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 runs, thanks to its online only format, across the island of Ireland. Timetables will be available on the student portal closer to course commencement date

Online learning is a good way for students to organise their studies around their work, social or family commitments in a structured, supported environment. Chartered Accountants Ireland is committed to ensuring students achieve success by providing comprehensive materials, online resources, and ensuring that individual support is available. Students who have proven themselves to be self-motivated, disciplined and committed enough to take responsibility for their own learning will benefit most from this course.


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

10-Aug-20

CAP2 summer 2019/20 exams

1-Jul-20 to 30-Sept-20

CAP2 enrolment for new intake

02-Oct-20

Publication of CAP2 summer 2019/20 exam results

02-18 Oct 20

Second Enrolment window for CAP2

2-30 Oct 20

Second Enrolment window for FAE

02-Nov-20

Commencement of CAP2 2020-2021 programme

09-Nov-20

CAP2 autumn 2019/20 exams

19-Nov-20

Last date for refund/credit of full enrolment fee less admin charge

11-Dec-20

Publication of CAP2 autumn 2019/20 exam results

11-Dec-20-30 December 20

Enrolment re-opens CAP2/FAE programme

31-Dec-20

Last date for request of 50% programme refunds/credits

10th April 2021

CAP2 FR interim assessment

24th April - 9th May 2021 (TBC)

CAP2 mock exams (Audit and Tax)

24th April - 9th May 2021(TBC)

CAP2 mock exams(FR and SFMA)

7th May 2021

Publication of CAP2 Financial Reporting interim e-assessment results

21 - 25 Jun 2021

CAP2 summer 2020/21 exams

06-Aug-21

Publication of CAP2 summer 2020/2021 exam results

14-Aug-21

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

21-Aug-21

Closing date for CAP2 autumn2020/21 exams

4th - 8th October 2021

CAP2 autumn 2020/21 exams

5th November 2021

Publication of CAP2 autumn 2020/2021 exam results



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 (ROl) 2020 - 21 NEW

 978-1-912350-38-4

CAI

CAP2

 

Student Technical Handbook 2020-21  NEW

978-1-912350-02-5

CAI


***CAP2 students progressing from CAP1 will keep the 3ed of the Ward book and Clarke 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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