...UK Qualification Equivalence This table specifies the educational standard that each level of the ACCA Qualification and foundation-level qualifications equate to in the UK education system. ACCA QUALIFICATION/LEVEL UK national QUALIFICATION LEVEL ACCA Professional Level Masters degree ACCA Advanced Diploma in Accounting and Business Bachelor degree ACCA Diploma in Accounting and Business Certificate of Higher Education Intermediate Certificate in Financial and Management Accounting GCE Advanced Level Introductory Certificate in Financial and Management Accounting GCSE Level ACCA FOUNDATIONS: Introductory Certificate in Financial and Management Accounting FA1 Recording Financial Transactions MA1 Management Information Intermediate Certificate in Financial and Management Accounting FA2 Maintaining Financial Records MA2 Managing Costs and Finance Diploma in Accounting and Business FAB Accountant in Business FMA Management Accounting FFA Financial Accounting Foundations in Professionalism Module All of above plus two of the following: FTX Foundations in Taxation FFM Foundations in Financial Management FAU Foundations in Audit PROFESSIONAL ETHICS MODULE Diploma in Accounting and Business F1 Accountant in Business F2 Management Accounting F3 Financial Accounting Advanced Diploma in Accounting and Business SKILLS F4 Corporate and Business Law F5 Performance Management F6 Taxation ...
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...CPA firms and auditors should be very selective in accepting engagement with new clients. They have to think of potential problems they could run into that could permanently affect their reputation. Before accepting a new client, the auditor should investigate the history of the client by obtaining information about the company and the management. If this information presents a level of engagement risk that the CPA firm is comfortable with, then they can move forward with acceptance. The procedures that auditors perform to determine whether or not they are going to accept a new client or continue working with an old one are the “foundation of the risk assessment process, primarily at the financial statement level” (2). a. Present arguments supporting a decision to accept Tierra Corporation as an audit client. Considering the different areas of risk that Tower & Tower would be undertaking, there are some arguments to support their decision to take Tierra Corporation on as a new client. First, Tierra Corporation’s banker and attorney had great things to say about the company. Nothing that was mentioned was a concern for either of those outside parties. Next, the company is successful and profitable. The profitability of the potential client would actually reduce the amount of engagement risk (3). Another argument for the acceptance of the new client is that Tower & Tower seems to be in a position to take on the engagement. Next, this company would result in a...
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...RELEVANT TO ACCA QUALIFICATION PAPERS P1, P3, P4, P5, P6 AND P7 How to tackle exams: a marker’s perspective I have been lecturing students for more than 15 years (usually over 400 at every sitting) preparing them for their final level strategic management paper, and my advice echoes many of the points made in the examiner’s recent video presentation. I decided to become a marker to help me understand why apparently well-prepared students performed badly in the actual exam. I wanted some insight because, whenever a student marginally failed, they would insist that they did not understand why. This article will hopefully show how the good advice given by your tutor and the examiner often falls on deaf ears. In my marking experience I have seen how students who marginally fail do so not as a result of lack of knowledge, but because of very basic mistakes in technique – many of which are mentioned in the examiner’s presentation. The points considered in this the article are highlighted in bold and address some of these basic mistakes. Where appropriate, I have tried to back up these points from my experience as a Paper P3 marker. The examiner identified the following key points: • • • • • However you study, ensure that you cover the complete syllabus Undertake practice scenario questions under realistic time constraints Practice your handwriting in three-hour sessions Read widely, keep up to date, be aware of global trends and issues Revise properly and comprehensively. Don’t...
