Overview: CAP2

CAP2 builds on the foundation knowledge studied at CAP1 and follows the cumulative knowledge principal.


Subjects

The topics covered in the syllabus are mapped on the competency statement which you can find using the link below. With the cumulative principle, some topics in CAP2 expand upon CAP1 knowledge and some subject areas will be carried into FAE.

Students enrolling on to CAP2 will have the choice of enrolling on two or four subjects. If a student has one and a half subjects (or less) outstanding at CAP1 there is a bridging option which combines the remaining CAP1 subjects with CAP2 Audit and Tax.

If a student has exemptions and joins the Institute at this level it is their responsibility to ensure they are fully conversant with topics carried forward. The CAP1 competency statement, most recent exam papers and examiner reports and recordings are available on our website.

 CAP2 syllabus (subjects)
Audit & Assurance    
The purpose of this course is to equip students with a knowledge and appreciation of the audit and assurance process in the context of the professional regulatory environment.

 Strategic Finance and Management Accounting (SFMA)  
The purpose of this course is to equip students with the necessary advanced financial and management accounting skills with particular reference to medium / large corporate entities.

Financial Reporting (FR)   
The purpose of this course is to equip students with the competence to prepare financial statements for individual corporate entities and groups (including associate undertakings and overseas subsidiary undertakings), in accordance with IFRS and relevant legislation.

Tax (ROI/NI)   
ROI:
 To equip students with the knowledge and skills to deal with most routine issues in Corporation Tax, Capital Gains Tax, Capital Acquisitions Tax, Stamp Duty and VAT
NI: To equip students with the knowledge and skills to deal with most routine issues in Corporation Tax, Capital Gains Tax, Inheritance Tax, Stamp Taxes and VAT. 


Delivery

CAP2 offers nine timetables across six centres; Belfast, Cork, Dublin, Galway, Limerick and Waterford/Kilkenny. A sample of these timetables can be seen on the student portal.

The Distance programme is available in Dublin, Galway and Belfast, for more information on the Distance programme, please go to the Overview: Distance Programmes page.

The harmonisation of materials ensures that all centres deliver the same content; this comes in the form of class slides, question banks and online recordings. These are all tracked in a learning journal, which breaks down the syllabus into sessions and allows students to track their progress throughout the academic year. A link to the learning journal can be found below.

In addition to lectures we also introduced FR workshops and case studies at this level to prepare students for their final year of studies (FAE).


Exams

There are three Interim assessments at CAP2 and marks are awarded toward your exam: Financial reporting (15%), SFMA case study (15%) and Audit (15%) while the end of year exams takes place in June.


CAP2 

Dates

What's happening

01 July 2020 – 30 Sept 2020

CAP2 enrolment for new intake

02 Oct 2020

Publication of CAP2 summer 2019/20 exam results

09 Oct 2020

Closing date for applications for CAP2 summer 2019/20 information and appeals schemes

09 Nov 2020

CAP2 autumn 2019/20 exams

06 Nov 2020

Closing date for receipt of training contracts

18 Dec 2020

Publication of CAP2 autumn 19/20 exam results

TBC

Closing date for applications for CAP2 autumn 2019/20 information and appeals schemes

TBC

Closing date for CAP2 summer 2020/21 exams. 

24 Apr - 15 May 2021 (TBC)

CAP2 mock exams (Audit and Tax)

24 Apr - 15 May 2021 (TBC)

CAP2 mock exams(FR and SFMA)

21-25 Jun 2021 (23rd rest day)

CAP2 summer 2020/21 exams

06 Aug 2021

Publication of CAP2 summer 2020/21 exam results

13 Aug 2021

Closing date for applications for CAP2 summer 2020/21 information and appeals schemes

22 Aug 2021

Closing date for CAP2 autumn2019/20 exams

04 – 08 Oct 2021 (06th rest day)

CAP2 autumn 2020/21 exams

05 Nov 2021

Publication of CAP2 autumn 2020/21 exam results



Booklist 20/21: CAP2

Student textbooks process 2020

There will be no book collections this year.  All textbook orders will be delivered to the default home address for each student. Students will have the option to change the delivery address to an alternative/more suitable address if they wish.  Please check with your firm before allocating a firm delivery as most firms are not in a position to take deliveries of student textbooks. Textbook deliveries to a firm address will only be permitted in exceptional circumstance and prior permission may be required.

Book distribution will commence in October and deliveries will be made by DPD.

Further details will be issued once a student’s enrolment has been processed.

Book queries should be sent to textbookqueries@charteredaccountants.ie


TOP TIP
 if you are sending an email please include your student number in the title of the email. 

Course

Subject 

 Title

ISBN Author

CAP2

CAP2 FR

International Financial Accounting and Reporting 6ed

 978-1-912350-02-5

Ciaran Connolly

CAP2

CAP2 FR

IFRS 2020

978-1-911629-46-7 

 

CAP2

CAP2 SFMA

Managerial Accounting 3ed

978-1-910374-67-2

Clarke

CAP2

CAP2 SFMA

Finance: Theory and Practice 4ed / 3ed***

978-1-908199-48-5  

Ann Marie Ward

CAP2

CAP2 Audit

Ethical and Auditing Standards 2020 (FRC) (NI ONLY)

 978-1-912350-45-2

 

 CAP2 CAP2 Audit  External Auditing and Assurance  978-1-912350-03-2  Nolan & Nangle 

CAP2

CAP2 Audit

Ethical and Auditing Standards Ireland 2020 (IAASA) (ROI ONLY) NEW

978-1-912350-44-5

 

CAP2

CAP2 Tax (NI)

CAP 2 Taxation (NI) 2020-21 NEW

 978-1-912350-41-4

CAI

CAP2

CAP2 Tax (ROI)

CAP2 Taxation (Roil) 2020 - 21 NEW

 978-1-912350-38-4

CAI

CAP2

 

Student Technical Handbook 2020-21  NEW

978-1-912350-02-5

CAI


***CAP2 students who have come straight from CAP1 will keep the 3ed of the Ward book.

External Auditing and Assurance 3ed

External Auditing and Assurance 3ed

If you are sending an email please include your student number in the title of the email.

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