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Training in Latvia

Graduates, school leavers and those with other professional qualifications or experience (such as ACCA or CIMA) can study for the Certificate in Finance, Accounting and Business (ICAEW CFAB) and the ACA in Latvia.

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Who are we?

ICAEW is the Institute of Chartered Accountants in England and Wales. Founded in 1880, we support more than 150,000 ICAEW Chartered Accountants in 155 countries. Our members have successfully completed our qualification, the ACA.

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The ACA qualification

The ACA equips you with in-depth knowledge across finance, accountancy and business and is recognised by employers around the world. Our members hold influential positions  across the globe.

Find out more about ACA  

ICAEW Certificate in Finance Accounting and Business progression to the ACA qualification

ICAEW CFAB

ICAEW CFAB is a globally-recognised qualification in finance, accounting and business. It is open to everyone and can be studied independently or via a tuition provider.

It is formed of six exam modules covering topics including assurance, law and tax. The exams can be completed in any order and are assessed via computer-based assessment at a local exam-centres. As you pass each module, ICAEW will send you a certificate of achievement.

ICAEW CFAB can be achieved in 12 months. Upon completion, you will receive your ICAEW CFAB qualification certificate.

Read more about ICAEW CFAB

First steps to qualifying as a chartered accountant

The six exam modules which form ICAEW CFAB are also the Certificate Level exams of the ACA qualification.

After completing ICAEW CFAB you can register to study the ACA and complete the remaining nine ACA exams and additional ACA requirements to qualify as an ICAEW Chartered Accountant.

There are a number of entry routes to the ACA programme, ICAEW CFAB being a popular choice, and while the minimum academic entry requirement is two A-levels, or the international equivalent, you don’t need a background in business or finance.

The ACA qualification

There are a number of entry routes to the ACA programme, ICAEW CFAB being a popular choice, and while the minimum academic entry requirement is two A-levels, or the international equivalent, you don’t need a background in business or finance.

How is the ACA qualification structured?

Full ACA training is available in Latvia and consists of four essential elements:

  1. exams,
  2. practical work experience,
  3. professional development and
  4. ethics and professional scepticism.

Together, these four elements give you the expertise and added-value skills that help define a chartered accountant. You must successfully complete all four elements to complete the ACA qualification and become an ICAEW Chartered Accountant.

Costs of studying the ACA

There are several fees associated with completing the ACA and qualifying as a ICAEW Chartered Accountant.

Read a breakdown of the costs

Credit for prior learning

If you hold an accounting or business related degree or a professional accountancy qualification that you completed in Latvia, you may be eligible to exemption from some of the ACA exams.

Check our credit directory to see if your university or degree course means you can apply for credit for some of the exam modules.

Read more about applying for credits

Exams

In Latvia Certificate Level exams are held in a test centre in Riga. For professional and Advanced Level exams please book via your online training file. Admission details of your exam will be listed immediately after booking in the application summary page of your online training file.

Tuition providers

Tuition for the ACA and ICAEW CFAB is currently available online through ICAEW accredited partners in learning.

Read a full list of ACA tuition providers

Read a full list of ICAEW CFAB tuition providers

Work experience

You must complete a minimum of 450 days practical work experience over a three-year period with an ICAEW authorised employer.

More information

If you have any questions regarding your application, ICAEW’s student support helpline will be able to help you:

Student Support Team
+44 (0)1908 248 250
Contact us

Join us from another professional body

As a student there are exemptions available for up to 12 of the 15 ACA exams and these can be claimed by applying for Credit for Prior Learning (CPL).

As a member of another professional accountancy body, you may be eligible to join us through one of our reciprocal agreements.

Training internationally

If you want to train for the ACA in another country, you must ensure you are entitled to work in that country. It is your responsibility to understand what work visa you need and how to secure one. ICAEW cannot support you in this process, but your potential employer might be able to offer advice.