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Representative office CIPA-EN in Ukraine CIPA-Ukraine Project CIPA-Ukraine Project CIPA-Ukraine Project United States Agency for International Development
Representative office CIPA-EN in Ukraine CIPA-Ukraine Project United States Agency for International Development
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02.11.2006
Вниманию участников программы CIPA!

Нам нужны преподаватели!!!

Проект CIPA-Украина планирует провести в декабре 2006 г., серию 3-х дневных тренингов для преподавателей по предметам "Финансы", "Аудит", "Налоги и право". Тренинги будут проходить в г. Киеве.

Если Вы успешно сдали экзамен по указанному предмету, и у Вас есть желание преподавать по программе CIPA, присылайте заявку (с указанием предмета, тренинг по которому Вы хотели бы прослушать) и обязательно свое резюме (профессиональную автобиографию) на электронный адрес:

OLytvynenko@capcipa.biz

По курсу "Налоги и право" возможны варианты: только "Налоги" или только "Право"

Заявки на участие в тренинге для преподавателей и резюме принимаются до 19 ноября 2006 года.

По результатам полученных заявок будут отобраны кандидаты для участия в тренинге, которым будут разосланы приглашения.



14.09.2006
There will be no effective economic development without the strong and modern accountancy profession: opinions of professionals, governmental agencies, International Federation of Accountants

The round table titled How Strong Professional Accountancy Bodies Can Help Government Attract Investments and Ensure Stability was held at the LigaBusinessInform press center on Tuesday, September 12.

Neil Wallace, IFACNeil Wallace, Technical Manager of the International Federation of Accountants (IFAC) Developing Nations Committee, took part in the round table. This committee supports the development of the accountancy profession in all regions of the world, and IFAC is the worldwide organization for the accountancy profession dedicated to serving the public interest by strengthening the profession and contributing to the development of strong international economies.

How can professional accounting bodies help the Government?

Investment decisions are made on the basis of financial statements that are based on accounting. Therefore, high general level of the accounting profession is a key to effective national economy.

Participants identified a number of critical problems:

  • In many countries the profession is struggling to keep up with the growth of the economy. Every country in the world has opportunity for improvement. You need to admit the existence of problems and try to address them (Neil Wallace).
  • There is no uniform concept and system of accounting and audit regulation in Ukraine (Vadim Lynnyk, President, Ukrainian Association of Certified Accountants and Auditors)
  • IFRS implementation problems in Ukraine, prevalence of tax accounting over financial accounting. Many enterprises have to keep accounting records under three systems – national standards, IFRS and tax accounting (Yuriy Prozorov, President, Ukrainian Society of Financial Analysts; Valeriy Zhuk, Chief Executive, Federation of Auditors, Accountants and Financial Specialists of the Agro-Industrial Complex of Ukraine)
  • Lack of understanding by top managers and, even more, by company lawyers of the IFRS implementation process (Vera Rychakivska, Director, Accounting Department, national Bank of Ukraine).
  • Even if respective legal amendments are made, the problem still persists, who has the necessary competence to work under IFRS.
  • Need for proper training and continuing professional development of accountants, financial managers and auditors (Neil Wallace; Sergiy Golov, President, Ukrainian Federation of Certified Accountants and Auditors).
Also, as Ann Wallace, the Chief of Party for the Capital Markets project, pointed out, “The heart of … a capital market system are financial statements. They must be reliable, consistent and … timely. Pillar 2 [of the pension system] will be implemented in Ukraine in the year 2008 and 8.7 billion … must be invested in this country. If the accountants do not move to international accounting, you are going to find those funds leave Ukraine and find a place to invest where there are reliable and consistent financial statements”.

Vera Rychakivska pointed out that “the transition to IFRS is not subject to discussion”. On Golov’s opinion, “we may adopt IFRS, but will it be the reporting under international standards? Who will prepare these statements and who will audit them?” According to him, we should place greater emphasis on ethical issues in the accounting and auditing profession. “There is a lot of talk about it after Enron”.

