FAQs about the ICAEW Certificate in Insolvency

The certificate covers four key areas: legal and regulatory framework (English law), principles of insolvency, corporate and personal insolvency.

• The ICAEW Certificate in Insolvency modules

No. There are no entry requirements. The programme is open to anyone who wants to gain essential, practical knowledge of the principles of insolvency.

ICAEW doesn’t impose any timeframe within which candidates must take the assessment. Study and assessments can be planned to fit in with your workload and business priorities. However, ICAEW encourages candidates to do so within no more than a few months of completing the modules, as the question banks are updated to reflect changes in legislation and insolvency guidance. Candidates can confirm with their tuition provider the exact dates from when questions may be updated. Candidates are limited to four attempts.

No. The ICAEW Certificate in Insolvency is a stand-alone programme. However it can be studied as an additional module to complement existing ACA or CFAB studies.

There are no academic eligibility requirements to sit the JIEB examinations, although you must be registered with a Recognised Professional Body. ICAEW is a Recognised Professional Body and The ICAEW Certificate in Insolvency could serve as a solid basis for study towards the JIEB examinations.

• JIEB examinations 

No. The certificate can serve as a basis for further study towards the JIEB examinations, but it does not provide any exemptions to those examinations.

Registration fee * (non-ICAEW students or members only)	£175 + VAT
Computer-based assessment (per sitting)	£300 + VAT
Tuition and learning materials	The cost of learning materials will be advised by the tuition provider.

_{* If you are already an ICAEW registered student or member you are not required to pay this fee.}

There are no additional fees or CPD requirements once you have gained the certificate, although we recommend that you maintain and enhance your knowledge by continuing your professional development.

You must complete the following three stage process to study for the ICAEW Certificate in Insolvency and to book an assessment.

Stage 1 - Register with the ICAEW

Register as an ICAEW Certificate in Insolvency student, via our online student registration.

Stage 2 - Begin your studies

Decide which tuition provider you wish to study with. See section on tuition providers.

Stage 3 - Book an assessment

Computer-based assessments are held at approved assessment centres.

The computer-based assessment may be taken at a choice of approved assessment centres or via remote invigilation. Your tuition provider will advise you whether you need to book directly with the assessment centre or through them. You will have 2.5 hours to complete the assessment. The pass mark is 55% and candidates may attempt the assessment a maximum of four times.

No. There are no credits for prior learning or exemptions.

The ICAEW Certificate in Insolvency is based on English law and the computer-based assessment is delivered on demand. Find out more about the assessment here.

No designatory letters are awarded with the ICAEW Certificate in Insolvency. You will receive a certificate as a formal record of achievement when you successfully complete the assessment.

You are the only person who will be able to access your assessment result online. You can forward your result to a third party from your online results page if you wish.

ICAEW doesn’t impose any timeframe within which candidates must take the assessment. Study and assessments can be planned to fit in with your workload and business priorities. However, ICAEW encourages candidates to do so within no more than a few months of completing the modules, as the question banks are updated to reflect changes in legislation and insolvency guidance. Candidates can confirm with their tuition provider the exact dates from when questions may be updated. Candidates are limited to four attempts.

The computer-based assessment may be taken at a choice of approved assessment centres or via remote invigilation. Your tuition provider will advise you whether you need to book directly with the assessment centre or through them. To find a test centre click on the ‘Find a Test Center’ link on the PearsonVUE page.

You are allowed a maximum of 2.5 hours to complete the assessment.

The pass mark for the assessment is 55%.

You may attempt the assessment a maximum of four times.

An example of the assessment is available to give students an idea of the style of questions they will be expected to answer in the actual assessment. Your learning materials will also include sample questions reflecting the style and difficulty of the assessment questions. These can be used for practice and revision purposes.