1.The test of theoretical knowledge included in the examination shall cover the following subjects in particular:
general accounting theory and principles;
legal requirements and standards relating to the preparation of annual and consolidated accounts;
international accounting standards;
financial analysis;
cost and management accounting;
risk management and internal control;
auditing and professional skills;
legal requirements and professional standards relating to statutory audit and statutory auditors;
international auditing standards as referred to in Article 26;
professional ethics and independence.
2.It shall also cover at least the following subjects insofar as they are relevant to auditing:
company law and corporate governance;
the law of insolvency and similar procedures;
tax law;
civil and commercial law;
social security law and employment law;
information technology and computer systems;
business, general and financial economics;
mathematics and statistics;
basic principles of the financial management of undertakings.