Studying on IFA Direct is ideal if you are looking for a route to membership, gaining a practising certificate or want to invest in relevant continuing professional development.
You will develop your knowledge and skills and gain a broader and deeper understanding of key subjects relevant to accountants and tax advisers in, or supporting, small businesses.
14 units, three routes to membership
| Institute designation | Institute grade | IPA designation | IPA membership grade | Access to PC (UK only) | Suitable for |
|---|---|---|---|---|---|
| IFA | Intermediate Financial Accountant | AIPA | Associate | Not eligible | Accounting technicians/junior and intermediate accountants |
| AFA | Associate | MIPA | Member | For eligible members only | Members in practice/senior accountants |
| ATA | Associate Tax Adviser | For eligible members only | Tax advisers |
Intermediate Financial Accountant IFA AIPA route
| Level |
Unit |
Credit value |
GLH |
|---|---|---|---|
| Level 4 |
Financial Accounting 1 |
15 |
60 |
| Financial Accounting 2 |
15 |
60 |
|
| Budgetary Control |
15 |
60 |
|
| Cost and Management Accounting |
15 |
60 |
|
| Personal Taxation |
15 |
60 |
|
| Business Environment |
15 |
60 |
|
| Law for Accounting |
15 |
60 |
Associate AFA MIPA route
| Level |
Unit |
Credit value |
GLH |
|---|---|---|---|
| Level 4 |
Financial Accounting 1 |
15 |
60 |
| Financial Accounting 2 |
15 |
60 |
|
| Budgetary Control |
15 |
60 |
|
| Cost and Management Accounting |
15 |
60 |
|
| Personal Taxation |
15 |
60 |
|
| Business Environment |
15 |
60 |
|
| Law for Accounting |
15 |
60 |
|
| Level 5 |
Financial Reporting |
30 |
120 |
| Financial Management |
30 |
120 |
|
| Financial and Management Control |
30 |
120 |
|
| Business Taxation |
15 |
60 |
|
| Assurance |
15 |
60 |
|
| Level 7 |
Core Reporting for Strategic Business – Advanced |
20 |
60 |
| UK Taxation for Business and Individuals - Advanced |
20 |
60 |
Detailed information on each unit syllabus is available on syllabus aims
Associate AFA MIPA route
|
Level |
Unit |
Credit value |
GLH |
|
Level 4
|
Financial Accounting 1 |
15 |
60 |
|
Financial Accounting 2 |
15 |
60 |
|
|
Personal Taxation |
15 |
60 |
|
|
Business Environment |
15 |
60 |
|
|
Law for Accounting |
15 |
60 |
|
|
Level 5 |
Business Taxation |
15 |
60 |
|
Level 7 |
UK Taxation for Business and Individuals - Advanced |
20 |
60 |
Detailed information on each unit syllabus is available on syllabus aims
Exemptions
If you already hold an accounting or associated degree or masters degree or have completed or part-completed a professional accounting qualification you may not be required to undertake all the units.
The units you need to complete to achieve Intermediate, Associate or Associate Tax Adviser status will be dependent on the units that form part of your previous qualifications.
Exemptions will be awarded based upon previous relevant qualifications i.e., if you have part-qualified with a professional body such as ACCA or AAT or have taken modules within a bachelors or masters degree which are equivalent to the units provided within IFA Direct.
The units you need to complete to achieve Intermediate, Associate or Associate Tax Adviser status will be dependent on the units that form part of your previous qualifications.
Exemptions will be awarded based upon previous relevant qualifications i.e., if you have part-qualified with a professional body such as ACCA or AAT or have taken modules within a bachelors or masters degree which are equivalent to the units provided within IFA Direct.
A route tailored for you
Once we receive your application form together with your certified qualification transcripts and certificates, we will provide you with a tailored route to membership based upon your requirements and advise you of any exemptions you are eligible for.
Credit value
This is the number of credits that will be awarded to a learner who has achieved each unit. The credits that you achieve accumulate and can be used towards completion of the full ATHE accountancy qualifications or can be transferred towards additional study for example a top-up degree.
Guided learning hours (GLH)
This is an estimate of the amount of time, on average, required to achieve a unit to the appropriate standard.
