Page 58 - FBA UG PROGRAMME HANDBOOK 2017

CIA2004 AUDITING PRINCIPLES 3 Credits
Synopsis :
This course provides the foundation for auditing. It discusses the roles of external auditors, management,
related professional bodies as well as regulators. This course introduces three concepts in auditing namely audit
evidence, audit risk and materiality as well audit procedures for audit planning, internal control evaluation in
auditing transaction cycles such as sales and collection, purchase and payment and inventory and cash.

Course Pre-requisite(s) : Pass CIA2002 Accounting Information System
Assessment Methods : Continuous Assessment : 40%, Final Examination : 60%

CIA2005 INDIVIDUAL INCOME TAX 3 Credits
Synopsis :
This course introduces the Malaysian taxation system and its principles. The course aims to provide exposure
and familiarise students with all aspects of individual taxation, sole proprietorship and partnership business.
Students also will be exposed to various tax administration matters related to Inland Revenue Board Malaysia
(IRBM).
Course Pre-requisite(s) : None
Assessment Methods : Continuous Assessment : 40%, Final Examination : 60%

CIA2006 BUSINESS AND CORPORATE TAXATION 3 Credits
Synopsis :
This course covers all aspects of company taxation, investment incentives, withholding taxes, indirect taxes
and real property gains tax. Topics covered include ascertainment of corporate taxation, basis periods after
changes in accounting dates, industrial building allowances, agriculture allowances, withholding taxes, real
property gains tax, indirect taxes, double taxation agreement and e-business. Investment incentives under the
ITA 1967 and PIA 1986 are also discussed.

Course Pre-requisite(s) : Pass CIA2005 Individual Income Tax
Assessment Methods : Continuous Assessment : 40%, Final Examination : 60%

CIA2007 COMMERCIAL LAW 3 Credits
Synopsis :
This course is designed to give a general overview of commercial law in Malaysia. First, it will introduce the
Malaysian legal system. This will include the sources of laws, separation of powers, administration of justice,
application of English law, and the position of Shari’ah law.

Secondly, this course will inculcate the basic understanding of the law of contracts as the governing principles
in all commercial transactions. Among the topics discussed are elements of a contract, types of discharges and
the remedies where there is a breach.

Thirdly, this course will expose students to the relevant laws pertaining to commercial activities, namely,
agency, sale of goods, hire purchase, insurance, negotiable instruments and banking.

Course Pre-requisite(s) : None
Assessment Methods : Continuous Assessment :40%, Final Examination : 60%

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