Foundation

Financial Accounting
The nature and environment of accounting 30%
Double entry book-keeping 35%
Preparation of financial statements 25%
Using financial statements 10%

Cost Accounting and Quantitative Analysis
The nature and environment of cost accounting 5%
Cost classification and cost behaviour 20%
Recording of costing data 10%
Costing methods 15%
Planning and controlling costs 15%
Quantitative analysis 35%

Law and Effective Management Skills*
Law 30%
Personal effectiveness 35%
Effectiveness within organisations 35%

*non-assessed subject

Professional 1

Accounting Theory and Practice
Accounting theory 30%
Accounting practice 50%
Analysis and interpretation 20%

Management Accounting
Cost data for decision-making20%
Budgeting 20%
Budgetary control 20%
Relevant costs for short term decision-making20%
Investment appraisal techniques 20%

Audit
The audit contribution 25%
Innovation and assurance 10%
Performing useful and high quality work 25%
Audit in practice 25%
Auditing in an IT environment 15%

Information and Financial Management
Information systems 20%
Control 10%
Financial information management 15%
Performance management 15%
Project management 15%
Treasury management 25%

Professional 2

Financial Reporting and Accountability
The external financial reporting framework
Preparation of external financial statements
Accountability

The paper combines generic coverage with a sector specific element

Accounting for Decision Making
Decision making and the organisation
The pricing decision
Risk and uncertainty
Advanced investment appraisal

Public Policy and Taxation
The nature of public policy
The policy making process
Policy making and implementation
Principles of taxation
Taxation of individuals and public organisations

Business Strategy and Management
Organisation theory and structure
Human resource management
Introduction to strategic management
Strategic analysis and diagnosis
Strategic choice and evaluation
Strategic implementation and business planning

Professional 3

Finance and Management
Case Study Examination
Objective: to test the application of acquired skills rather than simply factual knowledge - to put candidates in, as near as possible, a practical office situation and test reaction under a time constraint

Project
Objective: to test the ability of students to plan a sustained financial review, evaluate information, evaluate problem-solving methods, identify options and communicate effectively

Format: A thesis of between 6,000 and 8,000 words on a financial topic of practical value to the employing organisation