Final preparations to material to take into the TPE exam
Once your block 2 classes are finished you are well on your way to the final TPE exam. TPE Level Controller Cat Devaney shares her important pointers on what material you can take into the exam and how to use it.
You will have been able to practice with your exam material across your mocks and should now be at a stage where your exam material is being finalised.
The 5 hour 30 minute exam might appear to be an abundance of time to search through the material you’ve brought into the exam hall, but it isn’t – you might have already experienced this in your mocks!
The aim is to have easy access to key elements of assumed knowledge, so you can apply them easily in a time-pressured case study. You cannot place too much reliance on being able to teach yourself technical knowledge on the day; read on for final preparations to TPE exam material.
How to prepare material
To assist you in deciding what material you should take into the examination we prepared a guide, which includes frequently asked questions. This formed part of your introduction material before attending TPE classes. It is accessed through your myCABLE workspace and can be referred to at any time.
- You may take any reference material into the exam hall in hard copy and / or in electronic form;
- TPS permitted texts: it is expected that you will bring your TPS books into the exam. Any combination of books / years is acceptable;
- TC and TPS material: the summary pages from each chapter can be very helpful as a reminder of key technical points;
- Business scenarios: consider the case study skills two exercises on business scenarios. These will help you to organise / index assumed knowledge to deal with various business scenarios. They can be included in your exam material as reference tools;
- Pro-forma calculations: pre-formatted calculations are good to have - remember that the calculation is likely to contain more than you will ultimately need in the exam, as you will have tried to cover all eventualities. It may be quicker and cleaner to create a new calculation than to attempt to edit a pro-forma;
- Pro-forma documents: reports, letters, emails and slide presentations should now be formatted to easily use in the exam.
For example, reports should have:
- A very basic cover page – a ‘Private and Confidential’ only
- Content page
- Introduction heading – you can draft appropriate basic caveats to then tailor / remove depending on what the report is on or who the report is for. For example, if no tax advice is being given there is no need for a tax caveat, therefore, you would need to remember to take this out
- Executive summary heading.
We wish you all the best in your exam and hope these points are very helpful!