Training

Assurance unit

The CAA’s eligibility criteria include that the accountant must be able to demonstrate that they have taken and passed a professional examination covering assurance work as approved by the CAA (this may be limited to accountant units of a professional qualification).

For ACCA members, this is F8 Audit and Assurance or P7 Advanced Audit and Assurance, or previous equivalents. For ICAEW members, these are certificate-level assurance units of the ACA qualification.

If you have not passed a professional examination covering assurance work but want to apply for a licence, you can register with us to take the IFA Direct assurance unit. The total fee for the online unit, including tuition support, resource materials and exam, is £770. If you have any queries on the assurance unit, please email the education team at education@ifa.org.uk.

CAA online ATOL training

Accountants must register and complete the ATOL holder training unit required by CAA prior to the granting of the licence by the IFA. 

To apply to do the online ATOL training unit, IFA members need to e-mail the CAA at CAA.ARAscheme@caa.co.uk with the following information:

• Name
• Surname
• E-mail address
• Name of professional accountancy body
• Membership number.

If you have not completed the course, you can still submit your application to the IFA, including the date when you expect to complete the course. Once you have completed the course, please e-mail the pass certificate to the membership department or post to

The Institute of Financial Accountants
502 Clerkenwell Workshops
27-31 Clerkenwell Close
Farringdon
London EC1R 0AT