Since 2001 the "Qualification Programme" (QP) has been the direct route to become a member of the institution. In September 2010, QP was enhanced to accommodate recent changes and developments in the accounting industry and practice.
To become a registered student of the QP, there are three routes available:
- Holder of a recognised accountancy degree
- Non-accountancy degree holder who has undergone a Conversion Programme
- Sub-degree holder - a HKIAAT who has undergone a Foundation Programme or Professional Bridging Exam
QP Students will have to complete four modules, plus a six-hour Final Examination (consisting of two 3-hour papers). They will also have to meet the Practical Experience Requirements set by the Institute.
The four modules are:
- Module A - Financial Reporting
- Module B - Corporate Financing (former name, Financial Management)
- Module C - Business Assurance (former name, Auditing and Information Management)
- Module D - Taxation
Each module consists of:
- 15 weeks learning self-study material provided by the Institute,
- two full-day interactive workshops, and
- a three-hour open book examination.
The comprehensive Final Examination will consist of material taken from all four modules.
QP confers exemption from the Hong Kong practising certificate examinations, which are necessary for registration as an auditor.
Read more about this topic: Hong Kong Institute Of Certified Public Accountants
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