The content of Cambridge ICFE
The Cambridge ICFE exam is comprised of four papers: the Test of Reading; the Test of Writing; the Test of Listening and the Test of Speaking.
Each test is based on realistic texts, tasks and topics similar to those finance professionals would expect to encounter in their daily working lives.
The following list illustrates some of the topic areas covered with Cambridge ICFE:
- Financial Reporting
- Company Financial Strategy
- Risk Assessment and Analysis
- Banking
- Insurance
- Investment Banking
- Ethics and Professionalism
- Debt-Recovery and Credit Policy
- Accounting Software Packages
- Auditing
- Forensic Accounting
- Assets and Company Valuations
- Budgetary Processes
- Corporate Governance
- Cost and Management Accounting
- Bankruptcy
- Acquisitions and Mergers
- Environmental and Sustainability Issues
ICFE Examination Dates
2010: 20 March, 15 May, 10 July, 18 September, 13 November
Results Report
All candidates receive a statement of results indicating an overall estimate of their ability based on their performance on each of the four papers, thus ensuring that the different elements of the skills tested are contributing equally to the candidates’ competence. The statement of results includes a graphical profile indicating areas of comparative strength and/or weakness in the four language skills. Successful candidates also receive a certificate.
Results are reported as three passing grades: C1 Pass with Merit; C1 Pass and B2 Pass, and two failing grades: Narrow Fail and Fail.
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