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CA STUDENT MEMBER HANDBOOK

2013

Welcome

Eligibility requirements for Membership of ICAS

Entry requirements

CA Qualification

Exemptions 4
Education Delivery

Test of Competence

Test of Professional Skills

Test of Professional Expertise

Business Ethics

Request for Further Attempts at Exams

10

Training Contract and Authorised Training Offices

11

Work Experience

14

Admission as a Member

16

CA Student Society

17

Note: The terms CA Student is used throughout to mean


CA Student Member as defined in the ICAS Rules.

WELCOME

Welcome to the CA Student Handbook.


The aim of the Handbook is to provide you
with an overview of the CA Qualification
and the requirements in place relating to
completing your qualification with ICAS.
It will be updated annually to reflect any
changes to the qualification requirement.
It should also provide you with helpful
information and act as a useful reference
at various points during your training.
This Handbook is applicable to all CA
Students completing the CA Qualification
through the following course structures:
Block (TC and TPS);
Direct Entry;
Intensive; and
Modular.
All CA Students are advised to refer to the
website (www.ICAS.org.uk) on a frequent
basis as the information is updated
regularly. There is a section specifically for
CA Students, covering both technical and
administrative matters which are relevant
to all classes, including exam dates and
the expected dates for publication of exam
results. A range of Frequently Asked
Questions are also available on a range of
topics and will provide useful additional
information.
To ensure that CA Education can
communicate effectively, all CA Students
must keep CA Education informed of any
changes to personal details. These can be
updated through the website.
Circumstances which may impact upon
the completion of the CA Qualification such
as extended absence from the training
firm or changing training firm should also
be advised at the earliest opportunity.
This will ensure that CA Students can
be advised of the implications of these
changed circumstances and take the
appropriate action.

ICAS and the CA


Qualification

ICAS is the worlds first professional


body of accountants, receiving its Royal
Charter in 1854. It was the first to adopt
the designation Chartered Accountant
and the designatory letters CA are still an
exclusive privilege in the UK for Members
of ICAS.
ICAS has over 21,000 students and
Members worldwide who work in a variety
of areas such as industry, public practice
and the financial sector. ICAS takes great
pride in the knowledge that some of the
most prominent and successful leaders in
industry and the accounting profession are
Members of ICAS.
The CA qualification is widely recognised
as one of the best accounting qualifications
in the world. Regular consultation
with employers ensures that the CA
qualification is practical and relevant
and continues to meet the changing and
challenging demands of todays dynamic
business environment.

Please ensure that you have read this


document as you will be bound by these
Regulations before, during and after your
exams. It is important to note that all
breaches of the Exam Regulations are
reported to the Investigation Committee.
To date, the Investigation Committee has
taken disciplinary action against every CA
Student who has been found in breach of
the Exam Regulations. CA Students who
find themselves charged with professional
misconduct for a breach of Exam
Regulations are likely to be the subject of a
referral to the Discipline Tribunal, which is
empowered to declare that a CA Student
is unfit to become a Member of ICAS and
that his/her training contract should be
terminated immediately.

Contacting CA
Education

An up-to-date list of CA Education


contacts can be found here.

ICAS Rules and


Regulations

As a CA Student you will be bound by


the ICAS Rules, including any regulation
which imposes a duty on a CA Student.
On enrolment with ICAS all CA Students
undertake to comply with the obligations
and liabilities of a CA Student of ICAS, to
be bound by the Royal Charter, the Rules
and Regulations of ICAS in force, and
to observe and uphold the ethical and
professional standards of ICAS. A link to
the ICAS Rules is provided here.
A link to the ICAS Code of Ethics is
provided here.
CA Students are advised to familiarise
themselves with the Rules and the Code of
Ethics on enrolment with ICAS.
ICAS Exam Regulations can be found here.

ELIGIBILITY
REQUIREMENTS TO
BECOME A MEMBER
OF ICAS

ENTRY REQUIREMENTS

In order to become eligible to be a Member


of ICAS, a CA Student Member must have:
attended ICAS classes and have passed
the requisite exams and assessment in
Business Ethics;
served under a registered Training
Contract in an ICAS Authorised Training
Office for the prescribed period; and
satisfied the ICAS work experience
requirements (time and competencies)
recorded in the Achievement Log

Eligibility
Individuals following the Direct Entry
route have been accepted onto a school
leaver programme by an ICAS Authorised
Training Office to complete the CA
Qualification. To commence CA training
and register a Training Contract, these
individuals must meet the entry criteria
specified by the employer.
All other individuals wishing to commence
CA training and register a Training
Contract must hold an appropriate
preliminary qualification. This is either
an undergraduate degree from a UK
university or a degree which has
been formally recognised as being UK
equivalent. Prospective CA Students do
not need to hold an accountancy degree.
Members of the Association of Accounting
Technicians (AAT) are also eligible to
commence CA training.

