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ICAS accredited degrees and qualifications

Accredited qualifications and universities degrees

To apply for an ICAS CA exam exemption with a qualification or degree that is accredited by ICAS, please access the Exemption Portal and complete the relevant application.

Exemption criteria for the accredited degree programmes and other qualifications can be found below. Please note this information relates to students graduating in 2023/2024. Students who will graduate after this should consult their programme outline and if there have been changes to the module titles and codes consult their institution.

If your qualification or degree is not in this list, then it is not accredited by ICAS, however you may still be eligible to apply for exemptions.

University of Aberdeen

The following ICAS-accredited degrees, with the appropriate module choices, attract up to a maximum of six exemptions from the Test of Competence (TC) stage:

  • MA Accountancy
  • MA Accountancy Single Honours
  • MA Accountancy Joint Honours
  • MA Accountancy with minor components

The exemptions for the subjects outlined below are available on successful completion of the related modules, having passed each module.

Subject

Required Modules

Assurance & Reporting

  • AC1011 Accounting & Accountability
  • LS2533 Business Law

Either

  • AC3557 Auditing

Or

  • AC3560 Audit Practice and
  • AC4035 Audit Theory and Evolution

Management Information & Technology

  • AC1011 Accounting & Accountability
  • AC2031 Management Accounting 2
  • AC3054 Management Accounting 3
  • PO2507/ PO2508 Understanding Statistics

Finance

  • EC1505/ EC2506 The Global Economy
  • FI004 Finance, Risk & Investment
  • FI2002 /FI 2003/FI 2004 Business Finance
  • FI2501 Financial Markets and Regulation

And one of:

  • FI3004 Corporate Finance
  • FI3503 International Financial Management
  • FI3505 Advanced Corporate Finance

Financial Accounting

  • AC1011 Accounting & Accountability
  • AC1515 Accounting & Entrepreneurship
  • AC2530 Financial Accounting 2
  • AC3049 Financial Accounting 3

Business Acumen

  • MS1509 The Context of Business/MS1009 Managing Organizations
  • EC1006 Economics of Business and Society
  • LS2533 Business Law
  • AC1515 Accounting & Entrepreneurship
  • AC3054 Management Accounting 3

Principles of Taxation

  • AC3561 Taxation

For further information, please visit the University of Aberdeen website.

Abertay University

The following ICAS-accredited degrees, with the appropriate module choices, attract up to a maximum of six exemptions from the Test of Competence (TC) stage:

  • BA(Hons) Accounting and Finance
  • BA(Hons) Accounting and Finance with Business Analytics
  • BA(Hons) Accounting and Finance with People Management
  • BA(Hons) Accounting and Finance with Law

The exemptions for the subjects outlined below are available on successful completion of the related modules, having passed each module.

Subject

Required Modules

Assurance & Reporting

  • ANF403 Advanced International Financial Accounting
  • ANF407 Auditing

Management Information & Technology

  • ANF203 Management Accounting
  • ANF304 Advanced Management Accounting
  • BMT214 Business Analytics

Business Acumen

  • BMT108 Business Economics
  • LAW256 Business Law (Accountants)
  • BMT322 Entrepreneurship and Business Start-up

Finance

  • ANF203 Management Accounting
  • ANF301 Corporate Finance
  • ANF405 International Financial Management
  • BMT108 Business Economics

Financial Accounting

  • ANF101 Introduction to Accounting
  • ANF201 Financial Accounting
  • ANF205 Financial and Management Accounting
  • ANF303 International Financial Accounting

Principles of Tax

  • ANF206 Introduction to Tax
  • ANF302 Taxation

For further information, please visit the Abertay University website.

University of Birmingham

The following ICAS-accredited degrees, with the appropriate module choices, attract up to a maximum of six exemptions from the Test of Competence (TC) stage:

  • BSc Accounting and Finance (Birmingham campus)
  • BSc Accounting and Finance (Dubai campus)

The exemptions for the subjects outlined below are available on successful completion of the related modules, having passed each module.

Subject

Required Modules

Assurance & Reporting

  • 07 33169/07 31813 Audit

Management Information & Technology

  • 07 34272 Business Analytics
  • 07 32181 Decision-making and Control
  • 07 33177 Management Accounting

Business Acumen

  • 07 33171 Business Law
  • 08 33975 Widening Accounting Horizons A
  • 07 33177 Management Accounting

And one of:

  • 07 31703 Economics for Business (A)
  • 07 32195 Economics for Business (B)

Finance

  • 07 32179/07 31806 Financial Accounting and Accountability
  • 07 33172/07 31814 Corporate Finance
  • 07 34369/07 31808 Advanced Corporate Finance
  • 07 33171/07 34275 Business Law

And one of:

  • 07 31703 Economics for Business (A)
  • 07 32195 Economics for Business (B)
  • 07 31685 Economics for Business

Financial Accounting

  • 07 32179/07 31806 Financial Accounting and Accountability
  • 07 33175/07 31816 Financial Reporting

Principles of Tax

  • 07 33179/07 31818 Taxation, Principles and Planning

For further information, please visit the University of Birmingham website.

