Accreditation Requirements
Important Changes - CPA Associate Status
From January 1 2004 the Alternative Associate Sequences for CPA Australia are
being phased out. CPA Australia is allowing a transitional period of one year
for students completing their program in 2004. Such students may apply for
membership of CPA as an Associate until 31 December 2004. This means that ANU
students who have not completed the Professional Accounting sequence as part of
their degree, but who want to apply for Associate membership using the
Alternative Associate Sequences of either Management Accounting, Finance or
Information Technology must do so before 31 December 2004. For more information
please contact the College Office
Associate Status (ASA) From 2004
To qualify for Associate Membership, a student must:
a) Hold an ANU degree:- BComm,
BeComm,
BFin, BEc (or a relevant combined degree) with
passes in:
- BUSN1001 - Business Reporting and Analysis
- BUSN1002 - Accounting Processes and Systems
- BUSN1101* -Introduction to Commercial Law
- ECON1101 - Microeconomics 1
- ECON1102 - Macroeconomics 1
- STAT1008 -
Quantitative Research Methods (STAT2001
Introductory Mathematical Statistics will be accepted as an alternative)
- INFS2005 - Accounting Information Systems
OR INFS1001 Business Information Systems
- FINM1001 - Money
Markets and Finance (or
FINM2001 Corporate
Finance completed prior to 2004)
- BUSN2101* - Law of
Business Entities
- BUSN2011 - Management Accounting
- BUSN2015 - Company Accounting
plus ONE of the following courses
BUSN3002 Auditing and
BUSN3014 Principles of
Taxation Law are optional, but students are strongly advised to complete these two courses. Students who do not complete these courses at university must complete them in the CPA program in order to advance to CPA Australia.
* Students enrolled in a combined degree with Law substitute all of the
following:
- LAWS1202 - Lawyers, Justice and Ethics
- LAWS1204 - Contracts
- LAWS2203 - Corporations Law
Certified Practising Accountant (CPA)
The academic requirements for advancement to CPA status require candidates to
have:
a) completed all of the requirements for Associate status;
b) Successfully completed the CPA program;
c) Completed courses in audit and taxation either as part of an accredited
Australian undergraduate degree or postgraduate degree or as part of the CPA
Program.
d) Three years of relevant mentored work experience.
From 2004, students should be aware that up to two exemptions in the CPA
program will be offered to candidates with an accredited undergraduate degree
and an approved specialist masters degree.
