The document comes with an approved structure of 14 subjects, spanning three levels of examinations, to be implemented in May 2015.
Professor Kwame Boasiako Omane-Antwi, President of the Institute, at the launch said the syllabus revision has been done taking into consideration the need for a link between accountancy education in academia and professional accountancy practice.
He said this will ensure that the syllabus helps produce competent and knowledgeable accountants for the nation and world at large.
Prof. Omane-Antwi said the technical team that put the syllabus together received support and inputs from the World Bank and the Institute of Chartered Accountants of England and Wales.
“Other key stakeholders in the country also helped in the preparation of the syllabus to meet international standards,” he said.
Prof. Omane- Antwi urged accounting firms and other stakeholders to support implementation of the syllabus.
Mrs. Angela Peasah, immediate past-President of ICAG, said the syllabus provides academic exemptions for holders of Higher Diploma in Accounting, Bachelor of Arts Degree in Accountancy and Master’s Degree in Accountancy.
She said the ICAG qualification aims at ensuring that newly-qualified chartered accountants have the technical and professional skills to begin their career and build their professional development.
Level-one of the new syllabus offers programme such as Business and Corporate Law, Financial Accounting, Business Management and Information Systems.
The application level also offers courses which include Financial Reporting, Audit and Assurance, Financial Management and Public Sector Accounting; with the level three, which is the professional aspect, offering Taxation and Fiscal Policies, Corporate Reporting, and Advanced Financial Management.