Accounting & Finance

    CIPFA
    End-Point Assessment

    Specification: 603/7910/8

    The CIPFA End-Point Assessment Accounting & Finance specification covers 1 topic with 5 learning objectives (603/7910/8). Use the topic browser below to explore subtopics, exam tips, common mistakes, and key terminology for each area of the course.

    This subject will help you develop key knowledge and skills required for exam success.

    1

    Units

    5

    Learning Outcomes

    5

    Assessment Guidance

    5

    Key Skills

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    Key Features

    • Master key concepts
    • Develop exam technique
    • Apply knowledge effectively

    Common Exam Mistakes

    Pitfalls to avoid in your exams

    • •Failing to distinguish between the CIPFA Code of Ethics and generic ethical frameworks in case study responses.
    • •Misapplying private sector accounting standards to public sector contexts, e.g., using IFRS 15 without CIPFA adaptations.
    • •Overlooking the distinction between revenue and capital budgets in local government financial planning.
    • •Providing generic tax advice without considering the specific tax status of public bodies.
    • •Focusing on theoretical controls without linking to the specific operational context of a public service organisation.

    Top Examiner Tips

    Expert advice for exam success

    • •Always align your answers with the current CIPFA Code of Ethics and the International Public Sector Accounting Standards (IPSAS) where applicable.
    • •Practice applying technical knowledge to realistic public sector scenarios; the assessment tests application, not just recall.
    • •Use a structured approach: identify issues, reference professional guidance, analyse impact, and recommend justified actions.
    • •Read all questions carefully to pinpoint whether the context is accountancy or taxation, and tailor the depth of your response accordingly.
    • •Manage your time to allow for review, ensuring all parts of a task are addressed and that your evidence explicitly meets the assessment criteria.

    Qualification Units

    1 units

    How this qualification is graded

    Vocational qualifications are marked against criteria, not an exam percentage. Each unit is assessed across three bands - build up from Pass by applying your knowledge to realistic workplace scenarios.

    Pass

    Accurately describe and explain the core knowledge for the unit and link it to the given scenario.

    Merit

    Apply and analyse that knowledge in detail, showing why it matters in the workplace context.

    Distinction

    Evaluate and justify decisions, weigh up alternatives and make well-reasoned professional recommendations.

    CIPFA Level 7 Accountancy or Taxation Professional End Point Assessment - Core Content

    The End-Point Assessment (EPA) core content evaluates the apprentice's integrated understanding of public finance accountancy or taxation principles, professional ethics, and applied technical skills within real-world contexts. It ensures candidates can demonstrate competence in managing public funds, preparing and interpreting financial statements, advising on tax implications, and upholding governance standards, reflecting the CIPFA professional body's requirements for qualified public finance professionals.

    CIPFA Level 7 Accountancy or Taxation Professional End Point Assessment

    5 learning outcomes10 guidance points

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    CIPFA End-Point Assessment Accounting & Finance Revision