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ACA - Institute of Chartered Accountants in England and Wales (ICAEW)

Course Description

The ACA qualification, from the ICAEW (Institute of Chartered Accountants in England and Wales) is the newest addition to our thriving accountancy offering.

The ACA qualification from ICAEW is classed as a premium, gold standard accountancy qualification both in the UK and globally. In 2010, 84% of FTSE 100 companies had an ICAEW Chartered Accountant on the Board. Once you successfully complete the course, you are a Chartered Accountant and are able to use the letters ACA after your name.

City Campus, Newport is an ACCA Platinum Approved Learning Partner – the highest level of quality accreditation that a tuition provider can obtain, and we were also awarded the prestigious ‘Public Sector Accountancy College of the Year’ Award by PQ Magazine, a magazine for part-qualified accountants in both 2010 and 2012.

The ICAEW course at City Campus, Newport is studied part-time, to fit around your work and other commitments.

There are four essential elements of ACA training, which are all required to obtain the ACA qualification.
• Examinations – 15 including final year case study
• Technical Work Experience – 450 days, which you gain by obtaining a training contract with an appropriate employer
• IPD – Initial Professional Development
• STE – Structured Training in Ethics
The ACA examinations are sat across three levels – Certificate, Professional and Advanced. There are 15 exams – six at each of the Certificate and Professional Levels and three at the Advanced Level (excluding any accreditation for prior achievement that you may be eligible for).

Certificate Level:
• Accounting
• Assurance
• Law
• Principles of Taxation
• Business and Finance
• Management Information
Professional Level:
• Audit and Assurance
• Financial Accounting & Reporting
• Business Strategy
• Tax Compliance
• Business Planning: Taxation
• Financial Management
Advanced Level:
• Two Technical Integration papers:
- Corporate Reporting
- Strategic Business Management
• Case Study

Certificate Level: Each assessment is 1.5 hours long and each exam will be e-assessed.
Professional Level: Modules will be assessed by paper based exams. Each will be 2.5 hours long, with the exception of the Financial Accounting & Reporting paper which will be assessed by a 3 hour exam.
Advanced Level: Consists of two Technical Integration papers and a Case Study:
• Technical integration papers - 3.5 hours long
• Case Study – 4 hours long

Visit the ACA - Institute of Chartered Accountants in England and Wales (ICAEW) page on the University of South Wales web site for more details!

Entry Requirements

Various, although students should be in the final year of an employer training contract to sit the final exam•Entering with no previous qualifications is possible. The ICAEW use the Certificate Level as a ‘test hurdle’.•To gain a training contract with employers, you need at least three GCSE A* - C grades and at least two A-level passes or equivalent. Usually between 240 and 320 UCAS points • Completion of the Association of Accounting Technicians (‘AAT’) qualification gives exemption from up to 5 of the exams• The most common entry qualification remains a degree (1st or 2:1)

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Recipient: University of South Wales
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