Technical Integration Paper

8/8/2019 Technical Integration Paper

http://slidepdf.com/reader/full/technical-integration-paper 1/9



ICAEW Technical Integration Paper – Learning Outcome Grids

of 9

Technical Integration (TI) Paper – Learning Outcomes Evidenced By

Please complete examples of work experience undertaken against each learning outcome

Business Reporting

Identify and explain ethical issues and recommendappropriate actions to solve ethical dilemmas in agiven business scenario

Report objectively in a complex environment ofbusiness opportunities and threats within thelegal, regulatory and compliance environment when:

• preparing and presenting corporate reports - includingpreparing and presenting financial statements, otherinformation included in reports and interim financialreporting

• presenting corporate governance reports inaccordance with the revised combined code

• presenting corporate responsibility, environment,sustainability and social reports

Evaluate and apply appropriate financial reportingtreatments to given scenarios

Evaluate and apply appropriate corporate reportingtreatments, including corporate governance reportsand corporate responsibility reports




of 9

Evaluate and apply auditing, assurance and relatedservices standards in complex scenarios

Analyse and evaluate business risks and theirimplications for corporate reporting and audit opinions

Analyse and evaluate financial risks (Includingfinancing, currency and interest rate risks) and theirimplications for corporate reporting and audit opinions

Analyse, evaluate and calculate the tax consequencesof given scenarios, including circumstances whereoverseas taxes affect national taxes

Analyse, evaluate and assist entities in the adherenceto regulations surrounding taxation

Recognise opportunities to use alternative taxtreatments arising from past events and transactions




of 9

Analyse and evaluate controls, including IT andE-commerce controls

Analyse and evaluate appropriate managementactions where laws and regulations have beenbreached

Recognise the implications for auditors ofengagements in connection with investment circulars

Evaluate and apply appropriate laws and regulationsin situations of insolvency, administration, liquidationand bankruptcy

Evaluate and advise on appropriate corporategovernance mechanisms

Recognise money laundering transactions and relatedoffences and the reporting responsibilities foraccountants and auditors (Including proceeds ofCrime Act)




of 9

Analyse and evaluate controls over financial reporting(including in the context of COSA and S404(a) of theSarbanes-Oxley Act)

Analyse and evaluate strengths and weaknesses ofcorporate governance mechanisms and processes

Explain and communicate current issues in corporateand financial reporting and assurance

Undertake appropriate financial analysis to:

• develop an understanding of a business fromfinancial and operational data and information,provided in draft or published format.

• assess the quality of such information, by referenceto its truth, fairness, credibility and plausibility as abasis for a meaningful analysis of a business’s

current position, future prospects and risks.• apply suitable financial analysis techniques to

analyse financial and operational data to bring outand explain a business’s position, prospects andrisks.

• review the output of such analysis to identify keysensitivities and risks.

• communicate the results of such analysis, includingany reservations regarding transparency andobjectivity of data and information.

Please list additional information on a separate sheet if necessary.




of 9

Technical Integration Papers Evidenced By

Please include examples of work experience undertaken.

Business Change

Identify and explain ethical issues and recommendappropriate actions to solve ethical dilemmas in agiven business scenario

Develop proposals and advise on corporategovernance, corporate reporting, financial reporting,tax, auditing and assurance issues in organisationalplanning, change and business strategyimplementation

Develop business plans and proposals and advise ontechnical issues relating to business and

organisational plans, the risks involved and how thoserisks should be managed

Develop plans to manage a business in distress toavoid insolvency




of 9

Develop proposals and advise on taxation issuesrelating to decisions to cease trading

Develop outline proposals and advise on outlinerequirements for IT applications and technology tosupport business plans including E-commerce,E-business and virtual arrangements

Advise on and develop proposals for organisationalstructuring and the financing of existing and newbusinesses and projects

Advise on and apply appropriate valuation methodsfor assets and businesses for the purposes ofacquisitions and disposals for business and taxpurposes

Advise on and develop appropriate performancemanagement approaches for businesses andbusiness units




of 9

Advise on and develop appropriate remuneration andreward packages for staff and executives

Assess, advise on and propose appropriate businessstrategies to meet stated objectives

Assess, advise on and propose appropriate costingand pricing approaches for businesses

Develop proposals and advise on taxation issuesrelating to business start-ups

Develop proposals and advise on taxation issuesrelating to personal and corporate businesstransformations




of 9

Assess and advise on required corporate governancemechanisms

Undertake appropriate financial and business analysis:

• develop an understanding of financial and operationaldata and information from management information

systems, drawing inferences relating to itscompleteness, accuracy and credibility, as a basis fora meaningful analysis of the position, future prospectsand risks for a business

• apply suitable financial, strategic and operationalanalysis techniques to analyse financial andoperational data to bring out and explain businessposition, prospects and risks, including the use of:

(i) traditional financial measures of profit, returns,earnings per share, returns, cash flow, gearing,liquidity and operations

(ii) EBITDA and residual income(iii) balanced scorecard approach(iv) use of financial and non-financial performance

indicators for customers, employees and otherstakeholders

(v) business strategic analysis techniques forbusinesses their resources, processes andenvironment

• communicate an explanation, including anyreservations regarding transparency and objectivity ofdata and information, of the position, prospects andrisks of a business based on analysis of financial andoperational data and information.

You may only claim credit for the two Technical Integration papers if you can demonstrate experience in ALL of the TI Paper Learning Outcomes.

Please list additional information on a separate sheet if necessary.

Technical Integration Paper

Documents

Transcript of Technical Integration Paper