Examinations are held twice a year, in Spring and Autumn, and take place online.
NOTE: From May 2025 all exams are online only and the pass mark for D1, CA and CFM is 60%.
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.
From the date a student receives their course they have 18 months in which to complete all tutorials and register for the next exam.
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 10 November 2025 - bookings close 12 October 2025
To register for the next exam please use the links below. 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 exams are to be taken online, with live Zoom invigilation. The exam dates are subject to confirmation depending on numbers.
- Diploma D1 Bookkeeping for Legal Finance Professionals - 11 November 2025, BOOK HERE
- Diploma D2 Legal Finance Compliance & Accounts Rules - 12 November 2025, BOOK HERE
- Certificate in Accounting for Legal Finance Professionals (CA) - 13 November 2025, BOOK HERE
- Certificate in Financial Management (CFM) - 13 November 2025, BOOK HERE
- Certificate in Legal Practice Management (CLPM) - 12 November 2025 TBC, BOOK HERE
- Certificate in Tax for Legal Finance Professionals (CTAX) - 13 November 2025, BOOK HERE
The exam registration time on the day is 9.30
Further detail for online exams can be viewed HERE.
Exam preparation sessions can be booked HERE.
- ILFM Diploma Paper D1: Bookkeeping for Legal Finance Professionals Exam - £96
- ILFM Diploma Paper D2 : Legal Finance Compliance & Accounts Rules Exam - £96
- ILFM Fellowship Exams: CA, CFM, CLPM & CTAX - £96 per paper
Resist students all inclusive exam fee and re-attending the exam prep session(s) - £124 (for all papers)
All candidates must register for the exam and will receive confirmation of their registration after the booking cut off date along with their candidate number and registration times. All candidates must attend an online exam invigilation practice session once dates are confirmed.
*Any requests for additional examination facilities or arrangements for reasons of a disability or learning difficulties will be considered. This would be where a candidate has been diagnosed as having a significant learning difficulty or disability which has a clear, measurable and substantial long term adverse effect on performance and speed of working. 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.
Exam re-sit
If you fail your exam, there is an option to re-sit. You should discuss this with your tutor and see what their recommendation would be. There is a fee for re-sit exams.
Feedback on Examinations Scripts
Students wishing to receive feedback on their examination paper, in the event of a fail, must make an application to the ILFM office. The request must be placed within 21 days from the results being announced. The fee for feedback is £52. Feedback will be supplied via e-mail and is limited to detailing where the marks were lost along with accompanying recommendations. As it is a closed book exam no exam papers or the questions can be sent to students with the feedback.
The Exam Regulation page is HERE.
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 Fellowship, (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 Fellowship certificate is a 3-hour examination.
ILFM Examination passes are graded as:
Pass 50%+ for D2, CLPM & CTAX
Merit 75%+
Distinction 90%+
Note - from May 2025 the Pass mark for D1, CA & CFM will be 60%.
To ensure standards are always the highest, the ILFM appoints an Independent Examination Moderator who sits on the Examination Board.
Future Exam Dates