ICAEW-ACA exam re-count

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  1. chrisblackband's Avatar
    • New Member
    • Posts: 1
    ICAEW-ACA exam re-count
    I have recently just got my results for the 2 application papers I sat in December 2011.

    Unfortunately I failed the business strategy paper by 1 mark (I got 54 and the pass mark was 55). On a more positive note I passed the financial management with 64!.

    My employer and I are now thinking of asking for a re-count due to the fact that I am only 1 mark, maybe even half a mark of passing.

    My question is, has any succeeded with a recount with the ICAEW (i.e their mark was increased?).

    Many thanks

    Chris
  2. Samtheman1's Avatar
    • Exalted Member
    • Posts: 287
    Re: ICAEW-ACA exam re-count
    Extremely rare - they dont like to admit a mistake.

    I think the whole process is just more money spinning from the ICAEW.

    Out of the hundreds of re-counts they receive they probably change one so that word gets out that it is possible.

    Nevertheless you may be that one. Definately do it if your feeling lucky (and your employer pays for it).
  3. Big_Dave's Avatar
    • Respected Member
    • Location: London
    • Posts: 240
    Re: ICAEW-ACA exam re-count
    (Original post by chrisblackband)
    I have recently just got my results for the 2 application papers I sat in December 2011.

    Unfortunately I failed the business strategy paper by 1 mark (I got 54 and the pass mark was 55). On a more positive note I passed the financial management with 64!.

    My employer and I are now thinking of asking for a re-count due to the fact that I am only 1 mark, maybe even half a mark of passing.

    My question is, has any succeeded with a recount with the ICAEW (i.e their mark was increased?).

    Many thanks

    Chris
    When I was at Kaplan I remember the tutors remarking that when people were very close to the pass mark they often tried very hard to find that extra mark to pass you, so your paper has probably alredy been reviewed a few times.

    But what have you got to lose?!??! Even if it goes down it doesn't really matter, so I would ask for a remark and if it works, great, if it doesn't you are not in any worse of a position than you are in now!

    BS by name, BS by nature, hated that paper. Congrats on FM.
  4. Kemik's Avatar
    • Overlord in Training
    • Location: Reading
    • Posts: 2,148
    Re: ICAEW-ACA exam re-count
    If you were that close your paper was reviewed at least three times. If three people couldn't find you the extra marks I doubt another remark will sorry!
  5. Popeyedoyle's Avatar
    • Junior Member
    • Posts: 26
    Re: ICAEW-ACA exam re-count
    I know of a lad who got 54 (FR I think) and moved them up 1 mark a few years back. As the someone else said, pure money scam from an institute that's stuck in the dark ages. Also that lad was right, ICAEW probably change the odd paper to keep the cash scam alive. Still find it strange why Case always has the highest failure rate, wonder if it's something to do with the paper being the most expensive?

    Have they checked your paper 3 times? Twice maybe. You have your clear fails, then I guess they look at the borderline candidates and decide which ones are going to be dumped in the fail pile.

    For £25 quid worth a punt, agree to get it paid via expenses and you're laughing. Good luck, but it's not the end of the world if you re-do it. Though I thought FR was the hardest professional paper, save your luck for the brutality that awaits you on BC, or on some sittings when they make you do a foreign consol - BR.
  6. Londonpie72's Avatar
    • Exalted Member
    • Location: London
    • Posts: 306
    Re: ICAEW-ACA exam re-count
    Looking at this post i am slightly scared hope I will cope with the ACA exams.

    Just a quick question if you do Audit or Tax in one of the big 4 do they both do an ACA qualification? I know Audit definitely do ACA qualification but not sure with tax
    Last edited by Londonpie72; 28-01-2012 at 20:07.
  7. Popeyedoyle's Avatar
    • Junior Member
    • Posts: 26
    Re: ICAEW-ACA exam re-count
    LP72, you'll be fine. It's not easy but doable. If you're a lastminute.com person like me then you'll put yourself under some intense pressure on that final weekend before exams. But if you're a revision queen you're sorted.