CA QUALIFICATION

There are three stages of the CA


qualification which are subject to
class attendance and exams: Test of
Competence (TC); Test of Professional
Skills (TPS); and Test of Professional
Expertise (TPE). In addition, CA Students
must attend a Business Ethics (BE) course
and complete a short, written assessment.
A link to the syllabus which contains detail
of the topics covered within TC, TPS, TPE
and BE is available here.

CA Students must provide evidence


of their degree or membership of the
AAT either directly to CA Education or
to their employer who will then provide
confirmation to ICAS.

Components of the CA qualification

Test of Competence
ICAS core
competencies
(prescribed
and optional)

Business
Management

Business
Law

Finance

Financial
Accounting

Principles of
Auditing &
Reporting

Test of Professional Skills


Advanced
Finance

Specialist
competencies

Assurance &
Business Systems

Financial
Reporting

Test of Professional Expertise


Multi-discipline Case Study

Taxation

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EXEMPTIONS

Available exemptions
Exemptions are possible from some or
all of the TC subjects, however, there are
generally no exemptions available from
TPS, TPE, and BE. Individual training firms
may have different policies on whether CA
Students can apply for exemptions and
this should be confirmed directly with the
training firm.
Eligibility for exemptions
Exemptions will be awarded provided the
degree was obtained within the last three
years and both the syllabus and subject
requirements are satisfied. AAT members
can be exempt from two out of the five TC
courses and exams provided the relevant
AAT papers were passed.
Applying for exemptions
CA Students who think they may be
eligible for exemptions must apply to CA
Education using the Exemption Application
Form and submit the required information
to enable the exemption request to be
processed. All required information
must be submitted to ICAS by the stated
deadline to ensure the application is
processed before the start of the first class
to be attended.

EDUCATION DELIVERY

Eligibility to attend TC and TPS classes


To commence TC and TPS classes a
CA Student must have commenced
employment in an Authorised Training
Office and intend registering a Training
Contract.
TC and TPS course formats
The TC and TPS courses are delivered
in a variety of formats: Block; Intensive;
and Modular with some elements being
delivered in the classroom and others by
supported self-learning. The CA Student
must follow a format determined and
approved by their training firm.
Educational material
A complete set of educational material
prepared by CA Education is provided to
CA Students on day one of classes. This
ensures consistency across all locations
in which the qualification is delivered. The
majority of the material is delivered by face
to face teaching and workshops. Some

elements of the course are delivered by


supported self-learning via CABLE (CA
Blended Learning Environment). This
approach ensures that all CA Students are
appropriately prepared for the exams.
Classes and completion of study
materials
Attendance at classes is mandatory.
Employers must provide CA Students with
paid leave to attend classes. CA Students
must evidence attendance at classes by
signing the daily registers. Any absences
will be notified to the training firm.
CA Student participation
In addition to mandatory attendance on
all days of classes, it is expected by CA
Education and the training firm that all CA
Students will actively participate during
classes and workshops, completing by
the required deadline all course tests and
mock exams and course work where
issued. CA Education reserves the right to
withhold exam eligibility from a CA Student
who has not shown reasonable endeavour
and satisfactory performance throughout
the course.
Absence from classes
If a CA Student is ill and unable to attend
classes, the CA Student must notify their
training firm. CA Students may have exam
eligibility removed if they are absent for
significant course time.

CA Students are asked to disclose on


enrolment if they are disabled and are
requested to give CA Education, in
particular the Disability Officer, as much
notice as possible of their condition.
Additional information relating to
provisions for CA Students with disabilities
is available here.
Language concessions
No concessionary treatment is available
to CA Students who have English as
their second language. All CA Students
are permitted to bring in a dictionary
and candidates with English as a second
language can also bring in a mother
tongue translation dictionary. No technical
dictionaries are permitted.
CA Education requires a competency level
of English language skills equivalent to
the IELTS Band 6 (International English
Language Testing System).
The description statement of Band 6 is
as follows:
Competent User has generally effective
command of the language despite
some inaccuracies, inappropriacies
and misunderstanding. Can use and
understand fairly complex language,
particularly in familiar situations.

