Программа АССА для аудиторов
FINANCIAL ENGLISH
(ACCA)
Course structure
| Training levels | The name of level of training | Structure of level of training | The module name | Papers of АССА |
| 1 Level | Knowledge level | Modul 1.1 | Basic | F1, F2, F3 |
| 2 Level | Fundamental level | Modul 2.1 | Adviser | F4, F6, F8 |
| Modul 2.2 | Decision maker | F5, F9 | ||
| 3 Level | Professional level | Modul 3.1 | Proff | P1-P7 |
KNOWLEDGE LEVEL
MODULE «BASIC». ELEMENTARY
The program is intended for non-native speakers of English at elementary level to help prepare for F1, F2, F3 (Elementary)
Length of the course: 60 ac.h. (1 lesson = 2 ac.h.)
The amount of time devoted to developing
Listening comprehension 15%
Reading comprehension 10%
Vocabulary 30%
Grammar 35%
Speaking 10%
Materials:
- Syllabus and study guides to ACCA papers
- Past exam papers
- Examiner’s reports
|
Lesson (Each lesson = 2 ac.h.) |
Vocabulary to focus on |
Grammar to focus on |
Business skills obtained |
| Lesson 1 | The business organization, its stakeholders and the external environment | Present and Past tenses
(Present/Past Simple; Present/Past Continuous; Present/Past Perfect) (affirmative, negative sentences and questions) Describing |
Understand the purpose and types of businesses and how they interact with key stakeholders and the external environment |
| Lesson 2 | The macro-economic environment | Giving opinion
Describing |
|
| Lesson 3 | The macro-economic environment | Giving definitions | |
| Lesson 4 | Business organizational structure, functions and governance | Speaking about the difference
Comparing Making conclusions |
Understand business organization structure, functions and the role of corporate governance |
| Lesson 5 | Accounting and reporting systems, controls and compliance | Giving opinion
Making conclusions |
Recognize the function of accountancy and audit in communicating, reporting and assuring financial information and in effective financial control and compliance |
| Lesson 6 | Accounting and reporting systems, controls and compliance | Making conclusions | |
| Lesson 7 | Leading and managing individuals and teams | Making conclusions
Giving opinion Giving definitions |
Recognize the principles of authority and leadership and how teams and individuals are recruited, managed, motivated and developed. |
| Lesson 8 | Leading and managing individuals and teams | Making conclusions
Giving opinion Giving definitions |
|
| Lesson 9 | Personal effectiveness and communication in business | Giving opinion
Making conclusions |
Understand the importance of personal effectiveness as the basis for effective team and organizational behavior. |
| Lesson 10 | Personal effectiveness and communication in business | Making conclusions
Giving opinion Giving definitions |
|
| Lesson 11 | Professional ethics in accounting and business | Giving opinion
Making conclusions Explaining Giving definitions |
Recognize that all aspects of business and finance should be conducted in a manner which complies with and is in the spirit of accepted professional ethics and professional values.
Solving case studies |
| Lesson 12 | Professional ethics in accounting and business | Giving opinion
Making conclusions Explaining |
|
| Lesson 13 | The nature, source and purpose of management information | Explaining
Giving definitions |
Explain the nature, source and purpose of management information |
| Lesson 14 | Cost accounting principles and methods | Giving opinion
Making conclusions Explaining Giving definitions |
Explain and apply cost accounting techniques |
| Lesson 15 | Cost accounting principles and methods | Explaining
Giving definitions |
|
| Lesson 16 | Budgeting | Figures | Prepare budgets for planning and control |
| Lesson 17 | Budgeting | Presenting information using graphs, charts and tables (bar charts, line graphs, pie charts and scatter graphs) | |
| Lesson 18 | Standard costing | Using passive
Interpreting information (including the above tables, graphs and charts) presented in management reports |
Compare actual costs with standard costs and analyse any variances |
| Lesson 19 | Performance measurement | Giving opinion
Making conclusions Explaining Giving definitions |
Analyse, interpret and monitor business performance |
| Lesson 20 | Formal language/writing reports | Writing a report + formal language + specific structures | |
| Lesson 21 | Formal language/writing reports | Writing a report + formal language + specific structures | |
| Lesson 22 | The context and purpose of financial reporting | Explaining
Analyzing Present tenses (revision) Relative clauses |
Explain the context and purpose of financial reporting |
| Lesson 23 | The qualitative characteristics of financial information and the fundamental bases of accounting | Word-building
Giving definitions Giving opinion |
Define the qualitative characteristics of financial information and the fundamental bases of accounting |
| Lesson 24 | The use of double-entry in accounting systems | Modals | Demonstrate the use of double-entry and accounting systems |
| Lesson 25 | The use of double-entry in accounting systems | Speaking about probability
Speaking about advantages and disadvantages |
|
