CertHE Professional Accounting

Our internally-assessed CertHE Professional Accounting allows you to claim exemptions for all modules of the ICAEW (Institute of Chartered Accountants in England and Wales) Certificate in Finance, Accounting & Business (‘CFAB’).

CFAB is both a standalone business qualification in its own right and also the precursor qualification to ICAEW’s ACA Qualification.

CFAB is an internationally-recognised certificate that teaches essential knowledge in business, finance and accounting.

On completion you will have gained full exemptions from the globally recognised ICAEW CFAB qualification that shows you are equipped with the essential knowledge and skills to succeed in a career in business.

Please see our 2024/25 professional accounting brochure for more details.

UCAS Code Study Mode
2024
Duration Start Date Campus Campus Code
N/A Part-time 1 Year September Newport City C
UCAS Code Study Mode
2025
Duration Start Date Campus Campus Code
N/A Part-time 1 Year January Newport City C
N/A Part-time 1 Year September Newport City C

Suitable for all, our CertHE teaches essential practical skills and knowledge for today’s fast-moving business world. It can open up many new career options, help you get a job or promotion, or assist you in your current role.

The key essentials of accounting, business and finance are covered across six modules.

Year one

You will study Financial Accounting, Management Accounting, Business & Technology, Corporate & Business Law, Principles of Tax and Assurance.

Financial Accounting

Financial Accounting is a fundamental building block of accountancy, concerned with the profits, losses, assets and liabilities of organisations. This module provides an introduction to the terminology and practices of financial accounting, including double entry bookkeeping and financial reports. Students are taught to apply knowledge to different forms of business organisation.

Management Accounting

Management Accounting is another fundamental area of accounting. This module provides an introduction to the objectives and techniques of management accounting in a business context, including costing, budgeting and variance analysis. Understanding costs and being able to budget are vital skills for the survival of any organisation.

Business and Technology
This module develops an awareness of the business environment in which accounting and finance fits (including types of organisations and corporate governance), and the skills needed in order to thrive in this environment.

Corporate and Business Law
This module provides the understanding needed of the general legal framework that applies in England and Wales, including the sources of law, and specific areas of law relating to business and finance.

Principles of Tax
This module enables students to understand the general objectives of taxation and to calculate income tax, national insurance contributions, capital gains tax, corporation tax and VAT in straightforward scenarios. As such, the module introduces the basics of the UK tax system.

Assurance
Audit and assurance acts as the cornerstone of the financial system, giving investors confidence that companies are fairly reporting their position and results. This module aims to develop knowledge and understanding of the assurance process and the fundamental principles of ethics, including the assessment of internal controls and gathering of evidence on an assurance engagement.

 

Teaching

Our classes are taught in a workshop format that will contain lecture, tutorial and individual or group exercise elements, plus directed self-study.

You will be taught by experienced qualified accountants and specialists who are active within the accounting and finance industry. Our lecturers also have significant experience of providing pastoral care and guidance to undergraduate students.

We pride ourselves on offering a supportive, nurturing environment where students can develop their confidence, technical abilities and employability skills. We bring accounting concepts to life using our real-world experience of: working in the industry; interacting with professional bodies and local employers; and conducting research into the profession.

Assessment

Four modules are assessed by a combination of examination and coursework. There is a variety of coursework – helping you develop your employability skills through the appraisal of case study scenarios, the use of IT and the preparation of written reports. Two modules are assessed by exam only.

Accreditations

The University of South Wales is recognised as an ICAEW Partner in Learning, working with ICAEW in the professional development of students. The University has a rich history of providing first class tuition for professional accountancy courses. We have been awarded PQ Magazine's 'Public Sector Accountancy College of the Year' three times, and our students have won multiple awards, including awards for the highest marks in Wales.

Placements

While placements are not a formal part of this course, all USW students are able to make use of our Careers department facilities; Careers regularly promote placement opportunities that are available to all students.

Facilities

The CertHE Professional Accounting is taught at our state-of-the-art campus on the banks of the river Usk in Newport city centre. Newport Campus has excellent teaching rooms and computer labs, a library and an on-campus coffee shop. The campus is easily accessible from Newport train station and M4 Junctions 27 and 28 with ample safe, secure parking on the doorstep.

We regularly revalidate courses for quality assurance and enhancement

At USW, we regularly review our courses in response to changing patterns of employment and skills demand to ensure we offer learning designed to reflect today’s student needs and tomorrow’s employer demands.

If during a review process course content is significantly changed, we’ll write to inform you and talk you through the changes for the coming year. But whatever the outcome, we aim to equip our students with the skillset and the mindset to succeed whatever tomorrow may bring. Your future, future-proofed.

Full-time fees are per year. Part-time fees are per 20 credits. Once enrolled, the fee will remain at the same rate throughout the duration of your study on this course.

August 2024 - July 2025 Fees


  • Part-time UK: TBC

August 2025 - July 2026 Fees


  • Part-time UK: TBC

Student Perks

At the University of South Wales, you’re investing in so much more than a degree. We strive to provide our students with the best possible experience, no matter what you chose to study. Whether it’s access to top of the range mac books and PCs, state-of-the-art facilities packed with industry-leading equipment and software, masterclasses and events led by industry experts, or a wide range of clubs and societies to meet likeminded people, better tomorrows start with extra perks.

Each course also has their own unique student benefits to prepare you for the real word, and details of these can be found on our course pages. From global field trips, integrated work experience and free course-related resources, to funded initiatives, projects working with real employers, and opportunities for extra qualifications and accreditations - at USW your future, is future-proofed.

Click here to learn more about student perks at USW.

Additional Costs

As a student of USW, you’ll have access to lots of free resources to support your study and learning, such as textbooks, publications, online journals, laptops, and plenty of remote-access resources. Whilst in most cases these resources are more than sufficient in supporting you with completing your course, additional costs, both obligatory and optional, may be required or requested for the likes of travel, memberships, experience days, stationery, printing, or equipment.

Funding

Funding to help pay for (or cover) course tuition fees and living costs

Whilst you’re studying, you’ll have two main financial obligations – tuition fees and living costs. There’s lots of financial help available from the University of South Wales and external funding sources, that may provide loans (which have to be paid back) and grants, scholarships and bursaries (that don't).

To learn about course fees, funding options, and to see if you are eligible for financial support, visit our Fees and Funding pages.

If you are looking to increase your business skills for your current role, or are considering a career in business or want to start your own company – then the CertHE (and the ICAEW CFAB exemptions that it gives you) is ideal for you.

Popular career paths:

  • Starting your own company
  • A career in many areas of business
  • Jobs with more budgetary/financial responsibility in your current organisation, whether that be in the private, public or third sectors