Withdrawal from classes


A CA Student may withdraw from TC,
TPS and TPE classes up to two weeks
before the end of the course and in doing
so not become exam eligible. When the CA
Student resumes classes the next available
exam diet will count as the first attempt.
Provisions for students with Disabilities
ICAS endeavours to comply with the
Equality Act. If a CA Student has a
condition that falls within the definition
of a protected characteristic, generally
a disability, and as a result is unable to
participate in classes or exams on the
same terms as non-disabled students
then CA Education is obliged to make
reasonable adjustments to create an
educational environment that enables
disabled students to perform equally with
non-disabled students.

Dates for TC exams are published in


advance and are held in a number of
locations. The website contains details of
exam centres available at each exam diet.
Pass mark and credit retention
The pass mark is 50% and should a
student pass one or more subjects but
fail one or more subjects, credit retention
applies.

TEST OF COMPETENCE

The objective of TC is to provide CA


Students with basic concepts and
knowledge in core areas. There are five
subjects at TC:
Business Law
Business Management
Finance
Financial Accounting
Principles of Auditing and Reporting
CABLE study leave
In Scotland, CA Students studying for TC
classes and exams will use CABLE. The
CABLE element of the full TC course is
14 days of supported self-learning. CA
Education does not prescribe an amount
of time that employers must provide
to complete the elements, however,
guidance has been provided to employers
to consider 10 days of paid CABLE
study leave. Where a student holds TC
exemptions, the guidance to employers is
that the paid CABLE study leave is prorated.
Exam study leave
Employers are required to give CA
Students exam study leave for the period
of enrolled exams. This must be paid
for by the employer at the first attempt.
Payment for subsequent attempts is at the
employers discretion.
Exam format and timing of exam diets
There is a two hour paper-based exam
in each TC subject. All papers contain a
section of compulsory multiple-choice
questions and a section comprising two
compulsory questions or, in the case of
Financial Accounting, a case study. Each
paper will be marked out of 100.

Exam attempts
It is anticipated that all CA Students will
attempt the first available diet of TC exams
which follow on from the completed
course. CA Education will automatically
enrol CA Students onto the next available
diet. CA Education allows four consecutive
attempts at the TC exams but employers
often allow fewer. Any CA Student
requiring to resit any exams is expected
to sit the resit at the next available diet. If
a CA Student chooses not to sit the next
available diet, this will be counted as an
attempt by CA Education.
Deferral option for resit exams
The deferral option can only be applied
once to TC and once to TPS. With the
written agreement of the Training Principal
a CA Student may defer all resit exams
for the next exam diet. The deferral option
applies to the entire diet and cannot be
selectively applied to individual exams.
At the subsequent exam diet, all exams
that were deferred must be attempted.
CA Students must advise CA Education
and provide the written agreement of the
Training Principal by the date stipulated in
the results pack.
Guide to TC classes
Further information on TC is available in
the Guide to TC classes. Click here to find
out more.

Dates for TPS exams are published in


advance and exams are held in a number
of locations. The website contains details
of exam centres available at each exam
diet.
Pass mark and credit retention
The pass mark is 50% and should a CA
Student pass one or more subjects but
fail one or more subjects, credit retention
applies.

TEST OF PROFESSIONAL
SKILLS

The objective of TPS is to equip CA


Students with the practical skills in core
areas necessary for a newly qualified
accountant. This requires the development
of an understanding of relevant concepts,
principles and techniques, the ability
to apply these in realistic settings and
the exercise of judgment in selecting
and advising on the most appropriate
treatment. There are four subjects at TPS:
Advanced Finance
Assurance and Business Systems
Financial Reporting
Tax
Exam study leave
The compulsory requirement for paid
exam study leave for CA Students
following the TPS block route is eight
working days prior to the first attempt.
Exam study leave for further attempts is
at the employers discretion although it is
recommended that half the exam study
leave for the first attempt is awarded at
the second attempt.
Employers are required to give CA
Students exam study leave following all
TPS routes (Block, Modular and Intensive)
for the period of enrolled exams. This must
be paid for by the employer at the first
attempt. Payment for subsequent attempts
is at the employers discretion.

Exam attempts
It is anticipated that all CA Students will
attempt the first available diet of TPS
exams which follow on from the completed
course.
ICAS allows four consecutive attempts
at each exam but employers often allow
fewer. Any CA Student requiring to
resit any exams are expected to sit the
resit exam at the next available diet. If a
CA Student chooses not to sit the next
available diet, this will be counted as an
attempt by CA Education.
Deferral option for resit exams
The deferral option can only be applied
once to TC and once to TPS. With the
written agreement of the Training Principal
a student may defer all resit exams for the
next exam diet. The deferral option applies
to the entire diet and cannot be selectively
applied to individual exams. At the
subsequent exam diet, all exams that were
deferred must be attempted. CA Students
must advise CA Education and provide the
written agreement of the Training Principal
by the date stipulated in the results pack.
Guide to TPS classes
Further information on TPS is available
in the Guide to TPS classes. Click here to
find out more.