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...3rd Floor Green Road Panthapath Dhaka 1205 Bangladesh 8 February 2015 A Examination results Session: December 2014 Paper details P1 Governance, Risk and Ethics P3 Business Analysis Results Details Mark(%) 51 55 Result Pass Pass B Examination status at 8 February 2015 following the December 2014 session is: Paper details F1 F2 F3 F4 F5 F6 F7 F8 F9 Accountant in Business Management Accounting Financial Accounting Corporate and Business Law Performance Management Taxation Financial Reporting Audit and Assurance Financial Management Status Exemption Exemption Exemption Pass (66%) Pass (50%) Pass (60%) Pass (69%) Pass (64%) Pass (62%) Session Dec 12 Dec 12 Dec 12 Dec 13 Jun 13 Jun 13 Dec 13 Jun 14 Dec 13 Paper details P1 P2 INT P3 P4 P5 P6 P7 Governance, Risk and Ethics Corporate Reporting Business Analysis Advanced Financial Management Advanced Performance Management Advanced Taxation Advanced Audit and Assurance Status Pass (51%) Pass (51%) Pass (55%) To be attempted To be attempted To be attempted To be attempted Session Dec 14 Jun 14 Dec 14 * * * * GLO UK INT INT * Optional 2 from 4 Paper designations: GLO = Global. INT = International. UK = United Kingdom. C Ethics & Professionalism modules status at 8 February 2015 is Professional Ethics module is mandatory FIP Not Completed D Practical experience requirement status at 8 February 2015 is: Essentials 1 2 3 4 5 6 7 8 9 Ethics, values and judgement Effective governance Raise awareness of non-financial risk Manage self...
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...Office check Student’s signature Enrolment Form | ACCA Part-time Courses 2011/12 Please make sure that you complete all sections of this application form clearly in black or blue ink and block capitals and return by Post/ Fax/ Email to: LSBF, Admissions, 9 Holborn, London, EC1N 2LL, United Kingdom Tel: +44 (0) 207 823 2303, Fax: +44 (0) 207 8232302, Email: admissions@lsbf.org.uk Please note that an English translation should accompany all non-English documents. For further up-to-date information about the application process please refer to www.lsbf.org.uk/students/apply.html Student Details Title: * Mr Ms Mrs Miss Other (please specify)...................................................................................................................... Surname: *....................................................................................................... First Name:*....................................................................... Home address:*............................................................................................................……........................................................................ City:* …………………...........................................Country: *.................................................................... Postcode: ................................ Correspondence Address:* (if different from home address)….............................................................................................
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...01 TechnicAl during The recenT globAl economic crisis, isA 570, going concern hAs been A well-esTAblished source of guidAnce for AudiTors. AddiTionAl direcTion hAs been provided by The iAAsb’s prAcTice AlerT AudiT considerATions in respecT of going concern in The currenT economic environmenT, issued in JAnuAry 2009. relevAnT To AccA QuAlificATion pAper p7 The recent global economic crisis, commonly referred to as the credit crunch, has provided many challenges for both the preparers and the auditors of published financial statements. For auditors, ISA 570, Going Concern is a well-established source of guidance, and additional direction has been provided by the IAASB’s Practice Alert Audit Considerations in Respect of Going Concern in the Current Economic Environment, issued in January 2009. In the UK, the APB issued the Bulletin Going Concern Issues During the Current Economic Conditions in December 2008. Both of these are examinable documents for the Paper P7 exams in 2010. The auditor’s objectives in relation to going concern ISA 570 contains well-established guidance on going concern, including the following objectives for the auditor: ¤ to obtain sufficient appropriate audit evidence regarding the appropriateness of management’s use of the going concern assumption in the preparation of the financial statements ¤ to conclude, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt...
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...North Face Case Questions 1. Should auditors insist that their clients accept all proposed audit adjustments, even those that have an “immaterial” effect on the given financial statements? Defend your answer. No, clients are not required to accept all proposed audit adjustments that need to be made to the financial statements. However, the auditor is required to challenge management to justify not recording these adjustments. Regardless of the justification, the auditor needs to be aware that even if theses misstatements don’t effect the financial statements they can lead to material misstatements that can be in other parts of the financial statements. The possibility of prior financial statements containing material misstatements is of concern as well as material misstatements showing up in future audits. The auditor is required to document the nature and effect of the misstatements as well as the conclusion as to whether the misstatements can cause the financial statements to be misrepresented (PCAOB. 2002). 2. Should auditors take explicit measures to prevent their clients from discovering or becoming aware of the materiality thresholds used on individual audit engagements? Would it be feasible for auditors to conceal this information from their audit clients? The materiality threshold is going to vary from organization to organization but auditors have long used the materiality threshold in the preparation and audit of the financial statements of 5%. If the auditor...
