Hello Colleague,

Timothy Here,

Yesterday, there were posts regarding the release of the new syllabus and tax being moved to skills. Furthermore, on Tax, students will no longer be exempted from it. That is, if you have a degree/HND in Accounting from an ICAN recognized institution, you will no longer be exempted from tax.

Whether the above about Tax is true or not, we will know on the 25th September when the syllabus will be launched. However, if you are among those who are preparing for the November diet, I am sure that you are still contemplating on which paper to write next because of the limited time this diet has.

As you know that your current job will not give you the chance to study effectively and efficiently. But that is not all; family engagement is among the factors too.

Hence, you will need a paper combination to write and pass once without going through any stress of exam failure. I always recommend them and it has worked wonders. As a result, I have decided to share this vital information with you.

All category of exams fall into:

1.Calculations
2.Theory

In studying for both Calculations and Theoretical, generally split your studying concentration percentage to 60%-40% (in favour of the calculations paper) but no more than this. The key to the Theoretical papers is generally past paper/question technique -

So, to get the best, go through the following:

-Write Financial Reporting (FR), CSME, before Audit and Assurance (or together)

-Write CSME before Audit and Assurance (or together)

-Write FR, CSME and Public Sector Accounting and Finance

-Write CSME as soon as possible after Audit and Assurance.

There is a lot of common ground regarding internal audit and corporate governance which will help you.

Furthermore, you can also do Performance Management with either Public Sector Accounting and Finance or Performance Management alone.

Furthermore, SFM and Corporate Reporting have very large syllabi - They also involve a lot of in-depth understanding. So, be aware when choosing these with other papers

Write Advanced Audit and Assurance (AAA), Case Study, Corporate Reporting (CR) together

This is really, really helpful as the basic principles of CR standards (not calculations though) are all vital in AAA.

SFM can either be written alone or with Advanced Taxation together or with AAA. Although they are not directly related, your chance of passing the is very high when compared to SFM and CR

The Examiner's expectations are a far greater range of points and thus knowledge than any of the other papers - so its a proper combination of lots of knowledge work and application skills

Whatever you choose I hope this has helped your decision a little - they're not meant to be rules, rather just things for you to consider when choosing.

If you don’t mind you can also tell me what you think so that we can all benefit from one another.

December 8th, 2020 is already getting closer, start devouring your PGOLD Simplified and Comprehensive Video Lectures now because EARLY PREPARATION is key to your Exam success.

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Dedicated to Your ICAN Exam Success.
Tim Jibodu FCA,

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