Other External Exams

All P.A. students are encouraged to take the following external examinations:

1. LCCI

a) Book-keeping Level 1 Exam- it tests the candidate’s knowledge and understanding of the basic principles underlying the recording of business transactions through the use of the double-entry system of book-keeping.

b) Book-keeping and Accounts Level 2 Exam-it tests the candidates on their practical knowledge of final accounts for sole traders, partnerships and limited companies and non-trading organizations as well as branch, departmental and manufacturing accounts. At this level candidates begin to use ration analysis as an interpretative tool.

c) An advanced examination requiring candidates to have a thorough grasp of the entire accounting process, Level 3 Accounting also expects candidates to understand, interpret and use accounting information to measure business performance and to evaluate the impact of the application of accounting techniques.

2. HKAAT (Paper I)

It provides candidates accounting education and examination system suitable for the Hong Kong environment, culminating in the Accounting Technician qualification.