| Lesson 26 | Recording transactions and events | Working on pilot papers
Calculating |
Record transactions and events |
| Lesson 27 | Preparing a trial balance | Working on pilot papers
Calculating |
Prepare a trial balance (including identifying and correcting errors) |
| Lesson 28 | Preparing a trial balance | Working on pilot papers
Calculating |
|
| Lesson 29 | Preparing basic financial statements | Working on pilot papers
Calculating |
Prepare basic financial statements for incorporated and unincorporated entities |
| Lesson 30 | Preparing basic financial statements | Working on pilot papers
Calculating |
KNOWLEDGE LEVEL
MODULE «BASIC». INTERMEDIATE
The program is intended for non-native speakers of English at intermediate level to help prepare for F1, F2, F3 (Intermediate)
Length of the course: 40 ac.h. (1 lesson = 2 ac.h.)
The amount of time devoted to developing
Listening comprehension 20%
Reading comprehension 10%
Vocabulary 30%
Grammar 30%
Speaking 10%
Materials:
- Syllabus and study guides to ACCA papers
- Past exam papers
- Examiner’s reports
|
Lesson (Each lesson = 2 ac.h.) |
Vocabulary to focus on |
Grammar to focus on |
Business skills obtained |
| Lesson 1 | The business organization, its stakeholders and the external environment | Present and Past tenses
(Present/Past Simple; Present/Past Continuous; Present/Past Perfect) (affirmative, negative sentences and questions) Describing |
Understand the purpose and types of businesses and how they interact with key stakeholders and the external environment |
| Lesson 2 | The macro-economic environment | Giving opinion
Describing |
|
| Lesson 3 | Business organizational structure, functions and governance | Speaking about the difference
Comparing Making conclusions |
Understand business organization structure, functions and the role of corporate governance |
| Lesson 4 | Accounting and reporting systems, controls and compliance | Giving opinion
Making conclusions |
Recognize the function of accountancy and audit in communicating, reporting and assuring financial information and in effective financial control and compliance |
| Lesson 5 | Leading and managing individuals and teams | Making conclusions
Giving opinion Giving definitions |
Recognize the principles of authority and leadership and how teams and individuals are recruited, managed, motivated and developed. |
| Lesson 6 | Personal effectiveness and communication in business | Giving opinion
Making conclusions Explaining Giving reasons Passive Formal language |
Understand the importance of personal effectiveness as the basis for effective team and organizational behavior. |
| Lesson 7 | Professional ethics in accounting and business | Giving opinion
Making conclusions Explaining Giving definitions |
Recognize that all aspects of business and finance should be conducted in a manner which complies with and is in the spirit of accepted professional ethics and professional values.
Solving case studies |
| Lesson 8 | Professional ethics in accounting and business | Giving opinion
Making conclusions |
|
| Lesson 9 | The nature, source and purpose of management information | Explaining
Giving definitions |
Explain the nature, source and purpose of management information |
| Lesson 10 | Cost accounting principles and methods | Giving opinion
Making conclusions Explaining Giving definitions |
Explain and apply cost accounting techniques |
| Lesson 11 | Budgeting | Figures
Presenting information using graphs, charts and tables (bar charts, line graphs, pie charts and scatter graphs) |
Prepare budgets for planning and control |
| Lesson 12 | Standard costing | Using passive
Interpreting information (including the above tables, graphs and charts) presented in management reports |
Compare actual costs with standard costs and analyse any variances |
| Lesson 13 | Performance measurement | Giving opinion
Making conclusions Explaining Giving definitions |
Analyse, interpret and monitor business performance |
| Lesson 14 | Formal language/writing reports | Writing a report + formal language + specific structures | |
| Lesson 15 | The context and purpose of financial reporting | Explaining
Analyzing Present tenses (revision) Relative clauses |
Explain the context and purpose of financial reporting |
| Lesson 16 | The qualitative characteristics of financial information and the fundamental bases of accounting | Word-building
Giving definitions Giving opinion |
Define the qualitative characteristics of financial information and the fundamental bases of accounting |
| Lesson 17 | The use of double-entry in accounting systems | Modals
Speaking about probability Speaking about advantages and disadvantages |
Demonstrate the use of double-entry and accounting systems |
| Lesson 18 | Recording transactions and events | Working on pilot papers
Calculating |
Record transactions and events |
| Lesson 19 | Preparing a trial balance | Working on pilot papers
Calculating |
Prepare a trial balance (including identifying and correcting errors) |
| Lesson 20 | Preparing basic financial statements | Working on pilot papers
Calculating |
Prepare basic financial statements for incorporated and unincorporated entities |
Fundamental level.
