Below are some questions we get asked about assessments, so it's worth checking if you are looking for something specific. If you can not find what you are looking for, please get in touch with us at assessment@treasurers.org so that we can help you out.
Do I have to book an assessment?
Yes, you will need to complete an online assessment booking form and pay a fee for each assessment you wish to take.
Please book your assessment by the published dates, as we are unable to accept any bookings after the deadline. If you miss a particular deadline, you will need to book on the next exam session, once the booking window opens.
View assessment dates and book
Do I need to be an ACT member to book and sit an assessment?
You do need to hold some form of membership of the ACT whilst you study an ACT qualification or take an ACT Assessment.
The type of membership you need to hold will depend on which qualification you are studying for.
Treasury qualifications
Certificate in Treasury Fundamentals – Student member
Certificate in Treasury – Student member
Diploma in Treasury Management – Affiliate member or a student member if you have transferred over from the old qualifications or you have come through the direct entry route
Cash qualifications
Award in Cash Management Fundamentals – Student member
Certificate in International Cash Management – Student member
You cannot book or take an assessment if your membership is not up to date. If you would like to speak to us about your membership, please get in touch with us at membership@treasurers.org
What happens if I miss the assessment booking deadline?
It is very important you book your assessment by the published dates, as we are unable to accept any bookings after the deadline.
If you miss a particular deadline, you will need to book on the next exam session, once the booking window opens.
View assessment dates and book
What is Surpass?
Surpass is the online assessment system used by our candidates to sit their assessments.
You can watch a video here about how the system works.
Who are ProctorExam?
ProctorExam delivers the online invigilation software that is used for the online assessments.
You can watch a video here about how it works.
What is a Proctor?
A proctor is an American term for an invigilator.
When I book my assessment does that mean it is also scheduled in Surpass and ProctorExam?
Yes, your exam will be automatically scheduled in Surpass and ProctorExam.
What time does my exam start?
If your exam is session based (Diploma) your exam will start at 9.30 local time.
If your exam is on demand (CertTF, CertT, AwardICM, CertICM) you can choose the time you want to start the exam.
For session based and on demand exams, you must ensure you have provided the correct time-zone when making your assessment booking to ensure your exam is available at the planned time.
What are the technical requirements for using ProctorExam?
Details on the technical requirements are available on the on the Assessment Need to know page
What do I need to know to take an assessment online?
Information on how to prepare yourself for your online assessment is available on the Assessment Need to know page.
It is extremely important that you read all the information on our webpages and in our emails prior to your exam to ensure you are sufficiently prepared.
Do I need Photo ID to sit my online exam?
You will need to show photo ID during the check in process of your exam. You will be asked to hold up the photo ID to the webcam or show it to the live proctor.
Accepted IDs include:
- a valid passport or travel document
- driving license
- identity card.
If you do not show your ID or it is not a valid ID, you will be disqualified, and you will need to re-take your exam.
How long will my exam be?
Certificate in Treasury Fundamentals (CertTF)
- One online multiple-choice exam (MCQ)
Duration: 90 minutes, but please allow an additional 30 minutes for the check in process prior to starting your exam.
Certificate in Treasury (CertT)
- One online combination MCQ and written exam for each unit (five exams in total).
Duration: each exam is two hours, but please allow an additional 30 minutes for the check in process prior to starting your exam.
Diploma in Treasury Management (AMCT)
- Units 1 and 2 - One online written exam for each unit
Duration: three hours each, plus 25 minutes of reading time, but please allow an additional 30 minutes for the check in process prior to starting your exam.
- Unit 3 is a mini-dissertation of 6,000 words, based on a company of your choice.
- Units, 4A and 4B – One online written exam for each unit.
Duration: three hours each, plus 15 minutes of reading time, but please allow an additional 30 minutes for the check in process prior to starting your exam.
Advanced Diploma in Treasury Management (FCT)
- One online written exam.
Duration: four hours which includes 30 minutes of reading time. Please allow an additional 30 minutes for the check in process prior to starting your exam.
- One dissertation submitted online (15,000 - 20,000 words each)
Award in International Cash Management (AwardICM)
- One online multiple-choice exam (MCQ).
Duration: 90 minutes, but please allow an additional 30 minutes for the check in process prior to starting your exam.
Certificate in International Cash Management (CertICM)
- One online written exam.
Duration: two hours, but please allow an additional 30 minutes for the check in process prior to starting your exam.
Where can I sit my assessment?
You can sit your assessment anywhere using your PC/Laptop providing it meets the minimum requirements as stated on the Assessment Need to know page.