University of Bristol

The following ICAS-accredited degrees, with the appropriate module choices, attract up to a maximum of six exemptions from the Test of Competence (TC) stage:

  • BSc Accounting and Finance
  • BSc Economics and Accounting
  • BSc Accounting and Management
  • BSc Accounting and Finance with Study Abroad
  • BSc Economics and Accounting with Study Abroad
  • BSc Accounting and Management with Study Abroad
  • BSc Accounting and Finance with Professional Placement
  • BSc Economics and Accounting with Professional Placement
  • BSc Accounting and Management with Professional Placement

The exemptions for the subjects outlined below are available on successful completion of the related modules, having passed each module.

Subject

Required Modules

Assurance & Reporting

  • EFIM30016 Auditing

Management Information & Technology

  • EFIM30016 Auditing
  • ACCG20011 Management Accounting
  • EFIM10022 Accounting and Finance in Context

Business Acumen

  • LAWD10007 Foundations of Business Law
  • EFIM10010 Economic Principles/EFIM10050 Principles of Economics
  • EFIM30030 Strategy

Finance

  • EFIM10005 Fundamentals of Accounting and Finance 1
  • EFIM10006 Fundamentals of Accounting and Finance 2
  • LAWD10007 Foundations of Business Law
  • EFIM20044 Principles of Finance/EFIM20024 Strategic Finance
  • EFIM10010 Economic Principles/EFIM10050 Principles of Economics

Financial Accounting

  • EFIM10005 Fundamentals of Accounting and Finance 1
  • EFIM10006 Fundamentals of Accounting and Finance 2
  • EFIM20007 Financial Accounting

Principles of Tax

  • EFIM20012 Taxation

For further information, please visit the University of Bristol website.

University of Bolton

The following ICAS-accredited degrees, with the appropriate module choices, attract up to a maximum of five exemptions from the Test of Competence (TC) stage:

  • BA(Hons) Accountancy
  • BA(Hons) Accountancy (Ras Al Khaimah Campus, UAE)

The exemptions for the subjects outlined below are available on successful completion of the related modules, having passed each module.

Subject

Required Modules

Assurance & Reporting

  • ACC5004 Auditing & Assurance

Management Information & Technology

  • ACC4016 Management Accounting Fundamentals
  • ACC4018 Quantitative Methods for Accountants
  • ACC5002 Management Accounting & Decision Making
  • ACC6005 Strategic Management Accounting

Business Acumen

  • ACC5006 Contemporary Business Management
  • ACC4014 Introduction to Law for Accountants
  • ACC4015 Principles of Economics
  • ACC5005 Professional Accountant in Practice

Financial Accounting

  • ACC4013 Financial Accounting Fundamentals
  • ACC5001 Financial Accounting & Reporting
  • ACC6001 Advanced Financial Accounting & Reporting

Principles of Tax

  • ACC5003 Personal and Business Tax
  • ACC6002 Advanced Taxation

For further information, please visit the University of Bolton website.

University of Dundee

The following ICAS-accredited degrees, with the appropriate module choices, attract up to a maximum of six exemptions from the Test of Competence (TC) stage:

  • BAcc (Hons) Accountancy
  • BAcc Accountancy

The exemptions for the subjects outlined below are available on successful completion of the related modules, having passed each module.

Subject

Required Modules

Assurance & Reporting

  • BU30004 Year 3: Auditing

Management Information & Technology

  • BU12001 Year 1: Introductory Management Accounting
  • BU21001 Financial Decision Analysis
  • BU22002 Year 2: Intermediate Management Accounting
  • BU30003 Year 3: Advanced Management Accounting
  • BU11003 Business & Information Systems

Business Acumen

  • BU11002 International Business Environment
  • BU12001 Year 1: Introductory Management Accounting
  • BU22002 Year 2: Intermediate Management Accounting
  • BU30003 Year 3: Advanced Management Accounting
  • BU12005 Foundations of Economic Analysis (Accountancy & Finance)
  • BU22001 Business Law

Finance

  • BU12005 Foundations of Economic Analysis (Accountancy & Finance)
  • BU22003 Year 2: Intermediate Financial Management
  • BU30002 Year 3: Advanced Financial Management
  • BU11002 International Business Environment
  • BU22001 Business Law

Financial Accounting

  • BU11001 Year 1: Introductory Financial Accounting
  • BU21002 Year 2: Intermediate Financial Accounting
  • BU30001 Year 3: Advanced Financial Accounting

Taxation

  • BU30005 Taxation
  • BU40006 Fiscal Studies

For further information, please visit the University of Dundee website.

University of Edinburgh

The following ICAS-accredited degrees, with the appropriate module choices, attract up to a maximum of six exemptions from the Test of Competence (TC) stage:

  • MA (Hons) Business Studies and Accounting/MA (Hons) Accounting and Business.
  • MA (Hons) Economics and Accounting
  • LLB Law and Accounting
  • MA (Hons) Accounting and Finance

The exemptions for the subjects outlined below are available on successful completion of the related modules, having passed each module.

