Exam Blue Prints

Embed Size (px)

Citation preview

  • 8/10/2019 Exam Blue Prints

    1/14

  • 8/10/2019 Exam Blue Prints

    2/14

    CGA-Canada PA1 Examination Blueprint

    2012/2013

    CGA-Canada, 2012 1

    Table of Contents

    About the Examination Blueprint ......................................................................................................................... 2

    PA1 Examination ................................................................................................................................................... 2

    PA1 Course ........................................................................................................................................................ 2

    Prerequisite Courses for the PA1 Examination .................................................................................................. 3

    Competency Weightings ....................................................................................................................................... 3

    Structure of the Examination ................................................................................................................................ 5

    Examination Competency Coverage ..................................................................................................................... 6

    Scoring Model and Evaluation of Candidate Performance ................................................................................... 6

  • 8/10/2019 Exam Blue Prints

    3/14

    CGA-Canada PA1 Examination Blueprint

    2012/2013

    CGA-Canada, 2012 2

    PA1: Issues in Professional Practice

    Examination Blueprint

    About the Examination Blueprint

    The PA1:Issues in Professional Practiceexamination has been constructed using an examination blueprint

    a widely accepted tool used within professions to design certification examinations. CGA blueprints specify

    the range of coverage for each examinable competency area, question type (for example, multiple-choice or

    constructed response case analysis), number of questions, time limit, scoring model, and method used to

    evaluate candidate performance. Candidates are encouraged to use this blueprint to prepare for the PA1

    examination.

    PA1 Examination

    The PA1 examination is comprehensive and integrative. Its purpose is to evaluate the ability of a candidatefor the CGA designation to demonstrate the competencies required for entry to the profession. The focus of

    the PA1 examination is on professional practice from the perspective of an accountant externalto the

    organization providing assurance, taxation, or business advisory services. The examination provides a valid,

    reliable, and fair opportunity for each candidate to demonstrate the competencies expected of a newly-

    certified CGA in three broad areas of contemporary accounting practice: Leadership1, Professionalism, and

    Professional Knowledge. It assesses a candidates ability to integrate a wide range of professional knowledge

    and apply that knowledge, along with ethical considerations, to the practice of accounting and related fields

    of management activity. Central to this evaluation is the ability to demonstrate competence in areas such as

    leadership, decision making, integrative approach to problem solving, and communicating. The examination

    evaluates the candidates ability to fulfill the responsibilities of a financial management professional at all

    times in a manner that reflects these professional qualities and skills.

    Passing the PA1 examination is part of the education, experience, and examination requirements for

    certification.

    PA1 Course

    The PA1 course is intended, primarily, to help candidates prepare for the PA1 examination. In addition, the

    course aims to further develop candidates professional qualities and skills. The course includes a series of

    assignments that emulate questions and cases typical of those found on the PA1 examination. The

    assignments provide opportunities to practise analyzing and responding to cases. As one of the main

    purposes of the course is to build candidatesskills in analyzing cases and demonstrating competence, for the

    course assignments, the competencies are organized into six groups: Financial Accounting and Reporting,

    Assurance and Other Related Services, Taxation, Ethics and Trust, Core-related competencies, and

    Professional qualities and skills. On the assignments, candidates are assessed on individual competencies,

    which are aggregated by group in order to guide candidatesstudy and preparation efforts. This evaluation

    method is used to qualify candidates for writing the PA1 examination and is slightly different than the

    evaluation method used in the PA1 examination. The Introduction to PA1course module contains more

    information on how to best use the PA1 course to prepare for the PA1 examination.

    1Leadership, Professionalism, and Professional Knowledge represent the three broad groups o f competencies outlined in the CGA competency framework.

  • 8/10/2019 Exam Blue Prints

    4/14

    CGA-Canada PA1 Examination Blueprint

    2012/2013

    CGA-Canada, 2012 3

    Prerequisite Courses for the PA1 Examination

    The examination has the following course prerequisites:Accounting Theory & Contemporary Issues (AT1),

    External Auditing(AU1),Corporate Finance Fundamentals (FN1),Financial Accounting: Advanced

    Consolidations & Advanced Issues (FA4),Advanced Management Accounting(MA2), and Personal and

    Corporate Taxation (TX1). Integration and application of the technical knowledge assessed in these courses

    will be examined in the PA1 examination. The PA1 examination also requires that candidates be current with

    professional material such as applicable accounting standards, the Canadian Income Tax Act with

    Regulations, and the CGA-Canada Code of Ethical Principles and Rules of Conduct.

