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2. Overall aim of the syllabus

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FA1

  1. Overall aim of the syllabus.
    1. The overall aim of the syllabus is to develop knowledge and understanding of the main types of business transactions and documentation and how these are recorded in an accounting system up to the trial balance stage.
  2. Introduction to the syllabus
    1. The syllabus for Recording Financial Transactions (FA1) introduces the candidate to the fundamentals of preparing and recording financial documentation from originating documents and processing business transactions up to the trial balance stage. It also covers relevant banking procedures associated with bookkeeping, maintaining and reconciling cash and petty cash records, preparing journal entries, updating relevant general ledger accounts and identifying and correcting errors.

MA1

  1. Overall aim of the syllabus.
    1. To develop knowledge and understanding of providing basic management information in an organization to support management in planning and decision-making.
  2. Introduction to the syllabus
    1. The syllabus for MA1, Management Information, introduces candidates to basic costing principles and techniques and the tools with which to use these principles and techniques. The syllabus starts by introducing business organizations and the specific role of the management accountant within the organization. This leads on to transaction processing and coding where the systems used in the gathering of costing information are described, along with coding systems which ensure that cost information is properly classified. The next section deals with cost classification followed by the basic techniques for accounting for costs. It finally introduces candidates to spreadsheets as an important tool in supporting cost and management accounting.

FA2

  1. Overall aim of the syllabus
    1. To develop knowledge and understanding of the underlying principles and concepts relating to maintaining financial records and technical proficiency in the use of double-entry bookkeeping including the preparation of basic financial statements.
  2. Introduction to the syllabus
    1. The syllabus for FA2 introduces the context and purpose of maintaining financial records with reference to accounts preparation. The syllabus then concentrates in-depth on double-entry bookkeeping and on recording, processing and reporting business transactions and events, including the specific accounting for non-current assets. It also covers how to identify and correct errors, including the use of reconciliations and the posting of year-end adjustments. Finally, candidates will use the knowledge and skills developed earlier in the syllabus to prepare financial statements for sole traders and partnerships.

MA2

  1. Overall aim of the syllabus
    1. To develop knowledge and understanding of how to prepare, process and present basic cost information to support management in planning and decision-making in a variety of business contexts.
  2. Introduction to the syllabus
    1. The syllabus for MA2, Managing costs and finance, introduces candidates to costing and financing principles and techniques, and elements of management accounting which are used to make and support decisions. The syllabus starts by introducing candidates to management information clearly distinguishing it from financial accounting information. The next section introduces the basics of recording costs in management accounting. This is followed by coverage of a variety of costing techniques used in business. The next area of the syllabus introduces candidates to the use of management accounting in support of decision making. Finally, the syllabus introduces the concept of cash management as an essential element for planning.

FBT

  1. Overall aim of the syllabus
    1. To introduce knowledge and understanding of the business, its environment and its people. The syllabus considers the influence of the environment on how organizations are structured, the role of accounting and other key business functions and how people and their interaction with technology, data and information systems contribute to the efficient, effective, sustainable and ethical management and development of an organization.
  2. Introduction to the syllabus
    1. The Business and Technology (BT/FBT) syllabus introduces students who may not have a business background, to the business, which as an entity is made up of people and systems which interact with the environment and with each other. The syllabus begins with examining the purpose and types of business which exist, the key stakeholders and the rights and responsibilities that businesses have in connection with them, exploring the external influences that affect the business in its environment, including legal, economic, social, technological and sustainability factors. The syllabus then examines the structure and functions of business, focusing on culture, corporate governance, sustainability and regulation. The syllabus covers specific accounting related roles in this process, particularly in financial reporting and internal control. The syllabus also covers financial systems and the impact of technology. The syllabus then introduces key leadership, management and people issues such as effective individual and team behavior, motivation, training, performance appraisal, communication and personal effectiveness. The final section of the syllabus examines how behavior at all levels within business should be underpinned by accepted professional ethics and professional values.