Subject

Required Modules

Assurance & Reporting

  • ACCN10009 Auditing

Management Information & Technology

  • ACCN08008 Year 1: Accountancy 1B (if the course was sat in 2019/20 then you must have completed ACCN08010 Accountancy 2B in 2020/21)
  • ACCN08010 Year 2: Accountancy 2B (if the course was sat in 2019/20 then you must have completed ACCN10010 Management Accounting Application in 2020/21)
  • ACCN10010 Management Accounting Application

Either:

  • BUST08014 Computing for Business (grade P required)

Or both:

  • BUST08035 Global Challenges for Business and
  • BUST08036 The Business of Edinburgh

Or both:

  • BUST08046 Digital Literacy for Business – Information (grade P required) and
  • BUST08047 Digital Literacy for Business – Data (grade P required)

Either:

  • BUST08033 Business Research Methods 1: Introduction to Data Analysis

Or:

  • CSME 10003 Business Research Methods II: Application and Analysis/ECNM 8016 Statistical Methods for Economics/BUST08049 Research Methods in Finance 1

Finance

  • ACCN08007 Accountancy 1A
  • ECNM08004 Economic Principles/ECNM08002 Economic Principles & Applications/ECNM08013 Economics 1
  • ACCN08008 Year 1: Accountancy 1B (if the course was sat in 2019/20 then you must have completed ACCN08010 Accountancy 2B in 2020/21)
  • BUST08003 Principles of Finance
    • Or both BUST08029 Introduction to Financial Markets and BUST08030 Introduction to Corporate Finance

And any one of:

  • BUST10032 Investment & Securities Markets
  • BUST10023 Futures & Options
  • BUST10012 Corporate Finance
  • BUST08018 Applications of Finance

Financial Accounting

  • ACCN08007 Accountancy 1A
  • ACCN08009 Accountancy 2A
  • ACCN10008 Advanced Financial Accounting

Business Acumen

  • ACCN08010 Year 2: Accountancy 2B (if the course was sat in 2019/20 then you must have completed ACCN10010 Management Accounting Application in 2020/21)

Either:

  • BUST08026 Introduction to Business

Or both:

  • BUST08035 Global Challenges for Business
  • BUST08036 The Business of Edinburgh
  • ECNM08004 Economic Principles / ECNM08013 Economics 1
  • LAWS08058 Business Law/BUST08043 Law for Business

Or both:

  • LAWS08127 Contract and Unjust Enrichment
  • LAWS08134 Business Entities

Principles of Tax

  • ACCN10029 Taxation Practices

For further information, please visit the University of Edinburgh website.

Edinburgh Napier University

The following ICAS-accredited degrees, with the appropriate module choices, attract up to a maximum of six exemptions from the Test of Competence (TC) stage:

  • BA Accounting
  • BA Accounting and Entrepreneurship
  • BA Accounting (and/with) Finance

The exemptions for the subjects outlined below are available on successful completion of the related modules, having passed each module.

Subject

Required Modules

Assurance & Reporting

  • ACC07103 Accounting Information Systems
  • ACC09109 Auditing

Management Information & Technology

  • ACC07101 Management Accounting
  • ACC07103 Accounting Information Systems
  • FIN08107 Management Science & Statistics
  • ACC09102 Advanced Management Accounting

Either/or:

  • FIN08107 Management Science & Statistics
  • FIN08108 Data Analysis

Business Acumen

  • ACC07101 Management Accounting
  • ENT07101 Exploring Entrepreneurship
  • SOE07103 Principles of Economics
  • ACC08105 Financial Management
  • LAW08102 Business and Corporate Law
  • ENT07101 Exploring Entrepreneurship/SOE8101 Business and Management Challenges

Finance

  • S0E07013 Principles of Economics
  • FIN07102 Introduction to Financial Services Sector
  • ACC08105 Financial Management
  • ACC09101 Corporate Financial Management

Financial Accounting

  • ACC07102 Financial Accounting
  • ACC07103 Accounting Information Systems
  • ACC08104 Corporate Accounting
  • ACC09105 Advanced Corporate Reporting

Principles of Tax

  • ACC09103 Taxation

For further information, please visit the Edinburgh Napier University.

University of Exeter

The following ICAS-accredited degrees, with the appropriate module choices, attract up to a maximum of five exemptions from the Test of Competence (TC) stage:

The following degrees have been accredited by ICAS:

  • BSc (Hons) Accounting and Finance*
  • BSc (Hons) Business and Accounting
  • BSc (Hons) Accounting and Business*

* Including four-year degree variants; i.e. with industrial experience, and with a year abroad.

The exemptions for the subjects outlined below are available on successful completion of the related modules, having passed each module.

Subject

Required Modules

Assurance & Reporting

  • BEA3022 Auditing
  • BEA1008 Introduction to Financial Accounting

Management Information & Technology

  • BEA1009 Introduction to Management Accounting
  • BEA2017 Intermediate Management Accounting
  • BEA3017 Advanced Management Accounting

Finance

  • BEE1029 Economics Principles
  • BEA1010 Business Finance for Accountants
  • BEA2018 Corporate Finance
  • BEA3018 Advanced Corporate Finance
  • BEA3015 Corporate Law

Financial Accounting

  • BEA1008 Introduction to Financial Accounting
  • BEA2019 Financial Accounting A
  • BEA2020 Financial Accounting B
  • BEA3020 Advanced Financial Reporting

Principles of Tax

  • BEA2002 Taxation

For more information please visit the University of Exeter website.

University of Glasgow

The following ICAS-accredited degrees, with the appropriate module choices, attract up to a maximum of six exemptions from the Test of Competence (TC) stage:

  • BAcc Ordinary Accountancy
  • BAcc (Hons) Accountancy
  • BAcc Accountancy with Economics
  • BAcc (Hons) Accountancy with Language
  • BAcc (Hons) Accountancy with Finance
  • BAcc (Hons) Accountancy with International Accounting
  • BSc (Hons) Accounting and Statistics
  • BSc (Hons) Finance and Statistics
  • BSc (Hons) Accounting and Mathematics
  • BSc (Hons) Accounting and Applied Mathematics
  • BSc (Hons) Accounting and Pure Mathematics
  • BSc (Hons) Finance and Mathematics
  • BSc (Hons) Finance and Applied Mathematics
  • BSc (Hons) Finance and Pure Mathematics

The exemptions for the subjects outlined below are available on successful completion of the related modules, having passed each module.