MODULE «ADVISER». ELEMENTARY
The program is intended for non-native speakers of English at elementary level to help prepare for F4, F6, F8 (Elementary)
Length of the course: 60 ac.h. (1 lesson = 2 ac.h.)
The amount of time devoted to developing
Listening comprehension 10%
Reading comprehension 10%
Vocabulary 15%
Grammar 20%
Speaking 25%
Writing 20%
Materials:
- Syllabus and study guides to ACCA papers
- Past exam papers
- Examiner’s reports
|
Lesson (Each lesson = 2 ac.h.) |
Vocabulary to focus on |
Grammar to focus on |
Business skills obtained |
| Lesson 1 | Essential elements of the legal system | Present, Past and Future tenses
(Simple/Continuous/Perfect aspects) (affirmative, negative sentences and questions) |
Identify the essential elements of the legal system, including the main sources of law |
| Lesson 2 | Essential elements of the legal system | Describing
Giving definitions Giving opinion |
|
| Lesson 3 | The law of obligations | Relative clauses | Recognize and apply the appropriate legal rules relating to the law of obligations |
| Lesson 4 | The law of obligations | Means of making recommendations
Analyzing |
|
| Lesson 5 | Employment law | Giving explanations
Gerunds/Infinitives |
Explain and apply the law relating to employment relationships |
| Lesson 6 | Employment law | Answering questions
Answering scenario questions |
|
| Lesson 7 | The formation and constitution of business organizations | Means of comparing | Distinguish between alternative forms and constitutions of business organizations |
| Lesson 8 | Capital and the financing of companies | Discussing (giving opinion, agreeing, disagreeing, speaking about advantages and disadvantages)
Comparing |
Recognize and compare types of capital and the financing of companies |
| Lesson 9 | Capital and the financing of companies | Comparing
Answering scenario questions |
|
| Lesson 10 | Capital and the financing of companies | Answering scenario questions | |
| Lesson 11 | Company management and administration | Describing
Using passive |
Describe and explain how companies are managed and administered |
| Lesson 12 | Legal implications relating to companies in difficulty or in crisis | Giving definitions
Classifying Explaining |
Recognize the legal implications relating to companies in difficulty or in crisis |
| Lesson 13 | Governance and ethical issues relating to business | Discussing (giving opinion, agreeing, disagreeing, speaking about advantages and disadvantages)
Explaining |
Demonstrate an understanding of governance and ethical issues relating to business |
| Lesson 14 | The Russian tax system | Describing
Explaining |
Explain the operation and scope of the Russian tax system |
| Lesson 15 | The Russian tax system | Presenting and analyzing figures
Interpreting information (including tables, graphs and charts) Using passive |
|
| Lesson 16 | Income tax liabilities | Answering scenario questions:
Explaining and calculating |
Explain and compute the income tax liabilities of individuals in their capacity as individual entrepreneurs and employees |
| Lesson 17 | Corporate profits tax liabilities | Answering scenario questions:
Explaining and calculating |
Explain and compute the corporate profits tax liabilities of Russian legal entities |
| Lesson 18 | Value added tax (VAT) | Answering scenario questions:
Explaining and calculating |
Explain and compute the effects of value added tax on incorporated businesses |
| Lesson 19 | Social Insurance
contributions (SIC) |
Answering scenario questions:
Explaining and calculating |
Explain and compute the effect of social insurance contributions on employees, employers and individual entrepreneurs |
| Lesson 20 | Corporate property tax | Answering scenario questions:
Explaining and calculating |
Explain and compute the corporate property tax liability of Russian legal entities |
| Lesson 21 | Tax planning, administration and control | Explaining | Identify and explain the obligations of taxpayers and/or their agents and the implications of non-compliance. |
| Lesson 22 | Tax planning, administration and control | Talking about obligation
Talking about procedures Explaining |
|
| Lesson 23 | Audit framework and regulation | Describing
Explaining |
Explain the nature, purpose and scope of assurance engagements including the role of the external audit and its regulatory and ethical framework |
| Lesson 24 | Audit framework and regulation | Giving explanations | |
| Lesson 25 | Internal audit | Discussing (giving opinion, agreeing, disagreeing, speaking about advantages and disadvantages) | Explain the nature of internal audit and describe its role as part of overall performance management
