BT – Business & Technology
Covers business environment, governance, ethics, and the role of accounting.
Example:
Illustrative examples will typically involve calculations, scenario analysis, or application of principles.
MA – Management Accounting
Focus on costing, budgets, variance analysis, and decision-making.
Example:
A company produces 1,000 units with fixed costs of $20,000 and variable costs of $5/unit. Selling
price is $30/unit. Contribution per unit = $25. Break-even = 20,000 / 25 = 800 units.
FA – Financial Accounting
Covers double-entry, financial statements, and accounting standards.
Example:
Asset purchased at $50,000, useful life 5 years, residual $5,000. Depreciation (straight line) =
(50,000 - 5,000)/5 = $9,000 per year.
LW – Corporate and Business Law
Legal framework, contract law, employment law, company law.
Example:
Illustrative examples will typically involve calculations, scenario analysis, or application of principles.
PM – Performance Management
Advanced costing, decision-making, performance measurement.
Example:
Illustrative examples will typically involve calculations, scenario analysis, or application of principles.
FR – Financial Reporting
Preparation and analysis of financial statements under IFRS.
Example:
Company reports revenue $500,000, cost of sales $300,000. Gross profit margin = (200,000 /
500,000)*100 = 40%.
FM – Financial Management
Investment appraisal, cost of capital, risk management.
Example:
NPV Example: Initial investment $100,000, inflows $40,000/year for 3 years, discount rate 10%. PV
= 40,000*(2.736) = $109,440. NPV = 9,440 (positive).
AA – Audit & Assurance
Audit framework, ethics, evidence, reporting.
Example:
Sample size determination: Population 10,000 invoices, tolerable error 5%. Using sampling tables,
need ~100 items for audit testing.
TX – Taxation
Principles of taxation, personal/corporate tax computations.
Example:
An individual earns salary $50,000. Personal allowance = $12,570. Taxable income = $37,430. At
20% = $7,486 income tax.
SBL – Strategic Business Leader
Leadership, strategy, risk, governance, ethics.
Example:
Illustrative examples will typically involve calculations, scenario analysis, or application of principles.
SBR – Strategic Business Reporting
Advanced financial reporting, ethics, group accounts.
Example:
Illustrative examples will typically involve calculations, scenario analysis, or application of principles.
AFM – Advanced Financial Management
Advanced investment appraisal, risk, treasury, valuation.
Example:
Illustrative examples will typically involve calculations, scenario analysis, or application of principles.
APM – Advanced Performance Management
Strategic performance measurement, management information.
Example:
Illustrative examples will typically involve calculations, scenario analysis, or application of principles.
ATX – Advanced Taxation
Complex tax computations, international tax, planning.
Example:
Illustrative examples will typically involve calculations, scenario analysis, or application of principles.
AAA – Advanced Audit & Assurance
Professional-level audit, ethics, risk, reporting.
Example:
Illustrative examples will typically involve calculations, scenario analysis, or application of principles.