Exam info: CAP2 (CA Proficiency 2)
CAP2 Autumn 2017 - What to expect on results day
CAP2 Autumn 2017 results will be available online from 8am on Friday 10 November 2017.
Staff will be on hand from 8am to 4pm to answer any queries you may have on 01-5233926.
As we have a new website, students are advised before logging into their student portal to read the Step by Step guide which is available online on the CAP2 Exam page and is also included with your results letter.
In order to re-sit your outstanding CAP2 exams in June 2018 you will be required to enrol online through your student portal. If you are a flexible option student you will need to go onto your Student Portal and enrol for a minimum of two subjects.
If you are in a training contract please contact your training manager who will arrange for you to be enrolled. Enrolments will be available on your student portal from 8am on Friday 10 November until close of business on Wednesday 20 December. No late applications will be accepted.
The results letter will be posted to all students on Thursday 9 November, this will include your percentage mark per paper you sat and an overall Pass, Credit or Fail result.
All papers in CAP2 carry 100 marks.
Strategic Finance and Management Accounting, Financial Reporting and Auditing and Assurance papers include an Interim Assessment and this mark is included in your final result.
Interim Assessment scores can be carried forward to the next sitting if unsuccessful in this exam.
Appeals and information scheme
Under the scheme, a Student whose result falls into the category of CREDIT or FAIL may apply for any of the options listed above.
Important closing dates:
Next available sitting for CAP2 Summer is 26-29 June 2018.
Appeals and information scheme – close of business Friday 17 November 2017.
FAE examination enrolment details for Summer 2018
If you are successful
You will be required to enrol on a recognised education course in preparation for your first attempt. If you are in a training contract please contact your training manager who will arrange for you to be enrolled. If you are a flexible option student you will need to go onto your Student Portal and enrol on a recognised education course in preparation for your first attempt, this option will be available on your student portal from 8am on Friday 10 November. Please note that you will need to enrol by Friday 17 November if you are planning to attend the AARFP interim assessment. Important: Enrolments after this date will not be enrolled on the FAE AARFP interim assessment. Any queries please contact faeexam@charteredaccountants.ie
If you are unfortunately unsuccessful
In order to re-sit your outstanding CAP2 exams in June 2018 you will be required to enrol online through your student portal. If you are a flexible option student you will need to go onto your Student Portal and enrol for a minimum of two subjects.
If you are in a training contract please contact your training manager who will arrange for you to be enrolled. Enrolments will be available on your student portal from 8am on Friday 10 November until Wednesday 20 December 2017. No late applications will be accepted.
CAP2 Autumn 2017 interim assessments - papers and solutions
CAP2 Autumn interim assessment - pre seen material
Exam enrolment for CAP2
Students on an educational program for CAP2 will automatically be enrolled for their first sitting of the CAP2 exams.
Students needing to repeat an exam at CAP2 will need to enrol on the exam through our website.
Students need to be aware that late exam enrolments are not permitted once the closing date for exam entry has passed.
Reciprocal Exam Enrolment
Students wishing to sit CAP2 Taxation examinations as a reciprocal student will need to request an application form from the Examinations department.
Please click here to contact the CAP2 Exam Executive to request an application form
Assessment at CAP2
Assessment at CAP2 will continue with a blend of interim assessment and traditional examinations. As in CAP1, an overall mark of 50% will be required to pass each paper (combination of interim assessment and examination). Candidates are advised to consult the relevant examinations publications for specific regulations governing the operation of interim assessment and examinations.
The examination papers at CAP2 will be of three and a half hours duration and include a compulsory case study element. All examinations at CAP2, except for Taxation II, will be on a full open book basis (as per table below).
A modular approach is available at CAP2 (whereby students may sit two subjects at a time, rather than take all four subjects together). Please refer to the relevant examinations publications for specific regulations in this regard.
| Paper |
Subject |
Interim assessment |
Examination |
| Weight |
Description |
Weight |
Description |
| Paper 1 |
Audit & Assurance |
15% |
Practical audit assignment |
85% |
three and a half hour exam paper (open book) |
| Paper 2 |
Strategic Finance & Management Accounting |
15% |
Assignment based on pre-seen material and some personal research |
85% |
three and a half hour exam paper (open book) |
| Paper 3 |
Financial Reporting |
10% |
n/a |
90% |
three and a half hour exam paper (open book) |
| Paper 4 |
Taxation II |
n/a |
n/a |
100% |
three and a half hour exam paper (closed book) |
Exam results
The results for the CAP2 exams and interim assessments will be published on the Exam Results page in the Student Centre area.
