ICAS ICAS logo

Quicklinks

  1. About Us

    Find out about who we are and what we do here at ICAS.

  2. Find a CA

    Search our directory of individual CAs and Member organisations by name, location and professional criteria.

  3. CA Magazine

    View the latest issues of the dedicated magazine for ICAS Chartered Accountants.

  4. Contact Us

    Get in touch with ICAS by phone, email or post, with dedicated contacts for Members, Students and firms.

Login
  • Annual renewal
  • About us
  • Contact us
  • Find a CA
  1. About us
    1. Governance
  2. Members
    1. Become a member
    2. Newly qualified
    3. Manage my membership
    4. Benefits of membership
    5. Careers support
    6. Mentoring
    7. CA Wellbeing
    8. More for Members
    9. Area networks
    10. International communities
    11. Get involved
    12. Top Young CAs
    13. Career breaks
    14. ICAS podcast
    15. Newly admitted members 2022
    16. Newly admitted members 2023
  3. CA Students
    1. Student information
    2. Student resources
    3. Learning requirements
    4. Learning updates
    5. Learning blog
    6. Totum Pro | Student discount card
    7. CA Student wellbeing
  4. Become a CA
    1. How to become a CA
    2. Routes to becoming a CA
    3. CA Stories
    4. Find a training agreement
    5. Why become a CA
    6. Qualification information
    7. University exemptions
  5. Employers
    1. Become an Authorised Training Office
    2. Resources for Authorised Training Offices
    3. Professional entry
    4. Apprenticeships
  6. Find a CA
  7. ICAS events
    1. CA Summit
  8. CA magazine
  9. Insight series 2022
    1. Finance + Trust
    2. Finance + Technology
    3. Finance + EDI
    4. Finance + Mental Fitness
    5. Finance + Leadership
    6. Finance + Sustainability
  10. Professional resources
    1. Anti-money laundering
    2. Audit and assurance
    3. Brexit
    4. Charities
    5. Coronavirus
    6. Corporate and financial reporting
    7. Business and governance
    8. Ethics
    9. Insolvency
    10. ICAS Research
    11. Pensions
    12. Practice
    13. Public sector
    14. Sustainability
    15. Tax
  11. CPD - professional development
    1. CPD courses and qualifications
    2. CPD news and updates
    3. CPD support and advice
  12. Regulation
    1. Complaints and sanctions
    2. Regulatory authorisations
    3. Guidance and help sheets
    4. Regulatory monitoring
  13. CA jobs
    1. CA jobs partner: Rutherford Cross
    2. Resources for your job search
    3. Advertise with CA jobs
    4. Hays | A Trusted ICAS CA Jobs Partner
    5. Azets | What's your ambition?
  14. Work at ICAS
    1. Business centres
    2. Meet our team
    3. Benefits
    4. Vacancies
    5. Imagine your career at ICAS
  15. Contact us
    1. Technical and regulation queries
    2. ICAS logo request

ICAS accredited degrees

Accredited universities and degrees

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

Details on the universities that are accredited and the related exemption criteria can be found below.

If your degree course 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 five exemptions from the Test of Competence (TC) stage:

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

A grade of at least C must be achieved in all modules except for AC3557 Auditing which requires a grade of at least B3.


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
  • 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.

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) Accounting and Finance
  • BA(HONS) Accounting and Finance (Ras Al Khaimah Campus, UAE)

The exemptions for the subjects outlined below are available on successful completion of the related modules, having achieved a mark of at least 50% in each module.


SubjectRequired Modules
Assurance & Reporting
Either a mark of at least 60% in ACC5004 or a mark of 50% in both ACC5004 and ACC6006 must be achieved
  • ACC5004  Auditing & Assurance
  • ACC6006  Advanced Auditing Practice
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 achieved a mark of at least C3 in each module.


Subject

Required Modules

Assurance & Reporting
A grade of B or higher must be achieved for BU30004, otherwise, a grade of at least C3 in BU42007 must also be achieved

  • BU30004  Year 3: Auditing
  • BU42007  Financial Assurance & Ethics

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 five exemptions from the Test of Competence (TC) stage:

  • MA (Hons)Business Studies and Accounting
  • 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 achieved a mark of at least 50% in each module.


