Digital Finance
Micro-credentials
Accounting in a digital world

Micro-credential

The Digital Finance Ecosystem

About

The Digital Finance Ecosystem explores the knowledge finance professionals need to understand the current and future digital landscape and ecosystem at both the macro and micro level.

Topics

Segmented into four key topic areas, the Digital Finance Ecosystem examines the present and future landscape, the current financial ecosystem, those tools available to finance professionals today and how to keep pace with a rapidly changing environment.

• Digital finance landscape
• Digital finance ecosystem
• FinTech innovations
• Digital transformation

Assessment

CPA Australia will assess your application of knowledge against the key learning objectives, allowing you to demonstrate the skills you have gained.

Learning Objectives

• Examine the impact the application of digital transformation and emerging technologies have on the finance ecosystem
• Evaluate and identify the needs of digital finance in various business landscapes
• Evaluate how finance information systems can improve the effectiveness of management decision making

Upon successful completion of the in-built formal assessment a micro-credential will be awarded in the form of a digital badge. 

Micro-credential

Future of Money

About

What does the future of finance look like? Explore the fundamental knowledge necessary to understand the impact of digital currency and digital payments on the finance world.

Topics

Segmented into six key topic areas, The Future of Money explores the evolving application of digital currency and different digital payments in the finance industry.

• Digital currency
• Digital payments
• Cryptocurrency
• Distributed ledger technology (DTL)
• Alternative finance providers
• Future of banking

Assessment

CPA Australia will assess your application of knowledge against the key learning objectives, allowing you to demonstrate the skills you have gained.

Learning Objectives

• Evaluate the benefits and risks of digital currency and payments in the context of achieving the organisation’s strategic goals
• Examine the use of blockchain to create efficiencies and effectiveness in the organisation
• Evaluate the benefits and risks of cryptocurrency and payments in the context of achieving the organisation’s strategic goals
• Evaluate the role of alternative finance providers in the context of achieving the organisation’s strategic goals

Upon successful completion of the in-built formal assessment a micro-credential will be awarded in the form of a digital badge.

Micro-credential

Data Analytics

About

Learn how data analytics can support organisational goals. Explore the knowledge required to identify the use of big data, and the tools finance professionals need to develop models and data strategy.

Topics

Segmented into three key topic areas, Data Analytics will explore the skills finance professionals need to effectively utilise big data, the risks and challenges of data analytics and how to implement an effective big data strategy for organisational success.

• Big data
• Data analytics
• Extraction, consolidation and design of data strategy

Assessment

CPA Australia will assess your application of knowledge against the key learning objectives, allowing you to demonstrate the skills you have gained.

Learning Objectives

• Identify and evaluate big data from multiple sources and form financial and business insights
• Develop data models to support management decision making
• Design a data strategy in the context of the organisation’s strategic goals

Upon successful completion of the in-built formal assessment a micro-credential will be awarded in the form of a digital badge.

Micro-credential

Data Interpretation and Visualisation

About

Data Interpretation and Visualisation explores the pivotal skills a finance professional needs in demystifying complex sets of data, as well as how to effectively visualise and communicate their interpretation of that data. Learn about the risk and benefits of AI data analytics, and why data governance is so important.

Topics

Data Interpretation and Visualisation is segmented into five key topics, exploring the way in which effective finance teams use data interpretation and visualisation to translate and communicate data, informing organisational decisions.

• Data literacy
• Data interpretation 
• Data visualisation
• Data governance and security
• AI and data analytics

Assessment

CPA Australia will assess your application of knowledge against the key learning objectives, allowing you to demonstrate the skills you have gained.

Learning Objectives

• Evaluate and compare data visualisation tools and their use
• Develop appropriate data visualisation reports in the context of the organisation’s strategic goals
• Examine data analytics results and apply to inform the organisation’s decision making
• Develop best practice data security strategy

Upon successful completion of the in-built formal assessment a micro-credential will be awarded in the form of a digital badge.

Micro-credential

Technology and its use in Finance

About

Enhance your understanding of the use and role of technologies in the finance sector to create efficiencies and effectiveness in your organisation and learn to apply the appropriate tools and technologies to create innovative business solutions.

Topics

Segmented into five key topic areas, Technology and its use in Finance will explore AI-enabled technologies in finance specific applications and prepare finance and accounting professionals for an automated future.

• Automation
• Artificial Intelligence (AI)
• Machine Learning (ML)
• Robotic Process Automation (RPA)
• The Value of Automation

Assessment

CPA Australia will assess your application of knowledge against the key learning objectives, allowing you to demonstrate the skills you have gained.

Learning Objectives

• Examine the use of AI/ML/RPA to create efficiencies and effectiveness in the organisation
• Evaluate the use of AI/ML/RPA to manage business risk
• Analyse the application and strategic impact of AI/ML/RPA in the organisation
• Apply appropriate tools and technologies in AI/ML/RPA to create innovative business solutions

Upon successful completion of the in-built formal assessment a micro-credential will be awarded in the form of a digital badge.

Micro-credential

Risk Management, Governance and Regulation

About

Excel in the areas of risk management, governance and regulation within the digital finance environment. Explore best practice risk management of digital security and data privacy, and how to select the most appropriate security controls for your organisation.

Topics

Segmented into six key topic areas, Risk Management, Governance and Regulation will explore the application of compliance and governance frameworks and analyse and evaluate regulation technologies for improvement of compliance and reporting in finance.

• Risk management
• Governance
• Security and Privacy
• FinTech regulation
• Compliance
• Regulatory Technology (RegTech)

Assessment

CPA Australia will assess your application of knowledge against the key learning objectives, allowing you to demonstrate the skills you have gained.

Learning Objectives

• Evaluate and collaborate with stakeholders to recommend best practice risk management of digital security and data privacy
• Develop and apply compliance and governance frameworks taking into consideration existing, new and amended policies and regulation
• Assess the value of information assets and the threats in today’s business environments
• Analyse and evaluate regulation technology options for improvement of compliance and regulatory reporting in finance

Upon successful completion of the in-built formal assessment a micro-credential will be awarded in the form of a digital badge.