Kick off date: 29th January, 2011

Questions and answers about the new scheme

When will I be transferred to the new CSQS scheme?
You will be transferred to CSQS shortly after the last examination results from the current scheme have been released. This will be from February 2011, and you will receive a letter detailing your personal transfer arrangements from ICSA, UK.

Will I be required to sit any additional module?
You will receive a credit for all completed modules. Therefore you will not be required to sit any additional modules.

Will I be given any additional exemptions?
No - the exemptions that you were awarded on the current scheme will be transferred across to the new CSQS scheme.

I was unable to sit the November 2010 examinations (due to ill-health) and have been granted a postponement. What will happen to the module I postponed?
Your postponement will be transferred to the relevant CSQS module, subject to paying the postponement fee. You will have to sit the module at the next examination session.

I deferred my November 2010 examination entry to June 2011, what will happen to my entry? Which module will I have to sit in June 2011?
Your examination entry will transfer to the relevant CSQS module.

Can I use the current study texts which I have for the CSQS modules?
NO - you will need to purchase the new study texts relevant to the module. ICSA will release information about these texts once they become available.

I do not want to be transferred to the new CSQS scheme. Can I have a refund of monies already paid?
No - if you have not completed the current scheme, you will automatically be transferred to the new CSQS scheme. Fees are non-refundable.

Should I be taking the modules in any particular order?
If you are required to sit and pass any of the modules from CSQS Level 1 you are strongly advised to sit these before attempting modules from CSQS Level 2. The modules in Level 1 provide the underpinning knowledge for Level 2. If you are taking the Chartered Secretaries Case Study module, this must be taken after completing all other modules.

Will the examination date still be the same?
Yes - the examination will continue to take place in June and November of each year.

Can I choose another module on the scheme instead of the module which has been specified on my transfer arrangements?
No - you must sit and pass the modules specified in your transfer letter to be sent by ICSA

What do I do now?
Carry on studying on the current scheme and ICSA will contact you in February 2011 with your personal transfer arrangements.

Student A
Student A has a 'related degree (e.g. Law), so under the old scheme needs to take the final four Professional Programme modules to fully complete. After the November 2010 exam session, Student A has passed:
Corporate Administration
Corporate Governance

This means that under the new CSQS scheme, Student A will need to study:
Company Secretarial Practice
Financial Decision Making

Student B
Student B has a 'non-related' degree (e.g. History), so under the old scheme needs to take 'Corporate Law', 'Financial Accounting' and the final four Professional Programme modules to fully complete. After the November 2010 exam session, Student B has passed:
Corporate Law
Financial Accounting

This means that under the new CSQS scheme, Student B will need to study:
Corporate Governance or HSG
Applied Business Law
Financial Decision Making
Company Secretarial Practice

Student C
Student C has no prior Higher Education or equivalent qualifications so under the old scheme needs to take all eight Professional Programme modules to fully complete. After the November 2010 exam session, Student C has passed:
Management Accounting
Financial Accounting

This means that under the new CSQS scheme, Student C will need to study:
Corporate Law
Corporate Governance or HSG
Applied Business Law
Strategy in Practice
Financial Decision Making
Company Secretarial Practice

Student D
Student D has no prior Higher Education or equivalent qualifications so under the old scheme needs to take all eight Professional Programme modules to fully complete. After the November 2010 exam session, Student D has passed:
Strategic & Operations Mgt
Corporate Law
Financial Accounting

This means that under the new CSQS scheme, Student D will need to study:
Applied Business Law
Corporate Governance or HSG
Financial Decision Making
Company Secretarial Practice
Chartered Secretaries Case Study or an appropriate CSQS module - to be advised individually

For Non degree holders. Level 1: (1) Financial Reporting & Analysis (2) Applied Biz Law (3) Corporate Governance or HSG (4) Corporate Law. Level 2: (5) Financial Decision Making (6) Strategy in Practice (7) Corporate Secretarial Practice (8) Chartered Secretaries Case Study

For Degree holders - non related. Level 1: (1) Financial Reporting & Analysis (2) Applied Biz Law (3) Corporate Governance or HSG (4) Corporate Law. Level 2: (5) Financial Decision Making (6) Strategy in Practice (7) Corporate Secretarial Practice (8) Chartered Secretaries Case Study

Related degree (Law). Level 1: (1) Financial Reporting & Analysis (2) Corporate Governance or HSG. Level 2: (3) Financial Decision Making (4) Strategy in Practice (5) Corporate Secretarial Practice (6) Chartered Secretaries Case Study

Related degree (Finance). Level 1: (1) Corporate Governance or HSG (2) Corporate Law. Level 2: (3) Financial Decision Making (4) Strategy in Practice (5) Corporate Secretarial Practice (6) Chartered Secretaries Case Study

For fully qualified and current members of recognized Chartered Accountancy body with up to 5years relevant post qualification experience. Level 1: (1) Corporate Governance or HSG (2) Corporate Law. Level 2: (3) Corporate Secretarial Practice (4) Chartered Secretaries Case Study

For qualified Lawyers with up to 5years relevant post qualification experience. Level 1: (1) Corporate Governance or HSG; Level 2: (2) Financial Decision Making (3) Corporate Secretarial Practice (4) Chartered Secretaries Case Study

For fully qualified and current members of recognized Chartered Accountancy body and qualified Lawyers with 5years plus relevant post qualification experience. Level 2: (1) Corporate Secretarial Practice (2) Chartered Secretaries Case Study