ICAS Exemptions

If you are ICAS (the Institute of Chartered Accountants of Scotland) qualified, the following exemptions apply. You will need to submit proof of your ICAS qualification when you book on to your chosen ACT qualification.

 

CERTIFICATE IN TREASURY FUNDAMENTALS  (CertTF)

You are eligible for full exemption from the Certificate in Treasury Fundamentals.

This exemption is free of charge. 

CERTIFICATE IN TREASURY (CertT) 

Exemption from the following units of the Certificate in Treasury: Unit 1 I Unit 2 I Unit 3 I Unit 5.

Exemption fee* GBP 210 per unit.

Mandatory unit you need to take to qualify: Unit 4.

Course fee* GBP 495

Assessment fee* GBP 210

Buy exemptions and qualification

DIPLOMA IN TREASURY MANAGEMENT (AMCT)

Exemption from the following units of the Diploma in Treasury Management: 

Unit 1 I Unit 3 I Unit 4B.

Exemption fee* GBP 350 per unit.

Mandatory units you need to take to qualify: Unit 2 I Unit 4A.

Course fee* GBP 745 per unit.

Assessment fee* GBP 350 per unit.

Buy exemptions and qualification

AWARD IN INTERNATIONAL CASH MANAGEMENT (AwardICM)

You are eligible for full exemption from the Award in International Cash Management.

Exemption fee* GBP 140

You can buy your exemption at the same time as you buy your CertICM.

Buy exemption

CERTIFICATE IN INTERNATIONAL CASH MANAGEMENT (CertICM)

You are not eligible for exemption from the Certificate in International Cash Management.

Course fee*: GBP 2,980 

Assessment fee* GBP 210

Buy qualification

 

* Fees are subject to local VAT rate where applicable

When you buy your online learning you also need to become a Student member of the ACT. This costs* GBP 133 for the Certificate in Treasury Fundamentals and the Award in International Cash Management and GBP 224 for all other qualifications. Your Student membership lasts until you have completed and passed the ACT qualification or until your learning licence expires, whichever comes soonest.

 

RECIPROCAL RELATIONSHIPS

If you are qualified with any of the ICAS recognised bodies below, you will be granted the same exemptions available to ICAS accountants. 

  • CAANZ – Chartered Accountants of Australia and New Zealand
  • CAI – Chartered Accountants Ireland 
  • CPA Canada - Chartered Professional Accountants Canada
  • HKICPA – Hong Kong Institute of Certified Public Accountants
  • ICAEW - Institute of Chartered Accountants in England and Wales
  • ISCA - Institute of Singapore Chartered Accountants
  • SAICA – South African Institute of Chartered Accountants.
IF YOU ARE ACT QUALIFIED

If you have already passed an ACT qualification, you are eligible for certain exemptions from ICAS qualifications.   

Exemptions offered to ACT students

The ICAS exemptions that our students would receive are:
 
For students who have passed the Certificate in Treasury (CertT):
– TC Finance
 
For students who have passed the Diploma in Treasury Management (AMCT) and Advanced Diploma in Treasury Management (FCT):
– TC Financial Accounting,
- TC Finance, 
- TPS Strategic Finance & Modelling
 
For students who have passed the Certificate in International Cash Management (CertICM):
 – TC Financial Accounting