Exam format and timing of exam diets


At TPS there are two papers per subject
each being two hours (plus 15 minutes
reading time) long. The morning paper
contains a 50 mark question. The
afternoon paper contains two 25 mark
questions.

Study leave and paid leave of absence


The compulsory requirement for paid
study leave at TPE is four working days
prior to the first attempt. Study leave
for further attempts is at the employers
discretion although it is recommended that
half the study leave for the first attempt is
awarded at the second attempt.

TEST OF PROFESSIONAL
EXPERTISE

At TPE, the CA Student needs to be able


to use their knowledge to analyse a given
problem, and, from that analysis, form an
acceptable professional judgement in a
given situation. The CA Student
also needs to be able to present the
information in a clear and logical format
and to prioritise the communication to
address the major issues from both an
objective professional viewpoint and the
specific viewpoint and background of the
reader.
Eligibility to attend TPE classes
CA Students must have passed all of TC
(or have been exempt) and TPS before
attending classes for TPE. The TC and
TPS courses must be completed within
the Training Contract period and the TPE
classes should be commenced no later
than the first course following completion
of the Training Contract once all TC & TPS
exams have been successfully completed.
Eligibility to sit TPE Exam
Unless the Training Contract has been
completed CA Students are not permitted
to attend TPE classes without having an
active registered Training Contract by
the date of the commencement of the
first TPE class (regardless of location).
In addition unless the Training Contract
has been completed the CA Student must
be serving under a registered Training
Contract to be eligible to sit the first
attempt of the TPE Exam. CA Students
can only attempt the TPE exam once they
have commenced the final year of their
Training Contract.

Exam format and timing of exam diets


The TPE exam is a five and a half hour
multi-discipline case study with a break
for lunch. Dates for the TPE exams are
published in advance and exams are held
in a number of locations.
Exam attempts
It is anticipated that all CA Students will
attempt the first available diet of TPE
exams which follows from the completed
course as long as that diet is in the final
year of the Training Contract.
ICAS allows four consecutive attempts
at each exam but employers often allow
fewer. Any CA Student requiring to resit
any exam is expected to resit the exam
at the next available diet. If a CA Student
chooses not to sit the next available diet,
this will be counted as an attempt by CA
Education
Use of a laptop to sit TPE
TPE students will have the option to use
their own or their firms laptop to write
their TPE exam.
Guide to TPE classes
Further information on TPE is available
in the Guide to TPE Classes. Click here to
find out more.

BUSINESS ETHICS

The development of ethics and


professional values are an important
element in becoming a Chartered
Accountant.
Requirements
In addition to including ethics within the
appropriate subject areas at TC, TPS and
TPE, all CA Students must attend a two
day course in Business Ethics (BE) and
complete a short written assessment.
The first day of the course is usually
held within the first year of the Training
Contract and the second day is delivered
during the TPE course.
Content
The first day of the course covers the
nature of ethics, the nature of ethical
business and the ethical decision-making
process. The second day covers the ethical
behaviour of global business, corporate
citizenship, real life ethical dilemmas,
whistle blowing and the ICAS Code of
Ethics.
Assessment Format
The assessment is a home-based
exercise. CA Students will be asked to
evaluate the given scenario, describe the
nature of the ethical dilemma and propose
a course of action.
Guide to Business Ethics
Further information about Business Ethics
is available here.

REQUEST FOR FURTHER


ATTEMPTS AT EXAMS
Situations where a CA Student has not
attended an exam

Where a student has not attended an exam


due to:
illness, injury or other medical reason;
or
personal or domestic problems of a
severe nature
an application may be made to reset
the exam counter for the affected exam
attempt.
Information to be submitted
The request to cancel the exam attempt
and reset the exam counter must be
submitted in writing to CA Examinations
within seven days of the affected exam.
The request submitted by the CA Student
must include the following:
A letter from the CA Student outlining
the special circumstances which led to
the material interruption in their studies;
A statement of support from the
Training Principal/Firm; and
Relevant third party evidence or medical
evidence as detailed below from a
reputable medical source such as a
Doctor, Consultant, Surgeon or other
relevant practitioner
The medical evidence submitted must
include:
the identity and nature of the illness/
injury/medical issue;
the start and end dates of the period
where the illness affected the CA
Student and their ability to study/attend
exams;
confirmation that the CA Student was
unable to attend exams during the
period they were affected by the illness;
and
other relevant information which the
medial practitioner feels is appropriate.