Neil Wallace emphasized the need for the adoption of IFRS in full, without changing the text of international standards, because investors will always be suspicious of a country “tinkering” with IFRS if it adopts national standards “based” on international ones.

Tetiana Tymoshenko (Chief, Financial Planning, Accounting and Human Resource Office, Legislation Convergence Department, Ministry of Justice of Ukraine) pointed out that “it is with the assistance of professional organizations that IFRS are promoted and their importance is demonstrated”. In response to the question that served as a round table theme (“How Strong Professional Accountancy Bodies Can Help Government Attract Investments and Ensure Stability”), she also said:

“The need for further accounting and audit reform in compliance with market economy requirements and IFRS is the common task both for the central government and for all nongovernmental accountancy organizations. In the long run, it will facilitate the transition to efficient property management practices, attraction of investments to the real sector of economy; ensure economic growth and integration into the world economy”.

Summarizing the discussion, Neil Wallace pointed out that there were probably three words that are commonly used: adoption, implementation and enforcement. “Adoption is not that difficult,” says Neil Wallace. “Implementation - phenomenally difficult. The most crucial aspect of implementation … is education”. And if we are to ensure that the profession is going forward, we must rely on education of the highest quality. “What every country has to do… is to implement… a high quality examination system”.

In response to Mr. Prozorov’s question about similarities and differences between such a popular certification program in Ukraine as CAP/CIPA and such a well-recognized international program as ACCA, Neil Wallace said that “in a big country like Ukraine you are always going to see different qualification programs…and there is nothing wrong with the competition between qualifications… For example, in UK you can do the Scottish Institute exams, the English Institute exams, ACCA, CIPFA. The students will vote with their feet. The best education program will be the one that attracts the highest quality students”.

The round table was organized by the USAID CIPA-Ukraine project.

Registration for the November 2006 examination session under the CIPA program is open from September 5 through October 6, 2006.



14.07.2006
Greeting from Chief of Party, CIPA-Ukraine Project, Barry Pitts for the Accountant's Day

Chief of Party, CIPA-Ukraine Project, Barry PittsOn behalf of the U.S. Agency for International Development (USAID) and the CIPA-Ukraine Project, I want to congratulate all accountants and financial professionals on "Accountants Day", coming up on July 16th.

The accounting profession in Ukraine has come a long way in recent years, which is vitally important because a reliable accounting profession, based on International Financial Reporting Standards (IFRS), is a prerequisite for economic growth and is essential to attracting both foreign and domestic investment capital. Because Ukrainian Accounting Standards are based on IFRS, a thorough knowledge of International Standards is a must for the serious financial specialist.

Implementation of international and Ukrainian standards can only be achieved if auditors and accountants have the proper training and qualifications to prepare and analyze financial statements consistent with international norms. For those financial professionals who have received a professional certification from a recognized professional body, I offer you additional congratulations. Your hard work and dedication to the profession, your knowledge and skills demonstrated, will do much for your prosperity and the prosperity of your companies. For those who are still thinking about it, I would encourage you to enhance your professional skills and qualifications through the Certified International Professional Accountant (CIPA) program and open the door to new opportunities!

The CIPA Certification Program, through the Certified Accounting Practitioner (CAP) and CIPA designations, is creating a new generation of Ukrainian financial professionals whose scope of work will go far beyond that of a bookkeeper. This new generation will promote responsible financial management, accountability, professional values, and ethics. Their enhanced skills will lead to better business decision making at the enterprise level, increased profits and operational effectiveness, and improvement of general economic conditions in Ukraine.

Today, after a 4 year effort, there are nearly 2,000 CAP's in Ukraine, and over 6,000 in the CIS countries, and nearly 100 CIPA's. These are the new professionals, as seen here today, who are not only getting jobs today, but are getting the best jobs, and are being recognized by their employers as having acquired valuable skills to be entrusted with accomplishing important strategic tasks at the enterprise and train the professionals of tomorrow.

I wish you all the best in the future professional development, financial prosperity and career growth! Happy Accountant's Day!

