CAP119 Module outline - Capstone (CAP) - Chartered Accountants
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Capstone (CAP)
CAP119 Module outline
Last updated: 23 January 2019
charteredaccountantsanz.com cap119 module outline_02Copyright © Chartered Accountants Australia and New Zealand 2019. All rights reserved. This publication is copyright. Apart from any use as permitted under the Copyright Act 1968 (Australia) and Copyright Act 1994 (New Zealand), as applicable, it may not be copied, adapted, amended, published, communicated or otherwise made available to third parties, in whole or in part, in any form or by any means, without the prior written consent of Chartered Accountants Australia and New Zealand.
Chartered Accountants Program Capstone
MO
Capstone
Overview
The Capstone module integrates knowledge from the technical modules and skills from
practical experience in developing the professional competence required to become a Chartered
Accountant. While the module requires candidates to apply technical skills and current
knowledge, the focus is on the development of competencies that candidates will need to
function effectively in the professional environment.
The Chartered Accountants Program
The Chartered Accountants Program (the Program) comprises two elements: professional
accounting education and mentored practical experience with an Approved Training Employer
(ATE).
Chartered Accountant
Admission to membership
Achieve Graduate Diploma
of Chartered Accounting (GradDipCA)
12 weeks
Integrates technical knowledge and 3 face-to-face workshops
professional skills, using complex Workshops (40%),
real life case studies, to become Final exam (60%)
a well-rounded professional
Capstone
12 weeks each
Develops technical competence Online learning,
through problem-based Optional face-to-face
learning using case studies virtual classrooms
and scenarios
3 online assessments (20%),
Final exam (80%)
Management
Financial Accounting
Audit & Accounting & Applied
Assurance & Reporting Finance Taxation
Develops professional 3 years approved full
competence with Mentored Practical Experience time (or equivalent)
guidance from a Concurrent to study
Chartered Accountant
Accredited undergraduate/masters degree or alternative entry pathway
Module summary
The Capstone module is based on the analysis and evaluation of business problems. These
may include accounting and finance issues, ethics, corporate governance, corporate social
responsibility and sustainability reporting. Candidates attend three compulsory workshops
throughout the module. Each workshop builds on activities and research completed to achieve
the Capstone learning outcomes.
Module outline Page 1Capstone Chartered Accountants Program
MO
Assumed knowledge
Candidates must successfully complete all technical modules before undertaking the Capstone
module. This module brings together and builds on all the learning from the four technical
modules and prior studies. It is also assumed that candidates will have developed an
understanding of professional skills through their practical experience.
Module plan and time allocation
CAP119 Suggested module plan
The Capstone module is 12 weeks with an expected workload of 12 hours per week.
This includes workshops, pre-workshop activities, preparation for the workshop assessments
and study time, but excludes the final exam. Candidates are advised to plan their enrolment
You mustaround
carefully have completed the activities
work and other in thetoCRM
commitments, and
ensure be are
they familiar with
able to the relevant
devote the time
workshop pre-release material
required to their studies. prior to each workshop.
MODULE COMMENCEMENT
25
25 February
Feb
WEEK 1 Activities 1-1, 1-2
FEB
commencing
25 February
WEEK 2
commencing Activities 1-3, 1-4
4 March
WEEK 3
commencing Activities 1-5, 1-6, 1-7
MARCH
11 March
16/17 WORKSHOP 1 16/17 March
Mar
WEEK 4
ACTIVITIES
commencing Activities 2–1, 2–2
18 March
WEEK 5
commencing Activities 2–3, 2–4
25 March
WEEK 6 Activity 2-5 and workshop
commencing preparation including Workshop
1 April assessment pre-release
6/7
Apr WORKSHOP 2 6/7 April ASSESSMENT
20%
WEEK 7
commencing Activities 3–1, 3–2
8 April
APRIL
WEEK 8
commencing Activity 3–3
15 April
WEEK 9
commencing Activity 3–4
22 April
WEEK 10 Workshop preparation including
commencing team presentation preparation
29 April
4/5
May WORKSHOP 3 4/5 May ASSESSMENT
20%
WEEK 11
commencing Exam preparation
6 May
MAY
WEEK 12
commencing Exam preparation
13 May
EXAM MAIN EXAM
21 21 May 60%
May
charteredaccountantsanz.com
Page 2 Module outlineChartered Accountants Program Capstone
MO
Learning outcomes
Introduction
The Capstone module integrates knowledge from the technical modules with skills gained
from professional work experience to develop the professional competence required to achieve
membership of Chartered Accountants ANZ.
While the module requires candidates to apply technical skills and current knowledge, the
focus is on developing competencies that candidates need in order to function effectively in the
professional environment.
The competencies developed in Capstone encompass eight professional skill areas:
1. Access data, analyse information and synthesise knowledge.
2. Communicate effectively.
3. Work in and lead teams.
4. Behave ethically.
5. Solve business problems.
6. Think critically.
7. Engage in lifelong professional development.
8. Integrate technical knowledge and professional skills.
Candidates are expected to analyse and evaluate relevant issues as they develop professional
competence through the various activities in the module.
Assumed knowledge
The assumed level of technical knowledge is as covered by the four technical modules – Audit
and Assurance (AAA), Financial Accounting and Reporting (FIN), Management Accounting and
Applied Finance (MAAF) and Taxation (TAX).
