Certified Accounting Professional (CAP) Programme

The Certified Accounting Professional (CAP) Programme is administered by AAP (The Association of Accounting Professionals), one of the most renowned associations in the UK for financial management, risk management, and business analysis fields. By earning CAP credentials, candidates demonstrate mastery of financial accounting management knowledge, accounting management skills, knowledge of relevant IAS/IFRS, and commitment to AAP core values and code of ethics.

Obtaining the CAP designation not only widens your skill set but also showcases a standardized level of industry knowledge, establishing you as a recognized leader in financial accounting.

CAP Certification Preparation

The Certified Accounting Professional (CAP) Programme is administered by AAP (The Association of Accounting Professionals), one of the most renowned associations in the UK for financial management, risk management, and business analysis fields. By earning CAP credentials, candidates demonstrate mastery of financial accounting management knowledge, accounting management skills, knowledge of relevant IAS/IFRS, and commitment to AAP core values and code of ethics.

AAP CAP Recertification

Upon passing the CAP exam and receiving certification, you must stay updated on accounting management practices. Instead of a membership fee, you are required to participate in our certificate of proficiency at least twice a year. Our authorized affiliated providers will conduct these classes, and we will issue the certificates. Failure to attend the Certificate of Proficiency sessions necessitates taking the recertification exam every five years.

Evaluate

Bachelor’s Degree in any field OR;
A minimum of three years of experience in any related accounting area (e.g., cost, budgeting, internal control, treasury, banking, etc.)
A minimum of 25 hours of approved accounting management training
A passing score (50%) on the CAP Examination.

Exam Format

The CAP examination is a closed-book, two-hour test consisting of 80 multiple-choice questions. You can take the exam from your residence using your computer.

CAP Syllabus

Module 1: Financial Accounting

Marks: 40

A) Fundamentals of Accounting (Marks: 10)
a) Introduction to Accountingb) The Role of an Accountantc) Accounting Concepts and Standardsd) Journals and Subsidiary Bookse) Profit and Loss Accountsf) Balance Sheet

B) IAS/IFRS (Marks: 30)
a) IAS 1 : Presentation of Financial Statement
b) IAS 2 : Inventories
c) IAS 37: Provisions, Contingent Liabilities and Contingent Assets
d) IFRS 15: Revenue from Contracts with Customers

Module 3: Budgeting & Forecasting

Marks: 16

a) Principles and concept of Costing
b) Direct, Indirect Cost
c) Overhead allocation
d) Cash Budget
e) Master Budget
f) Flexible Budget

Module 2: Financial Statement Analysis

[Marks 16]

a) Introduction of FSA
b) Ratio Analysis
c) Break-even Analysis
d) Variance Analysis

Module 4: Sustainability Management

[Marks 8]

a) Sustainability in Business
b) Social Responsibility
c) Governance & Compliance
d) Resource Efficiency
e) Resource Efficiency
f) ESG (Environmental, Social, Governance) Reporting
g) Circular Economy
h) Stakeholder Engagement