If you are an Associate member you’re ready to enrol in the CPA Program when enrolments are open.

If you are not yet an Associate member, complete an online membership application.

Alternatively, if you have completed a membership application and are eligible to become an Associate member, your next step is to activate your membership.

Note: Enrolments for this semester are now open.

CPA Program requirements

To complete the CPA Program and become a CPA, you’ll need to satisfy three requirements:

  1. Successfully complete the CPA Program education component
    This typically requires you to successfully complete four core subjects and two electives –  unless you received an exemption for prior study when you applied for Associate membership. In which case, you need only complete certain subjects as advised. The CPA Program is available in three approaches, so you can study your way and find the level of support you need to succeed –  choose between distance learning, full-time study or a combined master degree. 

  2. Satisfy Your Experience requirement
    To satisfy Your Experience you must submit claims for 36 months of experience, and have those claims signed off by a CPA, FCPA or an equivalent full member of an International Federation of Accountants (IFAC) member body and then verified by CPA Australia. That experience can be gained before, during or after you’ve completed the education component.
  3. Hold a recognised degree
    All CPAs must hold a degree-level qualification from a recognised education provider. If you didn’t advise us of your degree when you applied for membership, contact us.

Education component 

The CPA Program education component comprises four compulsory subjects:

And, two electives selected from:

Explore our new Financial Planning Education.

Unless you have received an exemption as a result of earlier recognised study, you will be required to complete all four compulsory subjects and two electives.

If you have already completed recognised studies in tax and auditing, you may choose any elective, otherwise you must select Advanced Taxation, or the local taxation variant, and Advanced Audit and Assurance. 

The exams for Financial Planning Fundamentals, Superannuation and Retirement Planning, and Investment Strategies will be held on two fixed dates in computer-based format. Candidates must be available to attend an exam on the fixed dates, and prepared to travel to an exam centre.

New in Semester 1 2018

Investment Strategies

Investment Strategies covers one of the most complex areas in financial planning, as it requires an integration of knowledge ranging from finance and investment to taxation based in an Australian context. This subject aims to equip candidates with the skills and knowledge to understand the current investment regulations and environments by introducing the concepts of common asset classes, alternative investments, gearing, as well as their associated risks and benefits. The subject also provides insight into various investment structures, in particular, managed investments. Above all, the subject illustrates how to implement the advice process to provide investment advice to clients by applying investment portfolio principles and undertaking appropriate market research. Candidates who successfully complete the subject will be able to gain a comprehensive view on how to provide investment advice to meet a client’s goals and objectives.

New in Semester 2 2018

Risk Advice and Insurance

Risk advice and insurance is one of the most important, yet often overlooked, areas of financial planning. It focuses primarily on the various types of insurance available to individuals so they can protect their assets, wealth, future income, family and small business.

There are many insurance products offered in Australia, however, the key to recommending sufficient cover is to understand both the clients’ needs as well as all the details about the relevant insurance policies. This subject will focus on types of life, disability, general and business insurances. Candidates who complete this subject will develop the knowledge and skills to analyse a clients’ goals and objectives to identify their potential risks and provide recommendations to help protect them from those risks. Risk Advice and Insurance is an elective subject offered in the CPA Program. 

Order of subject completion

You can complete CPA Program subjects in the order of your choice – with the exception of Global Strategy and Leadership, which can only be undertaken once you’ve completed the other three compulsory subjects. A popular approach is to enrol in:

  • Ethics and Governance
  • Strategic Management Accounting
  • Financial Reporting
  • Elective 1
  • Elective 2
  • Global Strategy and Leadership