Learning outcomes
1. Access data, analyse information, and synthesise knowledge
By the end of the module, candidates will have developed competence in a range of business
and professional accounting contexts to:
•• Identify and clearly state issues to be addressed and specify data required to address them.
•• Locate and analyse data using appropriate tools and techniques.
•• Interpret and summarise data to construct information, and synthesise information to form
responses to the issues.
2. Communicate effectively
By the end of the module, candidates will have developed competence in a range of business
and professional accounting contexts to:
•• Discuss the purpose of business communications, the needs of the audience and their
organisational and cultural environment.
•• Demonstrate the ability to elicit information and build rapport using appropriate
techniques.
•• Demonstrate the provision of business advice appropriate to context and client through
effective written and verbal communications.
Module outline Page 3Capstone Chartered Accountants Program
MO
3. Work in and lead teams
By the end of the module, candidates will have developed competence in a range of business
and professional accounting contexts to:
•• Identify the factors which influence team dynamics and team leadership.
•• Apply practices to ensure continual team effectiveness and demonstrate team leadership.
4. Behave ethically
By the end of the module, candidates will have developed competence in a range of business
and professional accounting contexts to:
•• Discuss the relevant Code of Ethics.
•• Identify ethical dilemmas and apply a structured process to resolve those dilemmas.
•• Apply, and act in accord with, the relevant Code of Ethics.
5. Solve business problems
By the end of the module, candidates will have developed competence in a range of business
and professional accounting contexts to:
•• Apply appropriate problem-solving models.
•• Identify broader influences and consequences of the problem-solving process.
•• Apply relevant risk-management strategies.
6. Think critically
By the end of the module, candidates will have developed competence in a range of business
and professional accounting contexts to:
•• Demonstrate key techniques for critical thinking.
•• Discuss influences on stakeholder perspectives.
•• Apply a sceptical and critical thinking approach to organisational problems and the
evaluation of stakeholder perspectives and information.
7. Engage in lifelong professional development
By the end of the module, candidates will have developed competence in a range of business
and professional accounting contexts to:
•• Identify developments that impact on technical knowledge and professional skill areas.
•• Select appropriate professional development, and demonstrate the ability to modify
professional practice in response to acquired knowledge.
8. Integrate technical knowledge and professional skills
By the end of the module, candidates will have developed competence in a range of business
and professional accounting contexts to:
•• Integrate and apply technical knowledge and professional skills to solve complex problems
with multi-disciplinary solutions.
•• Demonstrate an understanding of the strategic planning process.
•• Identify the impact of strategic decisions.
•• Demonstrate integration through providing value-added strategic advice.
Page 4 Module outlineChartered Accountants Program Capstone
MO
Learning resources and supports
The Capstone module has a range of resources and supports available for candidates including:
Candidate resource materials (CRM) – after enrolment candidates will receive their CRM,
containing an overview, activities workbook, toolkit and tools to assess performance. There is
also a section for candidates to include their own learning material.
Discussion forums – where candidates can raise and discuss issues with other candidates.
The discussion forum is based on candidates helping each other by responding to each others’
posts. The module leaders moderate the forums.
Past exams – past exams will be available to download with examiner’s feedback.
Mentors – by the time candidates undertake the Capstone module, it is expected they have
established networks for professional guidance and support. Mentors play an important role in this.
Workshop team – candidates will work in teams during the Capstone workshops. These teams will
be a valuable networking and information source for addressing questions and working together.
Assessment
An overall pass mark of 60% or greater is required to pass the Capstone module. Unlike the
technical modules, there is no minimum pass mark required in the final exam.
The assessment components are outlined below:
Assessment component Contribution to final marks Details
Workshop 2 20% Written assessment to be completed within
90 minutes
Workshop 3 20% Team presentation assessment task completed
in table teams
Exam 60% Open-book exam comprising of three (3)
compulsory questions based on a case study
to be completed within 3.5 hours. Pre-release
information is released on myLearning the week
following workshop three
Total 100%
Rubrics used in Capstone
In Capstone you will be assessed using four rubrics as follows:
1. Rubric – analysis and evaluation.
2. Rubric – written format.
3. Rubric – presentation.
4. Rubric – providing advice.
Two of the rubrics will be used for each assessment, depending on the learning outcomes being
assessed.
Assessment Rubrics used
Workshop 1 Formative individual Rubric – analysis and evaluation and
written assessment Rubric – written format
Workshop 2 Written assessment Rubric – analysis and evaluation and
Rubric – written format
Workshop 3 Team presentation Rubric – presentation
Rubric – providing advice
Exams Rubric – analysis and evaluation
Rubric – providing advice
Module outline Page 5Capstone Chartered Accountants Program
MO
CA Program policies and Candidate code of conduct
As a CA program candidate, you are bound by the CA program candidate code of conduct.
This is available in the orientation section of myLearning. The policies governing the
CA program are available on our website.
Candidate support and Special consideration
Policies around special consideration are available on our website. You will find links to special
consideration forms on our Contacts page in myLearning.
Should you find you require additional support during your studies, please get in touch with us
via email at capstone@charteredaccountantsanz.com, or contact our Candidate Support team on
CandidateSupportProgram@charteredaccountantsanz.com.
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