Professional Competence Level
The test of professional competence in management accounting is made up of two component parts that must both be achieved to complete the test.
The two components can be taken in any order.
Credits are used to measure success, rather than marks.
To pass, students must achieve an aggregated minimum of 75 credits ' made up of a minimum of 50 credits for Part A: initial professional development ' work based practical experience (maximum 50 credits) and a minimum of 25 credits for Part B: case study exam (maximum of 50 credits).
Students are advised to undertake both parts concurrently, although they can be taken in any order once all strategic level exams have been completed.
The overall result for the test of professional competence in management accounting can only be given when both component parts have been completed.