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More than 2,850 employers are authorised to provide training by the ICAEW, with around 6,000 training vacancies open each year. The ACA qualification typically takes three years to complete, though it can take up to five years (generally the maximum length of a training contract). Graduates will often find that the qualification comes as part of finance-related graduate schemes in various firms, though this is not the only route in.
If a PA fails the exam, he/she can apply for the next administration the following year. Currently there are no limits on the number of times a PA can take the CAQ exam. However, the PA must pass the exam within six years of initiating the CAQ process or he/she will have to start the process anew.