Subject

Required Modules

Assurance & Reporting
A mark of 60% or higher must be achieved for ACCN10009, otherwise, a mark of at least 50% in ACCN10005 must also be achieved

  • ACCN10009  Auditing
  • ACCN10005  Audit Practice - Only required if grade for BACCN10009 was lower than 60%

Management Information & Technology

  • ACCN08008  Year 1: Accountancy 1B (if course sat in 2019/20 then must have completed ACCN08010 Accountancy 2B in 2020/21)
  • ACCN08010  Year 2: Accountancy 2B (if course sat in 2019/20 then must have completed ACCN10010 Management Accounting Application in 2020/21)
  • ACCN10010  Management Accounting Application
  • BUST08014 Computing for Business (grade P required)

Either:

  • BUST08013 Business Research Methods 1: Introduction to Data Analysis

OR

  • CSME 10003 Business Research Methods II:  Application and Analysis OR
  • ECNM 8016 Statistical Methods for Economics

Finance

  • ACCN08007  Accountancy 1A
  • ECNM08004  Economic Principles OR  ECNM08002  Economic Principles & Applications*
  • ACCN08008  Year 1: Accountancy 1B (if course sat in 2019/20 then 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
  • ACCN08010  Year 2: Accountancy 2B (if course sat in 2019/20 then must have completed ACCN10010 Management Accounting Application in 2020/21)

AND ANY ONE OF

  • BUST10032  Investment & Securities Markets
  • BUST10023  Futures & Options
  • ECNM08013  Economics 1
  • 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 course sat in 2019/20 then must have competed ACCN10010 Management Accounting Application in 2020/21)
  • BUST08026 Introduction to Business
  • OR both
  • BUST08035 Global Challenges for Business
  • BUST08036 The Business of Edinburgh
  • Either/or ECNM08004 Economic Principles / ECNM08013 Economics 1
  • LAWS08058 Business Law

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 achieved a mark of at least 50% in each module.

Subject

Required Modules

Assurance & Reporting
A mark of 60% or higher must be achieved for ACC09109

  • 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

University of Exeter

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

The exemptions for the subjects outlined below are available on successful completion of the related modules, having achieved a mark of at least 50% in each module.


Subject

Required Modules

Assurance & Reporting
A mark of 60% or higher must be achieved for MAN3098

  • 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

Glasgow Caledonian University

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 Accountancy

The exemptions for the subjects outlined below are available on successful completion of the related modules, having achieved a mark of at least 50% in each module.


SubjectRequired Modules
Assurance & Reporting
  • M2N422760  Financial Accounting & Corporate Reporting
  • M2N422797  Ethics, Business & Society
  • MHN422786  Current Issues in Audit
  • Either/or

  • M3N422788  Current Issues in Financial Reporting
  • M3N422789  Contemporary Issues in Financial Accounting
Business Acumen and Management Information & Technology
  • 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
Finance
  • M1L228828  Introduction to Economics & Data Analysis
  • M2N322735  Fundamentals of Corporate Finance
  • M2L122838  Critical Thinking & Problem Solving
  • M3N322732  Corporate Finance & Financial Strategies

Financial Accounting

  • M1N422837  Financial Accounting
  • M2N422760  Financial Accounting & Corporate Reporting
  • Either/or

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

For further information, please visit the Glasgow Caledonian University 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 achieved a grade of at least C3 in each module.


SubjectRequired Modules
Assurance & Reporting
A grade of B or higher must be achieved for ACCFIN4009
  • 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.

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 achieved a grade of at least a C in each module.


SubjectRequired Modules

Assurance & Reporting

60% pass required in C39AU  Auditing & Assurance

  • 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 achieved a mark of at least 50% or a C grade in each module.


Subject

Required Modules

Assurance & Reporting
60% pass required in ACF307 Issues in auditing

  • 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/AcF261Introduction to Financial accounting for Managers

Either/OR

  • ECON101 Principles of Economics
  • ECON102 Principles of Economics

Either/OR

  • AcF263 Introduction to Finance
  • AcF214 Principles of Finance

Either/OR

  • AcF302 Corporate Finance
  • AcF 305 International and Risk Financial Management

Financial Accounting

Either/or:

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

And all of 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.

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 achieved a mark of at least 50% in each module.


SubjectRequired Modules
Assurance & Reporting
A mark of 60% or higher must be achieved for ACFI210, or a mark of 50% in both modules.
  • ACFI210  Audit & Assurance
  • ACFI301  Advanced Auditing
Management Information & Technology
  • ACFI102  Introduction to Management Accounting
  • ACFI111  Quantitative Methods for Accounting & Finance
  • ACFI151  Business & Management
  • ACFI203  Management Accounting
  • ACFI312  Business Strategy
Business Acumen
  • ECON127  Economic Principles for Business & Markets
  • ACFI211 Business Law
  • ACFI312 Business Strategy
Finance
  • ECON127  Economic Principles for Business & Markets
  • 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

City University London

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:

  • 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 achieved a mark of at least 50% in each module.