Subject

Required Modules

Assurance & Reporting

  • ACCFIN1004 Financial Accounting 1
  • ACCFIN2003 Financial Accounting 2
  • ACCFIN4009 Year 3 or 4: Auditing

Business Acumen

  • MGT1005 Management for Accountants
  • LAW1001 Business Law

Either

  • ECON1001 Economics 1A
  • ECON1002 Economics 1B

Or

  • ECON1010 Introductory Economics

Management Information & Technology

BA and MIT:

  • ACCFIN1007 Year 1: Management Accounting 1
  • ACCFIN2005 Year 2: Management Accounting 2
  • ACCFIN2018 Statistical Analysis & Methods

Finance

  • ACCFIN1003 Finance 1
  • ACCFIN2002 Finance 2
  • ACCFIN1004 Financial Accounting
  • MGT1005 Management for Accountants

Either

  • ECON1001 Economics 1A
  • ECON1002 Economics 1B

Or

  • ECON1010 Introductory Economics

And any one of the below:

  • ACCFIN4010 Capital Markets Theory / Capital Markets & Portfolio Management / Financial Statements Analysis
  • ACCFIN4013 Financial Statement Analysis / Financial Statement Analysis & Valuation
  • ACCFIN4012 Financial Markets & Financial Institutions
  • ACCFIN4015 International Financial Management
  • ACCFIN4040 Derivative Securities
  • ACCFIN4063 Psychology & Financial Markets
  • ACCFIN4064 Mergers & Acquisitions
  • ACCFIN4070 Corporate Finance

Financial Accounting

  • ACCFIN1004 Year 1: Financial Accounting 1
  • ACCFIN2003 Year 2: Financial Accounting 2
  • ACCFIN4007 Year 3: Advanced Financial Accounting

Taxation

Either:

  • ACCFIN4044 Tax Theory and Practice

Or both:

  • ACCFIN2022 Taxation AND ACCFIN4008 Advanced Theory and Practice of Taxation

For further information, please visit the University of Glasgow website.

Glasgow Caledonian University

The following ICAS-accredited degrees, with the appropriate module choices, attract up to a maximum of six exemptions from the Test of Competence (TC) stage:

  • BA Accountancy
  • BA (Hons) Accountancy

The exemptions for the subjects outlined below are available on successful completion of the related modules, having passed each module.

Subject

Required Modules

Assurance & Reporting

For those graduating from 2023

  • M3N425673 Audit

For those graduating before 2023

Must do the following:

  • M2N422760 Financial Accounting & Corporate Reporting
  • M2N422797 Ethics, Business & Society
  • MHN422786 Current Issues in Audit

With one of the below options:

  • M3N422788 Current Issues in Financial Reporting
  • M3N422789 Contemporary Issues in Financial Accounting

Business Acumen

For those graduating from 2023

  • M1N625556 Enterprising Behaviours for the Business Professional
  • M1M225695 Law in Business
  • M1L125739 Fundamentals of Economics
  • M2N225534 Management Issues and Concepts
  • M2N425752 Management Accounting 2
  • M3N325753 Management Accounting 3

For those graduating before 2023

  • M1N422792 Cost & Management Accounting
  • M1L228828 Introduction to Economics & Data Analysis
  • M2N322735 Fundamentals of Corporate Finance
  • M1L122839 Employability, Entrepreneurship & the Professions
  • M3N322846 Management Accounting for Decision Makers

Management Information & Technology

For those graduating from 2023

  • M1N125756 Financial and Management Accounting A
  • M1N125751 Financial and Management Accounting B
  • M1L125512 Introduction to Qualitative Data Analysis
  • M2N425752 Management Accounting 2
  • M3N325753 Management Accounting 3
  • M3N425673 Audit

For those graduating before 2023

  • M1N422792 Cost & Management Accounting
  • M1L228828 Introduction to Economics & Data Analysis
  • M2N322735 Fundamentals of Corporate Finance
  • M1L122839 Employability, Entrepreneurship & the Professions
  • M3N322846 Management Accounting for Decision Makers

Principles of Tax

  • M3N425773 Taxation
  • M2N225595 Ethics and Responsible Leadership

Finance

For those graduating from 2023

  • M1L125739 Fundamentals of Economics
  • M2N425748 Financial Accounting 2
  • M2N322735 Fundamentals of Corporate Finance
  • M3N325646 Corporate Finance and Financial Strategies

For those graduating before 2023

  • M1L228828 Introduction to Economics & Data Analysis
  • M2N322735 Fundamentals of Corporate Finance
  • M2L122838 Critical Thinking & Problem Solving
  • M3N322732 Corporate Finance & Financial Strategies

Financial Accounting

For those graduating from 2023

  • M1N125756 Financial and Management Accounting A
  • M1N125751 Financial and Management Accounting B
  • M2N425748 Financial Accounting 2
  • M3N425749 Financial Accounting 3

For those graduating before 2023

Must do the following:

  • M1N422837 Financial Accounting
  • M2N422760 Financial Accounting & Corporate Reporting

With one of the below options:

  • M3N422788 Current Issues in Financial Reporting
  • M3N422789  Contemporary Issues in Financial Accounting

For further information, please visit the Glasgow Caledonian University website.