    Competency Weightings

    For assessment purposes, the PA1 examinable competencies are organized into three categories:

    core competencies;

    core-related competencies; and

    professional qualities and skills.

    Core and core-related competencies comprise all of the Professional Knowledge competencies, as well ascompetencies in Ethics and Trust. Core competenciesare from the areas of Financial Accounting and

    Reporting; Assurance and other related services; Taxation; and Ethics and Trust. Core-related competencies

    are drawn from Management Accounting; Finance and Financial Planning; Business Environment; and

    Information Technology.

    Professional qualities and skills comprise Leadership (Strategic and Organizational Leadership; Organizational

    Effectiveness; Individual and Team Leadership and Development) and Professionalism (Stakeholder Focus;

    Communication; Integrative Approach; Problem Solving; Professional Self-evaluation).

    Table 1 shows the competency area percentage weightings for the PA1 examination. For professional

    qualities and skills, there is no set percentage weighting; candidates are required to demonstrate these

    qualities and skills in a manner applicable to their role in specific cases. For core and core-relatedcompetencies, the weightings represent the approximate percentage of competencies associated with each

    area on an examination. The ranges are designed to provide flexibility in building the examination; they

    reflect the relative importance of these competency areas to the work of a professional accountant in the

    context of providing assurance, taxation, and business advisory services. Table 1 also includes a sample of

    competencies associated with each competency area.

    Table 1: PA1 Blueprint Weightings

    Competency Area Sample CompetenciesPercentage

    Weighting

    Professional

    qualitiesandskills Leadership;

    Stakeholder focus;

    Communication;

    Integrative approach;

    Problem solving;

    Professional self-

    evaluation

    Preparing information in formats appropriate for

    specific purposes; communicating in a clear and

    concise manner; managing the expectations of

    clients and stakeholders; applying an integrative

    approach to problem solving; committing to

    continuous self improvement; and advising on issues

    of corporate governance.

    All cases require

    candidates to

    demonstrate

    professional

    qualities and skills

  • 8/10/2019 Exam Blue Prints

    5/14

  • 8/10/2019 Exam Blue Prints

    6/14

    CGA-Canada PA1 Examination Blueprint

    2012/2013

    CGA-Canada, 2012 5

    Structure of the Examination

    The PA1 examination consists of multiple-choice questions and constructed response questions (two short

    case analyses and a comprehensive case analysis), as described in Table 2. Twenty of the multiple-choice

    questions are operational; that is, candidates responses are scored and contribute to their overall

    performance evaluation. Up to five additional questions are pre-test questions; that is, they are included for

    pre-test purposes only. Accordingly, while candidates responses are scored on these pre-test questions, their

    scores on these questions do notcontribute to a candidates overall performance.

    Cases are developed to reflect realistic and typical scenarios faced by newly-certified accountants providing

    assurance, taxation, or business advisory services. Cases may contain exhibits that represent the types of

    information that a candidate would realistically be presented with in the given situation. These exhibits may

    take the form of financial statements; notes to the statements; notes from a meeting with the client,

    colleague, or a third party; or other source documents.

    For both types of cases, candidates are expected to clearly demonstrate their ability to integrate and apply

    professional knowledge to the specific facts of the case and to demonstrate the professional qualities and

    skills required to produce a recommendation. The short case analyses are more focused and assess fewer

    competencies than the comprehensive case analysis.

    Table 2: PA1 Examination Structure

    Item Type Description

    Approximate

    Number of

    items

    Suggested

    time limit

    Multiple choice

    Multiple-choice questions require candidates to

    select from a set of given options. The questions

    require professional knowledge and may require

    analysis, synthesis, evaluation, or application of

    professional judgment.

