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ICAEW Certificate in Insolvency modules

The ICAEW Certificate in Insolvency covers four key areas to ensure that students have a good grounding in the fundamentals of insolvency work and provides a basis for progression to a more advanced qualification in insolvency.

Specification grid

This grid shows the relative weightings of subjects and should guide the relative study time spent on each area.

Syllabus area Weighting (%)
The legal and regulatory framework for insolvency 15
Concepts and principles of insolvency 25
Corporate insolvency 40
Personal insolvency 20
Total 100

Course syllabus

The ICAEW Certificate in Insolvency syllabus covers everything an aspiring insolvency and restructuring professional needs to know.

Download the ICAEW Certificate in Insolvency syllabus
Legal and regulatory framework for insolvency - English law

  • Insolvency legislation and regulatory requirements
  • Role of courts
  • Joint Insolvency Committee
  • Statements of Insolvency Practice (SIPs)
  • Qualification requirements to be a licensed insolvency practitioner
  • Professional ethics

Concepts and principles of insolvency

  • Definition of insolvency
  • Types of insolvency
  • The insolvency practitioner
  • Impact on employees, creditors and other affected parties
  • Assets and transactions
  • Statement of affairs, other reports and estate accounting

Corporate insolvency

  • General concepts and processes
  • Voluntary liquidations (members and creditors)
  • Compulsory liquidations
  • Company voluntary arrangements (CVAs) and schemes of arrangement
  • Administration
  • Administrative and other receiverships
  • Turnaround and restructuring

Personal insolvency

  • General concepts and processes
  • Individual voluntary arrangements (IVAs)
  • Bankruptcy
  • Insolvent partnerships
  • Other solutions to personal insolvency problems (statutory and non-statutory)

Learning materials

The ICAEW Certificate of Insolvency learning materials include clear and comprehensive study notes, a work programme, question bank, audio presentations, a set of pass cards, and a mock exam.

If you choose either the classroom or distance learning routes, the learning materials will be included in the cost of your course. If you choose to study without following a tuition course, you can purchase the learning materials you will need directly from the tuition provider.