Heriot-Watt University

The following ICAS-accredited degrees, with the appropriate module choices, attract up to a maximum of six exemptions from the Test of Competence (TC) stage:

  • MA/BA Accountancy
  • MA/BA Accountancy and Business Law
  • MA/BA Accountancy and Finance

The exemptions for the subjects outlined below are available on successful completion of the related modules, having passed each module.

Subject

Required Modules

Assurance & Reporting

  • C39AU Auditing & Assurance
  • C39IA Accounting Information

Management Information & Technology

  • C38MO Management Accounting in Organisations
  • F78QT Quantitative Methods
  • C39MT Management Accounting Techniques & Decisions
  • C39IA Accounting Information

Business Acumen

  • C17EB Management in a Global Context
  • C17EC Enterprise and its Business
  • Either C27AA Introductory Microeconomics or C27IE Introductory Economics
  • C18CL Commercial Law
  • C18CM Business Entities

Finance

  • Either C27BA Introductory Macroeconomics or C27IE Introductory Economics
  • C37FI Introduction to Finance
  • C38FM Financial Markets Theory
  • C38FN Corporate Financial Theory

One of the following:

  • C39CE Managing Corporate Value
  • C39CN Mergers & Acquisitions
  • C39SM International Bond and Currency Markets
  • C30SN Financial Derivatives

Financial Accounting

  • C37FA Introduction to Accounting
  • C37AP Accounting Profession & Practice
  • C38FR Financial Reporting
  • C39CA Contemporary Issues in Financial Accounting

Principles of Tax

  • C39TA Taxation (Tax Law)

For further information, please visit the Heriot-Watt University website.

Lancaster University

The following ICAS-accredited degrees, with the appropriate module choices, attract up to a maximum of six exemptions from the Test of Competence (TC) stage:

  • BSc (Hons) Finance
  • BA (Hons) Accounting and Economics
  • BA/BSc (Hons) Accounting and Finance
  • BSc (Hons) Accounting, Finance and Maths
  • 4-year variants of the above degrees including an industrial placement year.

The exemptions for the subjects outlined below are available on successful completion of the related modules, having passed each module.

Subject

Required Modules

Assurance & Reporting

  • ACF211 Accounting Information Systems & Auditing
  • ACF307 Issues in Auditing

Management Information & Technology

  • ACF211 Accounting Information Systems & Auditing
  • ACF213 Management Accounting for Business Decisions
  • ACF303 Advanced Management Accounting

Business Acumen

Please confirm you meet the above requirements for all of the following modules:

  • AcF 100 Managerial Finance
  • AcF 270 Foundations of Business Law
  • ENSI 211 Business Start-up
  • AcF 370 Business Law

Please confirm you meet the above requirements for either/or of the following modules:

  • ECON101 Principles of Economics
  • ECON 102 Principles of Economics

Finance

Either/or:

  • ACF100 Introduction to Accounting & Finance
  • AcF111/AcF Introduction to Financial Accounting for Managers

Either/or:

  • ECON101 Principles of Economics
  • ECON102 Principles of Economics

Either/or:

  • AcF263 Principles of Finance
  • AcF214 Principles of Finance

Either/or:

  • AcF302 Corporate Finance
  • AcF 305 International and Risk Management

Financial Accounting

Either/or:

  • AcF100 Introduction to Accounting & Finance
  • AcF 111/AcF 261 Introduction to Financial Accounting for Managers

And all the following three courses:

  • AcF212 Principles of Financial Accounting
  • AcF301 Financial Accounting I
  • AcF311 Financial Accounting II

Principles of Tax

  • AcF306 Taxation

For further information, please visit the Lancaster University website.

University of Leeds

The following ICAS-accredited degrees, with the appropriate module choices, attract up to a maximum of four exemptions from the Test of Competence (TC) stage:

  • BSc Accounting and Finance
  • BSc Banking and Finance

The exemptions for the subjects outlined below are available on successful completion of the related modules, having passed each module.

Subject

Required Modules

Assurance & Reporting

  • LUBS3550 Auditing and Assurance Services

Finance

  • LUBS1925 Introduction to Management Accounting
  • LUBS1035 Foundations of Finance
  • LUBS1915 Introduction to Financial Accounting
  • LUBS1952 Economic Theory and Applications for Finance
  • LUBS2205 Corporate Finance
  • LUBS3645 Advanced Finance

Financial Accounting

  • LUBS1915 Introduction to Financial Accounting
  • LUBS2290 Intermediate Financial Accounting

Principles of Tax

  • LUBS3690 Principles of Taxation

For further information, please visit the University of Leeds website.

Leicester University

The following ICAS-accredited degrees, with the appropriate module choices, attract up to a maximum of four exemptions from the Test of Competence (TC) stage:

BSc (Hons) Accounting

The exemptions for the subjects outlined below are available on successful completion of the related modules, having passed each module.

