The CFAB training provides a solid grounding in the modern economy, the nature of business, and the role of accounting and finance. It also provides opportunities to develop skills and knowledge in research and analytical techniques. There are optional economics, banking, forensic accounting and finance modules. You can also choose to study ethics and sustainability, which are important aspects of this discipline. In this article, you’ll learn about how the CFAB training is structured and your options.
ICAEW CFAB is an internationally recognized qualification:
Having the ICAEW CFAB qualification is not just about getting a job in the finance sector. It is an internationally recognized qualification which will give your skills more credibility and boost your employability. The CFAB course covers a range of knowledge relevant to various business roles. This qualification is also flexible, so you can take the course whenever convenient.
CFAB is compulsory for all accounting students:
The CFAB is a six-module exam that is required of all accounting students. It is a computer-based exam and is offered multiple times throughout the year. The pass rate is 55%. There are four attempts per module, although students who study as part of their employment may have fewer opportunities to pass.
CFAB is made up of six modules:
The CFAB exam consists of six modules. Candidates must pass all of them to qualify. The CFAB can be taken online or at local exam centres. The exam lasts 90 minutes. The pass rate is 55%, and candidates have four attempts to pass each exam. However, those who study as part of their employment may have fewer attempts.
The CFAB is designed to provide students with an overview of finance, accounting, and business. It is the ideal stepping stone for individuals seeking a career in accounting or career change. Those who want to expand their career opportunities in finance can also take this course with a background in professional services, the public sector, and other senior roles.
CFAB study options:
There are several CFAB study options available which can help you complete your qualification. You can study online or in a live classroom, depending on your timetable. To complete the qualification, you need to complete all six modules. You can also choose to study the modules that are relevant to your job role first.