All information submitted in support of


such applications will be logged and
held securely in accordance with the
ICAS obligations in respect of the Data
Protection Act 1998 and used only for
the purposes it was originally submitted
for. The request will be examined and
reviewed by the Director (Courses) and
the Director (Policy).
Communication of decision
Written confirmation of whether the
request to reset the exam counter has
been successful will be sent within 28
days of receipt of the request. A request
may be rejected where insufficient
evidence is submitted in support of an
application.
An appeal against an adverse decision
of the Director (Policy) and the Director
(Courses) may be made to the Executive
Director, Education. The decision of the
Executive Director, Education shall be
final.
Situations where a CA Student has
extenuating circumstances relating to
an exam
ICAS allows four consecutive attempts
at each exam, CA Students who fail any
exam at the fourth and final attempt may
apply to the Student Education Committee
to request a further attempt at these
exams where extenuating circumstances
apply to an exam diet.
Notification of intention to request
further attempt
Notification of the intention to apply for
a further attempt must be made to CA
Education within 28 days of issue of the
results relating to the fourth and final
attempt.
Grounds for making a request for
further attempts
The Student Education Committee will only
consider a material interruption to studies
as appropriate grounds for requesting
further attempts at exams. A material
interruption to studies falls into one of two
categories:
Illness or other medical reasons; or
Personal or domestic problems of a
severe nature.

The Student Education Committee will


not exercise its discretion in favour of
a CA Student where the sole ground of
application is an improvement in exam
performance.
Information to be submitted to Student
Education Committee
A formal request for further attempts at
the exams should be made to the Student
Education Committee. The request will
then be considered at the next available
meeting of the Committee.
The Student Education Committee will
not exercise its discretion in favour of a
CA Student where a material interruption
cannot be proved.
All requests must be supported by:
1. a statement of the special
circumstances which led to a material
interruption to studies;
2. a statement from the Training Principal
corroborating the facts as set out in the
applicants statement and indicating,
with reasons, whether or not the
application is supported. The statement
should also comment on the applicants
employment record; and
3. a medical certificate, or any other
form of third party evidence where
appropriate. The medical certificates
must be dated at the time of illness and
submitted to CA Education within seven
days of the conclusion of the relevant
exam diet.
Communication of decision
Following the Student Education
Committee meeting, the CA Student will
be informed of the Committees decision
in writing. CA Students are advised that
in granting a request for further attempts,
the Student Education Committee will
determine the timing of the attempt and
may impose any conditions considered
appropriate, for example, attendance at
classes.

TRAINING CONTRACT AND


AUTHORISED TRAINING
OFFICES
Becoming a Member of ICAS is not just
about attending classes and passing
exams, the CA Students must also satisfy
the Training Contract requirements
forming part of the CA Qualification.

Tripartite contract
The Training Contract is a tripartite
agreement between ICAS, the CA Student
and the Authorised Training Office. By
entering into a Training Contract, the
training office agrees to provide the
CA Student with an effective training
in accordance with the ICAS Training
Standards, whilst the CA Student
undertakes to make a proper contribution
to the work of the training office. ICAS
undertakes to authorise and monitor
the training offices, provide appropriate
classes and exams, and set and monitor
work experience requirements.
Purpose
The Training Contract governs the
training and work experience to be given
to a CA Student within an Authorised
Training Office. The training is intended
to provide the CA Student with the
technical knowledge, work experience
and professional attitudes necessary for
admission as a member to ICAS.
Contract of Employment
In addition to the Training Contract, there is
the separate statutory requirement that all
employees are provided with a Contract of
Employment. The Contract of Employment
sets out the terms and conditions of
the CA Students employment with the
Authorised Training Office. Certain terms
and conditions are governed by statute.
The length of period of employment,
as set by the Contract of Employment,
should be at least the same period as
the Training Contract. There are detailed
statutory requirements regarding the
period of employment. All prospective CA
Students must be shown the Contract of
Employment prior to joining the Authorised
Training Office.