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...THIS ARTIcLE OUTLINES AND ExPLAINS THE cONcEPT Of AUDIT RISK, MAKINg REfERENcE TO THE KEY AUDITINg STANDARDS WHIcH gIVE gUIDANcE TO AUDITORS AbOUT RISK ASSESSMENT. 01 TEcHNIcAL audit risk RELEVANT TO AccA QUALIfIcATION PAPERS f8 AND P7 AND This article outlines and explains the concept of audit risk, making reference to the key auditing standards which give guidance to auditors about risk assessment. Identifying and assessing audit risk is a key part of the audit process, and ISA 315, Identifying and Assessing the Risks of Material Misstatement Through Understanding the Entity and Its Environment, gives extensive guidance to auditors about audit risk assessment. The purpose of this article is to give summary guidance to CAT Paper 8, Paper F8 and P7 students about the concept of audit risk. All subsequent references in this article to the standard will be stated simply as ISA 315, although ISA 315 is a ‘redrafted’ standard, in accordance with the International Auditing and Assurance Standards Board (IAASB) Clarity Project. For further details on the IAASB Clarity Project, read the article by Lisa Weaver, examiner for Paper P7, in the August 2009 issue of Student Accountant. WHAT IS AUDIT RISK? According to the IAASB Glossary of Terms1, audit risk is defined as follows: ‘The risk that the auditor expresses an inappropriate audit opinion when the financial statements are materially misstated. Audit risk is a function of material...
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...BPP LEARNING MEDIA PUBLICATIONS CATALOGUE JANUARY-JUNE 2014 Multimedia learning materials from the experts Publications Catalogue | January – June 2014 bpp.com/learningmedia Part of the Apollo Global Education Network. All information is correct at time of print. For our latest prices and full terms and conditions please visit bpp.com/learningmedia Our materials are used by students and learning providers in over 188 countries At the heart of our business is a dedicated team of over 120 skilled and innovative individuals We sell to 51 countries in Europe Our most popular qualification is ACCA, we sell our products in 168 countries We provide a wider range of CIMA exam material than any other publisher We sell to more than 350 institutions in the UK We sell to 37 countries in the Americas We sell our CIMA materials in 108 countries We sell to 52 countries in Asia We sell to 44 countries in Africa Our FIA products are sold in 145 countries Our global distributor network includes over 80 distributors present in every continent Welcome to BPP Learning Media At BPP Learning Media, we seek to inspire, enthuse and guide people from all walks of life on every step of their educational journey. We have a passion for imparting knowledge and improving lives through education. The fact you are reading our publications catalogue tells us you share that passion. Together, we can work to improve life and career aspirations across the world. The trusted...
