CPALE OCTOBER 2023

Saturday, September 30, 2023

92 day(s) remaining.
PINNACLE 1ST PREBOARD PINNACLE FINAL PREBOARD
Saturday, July 22, 2023 Saturday, September 16, 2023
22 day(s) remaining. 78 day(s) remaining.
Targer Date of Completion SUBJECT WEEK
FAR 1
FAR 1
FAR 2
FAR 3
FAR 3
FAR 4
FAR 4
FAR 5
FAR 6
FAR 6
FAR 6
FAR 7
FAR 7
FAR 8
FAR 8
FAR 9
FAR 9
FAR 10
FAR 11
FAR 11
FAR 12
FAR 13
FAR 14
FAR 14
AFAR 1
AFAR 1
AFAR 2
AFAR 3
AFAR 4
AFAR 5
AFAR 6
AFAR 6
AFAR 7
AFAR 8
AFAR 8
AFAR 9
AFAR 9
AFAR 10
AFAR 11
AFAR 11
AFAR 12
AFAR 13
AFAR 14
AFAR 14
MS 1
MS 2
MS 2
MS 3
MS 4
MS 4
MS 5
MS 5
MS 6
MS 6
MS 7
MS 8
MS 8
MS 9
FAR 10
FAR 11
FAR 12
FAR 12
FAR 13
FAR 13
FAR 14
FAR 14
TAX 1
TAX 2
TAX 3
TAX 4
TAX 4
TAX 5
TAX 6
TAX 7
TAX 7
TAX 8
TAX 9
TAX 10
TAX 11
TAX 12
TAX 12
TAX 13
TAX 14
TAX 14
AT 1
AT 2
AT 3
AT 4
AT 5
 AT 6
AT 7
AT 8
AT 9
AT 10
AT 11
AT 12
AT 13
FAR 14
FAR 14
AP 1
AP 2
AP 3
AP 4
AP 5
AP 6
AP 7
AP 8
AP 9
FAR 10
FAR 11
FAR 12
FAR 12
FAR 13
RFBT 14
RFBT 1
RFBT 1
RFBT 2
RFBT 2
RFBT 3
RFBT 3
RFBT 4
RFBT 4
RFBT 5
RFBT 5
RFBT 6
RFBT 7
RFBT 8
RFBT 8
RFBT 9
RFBT 10
RFBT 10
RFBT 11
RFBT 11
RFBT 12
RFBT 12
RFBT 13
RFBT 13
RFBT 14
RFBT 14
 TOPICS STATUS
Cash and Cash Equivalents COMPLETED
Bank Reconciliation COMPLETED
Trade and Other Receivables ###
Notes and Loans Receivable and Impairment ###
Receivable Financing ###
Inventory ###
Inventory Cost Flow, Measurement and Estimation ###
Investments ###
Investment in Associate ###
Joint Arrangement ###
Investment Property ###
Property, Plant and Equipment ###
Revaluation and Impairment ###
Exploration Assets and Depletion ###
Government Grant ###
Borrowing Cost ###
Biological Assets ###
Intangible Assets ###
Current Liabilities ###
Note Payable and Debt Restructure ###
Income Tax (FAR) ###
Share-Based Compensation (FAR) ###
Related Party Disclosures ###
Interim Reporting ###
Partnership Formation COMPLETED
Partnership Operation ###
Partnership Dissolution ###
Partnership Liquidation ###
Corporate Liquidation ###
Home Office and Branch ###
Job Order Costing ###
ABC Analysis ###
Process Costing ###
Joint and By-Product Costing ###
JIT and Backflush Costing, ABC Analysis ###
Forex ###
Derivatives ###
Business Combination ###
Joint Arrangement ###
Non-Profit Organization ###
Government Accounting ###
IFRS 15 ###
Operating Segment ###
Presentation of Financial Statements ###
Cost Concepts COMPLETED
CVP Analysis COMPLETED
Absorption Vs. Variable Costing ###
Standard Costing ###
Budgeting ###
Relevant Costing ###
Responsibility Accounting ###
Transfer Pricing ###
Capital Budgeting ###
Cost of Capital ###
Financial Statement Analysis ###
Working Capital Management ###
Quantitative Analysis ###
Economics ###
Bonds Payable (FAR) ###
Employee Benefits (FAR) ###
NCAHFS and Discontinued Operations (FAR) ###
Accounting Changes - Policies and Estimates (FAR) ###
Statement of Financial Position (FAR) ###
Statement of Comprehensive Income (FAR) ###
Book Value Per Share and Quasi-Reorganization ###
Revised Conceptual Framework (FAR) ###
General Principles COMPLETED
Individuals ###
Corporations ###
Partnership, JV, Co-ownership ###
Estate and Trust ###
Gross Income ###
Deductions ###
Fringe Benefits ###
Installment Reporting ###
Capital Asset ###
Donor's Tax ###
Estate Tax ###
Value-Added Tax ###
Other Percentage Tax ###
Excise Tax and DST ###
Local Taxes ###
Preferential Taxation ###
Remedies and Filing ###
Overview of Audit COMPLETED
System of Quality Control ###
Audit Planning ###
Audit Risk ###
Understanding Internal Controls ###
Testing of Controls (TOC) ###
Audit Evidence ###
Audit Sampling ###
Completing the Audit ###
Opinion and Auditor's Report ###
IT Audit ###
Code of Ethics ###
RA 9298 ###
SMEs (FAR) ###
Earnings per share (EPS) ###
Audit of Accounts Receivable ###
Audit of Inventory ###
Audit of Investments ###
Audit of PPE ###
Audit of Intangible Assets ###
Audit of SHE ###
Audit of Liabilities ###
Error Correction ###
Audit of Cash ###
Leases (FAR) ###
Shareholders’ Equity (FAR) ###
Events After The Reporting Period (FAR)
###
Basic Accounting Concepts (FAR) ###
Statement of Cash Flows (FAR) ###
Philippine Lemon Law (RFBT) ###
Intellectual Property Code ###
PDIC ###
Bank Secrecy ###
Data Privacy Act ###
Electronic Commerce Act ###
Corporate Governance ###
Ease of Doing Business ###
Securities Regulations Code ###
Bouncing Checks Law (BP 22) ###
AMLA ###
Obligations COMPLETED
Contracts ###
Sales ###
Credit Transactions ###
Corporations ###
Partnership ###
Cooperatives ###
Truth in Lending Act ###
Consumer Production ###
FRIA ###
Government Procurement Law ###
Philippine Competition Act ###
Amended Insurance Code ###
Labor Law ###
Social Security Law ###
LECPA Review Study Guide (Sir Brad's Version)
Schedule of Topics
Finish review in 3 months (2 hrs per day)
Note: we recommend 1.5x watching speed (or even 2x for other topics)

