PSBA CPA Review/Refresher Course

November 2022 review batch for May 2023 CPALE

Topic Outline and Schedule/Lesson Plan

FRIDAY CLASSES
Flow of discussion/topic outline

AudTheo - Villamin - Fri 1pm to 4pm ToA - Licaros - Fri 4pm to 7pm
Nov 25 2022 Fri week 01 Fundamentals of Auditing and Assurance Services Overview of Accounting
Conceptual Framework for Financial Reporting
Dec 02 2022 Fri week 02 Legal and Ethical Framework PAS 1 Presentation of Financial Statements
PAS 7 Statement of Cash Flows
ASYNC WEEK Dec 09 2022 Fri week 03 exam 1 of 4 Quality Control System and Professional Responsibilities PAS 8, PAS 10, PAS 21, PAS 24,
PFRS 6, PFRS 7, PFRS 12, PFRS 13, PFRS 14
Dec 16 2022 Fri week 04 Fraud and Fraud Detection, NOCLAR and Communication of AMGI PAS 2 Inventories, PAS 16 Property, Plant and Equipment, PAS 23
Borrowing Costs, PAS 20 Accounting for Government Grants and
Dec 23 2022 Fri ***Christmas Break ***Christmas Break Disclosure ofBreak
***Christmas Government Assistance
Dec 30 2022 Fri ***Christmas Break ***Christmas Break ***Christmas Break
Jan 06 2023 Fri ***Christmas Break ***Christmas Break ***Christmas Break
Jan 13 2023 Fri week 05 Overview of Risk Based Approach PAS 38 Intangible Assets, PAS 40 Investment Property, PAS 36
Impairment of Assets
ASYNC WEEK Jan 20 2023 Fri week 06 exam 2 of 4 Understanding the Entity and its Environment and Assessing Risks of PAS 27, PAS 29, PAS 33, PAS 34
Material Misstatements PFRS 1, PFRS 8
Jan 27 2023 Fri week 07 Audit Objectives, Procedures , Evidences PAS 41 Agriculture, PFRS 5 Non-current Assets Held for Sale and
Discontinued Operations, PFRIC 12 Service Concession Arrangements
Feb 03 2023 Fri week 08 Tests of Transaction Cycles P1 PFRS 16 Leases, PFRS 17 Insurance Contracts, PFRS 15 Revenue from
Contracts with Customers
ASYNC WEEK Feb 10 2023 Fri week 09 exam 3 of 4 Tests of Transaction Cycles P2 PAS 12 Income Taxes, PAS 19 Employee Benefits, PAS 37 Provisions,
Contingent Liabilities and Contingent Assets
Feb 17 2023 Fri week 10 Audit Sampling PAS 32, PAS 39; PFRS 9 Financial Instruments, PAS 28 Investments in
Associates and Joint Ventures
Feb 24 2023 Fri week 11 Completing the Audit/Post Audit Responsibilities PFRS 2 Share-based Payment, PFRS 3 Business Combinations,
PFRS 10 Consolidated Financial Statements, PFRS 11 Joint Arrangements
Mar 03 2023 Fri week 12 Using Works of Others SRC Rule 68
PFRS for Small and Medium Sized Entities
ASYNC WEEK Mar 10 2023 Fri week 13 exam 4 of 4 Reporting Issues **allowance lecture day

Mar 17 2023 Fri week 14 Other Reporting Issues **allowance lecture day

Mar 24 2023 Fri week 15 Auditing in a CIS Environment summary of all PFRS

Mar 31 2023 Fri week 16 Attestation Services P1 quizzer/special session

Apr 07 2023 Fri ***Holy Week ***Holy Week ***Holy Week

Apr 14 2023 Fri week 17 Attestation Services P2 pre-week lectures

Apr 21 2023 Fri week 18 Updates and Recapitulation pre-week lectures

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 PSBA CPA Review/Refresher Course
November 2022 review batch for May 2023 CPALE
Topic Outline and Schedule/Lesson Plan

SATURDAY CLASSES
Flow of discussion/topic outline

RFBT - De Jesus - Sat 8am to 11am Tax - Co - Sat 12pm to 3pm FAR - Co - Sat 3pm to 6pm
Nov 26 2022 Sat week 01 Law on Obligations Introduction to Taxation Cash and Cash Equivalents, Receivable-Part 1

Dec 03 2022 Sat week 02 Law on Contracts Income Tax Fundamentals Receivable Part 2, Inventories

ASYNC WEEK Dec 10 2022 Sat week 03 exam 1 of 4 Law on Sales Final Tax and Capital Gains Tax Biological Assets, PPE

Dec 17 2022 Sat week 04 Credit Transactions and BP 22 Gross income -inclusions and exclusions Government Grant and Borrowing Cost

Dec 24 2022 Sat ***Christmas Break ***Christmas Break ***Christmas Break ***Christmas Break
Dec 31 2022 Sat ***Christmas Break ***Christmas Break ***Christmas Break ***Christmas Break
Jan 07 2023 Sat ***Christmas Break ***Christmas Break ***Christmas Break ***Christmas Break
Jan 14 2023 Sat week 05 Government Procurement Law Special Gross Income Rules Wasting Assets, Intangible Assets, Impairment of Assets

ASYNC WEEK Jan 21 2023 Sat week 06 exam 2 of 4 Law on Corporations (A) Deduction Principles Noncurrent asset held for sale, Investment Properties