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...年，高顿财经职业教育中心将继续秉承高顿教育一贯的严谨教学风格、一 流教学质量，凭借国际化的全球视野、业内顶尖的师资团队、强大的研发中心、过研 的教学管理，为广大学子奉献最完美的课程。 高顿财经职业教育 CPA 培训历年来开设基础精讲班， 习题强化班， 冲刺班等多元 化班级，近年来更为了提高学员 CPA 学习的适应性，开设零基础长线辅导班，加长课 时， 加强 CPA 考试科目基础知识教育， 为零基础或基础较为薄弱的学员学习考试 CPA 创造良好的机会。近年来我们的合格率一直居于同类培训前列，科目合格率基本上超 过 50%，更有税法经济法科目创造超过 70%的高通过率。 选择，成就未来！ BETTER CHOICE, BETTER FUTURE 财经职业培训网：www.gfinance.cn 咨询电话：021-61507067 61507097 2 中国财经职业教育领导者 —————————————————— 财会行业纷繁复杂的各类从业资格、洋证书常常会令人难以抉择。不同的证书适用对象各不相同。哪个更 知名？哪个更有有权威性？不同层次、不同需求的会计人又应该如何做选择？对财会从业人员及有意涉足 这一职业领域的人员来说，要想通过考证而有所收获，首先应了解清楚不同财会证书的适用对象及其实用 性。 一、各种会计类项目的汇总 国内资格 注册会计师/CPA 会计从业资格考试(上岗证) 会计职称考试-(中级) 会计职称考试-(初级) 注册税务师/CTA 会计职称考试-(高级) 注册资产评估师/CPV 房地产估价师 造价工程师 审计职称考试-(中级) 审计职称考试-(初级) 土地估价师 注册资产评估师(珠宝)执业资格 价格鉴证师 国外资格 ACCA/英国特许会计师 CIA/国际注册内部审计师 AICPA/美国注册会计师 CGA/加拿大注册会计师 CFA/注册金融分析师 CIMA/英国特许管理会计师 ACA/英国特许会计师 CMA(美国管理会计师)/CFM(美国财务管理 师) AIA/英国国际会计师 ASCPA/澳大利亚注册会计师 CPAAustralia/澳洲 CPA CISA/国际注册信息系统审计师 IFA/英国财务会计师 CDFA/特许公认会计师公会中文财会资格 证书 NIA/澳大利亚国家会计师 知名度指数 99.55% 99.33% 98.96% 98.28% 95.65% 94.52% 86.99% 65.06% 63.29% 62.06% 61.82% 57.81% 44.00% 43.50% 知名度指数 81.88% 71.83% 55.57% 54.12% 53.47% 51.37% 50.29% 47.63% 42.16% 41.85% 40.93% 40.34% 37.53% 30.66% 30.48% 国内资格排名 1 2 3 4 5 6 7 8 9 10 11 12 13 14 国际资格排名 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 全部资格排名 1 2 3 4 5 6 7 10 11 12 13 14 21 22 全部资格排名 8 9 15 16 17 18 19 20 23 24 25 26 27 28 29 数据来源：会计视野网 说明：知名度指数：一项资格考试是否被广泛的了解、被何种群体了解是关系到其知名度、...
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...anD ManageMenT (iLM) 15 MeDiCaL seRies assOCiaTiOn OF BUsiness exeCUTives (aBe) 16 a BRanD neW 17 aPPROaCh a neW iDenTiTY 17 a neW PROPOsiTiOn 18 inFORMaTiOn FOR BOOKseLLeRs 20 WhOLesaLe ORDeRs 23 BeCOMe a sTOCKisT TUiTiOn PROviDeRs 24 TeRMs anD COnDiTiOns OF saLe RegiOnaL saLes ManageRs 24 CUsTOMeR seRviCes PRinTeD 25 PRODUCTs 26 sTUDY TexTs PRaCTiCe & RevisiOn KiTs 27 PassCaRDs 28 eLeCTROniC PRODUCTs 29 eBOOKs 30 eLiBRaRies i-Pass 31 inTeRaCTive PassCaRDs sUCCess CDs 32 i-LeaRn inTeRaCTive 33 LeaRning sOLUTiOns 34 BeneFiTs OF Using BPP LeaRning MeDia’s inTeRaCTive sTUDY MaTeRiaLs 35 FeaTURes OF BPP LeaRning MeDia’s inTeRaCTive eLeaRning TiTLes 37 sTUDenT RePORTing eLeaRning sTanDaRDs 38 LiCenseD eLeaRning PRODUCTs 39 LeARnInG MAteRIALs aCCa Fia Bsc (hOns) DiP FM DiP iFR iCFe aaT CiMa...
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...Research and Analysis Project for B.sc (Hons) In Applied Accounting Business and Financial Performance Of GlaxoSmithKline Pakistan Ltd (2007- 2009) XXXXXXXXXXXXXXXXXXXXXXXXXXX XXXXXXXXXXXXXXXXXXXXXXXXXXX XXXXXXXXXXXXXXXXXXXXXXXXXXX XXXXXXXXXXXXXXXXXXXXXXXXXX XXXXXXXXXXXXXXXXXXXXXXXXXX XXXXXXXXXXXXX Prepared by Faisal Saleem XXXXXXXXXXXXXXXXXXXXXXXXXXXX XXXXXXXXXXXXXXXXXXXXXXXXXXXX Mentoring by Fahim Ahmed This project is prepared in accordance with Oxford Brookes University guidelines. Table of Contents Topic & Company selection------------------------------------------------------------------------------3 About GlaxoSmithKline------------------------------------------------------------------------------------4 Overview of the Pharmaceutical Industry-------------------------------------------------------------5 Research Aims and Objectives--------------------------------------------------------------------------7 Information Gathering--------------------------------------------------------------------------------------8 Techniques used in RAP--------------------------------------------------------------------------------10 Limitations in RAP and Ethical issues----------------------------------------------------------------11 Financial Analysis-----------------------------------------------------------------------------------------12 Revenue trend Analysis----------------------------------------------------------------------------------12 Profitability and...
