JIEB (Joint Insolvency Examinations Board) Exams

Why take JIEB in 2010?

There is an increasing recognition of the need to have people with specialist knowledge and experience of handling insolvencies, and increased value in having staff with an understanding of insolvency procedure and practices. In order become an insolvency practitioner, you will need to pass the JIEB examinations. You can apply to sit these examinations if you are a member of a Recognised Professional Body (RPB), or have satisfied the requirements of the Insolvency Practitioners Association (IPA), or Secretary of State for Trade and Industry.

Our JIEB Training

At BPP Professional Education we can help students to succeed in the JIEB exams. We have a long and successful track record of preparing candidates for their insolvency examinations. Our training programmes are specially designed for busy people who need to fit their studies around a full work schedule and offer the flexibility to make studying as easy as possible. At BPP we know there are no short cuts to exam success and we know too that your study time is likely to be restricted, and so needs to be properly focused. We therefore provide a range of courses, study materials and audio presentations to help you succeed.

We offer full link, distance learning and retake courses.

We also offer an optional course on insolvency accounts designed to help those unfamiliar with the accounts element of the syllabus that need to develop skill and confidence in approaching the numerical questions in the JIEB exams.

The Exam

The JIEB are a set of exams with a practical emphasis, and are held once each year in November. Candidates must sit the examination through the relevant RPB or sponsoring body.

The examination consist of three separate papers on:

• Liquidations
• Administrations, CVAs and Receiverships
• Personal Insolvency

Each paper is three and a half hours in length and consists of a mixture of written and numerical questions on practical insolvency issues. The examination is open book and candidates in 2010 will need to bring to the final examination an unmarked copy of Butterworths Insolvency Law Handbook. The overall standard is equivalent to the final qualifying examinations of recognised accountancy and legal bodies. You must pass all three papers to complete the qualification. You may attempt any number of papers at their first attempt, however any candidates that sit and retain a pass in any one paper must then pass the remaining two at the same session. All papers must be passed within a period of 5 years of your first attempt. It is now possible to take just the Personal Insolvency Paper to apply for a voluntary arrangement only licence. For more information on voluntary arrangement only licences, please see page 8 of our new 2010 JIEB brochure