The FAE examination is very different to exams previously sat. The case studies give no specific requirements, there are no specific mark allocations and subjects are not examined in the single discipline. FAE assumes your knowledge and tests your understanding and application of that knowledge in a real business-type scenario. FAE expects students to think like a professional, in an integrated manner, and give the professional analysis and advice expected of a chartered accountant.
The FAE exam contains two elements:
FAE Core: FAE core comprehensive
FAE Elective: One of the electives detailed below must be completed.
- Advanced Auditing and Assurance
- Advanced Taxation (ROI/NI)
- Advisory
- Financial Services
- Public Sector
Completion of the Advanced Auditing and Assurance elective is a pre-requisite for gaining an audit qualification. Electives are also available for completion post-FAE, as CPD.