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School leaver careers in accountancy

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Our Qualifications
CFAB

The Certificate in Finance, Accounting and Business (CFAB) from ICAEW will give you practical and essential knowledge that can be used in any industry or financial area. The certificate comprises the same six modules that make up the first stage of the ACA, which is recognised and valued globally.

They are: Business and Finance, Management Information, Accounting, Law, Assurance and Principles of Taxation. Study is a blend of both college and online lectures, for greater flexibility. Once you have successfully completed all six modules you will be awarded the CFAB qualification.

Below we have outlined the typical path you would expect to take during your School Leaver Programme if studying for the CFAB.

1st year

Work you may undertake

  • Working closely with managers to complete projects and administrative duties
  • Gain an understanding of how a small business works and how BDO positions themselves to clients
  • Plenty of support from managers and senior managers
  • Compliance based project work on smaller businesses

Qualification

  • Commence studying towards High National Apprenticeship in Accountancy (HNA) and complete first 3 exams for the Certificate in Finance, Accounting and Business (CFAB) qualifications
  • Assessment takes the form of coursework and practical tasks.

2nd year

Work you may undertake

  • Look after larger clients
  • More independence – building your own professional relationships and network
  • Direct contact with clients
  • Still lots of support from managers and others

Qualification

  • Complete HNA
  • Complete final 3 CFAB exams after which you will be fully CFAB qualified

After completing and passing your CFAB you will move onto the next stage of the School Leaver Programme – studying for your ACA (link to ACA page) or ACA/CTA (link to ACA/CTA page) qualification.

For more details, see the ICAEW website