Sincerely yours,

Barry Pitts



April 14, 2006
Registration for the July exams is open

CIPAEN has opened a registration for the summer exams that will take place from June 30 through July 3, 2006 in six cities of Ukraine: Kyiv, Odessa, Donetsk, Dnepropetrovsk, Lviv, Kharkiv.

The most convenient way to get registered is through the web-site www.cipa.org.ua. Completed registration forms also can be submitted personally to the Kyiv office of CIPA Examination Network, by mail (01001, Kyiv-1, а/я CIPA-EN) or through coordinators of registration. CIPAEN works toward the opportunity to pay the exam fee by any paycard or electronic monay through Internet. So, you will be able to get registered for exams without leaving your working place! To pay for exams you will simply need to sing up to your personal page at web-site www.cipa.org.ua and apart from usual registration form complete the special form for payment through Internet.

CIPAEN will accept VISA, VISA Electron, Mastercard, Cirrus/Maestro and electronic money "I-money" and "Webmoney" (WMU).

Please check out the web-site www.cipa.org.ua for news! When you receive that bulletin on-line payments will be available.

For more infromationa about registration please contact to the CIPAEN office in Kyiv at 8-044-247-69-60 or by-email: cipa-en@cipa-en.org.ua.



January 20, 2006
CIPA Examination Network has opened registration for the March exam session to be held on March 17-19, 2006.

CIPA Examination Network has opened registration for the March exam session to be held on March 17-19, 2006. Participants may register by sending a registration form by mail before February 17th, 2006 or through the web site by February 20th, 2006 using the personal page of CIPA participant at web-site www.cipa.org.ua.

There are several options to register for exams: by mailing registration form to CIPAEN mail box, Kyiv 01001, Ukraine; through Internet or regional coordinators of registration as well as in CIPAEN office in Kyiv, 11 Mikhailivsk'a vulytsia.

Examination Registration Rules are placed at web-site www.cipa.org.ua in "Registration" section.

The registration fee is 160 Ukrainian hryvnas per person per one exam.

Traditionally exams will take place in six oblast cities such as Kyiv, Donetsk, Dnipropetrovsk, Lviv, Odessa, Kharkiv. CIPAEN may set up exam centers in other cities of Ukraine if at least 30 participants from one city will register for exams and pay their fees for each exam day.

Please ask your questions about registration and exams at CIPA Hotline 8-800-50-2472-0 (free calls within Ukraine) or by e-mail: cipa-en@cipa-en.org.ua.



November 30, 2005
From IFAC News

IFAC Council Meeting

At its Council meeting in Auckland, New Zealand on November 17, the International Federation of Accountants (IFAC) introduced initiatives to help developing nations and further to support quality performance by accountants worldwide.

Developing Nations Initiative
Recognizing the critical role of the accountancy profession in contributing to the development of national economies, IFAC prepared new guidance entitled, Establishing and Developing a Professional Accountancy Body.

"The release of this guide demonstrates IFAC's increasing commitment to developing nations. It is one part of a comprehensive program to help developing nations worldwide achieve economic growth and stability," states IFAC President Graham Ward.

It will be available later as a downloadable electronic version from the IFAC website (http://www.ifac.org).

Member Body Compliance Program
Council members also addressed Part 2 of IFAC's Member Body Compliance Program, SMO Self-Assessment. This part of the program seeks to understand how members and associates are meeting the requirements of IFAC's Statements of Membership Obligations (SMOs), which establish requirements for members and associates to promote, incorporate, and assist in implementing international standards issued by IFAC and by the International Accounting Standards Board. The SMOs also establish requirements for quality assurance and investigation and discipline programs.

IFAC Constitution
In a workshop session, Council reviewed a proposed revision to the IFAC Constitution designed to strengthen the organization's governance arrangements both to enhance its operations and to conform with current best practices. The proposed revision would create a three-tiered governance structure that would include the IFAC Constitution, new IFAC Bylaws, and the IFAC Policies and Procedures Manual.