FFA

  1. Overall aim of the syllabus
    1. The overall aim of the syllabus is to develop knowledge and understanding of the underlying principles and concepts relating to financial accounting and technical proficiency in the use of double-entry bookkeeping, including the preparation of basic financial statements.
  2. Introduction to the syllabus
    1. The syllabus for Financial Accounting (FA/FFA) introduces the candidate to the fundamentals of the regulatory framework relating to accounts preparation and to the qualitative characteristics of useful financial information. The syllabus then covers the principles of accounts preparation, including an in-depth look at recording, processing, and reporting business transactions and events. The syllabus also covers reconciliations, preparation of a trial balance, error correction and suspense accounts, all of which will lead to the preparation of financial statements for incorporated and unincorporated entities. The syllabus then moves in two directions, firstly requiring the preparation of basic consolidated financial statements from the individual financial statements of entities within a group; and secondly requiring candidates to be able to conduct a basic interpretation of financial statements.

FMA

  1. Overall aim of the syllabus
    1. To develop knowledge and understanding of management accounting techniques to support management in planning, controlling and monitoring performance in a variety of business contexts.
  2. Introduction to the syllabus
    1. The syllabus for Management Accounting (MA)/FMA, introduces candidates to elements of management accounting which are used to make and support decisions. The syllabus starts by introducing the nature, the source and purpose of management information followed by the statistical techniques used to analyze data. Then the syllabus addresses cost accounting and the costing techniques used in business which are essential for any management accountant. The syllabus then looks at the preparation and use of budgeting and standard costing and variance analysis as essential tools for planning and controlling business activities. The syllabus concludes with an introduction to measuring and monitoring the performance of an organization.

FAU

  1. Overall aim of the syllabus
    1. To develop knowledge and understanding of the principles of external audit and the audit process and technical proficiency in the skills used for auditing financial statements.
  2. Introduction to the syllabus
    1. The syllabus for FAU starts with an introduction to the nature and purpose of an audit, including the responsibilities of auditors, and the regulation that auditors must adhere to. The syllabus then covers the areas relating to the process of an audit of financial statements: audit planning and risk assessment, recording and evaluating internal control, tests of controls, audit evidence and the use of substantive procedures. The syllabus also deals with audit completion including the auditor’s report.
    2. Finally, the syllabus contains outcomes relating to the demonstration of appropriate digital and employability skills in preparing for and taking the FAU examination. This includes being able to interact with different question item types, manage information presented in digital format and being able to use the relevant functionality and technology to prepare and present response options in a professional manner. These skills will need to be demonstrated during the live exam and are specifically developed through preparation, using the learning support content for computer-based exams available via the ACCA website.

FFM

  1. Overall aim of the syllabus
    1. To develop knowledge and understanding of ways organizations finance their operations, plan and control cash flows, optimize their use of working capital and allocate resources to long term investment projects.
  2. Introduction to the syllabus The syllabus for FFM introduces students to different ways of managing finance within an organization with the aim of enhancing business performance. This includes planning and controlling of cash flow in both the short and long term, how to manage capital investment decisions and managing trade credit for an efficient flow of cash.

The syllabus starts by introducing the principles of effective working capital management, and the impact working capital has on an organization’s cash flow. It then looks at the techniques for forecasting cash to aid an organization in planning its cash needs. The next area of the syllabus looks at the different ways of managing cash in the short, medium and long term, including investing funds in capital projects. It then looks at procedures for effective credit management to maximize flow of cash to the business. The syllabus finally considers the digital and employability skills in preparing for and taking the FFM exams. This includes being able to interact with different question item types, manage information presented in digital format and being able to use the relevant functionality and technology to prepare and present response options in a professional manner. These skills are specifically developed by practicing and preparing for the FFM examination, using the learning support content for computer- based examinations available via the practice platform and the ACCA website and will need to be demonstrated during the live examinations.

