CPI (Certificate of Proficiency in Insolvency)

Why take the CPI?

The CPI is an intermediate insolvency examination, which is recognised inside and outside of the insolvency profession as test of competence in insolvency administration. It is an exam for individuals working in insolvency or related areas, covering all of the key areas.

The examination is set by the Insolvency Practitioners Association.

Most students will either take this examinaton in order to give themselves a qualification which proves that they have a solid knowledge of the matters in Insolvency law and practice, or alternatively, they will take the CPI as a 'stepping stone' towards taking the JIE (Joint Insolvency Exams), which must be passed before applying for an Insolvency Practioners licence. Passing the CPI will not gain you any exemptions towards the the JIE, however it provides the best foundation for approaching these exams.

Success in the CPI exam will entitle you to apply for affiliate membership of the Insolvency Practioners Association. An affiliate member may describe himself as an 'Insolvency Technician'.

The Exam

The exam is a test of insolvency competence and consists of one 3-hour paper, held once a year.

40% of the paper is allocated to multiple-choice questions, while the remaining 60% is based on essay-style questions.

Approximately two thirds of the marks will be for corporate insolvency matters, while the remaining one third will be for personal insolvency matters.

We offer students the opportunity to study for the CPI exams either by link course or by distance learning course. As well as this, we also offer beginners courses in Corporate Insolvency, Personal Insolvency and Insolvency Accounts to help students with less insolvency background prepare for the CPI exams.