    20254045

    minutes

    Short case analysis

    A short case analysis requires candidates to focus

    on and respond to analytical and integrative

    aspects of the case. Candidates are expected to

    perform an analysis of the factors in the case,

    including identifying and evaluating issues,

    outlining alternative actions and solutions, and

    presenting recommendations, advice, or

    conclusions.

    2

    4555

    minutes

    per case

    Comprehensive caseanalysis

    The comprehensive case analysis requires

    candidates to perform an in-depth analysis of the

    factors in the case, including identifying and

    evaluating issues, outlining alternative actionsand solutions, and presenting recommendations,

    advice, or conclusions. The comprehensive case

    is usually of significant breadth, depth, and

    complexity.

    1 90110minutes

  • 8/10/2019 Exam Blue Prints

    7/14

    CGA-Canada PA1 Examination Blueprint

    2012/2013

    CGA-Canada, 2012 6

    Examination Competency Coverage

    The CGA competency framework outlines 130 specific competencies that are considered by the CGA

    Association to be essential qualifications of a newly-certified professional accountant. A competency is a

    specific behaviour whereby a professional applies knowledge, skills, and/or professional values. The CGA

    competencies were validated by a practice analysis survey of CGAs. They cover 17 subject areas: financial

    accounting and reporting; management accounting; assurance and other related services; finance and

    financial planning; business environment; information technology; taxation; strategic and organizational

    leadership; organizational effectiveness; individual and team leadership and development; ethics and trust;

    stakeholder focus; communication; integrative approach; problem solving; professional development; and

    professional self-evaluation. The framework also outlines the required proficiency level for each competency

    (Level A: Mastery; Level B: Comprehension; and Level C: Awareness).

    The PA1 examination is designed to assess a critical sample of the competencies found in the CGA

    competency framework. All of the examinable competencies, along with their required proficiency levels, are

    listed in Table 3.

    Scoring Model and Evaluation of Candidate Performance

    A decision about a candidates Pass or Fail status is based on the evaluation of the candidates performance

    across all competencies within the examination. A standard setting process is used to determine a single

    passing point for the examination.

    Each multiple-choice question assesses only one core or core-related competency; performance on these

    competencies is assessed as either competent (correct response selected) or not competent (incorrect

    response selected). Each case analysis question assesses multiple competencies within the areas of core and

    core-related competencies. Candidate performance on core and core-related competencies is assessed using

    performance level ratings ranging from 0(the candidates responsefails to addressthe competency) to 4

    (the candidates response exceeds the level expected of a newly-certified accountant). Each case also

    assesses professional qualities and skills. For each professional quality and skill assessed in a case, candidates

    are evaluated on whether or not they demonstrated the professional quality or skill in a manner that meets

    the level expected of a newly-certified accountant.

    A candidates overall examination performance is primarily basedon performance on core and core-related

    competencies, with consideration given to performance on professional qualities and skills.

    Table 3: Examinable Competencies for the PA1 Examination2

    PROFESSIONAL QUALITIES & SKILLS

    Proficiency LevelA=Mastery

    B=Comprehension

    C=Awareness

    Stakeholder Focus

    PR:SF:01 Anticipates and meets the needs and expectations of internal and external

    stakeholders (develops a sound understanding of the organization and its

    business environment, determines what information is needed by various

    stakeholders, seeks feedback from various stakeholders, provides relevant

    and timely information for decision making)

    A

    2There is overlap in the competencies to be demonstrated on both the PA1 and PA2 examinations, as is the case in practice.

  • 8/10/2019 Exam Blue Prints

    8/14

    CGA-Canada PA1 Examination Blueprint

    2012/2013

    CGA-Canada, 2012 7

    Communication

    PR:CM:01 Selects an appropriate medium to convey information, ideas, and results

    considering the need for confidentiality and privacyA

    PR:CM:02 Prepares information in formats appropriate for specific purposes (audit

    reports, memos, management letters, consulting reports, financial

    reports)

    A

    PR:CM:03 Communicates information in a timely, clear, and concise manner

    (explains quantitative and qualitative information in language adapted to

    various stakeholders)