and its relationship with the external audit |
| Lesson 26 | Planning and risk assessment | Means of talking about possibility | Demonstrate how the auditor obtains an understanding of the entity and its environment , assesses the risk of material misstatement (whether arising from fraud or other irregularities) and plans an audit of financial statements |
| Lesson 27 | Internal control | Explaining
Giving recommendations |
Describe and evaluate information systems and internal controls to identify and communicate control risks and their potential consequences, making appropriate recommendations |
| Lesson 28 | Audit evidence | Discussing (giving opinion, agreeing, disagreeing, speaking about advantages and disadvantages)
Giving reasons |
Identify and describe the work and evidence required to meet the objectives of audit engagements and the application of the International Standards on Auditing |
| Lesson 29 | Review | Describing
Explaining |
Evaluate findings and modify the audit plan if necessary |
| Lesson 30 | Reporting | Writing a report + formal language + specific structures | Explain how the conclusions from audit work are reflected in different types of audit report; explain the elements of each type of report. |
Fundamental level.
MODULE «ADVISER». INTERMEDIATE
The program is intended for non-native speakers of English at intermediate level to help prepare for F4, F6, F8 (Intermediate)
Length of the course: 40 ac.h. (1 lesson = 2 ac.h.)
The amount of time devoted to developing
Listening comprehension 15%
Reading comprehension 10%
Vocabulary 15%
Grammar 15%
Speaking 25%
Writing 20%
Materials:
- Syllabus and study guides to ACCA papers
- Past exam papers
- Examiner’s reports
|
Lesson (Each lesson = 2 ac.h.) |
Vocabulary to focus on |
Grammar to focus on |
Business skills obtained |
| Lesson 1 | Essential elements of the legal system | Present, Past and Future tenses
(Simple/Continuous/Perfect aspects) (affirmative, negative sentences and questions) Describing Giving definitions Giving opinion |
Identify the essential elements of the legal system, including the main sources of law |
| Lesson 2 | The law of obligations [4] | Relative clauses
Means of making recommendations Analyzing |
Recognize and apply the appropriate legal rules relating to the law of obligations |
| Lesson 3 | Employment law | Giving explanations
Gerunds/Infinitives Answering questions Answering scenario questions |
Explain and apply the law relating to employment relationships |
| Lesson 4 | Capital and the financing of companies | Discussing (giving opinion, agreeing, disagreeing, speaking about advantages and disadvantages)
Comparing Answering scenario questions |
Recognize and compare types of capital and the financing of companies |
| Lesson 5 | Capital and the financing of companies | Answering scenario questions | |
| Lesson 6 | The formation and constitution of business organizations
Company management and administration |
Describing
Using passive |
Describe and explain how companies are managed and administered
Distinguish between alternative forms and constitutions of business organizations |
| Lesson 7 | Legal implications relating to companies in difficulty or in crisis | Giving definitions
Classifying Explaining |
Recognize the legal implications relating to companies in difficulty or in crisis |
| Lesson 8 | Governance and ethical issues relating to business | Discussing (giving opinion, agreeing, disagreeing, speaking about advantages and disadvantages)
Explaining |
Demonstrate an understanding of governance and ethical issues relating to business |
| Lesson 9 | The Russian tax system | Presenting and analyzing figures
Interpreting information (including tables, graphs and charts) Using passive Describing Explaining |
Explain the operation and scope of the Russian tax system |
| Lesson 10 | Income tax liabilities and corporate profits tax liabilities | Answering scenario questions:
Explaining and calculating |
Explain and compute the income tax liabilities of individuals in their capacity as individual entrepreneurs and employees
Explain and compute the corporate profits tax liabilities of Russian legal entities |
| Lesson 11 | Value added tax (VAT) | Answering scenario questions:
Explaining and calculating |
Explain and compute the effects of value added tax on incorporated businesses |
| Lesson 12 | Social Insurance
contributions (SIC) |
Answering scenario questions:
Explaining and calculating |
Explain and compute the effect of social insurance contributions on employees, employers and individual entrepreneurs |