New IFAC associates accepted
During the meeting, the Council also accepted two new organizations as associates of IFAC:

  • Association of Accountants and Auditors in Armenia; and
  • Latvian Association of Certified Auditors.
IFAC Education News

IFAC Council Approves Name Change for the Education Committee
The IFAC Council approved changing the name of the Education Committee to the International Accounting Education Standards Board. The change was seen as necessary to reflect the Education Committee's authority to independently set standards and the equivalent level of legitimacy between it and other international standard setters.

Establishing Competence Requirements for Audit Professionals
At its next meeting on February 28-March 2, 2006, the International Accounting Education Standards Board (IAESB) plans to review a proposed International Education Standard (IES) on specific requirements for the education and training of professional accountants who have a substantial involvement in audit assignments, including transnational audit work. The translation of the proposed standard, Competence Requirements for Audit Professionals, issued as an exposure draft is posted in the IFAC Materials section.

Tools for Ethics Education Under Development
The IAESB, in conjunction with researchers, is developing a tool kit and an International Education Guideline on ethics education to assist IFAC member bodies, academic institutions and others in implementing the requirements of IES 4, Professional Values, Ethics and Attitudes. The tool kit and proposed guideline are expected to be available by March 31, 2006, and will be posted on the IFAC website (http://www.ifac.org).

IT Education for Professional Accountants
The IAESB is also addressing the need for updated guidance on information technology (IT) education requirements for professional accountants. It is currently updating International Education Guideline 11, Information Technology for Professional Accountants, to reflect changes in the information technology field and in practice. The IAESB plans to approve an exposure draft for release by March 31, 2006.

Guidance on Practical Experience Requirements
In December 2005, the International Accounting Education Standards Board (IAESB) will begin conducting a survey of a small number of IFAC member bodies to review the different approaches they take to practical experience. The results of this survey will assist the IAESB in developing international guidance on practice experience requirements.

Review of the UNCTAD Model Curriculum
The IAESB continues its cooperative efforts with the United Nations Conference on Trade and Development (UNCTAD) in the area of education requirements. It has undertaken a mapping exercise to compare the proposed updated UNCTAD Model Curriculum with the requirements prescribed in International Education Standard 2, Content of Professional Accounting Education Programs. The findings and recommendations of the review are currently being discussed with UNCTAD, and the IAESB has offered to work with UNCTAD on any future revisions to the model curriculum which might seek to address the comments and recommendations.



November 29, 2005
New IFAC Governance Document Structure Proposed

To ensure that its governance structure is clear and robust, the International Federation of Accountants (IFAC) proposed revisions to its Constitution that will better reflect the purpose of IFAC and how it will meet the expectations of stakeholders. Proposed changes proposed reflect a three-tiered governance document structure, which would include:

  • IFAC Constitution. The Constitution will remain the primary governance and foundation document of IFAC, and the process for its amendment by the IFAC Council would remain unchanged.
  • IFAC Bylaws. The Bylaws, currently being developed, would incorporate existing items from within the Constitution that provide greater detail in support of items addressed and include new provisions to further support the Constitution. The IFAC Board would have authority to amend the Bylaws with immediate effect until the next Council meeting, at which time the Council would need to approve the amendment for it to become permanent.
  • IFAC Policies and Procedures Manual. The manual, which is also currently being developed, would contain policies and procedures determined by the IFAC Board and management to support the Constitution and Bylaws.
The most significant amendment to the IFAC Constitution as a result of the review of the Swiss Civil Code is a clarification of IFAC membership. The Swiss Civil Code requires that all members have a vote at the Council. At present the IFAC Constitution refers to three categories of IFAC membership-full members, associate members and affiliate members. IFAC assigns different levels of obligations and rights to each of these categories. The Board considers that the intent of the Constitution was to allow only full members (referred to as "member bodies" in the Constitution) to have the ability to vote and to recognize two other categories, namely associate and affiliate members, without them being granted the right to vote at a Council meeting. Full members also receive other rights which are not provided to these two categories.