    A

    PR:CM:04 Projects a professional image in communications A

    Integrative Approach

    PR:IA:01 Aggregates information from a variety of sources and perspectives to

    assess the impact of issues on the organization (obtains multiple opinions

    when evaluating contentious issues and reconciles these various opinions)

    A

    PR:IA:02 Evaluates the interrelationship of an issue on different functions of the

    organization and applies concepts and approaches within and across

    functional areas to develop integrative solutions (coordinates the relevant

    accounting, assurance, finance, information technology, and taxation

    implications of events and transactions)

    A

    PR:IA:03 Evaluates implications and assesses the appropriateness of solutions

    beyond the immediate or short term (considers potential impact of

    decisions on other systems and processes, such as internal controls,

    impact on other departments, or other functional areas)

    A

    Problem Solving

    PR:PS:01 Defines the scope of the problem A

    PR:PS:02 Collects, selects, verifies, and evaluates information relevant to the

    problem

    A

    PR:PS:03 Integrates and analyzes data for patterns, relationships, and trends A

    PR:PS:04 Generates and evaluates alternative solutions A

    PR:PS:05 Creates final recommendations, including an action plan A

    Professional Self-evaluation

    PR:SE:01 Acts within the scope of professional competence (does not attempt to

    provide expert advice in areas of specialized knowledge outside own

    capabilities and qualifications)

    A

    PR:SE:02 Knows when and how to refer to other professionals and experts (seeks

    advice or refers clients in areas such as law, IT, financial instruments,

    international business development)

    A

    PR:SE:03 Applies professional skepticism (maintains an inquisitive mind that isvigilant for potential misstatements, considers where problems are likely

    to arise and monitors these areas)

    A

    Leadership: Strategic and Organizational Leadership

    LD:SO:02 Evaluates the organizations strengths, weaknesses, opportunities, and

    threats (reputation, process, finances, human resources, location, brand

    recognition, competition)

    A

  • 8/10/2019 Exam Blue Prints

    9/14

    CGA-Canada PA1 Examination Blueprint

    2012/2013

    CGA-Canada, 2012 8

    LD:SO:04 Evaluates and advises on the impact of specific changes in strengths,

    weaknesses, opportunities, and threats (credible reputation, high

    employee turnover, competitor going out of business, new competitor

    entering market)

    A

    LD:SO:06 Develops, implements, and updates the organizations operational plan in

    alignment with the strategic plan (business, financial, and IT plans; pricing

    and market share strategies; customer satisfaction; quality control;

    product innovation)

    B

    LD:SO:07 Communicates the requirements and expected performances of the

    organizations operational plan to all key stakeholders (key steps,

    milestones, resource requirements)

    A

    Leadership: Organizational Effectiveness

    LD:OE:01 Analyzes and evaluates results and information from business activities

    and processes against objectives and benchmarks, and advises on further

    action (conducts and reports on gap analysis)

    A

    LD:OE:02 Designs, evaluates, and reports on internal control systems to ensure

    organizational effectivenessA

    LD:OE:03 Advises on issues of corporate governance (audit committee

    independence, executive compensation, directors liability, board

    accountability)

    A

    LD:OE:04 Conducts business process reviews of existing systems, processes, and

    controls within the organization (identifies, recommends, and evaluates

    enhancements, including policy, program, and process changes to effect

    cost containment and/or productivity improvements)

    A

    Leadership: Individual and Team Leadership and Development

    LD:IT:04 Solicits and acts on input from individuals and teams in order to optimize

    individual and team effectiveness (fosters free exchange of ideas, reserves

    judgment, explains reasons for final decisions)

    A

    LD:IT:05 Evaluates performance of individuals and teams and provides timely and

    constructive feedbackA

    CORE COMPETENCIES

    Financial Accounting and Reporting

    PK:FA:01 Formulates, analyzes, and processes transactions in accordance with

    applicable professional standards (standards for not-for-profit, public and

    private corporations, and the public sector)

    A

    PK:FA:02 Evaluates, interprets, and advises on accounting policies and procedures in

    accordance with professional standards (standards for not-for-profit,public and private corporations, and the public sector)

