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Developments such as International Accounting Standards (IAS) are creating international career opportunities for professional accountants. It is essential for individuals who wish to succeed in the international business community to possess first-rate English language skills and the ability to converse with accounting and finance professionals. |
To meet the demand for helping finance professionals demonstrate they have the financial English skills they need, Cambridge English Language Assessment and ACCA (the Association of Chartered Certified Accountants) have combined to develop the International Certificate in Financial English (Cambridge ICFE).
Cambridge ICFE is set at Levels B2-C1 of the Common European Framework of Reference for Languages, an internationally recognised benchmark of language ability.
This certificate can be used as proof of the ability in English necessary to work in an international finance context or to follow a course of accountancy or finance study at university level. |
What does ICFE involve? |
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The exam consists of four separate papers testing reading, writing, listening and speaking, which together last just under 3.5 hours (not including breaks). The tasks are based on tasks and topics that finance professionals would expect to encounter in their daily lives, such as:
- financial reporting
- insurance
- investment banking
- ethics and professionalism
- accounting software
- assets and company valuations
- acquisitions and mergers.
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Recognition
ICFE is recognised around the world by accountancy firms, educational organisations, government agencies, immigration authorities and professional bodies. |
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Results
Test results are normally reported approximately six weeks after the test date. Levels of performance in the exam are distinguished by a range of passing and failing grades.
The passing grades are B2 Pass, C1 Pass and C1 Pass with Merit.
All candidates receive a Statement of Results showing their overall grade and their performance on each of the four papers. Candidates who achieve a passing grade will also receive a certificate awarded by Cambridge English Language Assessment.
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About ACCA
ACCA is the largest and fastest-growing global professional accountancy body with 296,000 students and 115,000 members in 170 countries. Its aim is to offer the first choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management. |
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Registration for the ICFE session
You will find information about registration for the ICFE exams on our contact page. Candidates can also register on-line on this web site.
ICFE Exam Session |
Exam date |
Final entry date |
Fees |
Saturday 6 July 2013 |
2 June 2013 |
180 € |
Friday 6 December 2013 |
5 November 2013 |
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Late registration and cancellations
A late registration fee of 40 € per candidate will be charged for entries received after the end of the registration period. In the case of late entries space is subject to availability. If a candidate is unable to attend an exam session on medical grounds, a 24 € administration fee will be retained by the centre and the remainder of the fees will be returned to the candidate. No refund will be made for any other reason.
Special arrangements for candidates
Cambridge English provides a Special Arrangements service for some candidates, for example those with learning difficulties, hearing difficulties or visual difficulties.
For further information on the services we provide, click the links on the left or below:
Learning difficulties
Hearing or speaking difficulties
Visual difficulties
We also have information on the range of modified materials that can be provided for candidates with special requirements.
IMPORTANT
In order to avoid spelling mistakes on exam certificates, please make sure that candidates' names and surnames are spelt correctly and that you have included their date of birth. The centre cannot accept responsibility for spelling mistakes or missing accents on final certificates. Schools registering groups of students should provide us with their name, address, email and telephone number so that we can issue results directly to the school.
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