Escolar Documentos
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Cultura Documentos
Relational diagram of the main capabilities ACCA has two official publishers: BPP
Learning Media and Kaplan Publishing.
This diagram illustrates the flows and links between Both these publishers base their
the main capabilities (sections) of the syllabus and study texts on the detailed contents of the study
should be used as an aid to planning teaching and guides as published by ACCA. ACCA takes no
learning in a structured way. editorial responsibility for the detailed content of
these study texts although ACCA examiners will
annually review their content for general
appropriateness and relevance in supporting
effective study towards ACCA examinations.
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In addition ACCA examiners will recommend other Each syllabus contains between 23 and 35 main
text books where appropriate, which students may subject area headings depending on the nature of
read in order to widen their reading beyond the the subject and how these areas have been broken
approved study texts. Relevant articles will also be down.
published in student accountant.
GUIDE TO EXAM STRUCTURE
INTELLECTUAL LEVELS
The structure of examinations varies within and
The syllabus is designed to progressively broaden between modules and levels.
and deepen the knowledge, skills and professional
values demonstrated by the student on their way The Fundamentals level examinations contain
through the qualification. 100% compulsory questions to encourage
candidates to study across the breadth of each
The specific capabilities within the detailed syllabus.
syllabuses and study guides are assessed at one of
three intellectual or cognitive levels: The Knowledge module is assessed by equivalent
two-hour paper based and computer based
Level 1: Knowledge and comprehension examinations.
Level 2: Application and analysis
Level 3: Synthesis and evaluation The Skills module examinations are all paper based
three-hour papers. The structure of papers varies
Very broadly, these intellectual levels relate to the from ten questions in the Corporate and Business
three cognitive levels at which the Knowledge Law (F4) paper to four 25 mark questions in
module, the Skills module and the Professional level Performance Management (F5) and Financial
are assessed. Management (F9). Individual questions within all
Skills module papers will attract between 10 and
Each subject area in the detailed study guide 30 marks.
included in this document is given a 1, 2, or
3 superscript, denoting intellectual level, marked at The Professional level papers are all three-hour
the end of each relevant line. This gives an paper based examinations, all containing two
indication of the intellectual depth at which an area sections. Section A is compulsory, but there will be
could be assessed within the examination. However, some choice offered in Section B.
while level 1 broadly equates with the Knowledge
module, level 2 equates to the Skills module and For all three hour examination papers, ACCA has
level 3 to the Professional level, some lower level introduced 15 minutes reading and planning time.
skills can continue to be assessed as the student
progresses through each module and level. This This additional time is allowed at the beginning of
reflects that at each stage of study there will be a each three-hour examination to allow candidates to
requirement to broaden, as well as deepen read the questions and to begin planning their
capabilities. It is also possible that occasionally answers before they start writing in their answer
some higher level capabilities may be assessed at books. This time should be used to ensure that all
lower levels. the information and exam requirements are properly
read and understood.
LEARNING HOURS
During reading and planning time candidates may
The ACCA qualification does not prescribe or only annotate their question paper. They may not
recommend any particular number of learning hours write anything in their answer booklets until told to
for examinations because study and learning do so by the invigilator.
patterns and styles vary greatly between people and
organisations. This also recognises the wide
diversity of personal, professional and educational
circumstances in which ACCA students find
themselves.
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The Essentials module papers all have a Section A
containing a major case study question with all
requirements totalling 50 marks relating to this
case. Section B gives students a choice of two from
three 25 mark questions.
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Syllabus explain the roles of international
organisations in the promotion and regulation
of international trade, and the role of
CR (P2) international arbitration as an alternative to
court adjudication
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RATIONALE B International business transactions
Corporate and Business Law Global is divided into 1. Introduction to the United Nations Convention
eight areas. The syllabus starts with an introduction on Contract for the International Sale of Goods
to different legal systems, different types of law and and ICC Incoterms
those organisations which endeavour to promote
internationally applicable laws. It also introduces 2. Formation of contract
arbitration as an alternative to court adjudication. It
then leads into an examination of the substantive 3. Obligations of the seller
law as stated in United Nations Convention on
Contracts for the International Sale of Goods, which 4. Obligations of the buyer
relates to the formation, content and discharge of
international contracts for the sale of goods. 5. Provisions common to both the seller and the
buyer, the passage of risk
The syllabus then covers a range of specific legal
areas relating to various aspects of international 6. Transportation documents
business of most concern to finance professionals.
These are the law relating to the financing of 7. Means of payment
international transactions, and the various legal
forms through which international business C International business forms
transactions may be conducted. Particular attention
is focused on the law relating to companies. Aspects 1. Agency
examined include the formation and constitution of
companies, the financing of companies and types of 2. Partnerships
capital, and the day to day management, the
administration and regulation of companies and D The formation and constitution of joint stock
legal aspects of companies facing difficulty or in companies
crisis.
1. Corporations and legal personality
The final section links back to all the previous areas.