| Lesson 13 | Corporate property tax | Answering scenario questions:
Explaining and calculating |
Explain and compute the corporate property tax liability of Russian legal entities |
| Lesson 14 | Tax planning, administration and control | Talking about obligation
Talking about procedures Explaining |
Identify and explain the obligations of taxpayers and/or their agents and the implications of non-compliance. |
| Lesson 15 | Audit framework and regulation | Describing
Explaining Giving explanations |
Explain the nature, purpose and scope of assurance engagements including the role of the external audit and its regulatory and ethical framework |
| Lesson 16 | Internal audit | Discussing (giving opinion, agreeing, disagreeing, speaking about advantages and disadvantages) | Explain the nature of internal audit and describe its role as part of overall performance management
and its relationship with the external audit |
| Lesson 17 | Planning and risk assessment | Means of talking about possibility | Demonstrate how the auditor obtains an understanding of the entity and its environment, assesses the risk of material misstatement (whether arising from fraud or other irregularities) and plans an audit of financial statements |
| Lesson 18 | Internal control | Explaining
Giving recommendations |
Describe and evaluate information systems and internal controls to identify and communicate control risks and their potential consequences, making appropriate recommendations |
| Lesson 19 | Audit evidence | Discussing (giving opinion, agreeing, disagreeing, speaking about advantages and disadvantages)
Giving reasons |
Identify and describe the work and evidence required to meet the objectives of audit engagements and the application of the International Standards on Auditing |
| Lesson 20 | Review and reporting | Describing
Explaining Writing a report + formal language + specific structures |
Evaluate findings and modify the audit plan if necessary
Explain how the conclusions from audit work are reflected in different types of audit report; explain the elements of each type of report. |
FUNDAMENTAL LEVEL
MODULE «DECISION MAKER». INTERMEDIATE
The program is intended for non-native speakers of English at intermediate level to help prepare for F5 and F9
Length of the course: 40 ac.h. (1 lesson = 2 ac.h.)
The amount of time devoted to developing
Listening comprehension 15%
Reading comprehension 10%
Vocabulary 15%
Grammar 15%
Speaking 20%
Writing 25%
Materials:
- Syllabus and study guides to ACCA papers
- Past exam papers
- Examiner’s reports
| Lesson (Each lesson = 2 ac.h.) | Vocabulary to focus on | Grammar to focus on | Business skills obtained | |
| Lesson 1 | Target costing and lifecycle costing and activity-based costing | Present tenses | Explain and apply cost accounting techniques | |
| (affirmative, negative sentences and questions) | ||||
| Giving definitions | ||||
| Describing | ||||
| Lesson 2 | Throughput accounting and backflush accounting | Giving opinions | ||
| Agreeing and disagreeing | ||||
| Lesson 3 | Cost-volume-profit-analysis | Means of comparing and speaking about the difference | ||
| Lesson 4 | Transfer pricing | Making conclusions | Select and appropriately apply decision-making techniques to facilitate | |
| business decisions and promote efficient and effective use of scarce business resources, appreciating the risks and uncertainty inherent in | ||||
| business and controlling those risks | ||||
| Lesson 5 | The risks of uncertainty and linear programming | Commenting | ||
| Lesson 6 | Quantitative aspects of budgeting | Writing | Identify and apply appropriate budgeting techniques and methods for planning and control | |
| Making suggestions | ||||
| Making recommendations | ||||
| Lesson 7 | Budgeting techniques | Expressing ideas in a structured way | ||
| Lesson 8 | Behavioral aspects of budgeting | Assessing the advantages and disadvantages of the situation | ||
| Linking words | ||||
| Lesson 9 | Materials mix and variance analysis | Analyzing | ||
| Assessing | ||||
| Writing in a structured way | ||||
| Lesson 10 | Measuring planning variances | Making suggestions | ||
| Lesson 11 | Interpreting financial data | Figures | Use standard costing systems to measure and control business | |
| Presenting information using graphs, charts and tables (bar charts, line graphs, pie charts and scatter graphs) | performance and to identify remedial action | |||
| Lesson 12 | Performance measurement | Using passive | Formulate and solve multiple scarce resource problems both graphically and using simultaneous equations as appropriate | |