    A

    PK:FA:03 Researches, evaluates, and advises on the appropriate accounting

    treatment for complex transactions (step-by-step acquisitions, fair value

    determinations, encumbrances, endowment trusts, financial instruments)

    A

  • 8/10/2019 Exam Blue Prints

    10/14

    CGA-Canada PA1 Examination Blueprint

    2012/2013

    CGA-Canada, 2012 9

    PK:FA:04 Implements and updates accounting policies and procedures in

    accordance with professional standards (appropriate accounting policies

    for amortization and inventory valuation, revenue recognition, and

    capitalization)

    A

    PK:FA:05 Interprets and advises on the organizations reporting obligations

    (determining appropriate basis of accounting, determining required

    reporting to shareholders and to government and regulatory agencies)

    A

    PK:FA:06 Ensures the preparation of timely, reliable, and relevant financial

    information (financial system design, quality control systems for financial

    reporting, internal controls)

    A

    PK:FA:07 Develops policies and procedures for documenting and maintaining

    supporting information for transactions and events (record retention

    policy, preservation of the audit trail)

    A

    PK:FA:08 Prepares financial statements and related disclosures appropriate for

    external users and in compliance with regulatory standards (interim

    financial statements, pro forma statements, environmental impact, long-

    range forecasts, management discussion and analysis [MD&A])

    A

    PK:FA:09 Develops, prepares, analyzes, and interprets relevant financial and non-

    financial performance measures (comparative financial results, trend/

    ratio/industry analysis, key performance indicators)

    A

    PK:FA:12 Evaluates and advises on financial accounting and related systems (cash

    management, accounts payable, accounts receivable, credit control,

    inventory)

    A

    Assurance and Other Related Services

    PK:AS:01 Evaluates and consults on the organizations internal and external

    reporting needs and related assurance requirements (level of assurance

    required, attestation versus direct reporting audit, review or compilation

    engagement, special report engagement)

    A

    PK:AS:02 Determines and advises on whether to accept an engagement consistentwith professional standards (evaluates potential clients, communicates

    with predecessor auditor, checks for conflict of interest)

    B

    PK:AS:03 Determines the scope of the engagement or management audit (contents

    of engagement letter, client expectation, limitations on scope, timing,

    sign-offs)

    B

    PK:AS:04 Evaluates risks and business issues (nature of organization, control

    environment) to determine their impact on the engagement or

    management audit (extent, materiality, nature, and timing of

    engagement)

    A

    PK:AS:05 Develops a plan for the engagement or management audit (staffing, use of

    specialists, time budget, technological tools, timing of the engagement,

    timing of the management audit)

    B

    PK:AS:06 Develops and/or modifies procedures for the engagement or management

    audit (prepares review or audit procedures, modifies audit procedures in

    the presence of fraud risk factors or known errors)

    A

    PK:AS:07 Executes the engagement or management audit in accordance with

    professional standards (understands the purpose of the selected

    procedures, completes audit procedures as intended)

    B

  • 8/10/2019 Exam Blue Prints

    11/14

    CGA-Canada PA1 Examination Blueprint

    2012/2013

    CGA-Canada, 2012 10

    PK:AS:08 Identifies, evaluates, and advises on internal control systems, and

    communicates weaknesses to the appropriate level of the organization

    (financial approval authority, credit control, segregation of duties,

    evaluation of fraud risk factors)

    A

    PK:AS:09 Advises on the design and implementation of new or enhanced internal

    controls (to strengthen systems and operational controls, to reduce

    exposure to business risks, to enhance operating effectiveness, to comply

    with rules and regulations)

    A

    PK:AS:10 Analyzes and documents the evidence and results of the engagement or

    management audit to develop conclusions (prepares working papers with

    sufficient detail and clarity to support the conclusion)

    B

    PK:AS:11 Develops and advises on a framework for detection of fraud (payroll fraud,

    billing fraud, computer fraud, forensic investigation procedures)A

    PK:AS:12 Summarizes conclusions and prepares a report, letter, or memo

    (appropriate review or auditors report, management letter, comfort

    letter, representation letter, memo to partner, exit interview, internal

    audit report)