Normally the employer named in the terms


and conditions of employment will be the
same legal entity as named in the Training
Contract, but in exceptional circumstances
may be a different legal entity.
ICAS recommends that the mandatory
statutory terms and conditions are
supplemented by additional clauses
relating to the following provisions of the
Training Contract:
1. Leave of absence for attendance at CA
classes and exams;
2. Study leave in accordance with ICAS
requirements;
3. The number of attempts to be allowed
at each of the exams;
4. Conditions on which assignation to
another Authorised Training Office may
take place; and
5. The Authorised Training Offices
contribution towards the cost of:
a) registration fees;
b) class fees;
c) books;
d) exam fees; and
e) fees for admission as a Member.
ICAS recommends that contingent clauses,
particularly in relation to clawback of
training expenses, should not be included
in the Contract of Employment. However,
these can be included provided the overall
terms and conditions are justified, and
disclosed at the outset of the training
period.
Length of Training Contract
The Training Contract period will be
determined by the route to qualification
followed by the CA Student. The minimum
period for a Training Contract will be three
years, however, Training Contract periods
can be up to six years in length.
Impact of absence from Employment on
Training Contract Period
Where a CA Student is absent from
employment, through circumstances
such as illness or maternity leave, for a
continuous period of greater than one
calendar month, the Authorised Training
Office must inform CA Education of this
absence and the Training Contract will be
suspended and the period of the Training
Contract extended accordingly. Where a
Training Contract has been suspended for
reasons of illness or maternity leave, the

CA Student will not be expected to attend


the exam diets until the Training Contract
has been resumed.
In addition, over the course of the Training
Contract period if the CA Student is absent
from employment for a cumulative period
of greater than one calendar month, the
Authorised Training Office must inform
CA Education of this cumulative absence
and the period of the Training Contract be
extended accordingly.
Training Contract requirements in
relation to work experience
If a CA Student does not satisfy the
work experience (time or competency)
requirements within the Training Contract
period, the Training Contract will be
extended to such length as the work
experience requirements are satisfied.
Conversely, if a CA Student has satisfied
all the work experience requirements prior
to the completion of the Training Contract
period, the remainder of the Training
Contract must be completed before the CA
Student is eligible to apply to be a Member
of ICAS.
Work experience gained outside the period
of the Training Contract will not count
towards meeting the work experience
requirements of the CA Qualification.
Registration of Training Contract
The Training Contract must be registered
with CA Education within six months of
the date the Training Contract commences.
Assignation of Training Contract
CA Students are not encouraged to
assign their Training Contract to another
Authorised Training Office during the
Training Contract period. There may,
however, be circumstances where both
the Authorised Training Office and the CA
Student are in agreement that the Training
Contract may be assigned to another
Authorised Training Office. Assignation of
the Training Contract should be notified to
CA Education within one calendar month
of the CA Student commencing the new
employment.

Cancellation of Training Contract


The Training Contract will be cancelled in
the following circumstances:
1. It is ended by the agreement of all
parties; or
2. If a CA Student fails to meet the
preliminary qualification requirements
within the required period; or
3. The CA Student becomes ineligible to
be a Member of ICAS.
Cancellation of the Training Contract
should be notified to CA Education
within one calendar month of the date
of the cancellation. The CA Student
and/or Authorised Training Office will
provide CA Education with any additional
information that may be required relating
to the circumstances of cancellation.
The Training Contract registration will be
withdrawn from the date of cancellation.
Termination of Training Contract
The Training Contract will be terminated in
the following circumstances:
1. The CA Student has committed a
serious breach, has repeated or have
continued (after warning) any material
breach of the obligations under the
Training Contract; or
w2. The CA Student has been found
guilty by ICAS of;
professional incompetence
unsatisfactory professional conduct
professional misconduct
Termination of the Training Contract
should be notified to CA Education within
one calendar month of the date of the
termination. The CA Student and/or
Authorised Training Office will provide CA
Education with any additional information
that may be required relating to the
circumstances of termination. The Training
Contract registration will be withdrawn
from the date of termination.
Commencing a new Training Contract
Where a Training Contract has been
cancelled by mutual consent, the CA
Student may apply to the Student
Education Committee for permission
to enter a new Training Contract. The
Committee will normally look for a period
of two years to have elapsed between the
cancellation of the first Training
Contract and the new application. In
approving a new Training Contract, the
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Committee may impose such terms and


conditions as it considers appropriate to
the circumstances.
Permission to commence a new Training
Contract will not normally be given to a CA
Student:
1. who has completed a Training Contract
but has not progressed to become a
Member of ICAS; or
2. whose previous Training Contract has
been terminated.
Suspension of Training Contract
If CA Students have completed six months
of their Training Contract, they can apply
to CA Education to suspend their Training
Contract. The CA Student will be expected
to outline the reason for the suspension
and submit the Achievement Log
completed and signed off up to the date of
suspension.
A CA Student will be able to have a period
of up to 24 months without additional
time being added to the Training Contract
length, or an increase in the Achievement
Log requirements. For suspension periods
of over 24 months, CA Students must
request permission from the Student
Education Committee to enter a new
Training Contract.
Although CA Students may be working
towards work experience requirements
in the Achievement Log during the
suspension period, these cannot be signed
off.
CA Students who are otherwise eligible,
will be able to attend TC and TPS classes
and sit TC and TPS exams whilst the
Training Contract is suspended. Unless
the Training Contract has been completed
CA Students are not permitted to attend
TPE classes without having an active
registered Training Contract by the date of
the commencement of the first TPE class
(regardless of location).
Attendance at classes is subject to
availability and payment of necessary fees
for classes, exams and books. If a CA
Student has completed a TC, TPS or TPE
course or is resitting an exam, they must
continue to present themselves at exam
diets even if their Training Contract has
been suspended for reasons other than

