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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.

 

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:

 

  1. Develop Business Strategy

  2. Formulate Business Decisions

  3. Implement Business Solutions

  4. Raising Finance

  5. Corporate Governance

  6. Risk Management

  7. Regulatory Compliance

  8. Business Ethics and Professional Negligence

  9. Team Management and Leadership

 

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. 

 

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 provides formal verification that students who have completed the professional programme of the new QP can demonstrate a required competent level of performance.  Capstone will be held twice a year in June and December, starting from June 2021.

 

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.

 

Capstone Assessment

 

Completion of the Capstone level 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.

 

Capstone Syllabuses

 

For each module, there is a hierarchy of learning outcomes. Each syllabus topic area contains high-level learning outcome supported by detailed learning outcomes. There is progression in the level of learning outcomes required as students move through the professional program.

 

 

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
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