Policies_and_Credit_Retention July 2015

RETENTION OF CREDITS AND EXEMPTIONS FROM THE CURRENT SYLLABUSES TO THE REVISED SYLLABUSES

1. CERTIFIED PUBLIC ACCOUNTANTS (CPA) EXAMINATION

	RETENTION OF	RETENTION OF EXEMPTION
CURRENT SYLLABUS		WHERE GRANTED AS	REVISED SYLLABUS
	CREDIT
		INDIVIDUAL PAPER
SECTION 1			SECTION 1
CA11: Financial Accounting	Retained under CA11	Retained under CA11	CA11: Financial Accounting
CA12: Introduction to Law	Retained under CA12	Retained under CA12	CA12: Commercial Law
CA13: Entrepreneurship and Communication	Retained under CA13	Retained under CA13	CA13: Entrepreneurship and Communication
SECTION 2			SECTION 2
CA21: Economics	Retained under CA21	Retain under CA21	CA21: Economics
CA22: Cost Accounting	Retained under CA22	Retained under CA22	CA22: Management Accounting
CA23: Auditing and Assurance	Not retained	Retained under CA41	CA23: Public Finance and Taxation
SECTION 3			SECTION 3
CA31: Management Information Systems	Not retained	Retained under CA42 provided	CA31: Company Law
		Section 4 not yet passed
CA32: Financial Management	Retained under CA32	Retained under CA32	CA32: Financial Management
CA33: Financial Reporting	Retained under CA33	No exemptions are granted in paper	CA33: Financial Reporting
SECTION 4			SECTION 4
CA41: Taxation	Not retained	No exemptions are granted in paper	CA41: Auditing and Assurance
CA42: Company Law	Not retained	Retained under CA31 provided	CA42: Management Information Systems
		Section 3 not yet passed
CA43: Quantitative Analysis	Retained under CA43	Retained under CA43	CA43: Quantitative Analysis
SECTION 5			SECTION 5
CA51:PrinciplesandPracticeofManagement	Not retained	Not retained	CA51:  Strategy, Governance and Ethics
CA52: Management Accounting	Retained under CA52	No exemptions are granted in paper	CA52: Advanced Management Accounting
CA53: Advanced Financial Management	Retained under CA53	No exemptions are granted in paper	CA53: Advanced Financial Management
SECTION 6			SECTION 6
CA61: Advanced Taxation	Retained under CA61	No exemptions are granted in paper	CA61: Advanced Public Finance and Taxation
CA62: Advanced Auditing and Assurance	Retained under CA62	No exemptions are granted in paper	CA62: Advanced Auditing and Assurance
CA63: Advanced Financial Reporting	Retained under CA63	No exemptions are granted in paper	CA63: Advanced Financial Reporting

2. CERTIFIED PUBLIC SECRETARIES (CPS) - REBRANDED AS CERTIFIED SECRETARIES (CS) EXAMINATION

		RETENTION OF EXEMPTION
CURRENT SYLLABUS (CPS)	RETENTION OF CREDIT	WHERE GRANTED AS	REVISED SYLLABUS (CS)
		INDIVIDUAL PAPER
SECTION 1			SECTION 1
CS11: Organisational Behaviour	Retained under CS11	Retained under CS11	CS11: Organisational Behaviour
CS12: Introduction to Law	Retained under CS12	Retained under CS12	CS12: Commercial Law
CS13: Communication and Report Writing	Retained under CS13	Retained under CS13	CS13: Business Communication
SECTION 2			SECTION 2
CS21: Economics	Retained under CS21	Retain under CS21	CS21: Economics
CS22: Financial Accounting	Retained under CS22	Retained under CS22	CS22: Principles of Accounting
CS23: Taxation Theory and Practice	Retained under CS23	Retained under CS23	CS23: Public Finance and Taxation
SECTION 3			SECTION 3
CS31: Management Information Systems	Not retained	Retained under CS42 provided	CS31: Company Law
		Section 4 not yet passed
CS32: Financial Management	Retained under CS32	Retained under CS32	CS32: Financial Management
CS33: Company Secretarial Practice	Not retained	No exemptions are granted in paper	CS33: Principles and Practice of Management
SECTION 4			SECTION 4
CS41: Entrepreneurship	Not retained	Not retained	CS41: Corporate Secretarial Practice
CS42: Company Law	Not retained	Retained under CS31 provided	CS42: Management Information Systems
		Section 3 not yet passed
CS43: Meetings - Law and Procedure	Retained under CS43	No exemptions are granted in paper	CS43: Law and Procedure of Meetings

