The revamped ICAEW syllabus is designed to offer a clear, step-by-step path. This makes it easier for students to progress while mastering the essentials of business, finance, and accounting. Find the essential details below:
Next Generation ACA qualification overview.
New ICAEW syllabus Certificate Level exam mapping
| Current ACA Module | Evolved ACA module equivalent | Notes |
|---|---|---|
| Accounting | Accounting Fundamentals (ACF) | Increased accessibility such as a broken-down Long Form Question |
| Assurance | Assurance and Risk Fundamentals (ARF) | No significant changes |
| Law | Business Law (BLW) | No significant changes |
| Principles of Tax | Tax Fundamentals (TXF) | Inclusion of IHT and Stamp taxes |
| Management Information | Business Insight and Performance (BIP) | Inclusion of economics from BTF |
| Business Technology and Finance | No equivalent | Relevant content has been relocated to other exams |
| No equivalent | Sustainability and Ethics (SAE) |
The new Certificate Level exams will remain as computer-based assessments available on demand.
New ICAEW syllabus Professional Level exam mapping
| Current ACA Module | Evolved ACA module equivalent | Notes |
|---|---|---|
| Financial Management | Corporate Financial Strategy (CFS) | No significant change to content |
| Business Strategy and Technology | Business and Digital Strategy (BDS) | No significant change to content |
| Tax Compliance | Tax Compliance and Planning (TCP) | Some basic Planning brought in from BPT |
| Financial Accounting and Reporting | Assurance, Risk and Reporting (ARR) | Single entity accounting only |
| Audit and Assurance | Corporate Reporting, Data and Assurance (CRDA) | Consolidated accounts, use of Data Analytics (Inflo) |
| Business Planning Tax/Insurance/Banking | No equivalent | Removed and included in Specialised Learning and Development |
| No equivalent | Fundamental Case Study (FCS) | Aim is to be a transition exam from Certificate to Professional Level |
The new Professional Level exams will remain as sessional-based exams in March, June, September and December.
New ICAEW syllabus Advanced level exam mapping
| Current ACA Module | Evolved ACA module equivalent | Notes | |
|---|---|---|---|
| Corporate Reporting | Technical Case Study (TCS) |
|
|
| Strategic Business Management | None | As above | |
| Case Study | Strategic Case Study (SCS) | As above |
The new Advanced Level exams will remain as sessional-based exams available in July and November.
And finally…
We understand upcoming changes to the ICAEW syllabus can be daunting. Our team at First Intuition are here to help advise and guide you through any questions you may have.
- If you are an apprentice, we will be working with you and your employer to ensure your route through the qualification is carefully managed.
- If you are not an apprentice and would like some advice on what to study and when, do get in touch with your local centre and we will be happy to help.