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CIPFA members seeking ICAEW dual membership

Information for CIPFA members with less than 5 years’ experience

Are you interested in registering for dual membership with ICAEW? This route allows newly qualified members of CIPFA to apply for ICAEW membership. Find out everything you need to know below.

Benefits of dual membership

  • CPFA accountants will be able to gain the ACA designation and become a member of ICAEW and use both sets of designation.
  • Dual membership will open wider career possibilities for members and provide greater flexibility to work across the private and public sectors.
  • Gain access to both CIPFA and ICAEW member benefits
  • Get dual membership for the price of one 

Application process

Corporate Reporting exam

The Corporate Reporting exams run twice a year in July and November and you can study it virtually, over 25 sessions per year, from 3-6pm. This is an open book Advanced Level exam that is 3.5 hours long with a pass mark of 50%. The advance information is available eight weeks prior to the exam. View the Corporate Reporting exam resources to find out more.  

Process for the July 2024 Corporate Reporting exam

  1. Complete the Expression of Interest Form via the CIPFA website, then pay CIPFA the £320* Statement of Intent fee.
  2. Apply to sit and pass the Corporate Reporting exam** and pay ICAEW the £204* examination fee. CIPFA will pay for your learning materials.CIPFA will pay for your learning materials if you are studying through CIPFA.
  3. The Statement of Intent booking window opens from 9-18 September 2024. Submit and pass your Statement of Intent.
  4. CIPFA will confirm your status of Good Standing.
  5. Make your ICAEW application for membership.

Process for the November 2024 Corporate Reporting exam

  1. Complete the Expression of Interest Form via the CIPFA website.
  2. Apply to sit and pass the Corporate Reporting exam** and pay ICAEW the £204* examination fee. CIPFA will pay for your learning materials. CIPFA will pay for your learning materials if you are studying through CIPFA.CIPFA will pay for your learning materials if you are studying through CIPFA.
  3. The Statement of Intent booking window opens from 6-15 January 2025. Submit and pass your Statement of Intent, then pay ICAEW the £320* fee.
  4. CIPFA will confirm your status of Good Standing.
  5. Make your ICAEW application for membership.

*Fees based on 2024 prices.

**Though you will be able to see other exams available online, please only book the Corporate Reporting exam. 

Learning materials

In order to prepare for the Corporate Reporting exam you will need to have the relevant learning materials*. All ICAEW learning materials are digital and in the exam you will have a link to your ICAEW Bookshelf that will allow you to view all purchased learning materials. You can also take any relevant hard copy notes into the exam, subject to desk space restrictions.

*Please contact CIPFA to receive your learning materials.

How to book your exam

You must book your Corporate Reporting exam within the booking windows, which open each year in May and September. The exams are sat in July and November. Although you will receive an email reminder when this window is opening, it is your responsibility to be aware of the dates and book your own exam.

You can book your exam using our online booking system and can sit at an exam centre or via remote invigilation.

**The Corporate Reporting exam is Advanced Level; please disregard the information on Professional Level exams.

Access arrangements

If you feel that your exam performance may be affected by a health condition, specific learning difficulty or disability you can apply for access arrangements to be put in place to support you. You can apply for access arrangements as soon as you are registered but you must submit your application by the closing date of the exam booking window.

Before you submit your access arrangements application, please read the webpage on application guidance. There are also two further guidance documents to consider:

Letters of Good Standing

CIPFA will confirm your status of Good Standing upon your registration. Good Standing includes the following:

  • You are a full CIPFA member
  • Date and year you were admitted to membership
  • Route taken into membership
  • Good disciplinary record
  • Full compliance with CIPFA’s CPD requirements
  • No known ethical reasons why you should not be admitted to ICAEW.

This criteria will be checked again after you have passed the Corporate Reporting exam and are ready to come into membership.