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New look ICAS qualification
09 May 2019
Technology, trust and talent are the three key themes of the new ICAS qualification being introduced this September. The first big change will be the introduction of Business Acumen into the Test of Competence (TC). In a recent interview the ICAS education chief, Mark Allison, explained that bringing business acumen, commercial awareness, and initial entrepreneurial skills into level one will ensure students will be more relevant in the workplace.
From 2020 Assurance and Business Systems at TPS will become Assurance and Data. A new subject of Risk and Technology is also being incorporated into the syllabus. Meanwhile the tax paper will concentrate on business taxes, including transaction and employment taxes.
Those studying the CA qualification will also need to brush up on their quantitative skills. We are talking forecasting, sensitivity analysis and estimation here. They will all become an important part of the new course and through the syllabus.
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