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Level 4 lauch date
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Wed 29 Feb 2012 09:12 AM
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RuthAns
Member CB.Dip PM.Dip
Practice Licence
99 posts
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It looks like it has been set back yet again, it was supposed to be this week. I called the ICB but apparently there is still no news on when it will be.
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Ruth
www.shorebusiness.co.uk
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Wed 29 Feb 2012 11:13 AM
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Adrian
Member CB.Dip PM.Dip
Practice Licence
60 posts
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This is becoming a never ending tale of woe.
Perhaps someone at the ICB can gives us all a definite timetable and what it will allow us to do.
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Wed 29 Feb 2012 11:53 AM
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Stuart Wildman
Fellow
Practice Licence
683 posts
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Hi Adrian & Ruth
I too share your frustrations with the delay to level 4 exams however please bear with the ICB they are doing their best.
There have been and are some major and ongoing changes internally with moves towards ofqual and various other projects etc etc.
Kind regards
Stuart
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Forum Moderator, South East & Greater London Regional Chairman
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Wed 29 Feb 2012 12:55 PM
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Adrian
Member CB.Dip PM.Dip
Practice Licence
60 posts
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Thanks for that and I appreciate that ICB are doing things to resolve the matter.
I think it is the lack of information/updates that is the annoying and frustating part.
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Wed 29 Feb 2012 02:46 PM
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David Anfield
Fellow
Practice Licence
9 posts
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Hi,
Can I just support Stuart in his response. I think it could be viewed in terms of "growing pains". As Stuart says, the goalposts appear to have been moved recently (to our longterm advantage), and therefore the Institute needs to consider various elements prior to some restructuring and realignments. Though the wait may be frustrating, I'm sure you will find it worth waiting for.
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Wed 29 Feb 2012 07:04 PM
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FayRose
Member CB.Dip PM.Dip
Practice Licence
58 posts
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When these matters are finally resolved, will there be a notification regarding the standard achieved before the Level 4 can be taken?
I have CB Dip and PM Dip, is this sufficient ?
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Fay
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Wed 29 Feb 2012 09:07 PM
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Peasie
Member CB.Dip PM.Dip
Practice Licence
417 posts
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FayRosesaid:
“When these matters are finally resolved, will there be a notification regarding the standard achieved before the Level 4 can be taken?
I have CB Dip and PM Dip, is this sufficient ?”
I'm not sure the PM Dip is relevent for taking Level IV - although it is required to become a Fellow.
I don't think the CB Dip will be sufficient - I think you'll need Manual Bookkeeping Level III as well.
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. http://www.smbps.co.uk/
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Wed 29 Feb 2012 10:16 PM
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RuthAns
Member CB.Dip PM.Dip
Practice Licence
99 posts
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Thanks for the update.
For me - like Adrian - it is the lack of communication that is very frustrating. We were told it would be available this week and it simply hasn't appeared, I'm sure I wouldn't feel quite so annoyed if we'd been told it had been delayed again.
Do you have any idea what sort of delay we're talking about? 1 week....1 month....6 months....1 year??
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Ruth
www.shorebusiness.co.uk
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Wed 29 Feb 2012 10:38 PM
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kjmcculloch
Member CB.Dip PM.Dip
Practice Licence
702 posts
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I agree about a lack of communication. I seem to remember similar when M-day was initially being discussed.
I'm hoping to do level 4 during my summer break from college, I hope it's ready in time.
Kris
______________________
Kris McCulloch
www.kmbookkeeping.co.uk
Winner - BKN Most Innovative Accountancy Firm 2012
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Thu 01 Mar 2012 01:03 PM
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Adrian
Member CB.Dip PM.Dip
Practice Licence
60 posts
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It would be nice if all members and associates were advised at the same time as the fellows!!!
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Thu 01 Mar 2012 02:07 PM
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kjmcculloch
Member CB.Dip PM.Dip
Practice Licence
702 posts
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Adriansaid:
“It would be nice if all members and associates were advised at the same time as the fellows!!!”
I think we're now entering the realms of make believe. I think we'll find pixies and fairies in our gardens before this happens.
Kris
______________________
Kris McCulloch
www.kmbookkeeping.co.uk
Winner - BKN Most Innovative Accountancy Firm 2012
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Thu 01 Mar 2012 02:09 PM
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Adrian
Member CB.Dip PM.Dip
Practice Licence
60 posts
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Havent you seen them
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Thu 01 Mar 2012 02:19 PM
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Stuart Wildman
Fellow
Practice Licence
683 posts
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Adriansaid:
“It would be nice if all members and associates were advised at the same time as the fellows!!!”
I think you will find everybody is advised at the same time.
You may find certain members not just Fellows but MICB and AICB's may be more in the loop at thimes than others as they may be members of the various working groups that deal with these issues.
There have been two meetings recently at the ICB offices that I have been involved with that covered a range of topics one was the Fellows meeting and the other The Regional Chair's meetings.
Also when these questions are posed I take the time to speak to the various people at the ICB to try and find an answer.
a senior member of the ICB was also at the London Branch meeting last night and we discussed this very topic, the problem we face is no-one is booking in for the mock only one person so far the lack of take up means it is being given a lower priorty than other issues.
