TAXATION

2019 CPALE SYLLABUS AND TOS 70

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