FAR
Week 1
> Cash and Cash Equivalents
Mon
> Bank Reconciliation

Tue

Wed

Thur

Fri

Sat

Sun

Week 2

Mon > Trade and Other Receivables

Tue

Wed

Thur

Fri

Sat

Sun

Week 3
> Notes and Loans Receivable and Impairment
Mon
> Receivable Financing
Tue

Wed

Thur

Fri

Sat

Sun

Week 4
> Inventory
Mon
> Inventory Cost Flow, Measurement and Estimation

Tue

Wed

Thur

Fri

Sat

Sun

Week 5

Mon > Investments

Tue

Wed

Thur

Fri
Sat

Sun

Week 6
> Investment in Associate
Mon > Joint Arrangement
> Investment Property

Tue

Wed

Thur

Fri

Sat

Sun

Week 7
> Property, Plant and Equipment
Mon
> Revaluation and Impairment

Tue

Wed

Thur

Fri

Sat

Sun

Week 8
> Exploration Assets and Depletion
Mon
> Government Grant
Tue

Wed

Thur

Fri

Sat

Sun

Week 9
> Borrowing Cost
Mon > Biological Assets

Tue

Wed

Thur

Fri

Sat

Sun

Week 10

Mon > Intangible Assets

Tue

Wed

Thur

Fri
Sat

Sun

Week 11
> Current Liabilities
Mon
> Note Payable and Debt Restructure

Tue

Wed

Thur

Fri

Sat

Sun

Week 12
Mon > Income Tax (FAR)

