The ILFM Examinations

Examinations are held twice a year, in Spring and Autumn, and can be taken online or at a test centre in London, Manchester & Cardiff*. 

As this may not be convenient for everyone, it should be noted that it is also possible for candidates to arrange to sit a hand written, paper based examination at a local college/school (or other suitable venue), contact the ILFM office for further details.

* subject to availability

WE DO NOT ADVISE ATTEMPTING THE EXAM UNLESS YOU HAVE COMPLETED ALL THE COURSEWORK. You should discuss your exam readiness with your tutor before booking.

ALL students intending to sit the next exam must register before the closing date.  You are required to be a fully paid member in order to sit the exam. 

Next Exam Sitting w/c 9th May (bookings close 3rd April)

PLEASE NOTE THAT PRECISE DATES & TIMINGS ARE ALL TO BE ADVISED.

To register for the May exam - click HERE.  Please contact the office if you have any problems making your booking or if you are unsure whether the exam fee will apply

All our courses have an online exam option, with Zoom invigilation. Test centres (London, Manchester, Cardiff & Local, subject to availability) will be a paper based (handwritten) exam only. 
  • Diploma D1 Bookkeeping 
  • Diploma D2 LFCAR 
  • Associate AA Accounting for Legal Finance Professionals 
  • Associate AFM Financial Management 
  • Associate ALPM Legal Practice Management  
  • Associate ATAX Tax for Legal Finance Professionals 

Online exams only - further detail can be viewed HERE. 

Final dates, locations and timings for the May sittings are all to be confirmed and are subject to the situation at the time.

Exam preparation sessions can be booked here

One exam fee is already included in the package fee, the exam fee will apply to re-sits. 

  • ILFM Diploma Paper D1: Bookkeeping for Legal Finance Professionals Exam - £90
  • ILFM Diploma Paper OLD D2:  Legal Professionals and the Accounts Rules Exam - £90 
  • ILFM Diploma Paper NEW D2 : Legal Finance Compliance & Accounts Rules Exam - £90 
  • ILFM Associate Exams: A1, A2, A3 & A4 - £90 per paper

LOCAL VENUE

  • Candidates must arrange local venues themselves and will need to be a paper based exam, the local venue guidelines are attached at the bottom of this page.  Please contact helen@ilfm.org.uk for further information.

All candidates must register for the exam.  All registered candidates will receive confirmation of their registration after the cut off date along with their candidate number.

*Any requests for additional examination facilities or arrangements for reasons of a disability or learning difficulties will be considered. Each application will be considered on an individual basis, your application should include details of the disability, your requirements and supporting medical evidence. Applications should be made in addition to the exam enrolment booking and should be sent no later than the enrolment deadline for the exam sitting you wish to apply for. The ILFM will make every endeavour to accommodate your needs.

Unlike many organisations, admission to the higher grades of membership is by ILFM Qualification only. To this end, the ILFM has its own structured examination scheme. Because of the varied ages and backgrounds of those joining the ILFM, there are no formal requirements for embarking on the following examination route:

The Diploma, Paper One - Bookkeeping for Legal Finance Professionals & Paper Two - Legal Finance Compliance & Accounts Rules - These are 3-hour examinations and are intended to test the immediate working knowledge of the office environment.

The Associate, (three mandatory parts) For Diploma Members only - This is designed to test career students on a deeper understanding of the many legal and accounting topics they will meet in working life.  Each Associate certificate is a 3-hour examination.

The Fellowship, (by thesis and presentation) - This is the ILFM's highest qualification.  Further information can be found by selecting the Fellowship link from links listed on the left of this page.

ILFM Examination passes are graded as:
Pass 50%+
Merit 75%+
Distinction 90%+

To ensure standards are always the highest, the ILFM Examination Board includes an external examiner from the College of Law.

The Fellowship is graded as a pass with 50%+, a merit with 65%+ and a distinction is 80%+.

Future exam dates:
w/c 9th May 2022
w/c 7th November 2022
 

 

 Exam Regulations page 

  • Local Venue Rules