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The Hong Kong Institute of Certified Public Accountants announced that from Wednesday 15 July 2020 until further notice, the closure of the library facilities and the adjustment of the services hours of the counter on the 27th floor from 11:00 a.m. to 3:00 p.m. from Monday to Friday, whilst counter services hours on Saturday remains unchanged (from 9:00 a.m. to 12:00 noon).


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Capstone

The Capstone aims to further develop students' ability to integrate and apply prior knowledge and skills acquired from the Associate Level and the Professional Level (such as financial reporting, business finance, auditing and taxation, etc) and from practical experience.  It will also further develop the enabling competences.  The focus is on the ability to deal competently with professional type situations, involving the integration and application of knowledge and skills from any part of the syllabus, across all fields of technical and enabling competence.

 

The Capstone is integrated and comprised of three full-day, face-to-face workshops supplemented with interactive online materials and the Final Examination.  Full attendance of the Capstone workshops is a pre-requisite for sitting the Final Examination.   Completion of the Capstone requires meeting the overall assessment of the three full-day workshops and the Final Examination.  Students who fail to achieve the overall assessment will be required to retake the Capstone.

 

 

The Capstone workshops will be case-based and will require students to think laterally to identify complex problems and develop multifaceted solutions.  There will also be added emphasis on the practice of ethics to enhance the higher-order skill training of the students.

 

The Capstone workshops will include simulations, case studies and assessment tasks.  Students are required to demonstrate their achievement of the prescribed learning outcomes and meet the assessment criteria of the workshops.  The workshops are usually conducted during Saturdays and Sundays.

 

Final Examination

 

The final examination will be a four-hour and open-book examination.  Students are expected to integrate technical knowledge and professional skills across all areas of accounting and related fields in the analysis and solution of complex professional problems.

 

Two exam sittings are held each year in June session and December session, starting from June 2021.

 

Examination Rules

 

Students who have not completed the Capstone within 10 years from the date of first registration as a QP student will be removed from the student register.  All previous examination pass results will be permanently removed.  For the module exemptions previously granted, they can only be retained provided that the students register again as a QP student within two years from the date of removal.

 

Capstone Syllabuses

 

In addition to all the core knowledge and skills acquired from previous modules of the professional programme, the Capstone also includes, but are not limited to, the following key competence areas.  

 

Syllabus area Weight (%)
Develop business strategy 10-20
Formulate business decisions  10-20
Implement business solutions 5-15
Raising finance 5-15 
Corporate governance 10-20
Risk management 10-20
Regulatory compliance 5-15
Business ethics and professional negligence 10-20
Team management and leadership 10-15

 

 For detailed syllabus and proficiency level of the learning outcomes, please click here.

 

Examination Pilot Paper will be available in due course.

 

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