Kind regards
Stuart
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Forum Moderator, South East & Greater London Regional Chairman
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Thu 01 Mar 2012 02:29 PM
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James @ ICB
Member CB.Dip PM.Dip
Practice Licence
697 posts
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Hi all,
Well answered Stuart, was going to put exactly that here.
The Fellows are a type of working group themselves. They have been with the ICB for many years, done all the examinations, and most are invovled with other professional bodies, councils etc, and so make a good group to bounce ideas off before they are released to the masses.
We have had feedback that people are waiting for the actual exam to be released before they try the mock. Makes sense, don't want to get geared up for it, then wait 2 months for the actual exam.
I have pinged a message to the qualifications department to put an update out.
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Kind Regards
James
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Thu 01 Mar 2012 03:53 PM
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Adrian
Member CB.Dip PM.Dip
Practice Licence
60 posts
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Thanks for that Stuart and James. Perhaps it would be worth setting up a forum that deals with notes of meetings etc then it would be down to the members to look at it. I appreciate that should confidential things be discussed these should be excluded.
I am not really surprised that nobody is taking the mock. James is totally correct on that point.
Equally what is the point of purchasing the text books until one is sure that the exam is going to happen in a reasonable length of time.
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Thu 01 Mar 2012 04:19 PM
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MrsS
Member CB.Dip PM.Dip
Practice Licence
115 posts
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James - is there any way we can get the mock as a PDF? (maybe its just me and young children!)
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Thu 01 Mar 2012 07:58 PM
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RuthAns
Member CB.Dip PM.Dip
Practice Licence
99 posts
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Thanks James and Stuart.
It was me that did the mock (last Thursday, in preparation for doing the real thing this week), I was going to do the other one soon after but I am waiting now.
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Ruth
www.shorebusiness.co.uk
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Fri 16 Mar 2012 04:26 PM
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SarahH
Member CB.Dip PM.Dip
25 posts
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I have all of the textbooks for IV, but am not prepared to sit the mock until the real examination is available. So I can understand why take up has been so low.
To undertake an exam is a lot of hard work and hours of study and at the moment I cannot see a light at the end of the tunnel as to when we will actually get there. I just dont want to start studying if there's no end in sight.
But did you pass Ruth??? 
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Sarah
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Fri 16 Mar 2012 05:30 PM
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RuthAns
Member CB.Dip PM.Dip
Practice Licence
99 posts
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LOL yes I did!!
Can anyone give us an update?
Thanks
Ruth
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Ruth
www.shorebusiness.co.uk
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Fri 16 Mar 2012 05:38 PM
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Adrian
Member CB.Dip PM.Dip
Practice Licence
60 posts
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I totally agree with Sarah.
James did ask the qualifications department to issue something on 1st March and as Stuart said in his posts it was discussed at the London Meeting.
Is there some sort of secret here as this only appears to come up when some of the members mention it.
Come on please keep us all informed.
Edited at 16 Mar 2012 05:39 PM GMT
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Mon 19 Mar 2012 10:12 AM
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SarahH
Member CB.Dip PM.Dip
25 posts
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well done to Ruth just the real thing to do now (when it finally arrives)!!
I would also like to know if there will be any exemptions from some of the modules - eg an exemption from the personal tax element if you have already passed the Level III Self Assessment tax exam - and an exemption from Module 1 for ACCA or CIMA qualified students?
Thanks !
Sarah
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Sarah
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Wed 21 Mar 2012 12:03 PM
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SarahH
Member CB.Dip PM.Dip
25 posts
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Also - I was just wondering - I bought my textbooks last year for Business Tax & Personal Tax, surely they wont be relevant for much longer with changes in tax legislation?
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Sarah
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Wed 21 Mar 2012 12:18 PM
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KerryB
Member CB.Dip PM.Dip
268 posts
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SarahHsaid:
“I would also like to know if there will be any exemptions from some of the modules - eg an exemption from the personal tax element if you have already passed the Level III Self Assessment tax exam - and an exemption from Module 1 for ACCA or CIMA qualified students?
Thanks !
Sarah”
I emailed the ICB asking about the ACCA and exemption, and I have been advised on the following exemptions;
- F5 = ICB Level IV Management Accounting module
- F6 = ICB Level IV Personal and Business taxation modules
- F7 = ICB Level IV Drafting Financial Statements module.
______________________
www.berrybookkeeping.co.uk
My responses are based on my opinions, not necessarily facts.
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Wed 21 Mar 2012 01:11 PM
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SarahH
Member CB.Dip PM.Dip
25 posts
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Thank you, that's great
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Sarah
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Wed 21 Mar 2012 02:11 PM
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James @ ICB
Member CB.Dip PM.Dip
Practice Licence
697 posts
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Hi
The actual papers are now live: http://www.bookkeepers.org.uk/Shop/Category/Examinations
You can do a mock here: http://www.bookkeepers.org.uk/Shop/Category/Mock_Assessment_Online/Level_IV_modules
Good luck to all!
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Kind Regards
James
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