Guidelines

How hard is the JIEB exams?

How hard is the JIEB exams?

The JIEB is renowned for its difficulty, and the low pass rates of those sitting it for the first time reflect that. It is hard enough for those already working in the insolvency industry, and involves sacrificing 12 months of your life while you undertake ‘the journey’.

What qualifications do you need to be an insolvency practitioner?

To become a licensed insolvency practitioner, you must first pass the Joint Insolvency Examination Board (JIEB) exams. On passing the JIEB exam, you can apply to become an ICAEW insolvency licence holder and have access to up-to-date information, advice and guidance.

What is the CPI exam?

The examination is a test of competence in insolvency, and CPI is widely recognised by employers as an established mark of achievement. It covers both personal and corporate insolvency. CPI can lead to membership of the IPA and to entitlement to use its designatory letters MIPA.

Is insolvency a good career?

Insolvency is law based… Therefore, a large majority of the role of an insolvency professional involves law based skills. Also, one big favourable point to this profession is that if you manage to turn around a failing business or get an insolvent individual back on track, it can be extremely rewarding.

Do you have to pass Jieb to become insolvency practitioner?

Only an insolvency practitioner can undertake these roles. Only individuals (not firms or companies, etc) may act as insolvency practitioners. To become a licensed insolvency practitioner, you must first pass the Joint Insolvency Examination Board (JIEB) exams.

Is the Joint Insolvency examination board considering its position?

The Joint Insolvency Examination Board is very aware that many examination bodies are considering their position on exams which are taking place later this year. The Board is keeping the situation constantly under review and will keep students and tutors fully appraised of the situation.

What do you need to know about the Jieb exam?

The JIEB exam is a practical exam and tests the knowledge and skills that insolvency practitioners use in their working lives. You can see what was tested in recent years by looking at the past papers. The examiner’s report gives you an idea of the sort of thing they expect to see in the answers.

What do you need to know about insolvency practitioner licence?

With over 25 years’ experience in preparing learners, we’ll help demonstrate your skills and gain the opportunity to qualify for the coveted Insolvency Practitioner Licence. Testing your high-level knowledge of both corporate and personal insolvency, this JIEB qualification is made up of two individual exams.

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