The ICAEW Certificate in Insolvency covers four key areas to ensure that students have a good grounding in the fundamentals of insolvency work and provides a basis for progression to a more advanced qualification in insolvency.
Specification grid
This grid shows the relative weightings of subjects and should guide the relative study time spent on each area.
Syllabus area | Weighting (%) |
---|---|
The legal and regulatory framework for insolvency | 15 |
Concepts and principles of insolvency | 25 |
Corporate insolvency | 40 |
Personal insolvency | 20 |
Total | 100 |
Legal and regulatory framework for insolvency - English law
- Insolvency legislation and regulatory requirements
- Role of courts
- Joint Insolvency Committee
- Statements of Insolvency Practice (SIPs)
- Qualification requirements to be a licensed insolvency practitioner
- Professional ethics
Concepts and principles of insolvency
- Definition of insolvency
- Types of insolvency
- The insolvency practitioner
- Impact on employees, creditors and other affected parties
- Assets and transactions
- Statement of affairs, other reports and estate accounting
Corporate insolvency
- General concepts and processes
- Voluntary liquidations (members and creditors)
- Compulsory liquidations
- Company voluntary arrangements (CVAs) and schemes of arrangement
- Administration
- Administrative and other receiverships
- Turnaround and restructuring
Personal insolvency
- General concepts and processes
- Individual voluntary arrangements (IVAs)
- Bankruptcy
- Insolvent partnerships
- Other solutions to personal insolvency problems (statutory and non-statutory)
Course syllabus
The ICAEW Certificate in Insolvency syllabus covers everything an aspiring insolvency and restructuring professional needs to know.
ICAEW certificate in insolvency syllabusICAEW Certificate in Insolvency for exams from 1 July 2022