RAP Topics


Click on topic description to get overview of each RAP Topics

 

Topic Number RAP Topics Description Summary of Overall Approach
1 An analysis and evaluation of an organisation’s budgetary control system and its links with performance management and decision making. Better knowledge  of different aspects of budgetary control system along with its application on   overall performance of the selected organisation in a specific period of time under well qualified   mentor is key to success for passing RAP under this topic
2 An evaluation of how the introduction of a new technology can assist an organisation in achieving its business objectives. Better knowledge of overall requirements of specific proposed technology and discussion of its effective application to attain business objectives of the selected organisation under well qualified mentor is key to success for passing RAP under this topic
3 An assessment of the potential impact of an aspect of impending legislation on the operations and financial position of an organisation. Better knowledge of impending legislation and broad level application in inception of RAP preparation along with good knowledge of overall operations (specifically those operations that impact directly or indirectly affect due to impending legislation) of the selected organisation under well qualified mentor is key to success for passing RAP under this topic
4 A review of the business management and accounting issues of environmental costs of an organisation. Better knowledge of regulatory requirements relevant to environment of specific country that directly or indirectly impact on overall operation of the selected organisation and proper discussion in RAP through providing practical aspects under well qualified mentor is key to success for passing RAP under this topic
5 An evaluation of the use of short term and long term Islamic financial instruments and their impact on the financial statements of an organisation. Better knowledge of various financial instruments in general and Islamic Financial instruments in particular along with proper discussion of  their recording / presentation in financial statement under well qualified mentor is key to success for passing RAP under this topic.
6 A critical review of key factors or indicators in the motivation of employees in an organisation.  Better knowledge of proper application of motivation related theories of employees on selected organisation by keeping on right track (as per selected model) without providing irreverent information under well qualified mentor is key to success for passing RAP under this topic.
7 A critical evaluation of the restructuring of an organisation’s operational activities and the effect on the organisation’s financial performance.  Better knowledge of all operational activities that ultimately have direct impact on long term growth of the organisation along with proper linkage of overall reconstruction process under  well qualified mentor is key to success for passing RAP under this topic.
8  An analysis and evaluation of the business and financial performance of an organisation over a three year period. Better knowledge of models used for evaluation of financial and business performance (e.g. ratio analyses, SWOT, PESTEL models) of an organisation and its application on selected organisation for a specific period of time (i.e. last three latest years) by considering all micro and macro level  factors under well qualified mentor is key to success for passing RAP.
9 A critical evaluation of the planning and implementation of an information system in an organisation. Better knowledge of various aspects of Information System in general and specific knowledge with respect to its implementation into selected organisation under well  qualified mentor is key to success for passing.
10 A review of the effectiveness of the use of costing techniques within an organisation. Better knowledge of Cost Accounting and its various techniques along with its proper application on all information gather through primary sources of selected company under well qualified mentor is key to success for passing RAP under this topic.
11  An investigation into the financial and operational costs and benefits of the internal audit / internal review activities within an organisation. Better knowledge of basic concepts of Internal Audit approach along with good knowledge of overall operations of the selected company that directly or indirectly link with internal audit under well qualified mentor is key to success for passing RAP under this topic.
12 An investigation into the possible effects of a proposed accounting standard on the financial statements and business activities of an organisation. Better knowledge of proposed accounting standard and basic accounting concepts along with good knowledge of organisation operations that directly or indirectly impact due to this proposed accounting standard under well qualified mentor is key to success for passing RAP under this topic.
13 An evaluation of the contribution made by human resource activities to the attainment of business and financial objectives. Better knowledge of overall functions of HR along with excellent knowledge of role of HR in the selected  organisation and its proper linkage with effective attainment of various financial and business objectives under well qualified mentor is key to success for passing RAP under this topic
14 An appraisal of the business and financial objectives of a strategic investment decision made by an organisation and its impact on key stakeholders. Better knowledge of overall operations of the selected organisation along with technical aspects of strategic investment decision is essential under this topic. Proper linkage of strategic investment decision with overall operations of selected organisation with detail assessment under well qualified mentor is key to success for passing RAP under this topic.
15 An analysis and evaluation of the management of an organisation’s working capital over a three year period and its impact on the organisation’s funding strategies. Better knowledge of working capital management and vast information for selected organisation with specific to technical aspect and its linkage with organisation’s funding strategy under well qualified mentor is key to success for passing RAP under this topic.
16 A critical evaluation of the financial and operational risk management within an organisation. Better knowledge of overall concepts of Financial and Operational risk and particular knowledge of these to selected organisation  and proper discussion of  all key risk based on vast research on overall operations of the organisation under well qualified mentor is key to success for passing RAP under this topic
17 Select an organisation that has been identified as having weak corporate governance structures within the past 5 years. Critically evaluate their corporate governance practices including an assessment of the origins of the corporate governance issue(s) and the organisation’s response.

 

Better knowledge of various aspects of Corporate Governance issues and assessment of these implications in key stakeholders of selected organisation by providing practical scenario  under well qualified mentor is key to success for passing RAP under this topic
18 A review of the marketing strategy of an organisation and its effectiveness. Better knowledge of various aspects of marketing strategies adopted by the selected organisation and assessment of its effectiveness and overall impact on various operations of the organisation under well qualified mentor is key to success for passing RAP under this topic.
19 An analysis and evaluation of the financial and operational consequences of a merger between two organisations or of the acquisition of one organisation by another. Better knowledge of financial and operation issues of the selected organisation and its critical assessment before and after merger/acquisition in proper manner under well qualified mentor is key to success for passing RAP under this topic.
20 Select an organisation that has been identified as having weak social responsibility practices within the past 5 years. Critically evaluate their social responsibility practices, including an assessment of the origins of the problem(s) and the organisation’s response and the impact of this on the organisation’s key stakeholders. Better knowledge of specific activities of CSR in relation with overall operations of the selected organisation and discuss relations with respect to  impact on key stakeholder under well qualified mentor is key to success for passing RAP under this topic.

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