Introduction to the Qualification
Study Text
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Price: £130.00
ISBN: 9870751797060
Suitable for: exams in 2011 and
2012
Description: The study manual, written and
updated by experts in the field, provides comprehensive coverage of
all the topics in the syllabus. Produced in two colours it is easy
on the eye and easy to navigate. Each chapter starts with an
introduction, setting out learning objectives and putting the
subject matter into both the practical and the examination context.
Each section starts with an overview, setting the scene and helping
to guide the reader through the text. There are interactive
questions to help students to test their knowledge as they study,
and each chapter concludes with a summary, expressing the content
diagrammatically and self test questions and answers.
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Question Bank
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Price: £90.00
ISBN: 9870751797077
Suitable for: exams in 2011 and 2012
Description: The question bank
will test your knowledge of the syllabus. Tests are grouped into
areas to help focus your revision. Final revision tests are also
included to check that you have a good all round knowledge of the
syllabus before taking the exam. The ICAEW pilot paper is also
included for you to get exam practice before the real
thing.
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Passcards
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Price: £50.00
ISBN: 9870751796834
Suitable for: exams in 2011 and 2012
Description: The ICAEW Certificate in
Insolvency Passcards are small, clearly-presented revision aids
using diagrams and memorable phrases to summarise the topics
covered in the Study Manual. To make things easier, the chapters in
the Passcards match those in the Study Manual. Use these cards when
you are getting closer to the exam and want to revise a topic
quickly. Their smaller size and comprehensive syllabus coverage
makes them ideal for revision on the move.
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The Professional Body
As a world-class professional accountancy
body, The Institute of Chartered Accountants in England and Wales
(ICAEW) provides leadership and practical support to over 132,000
members in 160 countries.
Renowned for its ACA qualification, the ICAEW
has also introduced a number of more specialist niche
qualifications, including the launch in 2010 of the Certificate in
Insolvency. The ICAEW is the UK’s largest insolvency
regulator.
What is the qualification?
The Certificate provides a practical
introduction to the work of an insolvency practitioner.
It can be studied as a standalone
qualification or as an additional qualification to complement
either the ACA or CFAB.
Computer-based exams are held at frequent
intervals throughout the year, so you can time your study and exam
session to suit your own needs.
Who is the qualification for?
The qualification is designed for those
considering embarking upon a career in the insolvency profession,
whether via the accountancy or legal professions. Participants may
have prior qualifications in either accountancy or the law,
but the qualification is also suitable for unqualified team
members working on insolvency cases on a daily basis.
It provides an ideal first step for anyone
planning to study for the Joint Insolvency Examinations Board
(JIEB).
Entry requirements
No prior knowledge is required and there are no formal entry
requirements.
Short outline of the syllabus
Legal and regulatory framework for insolvency - English law
(15%)
- 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 (25%)
- 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 (40%)
- 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 (20%)
- General concepts and processes
- Individual voluntary arrangements (IVAs)
- Bankruptcy
- Insolvent partnerships
- Other solutions to personal insolvency problems (statutory and
non-statutory)