In addressing this issue the Board proposes that the Constitution should confirm only "full members" to be referred to as member bodies of IFAC and then state the rights and obligations for these members. In respect to the other two existing categories, the Constitution should be silent and the IFAC Bylaws incorporate the existence of "associates" and "affiliates", with the word "member" not used. The provisions relating to the admission, suspension, expulsion, rights and obligations of associates and affiliates would also be moved to the IFAC Bylaws. The power to admit and expel member bodies, associates and affiliates would remain with the Council.

The Constitutional Working Group will consider the comments received and prepare a revised Constitution for approval by Council in November 2006. When the revision is completed, it will be posted on the IFAC website.



September 29, 2005
IFAC Documents on CIPA-Ukraine Project Website

The International Federation of Accountants (IFAC) granted permission to post Ukrainian and Russian translations of important IFAC documents on our website. These documents include International Education Standards, Statements of Membership Obligations and IFAC Strategic Plan.

The translations were made by the Ukrainian Association of Certified Accountants and Auditors with the support of the USAID Ukraine Accounting Project.

The translated documents are posted in the IFAC Documents section.

Note: IFAC is the worldwide organization for the accountancy profession dedicated to serving the public interest by strengthening the profession and contributing to the development of strong international economies. IFAC's current membership consists of over 160 professional accountancy bodies in 119 countries, representing more than 2.5 million accountants in public practice, education, government service, industry and commerce. The organization sets international standards of ethics, auditing and assurance, education and public sector accounting and issues guidance for professional accountants in business..



Training schedule

Download.



May 13, 2005
Results of the March 2005 CAP exams

See more on CIPA-EN in Ukraine.



April 29, 2005
CIPA Trainings for All

See more on UACAA.



March 24, 2005
Dear CIPA Training Providers!
CIPA-Ukraine Project and the Ukrainian Association of Certified Accountants and Auditors invite you to participate in the round table "Organization of Interaction of a Professional Accountancy Association with CIPA Training Providers".
The round table will be held on April 1, 2005, in Kyiv.

The round table is expected to consider the following issues:

  1. Discussion of opportunities to improve the quality of the CIPA training and preparation of the list accredited training providers.
  2. Organization of interaction between UACAA and training providers in the following areas:
    • Providing informational and advertising support
    • Attracting trainees to participate through the Association
    • Issuing joint certificates (delete this)
    • Training of trainers
    • Cooperation agreement.
  3. Exchange of experience in delivering training sessions in different regions.
Participation in the round table is free of charge. The travel costs (round trip) of participants will be covered provided that they give original bus and train tickets not higher than the economy class, receipts for using a set of bed linen in the train.

To register for the participation in the round table, it is necessary to complete the application and send it to: office@uacaa.org.
The application can be downloaded here: Application
For additional information please call at: 234-93-39, 238-22-80



February 25, 2005
Last chance to register for the March exams through the web site

See more on CIPA-EN in Ukraine.



January 25, 2005
Registration for March exam session is opened

See more on CIPA-EN in Ukraine.



January 19, 2005
Appeal Procedure

See more on CIPA-EN in Ukraine.



January 14, 2005
Results of the November 2004 CAP/CIPA exams

See more on CIPA-EN in Ukraine.



December 15, 2004
Exam participation fee

See more on CIPA-EN in Ukraine.



December 06, 2004
2005 Exam Schedule - Final, 2006 Exam Schedule - Draft

See more on CIPA-EN in Ukraine.



November 05, 2004
Exam sites for the November 2004 examination session

See more on CIPA-EN in Ukraine.



November 01, 2004
Last chance to register for the November exams through the web site

See more on CIPA-EN in Ukraine.



October 01, 2004
Registration for November exam session is opened

The exams will be held in the following cities: Dnipropetrovsk, Donetsk, Kiev, Odessa, Kharkov, Khmelnitsky.

See more on CIPA-EN in Ukraine.



September 03, 2004
Appeal Procedure

See more on CIPA-EN in Ukraine.



