Overview: CAP1

CAP1 is our first year programme and provides the essential foundation knowledge in the key areas that underpins the work of chartered accountants. With the cumulative principle, what is learned at CAP1 will be expanded on in CAP2.


Subjects

The topics covered in the syllabus are mapped on the competency statement, which you can find under recommended downloads below. With the cumulative principle, what you learn at CAP1 will be expanded in CAP2 and FAE.

Before enrolling onto CAP1 students are required to complete the exemption process. Depending on your undergraduate degree you may have covered some of this material and could be eligible to gain exemptions.

CAP1 syllabus (subjects)

Finance  
The purpose of this course is to provide students with a knowledge and appreciation of basic financial management and the financial environment set within the context of the small developing company. The programme will enable students to understand the principles of financial management, investment appraisal and working capital management and to provide relevant information and advice to both organisations and individuals. 

Financial Accounting    
The purpose of this course is to equip students with an understanding of the context of financial accounting in the business environment, and to provide fundamental accounting capabilities. 

Management Accounting  
The purpose of this course is to equip students with an understanding of management accounting as a basis for developing the tools and knowledge required to meet management information needs.

Taxation I
(ROI/NI)
   
ROI: To equip students with the knowledge and skills to deal with most routine issues in personal income tax and VAT

NI: To equip students with the knowledge and skills to deal with most routine issues in personal income tax, corporation tax, capital gains tax and VAT.

Law for Accountants (ROI/NI)  
The purpose of this course is to create a heightened awareness of the pervasive impacts of law on business. The emphasis will be on the practical application of knowledge. It is intended to create an awareness of areas where legal expertise may need to be sought. 


Delivery

CAP1 has seven different timetables running in the Belfast, Cork, Galway and Dublin centres; 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 parts, and allows students to track their progress throughout the academic year. A link to the Learning Journal can be found below.


Examinations and E-Assessment

CAP1 comprises four full papers (Finance, Management Accounting, Financial Accounting and Taxation) and 1 half paper. In order to pass each full paper the students must get 50/100; as Law is considered a half subject, students must score 25/50 in Law. There are also two interim assessments - one for Financial Accounting and one for Management Accounting.


Key dates for 1920: CAP1

Dates What's happening
01 Nov 2019 Closing date for receipt of training contracts
01 Nov 2019 - 7 March 2020 CAP1 DEBK interim assessment window
 01 Nov 2019 - 7 March 2020 CAP1 Law Exam window
21 Mar 2020 CAP1 mock exams (Finance & Management Accounting)
04 Apr 2020 CAP1 Management Accounting interim assessment
18 Apr 2020 CAP1 mock exams continued (Financial Accounting, & Taxation)
 1 July - 31 July 2020  DEBK and Law second window (including resits)
 3 July - 12 July 2020  Exam Enrolment window (includes external exam enrolments)
31 Aug - 04 September 2020 CAP1 Summer 2019/20 exams
TBC Publication of CAP1 summer 2019/20 exam results

Booklist for 1920: CAP1

Textbooks are provided to students enrolled on the full programme of study for the respective subjects/courses. Students repeating exams may wish to get an updated book and these can be purchased from the Chartered Accountants Ireland online bookstore.

 The book distribution process started on the 18th of September 2019 and finished on 30th January 2020.

  • If you are in a training contract in a small to medium size firm your books will be delivered directly to your firm.
  • If you are not in a training contract our distributor will contact you once your enrolment is complete and ask you for your preferred delivery address. 
  • If you are in the following big accounting firms in Dublin you are required to collect your books from CA House: KPMG, EY, PWC, Deloitte, Mazars and Grant Thornton. The collection dates are listed here and you will be invited to collect once your enrolment is complete


Student book queries should be emailed 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

I SB N

Author

CAP1

CAP1 FIN

Finance: Theory and Practice 3ed

978-1-908199-48-5

Ann Marie Ward

CAP1

CAP1 MA

Managerial Accounting 3ed

978-1-910374-67-2

Clarke

CAP1

CAP1 FA

Introduction to Financial Accounting 2nd ed NEW

978-1-912350-28-5

Margaret D'arcy

CAP1

CAP1 FA

Double-entry Bookkeeping Toolkit 2019 NEW

978-1-912350-31-5

CAI

CAP1

CAP1 Law (ROI)

Introduction to Business Law (ROI)

978-1-910374-33-7

Vaenni McDonnell

CAP1

CAP1 Law (ROI)

CAP1 Law Toolkit (ROI) NEW

1920-01

CAI

CAP1

CAP1 Law (NI)

Introduction to Business Law (Northern Ireland) 2ed

978-1-910374-70-2

Sturgeon

CAP1

CAP1 Law (NI)

CAP1 Law Toolkit (NI) NEW

1920-02

CAI

CAP1

CAP1 TAX (NI)

CAP1 Taxation (NI) 2019-20 NEW

978-1-912350-25-4

CAI

CAP1

CAP1 TAX (ROI)

CAP1 Taxation (ROI) 2019-20 NEW

978-1-912350-24-7

CAI

 


CA House

We are experiencing a delay in book distribution and thank you for your patience. If you are in a training contract in a small to medium size firm your books will be delivered directly to your firm. If you are not in a training contract our distributor will contact you once your enrolment is complete and ask you for your preferred delivery address.

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

Was this article helpful?