Pearson has signed an agreement to transfer LCCI qualifications to The Institute of Accountants and Bookkeepers (IAB) as of 1/10/2023. Epiteugma Training Center is officially registered with IAB.
To register for an LCCI course at Epiteugma click here and see the information for Levels 1-2-3.
To register for an LCCI exam, please read the below bullet points A through D and then the steps 1 through 8 to register further down this page.
- If you have any questions you should contact us from the contact form here, as all requests must be in written format. Do not call or email us with regards to the registration procedure, as steps 1 up to 8 are very clear if you read them.
- For LCCI past papers & solutions download this Microsoft Word file and follow the instructions in it. The available papers are only those mentioned in the Microsoft Word file, thus do not inquire from us any other papers. All past papers are valid for IAB LCCI exams.
- To view the LCCI syllabus for all subjects click on each level (the syllabus has not changed with the transfer from Pearson to IAB): Level 1, Level 2, Level 3
- Below you may find various useful exam related information:
— All LCCI exams, as of April 2024, will be computer-based over the Internet.
— Epiteugma is equipped with computers, which will be used to take the LCCI examinations. Candidates will NOT need to bring their own laptops.
— After the registration period is over (see step 2 of the registration procedure), candidates will be submitted to IAB, candidates online accounts will be created by IAB, and finally from these accounts candidates will have access to the exam style sample questions. Do not email us or call us about this, as when the accounts are created, we will notify you.
— When you receive your IAB account password from us, follow these steps in order to access the sample exam questions:
Using each candidate’s email address provided upon registration AND the password sent from us, login on https://etc.iabportal.com (do NOT click on Create an Account, click on LOGIN) > type the code sent to the candidate’s email address > click on the button ‘Verify 2FA code’ > note that the FIRST time you login, you need to change your password !!! > click on ‘My Courses’ > find the course you registered in and click on the button ‘Click to learn’ > click on the button ‘Multiple Choice Test’ or ‘Retry/Restart Assessment’ > at the end of the instructions put a tick on ‘I’ve read the information above and I’m ready to begin the assessment’ > click on the button ‘Start Assessment Now’ > click on the button ‘Continue’ > the sample questions will appear, which you may start answering.
In case you have any problems with these steps and you cannot see the sample exam questions, please refer to bullet point “A” at the top of this page. Note that more or less these steps will be the same on the day of the actual LCCI exam. Make sure you read the red paragraph below on this page. LCCI instructors are NOT given account access by IAB, but instructors may ask one of their students for their login credentials in order to be able to see the sample questions.
— The possible categories of exam questions are the following:
Multiple choice – select a single correct response
Multiple response – select all correct responses
Insert values – write the correct answer, often from your own calculations (when writing decimal amounts use a dot)
Match items – link related items, definitions, etc
Fill in blanks – insert/select the correct words in the spaces provided
Drag and drop – move the appropriate word or number into the spaces indicated
— Exam duration: 2 hours
— Exam number of questions: 30
— Pass level: 60%
— Each question is worth between 1 to 4 marks/points.
— When a candidate answers a question wrongly, they get zero marks/points (there is no negative marking).
— The exam can only be taken ONCE and when the candidate has started the exam it cannot be stopped.
— 2FA code will be disabled on the exam day.
— Exam starting-ending time: all exams will be conducted in 3 sessions in the range of 8:00am-3:30pm (exact times will be announced to the registered candidates at a later time as per step 6 of the registration procedure).
— Candidates should ensure that they arrive 15 minutes before the scheduled start of their exam. Any candidate who arrives after the start of the examination will not be allowed to sit the examination. Exact examination times will be sent as per the instructions on step 6 of the registration procedure.
— Candidates must bring with them their ID or passport in order to take the exam.
— Candidates might see a specific scenario on one question which will be the same scenario as in another question, but the actual question asked will be different.
— Candidates during the exam will be able to go back and forth on the various exam questions.
— All candidates will need to place their mobile phones in a special box provided by the examiner. Candidates can pick up their mobile phone after they finish with their exam.
— Candidates who are not able to login successfully, will not be able to take the exam and no other arrangement will be made.
— Candidates who submit a wrong email address or need to change the submitted email address (provided during the candidate’s registration), need to pay an extra fee of 20 euro. The same fee also applies to candidate name or ID or passport number corrections that need to be made.
— IAS terminology will be used as of the April 2024 examinations. However, if any candidate is familiar with the previously used UK GAAP terminology, they can refer to this PDF, which they will need to bring with them, as it will not be provided by the exam center.
— All exam sessions will be recorded for quality assurance purposes. Moreover a seating chart of the candidates will be kept for reference to be used in conjunction with the video recording in case further investigation needs to be conducted. Candidates that attempt to cheat in any way during an exam session will be removed from the examination room and IAB will be notified accordingly.
— Allowed items to be used during an exam: pen, pencil, eraser, sharpener, blank or lined paper, a standard calculator and a standard dictionary, transparent water bottle (which will be placed on the floor). All of these items will be checked thoroughly by the examiner. All of these items CANNOT be placed inside any sort of case or bag. A see-through material may be used to store/carry these items.
— Not allowed items during an exam: ear buds, smart watches, programmable calculators, non-transparent water bottles or any other non-transparent liquid container.
— IAB does not offer Level 3 Financial Accounting and Level 4 Financial Accounting qualifications.
— Exam location is Epiteugma Training Center. Please see contact information and Google Map here.
— With regards to the April and June examinations which are relatively close to each other time-wise, if the April results are not announced before the June registration deadline, IAB will offer late registration option for the June exams.
— With regards to results and certificates see steps 7 and 8 below (scroll down).
The following registration steps are for registering LCCI candidates:
- The examination fees are as follows:
— Level 1: € 150
— Level 2: € 160
— Level 3: € 170 - The next examination dates are as follows, with a registration deadline midnight of 24 May 2024:
— Level 1: 24 June 2024
— Level 2: 26 June 2024
— Level 3: 28 June 2024
(note that the next series exam will take place the 4th week of November 2024, where registrations will open at a later time) - To register one or more candidates for a series exam complete the registration form here
— you will need to download this excel file to submit the candidates’ information with the above registration form (all the columns in the Excel file have to do with the candidates)
— all registrations are final and cannot be moved to a future series - You will receive an automatic Google Form confirmation by email
- You should make one payment for all candidates to the Bank of Cyprus, within 3 working days from the day of the registration
— pay before the deadline as seen in step 2
— specify ONLY YOUR full name at the deposit or the bank transfer, which is also your receipt, thus do not call or email us to verify your payment and do not send it to us
Account Number:357015641261
IBAN:CY50002001950000357015641261
SWIFT/BIC:BCYPCY2N - IAB does not issue exam entry slips like Pearson did. All exams will take place in the morning in multiple sessions/slots in the range of 8am until 3:30pm. You will receive instructions about your exam time, approximately 3 days before the exam, do not call or email us about this.
- When exam results are released and we process them in our electronic system, we will notify you by email, do not call or email us about this.
- When we have the certificates, we will notify you by email that the certificates have arrived, do not call or email us about this. We will send the certificates to you by ACS Courier. When you get the SMS from ACS Courier, make sure you go to pick them up promptly, otherwise ACS sends the certificates back to us. If this happens there is a fee of 20 euro.