taken as computer-based exams using bespoke software developed by ICAEW.
For the Advanced Level. CR and SBM are 3.5 hours each, whilst the case study is 4 hours. All exams are taken as computer-based exams using bespoke software developed by ICAEW. There are two sittings a year in July and November. The three papers can be sat together or separately. The Case Study must be the last exam attempted, and when a student has entered their final year of training.
Students will be permitted a maximum of four attempts at each exam at Certificate and Professional Level.
Credits for Prior Learning
Students who have successfully completed the AAT Level 4 in Diploma in Accounting will be eligible to apply for exam credits. To learn more about how to apply, speak to one of our learning advisors.
If you gained your Accounting qualification through exam exemption / credit for prior learning (CPL), then you will need to re-sit that exam (as an ICAEW CFAB student) in order to gain the ICAEW CFAB certificate as Accounting is compulsory for all
Your pathway to becoming ICAEW qualified
You can complete this ICAEW qualification at your own pace, as each module is assessed separately with an exam at the end of each module.
Each course is scheduled with a modular approach. Overall, the full qualification typically takes 3 years.
Apply now
Ready to take your business and finance skills to the next level?
Get in touch today to enrol on this course.
Not sure which study option is right for you?
Our specialist advisors are here to help. They’ll talk you through the different qualifications and delivery styles, and help you choose the best options for your career.
Get in touch today to speak to an advisor.
Useful links
If you're currently a student or considering ICAEW with us, you'll find find all essential resources here, from course outlines to application forms.
If you have any questions or need further assistance, please don't hesitate to contact our support team. We're here to help ensure your success every step of the way. Remember to return your forms to rbs.reed@reedbusinessschool.co.uk.
Not sure which option is right for you?
Speak to one of our specialist learning advisers who will talk you through your options.
