ICAEW Level 4 Apprenticeship: Accounting

The ICAEW Level 4 Apprenticeship in Accounting offers a perfect blend of practical experience and academic learning, designed for those seeking to build a strong foundation in accountancy while advancing their career prospects.

This apprenticeship provides learners with the opportunity to gain the globally recognised ICAEW Certificate in Finance, Accounting, and Business (CFAB). Through hands-on work experience and structured learning, participants develop essential skills in financial reporting, taxation, audit, and management accounting, making them valuable assets to their employers.

Certificate of Achievement

Digital certificate - Included

• ICAEW Brochure - > download

The ICAEW Level 4 Apprenticeship in Accounting is designed for ambitious individuals looking to develop core accountancy and finance skills while working in a professional environment. Delivered in partnership with ICAEW, this programme combines practical on-the-job training with academic learning, offering learners the opportunity to achieve the globally respected ICAEW Certificate in Finance, Accounting, and Business (CFAB).

This apprenticeship equips learners with essential skills in financial reporting, management accounting, taxation, and business ethics, making them valuable contributors to their organisation. With flexible delivery options and expert tutor support, the programme is tailored to meet the needs of both learners and employers.

Syllabus
The apprenticeship covers six key modules, each designed to build critical accounting and business knowledge:

1. Accounting

   • Double-entry bookkeeping principles.
   • Preparation of financial statements.
   • Introduction to control and verification.

2. Management Information

   • Budgeting, costing, and decision-making techniques.
   • Performance measurement.
   • Application of financial data in operational contexts.

3. Business, Technology, and Finance

   • Understanding business structures, governance, and external influences.
   • Introduction to the role of technology in finance.
   • Insights into business strategy and decision-making.

4. Law

   • Basic principles of business and employment law.
   • Legal implications for accountants.
   • Frameworks for ethical decision-making.

5. Principles of Taxation

   • Key taxation principles for individuals and businesses.
   • Introduction to VAT, income tax, and corporation tax.
   • Awareness of compliance and reporting.

6. Assurance

   • Fundamentals of assurance and audit engagements.
   • Risk assessment and internal controls.
   • Reporting and professional responsibilities.

Programme Highlights

• Flexible study options: Choose between live online or classroom-based learning.
• Expert support: Access to experienced tutors and learning materials.
• Practical application: Learn while working, gaining hands-on experience in real-world settings.
• Career progression: Build a pathway to becoming a Chartered Accountant.

This apprenticeship is ideal for learners looking to gain a strong foundation in accounting and finance, while employers can benefit from nurturing skilled talent with the support of government apprenticeship funding.

• Aspiring accountants starting their career journey.
• Employees in finance roles looking to formalise and enhance their skills.
• Businesses seeking to upskill team members with practical, high-quality training.

This apprenticeship is a stepping stone to becoming a Chartered Accountant, providing a solid base for further progression within the ICAEW framework and beyond.

To enrol in the ICAEW Level 4 Apprenticeship, learners must have at least five GCSEs (grades 9-4/A*-C), including Maths and English, and be employed in a relevant accounting role. Strong numeracy skills and attention to detail are essential. Employers must provide 20% off-the-job training, support practical experience, and meet funding requirements. This apprenticeship is ideal for those looking to develop accounting skills while adding immediate value to their workplace

• Progress to the ICAEW Level 7 Chartered Accountant Apprenticeship.
• Qualify for roles like Assistant Accountant, Finance Analyst, or Accounts Manager.
• Build expertise for careers in corporate finance, audit, and management accounting.
• Gain opportunities to work across various industries and sectors.
• Establish a strong foundation for long-term career growth in accounting and finance.