August 17, 2004
Results of the June 2004 CAP/CIPA exams

Attention! See your personal page on the web site www.cipa-en.org.ua for results of the June 2004 CAP/CIPA exams.



May 13, 2004
You may register for examinations at: www.cipa-en.org.ua

Dear candidates!

You may register for examinations at: www.cipa-en.org.ua.

If you have never participated in the CIPA program before, and do not have the individual identification number, you may register here.

If you are a CIPA program participant and have the individual identification number, you may register for examinations through the personal page. You may go to the personal page from the web site's home page.



April 28, 2004
World Bank about CIPA program

"Learning Accounting and Auditing in Russian" By Adolf Enthoven.



April 26, 2004
PRESS RELEASE

INTERNATIONAL EXPERTS IN ACCOUNTING EDUCATION MEET TO IMPROVE TRAINING MATERIALS FOR CIPA PROGRAM

KIEV, April 6-8. The USAID CIPA-Ukraine Project hosted a meeting of the distinguished ICCAA International Advisory Council - Accounting Education Materials Working Group. Representatives of respected international accounting organizations and academic institutions from all over the world joined the working group. They are the International Federation of Accountants (IFAC), the Intergovernmental Working Group of Experts on International Standards of Financial Accounting and Reporting under the umbrella of the UN Conference on Trade and Development (UNCTAD/ISAR) - Dr. Mohamed Moustafa author of the Model Accounting Curriculum used in the International Education Standards of IFAC, the International Accounting Standards Board (IASB) that issues International Financial Reporting Standards (IFRS), Ernst and Young, Moscow State University, Kiev International Institute of Business, the Institute of Chartered Accountants of England and Wales (ICAEW).

The Kiev meeting was chaired by UNCTAD's Ms. Tatiana Krylova. The experts looked into the training materials for the only Russian-language CIPA professional accountant and auditor training, examination, and certification program to ensure they contribute as much as possible to students' success in the rigorous CIPA examinations. The group came up with a set of recommendations on tailoring the materials to the perfection that the world-class CIPA certification program requires.

Determining an optimal set of training materials for a Russian-language international certification program is a challenging task for the largely English-speaking international accounting community. It requires the involvement of both English and Russian speaking experts of proven competence to look at what materials are currently available in both languages, what adaptation they would require, if accepted, and what supplements should be developed in the Russian language. Apart from the need to scrutinize and compare the content of dozens of accounting texts, it is important to ensure that a suggested set of materials is comprehensive, consistent and up-to-date.

Aware of the challenge, the ICCAA (implementing the CIPA program) made a decision during its January Annual Congress to establish an International Advisory Council and working groups of experts in accounting education to review the CIPA training materials on an ongoing basis.

An important item on the agenda was a report by Prof. Adolf Enthoven of the University of Texas who conducted a review of training materials for the Canadian CGA program. The Canadian materials are being considered by ICCAA and USAID as a possible replacement for the set of texts and supplements currently in use. Mr. Enthoven admitted the CGA materials were of high quality and provided 'a good frame'. However, in Enthoven's opinion, they have yet to be internationalized to a greater extent to be accepted as core material for the CIPA program. Mr. Enthoven expressed the viewpoint to which most of the participants agreed that the core material should be accompanied by readings based on CIS practices whereas the CGA extensive readings are largely Canadian.

The group reviewed the training materials for all CIPA courses and made valuable recommendations. In particular, a number of texts available in Russian were suggested as supplements to the core material.

The Kiev meeting became the first in a series of similar events to be held as often as necessary to ensure the CIPA training materials improve on an ongoing basis and remain optimal as the content of accounting education evolves with new standards and practices coming into use.



March 31, 2004
Trainings for trainers in the CIPA-level courses

We are glad to inform you that we are planning to deliver a series of trainings for trainers in the CIPA-level courses.

Here's our training schedule:

Financial Accounting 2 (scheduled for April 24, 2004 - April 30, 2004 in Kyiv)
Instructor: Nataliya Vasylenko, CAP

Deadline for applications: Apr 15, 2004. Applications that will come in after this date will not be considered.

