What areas of finance are covered in the Test of Reading?
ICFE deals with finance in an international context. The following list is an illustration of some of the areas of finance featured in ICFE: • Accountancy software • Accounting standards • Assets and company valuations • Auditing • Banking • Budgetary processes • Buying • Company financial strategy • Data analysis • Debt recovery / credit policy / payment collection • Economic factors / conditions / forecasts in certain markets • Financial reporting (e.g. annual reports, company financial background, mergers and acquisitions) • Insurance • Professional ethics and ethical standards in accounting • Risk assessment / analysis • Financial aspects of setting up a company / drawing up a business plan • Stock market The ICFE examination will also cover relevant aspects of corporate governance. Please note: this list is not exhaustive, and is reviewed at regular intervals to ensure ICFE is up-to-date and continues to meet the needs of its target users.
