Companies Act 2014 section 1631

Adequate standards to be applied in administration of aptitude test

Section 1631 requires recognised accountancy bodies to apply adequate, pre-approved standards when administering the aptitude test for sustainability assurance practitioners.

• Recognised accountancy bodies must apply adequate standards when administering the aptitude test referred to in section 1629.
• No standards may be used for this purpose unless they have first been approved by the Supervisory Authority.
• The Supervisory Authority acts as the gatekeeper, ensuring the quality and appropriateness of test standards before they are applied.
• This provides a safeguard that aptitude testing is conducted consistently and to an acceptable level across all recognised accountancy bodies.