Technician-Syllabuses-1

School: Malawi College of Accountancy - Course: ACCT 1 - Subject: Accounting

INTRODUCTION The most sought after qualification that prepares staff who provide vital support to the work of middle management accounting officers. It is also a stepping stone to the Chartered Accountant (CA) qualification. The demand for the services of accountants has been growing rapidly in the recent past. They are much sought after by an ever increasing number of organizations in the private and public sectors of Malawi that are engaged in a wide range of activities. It is therefore very evident that the prospects of those choosing accountancy as a career are excellent. Graduates of ICAM have gained wide recognition both nationally and internationally. This position has been achieved byICAM's relentless pursuance of quality and excellence. There is therefore no compromise. The candidates are therefore required to achieve the highest standard of competence in the examinations. The candidatesshould approach ICAM's programmes with dedication and commitment. Entry requirements. The following are the minimum entry requirements MSCE with credit passes in English and Mathematics or Certificate in Financial Accounting (CIFA). The Technician programme has 12 papers assessed through three hour written examinations. It also has a flexible method of study where candidates are allowed a maximum of 10 consecutive years to complete the programme. Candidates who complete the ICAM Technician programme are eligible for registration into the Chartered Accountant Malawi (CA (M)) professional programme at the Knowledge Level where they get exemptions in Accounting Framework, Management Information, Legal Framework and Principles of Taxation. The ICAM diploma enables one to register with the Malawi Accountants Board (MAB) as a Diplomate member after completing the required 250 days of practical training.

LIST OF IMPORTANT DATES Listed below are the important datesin ICAM's examination cycle.Candidates areadvisedto take note of these dates and to pay particular attention to theclosing datesfor registration and receipt of examination entries. Entries receivedafterthe closing dates will not be considered. 1 January - Annual subscription Registered candidates will have already been sent invoices for annual subscription. 31 January -Closing date for receipt of annual subscription Those whofailto pay the annual subscription are deleted from the register February-Release of results for December examinations Results for the December examination are released and examination entry forms (EEF) for June examinations are sent together with results.