LW

  1. Introduction to the syllabus The aim of the syllabus is to develop knowledge and skills in the understanding of the general legal framework, and of specific legal areas relating to business, recognizing the need to seek further specialist legal advice where necessary. Corporate and Business Law is essentially divided into eight areas. The syllabus starts with an introduction to the overall Malaysian legal system such as the court system and sources of law. It then leads into the area of the law of obligations including contract and tort, which underpin business transactions generally. The syllabus then covers a range of specific legal areas relating to various aspects of business of most concern to finance professionals. These are the law relating to employment and the law relating to companies. These laws include the formation and constitution of companies, the financing of companies and types of capital, and the day-to-day management, the administration and regulation of companies and legal aspects of insolvency and corporate restructuring. The final section links back to all the previous areas. This section deals with corporate fraudulent and criminal behavior.

PM

  1. Introduction to the syllabus The aim of the syllabus is to develop knowledge and skills in the application of management accounting techniques to quantitative and qualitative information for planning, decision-making, performance evaluation, and control. The syllabus for Performance Management (PM), builds on the knowledge gained in Management Accounting (MA) and seeks to examine students’ understanding of how to manage the performance of a business. It also prepares students for more specialist capabilities which are covered in Advanced Performance Management (APM). The syllabus begins by focusing on the uses and control of information, management information systems and data analytics required by organizations to manage and measure performance in the modern, competitive environment. It is vital for an accountant to understand how information systems and developments in technology influence the management accounting techniques employed and how vital information systems are in the mechanisms of managing and controlling an organization. The syllabus then introduces more specialized costing and management accounting topics. There is some knowledge assumed from Management Accounting (MA) – primarily overhead treatments. The objective here is to ensure students s have a broader background in management accounting techniques. The syllabus then considers decision-making. Students need to appreciate the problems surrounding scarce resources, pricing and make-or-buy decisions, and how this relates to the assessment of performance. Risk and uncertainty are a factor of real-life decisions and students need to understand risk and be able to apply some basic methods to help resolve the risks inherent in decision-making. Budgeting is an important aspect of many accountants’ lives. The syllabus explores different budgeting techniques, including analytical techniques, and the problems inherent in them. The behavioural aspects of budgeting are important for accountants to understand, and the syllabus includes consideration of the way individuals react to a budget. The preparation of fixed, flexible and incremental budgets is assumed knowledge from Management Accounting (MA). Standard costing and variances are then built on. All the variances examined in Management Accounting (MA) are assumed knowledge in Performance Management (PM). Mix and yield variances and planning and operational variances are explored here, and the link is made to performance management. It is important for accountants to be able to interpret the numbers that they calculate and discuss what they mean in the context of performance. The syllabus concludes with performance measurement and control. This is a major area of the syllabus. Accountants should appreciate the importance of both financial and non-financial performance measures in management and should also appreciate the difficulties in assessing performance in divisionalised businesses and the problems caused by failing to consider external influences on performance. This section leads directly to Advanced Performance Management (APM). All of the subject areas covered in this syllabus could be examined in either a private sector, public sector or not-for-profit context.

Section F of the syllabus contains outcomes relating to the demonstration of appropriate digital and employability skills in preparing for and taking the PM examination. This includes being able to interact with different question item types, manage information presented in digital format and being able to use the relevant functionality and technology to prepare and present response options in a professional manner. These skills are specifically developed by practicing and preparing for the PM examination, using the learning support content for computer-based examinations available via the practice platform and the ACCA website and will need to be demonstrated during the live examination.