SubjectRequired Modules
Assurance & Reporting
  • AF3100 Audit & Assurance
  • AF2100 Assurance
  • AF2204 Corporate Law
Management Information & Technology
  • AF1201 Introduction to Management Accounting
  • AF2102 Management Accounting
  • BS1208 Introduction to Management Accounting for Business
  • BS2113 Management Accounting for Business
Business Acumen
  • BS1106 Introduction to Business Law
  • BS3102 Financial management
  • IF3108 Corporate Finance

and either/or:

  • Foundations of Economics for Finance
  • BS1107 Introduction to Microeconomics

Financial Accounting

  • AF1101  Introduction to Financial Accounting OR BS1108  Introduction to Financial Accounting for Business
  • AF2101  Financial Accounting OR BS2212  Financial Accounting for Business OR BS2216     Financial & Management Accounting
  • AF3203  Advanced Financial Accounting: Theory & Practice
Finance
  • IF1001 Foundation of Economics for Finance
  • OR BOTH BS1104 Introduction to Microeconomics AND BS1207 Introduction to Macroeconomics
  • AND ONE OF IF1104 Introduction to Finance BS2100 Principles of Finance
  • AND ONE OF BS3102 Financial Management IF3108 Corporate Finance
  • OR EITHER/OR IF1104/FR1101 Introduction to Finance/Finance and Investment AND ALL OF IF1105 Microeconomics IF1203 Macroeconomics IF3108 Corporate Finance

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) Accountancy and Finance

The exemptions for the subjects outlined below are available on successful completion of the related modules, having achieved a grade of at least a C in each module.

Subject

Required Modules

Assurance & Reporting

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

Management Information & Technology

  • Either/or
  • BS2011  Business Analytics/ BS2202 Business Information System
  • 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

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

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 achieved a mark of at least 50% in each module.


SubjectRequired Modules
Assurance & Reporting
A mark of 60% or higher must be achieved for ACC(U)9A6
  • 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 achieved a mark of at least 50% in each module.


SubjectRequired 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 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 achieved a mark of at least 50% in each module.


Subject

Required Modules

Assurance & Reporting
A mark of 60% or higher must be achieved for MAN3098

  • 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 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 achieved a grade of at least a B2 (50%) in each module.


Subject

Required Modules

Assurance & Reporting
A grade of a B1 (60%) or higher must be achieved for ACCT09002

  • 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.

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

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 achieved a mark of at least 50% or a C grade in each module.

SubjectRequired 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 achieved a mark of at least 50% or a C grade in each module.

SubjectRequired 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 achieved a mark of at least 50% or a C grade in each module.

SubjectRequired 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

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
2023-01-charlestyrwhitt 2023-01-charlestyrwhitt
ICAS logo

Footer links

  • Contact us
  • Terms and conditions
  • Modern slavery statement
  • Privacy notice
  • CA magazine

Connect with ICAS

  • Facebook (opens new window) Facebook Icon
  • Twitter (opens new window) Twitter Icon
  • LinkedIn (opens new window) LinkedIn Icon
  • Instagram (opens new window) Instagram Icon

ICAS is a member of the following bodies

  • Consultative Committee of Accountancy Bodies (opens new window) Consultative Committee of Accountancy Bodies logo
  • Chartered Accountants Worldwide (opens new window) Chartered Accountants Worldwide logo
  • Global Accounting Alliance (opens new window) Global Accounting Alliance
  • International Federation of Accountants (opens new window) IFAC
  • Access Accountancy (opens new window) Access Acountancy

Charities

  • ICAS Foundation (opens new window) ICAS Foundation
  • SCABA (opens new window) scaba

Accreditations

  • ISO 9001 - RGB (opens new window)
© ICAS 2022

The mark and designation “CA” is a registered trade mark of The Institute of Chartered Accountants of Scotland (ICAS), and is available for use in the UK and EU only to members of ICAS. If you are not a member of ICAS, you should not use the “CA” mark and designation in the UK or EU in relation to accountancy, tax or insolvency services. The mark and designation “Chartered Accountant” is a registered trade mark of ICAS, the Institute of Chartered Accountants of England and Wales and Chartered Accountants Ireland. If you are not a member of one of these organisations, you should not use the “Chartered Accountant” mark and designation in the UK or EU in relation to these services. Further restrictions on the use of these marks also apply where you are a member.

ICAS logo

Our cookie policy

ICAS.com uses cookies which are essential for our website to work. We would also like to use analytical cookies to help us improve our website and your user experience. Any data collected is anonymised. Please have a look at the further information in our cookie policy and confirm if you are happy for us to use analytical cookies: