EQU

UIVALENC
CIES UND
DER EDU
UCATION SCHEME
E 2013
There shall bbe no equivaalency for Muulti-subject Assessment
A
(
(MSA).
Equivvalencies for CFAP stage would be givven
according too the transitioon scheme, which
w
will be shared
s
in duee course of tiime.
Equivalenciees for AFC annd CAF stagees shall be givven at the coommencemen
nt of the Educcation Schem
me 2013.

Module

Stages and subjects

before the comm
mencement of
Education Schheme 2013

STAGES AND
D SUBJECTS
S IN EDUCATION SCHEME
E 2013
Asseessment
for Funndamental
Comppetencies

(A
AFC)

Certificate in Accountin
ng
andd Finance

(CAF)
(

Certtified Finance
andd Accounting
Prrofessional

(
(CFAP)

FOUNDATION
N
A
A
B

Funnctional Englissh
Quaantitative Methhods
Intrroduction to Economics &
Finance

Intrroduction to Fiinancial
Acccounting

Functional English
Quantitative Methods

Introduction to
Economiccs & Finance
Introduction to Accountting

Merrcantile Law

Financial Accounnting

C
C
D

Taxxation
Bussiness Comm.. &
Beh
havioural Stud
dies
Com
mpany Law

Cosst Accounting

D
D

Audditing
Infoormation Tech
hnology

E
E

Infoormation Tech
h.
Mannagement, Audit & Control
Advvanced Accou
unting &
Financial Reportiing
Corrporate Laws
Bussiness Manageement

F
F

Mannagement Acccounting
Bussiness Financee Decisions

Advvanced Taxatioon

Advvanced Auditinng

Financial Accounting
A
an
nd
Reportingg I
Business Law (Mercantile
Law sectioon only)

IN
NTERMEDIATE
Business Communication
C
n

Introduction to
Informationn Technology

Financial Accounting
A
an
nd
Reportingg II
Principless of taxation
Business Management &
Behaviourral Studies
Business Law
Cost and Management
Accountinng
Audit and Assurance
-

FIN
NAL
E

Advanceed Accounting
and Finaancial Reportin
ng
Corporatte Laws
Businesss Managementt
and strattegy
Businesss Finance
Decision
ns
Advanceed Taxation
Audit, Asssurance and
Related Services
S