More than 80% of institute trainees passed their last-stage exams – the best since the case study paper was introduced in 1994.
The exams, which were sat in July, were the last before the new advanced stage exams are introduced in November.
Phil Armitage, the institute’s education director, denied the exams had become easier to pass. ‘The students may well be becoming brighter,’ he said. ‘The amount of preparation that goes into the exams is enormous.’
At the same time, the institute announced students who were due to sit the new papers would be sent a booklet on how to pass the advanced stage exams, which would emphasise the need for practical experience.
‘We have been emphasising for two or three years the importance of being able to apply a range of technical skills in a business situation,’ Armitage said.
The 1,500 or so trainees that passed the final exam will be able to apply for full institute membership in the near future.
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Company bosses are considering relocating operations or headquarters away from the UK following the country's decision to leave the European Union