Idea behind accounting exams process

seriams

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Passed one exam failed two. Rechecked one looking for 2% and turned down, fair enough. But I have to repeat the one that I passed. I know what I signed up to when joining but can anyone shed some light on their reasoning? Or is it the money racket that I was warned of?
 
This is standard practice for professional bodies. One has to have sufficient intelligence, skill and application to be able to pass three exams simultaneously.

Otherwise people would take them one at a time.

Usually, if one passes most of the exams , say 3 out of 4, one is only required to repeat the failed one. But if one only passes one exam out of three or four, one has to repeat them all.

Brendan
 
Brendan as always you are a wealth of information. Thanks for taking the time to respond.
 
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