ICAEW Business and Finance Professional
ICAEW Business and Finance Professional (BFP) is an internationally recognised designation and professional status from one of the world's leading membership organisations.
Register your interestICAEW Business and Finance Professional (BFP) is an internationally recognised designation and professional status from one of the world's leading membership organisations.
Register your interestBFP is an internationally recognised designation that shows you have the technical knowledge, skills and experience in business and finance. It is also a stamp of professional recognition, demonstrating that you meet the standards of a membership organisation.
A great stepping stone towards chartered accountancy, BFP is also a professional title in its own right that will help you become a well-respected professional in any organisation and prepare you for more senior roles.
The BFP designation combines technical knowledge with work experience and an understanding of ethics. There are three requirements you have to meet to become an ICAEW Business and Finance Professional (BFP):
The ICAEW Certificate in Finance, Accounting and Business (ICAEW CFAB) is an internationally recognised qualification comprised of six modules covering the essentials in finance, accounting and business.
Work experience
To apply for the designation you will have to demonstrate 12 months’ work experience in a business and/or finance role. This will need to be properly signed off and you will need to you have acquired the essential business skills listed. If you don’t yet meet this requirement, you can still start your BFP student journey and complete your work experience at a later stage and before you apply for the designation.
In addition to the prestige associated with the BFP designation, ICAEW Business and Finance Professionals also have access to a wide range of resources to support them in their personal and professional development. Here is an overview of what is included:
If you’re new to ICAEW, your first step will be to sign up for ICAEW CFAB. You will then have access to the six modules, so you can start studying for the qualification and gain essential business knowledge. If you are already an ICAEW student, currently studying for ICAEW CFAB or the ACA, you can skip this step and go straight to step 2.
Register for ICAEW CFABUsing your ICAEW student number, you can register to start the BFP journey for free. This will provide you with access to the Ethics Learning Programme and allow you to send over your 12 months’ work experience so you can tick off two of the requirements.
register for bfpOnce you have completed ICAEW CFAB, passed the online Ethics Learning Programme and had your work experience properly signed off,
you can apply to become a BFP.After you submit your application, we will assess everything and send you confirmation of your BFP status. This means that you will be able to call yourself a BFP and demonstrate that you have gained professional recognition from an international membership organisation. To become a BFP and retain your title, there’s a one-off registration fee of £25. The annual subscription fee is £125, or £50 if you’re earning less than £28,028 p.a.