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Accounting Exemptions for Graduates of Law & Accounting
There are numerous exemptions granted to those who hold an honours bachelor鈥檚 degree in Law & Accounting from bodies such as (CAI), the (ACCA), the (CPA), the (CIMA), and the (ITI).
Exemptions are granted to students who hold an honours bachelor鈥檚 degree in Law & Accounting as follows:
Chartered Accountants Ireland
CA Proficiency 1 (CAP1): Graduates with a minimum 2.2 award will, under certain conditions, be exempt from CAP 1.
CA Proficiency 2 (CAP2): No exemption
Final Admitting Exam (FAE): No exemption
Association of Chartered Certified Accountants
Fundamentals: Exempt from 7 out of 14 papers
Professional: No exemption
Institute of Certified Public Accountants in Ireland
Foundation 1: Exempt from all 3 papers
Foundation 2: Exempt from all 4 papers
Professional 1: Exempt from 2 out of 6 papers
Professional 2: No exemption
Chartered Institute of Management Accountants in Ireland
Certificate in Business Accounting: Exempt from all 6 papers
Managerial level: Exempt from 2 out of 6 papers
Strategic level: No exemption
Institute of Taxation in Ireland (ITI)
Income Tax Fundamentals: Exempt Financial Reporting & Tax Accounting
Fundamentals: Exempt
Law Fundamentals: Exempt
Capital Gains Tax Fundamentals: No exemption
Part 2: No exemption
Part 3: No exemption
NOTE: This information applies to 2017 graduates. Students who graduate with a Bachelor鈥檚 Degree in Law & Accounting are not in any way prejudiced by virtue of their joint degree and get the same exemptions as any graduate with a degree in Accounting.