Icaew Business Challenge

[Juliane Bari]

Fromsoftware start-ups to high-flying airlines and high street banks, 98% of the best global brands rely on ICAEW Chartered Accountants. A career as an ICAEW Chartered Accountant means the opportunity to work in any organisation, in any sector, whatever your ambitions.

The ICAEW Chartered Accountant qualification, the ACA, is one of the most advanced learning and professional development programmes available. It is valued around the world in business, practice and the public sector.

Train the next generation of chartered accountants in your business or organisation. Discover how your organisation can attract, train and retain the best accountancy talent, how to become authorised to offer ACA training and the support and guidance on offer if you are already providing training.

All ACA, ICAEW CFAB and Level 4 apprenticeship learning materials are now digital only. Read our guide on how to access your learning materials on the ICAEW Bookshelf using the BibliU app or through your browser.

Focusing on professional scepticism, ethics and everyday business challenges, our training films are used by firms and companies around the world to support their in-house training and business development teams.

Attract and retain the next generation of accounting and finance professionals with our world-leading accountancy qualifications. Become authorised to offer ACA training and help your business stay ahead.

Continuing Professional Development (CPD) is an integral part of being a successful ICAEW Chartered Accountant. Find support on ICAEW's CPD requirements and access resources to help your professional development.

ICAEW boasts an extensive portfolio of industry-leading conferences. These flagship events offer the opportunity to hear from and interact with all the key players in the industry. Find out what's coming up.

If you think chartered accountants spend their lives confined to their desks, then think again. They are sitting on the boards of multinational companies, testifying in court and advising governments, as well as supporting charities and businesses from every industry all over the world.

Welcome to ICAEW! We have pulled together a selection of resources to help you get started with your ACA training, including our popular 'How To' series, which offers step-by-step guidance on everything from registering as an ACA student and applying for CPL, to using your online training file.

The ACA qualification has 15 modules over three levels. They are designed to complement the practical experience you will be gaining in the workplace. They will also enable you to gain in-depth knowledge across a broad range of topics in accountancy, finance and business. Here are some useful resources while you study.

You will receive your results for all Certificate Level exams, the day after you take the exam and usually five weeks after a Professional and Advanced Level exam session has taken place. Access your latest and archived exam results here.

We are here to support you throughout your ACA journey. We have a range of resources and services on offer for you to unwrap, from exam resources, to student events and discount cards. Make sure you take advantage of the wealth of exclusive benefits available to you, all year round.

ICAEW's Thought Leadership reports provide clarity and insight on the current and future challenges to the accountancy profession. Our charitable trusts also provide funding for academic research into accountancy.

Our resources by country provide access to intelligence on over 170 countries and territories including economic forecasts, guides to doing business and information on the tax climate in each jurisdiction.

The audit, assurance and internal audit area has information and guidance on technical and practical matters in relation to these three areas of practice. There are links to events, publications, technical help and audit representations.

Sustainability describes a world that does not live by eating into its capital, whether natural, economic or social. Members in practice, in business and private individuals all have a role to play if sustainability goals are to be met. The work being undertaken by ICAEW in this area is to change behaviour to drive sustainable outcomes.

ICAEW Faculties are 'centres of technical excellence', strongly committed to enhancing your professional development and helping you to meet your CPD requirements every year. They offer exclusive content, events and webinars, customised for your sector - which you should be able to easily record, when the time comes for the completion of your CPD declaration. Our offering isn't exclusive to Institute members. As a faculty member, the same resources are available to you to ensure you stay ahead of the competition.

We aim to support you wherever in the world you work. Our regional offices and network of volunteers run events and provide access to local accounting updates in major finance centres around the globe.

ICAEW 100 is a swift 30-minute online exercise open to all university students regardless of degree discipline or year of study. If you have a keen interest in accountancy and would like to learn more about it as a career, this competition is definitely for you!

The online exercise assesses participants' strengths, provides a personalised feedback report and shares a real insight into the world of chartered accountancy. The better a participant's score, the higher they will place on the ICAEW 100 leaderboard.

ICAEW 100 welcomes all current university students in the UK, irrespective of year of study or the degree discipline. Whether you study an accounting degree or simply curious about the world of finance and business, this competition is tailored for you.

At the heart of ICAEW 100 lies a dynamic and engaging online exercise, one that will challenge you, expand your horizons and provide insight into the world of chartered accountancy. During the exercise, you'll find yourself in the shoes of ICAEW Chartered Accountants, making tough decisions and facing scenarios that mimic challenges faced by the profession.

Participating in the ICAEW 100 competition was an enriching experience that enhanced my professional skills and fostered personal growth. I was given exposure to a range of business challenges and diverse work scenarios chartered accountants face. It allowed me to test my critical thinking and strategic decision-making abilities to deliver effective solutions.

We're the Institute of Chartered Accountants in England & Wales (ICAEW). We train, support and develop aspiring chartered accountants throughout their qualification and beyond. We are considered a leader in the accountancy and finance profession due to our robust qualification programmes, our expert technical knowledge and the wide ranging senior roles our members hold.We help talented individuals develop the knowledge, skills and experience they need to perform at the highest level in accountancy, finance and business.

I participated in a business challenge conducted by Universiti Malaya Accounting Club (UMAC) & Institute of Chartered Accountants in England and Wales (ICAEW) on 12 January 2024. It was an impromptu decision to join the competition. Anyhow, what a way to start my 2024!

The questions per se contain a lot of information which require a relatively long time to dive into. However, due to time constraints, efficient parts distribution and comprehensive discussion at that point of time were vital. We were trying to conduct researches, ponder ideas, and discuss efficiently.

The presentation slides were needed to be submitted at 7 a.m. on 12 January 2024. Fun fact, everyone of us had class on 11 Jan. Some of us start preparing after 12 p.m. and we only got to discuss at around 6pm. Surprisingly, our discussion ended at around 9 p.m. and our presentation slides were done before 12 a.m. Luckily, we did not have to pull all-nighter to get it done! We got to have a good sleep before the presentation.

On 12 January, we were the second last group to present and that was why we could come just a little bit later. Our presentation went well but I strongly believe that we have much more space to improve in terms of the way of delivering and presenting. After our presentation, we had our breakfast at another room while waiting for the result. So here is the result:

Receiving this acknowledgment from the esteemed judges from ICAEW further motivates us to continue pushing the boundaries of innovation and excellence. We sincerely appreciate the time, effort, and expertise they dedicated to evaluating our presentation and providing valuable feedback. This experience will undoubtedly guide us as we strive for continuous improvement in our future endeavors.

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