About Our Exams

The Institute has a policy of recognising prior learning on a “like-for-like” basis

The Incorporated Public Accountant is an internationally recognised accounting qualification for those interested in pursuing a career as an Accountant. IIPA graduates are highly educated, thoroughly trained and well-rounded finance professionals. The process of becoming an Incorporated Public Accountant involves an advanced level study and a minimum of three years training in the accounting and finance field.

Exam Structure

PROFESSIONAL 1

  • Accounting Framework
  • Economics
  • Company and Business Law
  • Taxation
  • Management Accounting
  • Business Information Systems

PROFESSIONAL 2

  • Financial Accounting
  • Strategic Management
  • Financial Management

FINAL ADMITTING EXAM

  • Advanced Financial Accounting
  • Advanced Management Accounting
  • Advanced Taxation

QUALIFICATION

Successful completion of these exams, plus the necessary training (which can be done before, during or after passing the required exams) may qualify you for admission to the IIPA. This is full Associate Membership with the designation “AIPA”.

Electives

  • Audit
  • Audit Practice

If you wish to qualify as a Statutory Auditor you will need to pass the Audit electives. This can be done when undertaking the rest of the course, or you can gain your Incorporated Public Accountant professional designation first, and then sit the electives at a later stage.

Exemptions

It is the policy of the Institute of Incorporated Public Accountants to fully recognise the learning already undertaken by a potential student. The Institute has a policy of recognising prior learning on a “like-for-like” basis, if you have completed a subject on a certified qualification that is equivalent to a subject on the IIPA’s syllabus you will receive recognition for it. If you have completed any of the qualifications listed below you can find out straight away what exemptions you might qualify for:

Accounting Technicians:

Degrees:

Prescribed Accountancy Bodies

If you are a Member of the ACCA, CAI, CPA, CIMA, AIA, CIPFA, ICAEW or ICAS and are currently in good standing with that body you will qualify for direct admission to the IIPA. If you are currently part-qualified (including those that have “timed-out”) with the ACCA, CAI, CPA, CIMA, AIA, CIPFA, ICAEW or ICAS then you may qualify for exemptions from the equivalent subjects in the IIPA qualification.

Other Bodies

Members in good standing of any member body of the International Federation of Accountants will qualify for direct admission to the IIPA.