You must not sit at work, or use a work laptop, due to possible firewall issues.
Do I need to test my equipment before taking an assessment online?
Yes, you must test your equipment in advance of your exam day.
You will be emailed a link approximately two weeks before your session-based exam window, or 72 hours before your on-demand exam, to help test your equipment.
However please read through the Assessment Need to know page to help prepare you in advance of checking your equipment.
Can I use my own calculator in an online assessment?
Yes, you are allowed to take your own calculator in to the exam.
Your calculator must meet the requirements stated on the Assessment Need to know page and you will be required to hold up your calculator during the check in process. An on-screen scientific calculator will also be provided as part of the assessment software.
How and when do I submit a Diploma in Treasury Management assignment?
You will submit your completed assignment by the published deadline within Surpass.
View assessment dates and submit
What will the structure of my assessment be?
The structure of our qualifications allows you to focus on the key subject areas associated with each unit, and importantly, how that knowledge applies to practice.
The assessments for the qualifications have been designed to help develop the skills and competencies associated with treasury roles and as such, for the Certificate in Treasury and the Diploma in Treasury Management each unit will have its own assessment. This will enable you to see your progress as you go, rather than taking just one assessment having completed the studies for an entire qualification.
The assessments for all ACT qualifications will be online and remotely invigilated. This means that you will be able to take your assessments at a place that is convenient to you, so you won’t have to travel to and from exam centres, which will reduce the time, stress and personal costs associated with assessments.
Remote invigilation is probably a new experience for most, but by using screen sharing technology and real-time invigilation, ACT can be assured of a secure exam environment, even if the test is taken in your home, which makes taking an exam more relaxed and certainly more convenient.
Are there practice exam papers I can look at?
Practice papers are available here - you will need to be a member of the ACT to view them.
Where can I get some pre-assessment support?
We run 1-2-1 coaching services for the following qualifications:
- Certificate in Treasury Fundamentals
- Certificate in Treasury
- Diploma in Treasury Management
- Award in International Cash Management, more information is available on the study site
- Certificate in International Cash Management, more information is available on the study site.
If you have any specific questions, please use the forum on the ACT Learning study site.
How and when do I get my pre-seen case study for either the Diploma in Treasury Management Units 1, 2, 4A and 4B?
Your case study is available no later than two weeks prior to the assessment date. You will receive an email to tell you when it is available.
How and when do I get my Diploma in Treasury Management Unit 3 dissertation brief?
Your brief will be available no later than 4 weeks before the deadline date to submit. You will receive an email to tell you when it is available.
Can I defer an assessment?
We accept deferrals under certain circumstances. Click here to see if you are eligible to defer your assessment.
Do I have to pay again to retake an assessment if I can’t attend?
We accept deferrals under certain circumstances. Click here to see if you are eligible to defer your assessment.
Do I have to pay again to retake an assessment if I fail?
Yes, you will need to complete the online assessment booking form and pay the relevant fee.
How and when will I receive my assessment results?
Treasury qualifications
Certificate in Treasury Fundamentals
You will receive a provisional indication of pass or fail on screen at the end of the assessment.
Your confirmed result will be available for you 10 working days after your exam.
Certificate in Treasury, the Diploma in Treasury Management and the Advanced Diploma in Treasury Management
Your results will be marked and moderated before receiving an email notifying you that your results are available.
Published result dates are available here.
Cash qualifications
Award in International Cash Management
You will receive a provisional indication of pass or fail on screen at the end of the assessment.
Your confirmed result will be available for you 10 working days after your exam.
Certificate in International Cash Management
Your results will be marked and moderated before receiving an email notifying you that your results are available.
Published result dates are available here.
When do I see my results on the website?
Once a month we run a process to confirm who has achieved a qualification. If you successfully complete a qualification, your name and organisation will be published on our website. You will receive an email to confirm this with a link to the webpage. You can follow the link and request to change the details. The celebrate success page is an opt-out page.
When do I apply for Post Assessment Feedback (PAF)?
You can apply for a PAF from the time you receive your results for the Diploma in Treasury Management and the Advanced Diploma in Treasury Management.
We recommend applying for a PAF only once you have reviewed the past paper.
Due to the nature of multiple-choice assessments (applicable to the CertTF, AwardICM, CertT and CertICM) we do not provide PAFs for these assessments.
You can find more information on the process on our Post Assessment Services here.
How do I order my transcript or replacement certificate?
You can order your transcript or replacement certificate by using our booking forms for either service.
You can find more information on the process on our Post Assessment Services here.