ICAEW has now consulted the regulator, the Financial Reporting Council, about problems with the July case student exams, and it has been agreed that students who lost significant time will not have to resit. Instead, ICAEW will moderate their existing attempt with the plan to release results as normal on 27 August. PQ magazine was in discussion with the ICAEW about the problems tonight at 7.30pm, and it wanted to stress how sorry it was: “We sincerely apologise to all the students who have been affected by these unfortunate events. this is far from the experience we want for our students: it simple wasn’t good enough, and we want to put things right.” The ICAEW was also grateful for the FRC’s pragmatic and fair response. ICAEW’s Shaun Robertson explained that students had sat 85% of the exam (3.5 hours) and it just didn’t seem fair to make them do it all again. All the papers will now be moderated accordingly. Students who haven’t done so should now log their details with the special consideration process and this will all be taken into account. ICAEW has in truth done a great job in making a quick decision, and Robertson said it had to put student’s welfare first. |