Managerial Accounting 2 (scheduled for May 24, 2004 - May 30, 2004 in Kyiv)
Instructor: Nataliya Vasylenko, CAP

Deadline for applications: May 10, 2004. Applications that will come in after this date will not be considered.

Audit (scheduled for May 24, 2004 - May 30, 2004 in Ivano Frankivsk)
Instructor: Olena Turiy, CAP

Deadline for applications: May 10, 2004. Applications that will come in after this date will not be considered.

Finance (scheduled for May 24, 2004 - May 30, 2004 in Donetsk)
Instructor: Nadezhda Yermolenko, CAP

Deadline for applications: May 10, 2004. Applications that will come in after this date will not be considered.

Every training session involves 60 hours of contact time. If you are not able to attend for the entire time, please, DO NOT apply. The participants are provided with textbooks and supplements. The participants are also provided with free lodging and 3 meals a day. The participants may get a refund of their travel expenses provided that they submit the original tickets and linen receipts. Only standard-class tickets will be accepted for refund (buses: standard-class, Autolux-class tickets not accepted; trains: 'kupe' and lower).

Candidate selection is based on resumes and references. Eligible candidates will demonstrate ability and willingness to teach the above courses. We invite specialists with training and/or practical experience in financial and managerial accounting, audit and finance.

Eligibility requirements:

A CAP certificate (Certified Accounting Practitioner) Success in the corresponding CIPA-level exam or a written commitment to take CIPA-level exams in the next exam session.

Please, send your resumes to training@capcipa.biz.



February 19, 2004
Dear CIPA program participants,

During its annual meeting in Moscow in January, the International Council of Certified Accountants and Auditors (ICCAA) made several important decisions further to promote the adoption and use of international accounting and audit standards and practices in the Former Soviet Union.

One of the most important ICCAA's decision is adopting a scaled scoring system for exams. Beginning later in 2004, the passing score for all proctored exams will be 75, which will be scaled to make sure the level of difficulty and passing requirement for each exam is consistent. As a result of this reform, there will be only one passing score required for Tax & Law, which will qualify for both the Certified Accounting Practitioner (CAP) and Certified International Professional Accountant (CIPA) levels. The introduction of the new passing score of 75 for CAP exams will be comparable to the 50% previously required and does not mean that the CAP exams will be more difficult to pass.

Those candidates who had score between 50 and 75 on Tax and law exam will be credited for CIPA level exam also. Moving away from a percentage score to a scalable score will simply mean that the difficulty of each exam and the level or competence required to pass will be consistent.



January 21, 2004
CIPA-EN runs PLASTIC CARDS project for all exam participants

Dear participants of the CIPA program!

We are glad to inform you of the introduction of plastic ID cards for CIPA exam participants.
You can use your plastic ID card to:

  • retrieve your exam results from your personal page at our website,
  • edit the content of your personal page, in particular the information open to prospective employers (only for individuals who have achieved CAP or CIPA designations),
  • sign up for training and exams following a simplified procedure (under development).
What does it take to obtain a plastic ID card?

First of all, we need to know your postal address. Without knowing it, we cannot send you your plastic ID card!
  1. a) In case you received by conventional mail a letter from the CIPA-EN Examination Network (such letters were sent out in late December 2003 - early January 2004 to a majority of CIPA exam participants), you were offered an excerpt from the CIPA-EN database with information about you. Please, verify that information, correct any errors and return the corrected version to us as follows:

    04053 Кiev, p/b CIPA-EN

    Please, make sure you indicate your postal address accurately: remember to specify your postal code, region, city, house and apartment numbers.

  2. In case you received no letter from CIPA-EN, please, report:
    • by e-mail to plastcard@capcipa.biz,
    • or to the above postal address,
    • or by fax on 044 247 6900,
    • or by phone on 044 247 6950 (contact persons: Svetlana Demchenko, Myroslava Serdyuk).
Please, indicate your exact postal address on your report!



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