This section deals with corporate governance, ethics 2. The formation of the company
and ethical behaviour relating to business including
the criminal law. 3. The constitution of the company
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G Legal implications relating to companies in
difficulty or in crisis
1. Insolvency
2. Alternatives to winding up
1. Corporate governance
2. Fraudulent behaviour
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Study Guide B INTERNATIONAL BUSINESS
TRANSACTIONS
a) Explain the inter-relationship of Economic and a) Explain the sphere of application and general
Political and Legal systems.[2] provisions of the convention.[1]
b) Explain the doctrine of the separation of b) Explain the meaning and effect of the ICC
powers and its impact on the legal system.[2] Incoterms.[1]
a) Differentiate between different types and a) Explain and be able to apply the rules for
different systems of law.[1] creating contractual relations under the
convention.[2]
b) Explain the distinction between criminal and
civil law.[1] 3. Obligations of the seller
c) Outline the operation of the following legal a) Explain and be able to apply the rules relating
systems:[1] to the obligations of the seller under the
i) Common law convention:[2]
ii) Civil Law i) delivery of goods and handing over
iii) Sharia law. documents
ii) conformity of the goods and third party
3. International trade, international legal claims
regulation and conflict of laws iii) remedies for breach of contract by the
seller.
a) Explain the distinction between public
international law and private international 4. Obligations of the buyer
law.[1]
a) Explain and be able to apply the rules relating
b) Explain the need for international legal to the obligations of the buyer under the
regulation in the context of conflict of laws.[2] convention:[2]
i) payment of the price
c) Explain the function of international treaties, ii) taking delivery
conventions and model codes.[2] iii) remedies for breach of contract by the
buyer.
d) Explain the roles of international organisations,
UN. ICC, WTO, COE, WTO, OECD, UNIDROIT, 5. Provisions common to both the seller and the
etc and courts in the promotion and regulation buyer, the passage of risk
of international trade.[1]
a) Explain and be able to apply the rules relating
4 Alternative Dispute Resolution mechanisms to the provisions common to both the seller
and the buyer under the convention:[2]
a) Explain the operation, and evaluate the distinct i) anticipatory breach and instalment
merits, of court-based adjudication and contracts
Alternative Dispute Resolution mechanisms.[2] ii) damages
iii) interest
b) Explain and apply the provisions of the iv) exemptions
UNCITRAL Model Law on International v) effects of avoidance
Commercial Arbitration.[2]
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vi) preservation of the goods. d) Analyse the liability of various partners for
partnership debts.[2]
b) Explain and be able to apply the rules relating
to the passing of risk under the convention.[2] e) Explain the way in which partnerships can be
brought to an end.[2]
6. Transportation documents
D THE FORMATION AND CONSTITUTION OF
a) Define and explain the operation of bills of JOINT STOCK COMPANIES
lading.[1]
1. Corporations and legal personality
7. Means of payment
a) Distinguish between sole traders, partnerships
a) Explain the operation of: [1] and companies.[2]
i) Bank transfers
ii) Bills of exchange b) Explain the meaning and effect of limited
iii) Letters of credit liability.[2]
iv) Letters of comfort.
c) Analyse different types of companies,
b) Explain and be able to apply the rules of especially private and public companies.[2]
UNCITRAL model law on International Credit
Transfer.[2] d) Illustrate the effect of separate personality.[2]
c) Explain and be able to apply the rules of e) Recognise instances where separate
United Nations Convention on International personality will be ignored.[2]
Bills Of Exchange And International Promissory
Notes.[2] 2. The formation of the company
c) Define the authority of the agent.[2] a) Explain the content and effect of the
memorandum of association.[2]
d) Explain the potential liability of both principal
and agent.[2] b) Describe the contents of Table A articles of
association.[1]
2. Partnerships
c) Analyse the effect of a company’s
a) Demonstrate a knowledge of the legislation constitutional documents.[2]
governing the partnership, both unlimited and
limited.[1] d) Explain how articles of association can be
changed.[2]
b) Discuss how partnerships are established.[2]
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E CAPITAL AND THE FINANCING OF c) Distinguish between the powers of the board of
COMPANIES directors, the managing director and individual
directors to bind their company.[2]
1. Share capital
d) Explain the duties that directors owe to their
a) Examine the different meanings of capital.[2] companies.[2]
3. Capital maintenance and dividend law b) Explain the procedure for calling such
meetings.[2]
a) Explain the doctrine of capital maintenance
and capital reduction.[2] c) Detail the procedure for conducting company
meetings.[1]
b) Examine the effect of issuing shares at either a
discount, or at a premium.[2] d) Distinguish between types of resolutions:
ordinary, extra-ordinary, special, elective and
c) Explain the rules governing the distribution of written.[2]
dividends in both private and public
companies.[2] G LEGAL IMPLICATIONS RELATING TO
COMPANIES IN DIFFICULTY OR IN CRISIS
F MANAGEMENT, ADMINISTRATION AND
REGULATION OF COMPANIES 1 Insolvency
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2. Alternatives to winding up READING LIST
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