Recommended downloads: CAP2
Exam and interim assessment: calendar and timetables for CAP2
- Papers 1, 2, 3, 4: Exam duration is three and a half hours per paper.
- In the Tax paper, candidates may choose to sit either the Republic of Ireland (ROI) or the Northern Ireland (NI) version of the paper.
Exam and interim assessment calendar 2018 for CAP2
| Session
|
Closing date
|
Examination held
|
Results date
|
| Summer assessment - Strategic Finance and Management Accounting |
17 November 2017 |
13 January 2018 |
23 February 2018 |
| Summer assessment - Financial Reporting |
17 November 2017 |
13 January 2018 |
23 February 2018 |
| Summer assessment - Auditing and Assurance |
20 December 2017 |
7 April 2018 |
18 May 2018 |
|
Summer exam |
20 December 2017 |
26-29 June 2018 |
17 August 2018 |
| |
|
|
Autumn assessment:
Financial Reporting |
22 October 2018 |
1 September 2018 |
28 September 2018 |
Autumn assessment:
Audit & Assurance |
22 October 2018 |
1 September 2018 |
28 September 2018 |
Autumn assessment:
Strategic Finance & Management Accounting |
22 October 2018 |
1 September 2018 |
28 September 2018 |
| Autumn exam |
22 October 2018 |
2-5 October 2018 |
9 November 2018 |
Interim assessment timetable: CAP2 2018 autumn session (Dublin ONLY)
| Subject |
Date |
Day |
Time |
| Financial Reporting |
1 Sept 2018 |
Saturday |
10:00am - 11:30am |
| Audit & Assurance |
1 Sept 2018 |
Saturday |
12:30pm - 2:00pm |
| Strategic Finance & Management Accounting |
1 Sept 2018 |
Saturday |
3:00pm - 4:30pm |
Exam timetable: CAP2 2018 autumn session
| Paper |
Subject |
Date |
Day |
Time |
| 4 |
Tax ROI & Tax NI |
2 Oct 2018 |
Tuesday |
9:30am - 1:20pm |
| 1 |
Audit & Assurance |
3 Oct 2018 |
Wednesday |
9:30am - 1:20pm |
| 2 |
Strategic Finance & Management Accounting |
4 Oct 2018 |
Thursday |
9:30am - 1:20pm |
| 3 |
Financial Reporting |
5 Oct 2018 |
Friday |
9:30am - 1:20pm |
Recommended education/study leave
The Institute recommends that training firms provide time off to their students to present for examination. The recommended education/study leave is intended to accommodate attendance on education courses, e.g. block release, and private study.
The following recommendations are made in relation to education/study leave for those preparing as first attempt candidates for the CAP2 exams:
| Paper |
Recommended study leave |
Exam leave |
| Papers 1, 2, 3, 4 |
seven and a half working days per subject |
one day (on day of exam) per subject |
| Any repeat/resit exam |
n/a |
one day (on day of exam) per subject
Excludes interim assessment resits |
NOTE:
Recommended education/study leave is exclusive of time required to sit the examination. Additional time off for sitting examinations is also recommended.
Please ensure you update your email address via the Profile page if you are going on study leave. There will be several important notifications being circulated in relation to the exams shortly before the exams and it is in your best interest to have this information as soon as it is circulated. This will include your exam notification letter with your exam number which must be presented during registration each day of your exams.
Exam centre
By default, you will be registered at the centre where you attend the course.
If you wish to change your exam centre, you must do so online before the deadline below. It is YOUR responsibility as a student to ensure that you have made any changes before this deadline as changes cannot be made once the deadline has passed.
- Deadline for changes: Monday 22 May 2017
Number of attempts
Students may make a maximum of six attempts over three consecutive years. The first sitting will normally be made at the summer session. If a student does not present or defers a sitting, this sitting will be classified as a forfeited attempt.
Adjudication of results
- Candidates are required to pass each subject independently.
- In order to pass each subject, the candidate must achieve a minimum of 50% or better (based on amalgamation of any applicable interim assessment component and the examination paper)
- Independent passes in each subject are referred to as credits. Where a candidate obtains a credit in every subject in the combination of subjects sat, his result will be adjudicated as Pass.
Extenuating circumstances affecting exam performance
If there are medical or other extenuating circumstances which you wish to have considered by the Professional Examinations Committee (PEC) at adjudication please complete and return the Medical Special Circumstances Application Form below together with supporting evidence. This form should only be submitted after an examination session within ten working days of the final exam to the following address:
Chartered Accountants Ireland
Exams Department
47-49 Pearse Street
Dublin 2
Have a Query?
If you have a query, please refer to our Support & Services page and contact the relevant department with your query.
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