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Partner in Learning

Partner in Learning . Jessica Whytehorn Academic education manager. Engagement with ICAEW Credit for prior learning awarded Information on ACA and CFAB qualifications available to students Engagement with graduate recruitment events Use of ICAEW learning materials

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Partner in Learning

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  1. Partner in Learning Jessica Whytehorn Academic education manager

  2. Engagement with ICAEW Credit for prior learning awarded Information on ACA and CFAB qualifications available to students Engagement with graduate recruitment events Use of ICAEW learning materials ACA/CFAB modules incorporated into programme/s Higher Education Institutions (HEIs)

  3. Resources • Primary contact at ICAEW • Key information and advice on ICAEW qualifications, development and policy • Dedicated up to date website • Regular conferences • Icaew.com/partnerinlearning

  4. Case Study CR A T EL CR A T BA EL Business Reporting Business Change Professional skills, business awareness and knowledge from work experience Corporate reporting (CR) Assurance (A) Taxation (T) Business analysis (BA) Ethics and law (EL)

  5. Accountancy markets Audit and assurance Business law Corporate finance Corporate governance Corporate responsibility Finance and management Financial reporting Financial services IT Professional ethics tax Technical resources – icaew.com/technical

  6. Learning materials

  7. ACA/degree programme ACA placement year programme Completing 80% ACA exams as part of degree Incorporating CFAB as diploma Partnership degrees

  8. Certificate in Finance Accounting and Business (CFAB)

  9. Rigorous Free e-membership of Faculties for a year Free membership of library whilst studying No supervised work experience requirements Can be completed in a year Flexible study pattern to suit business needsRange of study options Shared level of finance / business Credit for prior learning available No formal academic entry requirements CFAB - features

  10. How and what will students learn? Accounting (mandatory) Principles of Taxation Business and Finance Law Assurance Management Information

  11. CFAB - options for you • Degree entry route • Postgraduate diploma • Split or block days, evening or mid week courses • Weekend courses • Summer school • Credit for prior learning

  12. Cost of CFAB • Fees • Registration fee £165 • 6 modules exams@ £60 £360 • 6 study manuals @ £20 £120 • Total £645

  13. Newcastle University Business School is delighted to be working with the ICAEW in relation to the CFAB qualification, which will form an integral part of our new Graduate Diploma programme. We believe the content and relevance of the CFAB programme forms an excellent introduction into the areas of Finance, Accounting and Business

  14. Credit for Prior Learning – what it means • Credit for Prior Learning (CPL) also referred to as exemptions. • Students who have undertaken previous learning may have already studied modules covered in the ACA or CFAB • We recognise prior learning and do not require students to sit these papers – but a decision about whether to take a credit can often rest with the employer. • For students with a degree it is possible to claim up to 8 credits; for students with another professional qualification it is possible to claim up to 12 credits.

  15. CPL- applications process • CPL is a highly regulated area by the professional oversight board (POB) • We receive applications for CPL from students, HEIs & Professional Bodies • A self certification process is applied to all • HEIs and Professional Bodies must take responsibility for reviewing their syllabus and matching learning outcomes with that of our own ACA/CFAB syllabus • They must have their CPL application signed off by appropriate person within their organisation • They must update us immediately of any syllabus change that may impact on their credit and they must make an annual declaration to confirm that their courses remain fit for purpose

  16. CPL- applications handling • Jessica – Learning Team: Responsible for initial enquiries from HEIs • Kirsten – Learning Team: Responsible for CPL policy • CPL updated alongside syllabus • Guidance & support for professional bodies and Higher Education Institutions (HEIs) • CPL for Memorandums of Understanding with other professional bodies • CPL audit & review process • Fiona – Applications Team: Responsible for CPL applications • Processing CPL applications for, individuals, HEIs & professional bodies • Updating credits on to Pro database and online directory • Handling students queries – email and phone • Processing annual update – CPL declaration

  17. Thank you for your time icaew.com/partnerinlearning

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