Institues – CIPFA ‘regrets’ exam error

Institues - CIPFA 'regrets' exam error

The chairman of CIPFA’s examinations board said this week he ‘regretted’ an exam error which led to protests from students and senior members of the institute.

John Watley sought to reassure students that the mistake in December’s P1 ‘Information Management and Control’ paper would not harm their chances.

The error prompted a public rebuke from Southampton Business School’s deputy dean, professor Gerald Vinten, a CIPFA member.

‘CIPFA regrets the one error in its 48 examination professional accountancy papers published in 1998,’ Watley said. ‘That is one error too many, in my view.’

He added: ‘P1 students have been kept informed by CIPFA, at this sensitive time, of the proposed treatment, and that independent investigations and a through audit of systems is being carried out.

‘Each student’s performance has been thoroughly reviewed on an individual basis and appropriate and consistent results determined, taking account of the error.’

Share

Subscribe to get your daily business insights

Resources & Whitepapers

The importance of UX in accounts payable: Often overlooked, always essential
AP

The importance of UX in accounts payable: Often overlooked, always essentia...

2m Kloo

The importance of UX in accounts payable: Often ov...

Embracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...

View article
The power of customisation in accounting systems
Accounting Software

The power of customisation in accounting systems

2m Kloo

The power of customisation in accounting systems

Organisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...

View article
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y Accountancy Age

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
8 Key metrics to measure to optimise accounts payable efficiency
AP

8 Key metrics to measure to optimise accounts payable efficiency

2m Kloo

8 Key metrics to measure to optimise accounts paya...

Discover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...

View article