Subject

Required Modules

Assurance & Reporting

  • MN2136 - Corporate Governance
  • EC2084 - Audit and Assurance
  • MN3030 - Advanced Audit, Assurance and Ethics

Finance

  • MN1017 Foundations of Economics
  • MN1019 Foundations of Finance
  • MN1025 Introduction to Management for Accounting and Finance
  • MN2136 Corporate Governance
  • MN2115 Financial Reporting
  • MN2138 Accounting, Decision-Making and Control
  • EC2086 - Business Law for Accountants
  • MN3142 - Advanced Financial Accounting

Financial Accounting

  • MN1016 Foundations of Financial Accounting
  • MN2115 Financial Reporting
  • MN3142 Advanced Financial Accounting

Principles of Tax

  • EC2082 - Principles of Personal Taxation
  • EC3085 - Advanced Taxation

BSc (Hons) Economics & Accounting

The exemptions for the subjects outlined below are available on successful completion of the related modules, having passed each module.

Subject

Required Modules

Finance

  • EC2076 - Principles of Accounting
  • EC2022 - Principles of Finance
  • EC2046 - Intermediate Macroeconomics
  • EC3083 - Business Law for Accountants

Either/or

  • EC3058 - Corporate Finance
  • EC3067 - International Finance
  • EC3077 - Investment Management

Financial Accounting

  • EC2076 - Principles of Accounting
  • EC3087- Financial Accounting

Principles of Tax

  • EC2082 - Principles of Personal Taxation
  • EC3085 - Advanced Taxation

BSc (Hons) Accounting and Finance

The exemptions for the subjects outlined below are available on successful completion of the related modules, having passed each module.

Subject

Required Modules

Finance

  • MN1017 - Foundations of Economics
  • MN1019 - Foundations of Finance
  • MN1025 - Introduction to Management for Accounting and Finance
  • MN2136 - Corporate Governance
  • MN2115 - Financial Reporting
  • MN2138 - Accounting, Decision-Making and Control
  • MN2137 - Financial Markets Products: Futures & Forwards
  • MN3142 - Advanced Financial Accounting

Financial Accounting

  • MN1016 Foundations of Financial Accounting
  • MN2115 Financial Reporting
  • MN3142 Advanced Financial Accounting

For more information please visit the University of Leicester website.

Liverpool University

The following ICAS-accredited degrees, with the appropriate module choices, attract up to a maximum of six exemptions from the Test of Competence (TC) stage:

  • BA(Hons) Accounting and Finance
  • BA(Hons) Accounting and Finance with a Year in Industry

The exemptions for the subjects outlined below are available on successful completion of the related modules, having passed each module.

Subject

Required Modules

Assurance & Reporting

  • ACFI210 Audit & Assurance

Management Information & Technology

  • ACFI102 Introduction to Management Accounting
  • ACFI203 Management Accounting
  • ACFI312 Business Strategy

Business Acumen

  • ACFI127 Economic Principles for Business & Markets
  • ACFI211 Business Law
  • ACFI312 Business Strategy

Finance

  • ACFI127 Economic Principles for Business & Markets
  • ACFI204 Financial Management
  • ACFI103 Introduction to Finance
  • ACFI304 Business Finance

Financial Accounting

  • ACFI101 Introduction to Financial Accounting
  • ACFI201 Financial Reporting 1
  • ACFI309 Financial Accounting 2

Principles of Tax

  • ACFI212 Tax Compliance

For more information please visit the University of Liverpool website.

City University London

The following ICAS-accredited degrees, with the appropriate module choices, attract up to a maximum of six exemptions from the Test of Competence (TC) stage:

  • BSc Accounting and Finance
  • BSc Banking and International Finance
  • BSc Business Studies
  • BSc Investment and Financial Risk Management
  • BSc Management

The exemptions for the subjects outlined below are available on successful completion of the related modules, having passed each module.

Subject

Required Modules

Assurance & Reporting

  • AF3100 Audit & Assurance
  • AF2100 Assurance
  • BS1106 Introduction to Business Law

Management Information & Technology

  • AF1201 Introduction to Management Accounting
  • IF3108 Corporate Finance

Business Acumen

  • BS1106 Introduction to Business Law
  • IF3108 Corporate Finance
  • AF2204 Corporate Law
  • IF3207 Corporate Restructuring
  • BS3100 Strategy for Business
  • IF1105  Microeconomics

Principles of Tax

  • AF2202 Principles of Taxation
  • AF3201 Taxation

Financial Accounting

  • AF1101  Introductory Financial Accounting
  • AF2101  Intermediate Financial Accounting
  • AF2203 Intermediate Financial Accounting II
  • AF3203  Advanced Financial Accounting: Theory & Practice

Finance

  • IF1104 Introduction to Finance
  • AF1201 Introduction to Management Accounting
  • AF2204 Corporate Law
  • IF3207 Corporate Restructuring
  • IF1203 Macroeconomics

For further information, please visit the City University London website.

Robert Gordon University

The following ICAS-accredited degrees, with the appropriate module choices, attract up to a maximum of six exemptions from the Test of Competence (TC) stage:

  • BA (Hons) Accounting and Finance

The exemptions for the subjects outlined below are available on successful completion of the related modules, having passed each module.