TX-MYS

  1. Introduction to the syllabus The aim of the syllabus is to develop knowledge and skills relating to the tax system as applicable to individuals and companies. The syllabus for Taxation - Malaysia (TX-MYS) introduces candidates to the subject of taxation and provides the core knowledge of the underlying principles and major technical areas of taxation, as they affect the activities of individuals and businesses. Candidates are introduced to the rationale behind and the functions of the tax system. The syllabus then considers the separate taxes that an accountant would need to have a detailed knowledge of, such as income tax from self-employment, employment and investments; the income tax liability of companies and the sales and service tax liabilities of businesses. Having covered the core areas of the basic taxes, the candidate should be able to compute tax liabilities, explain the basis of their calculations, apply tax planning techniques for individuals and companies and identify the compliance issues for each major tax through a variety of business and personal scenarios and situations. Section G of the syllabus contains outcomes relating to the demonstration of appropriate digital and employability skills in preparing for and taking the examination. This includes being able to access and open exhibits, requirements and response options from different sources and being able to use the relevant functionality and technology to prepare and present response options in a professional manner. These skills are specifically developed by practicing and preparing for the exam, using the learning support content for computer-based exams available via the practice platform and the ACCA website and will need to be demonstrated during the live exam.

FR

  1. Introduction to the syllabus The aim of the syllabus is to develop knowledge and skills in understanding and applying IFRS® Accounting Standards and the theoretical framework in the preparation of financial statements of entities, including groups and how to analyse and interpret those financial statements. The Financial Reporting syllabus assumes knowledge acquired in Financial Accounting (FA) and develops and applies this further and in greater depth. The syllabus begins with the Conceptual Framework for Financial Reporting with reference to the qualitative characteristics of useful information and the fundamental bases of accounting introduced in the FA syllabus within the Knowledge module. It then moves into a detailed examination of the regulatory framework of accounting and how this informs the standardsetting process. The principal areas of the syllabus cover the reporting of financial information for single companies and for groups in accordance with generally accepted accounting principles and relevant IFRS Accounting Standards. The syllabus also covers the analysis and interpretation of information from financial statements, including both financial and non-financial information. Finally, the syllabus contains outcomes relating to the demonstration of appropriate digital and employability skills in preparing for and taking the FR examination. This includes being able to interact with different question item types, manage information presented in digital format and being able to use the relevant functionality and technology to prepare and present response options in a professional manner. These skills are specifically developed by practicing and preparing for the FR examination, using the learning support content for computer-based exams available via the practice platform and the ACCA website and will need to be demonstrated during the live exam.

AA

  1. Introduction to the syllabus The Audit and Assurance syllabus is essentially divided into six areas. The syllabus starts with the nature, purpose and scope of assurance engagements, including the statutory audit, its regulatory environment, and introduces governance and professional ethics relating to audit and assurance. It then leads into planning the audit and performing risk assessment. The syllabus then covers a range of areas relating to an audit of financial statements including the scope of internal control and the role and function of internal audit. These include, evaluating internal controls, audit evidence, and a review of the financial statements. In addition to final review procedures, the syllabus concentrates on reporting, including the form and content of the independent auditor’s report. Finally, the syllabus contains outcomes relating to the demonstration of appropriate digital and employability skills in preparing for and taking the AA examination. This includes being able to interact with different question item types, manage information presented in digital format and being able to use the relevant functionality and technology to prepare and present response options in a professional manner. These skills are specifically developed by practicing and preparing for the AA exam using the learning support content for computer-based exams available via the practice platform and the ACCA website and will need to be demonstrated during the live exam. Section F of the syllabus contains outcomes relating to the demonstration of appropriate digital and employability skills in preparing for and taking the AA examination. This includes being able to interact with different question item types, manage information presented in digital format and being able to use the relevant functionality and technology to prepare and present response options in a professional manner. These skills are specifically developed by practicing and preparing for the AA examination, using the learning support content for computer-based examinations available via the practice platform and the ACCA website and will need to be demonstrated during the live examination.

FM

  1. Introduction to the syllabus The aim of the syllabus is to develop the knowledge and skills expected of a finance manager, in relation to investment, financing, and dividend policy decisions.

