LATEST INFORMATION ABOUT NEW EXAM TERM
Applications for examination should be submitted no later than 03.10.2014.
The application (available from the Agency’s web site) should be accompanied by:
- Proof of citizenship (not older than six months);
- Proof of payment of the application consideration fee (1,000 RSD); and
- of the examination fee (15,000 RSD).
Both amounts should be paid into the Agency’s bank account number 840-957627-96.
Of any additional documentary evidence that may be required to complete the application, candidates will be notified in a timely manner.
PROFESSIONAL EXAM CURRICULUM
The professional exam curriculum covers the following areas:
Bankruptcy law, including knowledge of national standards for administering the bankruptcy estate and code of ethics;
Other legal areasrelevant to the conduct of bankruptcy proceedings;
- Fundamentals of economics, finance and accounting;
Knowledge of the System for automated bankruptcy case management and electronic reporting.
MANNER OF TAKING PROFESSINAL EXAM
The professional examination is held, as a rule, twice a year, in May and November.
The date, time and place of holding the examination are determined by the Director of the Agency at least two months prior to the examination date.
The professional examination is consisted of written examination, oral examination and training for the use ofthe System for automated bankruptcy case management and electronic reporting.
Written examination is taken by answering multiple-choice questions by circling one of the choices provided, or by providing answers to stated questions, and includes at least 150 questions covering the following areas: bankruptcy law (60 percent of the questions), fundamentals of economics, finance and accounting relevant to the conduct of bankruptcy proceedings (20 percent of the questions), and fundamentals of legislation relevant to the conduct of bankruptcy proceedings (20percent of the questions). Each question is worth appropriate number of points to total the score of 100.
Candidates scoring at least 70 points on the written examination are eligible to proceed to the oral examination.
The oral component of the professional examination comprises of solving one hypothetical case and presenting it to the Commission.
Candidates failing the oral examination are entitled to retake the oral examination the first subsequent time the examination is offered, while their results from the written examination shall be recognised. Candidates who do not show satisfactory knowledge on the oral examination for the second time will be graded as “failed”.
After passing the technical part of the examination, the candidates attend training for the use of the system for automated bankruptcy case management and electronic reporting.
A candidate who does not obtain the certificate recognising the required knowledge of the automated bankruptcy case management and electronic reporting system is eligible to re-enter the training the first subsequent time the examination is offered.
A candidate failing the oral examination in the next examination period or failing to obtain the certificate recognising the required knowledge of the automated bankruptcy case management and electronic reporting system will be deemed to have failed the professional examination. Candidates’ general performance will be graded as “passed” or “failed”.
Further information about the curriculum and manner of taking the professional exam may be obtained by the Agency’s phone: 011/2636-993