CERTIFIED PUBLIC SECRETARIES (CPS) - REBRANDED AS CERTIFIED SECRETARIES (CS) EXAMINATION continued

		RETENTION OF EXEMPTION
CURRENT SYLLABUS (CPS)	RETENTION OF CREDIT	WHERE GRANTED AS	REVISED SYLLABUS (CS)
		INDIVIDUAL PAPER
SECTION 5			SECTION 5
CS51:PrinciplesandPracticeofManagement	Not retained	Not retained	CS51: Human Resource Management
CS52: Advanced Company Secretarial	Retained under CS52	No exemptions are granted in paper	CS52: Financial Markets Law
Practice
CS53: Project Planning and Management	Not retained	Not retained	CS53: Governance and Ethics
SECTION 6			SECTION 6
CS61: Strategic Management	Retained under CS61	No exemptions are granted in paper	CS61: Strategic Management
CS62: Strategic Human Resources	Not retained	No exemptions are granted in paper	CS62: Public Policy and Administration
Management
CS63: Corporate Governance and Ethics	Not retained	No exemptions are granted in paper	CS63: Governance and Secretarial Audit

3. CERTIFIED INFORMATION COMMUNICATION TECHNOLOGISTS (CICT) EXAMINATION

	RETENTION OF	RETENTION OF EXEMPTION
CURRENT SYLLABUS		WHERE GRANTED AS	REVISED SYLLABUS
	CREDIT
		INDIVIDUAL PAPER
SECTION 1			SECTION 1
CT11: Introduction to Computing	Retained under CT11	Retained under CT11	CT11: Introduction to Computing
CT12 (T): Computer Applications - Theory	Not retained	Not retained	CT12: Computer Applications - Practical
CT12 (P): Computer Applications - Practical	Retained under CT12	Retained under CT12	CT13: Entrepreneurship and Communication
CT 13: Entrepreneurship and Communication	Retained under CT13	Retained under CT13
SECTION 2			SECTION 2
CT21 (T): Operating Systems - Theory	Not retained	Not retained	CT21: Operating Systems - Practical
CT21 (P): Operating Systems - Practical	Retained under CT21	Retained under CT 21	CT22: Principles of Accounting
CT22: Financial Accounting	Retained under CT22	Retained under CT22	CT23: Computer Support and Maintenance
CT23: Computer Support and Maintenance	Retained under CT23	Retained under CT23
SECTION 3			SECTION 3
CT31: Database systems	Retained under CT31	Retained under CT31	CT31: Database systems
CT32: Structured programming	Retained under CT33	Retained under CT33	CT32: Systems analysis and Design
CT33: Systems analysis and design	Retained under CT32	Retained under CT32	CT33: Structured Programming
SECTION 4			SECTION 4
CT41: Object Oriented Programming	Retained under CT41	Retained under CT41	CT41: Object Oriented Programming
CT42 (T): Data Communication and	Not retained	Not retained	CT42: Web design and e-Commerce
Computer Networks - Theory
CS42 (P): Data Communication and	Retained under CT43	No exemptions are granted in paper	CT43: Data Communication and Computer
Computer Networks - Practical			Networks - Practical
CT43: Systems Security, Professional	Not retained	No exemptions are granted in paper
Values and Ethics
SECTION 5			SECTION 5
CT51: Principles and Practice of	Not retained	Not retained	CT51: Strategy, Governance and Ethics
Management
CT52: Software Engineering	Retained under CT52	No exemptions are granted in paper	CT52: Software Engineering
CT53: Project Planning and Management	Not retained	Retained under CT62	CT53: Mobile Application Development
SECTION 6			SECTION 6
CT61: Information Systems Management	Not retained	No exemptions are granted in paper	CT61: Systems Security
CT62: Web design, Internet programming	Not retained	No exemptions are granted in paper	CT62: Information Systems Project Management
and e-commerce
CT63: Research Methods	Retained under CT63	No exemptions are granted in paper	CT63: Research Methods
Information Systems Project	Not applicable	Not applicable	ICT Project

4.  CERTIFIED SECURITIES AND INVESTMENT ANALYSTS (CSIA) - REBRANDED AS CERTIFIED INVESTMENT AND FINANCIAL ANALYSTS (CIFA) EXAMINATION

		RETENTION OF EXEMPTION
CURRENT SYLLABUS (CSIA)	RETENTION OF CREDIT	WHERE GRANTED AS	REVISED SYLLABUS (CIFA)
		INDIVIDUAL PAPER
SECTION 1			SECTION 1
CI11: Financial Mathematics	Retained under CI12	Retained under CI12	CI11: Financial Accounting
CI12: Financial Institutions and Markets	Not retained	Retained under CI22 provided	CI12: Financial Mathematics
		Section 2 not yet passed
CI13: Entrepreneurship and Communication	Retained under CI13	Retained under CI13	CI13: Entrepreneurship and Communication

CERTIFIED SECURITIES AND INVESTMENT ANALYSTS (CSIA) - REBRANDED AS CERTIFIED INVESTMENT AND FINANCIAL ANALYSTS (CIFA) continued