    B

    Taxation

    PK:TX:01 Determines and advises on taxpayers regulatory requirements and

    exposure (filings, use of special elections, reporting requirements)A

    PK:TX:02 Determines and advises on taxpayers tax liability (taxes related to income,

    consumption, payroll, property)A

    PK:TX:03 Ensures compliance with all taxation reporting and filing requirements

    (timely filing of income tax returns and elections, appropriate withholding

    and remittances)

    A

    PK:TX:04 Reviews, advises on, and replies to assessments and reassessments B

    PK:TX:06 Analyzes and advises on tax-planning issues (purchase or sale of shares or

    assets, succession planning, reorganizations)B

    PK:TX:08 Evaluates and advises on tax implications of alternative business decisions(lease versus buy, dividend versus salary, sharing small-business

    deductions, contract versus employee)

    A

    Ethics and Trust

    PR:ET:01 Applies professional ethical standards (understands and follows the word

    and spirit of CGA-Canada Code of Ethical Principles and Rules of Conduct,

    takes action in response to situations that are contrary to the ethical code

    of the profession)

    A

    PR:ET:02 Exercises integrity and a high level of professional judgment A

    PR:ET:03 Maintains objectivity and independence in appearance and fact (avoids

    real and perceived conflicts of interest)A

    PR:ET:04 Protects the public interest (maintains and raises the visibility of theethical nature of the profession and professional accounting standards)

    A

    PR:ET:05 Plans and exercises due diligence (plans and constructs due diligence

    checklist for mergers and acquisitions or public listing cases; conducts

    financial statement reviews with financial due diligence; conducts

    operations and manages with due diligence)

    A

    PR:ET:06 Ensures confidentiality of stakeholder information (protects proprietary

    information)A

  • 8/10/2019 Exam Blue Prints

    12/14

    CGA-Canada PA1 Examination Blueprint

    2012/2013

    CGA-Canada, 2012 11

    PR:ET:07 Demonstrates professional courtesy (notifies another firm that an issue

    has arisen about its work)A

    CORE-RELATED COMPETENCIES

    Management Accounting

    PK:MA:01 Designs, evaluates, and advises on the organizations performance

    measures to ensure alignment with corporate strategy, and recommends

    changes as required (KPIs and balanced scorecards)

    B

    PK:MA:02 Develops, analyzes, and monitors operational plans and budgets, and

    recommends corrective action as needed (annual budgets, special project

    budgets, budget variance analysis)

    A

    PK:MA:03 Identifies, assesses, and advises on information required for management

    decision making (cost-volume-profit relationships, cost classifications and

    flows, market or industry data, non-financial factors)

    A

    PK:MA:04 Designs, evaluates, and advises on the organizations management

    accounting systems to ensure that information is relevant, accurate, andtimely (costing models, non-financial reporting, planning and forecasting,

    activity-based cost models, KPIs and balanced scorecards, responsibility

    accounting)

    A

    PK:MA:05 Implements, monitors, and updates management accounting systems

    (costing models, non-financial reporting, planning and forecasting, activity-

    based cost models, KPIs and balanced scorecards, responsibility

    accounting)

    A

    PK:MA:06 Analyzes and evaluates information from management accounting

    systems, and makes decisions (pricing and costing decisions, transfer

    pricing decisions, make or buy decisions, performance-based

    compensation plans)

    A

    PK:MA:07 Recommends organizational improvements based on results frommanagement accounting systems (cost reduction strategies, revenue

    growth, business process re-engineering, compensation criteria)

    B

    Finance and Financial Planning

    PK:FN:01 Advises on financing to meet the organizations goals (ensures adequate

    credit facilities, determines pricing needed to implement strategic goals,

    evaluates loans, ensures liquidity and solvency and conditions, manages

    relationships with the organizationsbanks)

    A

    PK:FN:02 Advises on the capital structure of the organization to maximize the

    organizations value (determines the appropriate debt-to-equity ratio;

    advises on public share offerings, debt structure, asset securitization

    strategy; assesses lease versus buy decisions)

    B

    PK:FN:03 Develops financial risk management policies and monitors exposure in

    order to manage the level of financial risk (hedging policy, investment

    policy, insurance coverage)