| Interpreting information (including the above tables, graphs and charts) | Assess the performance of a business from both a financial and non-financial viewpoint, appreciating the problems of controlling divisionalised businesses and the importance of allowing for external aspects | |||
| presented in management reports | ||||
| Lesson 13 | Financial management and its function | Verbs +Infinitives | Discuss the role and purpose of the financial management function | |
| Verbs + gerunds | ||||
| Using gerunds | ||||
| Lesson 14 | Financial management environment | Means of critical discussing | Assess and discuss the impact of the economic environment on financial management | |
| Lesson 15 | Working capital management | Critical discussing | Discuss and apply working capital management techniques | |
| Speaking about the advantages and disadvantages | ||||
| Lesson 16 | Investment appraisal | Means of speaking about possibility and probability | Carry out effective investment appraisal | |
| Lesson 17 | Business finance | Conditionals 0, 1 | Identify and evaluate alternative sources of business finance | |
| Lesson 18 | Cost of capital | Conditionals 2 | Explain and calculate the cost of capital and the factors which affect it | |
| Lesson 19 | Business valuations | Conditionals 3 | Discuss and apply principles of business and asset valuations | |
| Lesson 20 | Risk management | Conditionals (revision) | Explain and apply risk management techniques in business |
Professional level
MODULE «PROFF». PRE-INTERMEDIATE
The program is intended for non-native speakers of English at pre- intermediate level to help prepare for professional level ACCA
Length of the course: 60 ac.h. (1 lesson = 2 ac.h.)
The amount of time devoted to developing
Listening comprehension 10%
Reading comprehension 10%
Vocabulary 15%
Grammar 15%
Speaking 25%
Writing 25%
Materials:
- Syllabus and study guides to ACCA papers
- Past exam papers
- Examiner’s reports
|
Lesson (Each lesson = 2 ac.h.) |
Vocabulary to focus on |
Grammar to focus on |
Business skills obtained |
| Lesson 1 | Governance and responsibility | Present, Past and Future tenses
(Present/Past Simple; Present/Past Continuous; Present/Past Perfect) (affirmative, negative sentences and questions) Explaining |
Define governance and explain its function in the effective management and control of organizations and of the resources for which they are accountable |
| Lesson 2 | Internal control and review | Speaking about the difference
Explaining Constructing the case, giving reasons |
Evaluate the professional accountant’s role in internal control, review and compliance |
| Lesson 3 | Identifying, controlling and assessing risk | Assessing the advantages and disadvantages of the situation
Criticizing |
Explain the role of the accountant in identifying and
assessing risk Explain and evaluate the role of the accountant in controlling and mitigating risk |
| Lesson 4 | Professional values and ethics | Linking words | Demonstrate the application of professional values and judgment through an ethical framework that is in the best interests of society and the profession, in compliance with relevant professional codes, laws and regulations |
| Lesson 5 | The financial reporting framework | Gerunds and infinitives
Writing: preparing a consolidated statement of cash flows Commenting Discussing the reasons |
Evaluate the financial reporting framework |
| Lesson 6 | Financial statements of entities and groups of entities | Speaking about probability
Modals Modal perfect |
Advise on and report the financial
performance of entities Prepare the financial statements of groups of entities in accordance with relevant accounting standards |
| Lesson 7 | Specialized entities and specialized
transactions |
Speaking about the difference
Explaining |
Explain reporting issues relating to specialised entities |
| Lesson 8 | Implications of changes in accounting regulation on financial reporting | Commenting | Discuss the implications of changes in accounting regulation on financial reporting |
| Lesson 9 | The appraisal of financial performance and position of entities
Current developments |
Discussing advantages and disadvantages | Appraise the financial performance and
position of entities Evaluate current developments |
| Lesson 10 | Strategy: position, choices, action | Assessing
Speaking about probability and possibility |
Assess the strategic position of an organization
Evaluate the strategic choices available to an organization Discuss how an organization might go about its strategic implementation |
