Our goal is to deliver a CPA Program that equips every individual member with the skills and knowledge for the career that they want.
Up until recently, taxation study in the CPA Program took a one-size-fits-all approach – but we know that you have your own personal career goals and need to be able to choose the subjects that help you achieve them.
So, we’ve reconsidered the taxation study available in the CPA Program and are pleased to announce that you now have a choice of taxation subjects:
If you need to complete taxation study to become a CPA
Choose Australia Taxation or your local variant.
If you want to go one step further to enhance your taxation studies or pursue a career in taxation in Australia
Choose Australia Taxation – Advanced.
This subject was formerly known as Advanced Taxation. We’ve updated the name to reflect the Australian centricity of the subject. There is no change to the learning outcomes or examination of the subject.
If you intend to obtain a CPA Australia Public Practice Certificate and you have migrated to Australia in the last five years
Choose either subject if you have not already completed Australia-specific tax from a recognised university.
You can study one, or study both, the choice is yours. And here’s some information to help you decide what’s right for you:
Taxation study to become a CPA
All CPAs are expected to be well-rounded professionals, and this subject is designed to equip you with the level of taxation competency expected of a CPA.
If you are required to complete taxation study as a compulsory subject in the CPA Program, then we recommend you complete Australia Taxation or the local variant available for members in Hong Kong, Malaysia, Singapore or New Zealand.
When you log into My CPA Program, you’ll see Australia Taxation listed as a compulsory subject as well as information on how to select a local variant, if appropriate.
Taxation study for a taxation career in Australia
If your intention is to pursue a career in the field of taxation in Australia, then Australia Taxation – Advanced would be an appropriate choice. This subject meets the requirements of an advanced unit of taxation study when registering as a Tax Agent with the Tax Practitioners Board (TPB) in Australia.
If this is your chosen career path, we strongly recommend you first visit the TPB website to make sure you understand the full qualification and experience requirements.
This subject is available for completion within the CPA Program. However, as we strongly recommend members have pre-requisite knowledge in Australian taxation, you’ll need to contact us to talk through your circumstances. If appropriate, we can enrol you over the phone.
You may also complete Australia Taxation – Advanced outside of the CPA Program after you’ve advanced to CPA status.
Taxation study to obtain a CPA Australia Public Practice Certificate
To provide public accounting services into Australia or New Zealand, earning more than $10,000 gross in fees each calendar year, you must hold a public practice certificate. This requirement applies to all members, no matter where in the world you are located.
Completion of Australia Taxation or Australia Taxation – Advanced is only required if you have migrated to Australia in the last five years and you have not already completed Australian-specific tax at a recognised university.
Why can’t I enrol myself into Australia Taxation – Advanced?
This subject is available in the CPA Program. However, as we strongly recommend members have pre-requisite knowledge in Australian taxation, you’ll need to contact us to talk through your circumstances. If appropriate, we can enrol you over the phone.
What are my taxation study options if I’m based outside Australia?
Members in Hong Kong, Singapore, Malaysia and New Zealand may choose local taxation variations, and you’ll see these listed in My CPA Program.
If you reside outside of Australia, you may still enrol in Australia Taxation. This subject does not require any prior knowledge of taxation in the Australian jurisdiction.
In the semesters ahead we will continue to explore adding more taxation study options from other taxation jurisdictions.
Is it possible to complete both Australia Taxation and Australia Taxation – Advanced in the CPA Program?
Depending on your circumstances, yes. A notable exception is if you did not complete recognised audit studies in your undergraduate degree. In this case, you’ll be required to complete Advanced Audit and Assurance as a compulsory subject. And this means you’ll only have one elective space free.
What happened to the former subject, Advanced Taxation?
Advanced Taxation has been renamed Australia Taxation – Advanced. This is so the Australian-centricity of the subject is clear.
The learning outcomes and examination are unchanged. If you need to satisfy an advanced unit of study for an application to become a Registered Taxation Agent, you’re now directed to complete Australia Taxation – Advanced.
If you’ve previously completed Advanced Taxation, it will still appear on your transcript and there is no effect on your progression to becoming a CPA.
I’ve already completed Advanced Taxation – what does this mean for me?
Completion of Advanced Taxation has satisfied CPA Australia’s taxation competency area as a requirement to advance to CPA status, so there is no impact on your advancement to CPA status.
Completion of the Advanced Taxation subject will also be accepted in future applications for a CPA Australia Public Practice Certificate.
However, if you completed Advanced Taxation in any semester prior to Semester 2 2018, and you intend to register as a Tax Agent with the Tax Practitioners Board (TPB) in Australia, you will need to complete additional study to meet their requirements. Contact us to discuss your options.