    B

    PK:FN:05 Recommends changes to risk management policies in line with economic

    and business changes (assesses impact on liquidity, cash flows, and

    financial condition)

    B

  • 8/10/2019 Exam Blue Prints

    13/14

    CGA-Canada PA1 Examination Blueprint

    2012/2013

    CGA-Canada, 2012 12

    PK:FN:06 Develops financial plans and monitors forecasts in alignment with strategic

    and operational plans of organizations and/or individuals (financial plans,

    projections, proposals, and trend analyses; pro forma and projected

    financial statements; translates operational plans into cash requirement

    plans)

    A

    PK:FN:07 Manages cash flow and working capital (sets working capital levels

    including bank balances, receivable balances, and payable balances;

    formulates policies for granting credit to customers and making payments

    to suppliers; hedges market risks interest rates, foreign exchange,

    commodity risks)

    A

    PK:FN:08 Analyzes and advises on financial instruments to meet the organizations

    need (advises on the appropriate mix of equity, debt, and derivative

    instruments)

    B

    PK:FN:09 Develops and assesses financial KPIs (determines an appropriate cost of

    capital for an organization, determines economic value added [EVA])B

    PK:FN:10 Evaluates and advises on capital investments, mergers and acquisitions, or

    sale of a business (analyzes potential acquisitions, projects post-

    acquisition synergies, prepares and reviews valuation reports, formulates

    plans for joint ventures)

    B

    PK:FN:11 Assesses the value of a business (assesses tangible and intangible assets,

    prepares reports for potential acquisition or sale of a business)B

    Business Environment

    PK:BE:03 Anticipates and recognizes market factors and stakeholders interests, and

    adapts business decisions and processes (changes to market share through

    acquisitions, diversification, or divestment of certain business units; supply

    chain management; customer relationship management; agency theory)

    B

    PK:BE:06 Identifies, analyzes, and evaluates enterprise risk factors (market, legal,

    environmental, technological, operational)A

    PK:BE:07 Develops, evaluates, and advises on the organizations risk managementpolicy and processes

    B

    PK:BE:08 Implements and advises on measures to mitigate enterprise risk (works

    with management to develop a risk management matrix)B

    PK:BE:09 Advises on the development of business continuity planning (critical

    business functions, business continuity management, disaster recovery,

    liability insurance, contingency planning, key-person insurance, staff

    succession plan, product life cycle planning)

    B

    Information Technology

    PK:IT:01 Advises on the development of IT strategy (IT strategic plans for financial

    accounting, reporting, and management information systems; strategies

    to support end-user computing; standards and practices for informationsystems as they relate to financial information, green IT)

    B

    PK:IT:02 Selects and uses appropriate business technology tools in the workplace

    (spreadsheets, tax compliance software, generalized audit software,

    online knowledge bases)

    A

  • 8/10/2019 Exam Blue Prints

    14/14

    CGA-Canada PA1 Examination Blueprint

    2012/2013

    CGA-Canada, 2012 13

    PK:IT:03 Aligns financial and related information systems with the organizations

    strategic and business plans (advises on systems that monitor and report

    on organizational performance, manages or controls the organizational

    information system as it relates to financial information)

    B

    PK:IT:04 Evaluates and advises on the impact of new technologies on business

    processes (e-commerce; Internet, intranet, and extranet technologies;

    biometrics)

    B

    PK:IT:05 Advises on the design, development, and implementation of IT projects

    including specific applications software (enterprise resource planning

    systems, user-acceptance testing, business requirements definition,

    installation upgrades; systems, methods, and procedures design;

    processing, data storage, input, and output design; conversion strategies

    for system delivery, design for application controls)

    B

    PK:IT:06 Advises on implications of IT acquisitions and vendor selection (prepares

    requests for proposals and quotations and evaluates responses; evaluates

    financial and contractual aspects of acquisition of hardware and software)

    B

    PK:IT:07 Evaluates and advises on the safeguarding of IT assets to ensure

    organizational ability to meet business objectives (analyzes and evaluates

    IT controls, control environment, systems acquisition and/or

    development)

    B