PRINCIPLES OF TAXATION 6 TAX REMEDIES 7 INCOME TAX 13 TRANSFER TAX 10 VALUE ADDED TAX (VAT) AND PERCENTAGE TAX 12 EXCISE TAX 2 DOCUMENTARY STAMP TAX 2 TAXATION UNDER THE LOCAL GOVERNMENT CODE 3 PREFERENTIAL TAXATION 7 TARIFF AND CUSTOMS CODE 3 UPDATES ON SPECIAL CONCERNS 5 Globalization Digital and Information Technology Governance and Ethics Regulatory Requirements and Considerations Effective Business Communication FINANCIAL ACCOUNTING AND REPORTING 2019 CPALE SYLLABUS AND TOS 70 Development of Financial Reporting Framework, Standard-Setting Bodies, Regulation of the Accountancy Profession, Conceptual Framework of Financial Statements and Accounting Process 7 Presentation of Financial Statements 8 Assets 24 Financial Assets Cash & Cash Equivalents Loans and Receivables Investments in Debt Instruments Investments in Associates Basic Derivatives Non-Financial Assets Inventories Property, Plant and Equipment Investment Property Intangibles Biological Assets Liabilities 7 Financial Liabilities Accounts Payable and Other Trade Payables Non-Financial Liabilities Premiums and warranties Unearned revenues for gift certificates and subscriptions Provision and Contingencies Equity 8 Other Topics 11 Share-based payments Borrowing Costs Leases Income Tax Employee Benefits Interim Reporting Segment Reporting Cash to Accrual PFRS for Small and Medium Sized Entities PFRS on Micro Enterprises Updates on Special Concerns 5 Globalization Digital and Information Technology Governance and Ethics Regulatory Requirements and Considerations MANAGEMENT ADVISORY SERVICES 2019 CPALE SYLLABUS AND TOS 70 Management Accounting 30 Objectives, role and scope of management accounting Management Accounting Concepts and Techniques for Planning & Control Management Accounting Concepts and Techniques for Performance Measurement Management Accounting Concepts and Techniques for Decision Making Financial Management 28 Objectives and Scope of Financial Management Financial Management Concepts and Techniques for Planning, Control & Decision Making Management Consultancy and Effective Communications to Stakeholders 3 Management Consultancy Practice by Certified Public Accounting (CPAs) Project Feasibility Studies Economic Concepts essential to obtaining an understanding of entity’s business and industry 4 Macroeconomics Microeconomics Updates on Special Concerns 5 Globalization Digital and Information Technology Governance and Ethics Regulatory Requirements and Considerations ADVANCE FINANCIAL ACCOUNTING AND REPORTING
2019 CPALE SYLLABUS AND TOS 70
Partnership Accounting 8 Corporate Liquidation 4 Joint Arrangements (PFRS 11) 4 Revenue Recognition (PFRS 15) 10 Accounting for Home Office, Branch and Agency Transactions 4 Business Combination (PFRS 3) 4 Separate Financial Statements (PAS 27) 4 Consolidated Financial Statements (PFRS 10) 4 Foreign Currency Transactions 4 Translation of Foreign Currency Financial Statements (PAS 21/ PAS 29) 3 Not – for – profit organizations 2 Government Accounting – General Fund 2 Other special Topics (basic knowledge) - Insurance and BOT 2 Cost Accounting 10 Updates on Special Concerns 5 Globalization Digital and Information Technology Governance and Ethics Regulatory Requirements and Considerations Effective Business Communication AUDITING 2019 CPALE SYLLABUS AND TOS 70 Fundamentals of Auditing and Assurance Services 5 The Financial Statements Audit -Client Acceptance, Audit Planning, Supervision and Monitoring 5 Understanding the Entity and its Environment Including its Internal Control and Assessing the Risks of Material Misstatement 5 Audit Objectives, Procedures, Evidences and Documentation 4 Completing the Audit/ Post-Audit Responsibilities 4 Reports on Audited Financial Statements 3 Auditing in a Computerized Information Systems (CIS) Environment 3 Other Assurance and Non-assurance Services 3 Updates on Special Concerns 3 Globalization Digital and Information Technology Governance and Ethics Regulatory Requirements and Considerations
Evidence Accumulation and Evaluation –
Substantive Tests of Transactions and Balances Audit of the revenue and receipt cycle 5 Audit of expenditure and disbursement cycle 5 Audit of production cycle 7 Audit of the financing cycle 7 Audit of investing cycle 7 Audit of cash balances 4 REGULATORY FRAMEWORK IN BUSINESS TRANSACTIONS
2019 CPALE SYLLABUS AND TOS 100
LAWS ON BUSINESS TRANSACTIONS Obligations 10 Contracts 10 Sales 7 LAW ON CREDIT TRANSACTIONS Pledge, Real Mortgage and Chattel Mortgage 3 NEGOTIABLE INSTRUMENTS AND BOUNCING CHECKS LAW Negotiable Instruments 3 Bouncing Checks 1 LAWS ON BUSINESS ORGANIZATION Partnership 10 Corporations 27 Cooperatives 10 LAWS ON OTHER BUSINESS TRANSACTIONS PDIC Law 2 Secrecy of Bank Deposits and Unclaimed Balances Law 2 AMLA Law 5 Intellectual Property Law (except provisions under Part 1) 2 Data Privacy Act 2 Electronic Commerce Act 1 Updates on Special Concerns 5 Globalization Digital and Information Technology Governance and Ethics Regulatory Requirements and Considerations