OCAM Contabilistas study plan
OCAM Contabilistas · Give each week a clear focus.
8 weeks · About 6 hours per week
Contabilidade Financeira
Identify and explain the qualitative characteristics of financial statements
Apply the accrual basis and going concern assumptions to simple scenarios
Classify transactions into the five elements of financial statements
Prepare a basic trial balance from a list of transactions
Your checkpoint
A one-page summary sheet of the conceptual framework and a corrected trial balance exercise
Contabilidade Financeira
Compute depreciation using straight-line and reducing-balance methods
Record adjustments for accruals, prepayments, and inventory
Prepare an income statement and statement of financial position from an adjusted trial balance
Explain the treatment of provisions and contingencies
Your checkpoint
A complete set of financial statements (income statement and statement of financial position) for a practice case
Auditoria
Describe the purpose and phases of an audit
Explain the concepts of materiality, audit risk, and professional scepticism
Identify the components of audit risk (inherent, control, detection)
Outline the contents of an audit planning memorandum
Your checkpoint
A written audit planning memorandum for a hypothetical entity, including risk assessment
Auditoria
Distinguish between tests of controls and substantive procedures
Design audit procedures for key cycles (revenue, purchases, payroll)
Evaluate the sufficiency and appropriateness of audit evidence
Explain the use of analytical procedures in audit
Your checkpoint
An audit programme for the revenue cycle with specific procedures and evidence requirements
Fiscalidade
Calculate personal income tax (IRS) for different income categories
Compute corporate income tax (IRC) including taxable income adjustments
Explain the VAT mechanism, including taxable base, rates, and exemptions
Apply withholding tax rules to common transactions
Your checkpoint
A tax computation spreadsheet for a sample individual and a sample company, with explanations
Fiscalidade
Describe the tax reporting obligations for businesses (VAT returns, withholding declarations)
Identify deadlines for key tax filings and payments
Explain the tax implications of common business transactions (e.g., asset disposals, dividends)
Outline the penalty regime for non-compliance
Your checkpoint
A compliance calendar for a small business covering one fiscal year, with a summary of penalties
Ética e Deontologia Profissional
Summarise the core principles of the professional code of ethics (integrity, objectivity, confidentiality, competence, professional behaviour)
Apply the conceptual framework to identify and address ethical threats
Explain independence requirements for auditors
Describe the disciplinary process for professional misconduct
Your checkpoint
A case analysis of an ethical dilemma, applying the threat-and-safeguards approach
Contabilidade Financeira & Auditoria & Fiscalidade & Ética e Deontologia Profissional
Review and consolidate key concepts from all domains
Complete a timed mock exam covering all domains
Analyse mock exam results to identify weak areas
Create a personal summary sheet of formulas and key rules
Your checkpoint
A completed mock exam with a self-assessment report and a one-page summary sheet
Milestones
Week 2: Can prepare a full set of financial statements from a trial balance within 45 minutes with 80% accuracy
Week 4: Can design an audit programme for a given cycle and justify procedures with reference to risk and evidence
Week 6: Can compute income tax and VAT for a sample case and list filing deadlines without reference
Week 8: Score at least 70% on the mock exam, with no domain below 60%