Syllabus of MSA-1 FINANCIAL REPORTING AND ASSURANCE PROFESSIONAL COMPETENCE

Get access to latest and updated icap syllabus of MSA1 Financial Reporting and Assurance Professional Competence now. Here you will find detailed course content or Syllabus of MSA Financial Reporting and Assurance Professional Competence Winter for 2021 attempt.

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icap syllabus of MSA1 Financial Reporting and Assurance Professional Competence

Syllabus GRID:

Here is the grid of Syllabus of MSA Financial Reporting and Assurance Professional Competence.

GridWeightage
Financial accounting and reporting50-65
Audit, assurance and related services30-40
Company law and ethics (provisions relating to accounts and audit)05-10
Total100

Course Outline:

The course outline gives an overview of Syllabus of MSA Financial Reporting and Assurance Professional Competence . The detailed Syllabus of MSA Financial Reporting and Assurance Professional Competence for Winter 2021 attempt is given below.

Financial accounting and reporting
Presentation of Financial Statements (IAS-1, IAS-7 and Companies Act, 2017)
IFRS 1 First-time Adoption of International Financial Reporting Standards
IAS 27 Separate Financial Statements
IFRS 10 Consolidated Financial Statements
IAS 28 Investments in Associates
IFRS 11 Joint Arrangements
IFRS 12 Disclosure of Interest in Other Entities
IFRS 2 Share-based Payment
IFRS 13 Fair Value Measurement
IFRS 8 Operating Segments
IFRS 9 Financial Instruments
IFRS 3 Business Combinations
IAS 34 Interim Financial Reporting
IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors
IAS 10 Events After the Reporting Date
IAS 12 Income Taxes
IAS 16 Property, Plant and Equipment
IFRS 16 Leases
IAS 40 Investment Property
IFRS 15 Revenue From Contracts with Customers
IAS 19 Employee Benefits
IAS 21 The Effects of Changes in Foreign Exchange Rates
IAS 24 Related Party Disclosures
IFRS 7 Financial Instruments: Disclosures
IAS 32 Financial Instruments: Presentation
IAS 33 Earnings per Share
IAS 36 Impairment of Assets
IAS 37 Provisions, Contingent Liabilities and Contingent Assets
IAS 38 Intangible Assets
IFRIC 10 Interim Financial Reporting and Impairment
SIC 32 Intangible Assets – Web Site Costs
Current development and updates relating to IFRS
****Audit, assurance and related services
Quality control – ISQC 1, ISA 220, quality control framework of ICAP, Quality Assurance Board of ICAP
Legal, professional and ethical consideration relating to appointment and removal of auditor
Audit risk
Audit planning, execution, documentation and conclusion
Consideration of laws and regulations
Acceptance and continuance of client
Subsequent events
Going Concern
Fair value measurements and accounting estimates
Special consideration – Audit of group financial statements (including work of component auditors)
Work of expert and internal auditor
Identification of audit issues and advising on relevant audit procedures
Unmodified audit report
Modification in audit report
Emphasis of matter and other matters in audit report
Reporting consideration on comparative information
Reporting consideration on other information in document containing financial statements
Audit report under the Companies Act, 2017
“Assurance engagements other than audits or reviews of historical
financial information”
Engagements for related services
Current development and updates relating to audit, assurance and related services
Company law and ethics (provisions relating to accounts and audit)
Accounts (Section 220 To 239)
Dividends and Manner and Time of Payment Thereof (Section 240 To 245)
Audit (Section 246 To 253)
Code of Corporate Governance (Codes relating to audit and accounts)
Professional misconduct under the Chartered Accountants Ordinance 1961
Code of Ethics (revised 2019) issued by the Institute of Chartered Accountants of Pakistan

icap syllabus of MSA1 Financial Reporting and Assurance Professional Competence

icap syllabus of MSA1 Financial Reporting and Assurance Professional Competence icap syllabus of MSA1 Financial Reporting and Assurance Professional Competence icap syllabus of MSA1 Financial Reporting and Assurance Professional Competence icap syllabus of MSA1 Financial Reporting and Assurance Professional Competence icap syllabus of MSA1 Financial Reporting and Assurance Professional Competence icap syllabus of MSA1 Financial Reporting and Assurance Professional Competence icap syllabus of MSA1 Financial Reporting and Assurance Professional Competence icap syllabus of MSA1 Financial Reporting and Assurance Professional Competence icap syllabus of MSA1 Financial Reporting and Assurance Professional Competence

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