The syllabus for Financial Management (FM) is designed to equip candidates with the skills that would be expected from a finance manager responsible for the finance function of a business. It prepares candidates for more advanced and specialist study in Advanced Financial Management (AFM). The syllabus, therefore, starts by introducing the role and purpose of the financial management function within a business. Before looking at the three key financial management decisions of investing, financing, and dividend policy, the syllabus explores the economic environment in which such decisions are made. The next section of the syllabus is the introduction of investing decisions. This is done in two stages - investment in (and the management of) working capital and the appraisal of long-term investments. The next area introduced is financing decisions. This section of the syllabus starts by examining the various sources of business finance, including dividend policy and how much finance can be raised from within the business. It also looks at the cost of capital and other factors that influence the choice of the type of capital a business will raise. The principles underlying the valuation of business and financial assets, including the impact of cost of capital on the value of business, is covered next. The syllabus then covers an introduction to, and examination of, risk and the main techniques employed in managing such risk. Section H of the syllabus contains outcomes relating to the demonstration of appropriate digital and employability skills in preparing for and taking the FM examination. This includes being able to interact with different question item types, manage information presented in digital format and being able to use the relevant functionality and technology to prepare and present response options in a professional manner. These skills are specifically developed by practicing and preparing for the FM exam, using the learning support content for computerbased exams available via the practice platform and the ACCA website and will need to be demonstrated during the live exam.

SBR-INT

  1. Introduction to the syllabus The aim of the syllabus is to discuss, apply and evaluate the concepts, principles and practices that underpin the preparation and interpretation of corporate reports in various contexts including the ethical assessment of managements’ stewardship and the information needs of the primary users of the financial statements. The syllabus for Strategic Business Reporting assumes knowledge acquired at the Applied Skills level including the core technical capabilities to prepare and analyse financial reports for single and combined entities. The syllabus requires students to examine corporate reporting from a number of perspectives, not only from the point of view of the preparer of corporate reports, but also from the perspective of a variety of different stakeholders such as finance providers and investors. The syllabus further requires the assessment and evaluation of the reporting decisions made by management and their implications for a range of stakeholders and entities. It also explores the professional and ethical responsibilities of the accountant to these stakeholders. The subject matter of the syllabus requires students to have an understanding of the International Accounting Standards Board’s (IASB) Conceptual Framework for Financial Reporting and to use the Conceptual Framework as a basis for judgement in applying IFRS® Accounting Standards in corporate reports. The syllabus considers both the principles and practices of IFRS Accounting Standards and uses these principles as a basis for the preparation of the financial statements of single entities and groups. The syllabus requires students to reflect on the usefulness of corporate reports to stakeholders and to discuss the nature of the information that would help stakeholders assess the future prospects of the entity. This involves the analysis and interpretation of corporate reports, and the provision of advice on the reporting implications of transactions. The penultimate section of the syllabus addresses developments in corporate reporting and the implications of any potential changes. This includes the ability to explain the implications of a range of contemporary issues for a business and its stakeholders, as well as the ability to apply the IFRS Sustainability Disclosure Standards. Question scenarios will be based in contemporary business settings; however, candidates will not be required to have detailed knowledge of these businesses. The final section of the syllabus contains outcomes relating to the demonstration of appropriate digital and employability skills in preparing for and taking the Strategic Business Reporting examination. This includes being able to access and open exhibits, requirements and response options from different sources and being able to use the relevant functionality and technology to prepare and present response options in a professional manner. These skills are specifically developed by practicing and preparing for the Strategic Business Reporting exam, using the learning support content for computer-based exams available via the practice platform and the ACCA website and will need to be demonstrated during the live exam.

