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

There are five subjects covered on the CAP1 syllabus:
Finance, Financial Accounting, Management Accounting, Tax (ROI/NI) and Law (ROI/NI).

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.

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

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

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.

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

Have a query?

If you have a query, please refer to our Support & Services page and contact the relevant department with your query.