Certified Accounting Professional (CAP)

The Certified Accounting Professional (CAP) program is a prestigious certification meticulously designed to equip individuals with advanced knowledge and expertise essential for success in the field of accounting. Accounting plays a crucial role in financial decision-making, reporting, and compliance for organizations of all sizes. The CAP program offers a comprehensive curriculum that covers accounting principles, financial reporting, taxation, audit and assurance, and ethics, ensuring that graduates are well-prepared to excel in roles that demand precision and proficiency in accounting practices.

Certification Objectives:

Upon completing the Certified Accounting Professional (CAP) program, participants will be able to:

  • Master Accounting Fundamentals: Develop a deep understanding of foundational accounting principles, concepts, and the role of accounting in business.
  • Prepare Accurate Financial Statements: Proficiently prepare financial statements in compliance with accounting standards and regulations.
  • Navigate Taxation: Understand taxation principles, tax planning strategies, and compliance requirements.
  • Conduct Audit and Assurance: Execute audit procedures, assess risks, and ensure the integrity of financial information.
  • Uphold Ethical Standards: Embrace ethical values and professional conduct in accounting practices.
  • Stay Current with Accounting Standards: Stay updated on evolving accounting standards and industry best practices.

Certification Requirements:

  • Bachelor’s Degree
  • 5 years of relevant work experience

Certifying Examination:

  • To be certified as CAP, student should take up a 1.5 hours online exam conducted by AIBM.
  • The qualifying exam would consist of 50 multiple choice questions, testing core certification modules.
  • Professionals with relevant experience and other qualifying criteria may be exempted from the examination.

Certification Modules:

  1. Accounting Fundamentals
  2. Financial Reporting and Analysis
  3. Taxation Principles and Practices
  4. Audit and Assurance

* The modules of the certification are constantly updated and are subject to change.

Who Should Do This Certification:

The Certified Accounting Professional (CAP) certification is highly beneficial for professionals across various roles and industries, including:

  • Accountants: Those already in the accounting profession, seeking to enhance their knowledge and skills for career advancement.
  • Finance and Business Professionals: Individuals interested in gaining expertise in accounting principles for financial decision-making.
  • Aspiring Accountants: Students and entry-level professionals looking to enter the field of accounting and acquire foundational knowledge.
  • Small Business Owners: Entrepreneurs and business owners interested in managing their company’s financial records effectively.
  • Compliance Officers: Those responsible for ensuring that accounting practices adhere to industry regulations and ethical standards.

Embark on the journey of achieving the CAP certification to refine your accounting skills, provide accurate financial information, and contribute to the financial health and regulatory compliance of organizations in today’s business landscape.