A good understanding of business, finance and accounting is highly valued in any role in any organisation around the world.

ICAEW Certificate in Finance, Accounting and Business (ICAEW CFAB) is issued by the world’s most respected professional accountancy body - The Institute of Chartered Accountants. The curriculum focuses on essential knowledge in finance, accounting and business. The ICAEW CFAB qualification can be gained in one year. 

Benefits of ICAEW CFAB
  • Exemptions up to 5 Modules!
  • Computer-based assessment can be taken at any time
  • Gain broad knowledge in finance, accounting and business which is relevant to a wide range of careers and sectors
  • No formal academic entry requirements
  • Module tests can be taken in any order
  • Certificate of achievement from ICAEW on passing the exam in England and Wales.


ICAEW CFAB constitutes six modules:

Module 1 - Business and Finance

  • Business objectives and functions
  • Business and organisational structures
  • The role of finance
  • The role of the accountancy profession
  • Governance, sustainability, corporate responsibility and ethics
  • External environment

Module 2 - Management Information

  • Costing and pricing
  • Budgeting and forecasting
  • Performance management
  • management decision making

Module 3 - Accounting (compulsory)

  • Maintaining financial records
  • Adjustments to accounting records and financial statements
  • Preparing financial statements

Module 4 - Law

  • The impact of civil law on business and professional services
  • Company and insolvency law
  • The impact of criminal law on business andprofessional services
  • The impact of law in the professional context

Module 5 - Assurance

  • The concept, process and need for assurance
  • Internal controls
  • Gathering evidence on an assurance engagement
  • Professional ethics

Module 6 - Principles of Taxation

  • Objectives and types of tax
  • Ethics and administration
  • Income tax and national insurance contribution
  • Capital gains tax and corporation tax on chargeable gains
  • Corporation tax
  • VAT


There are six computer-based assessments that can be taken in any order, at any time.


90 minutes exam for each module


Multiple Choice Questions


All year long as per the student’s convenience


Pearson Vue Testing Center (Various locations in UAE)


Apply for exemptions on the basis of undergraduate qualification


Visit www.icaew.com to enroll and register for the ICAEW CFAB program


Registration fee: One off fee of £165 + VAT and the Exam fee: £65 per Module

Study Materials

Learning materials for ICAEW CFAB course is available from Gillards for the exam. The pack comprises of a Study Manual and a Question Bank. Click here to buy Study Materials from Gillards

Who Should Attend

  • Anyone requiring basics of finance
  • Non-finance staff
  • High school grads
  • Anyone looking at a career in accounting and/or finance.

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  • The training was really good and honestly did exceed my expectations. ..The instructors delivered the content in a very effective manner and were very engaging with the group.

    Maha Maisari, Dubai Properties Group
  • The course was great, great instructor, very knowledgeable. Excellent exercises & instruction.

    Ali Abou El Seond, Gulf Food Industries
  • Thank you, the course was great, valuable and the material can be used in my workplace.

    Aliya Al Suwaidi, Dubai Silicon Oasis Authority
  • Was an excellent training session, very relevant to my daily job description and also could learn new terms and concepts.

    Zubin George
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