Principles of Accounting CBE (from 2019)

The CIOT (in conjunction with the Association of Taxation Technicians (ATT) has created a new Computer Based Examination (CBE) which will be available from January 2019.

The new Principles of Accounting CBE will be in a similar format to the existing CBEs in Law and Professional Responsibilities & Ethics. A sample examination will be available in December 2018. Students will be able to book the new CBE from January 2019.

The new Principles of Accounting CBE is being introduced in response to employer feedback gathered during the course of consultations regarding the revised CTA exam structure which will be in effect from 2019.

The revised manual, Principles of Accounting, is available for purchase from shops on the CIOT and ATT. The order of topics in the Principles of Accounting manual has been changed so that a student is led from the basic accounting transactions, through to being able to look at, and understand, financial statements as a whole. Cash flow statements and basic ratio analysis have been added to the syllabus. The overall aim is to increase students' skills in being able to review the finanancial statements they are most likely to come across in practice.

Following its introduction, the Principles of Accounting CBE must be passed before students can apply for ATT membership. Students who have passed this as part of the ATT qualification will not  need to take it at the CTA level as it will be the same examination.


From 2019, credits awarded to students on the basis of another professional qualification will be called exemptions and will remain valid indefinitely. A credit will continue to signify a pass in a written CTA examination paper. A pass in the Principles of Accounting CBE will remain valid for nine examination sittings after it was first achieved.

The new examination will be sat by all students, although exemptions will be available to those who are exam qualified from one of the following professional accountancy bodies:

  • Association of Accounting Technicians (ATT)
  • Accounting Technicians of Ireland (formlery known as IATI)
  • Association of Chartered Certified Accountants (ACCA)
  • Association of International Accountants (AIA)
  • Chartered Institute of Management Accountants (CIMA)
  • Chartered Institute of Public Finance and Accountancy (CIPFA)
  • Institute of Chartered Accountants in England and Wales (ICAEW)
  • Institute of Chartered Accountants in Ireland (ICAI)
  • Institute of Chartered Accountants of Scotland (ICAS)
  • Institute of Chartered Accountants Australia (ICAA)
  • Institute of Chartered Accountants New Zealand (ICANZ)
  • Institute of Chartered Accountants India (ICAI)
  • South African Institute of Chartered Accountants (SAICA)