User:Ousmankrubally22/sandbox

Overall there is no actual structural change to the syllabus; you will still have to complete all 14 papers, including a choice of 2 out of 4 options. The rules relating to: registration, exemption and progression through the syllabus are unchanged. There will be the same number of papers at each level, covering the same broad subject matter with one change. P1 "Professional Account" will now be referred to as "Governance, Risk and Ethics" The examinations will continue to be set twice a year, taking place in June and December With Computer Based Examination available for the three papers in the Knowledge module

Fundamentals Skills Module (Papers F4 to F9) F4 Corporate Business Law 	No changes to syllabus

F5 Performance Management

Implications of switching costing techniques for pricing, sales strategy, performance management and decision-making. Back-flush Accounting

Additional decision-making techniques and advanced variance analysis.

F6 Taxation Nothing deleted from the syllabus. Change to exam paper format to reflect simplification of capital gains tax.

Inheritance Tax and additional VAT knowledge.

F7 Financial Reporting (INT)

Nothing deleted from the syllabus

Consolidation exemptions and exceptions.

F8 Audit and Assurance

Planning and Risk Assessment Planning an Audit

Audit Framework and Regulation; Internal Control; Audit Procedures and Audit Evidence.

F9 Financial Management

Nothing deleted from the syllabus

Concepts of Islamic Finance Professional Level Core (Papers P1, P2 and P3)

P1 Governance, Risk and Ethics

Nothing deleted from the syllabus

Identifying and Assessing Risk; Controlling and Managing Risk.

P2 Corporate Reporting (INT)

Hyperinflation Implementation issues on adoption of IFRSs IFRIC interpretations

Reconstruction schemes; IFRS for SMEs; Consolidation Exemptions and Exceptions

P3 Business Analysis Quality Issues Performance Management Reward Management

Cost and Management Accounting; Forecasting; Project Management; E-business.