Tue

Wed

Thur

Fri

Sat

Sun

Week 13
Mon > Share-Based Compensation (FAR)

Tue
Wed

Thur

Fri

Sat

Sun

Week 14
> Related Party Disclosures
Mon
> Interim Reporting
Tue
Wed

Thur

Fri

Sat

Sun
n 2x for other topics)

AFAR MS TAX

> Partnership Formation

> Partnership Operation

> Cost Concepts

> General Principles

> Partnership Dissolution

> CVP Analysis

> Absorption Vs. Variable Costing

> Individuals
> Partnership Liquidation

> Standard Costing

> Corporations

> Corporate Liquidation

> Budgeting
> Relevant Costing

> Partnership, JV, Co-ownership

> Estate and Trust

> Home Office and Branch

> Responsibility Accounting

> Transfer Pricing

> Gross Income

> Job Order Costing
> ABC Analysis

> Capital Budgeting

> Cost of Capital

> Deductions

> Process Costing

> Financial Statement Analysis

> Fringe Benefits

> Installment Reporting
> Joint and By-Product Costing
> JIT and Backflush Costing, ABC
Analysis
> Working Capital Management
> Quantitative Analysis

> Capital Asset

> Forex
> Derivatives

> Economics

> Donor's Tax

> Business Combination

> Bonds Payable (FAR)

> Estate Tax

> Joint Arrangement
> Non-Profit Organization

> Employee Benefits (FAR)

> Value-Added Tax

> Government Accounting

> NCAHFS and Discontinued Operations

(FAR)
> Accounting Changes - Policies and
Estimates (FAR)

> Other Percentage Tax

> Excise Tax and DST

> IFRS 15
 > Statement of Financial Position (FAR)
> Statement of Comprehensive Income
(FAR)
> Local Taxes

> Operating Segment

> Presentation of Financial > Book Value Per Share and Quasi-
Statements Reorganization
> Revised Conceptual Framework (FAR) > Preferential Taxation
> Remedies and Filing
 AT AP

> Overview of Audit

> Audit of Accounts Receivable

> System of Quality Control

> Audit of Inventory

> Audit Planning

> Audit of Investments

> Audit Risk

> Audit of PPE

> Understanding Internal Controls

 > Audit of Intangible Assets

> Testing of Controls (TOC)

> Audit of SHE

> Audit Evidence

> Audit of Liabilities

> Audit Sampling

> Error Correction

> Completing the Audit

> Audit of Cash

> Opinion and Auditor's Report

 > Leases (FAR)

> IT Audit

> Shareholders’ Equity (FAR)

> Code of Ethics

Events After The Reporting Period (FAR)

Basic Accounting Concepts (FAR)
> RA 9298

> Statement of Cash Flows (FAR)

> SMEs (FAR)

> Earnings per share (EPS)

> Philippine Lemon Law (RFBT)

 RFBT

> Intellectual Property Code

> PDIC

> Bank Secrecy

> Data Privacy Act
> Electronic Commerce Act
> Corporate Governance

> Ease of Doing Business

> Securities Regulations Code
> Bouncing Checks Law (BP 22)
> AMLA

> Obligations

> Contracts
> Sales
> Credit Transactions

Corporations
> Partnership
> Cooperatives

> Truth in Lending Act

> Consumer Production

> FRIA
> Government Procurement Law
> Philippine Competition Act
> Amended Insurance Code

> Labor Law

> Social Security Law
First and Final Preboard Exams
Coverage

MAS
1 Cost Concepts 1
2 CVP Analysis 2
3 Absorption Vs. Variable Costing 3
4 Standard Costing 4
5 Budgeting 5
6 Relevant Costing 6
1st PB

7 Responsibility Accounting 7
8 Transfer Pricing 8
9 Capital Budgeting 9
10 Cost of Capital 10
11 Financial Statement Analysis 11
12 Working Capital Management 12
13 Quantitative Analysis 13
14 Economics
Final PB (all topics)

