Associate Level
The Associate Level comprises ten modules. It aims to provide students with a foundation of core technical knowledge and application skills for routine professional problems in the areas of accountancy, finance, management accounting, law and auditing to enable their progression to the Professional Level. The ten modules are, namely:
Module Exemptions
Subject to the academic qualification(s) possessed by the applicant, a maximum of 10 modules at the Associate Level can be granted. For details, please click here.
Module Examinations
The examination format for the Associate Modules are as follows:
|
Module |
Examination Duration |
Question Type |
Open or closed book |
|
|
1 |
Accounting |
1 hour and 45 minutes |
100% Multiple Choice Questions ("MCQs") |
Closed-book |
|
2 |
Management Accounting |
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3 |
Business Economics |
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4 |
Business Management |
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5 |
Information Management |
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6 |
Financial Accounting |
2 hours and 30 minutes
|
100% Objective Type Questions ("OTQs") |
Closed-book |
|
7 |
Financial Management |
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|
8 |
Principles of Auditing |
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|
9 |
Principles of Taxation |
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10 |
Business and Company Law |
3 hours |
100% written questions |
Open-book |
For Module 1 to 9: Please click here for FAQs on M1-5, FAQs on M6-9, sample questions M1-5, sample questions M6-9, CBE Practice Platform and tips for answering MCQs & OTQs.
Associate Modules 1 to 10 will be offered twice a year commencing from June 2027 session. Please refer to the timetable for relevant offering of examinations.
Completion of Associate Level
Upon successful completion of the Associate Level by exemption or examination, or a combination of both, students are entitled to the exit qualification of "HKICPA Associate Qualification". In addition, students are now able to advance to the Professional Level of QP.
Modules 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.
The module syllabus will be subject to a frequent review on an annual basis in order to keep pace with the latest changes in technology and business.