| Lesson 11 | Business process change | Analyzing
Explaining Relative clauses |
Evaluate and redesign business processes and structures to implement and support the organization’s strategy taking account of customer and other major stakeholder requirements |
| Lesson 12 | Project management | Giving advice
Modals |
Advise on the principles of project management to enable the implementation of aspects of the organization’s strategy with the twin objectives of managing risk and ensuring benefits realization |
| Lesson 13
|
Financial Analysis | Giving assessments
Speaking about probability and possibility |
Analyze and evaluate the effectiveness of a company’s strategy and the financial consequences of implementing strategic decisions |
| Lesson 14 | Strategy and people: leadership and staff development | Giving assessments | Assess the role of leadership and people management in formulating in implementing business strategy |
| Lesson 15 | Advanced investment appraisal | Writing: the language + specific structures – preparing a report
Using gerunds and infinitives |
Evaluate potential investment decisions and assessing their financial and strategic consequences, both domestically and internationally |
| Lesson 16 | Acquisitions and mergers
Corporate reconstruction and re-organisation |
Speaking about advantages and disadvantages
Comparing |
Assess and plan acquisitions and mergers as an alternative growth strategy
Evaluate and advise on alternative corporate re-organization strategies |
| Lesson 17 | Treasury and advanced risk management techniques | Forecasting/ Speaking about the future | Apply and evaluate alternative advanced treasury and risk management techniques |
| Lesson 18 | Emerging issues in finance and financial management | Giving the reasons
Commenting |
Identify and assess the potential impact of emerging issues in finance and financial management. |
| Lesson 19
|
Strategic planning and control | Drafting the report of the CEO/ structure/ style | Use strategic planning and control models
to plan and monitor organizational performance |
| Lesson 20
|
Performance measurement systems and design | Discussing the strengths and weaknesses
Giving suggestions |
Identify and evaluate the design features of
effective performance management information and monitoring systems |
| Lesson 21 | Strategic performance measurement | Critical assessing the results
Critical discussing |
Apply appropriate strategic performance
measurement techniques in evaluating and improving organizational performance |
| Lesson 22 | Performance evaluation and corporate failure | Interpreting diagrams
Assessing the situation Commenting |
Advise clients and senior management on
strategic business performance evaluation and on recognizing vulnerability to corporate failure |
| Lesson 23 | Current developments and emerging issues performance management | Commenting on trends
Speaking about priorities |
Identify and assess the impact of current
developments in management accounting and performance management on measuring, evaluating and improving organizational performance |
| Lesson 24 | Regulatory Environment | Giving recommendations
Commenting |
Recognize the legal and regulatory environment and its impact on audit and assurance practice |
| Lesson 25
|
Professional and Ethical Considerations | Preparing briefing notes
Evaluating Highlighting |
Demonstrate the ability to work effectively on an assurance or other service engagement within a professional and ethical framework |
| Lesson 26 | Practice management | Giving recommendations
Assessing |
Assess and recommend appropriate quality control policies and procedures in practice management and recognize the auditor’s position in relation to the acceptance and retention of professional appointments |
| Lesson 27 | Audit of historical financial information | Giving recommendations
Assessing |
|
| Lesson 28 | Audit-related services, assurance services, Prospective financial information, outsourcing | Discussing advantages and disadvantages
Explaining |
Identify and formulate the work required to meet the objectives of audit assignments and apply the International Standards on Auditing
Identify and formulate the work required to meet the objectives of non-audit assignments |
| Lesson 29 | Reporting | Writing: the language + specific structures – preparing a report | |
| Lesson 30 | Current issues and developments | Discussing advantages and disadvantages
Speaking about probability |
Understand the current issues and developments relating to the provision of audit- related and assurance service |