The CA in the 1990s: the proposed education, training and examination system
Article Abstract:
The full text of proposed new educational, training, and examination requirements to become a chartered accountant in Scotland is presented by the Education Committee of the Institute of Chartered Accountants of Scotland (ICAS). The three basic propositions of the proposal are: (1) that most new chartered accountants should obtain relevant university degrees; (2) that educational requirements should be met by universities and colleges, while training requirements should be met by accounting firms and the Institute; and (3) that the final certification exam should consist of two parts and focus on practical applications of accounting, by asking questions based upon hypothetical case studies. Members of ICAS are invited to comment upon the proposal according to a timetable provided. The timetable plans for the new certification requirements to become effective in 1989-1990.
Publication Name: The Accountant's Magazine
Subject: Business
ISSN: 0001-4761
Year: 1987
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Marking the Test of Professional Competence
Article Abstract:
The Institute of Chartered Accountants of Scotland has developed a new certification test for applying accounting graduates that consists of one question. This exam, known as the Test of Professional Competence, is the final step toward certification for chartered accountants in Scotland. An example of a question that could comprise the test is provided. The example question concerns the audit of a hypothetical client; information provided includes a brief history of the hypothetical client's operations, its income statements and balances sheets for 1986 and 1985, and a report on an inventory observation at the hypothetical client's facility. Given these data, students are asked to draft an audit report for the client. Scoring of the Test of Professional Competence is explained. Each exam is reviewed and marked by at least two qualified accountants.
Publication Name: The Accountant's Magazine
Subject: Business
ISSN: 0001-4761
Year: 1986
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Higher standards, not rules
Article Abstract:
Institute of Chartered Accountants of Scotland (ICAS) pres Ian Tegner believes that meeting the changing market demand for the Institute's services and products requires raising ICAS standards, instead of imposing more restricting rules that only serve to hamper progress. Tegner sees subscribing to the strict standards of technical skills, expertise, judgment and ethical behavior of a profession as a duty of anyone who belongs to that profession. The president is calling on all ICAS members to do their part in preserving the Institute's reputation for quality by increasing their involvement in its activities. In return, the ICAS is more than willing to fulfill its responsibility of supporting their members in their efforts to meet and uphold professional standards.
Publication Name: The Accountant's Magazine
Subject: Business
ISSN: 0001-4761
Year: 1992
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