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About CPA Program CPA Program was introduced in 1986 and has since undergone many changes to ensure that graduates remain leaders in providing finance, accounting and business advice.
Since its inception, some 61,000 members have successfully completed CPA Program and enrolments continue to rise, evidence of the quality of CPA Program and the acceptance by employer groups of the importance and quality of the CPA designation.
Since 2004, CPA Program has been offered in a new format of three compulsory and three elective segments. The changes were implemented as the result of an extensive review of CPA Australia's education strategy.
The content of CPA Program is updated every semester to reflect changes to legislation, standards and current practice.
Objectives
CPA Program is a world class professional education program for leadership careers in finance, accounting and business. Distinctively professional in orientation, CPA Program is strategically integrated with university education in a vital continuum of learning for career success.
Providing a study of the professional attributes of ethics and integrity, CPA Program inducts graduates into the rewarding world of the practicing professional. While ensuring that CPAs are highly educated technically and professionally, CPA Program locates professional accounting education within the contemporary and interconnected contexts of business strategy, decision making and leadership, and corporate governance. Recognising the flexible structure of, and need for mobility in the modern world of professional work, and understanding the competing demands of work and lifestyle choices, CPA Program is offered by leading edge, educationally innovative and highly effective flexible learning technologies.
Distance learning and independent study
CPA Program is offered by distance learning mode. Distance education provides a flexible and accessible approach for those who wish to pursue continuing professional development. Candidates involved in this mode of education must accept greater responsibility for the planning and assessment of their own learning compared with the more traditional methods of teaching. The need for greater self-discipline and self-reliance is in keeping with a professional accountant's responsibility for ongoing self-development.
CPA Program candidates are required to study the course materials thoroughly and rigorously as independent distance learners. Each module in the segment study guides must be worked through systematically, and the associated readings and in-text questions should be carefully reviewed in preparation for the segment examinations. While study in CPA Program is self-directed, a timetable is included in the materials to assist candidates to plan a suitable schedule for the semester.
Each segment offered is the equivalent of a one-semester postgraduate unit of study. The total hours of study required depend on a candidate's capabilities and individual study technique. As a general guideline, a minimum of 10 to 15 hours per week over a 12-week period is required for each segment. Consequently, it is strongly recommended that candidates who undertake CPA Program in conjunction with other fulltime commitments enrol in only one segment at a time.
Assessment
Each segment contains self-assessment questions that assist candidates to understand and review the topics covered. In-text reflective questions and numbered exercises with answers provided are also included. Some segments include case studies to be worked through with answers provided for reference. Some segments incorporate computer-based testing on CD-ROM to assist candidates to review the study topics.
Formal assessment for each segment is by three-hour open-book examination. Panels of professional specialists moderate the examination papers through approval of the questions selected for inclusion and monitoring the marking procedures and pass standard. All of the segment study material is examinable, as are relevant aspects of the CPA Australia Members' Handbook and legislation where advised.
Examinations for the first three compulsory segments, Reporting and Professional Practice, Corporate Governance and Accountability, and Business Strategy and Leadership, include assessment of candidates' written skills known as constructed response testing.
The third compulsory segment, Business Strategy and Leadership (an elective for candidates who commenced CPA Program prior to 2004), is examined through no less than 80 per cent constructed response testing, and no more than 20 per cent multiple-choice test items.
Formal assessment for each of the elective segment examinations, and up to 70 per cent of the first two compulsory segment examinations (Reporting and Professional Practice, and Corporate Governance and Accountability), comprises multiple-choice test items. This objective assessment method is recognised as the best means to test technical skills and it ensures that results are made available in a timely manner.
Candidates should attempt all constructed response and / or multiple-choice examination questions; marks are not deducted for incorrect answers.
Page last updated: Tuesday, 16 December 2008
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