Subject

Required Modules

Assurance & Reporting

  • BS3012 Audit Theory & Practice
  • BS4012 Assurance & Ethics
  • BS4215 Financial Reporting Issues & Applications

Management Information & Technology

  • BS2011 Business Analytics/BS2202 Business Information System/BS2005 Digital Context of Business
  • BS1270 Management Accounting
  • BS2214 Management & Cost Accounting
  • BS4112 Management Accounting Decision Making & Control
  • BS2114 Quantitative Business Techniques

Business Acumen

  • BS2258 Business Law
  • BS1109 Introductory Economics

Either:

  • BS4104 Business Strategy

Or one of:

  • BS2293 Business Ideas and Opportunities
  • BS3916 Managing Projects

And one of

  • BS3039 Financial Reporting and Forecasting
  • BS3143 Financial Decision Making/BS2201 Finance for Business Decisions

Finance

  • BS1109 Introductory Economics
  • BS2201 Finance for Business Decisions
  • BS4105 Corporate Financial Management
  • BS2225 Advanced Business Law
  • BS3142 External Reporting

Financial Accounting

  • BS1111 Financial Accounting
  • BS3142 External Reporting

Either/or

  • BS3039 Financial Reporting and Forecasting/BS3143 Financial Decision Making
  • BS4215 Financial Reporting Issues & Applications

Principles of Tax

  • BS4113 Personal and Business Tax
  • BS4214 Corporate and Capital Taxes

BA (Hons) Accounting with Data Science

The exemptions for the subjects outlined below are available on successful completion of the related modules, having passed each module.

Subject

Modules

Assurance & Reporting

  • BS3012 Audit Theory & Practice
  • BS4012 Assurance & Ethics
  • BS4215 Financial Reporting Issues & Applications

Management Information & Technology

  • BS1270 Management Accounting
  • BS2214 Management & Cost  Accounting
  • BS4112 Management Accounting Decision Making & Control
  • BS2114 Quantitative Business Techniques

Business Acumen

  • BS2258 Business Law
  • BS1109 Introductory Economics
  • BS3039 Financial Reporting and Forecasting

And either/or:

  • BS4104 Business Strategy
  • BS2293 Business Ideas and Opportunities

Financial Accounting

  • BS1111 Financial Accounting
  • BS3142 External Reporting
  • BS3039 Financial Reporting and Forecasting
  • BS4215 Financial Reporting Issues & Applications

For further information, please visit the Robert Gordon University website.

University of Stirling

The following ICAS-accredited degrees, with the appropriate module choices, attract up to a maximum of six exemptions from the Test of Competence (TC) stage:

  • BAcc
  • BAcc (Hons) Accountancy
  • BAcc (Hons) Accountancy and Business Law
  • BAcc (Hons) Accountancy and Business Studies
  • BAcc (Hons) Accountancy and Computer Science
  • BAcc (Hons) Accountancy and Economics
  • BAcc (Hons) Accountancy and Finance
  • BAcc (Hons) Accountancy and Management Science
  • BAcc (Hons) Accountancy and Marketing
  • BAcc (Hons) Accountancy and Maths
  • BAcc (Hons) Accountancy and Spanish
  • BAcc (Hons) Accountancy and Sports Studies
  • BA (Hons) in Accountancy and Business Studies
  • BA (Hons) in Accountancy and Computer Science
  • BA (Hons) in Accounting and Finance

The exemptions for the subjects outlined below are available on successful completion of the related modules, having passed each module.

Subject

Required Modules

Assurance & Reporting

  • ACC(U)9AA Advanced Financial Accounting
  • ACC(U)9A4 External Reporting
  • ACC(U)9A6 Auditing

Management Information & Technology

  • ACC(U)9A1 Accounting 1
  • ACC(U)9A2 Accounting 11
  • ACC(U)9MS Applied Management Accounting
  • FIN(U)9QE Quantitative Methods for Business Decisions

Business Acumen

  • ACC(U)9A2 Accounting 11
  • ECN(U)111/ECN(U)115 Introductory Economics
  • MGTU9S2 The Management Challenge – An Introduction
  • ACCU9L1 Business and Corporate Law
  • ACC(U)9MS Applied Management Accounting
  • ACCU9AE Accounting Information and Employment

Finance

  • ACC(U)9A1 Accounting 1
  • ACCU9L1 Business and Corporate Law
  • ECN(U)112 Introduction to Macroeconomics
  • FIN(U)9F3 Year 2: Finance 1
  • FIN(U)9F4 Year 2 or 3: Finance 11
  • FIN(U)9PE Personal Financial Planning
  • ACC(U)9AA Advanced Financial Accounting

Financial Accounting

  • ACC(U)9A1 Accounting 1
  • ACC(U)9A4 External Reporting
  • ACCU9L1 Business and Corporate Law
  • ACC(U)9A5 Accounting Information & Employment

Principles of Tax

  • ACC(U)9TX Taxation

For further information, please visit the University of Stirling website.

University of Strathclyde

The following ICAS-accredited degrees, with the appropriate module choices, attract up to a maximum of six exemptions from the Test of Competence (TC) stage:

  • BA Principal Subject Accounting
  • BSc Mathematics, Statistics and Accounting
  • BSc Technology and Business Studies with Principal Subject Accounting

The exemptions for the subjects outlined below are available on successful completion of the related modules, having passed each module.

Subject

Required Modules

Assurance & Reporting

  • AG308 Auditing & Assurance
  • AG309 Governance & Accounting Ethics

Management Information & Technology

  • AG311 Advanced Financial Reporting
  • AG111 Accounting Technologies
  • AG219 Cost & Management Accounting
  • AG310 Contemporary Management Accounting
  • MDP Management Development Program

Business Acumen

  • M9117 Business Law
  • EC111 Economics
  • AG111 Accounting Technologies
  • MDP Management Development Program
  • AG218 Intermediate Financial Accounting
  • AG219 Cost & Management Accounting
  • AG310 Contemporary Management Accounting
  • AG311 Advanced Financial Reporting

Finance

  • EC111 Introduction to Economics
  • AG105 Introduction to Finance & Financial Statistics
  • AG215 Business Finance
  • AG218 Intermediate Financial Accounting

Financial Accounting

  • AG111 Accounting Technologies
  • AG218 Intermediate Financial Accounting
  • AG311 Advanced Financial Reporting

Principles of Tax

  • AG209 or AG314 Taxation

For further information, please visit the University of Strathclyde website.