SBL

  1. Introduction to the syllabus The aim of the syllabus is to demonstrate organisational leadership and senior consultancy or advisory capabilities and relevant professional skills, through the context of an integrated case study. The syllabus for Strategic Business Leader acts as the key leadership syllabus at the Strategic Professional level and is a substantial integrated examination. The examination requires candidates to demonstrate a range of professional skills demanded by effective leaders or in advising or supporting senior management in directing organisations. The syllabus therefore combines the main functions of organisations in the context of leadership capability. The main capabilities of the Strategic Business Leader syllabus assume essential technical skills and knowledge have been acquired in the Applied Knowledge and Applied Skills examinations where some of the core capabilities of Strategic Business Leader will have been introduced in a subject-specific context, such as governance, internal audit, control, risk, finance, and management. The examination also draws upon a range of ethical and professional skills acquired in the Ethics and Professional Skills module, which should be completed before attempting any of the Strategic Professional examinations. The Strategic Business Leader syllabus is covered in ten main sections with leadership, professionalism and ethics and corporate governance used as the initial focus for the rest of the syllabus. Excellent leadership involves having a team of capable and responsible directors, setting an appropriate ‘tone from the top’ and embedding appropriate corporate and cultural values within the organisation. This is supported by a sound governance structure and effective management structures. The syllabus begins by examining leadership and having in place responsible and ethical leaders, having an awareness of who they are responsible to. This section also covers personal and professional ethics, ethical frameworks – and professional values – as applied to a senior manager or adviser’s role and as a guide to appropriate behaviour and conduct in a variety of situations. Clearly linked to organisational leadership is the existence of an effective governance structure and sustainability systems within organisations in the broad context of the agency relationship. This aspect of the syllabus focuses on the respective roles and responsibilities of directors, the relevant committee structures and the effective scrutiny of the performance of senior management, demonstrating their accountability by reporting more widely and holistically to stakeholders under an integrated reporting IR framework. It is only after the fundamental organisational leadership, governance structures and sustainability systems are in place that strategy can be determined and the strategic position of the organisation can be assessed and strategic options evaluated and implemented. Evaluating strategic options, making strategic choices and implementing strategy requires the organisation’s leaders, or their advisers, to fully understand the risks involved so the syllabus then examines the identification, assessment, and control of risk as a key aspect of responsible leadership and management. The syllabus also includes a section relating to and applying IT and security controls at all levels of the organisation from strategic considerations including big data, machine learning, e-business, cloud computing and smart technology through to using IT in the management of information, controlling organisations, and in financial and organisational operations. This section also focuses on the growing importance of ‘cyber security’. To support the management of risk the syllabus also addresses organisational control in its wider context, including internal audit, review, internal control, and appropriate reporting to implement and support effective governance, including compliance issues related to the safeguard of assets including data security, and decision-support functions. The syllabus includes financial aspects of managing an organisation, including evaluating available sources of finance and key financial and management accounting techniques to analyse performance and to support decision-making. Candidates need to be aware of legal issues and of the financial reporting and taxation implications of strategic and investment decisions. The syllabus then focuses on enabling success and change management. The syllabus includes organisational changes, talent management, performance excellence, IT solutions and project management, including the role of new and disruptive technologies in transforming the nature of business analysis and transactions. The professional skills section of the syllabus links to all others and provides a range of professional skills that the candidate must demonstrate in the exam which will make them more employable, or if already in work, will enhance their opportunities for advancement. The last section, which closely links to the professional skills section, is the demonstration of appropriate digital and employability skills in preparing for and taking the examination. This includes being able to use computer functionality and technology to access information and present responses in a professional manner during live examinations.

FM

  1. Introduction to the syllabus The aim of the syllabus is to apply relevant knowledge, skills and exercise professional judgement as expected of a senior financial executive or advisor, in taking or recommending decisions relating to the financial management of an organisation in private and public sectors. This syllabus develops upon the core financial management knowledge and skills covered in the Financial Management (FM) syllabus and prepares candidates to advise management and/or clients on complex strategic financial management issues facing an organisation. The syllabus starts by exploring the role and responsibility of a senior executive or advisor in meeting competing needs of stakeholders within the business environment of multinationals. The syllabus then re-examines investment and financing decisions, with the emphasis moving towards the strategic consequences of making such decisions in a domestic, as well as international, context. Candidates are then expected to develop further advisory skills in planning strategic acquisitions and mergers and corporate re-organisations. The next part of the syllabus re-examines, in the broadest sense, the existence of risks in business and the sophisticated strategies which are employed in order to manage such risks. It builds on what candidates would have covered in the Financial Management syllabus. The professional skills section of the syllabus links to all others and provides a range of professional skills which the candidate must demonstrate in the exam. These professional skills will make candidates more employable, or if already in work, will enhance their opportunities for advancement. Section G of the syllabus contains outcomes relating to the demonstration of appropriate digital and employability skills in preparing for and taking the Advanced Financial Management (AFM) examination. This includes being able to access and open exhibits, requirements and response options from different sources and being able to use the relevant functionality and technology to prepare and present response options in a professional manner. These skills are specifically developed by practicing and preparing for the AFM exam, using the learning support content for computer-based exams available via the practice platform and the ACCA website and will need to be demonstrated during the live exam.

