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CAF 7 & CAF 9 – Bundle Course (Regular/Sept 2021)

By Hasnain Badami & Sajid Kapadia

Study for your CA CAF 7 & CAF 9 courses online with the help of a bundle package as students can now experience the most accessible and convenient method of studying with the help of online academy.


  • COMPLETE & Comprehensive Course Coverage (as suggested in ICAP Syllabus)
  • Engaging lectures recorded and updated on Learning Glass technology
  • Active WhatsApp Groups for queries/ support. Committed cohort of learners
  • Access Anywhere, Anytime with best preparation strategy, content & support!




Hasnain R. Badami

Hasnain Raza Badami is a qualified Chartered Accountant with cumulative experience of 11+ years in the profession. He also holds a master’s degree in Philosophy – with critical thinking as his area of research interest. His particularly versatile academic background from humanities and business is what makes his classrooms a thoroughly intriguing experience.

Hasnain believes in learning through experience and stories. His real life stories come from his equally diverse experience working in large local and multinational organisations, as well as from training professionals, teachers, and students. More specifically, he has worked with Ernst & Young (Karachi, Dubai and Jeddah offices) and also with Internal Audit function at Engro Polymer before he finally quit Engro to pursue his passion for learning and development work. Presently, he is the co-founder and Director of Ingenium Business solutions that is working in leadership, finance, and digital learning space.

Sajid Kapadia - TSB Education


Sir M. Sajid Kapadia (ACA, FCCA, APA, PIPFA, M.A [Economics]) a legendary figure in the field of teaching. M. Sajid Kapadia is a prominent instructor of F8 paper and P7 paper in ACCA and CAF 9 of CA (ICAP). He carries with him a vast experience of more than 15 years of teaching with more than 30,000 students to date. He is Managing Director & Principal of KnS Institute of Business Studies, Karachi. Previously he has worked for Ernst and Young Pakistan, Siemens Pakistan and Lakson group of Companies.

The KnS Institute of Business Studies, since 2007, is a professional training college offering a full range of accountancy and financial courses, run by an experienced and outstanding team of lecturers who are themselves ACCA’s and Chartered Accountants in very reputed organizations and companies. It is the first accountancy college ever to offer full tuition for all 16 papers of ACCAand complete faculty for all CA Modules.It provides about 1500+ students from different backgrounds with a unique study experience: quality tuition at an affordable price, with flexible course options.

Preparation of Financial Statements in accordance with the Companies Act 2017 and IFRS

  • Preparation of financial statements of limited companies in line with the
    requirement of the Companies Act, 2017 and International Financial
    Reporting Standards (excluding liquidations, reconstructions and mergers)
  • Preparation of consolidated financial statements (one subsidiary)
    · IFRS 3 Business combinations (goodwill and cost of investment)
    · IFRS 10 Consolidated financial statements (Preparation of consolidated statements of financial position and comprehensive income)
    · IAS 28 Investment in associates and joint venture (Equity method
    and test of one associate)
  • Accounting policies, changes in accounting estimates; and errors (IAS8)

Accounting for non-current Assets

  • IFRS 9 Classification, recognition and measurement of financial assets and liabilities Other than derivatives -Financial Instruments
  • IFRS 16 Leases (Excluding modification, sale and lease back and reassessment)
  • IAS 38 Intangible assets Recognition, de-recognition, measurement, amortization and measurement after recognition of non-current
    assets (including SIC 32 Intangible Assets – Web Site Costs)
  • IAS 41 Agriculture

Ethics and other areas of IFRS

  • Ethics
    • Fundamental principles (sections 100 to 150 of the Code of Ethics for
      Chartered Accountants)
    • An understanding of ethics relating to preparation and reporting
      of financial information (Section 320 of Code of Ethics for Chartered
  • IFRS 8 Operating Segment
  • Events occurring after the reporting period (IAS-10)
  • IAS 37 Provisions, contingent liabilities and contingent assets (including
    IFRIC 1 changes in existing decommissioning, restoration and similar
  • IAS 12 Income Taxes (other than Business combination)
  • IAS 21 The effects of changes in foreign exchange rates (foreign exchange transactions)
  • Basic Concepts of Audit and Assurance
  • ISA 210 – Engagement Letter
  • ISA 500 – Audit Evidence
  • ISA 230 – Audit Documentation/ Working Papers
  • ISA 320 – Materiality
  • ISA 700 (Revised), 701, 705 &706 – External Audit Report
  • ISA 701
  • ISA 560 – Subsequent Events
  • ISA 570 – Going Concern
  • ISA 300 – Planning an Audit
  • ISA 315 – Audit Risk (Theoretical Part)
  • ISA 315 – Audit Risk (Practical Part)
  • ISA 315 – Audit Risk (With Accounting Ratios)
  • ISA 315 – Audit Risk – Understanding the entity and its environment
  • ISA 315 – Audit Risk – Not for profit Organization (NPO)
  • Test of Controls (T.O.C)
  • Internal Control
  • Internal Audit Department / Function
  • ISA 610 – Using the work of Internal Auditors
  • ISA 620 – Using the work of an Auditor’s expert
  • Interim and Final Audit
  • Substantive Procedures
  • ISA 520 – Analytical Procedures
  • ISA 580 – Management/ Written Representation
  • ISA 550 – Related Parties
  • ISA 240 – Fraud and Error
  • ISA 530 – Sampling
  • ISRE 2400 – Review Engagement
  • Code of Ethics
  • Concept of Tender
  • IT Concepts
  • Company Law Sections
  • Audit Flowcharts
  • Concept of IFAC
  • Internal Control
  • ISA 610 – Using the work of Internal Auditors
  • ISA 620 – Using the work of an Auditor’s expert