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ICAEW Certificate in Finance, Accounting & Business (ICAEW CFAB) (click here for more info)

ICAEW CFAB is an internationally recognised certificate that teaches essential knowledge and practical skills in business, finance and accounting. The qualification comprises 6 modules, benchmarked at Level 4, and provides an initial grounding in all key areas of accounting. The course is delivered by experts from the USW School of Law, Accounting and Finance.

Who is this for?

  • Relevant for anyone that has financial responsibility in a business or organisation.
  • Individuals who want to obtain CFAB as a ‘standalone’ qualification – e.g. managers in organisations who are required to use financial skills on a regular basis.
  • Individuals who just want a short course in accounting and do not require a qualification.


The six modules in the CFAB qualification cover the following areas:

Accounting: This module introduces students to the preparation of ‘accounts’ or ‘financial statements’ – the periodic financial reports that organisations have to produce to report their profit/loss, assets and liabilities.

Assurance: What is assurance and why is it needed? This module introduces students to the area of audit and assurance – the independent checking of and reporting on financial information produced by others.

Business, Technology and Finance: This module introduces students to the way businesses are run and financed. It covers business objectives, functions and the accountancy profession. This module is mainly studied via e-learning.

Law: This module introduces students to corporate and business law. It covers the impact of civil and criminal law on business and professional services. This module is mainly studied via e-learning.

Management Information: This module demystifies and introduces students to the key areas of management accounting, including costing and pricing, budgeting and forecasting.

Principles of Tax: This module introduces students to key, basic notions of tax. It covers various types of tax, such as income tax, national insurance contributions, VAT, corporate tax and chargeable gains.

All modules include professional ethics.

Tuition Cost

£550 standard fee per module (£440 discounted fee for accounting practice customers).

Tuition fees include the cost of ICAEW study materials but exclude any fees payable directly to the ICAEW professional body. For the latest information on student fees payable to ICAEW (including student membership and exam entry fees), visit: about-icaew-cfab/register-as-a-cfab-student

To book a place, please contact us on 01443 482482 or email [email protected].

Money Matters: An exploration of our relationship with money (click for more info)

15th and 16th September 2018, Newport City Campus, Usk Way Newport NP20 2BP

This workshop will be a participatory workshop where we will all take part, develop our thinking and our understanding of ourselves and each other in relation to our history, current and future interaction with money. You will be invited to talk in depth about money and your relationship with it.

Within each step we will consider our client work, opening our understanding of clients and the integral, many and varied ways money permeates our lives.
This will broaden our ability to talk about money both personally and within our client work.
This workshop will not look at how to earn money.
The workshop is challenging and eye opening; a very fresh look at self, which will lead into client work.

Please bring a notebook for recording your personal process, a one-pound coin and a postcard size envelope.

Tuition Cost

£120 per delegate.

Click here to book. To book a place, please contact us on 01443 482482 or email [email protected].

I’m really glad I chose USW Commercial Services so wanted to let you know and also thank you for providing me with the tools for a completely new career

Project Manager, NHS Strategic Health Authority, South of England

I can definitely recommend the course and USW Commercial Services Ltd

Claire James, Training Officer, Memory Lane Cakes

Good level of discussion throughout. Nice and informal, relaxed debate generated by the tutor

Delegate, FA Wales