Cambridge & ACCA Test Financial English

A new financial English exam is set to test the readiness of accountants for working on the global stage.

University of Cambridge ESOL Examinations (English for Speakers of Other Languages) and ACCA have combined their areas of expertise to develop the International Certificate in Financial English (Cambridge ICFE).

Michael Milanovic, chief executive of Cambridge ESOL said: ‘People working in an international finance context need high levels of English language and an understanding of the kind of language used in a demanding, fast-moving profession. This unique exam will help the ambitious to demonstrate their skills and suitability for a successful career in international finance. This initiative with ACCA is part of a broader partnership in a number of areas relating to financial English learning and development.

‘Cambridge ESOL develops language assessment suited to people’s real needs. ICFE is another example of our commitment to creating tailored assessment for different business and professional environments, the different ages of test takers and to meet other specific needs.’

Allen Blewitt, Chief Executive of ACCA, the world’s largest professional international accountancy body, said: “Developments such as the advent of International Financial Reporting Standards together with the ever-increasing globalisation of finance and business means that accountancy is rapidly becoming one global profession. ACCA has always prided itself on providing a quality international qualification which is the same high standard throughout the world. Through this, we give opportunities for young people of application and ability whatever their background.


For more information check the following link

http://www.financialenglishtest.org/

15 Additional Minutes for ACCA Exams

For all three hour examination papers, ACCA has introduced 15 minutes reading and planning time. This additional time is allowed at the beginning of each three-hour examination to allow candidates to read the questions and to begin planning their answers before they start writing in their answer books. This time should be used to ensure that all the information and exam requirements are properly read and understood.

During reading and planning time candidates may only annotate their question paper. They may not write anything in their answer booklets until told to do so by the invigilator.