"Changes to exam regulations
The November 2020 exams will be open book, as well as uninvigilated. This is due to the current situation regarding COVID-19 rather than a permanent change to our exams. You are reminded that you are bound by the CIOT/ATT ethical guidelines, must behave in the appropriate manner as a tax professional, act with integrity, receive no external assistance and sit the exam in a room alone. ID information will still be required, further details on this process will follow in due course."
WOW!! Pass rates will....
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Well back in the day ICAEW exams were open book for some papers, I certainly had tax tables for example, and an audit regs book which I cant recall what it was, but it was big and thick!
They went in under the arm, BUT crucially you know anyone looking at them in the exam more than once or twice had probably failed anyhow.
If it aint in your head you cant write quick enough to get it down to pass.
CIOT exams have been open book since the early 1990s at least (when I sat them). Not that I had time to look at my copy of Butterworths in the exam.
Open book does not really help, back in 1984-85 at Aberdeen University we took our Business Law exams accompanied by a publication that I think was called Mercantile Law Statutes, it contained The Partnership Act, Companies Acts, Insolvency Act etc(unannotated versions only permitted). It really was of very limited assistance during the exam.
I recall something similar re ICAS exams, I seem to recall Company Law statutes (though I was really p*ssed when they consolidated in 1985) and also Butterworths Yellow re the tax papers (I was mad as h*ll when they consolidated IT/CT in 1988)
As above, you have either done the work and know it or you have not, texts really do not help.
Thanks. This is wider. You will have access to Tolley's memory joggers for instance. As far I can see, everything will be permitted. It has to be this way because it will be uninvigilated for one time only.
Well someone will need to be on here to answer the questions then.
LOL!
That could be a nice little earner for a few of the more knowledgeable on here; provided they passed.
What about those of us that passed, but probably wouldn't be considered knowledgeable?