Could insolvency be the right path for you?
For professionals wishing to qualify as Insolvency Practitioners, ICAS offers a range of training courses to bring you up to speed in this highly regulated area of practice.
The full range of options includes:
- Joint Insolvency Examinations (JIE);
- Certificate of Proficiency in Insolvency (CPI);
- and the Certificate of Proficiency in Personal Insolvency (CPPI).
Jamie McIlvride, Business Recovery Administrator at French Duncan, made the decision to pursue a CPI and was recognised as the highest achiever for the qualification in 2015.
Why did you decide to undertake the Certificate of Proficiency in Insolvency training?
Having previously worked as an Accounts Assistant, working in Insolvency presented very different challenges. The level of technical knowledge required is very high, especially with regards to the statutory legislation, therefore the CPI offered a valuable foundation from which I could progress to handling more complicated cases.
What was your opinion of the course?
I found the course to be well organised, with a mixture of live online tutorials and face to face workshops to cover the more challenging topics. The reading material provided was concise and easy to follow, while the tutor, Jude Howson, was particularly helpful.
Jude was always able to answer any query I had, no matter how obscure, given her extensive experience in a working practice background.
Was your employer supportive of your decision to gain new skills?
The Insolvency Practitioner and my manager were both very supportive in encouraging me to complete the qualification, whilst the firm was helpful in giving study leave to attend workshops, complete online lectures and prepare for the exam.
CPI is a widely recognised qualification in the Insolvency industry, and there is no doubt the technical knowledge attained from the course is invaluable for your everyday work.
What is the most important thing you learned that you use in your current role?
Working mostly in Corporate Insolvency, I feel the most important thing is the confidence you gain from having the technical knowledge to back up decisions that have to be made in often difficult situations.
Would you recommend the course and others like it to fellow professionals?
For anyone starting out or in the early stages of their Insolvency career, I would highly recommend completing the CPI.
The Certificate of Proficiency in Insolvency (CPI) and Certificate of Proficiency in Personal Insolvency (CPPI) are great first steps to pursuing a career in insolvency. ICAS and BPP deliver these training programmes through a blended learning approach incorporating live interactive lectures and classroom-based teaching. Timetables for 2018 are now available.