1
2
3
4

5
6
7
8
9
 AT TAX
Overview of Audit 1 General Principles of Taxation 1
System of Quality Control 2 Individuals 2
Audit Planning 3 Corporations 3
Audit Risk 4 Partnership, JV, Co-ownership 4
Internal Controls 5 Estate and Trust 5
Testing of Controls (TOC) 6 Gross Income 6
1st PB 7 Deductions 7
8 Fringe Benefits 8
Audit Evidence 9 Installment Reporting 9
Audit Sampling 10 Capital Asset 10
Completing the Audit 1st PB 11
Forming an Opinion and Auditor's Report 12
IT Audit 11 Donor's Tax 13
Code of Ethics 12 Estate Tax
RA 9298 13 Value-Added Tax
Final PB (all topics) 14 Other Percentage Tax 14
15 Excise Tax and DST 15
AP 16 Local Taxes 16
Audit of AR 17 Preferential Taxation 17
Audit of Inventory 18 Remedies and Filing 18
Audit of Investments Final PB (all topics) 19
Audit of PPE 20
1st PB 21
22
Audit of Intangible Assets 23
Audit of SHE 24
Audit of Liabilities 25
Correction of Errors
Audit of Cash
Final PB (all topics)
 RFBT FAR
Intellectual Property Code 1 Cash and Cash Equivalents
Banking Laws (PDIC, Bank Secrecy) 2 Bank Reconciliation
Data Privacy Act 3 Trade and Other Receivables
Electronic Commerce Act 4 Notes and Loans Receivable and Impairment
Corporate Governance 5 Receivable Financing
Ease of Doing Business 6 Inventory
Securities Regulations Code 7 Inventory Cost Flow, Measurement and Estimation
Bouncing Checks Law (BP 22) 8 Investments
AMLA 9 Investment in Associate
Obligations 10 Joint Arrangement
Contracts 11 Investment Property
Sales 12 Other LT Investments
Credit Transactions 13 Property, Plant & Equipment
1st PB 14 Revaluation and Impairment
15 Wasting Assets and Depletion
Partnership 16 Government Grant
Corporations 17 Borrowing Cost
Cooperatives 18 Biological Assets
Consumer Production 19 Intangible Assets
Philippine Lemon Law 1st PB
Truth in Lending Act
Financial Rehabilitation and Insolv 20 Current Liabilities
Insurance Code 21 Note Payable and Debt Restructure
Government Procurement Law 22 Bonds Payable
Philippine Competition Act 23 Leases
Labor Standards 24 Income Taxes
Social Security Law 25 Employee Benefits
Final PB (all topics) 26 Shareholders’ Equity
27 Share-Based Compensation
28 Statement of Financial Position
29 Statement of Comprehensive Income
30 Statement of Cash Flows
31 Events After The Reporting Period
32 Revised Conceptual Framework
33 Basic Accounting Concepts and Process
34 Presentation of Financial Statements
35 Related Party Disclosures
36 Interim Reporting
37 Operating Segment
38 Noncurrent Asset Held For Sale and Discontinued Operations
39 Accounting Changes - Policies and Estimates
40 Book Value Per Share (BVPS)
41 Earnings Per Share (EPS)
42 Small And Medium-Sized Entities (SMEs)
Final PB (all topics)
 AFAR
1 Partnership Formation
2 Partnership Operation
3 Partnership Dissolution
4 Partnership Liquidation
5 Corporate Liquidation
6 Home Office and Branch
7 Job Order Costing
8 Process Costing
9 Joint and By-Product Costing
10 JIT and Backflush Costing, ABC
1st PB

11 Forex
12 Derivatives
13 Business Combination
14 Joint Arrangement
15 Non-Profit Organization
16 Government Accounting
17 IFRS 15
Final PB (all topics)

Operations
Periodic Self-Assessment
Coverage

MAS AT
1 Cost Concepts 1 Overview of Audit
2 CVP Analysis 2 System of Quality Control
3 Absorption Vs. Variable Costing 3 Audit Planning
1st self-assessment 1st self-assessment