University of Surrey

The following ICAS accredited degrees, with the appropriate module choices, attract up to a maximum of six exemptions from the Test of Competence (TC) stage:

  • BSc Accounting and Finance

The exemptions for the subjects outlined below are available on successful completion of the related modules, having passed each module.

Subject

Required Modules

Assurance & Reporting

  • MAN3098 Auditing
  • MAN2090 Financial Accounting 2
  • MAN3081 Company Financial Reporting

Management Information & Technology

  • MAN1060 Business Mathematics
  • MAN1072 Management Accounting 1
  • MAN1075 or MAN1131 (2021-22 onwards) Marketing Principles
  • MAN2107 Management Accounting 2
  • MAN3086 Management Accounting 3

Business Acumen

  • MAN1094 Business Law and Ethics
  • MAN3090 or MAN3204 (2021-22 onwards) International Business Strategy
  • MAN1075 or MAN1131 (2021-22 onwards) Marketing Principles
  • MAN2089 Business Finance
  • MAN1059 or MAN1132 (2021-22 onwards) Operations Management

Finance

  • MAN1071 or MAN2186 (2021-22 onwards) Business Economics
  • MAN2089 Business Finance
  • MAN2106 Corporate Finance
  • MAN3080 Financial Management
  • MAN3097 Financial Risk Management

Financial Accounting

  • MAN1061 Financial Accounting 1
  • MAN2090 Financial Accounting 2
  • MAN3081 Company Financial Reporting

Principles of Tax

  • MAN2105 Introduction to Taxation
  • MAN3102 Advanced Taxation

For further information, please visit the University of Surrey website.

University of Warwick

The following ICAS-accredited degrees, with the appropriate module choices, attract up to a maximum of six exemptions from the Test of Competence (TC) stage:

  • BSc Accounting and Finance
  • BSc Accounting and Finance (with Foundation Year)
  • BSc Accounting and Finance with Placement Year/UPP
  • BSc Accounting and Finance (with Foundation Year) and with Placement Year/UPP

The exemptions for the subjects outlined below are available on successful completion of the related modules, having passed each module.

Subject

Required Modules

Assurance & Reporting

  • IB233 Financial Reporting 1
  • IB3N3 Auditing and Accountability

Management Information & Technology

  • IB116 Foundations of Management Accounting
  • IB122 Business Analytics

Business Acumen

  • IB113 Business Law
  • EC131 Economics for Business
  • IB2B1 Entrepreneurial Mindset
  • IB233 Financial Reporting 1
  • IB237 Business Law 2

Finance

  • IB114 Financial Management
  • IB113 Business Law
  • EC131 Economics for Business
  • IB237 Business Law 2
  • IB3F2 Company Law

Financial Accounting

  • IB124 Introduction to Financial Accounting
  • IB233 Financial Reporting 1
  • IB234 Financial Reporting 2

Principles of Tax

  • IB337 Business Taxation

For further information, please visit the University of Warwick website.

University of the West of Scotland

The following ICAS-accredited degrees, with the appropriate module choices, attract up to a maximum of six exemptions from the Test of Competence (TC) stage:

  • BAcc in Accounting

The exemptions for the subjects outlined below are available on successful completion of the related modules, having passed each module.

Subject

Required Modules

Assurance & Reporting

  • ACCT08002 Financial Accounting 2
  • ACCT09002 Auditing

Management Information & Technology

  • ACCT07007 Data Analysis
  • ACCT07005 Management Accounting 1
  • ACCT08004 Management Accounting 2

Business Acumen

  • ECON07003 Business Economics
  • ACCT07002 Accountant in Business
  • LAWW08010 Business Law
  • ACCT08003 Financial Management

Finance

  • ECON07003 Business Economics
  • ACCT08003 Financial Management
  • ACCT09001 Advanced Financial Management

Financial Accounting

  • ACCT07004 Financial Accounting 1
  • ACCT08002 Financial Accounting 2
  • ACCT09004 Financial Accounting 3

Principles of Tax

  • ACCT08001/ACCT09015 Personal Tax

For further information, please visit the University of the West of Scotland website.

AAT

SubjectRequired Modules
Financial Accounting
  • Drafting and Interpreting Financial Statements
Management Information and Technology
  • Applied Management Accounting
  • Internal Accounting Systems and Controls
Principles of Tax
  • Business Tax
  • Personal Tax

ICAEW

SubjectRequired Modules
Financial Accounting

Certificate Level:

  • Accounting

Professional Level:

  • Financial Accounting and Reporting
Finance

Certificate Level:

  • Management Information
  • Law
  • Business Technology and Finance

Professional Level:

  • Financial Management
Management Information and Technology

Certificate Level:

  • Management Information
  • Law
  • Business Technology and Finance
Assurance & Reporting

Certificate Level:

  • Assurance
  • Law
  • Business Technology and Finance
Principles of Tax

Certificate Level:

  • Principles of Tax

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