The direct route to membership

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Register by 19 October for modules:  


Modules run for six weeks from 9 November - 18 December 2020



Coronavirus update for IFA Direct students

We can confirm that the IFA Direct modules will continue during this period and there will be no break in availability.

If you are intending to book modules starting on 21 September 2020 these will continue as normal. If you are unable to take your assessment at the centre, CU Coventry will arrange for you to take your assessment online at home.

If you have any queries with regard to your tuition or taking your assessment please do not hesitate to contact Susan Dival at or the CU Coventry online team at

We are here to help and support you. 

A unique modular way to study towards IFA membership

Associate membership of the IFA will deliver the professional recognition that comes with being able to call yourself a Financial Accountant. In addition, you will receive dual membership of the IPA and be able to use the designatory letters AFA/MIPA.

IFA membership brings access to a community of like-minded professionals who benefit from supportive branch meetings, expert technical materials and inspiring conferences and CPD workshops.

Studying towards IFA membership with IFA Direct will enhance your personal and professional reputation by developing your knowledge and skills. You will gain a broader and deeper understanding of key subjects relevant to accountants in or supporting small businesses.


To be eligible to apply for IFA membership at Associate level there are up to 10 modules to complete:

103 Principles of taxation
104 Credit management and control
107 Financial statements, internal controls and systems in a business environment
108 Budgeting in a business environment
201 Management information
203 Law for accounting
208 Business finance
209 Financial reporting
301 Assurance
302 Advanced taxation

Direct route to Associate Tax Adviser membership

To apply for IFA membership at Associate Tax Adviser level there are two modules to complete:

103 Principles of taxation
302 Advanced taxation

For membership of the IFA either at Associate or Tax Adviser status you must also meet all the criteria for membership. See routes to membership for further information.

Cost per module

Each module costs £770 which includes the student registration fee and all the features detailed.

Payment plan

We understand that sometimes it’s difficult to cover the cost of professional development. That’s why we offer a bespoke flexible interest-free payment plan that lets you pay for your studies in instalments prior to registration deadlines, meaning you can focus on your learning.

Please contact the education team at for further information.