Changes in CMA Material
2020/2021
CHANGES OVERVIEW
​
Part 1:
The study units have been reorganized to guide a clearer logical flow and connection of the topics. Coverage on off-balance-sheet financing, accounting for equity investments under IFRS, lessor accounting, net operating loss, and internal auditing have been removed to reflect changes in the syllabus effective Jan 2020. Coverage on COBIT framework has been reduced and coverage on treasury stock transactions have been added to better align with the LOSs.
Minor wording changes were made throughout, and new definitions and examples were added. Furthermore, additions to the outlines have been made to better support answers to some questions.
Part 2:
The study units have been reorganized to guide a clearer logical flow and connection of the topics. Minor wording changes were made throughout, and new definitions and examples were added. Furthermore, additions to the outlines have been made to better support answers to some questions.
DETAILED CHANGES
​
PART 1:
Study Unit 1 in 2021: Formerly Study Units From 1.1 to 1.5 in 2020
• Removed coverage on off-balance-sheet financing
• Added coverage on treasury stock transactions
Study Unit 2 in 2021: Formerly Study Units from 2.1 to 2.4 in 2020
Study Unit 3 in 2021: Formerly Study Units from 2.5 to 2.8, 3.1, and 3.3 in 2020
• Removed coverage on the accounting of equity investment under IFRS
• Revised the goodwill impairment test to reflect ASU 2017-04,
Study Unit 4 in 2021: Formerly Study Units from 2.9, 3.4 to 3.6 in 2020
• Removed coverage on accounting for a lease by lessor
• Added examples and graphics to illustrate the calculation of lease liability and the determination of the amortization period of right-of-use assets
• Removed coverage on net operating loss (NOL)
Study Unit 5 in 2021: Formerly Study Units from 1.6 to 1.7, and 3.2 in 2020
Study Unit 6 in 2021: Formerly Study Unit 4 in 2020
Study Unit 7 in 2021: Formerly Study Units from 5.1 to 5.4, 7.1 to 7.2 in 2020
Study Unit 8 in 2021: Formerly Study Unit 6 in 2020
Study Unit 9 in 2021: Formerly Study Units from 7.3 to 7.7 in 2020
Study Unit 10 in 2021: Formerly Study Units from 8.1 to 8.4 in 2020
Study Unit 11 in 2021: Formerly Study Units from 8.5 to 8.6 in 2020
Study Unit 12 in 2021: Formerly Study Units from 9.1 to 9.5, and 9.7 in 2020
Study Unit 13 in 2021: Formerly Study Units from 10.1 to 10.4 in 2020
Study Unit 14 in 2021: Formerly Study Units from 10.5 to 10.9 in 2020
Study Unit 15 in 2021: Formerly Study Unit 11in 2020
Study Unit 16 in 2021: Formerly Study Units from 12.1 to 12.6, and 9.6 in 2020
Study Unit 17 in 2021: Formerly Study Units 13 in 2020
• Removed coverage on internal auditing
Study Unit 18 in 2021: Formerly Study Units 14 in 2020
Study Unit 19 in 2021: Formerly Study Units 15 in 2020
• Reduced discussion on the COBIT framework
Study Unit 20 in 2021: Formerly Study Units 16 in 2020
Appendix:
Added IFRS Differences appendix
Removed Ford Financial Statements Appendix
​
​
​
PART 2:
Study Unit 1 in 2021: Formerly Study Units 7.10, from 7.2 to 7.3, from 7.7 to 7.8 in 2020
Study Unit 2 in 2021: Formerly Study Units from 7.4 to 7.6, 4.1 in 2020
Study Unit 3 in 2021: Formerly Study Units 8.1 and 7.1 in 2020
Study Unit 4 in 2021: Formerly Study Units from 3.3 to 3.5 in 2020
Study Unit 5 in 2021: Formerly Study Units from 3.1 to 3.2, 5.4, from 8.2 to 8.3 in 2020
Study Unit 6 in 2021: Formerly Study Unit 4 in 2020
Study Unit 7 in 2021: Formerly Study Units from 5.1 to 5.3, from 5.5 to 5.6 in 2020
• Added coverage on discount lost as an ordering cost
Study Unit 8 in 2021: Formerly Study Unit 6 in 2020
Study Unit 9 in 2021: Formerly Study Units from 10.2 to 10.5 in 2020
Study Unit 10 in 2021: Formerly Study Units 10.1, from11.1 to 11.4 in 2020
• Added coverage on the incremental approach for all questions involving decision-making
Study Unit 11 in 2021: Formerly Study Units 10.1, from 11.5 to 11.6 in 2020
• Added coverage on the main competing factors under different market structures
Study Unit 12 in 2021: Formerly Study Units from 2.3 to 2.4 in 2020
Study Unit 13 in 2021: Formerly Study Unit 9 in 2020
Study Unit 14 in 2021: Formerly Study Units from 1.1 to 1.2, from 2.1 to 2.2 in 2020
Study Unit 15 in 2021: Formerly Study Units 1.3 and 1.4 in 2020
​
​
Download
Download
Need more details? Contact us
We are here to assist. Contact us by phone, email or via our social media channels.