Routes to IFA Membership & Units

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.

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.