The ICAEW Qualification
The ICAEW qualification, ACA, is aimed at highly motivated individuals looking for a career in accountancy practice or business. With higher pass rates than the other major accountancy qualifications and a diverse syllabus, the ACA qualification is challenging but leads to greater potential rewards.
To start studying directly for the ACA qualification you should be a University graduate (though you do not need to have previously studied accountancy or business) and should have a training agreement with your employer (normally a firm of Chartered Accountants).
There are direct entry routes for school leavers but these normally involve first completing the AAT qualification or the ICAEW's own CFAB (Certificate in Finance Accounting and Business) qualification. You will need a minimum of 2 A-Levels or equivalent.
Students with relevant qualifications, including those who have completed some or all of the ACCA or CIMA examinations may be eligible for credits (exemptions) from some of the modules. You can check your eligibility at the ICAEW website.
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