Members have told us they want access to more affordable CPD. In April we introduced 28.5 hours of complimentary CPD for members on top of existing complimentary CPD options. All complimentary CPD options have been collated on a dedicated page, which includes a variety of learning experiences that enables members to fulfil all CPD requirements.

For 2019, we are introducing a new streamlined pricing structure for CPD products. This will see reductions in price for members across a wide range of learning resources. More details will be announced shortly.

A digital tool to assist public practitioners prepare a compliance manual (risk management framework (RMF)) for their business was launched 29 March 2019. The tool guides CPAs working in public practice through the process to ensure compliance with APES 325 Risk Management for Firms.

A digital solution for the quality review program, Phase 1 launched 18 March 2019.

Public practitioners selected for review in second half of 2019 can complete their Member Profile Statement online, replacing paper process, saving time and reducing costs.

Phase 2, which incorporates additional functionality will be introduced for first round of reviews in 2020.

Quality Control manual tool

Developed online tool to assist public practitioners develop a custom quality control manual for their practice to comply with APES320 – Quality Control for Firms

Regulatory Burden

The three major Australian professional accounting bodies in Australia – CPA Australia, Chartered Accountants Australia and New Zealand (CA ANZ) and the Institute of Public Accountants (IPA) – have come together to review the frameworks that regulate how financial and tax advice is provided in Australia and advocate for change.

CPA Australia, CA ANZ and IPA have released a video in which the CEOs of the three bodies call for more efficient regulatory frameworks for advisory services and pledge to work together in advocating for change.

Members are invited to share their experiences to help inform and support for the roadmap to regulatory reform by emailing regulatoryburden@cpaaustralia.com.au

View the Regulatory Burden landing page on our website.

Read the Media Release.

This follows publication of CPA Australia’s Regulatory Burden Report that was based on member research about the regulatory complexity for public practitioners providing independent advice to consumers.

My Firm. My Future is a new e-learning series of practical resources designed to help public practitioners build a sustainable business.

The first two complimentary modules are now available.

Module 1 - Engaging Clients – covers the tools and strategies to turn clients into advocates.
Module 2 - Segmenting Your Client Base – looks at how to establish a successful client relationship management process and create a growth strategy.

INPRACTICE, CPA Australia’s monthly resource for public practitioners, has a new look, new content and a new home. There is more technical content and practical insights and it can be accessed via the public practice portal toolkit on the CPA Australia website.

A pilot CPA Australia mentoring program has been developed, consisting of two programs: one for members in early-career and one for members in mid-career stage. The program launched in March 2019 with 60 pairs of mentor/mentees and will be supported by an online platform, with a blend of face-to-face opportunities in selected locations. Learnings from the pilot will inform a wider roll-out of the program.