		RETENTION OF EXEMPTION
CURRENT SYLLABUS (CSIA)	RETENTION OF CREDIT	WHERE GRANTED AS	REVISED SYLLABUS (CIFA)
		INDIVIDUAL PAPER
SECTION 2			SECTION 2
CI21: Economics	Retained under CI21	Retain under CI21	CI21: Economics
CI22: Financial Accounting	Not retained	Retained under CI11 provided	CI22: Financial Institutions and Markets
		Section 1 not yet passed
CI23: Taxation Theory and Practice	Retained under CI23	Retained under CI23	CI23: Public Finance and Taxation
SECTION 3			SECTION 3
CI31: Management Information Systems	Not retained	Retained under CI42 provided	CI31: Regulation of Financial Markets
		Section 4 not yet passed
CI32: Financial Management	Retained under CI32	Retained under CI32	CI32: Corporate Finance
CI33: Financial Statements Analysis	Retained under CI33	Retained under CI33	CI33: Financial Statements Analysis
SECTION 4			SECTION 4
CI41: Advanced Finance, Investment and	Retained under CI41	No exemptions are granted in paper	CI41: Equity Investments Analysis
Equity Analysis
CI42: Law and Regulations Governing	Not retained	No exemptions are granted in paper	CI42: Portfolio Management
Financial Markets
CI43: Quantitative Analysis	Retained under CI43	Retained under CI43	CI43: Quantitative Analysis
SECTION 5			SECTION 5
CI51: Principles and Practice of Management	Not retained	Not retained	CI51: Strategy, Governance and Ethics
CI52: Valuation and Analysis of Fixed	Retained under CI52	No exemptions are granted in paper	CI52: Fixed Income Investments Analysis
Income Securities
CI53: Asset Management	Not retained	No exemptions are granted in paper	CI53: Alternative Investments Analysis
SECTION 6			SECTION 6
CI61: Portfolio Management	Retained under CI61	No exemptions are granted in paper	CI61: Advanced Portfolio Management
CI62: International Finance	Retained under CI62	No exemptions are granted in paper	CI62: International Finance
CI63: Valuation and Analysis of Derivatives	Retained under CI63	No exemptions are granted in paper	CI63: Derivatives Analysis

5. CERTIFIED CREDIT PROFESSIONALS (CCP) EXAMINATION

		RETENTION OF EXEMPTION
CURRENT SYLLABUS	RETENTION OF CREDIT	WHERE GRANTED AS	REVISED SYLLABUS
		INDIVIDUAL PAPER
SECTION 1			SECTION 1
CP11: Credit Management	Retained under CP11	Retained under CP11	CP11: Credit Management
CP12: Introduction to Law	Retained under CP12	Retained under CP12	CP12: Commercial Law
CP13: Entrepreneurship and Communication	Retained under CP13	Retained under CP13	CP13: Entrepreneurship and Communication
SECTION 2			SECTION 2
CP21: Economics	Retained under CP21	Retain under CP21	CP21: Economics
CP22: Financial  Accounting	Retained under CP22	Retained under CP22	CP22: Principles of Accounting
CP23: Taxation Theory and Practice	Retained under CP23	Retained under CP23	CP23: Public Finance and Taxation
SECTION 3			SECTION 3
CP31: Management Information Systems	Not retained	Retained under CP42 provided	CP31: Company Law
		Section 4 not yet passed
CP32: Financial Management	Retained under CP32	Retained under CP32	CP32: Financial Management
CP33: Advanced Credit Management	Not retained	No exemptions are granted in paper	CP33: Marketing and Public Relations
SECTION 4			SECTION 4
CP41: Marketing	Not retained	Retained under CP33 provided	CP41: Law Governing Credit Practice
		Section 3 not yet passed
CP42: Company Law	Not retained	Retained under CP31 provided	CP42: Management Information Systems
		Section 3 not yet passed
CP43: Quantitative Analysis	Retained under CP43	Retained under CP43	CP43: Quantitative Analysis
SECTION 5			SECTION 5
CP51:PrinciplesandPracticeofManagement	Not retained	Not retained	CP51: Strategy, Governance and Ethics
CP52: Public Relations	Not retained	No exemptions are granted in paper	CP52: Banking Law and Practice
CP53: Law Governing Credit Practice	Not retained	No exemptions are granted in paper	CP53: Credit Management in the Financial Sector
SECTION 6			SECTION 6
CP61: Debt recovery	Retained under CP61	No exemptions are granted in paper	CP61: Debt recovery
CP62: Corporate lending	Retained under CP62	No exemptions are granted in paper	CP62: Corporate lending
CP63: Practice of Credit Management	Retained under CP63	No exemptions are granted in paper	CP63: Credit Practice