APM

  1. Introduction to the syllabus The aim of the syllabus is to apply relevant knowledge, skills and exercise professional judgement in selecting and applying strategic management accounting techniques in different business contexts to contribute to the planning, control and evaluation of the performance of an organisation and its strategic and operational development. The Advanced Performance Management syllabus further develops key aspects introduced in Performance Management at the Applied Skills level. The syllabus introduces candidates to the strategic role of management accounting as a discipline for planning and controlling performance so that strategic objectives can be set, monitored and controlled. It recognises the impact of external factors on strategic management issues and covers the risks these factors present and how they can be measured and managed. From appreciating the strategic context of performance management and the impact of wider factors, the syllabus examines the issues relating to performance management information systems and their design. It also addresses the impact which developments in technology will have on the performance management and measurement systems used by organisations. The syllabus then moves from performance management systems to the scope and application of high-level performance measurement techniques in a variety of contexts, including not-forprofit organisations and multi-national businesses. Having covered the strategic aspects of performance management and operational systems for the measurement and control of performance in a wide range of organisational contexts, , candidates are then expected to synthesise this knowledge in the role of an advisor to senior management or independent clients on how to assess and control the performance of an entity. The professional skills section of the syllabus links to all others and provides a range of professional skills which the candidate must demonstrate in the exam. These professional skills will make candidates more employable, or if already in work, will enhance their opportunities for advancement. The syllabus concludes with outcomes relating to the demonstration of appropriate digital and employability skills in preparing for and taking the APM examination. This includes being able to access and open exhibits, requirements and response options from different sources and being able to use the relevant functionality and technology to prepare and present response options in a professional manner. These skills are specifically developed by practising and preparing for the APM exam, using the learning support content for computer-based exams available via the practice platform and the ACCA website, and will need to be demonstrated during the live exam

AAA-INT

  1. Introduction to the syllabus The aim of the syllabus is to analyse, evaluate and conclude on the assurance engagement and other audit and assurance issues in the context of best practice and current developments. The Advanced Audit and Assurance (AAA-INT) syllabus further develops key skills introduced in Audit and Assurance at the Applied Skills level. The syllabus starts with the legal and regulatory environment including money laundering, and professional and ethical considerations, including the Code of Ethics and professional liability. This then leads into procedures in practice management, including quality management and the acceptance and retention of professional engagements. The syllabus then covers the audit of financial statements, including planning and evidence gathering. It then covers the completion, evidence evaluation and review and reporting on an audit of historical financial information. The next section moves onto other assignments including prospective financial information, due diligence and forensic audit as well as the reporting of these assignments. The next section covers current issues and developments relating to the provision of auditrelated and assurance services. The professional skills section of the syllabus links to all others and provides a range of professional skills which the candidate must demonstrate in the exam. These professional skills will make candidates more employable, or if already in work, will enhance their opportunities for advancement. The final section of the syllabus contains outcomes relating to the demonstration of appropriate digital and employability skills in preparing for and taking the AAA examination. This includes being able to access and open exhibits, requirements and response options from different sources and being able to use the relevant functionality and technology to prepare and present response options in a professional manner. These skills are specifically developed by practicing and preparing for the AAA exam, using the learning support content for computerbased exams available via the practice platform and the ACCA website and will need to be demonstrated during the live exam.

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