Institute of Cost & Management Accountants of Pakistan

Education Department
ICMAP/HO/Edu/253/2016
October 15, 2016

Transitional Arrangements under Syllabus 2016

Dear Student,
We are pleased to inform that Transitional Arrangements from Syllabus 2012 to Syllabus 2016 has been finalized. The
students may access their individual transitional arrangements by visiting student portal/ login area on Institutes website
by Monday, October 17, 2016 at 9:00 pm. The course wise transitional arrangements schedule are hereunder:
Syllabus 2016

CMA

Chartered
Level [CL]

Professional
Level [PL]

Graduation
Level [GL]

Fundamental
Level [FL]

Level

Sr.
1
2
3
4

Code
F1
F2
F3
F4

Course Title
Fundamentals of Financial Accounting
Business Economics
Business English
Fundamentals of Management Accounting

5
6
7
8
9
10
11
12

F5
F6
G1
G2
G3
G4
G5
P1

13
14

Syllabus 2012

Sem
1
1
1
2

Code
BAF-101
BML-102
BML-103
BAF-201

Course Title
Fundamentals of Financial Accounting
Business Economics
Business Communication and Report Writing
Fundamentals of Cost and Management
Accounting
Commercial Laws and Professional Ethics
Business Mathematics & Statistical Inference
Financial Accounting
Enterprise Management
Management Accounting
Corporate Laws & Secretarial Practices
Business Taxation
Advanced Financial Accounting & Corporate
Reporting
Risk Management & Audit
Those who have passed 'Corporate
Performance Audit & Evaluation' of
Professional-IV under syllabus 1994 or 1998
will be exempted from the course.
Advanced Financial Accounting & Corporate
Reporting
Investment Analysis & Portfolio
Management

Commercial Laws
Business Mathematics and Statistics
Financial Accounting
Enterprise Management & Communication
Management Accounting
Corporate Laws and Secretarial Practices
Business Taxation
Financial Reporting

2
2
3
3
4
4
4
5

BLE-203
BML-202
BAF-301
BML-302
BAF-401
BLE-403
BLE-402
BAF-501

P2
P3

Audit & Assurance

Cost Accounting Records and Audit

5
-

BAF-502
-

15

P4

BAF-501

16
17

P5
C1

Corporate Financial Reporting [Online Open

Book Assessment]
Corporate Planning & Controlling
Strategic Risk Management

BAF-602

18

C2

Strategic Management Accounting

BAF-601

Strategic Management Accounting

19

C3

Strategic Financial Management

BAF-503

Strategic Financial Management

20
21

C4
-

6
-

BML-603
-

Strategic Management
-

22

Strategic Management
Corporate Governance & Professional Ethics
[Online Open Book Assessment]
Capstone Project

The Transitional Arrangements will be governed as per the below-mentioned rules:

1.
2.
3.
4.

From Fall 2016 session, all existing students will be merged into new Syllabus 2016 and are required to appear in the
remaining papers under new Syllabus 2016 as per given transitional arrangements;
Existing students of Advance Financial Accounting and Corporate Reporting [BAF-501] course of Syllabus 2012 will
appear in Corporate Financial Reporting [P4] course of Syllabus 2016;
Existing students of Enterprise Management [BML-302] course of Syllabus 2012 will only appear in Enterprise
Management portion [50 marks] of Enterprise Management & Communication [G2] of Syllabus 2016;
In order to facilitate existing students during transition period of two years, they are required to complete their
remaining Modules 1 to 4 as per Syllabus 2012 instead of Post-Examination Training Programs of Syllabus 2016
whereas following new courses of Syllabus 2016 will be applicable w.e.f. Fall 2018 session:
(i)
Cost Accounting Records and Audit
(ii)
Corporate Planning & Controlling
(iii) Corporate Governance and Professional Ethics
(iv) Capstone Project

Farough Ali Naweed, FCMA

Director Education (Acting)