maternity or illness. Missed exams will


continue to count as an attempt.
Suspension of integrated Training
Contract and degree route
CA Students following an integrated
Training Contract and degree route will be
able to have a suspension period of up to
16 months without additional time being
added to either the Training Contract,
or Achievement Log requirements. For
suspension periods between 16 and 24
months, additional time will be added to
the Training Contract and Achievement
Log requirements.
CA Students following an integrated
Training Contract and degree route will
not normally resit ICAS exams during the
placement period. Exam attempts will be
suspended until they commence the final
period of the Training Contract. Where
there is a gap of 12 months between
the first attempt at the exams and the
subsequent resits, CA Students will be
required to reattend classes. With the
agreement of their Training Principal, it will
be possible for CA Students to apply to CA
Education to resit ICAS exams during the
placement period. Such applications will
be dealt with on a case-by-case basis.
Redundancy
Where a CA Student is made redundant
at any time during the Training Contract
period, the CA Student may attempt any
exams for which they are otherwise
eligible to sit. The redundancy should
be notified to CA Education within
three weeks of the date on which the
redundancy becomes effective.
Disputes and other matters relating to
the Training Contract
Any dispute arising between parties to a
Training Contract may be referred to ICAS.
In the first instance it may be appropriate
to discuss the matter informally with CA
Education. However, Authorised Training
Offices and CA Students should be aware
that an arbitration service is available. In
these circumstances, the matter should
be referred to the Secretary of ICAS. Any
decision reached will be final and binding.

WORK EXPERIENCE

In addition to passing exams and


completing the Training Contract
requirements, the CA Student must also
satisfy the work experience requirements
forming part of the CA Qualification.
Purpose
The work experience requirements ensure
that the CA Student has received sufficient
work experience to enable them to
effectively apply knowledge in a variety of
relevant, practical situations.
Work experience requirements
The work experience requirements
to be satisfied are specified as the
achievement of a number of competencies
and minimum relevant work experience
requirements. It is recognised that the
type of work experience available to a CA
Student will vary depending on the size
and type of Authorised Training Office.
Competency requirements
During the Training Contract period all CA
Students must achieve the following:
1. Prescribed competencies in:
a) Accounting;
b) Information Technology;
c) Communication & influencing;
d) Personal effectiveness; and
e) People, teamwork & leadership
2. Core competencies; and
3. Specialist competencies.
CA Students are required to achieve
12 core competencies with a minimum
of six from one discrete technical
area. CA Students are also required to
complete a minimum of five specialist
competencies from one technical
area. These should extend one of the
prescribed technical areas or the core
area in which the CA Student achieved
at least six competencies. The specialist
competencies should be at a more detailed
level than the optional competencies,
and be in an area that the CA Student
is beginning to acquire an expertise. A
competency is only considered achieved
when it has been achieved at the level
expected of a newly qualified CA.

Relevant practical work experience


requirements
The minimum relevant work experience
requirements are:
Three year Training Contract 450 days
Integrated Training Contract and degree
route 500 days
Direct Entry five year Training Contract
750 days
It is anticipated that CA Students following
an integrated Training Contract and degree
route will achieve 300 days relevant
work experience in the final period of the
Training Contract.
Normally work experience gained in
the placement period will only count as
relevant work experience if the CA Student
following an integrated Training Contract
and degree route returns to complete
the Training Contract within the original
Authorised Training Office.
The minimum relevant work experience
requirements relate to purely practical
work experience and, therefore, excludes
time spent on in-house training courses,
CA Education classes, holidays, illness and
general administration.
Work experience requirements in
relation to Training Contract
Although the work experience may be
gained in a variety of Authorised Training
Organisations, if it is gained outside the
period of the Training Contract it will
not count towards meeting the work
experience requirements of the CA
Qualification.
If a CA Student does not satisfy the work
experience (competency) requirements
within the Training Contract period,
the Training Contract will be extended
to such length as the work experience
requirements are satisfied. All the work
experience requirements (time and
competency) must be satisfied before the
CA Student is eligible to be a member of
ICAS.
Secondments and working outside the
Authorised Training Office
It is acceptable for a CA Student to work
on secondment or outside the Authorised
Training Office for a period of up to 52

