PracticeConsultingHigher pass rate with new qualification

Higher pass rate with new qualification

Trainees sitting the English ICA's new qualification are expected to gain a higher pass rate than in previous years.

The prediction comes as the institute launches its ‘new economy model’ qualification in response to the changing demands on accountants.

Executive director of education and training, Brian Chiplin, said: ‘There were too many holes in the previous system.’

The new qualification will use the institute’s own materials for the first time which Chiplin says will ‘remove a considerable amount of uncertainty’ between syllabus and final exams.

Chiplin said: ‘We will for the first time, provide teaching materials as part of a broader thrust towards closer integration of the courses and examinations.’

The education team putting together the new qualification has faced growing scepticism, both internally and externally, in the lead-up to today’s launch.

But, Chiplin said: ‘I can genuinely say that we have achieved our goal. These last 24 months have had something of the epic about them. The struggle to win hearts and minds, to convince a sceptical audience that we could deliver. Defections to the north of the border, detractors from the press, knife-edge deadlines and a seemingly impossible delivery date.’

Materials for the advanced level of the new qualification which entail the more business-oriented aspects of the course will not be available until next summer.

ICAEW looks to future with new ACA

English ICA results list

Related Articles

5 tips for SMEs to protect cash flow

Accounting Software 5 tips for SMEs to protect cash flow

5m Alia Shoaib, Reporter
Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

Consulting Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

11m Stephanie Wix, Writer
Managing partner Q&A - the year ahead: Richard Toone, CVR Global

Accounting Firms Managing partner Q&A - the year ahead: Richard Toone, CVR Global

12m Kevin Reed, Writer
Deloitte 'self-imposes exile' on government contracts to defuse PM row

Accounting Firms Deloitte 'self-imposes exile' on government contracts to defuse PM row

12m Kevin Reed, Writer
Managing partner Q&A - the year ahead: Julie Adams, Menzies

Accounting Firms Managing partner Q&A - the year ahead: Julie Adams, Menzies

12m Kevin Reed, Writer
Friday Afternoon Live: Deloitte's tech thing; PAC wants HMRC 'contingencies'; and Sports Direct

Business Regulation Friday Afternoon Live: Deloitte's tech thing; PAC wants HMRC 'contingencies'; and Sports Direct

1y Kevin Reed, Writer
Friday Afternoon Live: HMRC complaints rise; Deloitte scoops big audits; and corporate reporting woes

Audit Friday Afternoon Live: HMRC complaints rise; Deloitte scoops big audits; and corporate reporting woes

1y Kevin Reed, Writer
New head of equity capital markets for KPMG

Accounting Firms New head of equity capital markets for KPMG

1y Stephanie Wix, Writer