Jan 28 2023 Sat week 07 Law on Corporations (B) Deductions from Gross Income Investment in Equity Securities, Investment in Associate

Feb 04 2023 Sat week 08 Law on Partnerships Individual Income Tax Investment in Debt Securities

ASYNC WEEK Feb 11 2023 Sat week 09 exam 3 of 4 Cooperative Law Corporate Income Tax Derivatives and Other Investments

Feb 18 2023 Sat week 10 FRIA and Insolvency Act Estate Tax Current Liabilities, Provisions, Notes Payable

Feb 25 2023 Sat week 11 Intellectual Property Law Donor's Tax Bonds Payable, Compound Financial Instruments, Extinguishment of
Liabilities
Mar 04 2023 Sat week 12 Banking Laws (PDIC Law, Secrecy of Bank Deposits, Truth in Lending Act, VAT Leases
AMLA Law)
ASYNC WEEK Mar 11 2023 Sat week 13 exam 4 of 4 E-Commerce Act and Data Privacy Act Percentage Tax Employee Benefits, Income Taxes

Mar 18 2023 Sat week 14 Consumer Protection Act and Ease of Doing Business Act Excise Tax Shareholders' Equity, Share-Based Payments

Mar 25 2023 Sat week 15 Insurance Law Documentary Stamp Tax Book Value Per Share, Earnings Per Share

Apr 01 2023 Sat week 16 Philippine Competition Act Miscellaneous Items and Remedies Financial Statements, Events after the Reporting Period, Operating
Segment
Apr 08 2023 Sat ***Holy Week ***Holy Week ***Holy Week ***Holy Week
Apr 15 2023 Sat week 17 Securities Regulations Code Local Tax Interim Financial Reporting, Related Parties, Accounting Changes and
Errors, Cash and Accrual Basis
Apr 22 2023 Sat week 18 Labor Law and Social Security Law Preferential Tax Statement of Cash Flows, PFRS for SMEs, SEs, and Microenterprises,
Conceptual Framework And Accoutning Process

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 PSBA CPA Review/Refresher Course
November 2022 review batch for May 2023 CPALE
Topic Outline and Schedule/Lesson Plan

SUNDAY CLASSES
Flow of discussion/topic outline

MAS - Sevilla - Sun 8am to 11am AudProb - Rivera - Sun 12pm to 3pm AFAR - De Leon - Sun 3pm to 6pm
Nov 27 2022 Sun week 01 Cost Behavior Analysis Basic concepts of financial statements audit Partnership Forpmation and Operations

Dec 04 2022 Sun week 02 CVP Analysis Misstatements in the financial statements Partnership Dissolution

ASYNC WEEK Dec 11 2022 Sun week 03 exam 1 of 4 Product Costing Audit of Cash Balances Partnership Liquidation

Dec 18 2022 Sun week 04 Standard Costing Audit of Receivables and related revenues Corporate Liquidation

Dec 25 2022 Sun ***Christmas Break ***Christmas Break ***Christmas Break ***Christmas Break
Jan 01 2023 Sun ***Christmas Break ***Christmas Break ***Christmas Break ***Christmas Break
Jan 08 2023 Sun ***Christmas Break ***Christmas Break ***Christmas Break ***Christmas Break
Jan 15 2023 Sun week 05 Relevant Costing Audit of Inventories and related expenses Home Office and Branch

ASYNC WEEK Jan 22 2023 Sun week 06 exam 2 of 4 Budgeting Audit of production cycle Reconciliation of Reciprocal Accounts

Jan 29 2023 Sun week 07 Responsibility Accounting and Balanced Scorecard Audit of Investments in financial instruments Bussiness Combination

Feb 05 2023 Sun week 08 Financial Statement Analysis Audit of Non-Current Operating Assets - Property, plant and equipment Consolidated Financial Statements

ASYNC WEEK Feb 12 2023 Sun week 09 exam 3 of 4 Working Capital Management Part 1 Audit of Non-Current Operating Assets - Intangible assets, Investment Intercompany Transactions
properties, biological assets
Feb 19 2023 Sun week 10 Working Capital Management Part 2 Audit of acquisitions and purchases, payroll transactions, trade Foreign Currency Transactions and hedging instruments
payable balances
Feb 26 2023 Sun week 11 Risks & Returns including Capital Structure Audit of prepaid expenses and accrued liabilities Transalation of the Financial Statements

Mar 05 2023 Sun week 12 Capital Budgeting Part 1 Audit of financing cycle transactions PFRS 15 and Franchise Accounting

ASYNC WEEK Mar 12 2023 Sun week 13 exam 4 of 4 Capital Budgeting Part 2 Audit of equity accounts Long Term Construction Contracts

Mar 19 2023 Sun week 14 Introduction to Management Accounting Completing the audit Consignment Sales

Mar 26 2023 Sun week 15 Quantitative Techniques Joint Arrangement

Quality Management (ISQM 1 , ISQM2, PSA 220)
Apr 02 2023 Sun week 16 Activity-Based Costing Job Order Costing
FS Audit Process
Apr 09 2023 Sun ***Holy Week ***Holy Week ***Holy Week ***Holy Week
Apr 16 2023 Sun week 17 Financial Markets quizzer/special session Process Costing

Apr 23 2023 Sun week 18 Review of all topics Review of all topics NGAS and NPO

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