We advise you to use examples covering the whole five

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.