    These exams are straightforward if you have the time. But very hard due to lack of time given in the exam, and having to get home at 7pm and then hit the books. Revision time is where it'll click, as you do more question practice you'll get more confident.

    If you have an ACA contract you can do it. Think standard Big 4 Audit is ACA, and tax ATT/CTA or ACA/CTA.
  8. Gingerbiscuit's Avatar
    • New Member
    • Posts: 1
    Re: ICAEW-ACA exam re-count
    How did you get on with your remark?

    I hard failed a professional exam (44) and so am applying for a remark - need it to go up to 45 or else I have been told I am out! Hope I have more chance than going from a 54 to a 55!!
  9. Samtheman1's Avatar
    • Exalted Member
    • Posts: 287
    Re: ICAEW-ACA exam re-count
    (Original post by Gingerbiscuit)
    How did you get on with your remark?

    I hard failed a professional exam (44) and so am applying for a remark - need it to go up to 45 or else I have been told I am out! Hope I have more chance than going from a 54 to a 55!!
    As you only need one more mark to keep your job, I would also send a covering letter to the ICAEW explaining your circumstances. Something along the lines of "I understand my mark is unlikely to increase to a pass, however..."

    I know someone who did this and it worked.
  10. Regent's Avatar
    • Adored and Respected Member
    • Posts: 516
    Re: ICAEW-ACA exam re-count
    (Original post by Gingerbiscuit)
    How did you get on with your remark?

    I hard failed a professional exam (44) and so am applying for a remark - need it to go up to 45 or else I have been told I am out! Hope I have more chance than going from a 54 to a 55!!
    Wow! Where is this?
  11. Kemik's Avatar
    • Overlord in Training
    • Location: Reading
    • Posts: 2,148
    Re: ICAEW-ACA exam re-count
    (Original post by Regent)
    Wow! Where is this?
    Deloitte have that policy I believe.
  12. Regent's Avatar
    • Adored and Respected Member
    • Posts: 516
    Re: ICAEW-ACA exam re-count
    (Original post by Kemik)
    Deloitte have that policy I believe.
    Harsh. KPMG to?
  13. M1011's Avatar
    • Overlord in Training
    • Location: London
    • Posts: 2,606
    Re: ICAEW-ACA exam re-count
    (Original post by Regent)
    Harsh. KPMG to?
    I know they do at PWC as well as Deloitte.

    45-55 = soft fail - you get one retake at your own expense
    under 45 = hard fail - you're out, pack up your desk

    Or at least that's what current graduate employees were saying at assessment days. Doesn't sound like there's any flexibility, but fingers crossed for the OP because that is painfully close!
  14. Kemik's Avatar
    • Overlord in Training
    • Location: Reading
    • Posts: 2,148
    Re: ICAEW-ACA exam re-count
    (Original post by Regent)
    Harsh. KPMG to?
    I'm not 100% sure on KPMG audit policy.

    KPMG Tax policy is two sittings.
  15. Samtheman1's Avatar
    • Exalted Member
    • Posts: 287
    Re: ICAEW-ACA exam re-count
    (Original post by M1011)
    I know they do at PWC as well as Deloitte.

    45-55 = soft fail - you get one retake at your own expense
    under 45 = hard fail - you're out, pack up your desk

    Or at least that's what current graduate employees were saying at assessment days. Doesn't sound like there's any flexibility, but fingers crossed for the OP because that is painfully close!
    Yep this is my experience of PwC
  16. M1011's Avatar
    • Overlord in Training
    • Location: London
    • Posts: 2,606
    Re: ICAEW-ACA exam re-count
    (Original post by Samtheman1)
    Yep this is my experience of PwC
    I hope you don't mean that too literally
  17. Samtheman1's Avatar
    • Exalted Member
    • Posts: 287
    Re: ICAEW-ACA exam re-count
    (Original post by M1011)
    I hope you don't mean that too literally
    Ha - fortunately not.

    It is a silly policy though.
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