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Associateship Examination |
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CFMP Exam |
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| Associate Examination > Syllabus Changes |
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The changes are as follows:
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Accountancy for Banking
(Effective from January 2007)
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| Syllabus
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Under Item 1.2, “Statements of Standard Accounting Practice issued by the Hong Kong Society of Accountants” is changed to “Hong Kong Accounting Standards issued by the Hong Kong Institute of Certified Public Accountants”.
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Under Item 1.3, “Statements of Cash Flow in Accordance with Companies Ordinance Requirements” is changed to “Statements of Changes in Equity and Cash Flow Statements in Accordance with Hong Kong Requirements”.
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| Examination Format
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The Paper is now divided into 2 sections only, with no changes on the total number of questions to be answered and the marks allocated.
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| Essential Readings
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Two essential readings are replaced.
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A
Finance of International Trade
(Effective from July 2007)
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| Syllabus
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A detailed knowledge of Uniform Customs and Practice for Documentary Credits UCP 600 will replace UCP 500 in November Examination diet.
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| Essential Readings
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ICC Uniform Customs and Practice for
Documentary Credits, (ICC Publication 600) +
eUCP, International Chamber of Commerce will
replace ICC Publication 500 in November
Examination diet
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Treasury – Banking Practice
and Operations
(Effective from January 2008)
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| Syllabus
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A section on Model Code will be added
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| Examination Format
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| The paper is divided into three sections.
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Section A focuses on Model Code whereas Section B and Section C focus on
the remaining parts of the syllabus other than the Model Code.
Section A contains ONE 15-mark compulsory question.
Section B focuses on the practical operation. It contains three 30-mark questions from which candidates should answer TWO questions.
Section C focuses on calculations and knowledge. It contains two 25-mark questions from which candidates should answer ONE question.
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| Essential Readings
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| An essential reading on Model Code will be added.
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