Exam info: FAE (Final Admitting Examination)

Competency statement

Exam enrolment for FAE

Students on an educational program for FAE will automatically be enrolled for their first sitting of their FAE exams.  Students sitting for their first attempt at FAE must sit in the main summer sitting.

Students needing to repeat an exam at FAE 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.

Assessment at FAE

This examination completes the qualification process and marks the start of a career as a Chartered Accountant; a career of life-long learning. The final examination elements are:

FAE Core: the core syllabus will be examined over two days and comprises several case studies.  Candidates will be expected to integrate knowledge, experience and skills across all technical areas when answering these cases.  In addition, candidates will be expected to complete a interim assessment assignment in the area of Advanced Application of Financial Reporting Principles.

FAE Elective: three electives are currently on offer: one each in the areas of Audit & Assurance, Taxation and Advanced Performance Management.

Students should also note that completion of the Audit & Assurance elective will be a pre-requisite for obtaining an audit certificate. Additionally, the Taxation elective forms Stage 1 of the Chartered Tax qualification.  However, these modules will also be available to take post-FAE, as part of Continued Professional Development (CPD) requirements.

Paper Subject Interim assessment Examination
Weight Description Weight Description
Paper 1 CORE: Comprehensive 1 Indicator AAFRP (Advanced Application of Financial Reporting Principles) min 7 - max 9 indicators four hour + 30 min reading time exam paper (open book)
Paper 2 CORE: Simulations min 7 - max 9 indicators four hour + 30 min reading time exam paper (open book)
Paper 3 ELECTIVE: Advanced Audit & Assurance 1 Indicator
Audit Elective min 7 - max 9 indicators
four hour + 30 min reading time exam paper (open book)
ELECTIVE: Advanced Performance Management 1 Indicator APM Elective min 7 - max 9 indicators
four hour + 30 min reading time exam paper (open book)
ELECTIVE: Advanced Tax ROI & NI 1 Indicator
Taxation Elective min 7 - max 9 indicators
four hour + 30 min reading time exam paper (open book)

Exam results

The results for the FAE exams and interim assessments will be published on the Exam Results page in the Student Centre area.

Recommended downloads: FAE

Exam and interim assessment: calendar and timetables for FAE

  • Papers 1, 2, 3 Exam duration is four and a half hours per paper.
  • Candidates are required to choose one of three Elective papers on offer.
  • In the Elective paper, Taxation, candidates may choose to sit either the Northern Ireland (NI) or the Republic of Ireland (ROI) version of the paper.

Exam and interim assessment calendar 2017 for FAE

Session Closing date Examination held Results date
Summer exam 3 March 2017 22 -25 August 2017 27 October 2017
Core Advanced Application of Financial Reporting Principles interim assessment 14 November 2017 9 December 2017 17 February 2018

Exam timetable: FAE 2017 Summer session

Paper Subject Date Day Time
1 CORE: Comprehensive Tuesday 22 Aug 2017 10:00am - 2:30pm
2 CORE: Simulations Wednesday 23 Aug 2017 10:00am - 2:30pm
3 ELECTIVE: Advanced Audit & Assurance Friday 25 Aug 2017 10:00am - 2:30pm
ELECTIVE: Advanced Performance Management Friday 25 Aug 2017 10:00am - 2:30pm
ELECTIVE: Advanced Tax ROI & NI Friday 25 Aug 2017 10:00am - 2:30pm

NOTE: Thursday 24 August 2017 is a break day.

Interim assessment timetable: FAE 2018 AAFRP assessment

Subject Date Day Time
Core: Advanced Application of Financial Reporting Principles 9 December 2017 Saturday 10:00am - 12:10pm

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 FAE exams:

Paper Recommended study leave Exam leave
Papers 1, 2, 3 35 working days in total 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 requests: Friday 21 July 2017

Number of attempts

Students may make a maximum of three attempts over three consecutive academic cycles.  It is mandatory for students to make the main exam sitting their first attempt.  Students may sit their remaining examinations over the main and/or resit sittings.

Should a student not present for either the main or resit sitting in an academic cycle, they are deemed to have forfeited one attempt.

Adjudication of results

  1. Candidates are required to pass each subject independently.
  2. 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)
  3. 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 FAE Committee (FAEC) 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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