weeks on the condition that the proposed


secondment has been approved by the
Training Firm and ICAS Director (Policy).
During this period, the CA Student should
continue to be supervised and the quality
of work experience monitored. Before
going on secondment or working outside
the Authorised Training Office, a CA
Student should have spent at least one
month of the Training Contract working in
the Authorised Training Office.
Completion of the Achievement Log
CA Students are required to maintain an
Achievement Log in the format specified
by CA Education and to ensure that is an
accurate and complete picture of the work
experience gained. Failure to maintain
the Achievement Log satisfactorily may
result in a CA Student not achieving exam
eligibility.
The completion of the Achievement Log
will demonstrate that the CA Student has
achieved the competency and the work
experience requirements to become
eligible to be a Member of ICAS. It will
also enable the Authorised Training Office
to review and monitor the CA Students
work experience in relation to the ICAS
requirements.
Review of the Achievement Log by
Authorised Training Office
The Counselling Member or Training
Principal must regularly review and
monitor the CA Students work experience.
This review should be carried out, at a
minimum, on an annual basis and be
documented by approving the Achievement
Log. In addition, the Achievement Log
should be reviewed regularly by a qualified
member of staff who has day-to-day
responsibility for supervising the work of
CA Students.
Review of the Achievement Log by CA
Education
A sample of Achievement Logs of CA
Students completing the first year of the
Training Contract will be reviewed by CA
Education. All Achievement Logs will be
reviewed periodically by CA Education as
determined by the qualification route.
All final year Achievement Logs should
be submitted to CA Education for review
within one month of the expiry of the
11

Training Contract. Failure to do so may


result in the imposition of a fine on the CA
Student.
UK audit qualification
The attainment of the CA Qualification
does not automatically entitle the
member to the UK audit qualification.
Attainment of the CA Qualification does
meet the theoretical requirements of the
UK Companies Act but a minimum of
210 days of UK audit experience is also
required (at least 105 days of UK company
audit) to meet the practical experience
requirements to achieve the UK audit
qualification.
The Achievement Log is also used to
record the number of days of experience
required for the audit qualification.
(Currently 210 days audit work, half of
which must be within company audit
work, with the remainder coming from
the audit of other approved bodies.) Nil
returns are required from CA Students
who have not undertaken any audit work
during the year. In addition, CA Students
must provide an explanation in the annual
reflective statement of the work performed
and skills developed in relation to the audit
work recorded.

12

ADMISSION AS A MEMBER
OF ICAS

Requirements to become a Member


of ICAS
In order to become eligible to be a Member
of ICAS, a CA Student must have:
attended the ICAS classes and have
passed the requisite exams and
assessment in BE;
served under a registered Training
Contract in an ICAS Authorised Training
Office for the prescribed period; and
satisfied the ICAS minimum work
experience requirements (time
and competencies) recorded in the
Achievement Log.
Applying to be a Member of ICAS
CA Students should apply for admission to
be a Member within one year of the later
of:
1. passing the TPE exam; or
2. completion of service under the
Training Contract.
Application for admission as a Member of
ICAS must be made using the appropriate
form. The form should be accompanied by
the appropriate payment.
Final Certificate of Service
The Final Certificate of Service should
be registered with CA Education within
one month of the completion of the
Training Contract. The Final Certificate of
Service must be signed by the Counselling
Member and testify that the CA Student
is fit and proper to be admitted as
a Member of ICAS. Where there are
concerns that the CA Student is not fit
and proper, this should be referred to the
Student Education Committee stating the
reasons for this opinion. If it appears that
there are reasons why the application to
be a Member should not be recommended,
then the matter may be referred to the
Investigations Committee.

Student
CA

society

CA STUDENT SOCIETY

The CA Student Society aims to engage,


inform, develop and connect CA students
throughout the UK. The Society enables
CA students to build their own professional
community, providing opportunities for
networking with fellow CA students and
CAs. Ethics, professionalism and building
a lifelong connection with ICAS is at the
heart of everything we do.
The Society works to build a sense of
community with CA students across
the UK and provides opportunities for
networking and building relationships, and
ensures students are kept up-to-date with
developments affecting the professional
and wider economy. The Society is run by
a committee which includes CA student
representatives from different employers,
regions and levels of study. All students
automatically become a member of the CA
student Society.
For further information visit icas.org.uk/
castudentsociety or like the facebook page
facebook.com/castudentsociety

13

CA House 21 Haymarket Yards Edinburgh EH12 5BH


caeducation@icas.org.uk +44 (0)131 347 0100 icas.org.uk