The Certificate in Finance, Accounting and Business (CFAB) is an internationally-recognised qualification developed by the Institute of Chartered Accountants in England and Wales (ICAEW).
The CFAB course covers the fundamentals of finance, accounting and business and is made up of six modules:
- Business and Finance
- Management Information
- Accounting (compulsory)
- Principles of Taxation
CFAB is made up of the same six modules of the ICAEW's main accounting qualification, the ACA.
Details about the CFAB:
- No previous academic qualifications are required to study for CFAB.
- CFAB can be gained in one year.
- The modules can be taken in any order.
- Self study, e-learning or tuition routes are available for students who want to do CFAB.
- Credits for prior learning may be available for five out of the six modules.
CFAB Assessment method
Assessment for CFAB is online for all six modules - the Accountancy module is mandatory.