Paper Professional level 1, once known as Professional Accountant is now
Governance, Risk and Ethics.
The paper name change will come into effect from the June 2011 exams. The paper name will be updated to Governance, Risk and Ethics in their exam transcripts from August 2011.
What's the benefit for this change? Employers will be more understanding when they read the title. Professional Accountant is very arbitrary so it causes confusions for everyone to understand what it really taught in this subject.
Not just the name been change, even the syllabus will be adding in some facts or knowledge that you can apply in your work life. No longer just a subject for exam.
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