4 Standard Costing 4 Audit Risk

5 Budgeting 5 Internal Controls
6 Relevant Costing 6 Testing of Controls (TOC)
2nd self-assessment 2nd self-assessment

7 Responsibility Accounting 7 Audit Evidence

8 Transfer Pricing 8 Audit Sampling
9 Capital Budgeting 9 Completing the Audit
10 Cost of Capital 3rd self-assessment
3rd self-assessment
10 Forming an Opinion and Auditor's Repo
11 Financial Statement Analysis 11 IT Audit
12 Working Capital Management 12 Code of Ethics
13 Quantitative Analysis 13 RA 9298
14 Economics 4th self-assessment
4th self-assessment
AP
1 Audit of AR
2 Audit of Inventory
1st self-assessment

3 Audit of Investments
4 Audit of PPE
2nd self-assessment

5 Audit of Intangible Assets

6 Audit of Liabilities
7 Audit of SHE
3rd self-assessment

8 Correction of Errors
9 Audit of Cash
4th self-assessment
 TAX RFBT
1 General Principles of Taxation 1 Intellectual Property Code 1
2 Individuals 2 Banking Laws (PDIC, Bank Secrecy) 2
3 Corporations 3 Data Privacy Act 3
4 Partnership, JV, Co-ownership 4 Electronic Commerce Act 4
5 Estate and Trust 5 Corporate Governance 5
1st self-assessment 6 Ease of Doing Business 6
7 Securities Regulations Code 7
6 Gross Income 8 Bouncing Checks Law (BP 22) 8
7 Deductions 9 AMLA 9
8 Fringe Benefits 1st self-assessment 10
9 Installment Reporting
10 Capital Asset 10 Obligations
2nd self-assessment 11 Contracts 11
12 Sales 12
11 Donor's Tax 13 Credit Transactions 13
12 Estate Tax 2nd self-assessment 14
13 Value-Added Tax 15
14 Other Percentage Tax 14 Partnership 16
3rd self-assessment 15 Corporations 17
16 Cooperatives 18
15 Excise Tax and DST 3rd self-assessment 19
16 Local Taxes
17 Preferential Taxation 17 Consumer Production
18 Remedies and Filing 18 Philippine Lemon Law 20
4th self-assessment 19 Truth in Lending Act 21
20 Financial Rehabilitation and Insolvency 22
21 Insurance Code 23
22 Government Procurement Law 24
23 Philippine Competition Act 25
24 Labor Standards 26
25 Social Security Law 27
4th self-assessment

28
29
30
31
32
33
34
35
36
37
38
39
40
41
 FAR AFAR
Cash and Cash Equivalents 1 Partnership Formation
Bank Reconciliation 2 Partnership Operation
Trade and Other Receivables 3 Partnership Dissolution
Notes and Loans Receivable and Impai 4 Partnership Liquidation
Receivable Financing 5 Corporate Liquidation
Inventory 6 Home Office and Branch
Inventory Cost Flow, Measurement and Estimation1st self-assessment
Investments
Investment in Associate 7 Job Order Costing
Joint Arrangement 8 Process Costing
1st self-assessment 9 Joint and By-Product Costing
10 JIT and Backflush Costing
Investment Property 2nd self-assessment
Other Long-Term Investments
Property, Plant & Equipment 11 Forex
Revaluation and Impairment 12 Derivatives
Exploration Assets and Depletion 13 Business Combination
Government Grant 3rd self-assessment
Borrowing Cost
Biological Assets 14 Joint Arrangement
Intangible Assets 15 Non-Profit Organization
2nd self-assessment 16 Government Accounting
17 IFRS 15
Current Liabilities 4th self-assessment
Note Payable and Debt Restructure
Bonds Payable
Leases
Income Tax
Employee Benefits
Shareholders’ Equity
Share-Based Compensation
3rd self-assessment

Statement of Financial Position

Statement of Comprehensive Income
Statement of Cash Flows
Events After The Reporting Period
Revised Conceptual Framework
Basic Accounting Concepts and Process
Presentation of Financial Statements
Related Party Disclosures
Interim Reporting
Operating Segment
Noncurrent Asset Held For Sale and Discontinued Operations
Accounting Changes - Policies and Estimates
Book Value Per Share and Quasi-Reorganization
Small And Medium-Sized Entities (SMEs)
4th self-assessment