We advise you to use examples covering the whole five years of experience, and not to use the same example for answering all the questions. Your five years’ experience set out in Part 3 should be analysed between different employers, different roles with a single employer, or different projects within a single role. You should reference your responsibilities, achievements and skills developed for each job/role, to the answers. The sample scripts and example answers are provided for illustrative purposes only and should not be copied in part or full to answer any of the questions (see page 3). 1. Identification of business issues Using your recent work experience, describe how you identified two different business and/or technical financial issues. Your answer should: ● identify two business and/or technical financial issues that you have dealt with; and ● focus on the process of how you identified the issues rather than the outcome of identification (either work subsequently carried out or advice given). 2. Analysis of issues 2.1 Using your recent work experience, describe how you have used your technical expertise and/or business knowledge to analyse a business situation. 2.2 Using your recent work experience, demonstrate how you have used numerical techniques to analyse a business situation. Your answer should: ● use specific examples of your own work on projects or clients; and ● not use generic business situations, risk models or assurance approaches. For question 2.1: ● you should clearly describe the technical expertise/business knowledge that you used; and ● you should clearly demonstrate the analysis undertaken rather than the outcome of the analysis (either work subsequently carried out or advice given). For question 2.2: ● you should clearly describe the numerical techniques used (eg, financial statement analysis, financial data analysis, budget reviews, valuation models); and ● you should clearly show the analysis undertaken rather than the outcome of the analysis (either work subsequently carried out or advice given). EXAMINATION QUESTIONS
13 Section 4: Pathways to membership MANDATORY DECLARATIONS (TO BE COMPLETED BY ALL APPLICANTS) At the point of registration/application with ICAEW, individuals are required to declare any past act or default that might be perceived as bringing discredit on themselves, ICAEW or the profession of accountancy, however long ago the act or default occurred and wherever it took place. Acts or defaults occurring following registration with ICAEW should be declared to ICAEW as soon as is practicably possible. If you are found to have failed to disclose relevant information, your registration/application may be revoked or membership prevented or withdrawn. Please note that the provisions of s4.2 of the Rehabilitation of Offenders Act 1974 do not apply in the case of persons seeking to become chartered accountants and a full and accurate response is therefore required even if your convictions are now regarded as spent.
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- Summer '15
- Accountant, Auditor's report, ICAEW