Bulgarian Certified Expert Accountant Exam study plan

Reconstruct the chart of accounts logic and the closing cycle from journal entry to trial balance to statutory financial statements, writing out each step in your own words.

Solve at least 15 multi-step problems on revenue recognition, accruals, prepayments, inventory valuation and depreciation without consulting notes.

Prepare a complete set of annual financial statements for a sample trading company, including notes on accounting policies, from a raw trial balance.

Build a one-page error log categorising every mistake by cause (concept gap, arithmetic, misread requirement).

Map each major Bulgarian statutory reporting requirement to its IFRS counterpart and note the differences in measurement, presentation and disclosure.

Apply IFRS 15 five-step model and IFRS 16 lessee accounting to at least 10 worked scenarios, showing all computations.

Compute and explain deferred tax balances under IAS 12 for temporary differences arising from depreciation, provisions and revaluation.

Draft disclosure notes for revenue, leases and deferred tax that would satisfy IFRS presentation requirements.

Apply IAS 36 impairment testing, including cash-generating unit allocation, to three case scenarios and justify each recoverable amount.

Prepare consolidated statements for a simple group covering goodwill, non-controlling interests and intra-group eliminations.

Compute the full ratio set (liquidity, solvency, profitability, efficiency) from a set of published statements and interpret the trend in writing.

Perform a discounted cash flow valuation of a sample company, stating and defending each assumption.

Classify costs by nature and behaviour and build a full absorption costing model for a multi-product manufacturer.

Reconcile absorption costing profit to variable costing profit and explain the difference numerically.

Compute variances for material, labour and overhead and decompose each into price and quantity components.

Design a relevant-cost analysis for a make-or-buy or special-order decision and identify sunk and opportunity costs.

Apply ISA risk assessment and response to a case entity, documenting significant risks and the audit procedures addressing each.

Evaluate an internal control system, identifying at least five control weaknesses with a recommended remediation for each.

Analyse independence threats under the IESBA conceptual framework for four short scenarios and apply appropriate safeguards.

Distinguish auditor, management and those-charged-with-governance responsibilities in a written summary.

Compute corporate income tax adjustments from accounting profit, including tax-deductible limits and carry-forward items.

Calculate personal income tax and mandatory social insurance contributions for three employee scenarios with varying income types.

Determine VAT treatment, place of supply and right to deduct for at least 10 cross-border and domestic transactions.

Prepare a VAT return and a corporate tax return for a sample entity from source documents.

Outline the legal framework for company formation, governance bodies, capital maintenance and distribution of profits, citing the applicable rules.

Compare the rights and liabilities of managers, shareholders and the general meeting in three governance scenarios.

Explain the accounting-law obligations on bookkeeping, retention and statutory filing and apply them to a compliance checklist.

Analyse the effect of macroeconomic indicators, such as inflation, interest rates and exchange rates, on financial statements of a sample company.

Evaluate the controls around an accounting information system and data integrity, listing at least five risks and corresponding controls.

Complete two full-length timed mock exams under exam conditions and score them against the marking scheme.

Revisit every error-log entry from weeks 1 through 7 and re-solve each missed question correctly.

Consolidate a one-page summary sheet of formulas, definitions and thresholds for final review.