Cambodia CPA study plan

Build a one-page map of the Cambodian financial reporting framework (Law on Accounting and Auditing, Prakas on accounting standards, CIFRS and CIFRS for SMEs) and mark which standard applies to which entity type

Apply the five-step revenue recognition model to three contract scenarios (multi-element sale, variable consideration, principal versus agent) and record the journal entries

Prepare a full set of financial statements from a trial balance, including statement of cash flows under the indirect method

Explain the recognition and measurement rules for property, plant and equipment, borrowing costs, and impairment in writing, citing the relevant standard paragraph numbers

Account for leases under the single lessee model: measure the right-of-use asset and lease liability, and prepare the amortisation schedule for a five-year lease

Calculate deferred tax for temporary differences arising from depreciation, provisions, and unrealised profit, and present the deferred tax movement

Consolidate a parent and subsidiary: eliminate intra-group balances, compute goodwill, and prepare the consolidated statement of financial position

Compute earnings per share, including the effect of a bonus issue and dilutive options

Draft an audit plan for a medium-sized Cambodian trading company: set materiality and performance materiality, and justify the benchmark chosen

Design substantive procedures for revenue, receivables, and inventory that respond to identified risks of material misstatement

Write the audit report wording for an unmodified opinion and for a qualified opinion arising from a scope limitation, and state the differences

Explain the auditor's responsibilities regarding laws and regulations, and distinguish the response required for non-compliance with direct and indirect effect on the financial statements

Apply the threats-and-safeguards framework to five short ethical scenarios (independence, fees, gifts, long association, self-review) and state the conclusion reached

Explain the auditor's obligations on fraud, going concern, and subsequent events, and identify the procedures required in each case

Describe quality management at the firm level and the engagement-level review requirements, and identify the reviewer's responsibilities

Distinguish the professional scepticism and documentation requirements that apply to significant judgements

Map Cambodia's main tax types (profit tax, withholding tax, value added tax, salary tax, specific tax) to their rate, filing deadline, and penalty regime

Compute monthly value added tax: output tax, allowable input tax, non-creditable input tax, and the carry-forward of excess credit

Compute annual profit tax with adjustments for non-deductible expenses, depreciation, and loss carry-forward, and reconcile accounting profit to taxable profit

Apply withholding tax rules to payments for services, rent, and interest, and identify which payments are exempt

Classify costs by behaviour, compute the high-low and least-squares cost function, and use contribution margin to compute break-even and margin of safety

Prepare a flexible budget and a variance analysis that splits each variance into price and quantity components, and interpret the results

Evaluate a capital investment using net present value, internal rate of return, payback, and discounted payback, and explain why the methods can rank projects differently

Compute the weighted average cost of capital and explain how the cost of each source is estimated

Outline the governance structure of a Cambodian company: the roles of the shareholders' meeting, board of directors, and auditor, and the duties of directors under the applicable company law

Explain the legal framework for contracts, agency, and negotiable instruments at the level needed to identify the issue in a short scenario

Describe how an accounting information system controls access, segregation of duties, and audit trails, and identify the control weakness in three given process descriptions

Apply basic data analytics to a transaction dataset: test for duplicates, gaps in the sequence of invoices, and unusual journal entries posted at period end

Sit two full-length timed mock exams under exam conditions and record the score by domain

Re-work every missed question from weeks 1 to 8 and classify each error as knowledge, application, or time management

Memorise and reproduce the key formulas and standard disclosures most often tested, without notes

Build a final-week revision list limited to the three weakest sub-topics and close them out