CFAP 1 – June 2020 Extention
By Hasnain R. Badami
ICAP in the past few years have moved to more of application based approach of testing at CFAP 1 level. It has not only raised the bar but have also increased the level of complexity. The course will help you map and apply IFRSs to questions, practice questions of variety of scenarios using comprehensive question bank, engaging lectures and interactive assessments.
The syllabus for Advanced Accounting and Financial Reporting, assumes knowledge acquired at the Intermediate and Fundamental levels 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. 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.
- Access extended to July 10th 2020.
- Access regranted 45 days before exams.
- 1 mock exam
- Access to new questions for December 2020.
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.
IAS 16 : Property, Plant & Equipment
IAS 38 : Intangibles
IAS 40 : Investment property
IAS 41 : Agriculture
IAS 36 : Impairment of Assets
IFRS 13 : Fair Value
IAS 10 and 37: Contingencies & Commitments
IFRIC 01: Decommissioning, Restoration & Similar Liabilities
IFRS 5: Non-Current Assets for Sale & Discounted Operations
IFRS 08: Operting Segments
IAS 21: The Effects of Changes in Foreign Exchange Rates
IAS 19: Employee Benefits
IAS 24: Related Party Disclosures
IAS 33: Earnings Per Share
Consolidation Acquisition / Disposal
IFRS 02: Share Based Payments
IFRS 16: Leases
Consolidation Foreign Subsidiary
Small & Medium Enterprises (Specialized Financial Statements)
Banks (Specialized Financial Statements)
Mutual Funds (Specialized Financial Statements)
Insurance (Specialized Financial Statements)
IAS 26: Accounting & Reporting by Retirement Benefit Plans
IFRS 15: Revenue from Contracts with Customers
Consol JV / JO
IFRS 09, IFRS 07, IAS 32 : Financial Instruments
IAS 34: Interim Financial Reporting
IAS 12: Income Taxes
International Public Sector Accounting Standards (IPSAS)
Specialized area of IFRS