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...ACCA QUALIFICATION COURSE NOTES Paper P3 BUSINESS ANALYSIS JUNE 2012 EXAMINATIONS OpenTuition Course Notes can be downloaded FREE from www.OpenTuition.com Copyright belongs to OpenTuition.com - please do not support piracy by downloading from other websites. Visit opentuition.com for the latest updates, watch free video lectures and get free tutors’ support on the forums To fully benefit from these notes do not forget to watch free ACCA Lectures on our website Free ACCA Lectures and course notes by Paper (on line on http://opentuition.com/acca/) F1 Accountant in Business / FAB Foundations in Accountancy F2 Management Accounting / FMA Foundations in Accountancy F3 Financial Accounting / FFA Foundations in Accountancy F4 Corporate & Business Law (English & Global) F5 Performance Management F6 Taxation (UK) F7 Financial Reporting F8 Audit and Assurance F9 Financial Management P1 Governance, Risk & Ethics P2 Corporate Reporting P3 Business Analysis P4 Advanced Financial Management P5 Advanced Performance Management P6 Advanced Taxation (UK) P7 Advanced Audit & Assurance THE BEST THINGS IN LIFE ARE FREE For the latest free course notes, free lectures and forum support please visit opentuition.com/acca Paper P3 JUNE 2012 EXAMINATIONS For latest course notes, free audio & video lectures, support and forums please visit Paper P3 i JUNE 2012 EXAMINATIONS Paper P3 SYLLABUS 1 Aim To apply relevant knowledge, skills, and exercise...
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...Publishing Publishing F3 INT Study Text Financial Accounting ACCA Publishing ACCA Distance Learning Courses Learn quickly and efficiently Using a blended learning approach, our distance learning package will steer you towards exam success. Our aim is to teach you all you need to know and give you plenty of practice, without bombarding you with excessive detail. We therefore offer you the following tailored package: • Access to our dedicated distance learning website – where you’ll find a regular blog from the distance learning department – reminders, hints and tips, study advice and other ideas from tutors, writers and markers – as well as access to your course material • • Tutor support – by phone or by email, answered within 48 hours The handbook – outlining distance learning with us and helping you understand the ACCA course Study phase Revision phase • The key study text – covering the syllabus without excessive detail and containing a bank of practice questions for plenty of reinforcement of key topics • A key study guide – guiding you through the study text and helping you revise • An online question bank for additional reinforcement of knowledge • An exam kit – essential for exam preparation and packed with examstandard practice questions • 2 tutor-marked mock exams to be sat during your studies • Key notes - highlighting the key topics in an easy-to-use format Total price: £160.95 ...
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...Acknowledgments ix Acknowledgments This book owes a great deal to the mental energy of several generations of scholars. As an undergraduate at the University of Cape Town, Francis Wilson made me aware of the importance of migrant labour and Robin Hallett inspired me, and a generation of students, to study the African past. At the School of Oriental and African Studies in London I was fortunate enough to have David Birmingham as a thesis supervisor. I hope that some of his knowledge and understanding of Lusophone Africa has found its way into this book. I owe an equal debt to Shula Marks who, over the years, has provided me with criticism and inspiration. In the United States I learnt a great deal from ]eanne Penvenne, Marcia Wright and, especially, Leroy Vail. In Switzerland I benefitted from the friendship and assistance of Laurent Monier of the IUED in Geneva, Francois Iecquier of the University of Lausanne and Mariette Ouwerhand of the dépurtement évangélrlyue (the former Swiss Mission). In South Africa, Patricia Davison of the South African Museum introduced me to material culture and made me aware of the richness of difference; the late Monica Wilson taught me the fundamentals of anthropology and Andrew Spiegel and Robert Thornton struggled to keep me abreast of changes in the discipline; Sue Newton-King and Nigel Penn brought shafts of light from the eighteenthcentury to bear on early industrialism. Charles van Onselen laid a major part of the intellectual foundations on...
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