CPA Australia

CPA Australia
CPA Australia

CPA Australia logo 400x175.PNG

Industry Accounting and Finance
Founded Melbourne [Victoria, Australia]Australia (1886 as IIAV (1886 as IIAV))
Head Office Melbourne, Australia Australia
Locations Australia, Europe, Hong Kong, Beijing, Shanghai, Malaysia, New Zealand, Singapore, Vietnam
Areas served Global
President John Cahill FCPA (Oct 2011 -)
CEO Alex Malley
Members 132,000
Member's Designations CPA & FCPA

CPA Australia is one of three professional accounting bodies in Australia, the others being the Institute of Public Accountants and the Institute of Chartered Accountants of Australia.

CPA Australia is one of the largest global accounting bodies, having members through Asia Pacific as well as its home base.



The name CPA Australia dates from April 2000.[1] Prior to that, the society had been known as the Australian Society of Certified Practising Accountants since July 1990. In its current form the society dates from 1952 when it was incorporated as the Australian Society of Accountants. The main predecessor bodies of the Society, with year of formation, are:

  • Incorporated Institute of Accountants, 1886 (changed name in 1921 to the Commonwealth Institute of Accountants)
  • Federal Institute of Accountants, 1894
  • Association of Accountants of Australia, 1910
  • Australian Institute of Cost Accountants, circa 1925

In 1952, the Commonwealth Institute and Federal Institute merged to form the Society. The Association of Accountants of Australia was merged into the Society some years later, with the Australian Institute of Cost Accountants following in 1966.


CPA Australia's head office in Melbourne.
CPA Australia building in Canberra.

CPA Program consists of 14 education segments and a fully integrated practical experience requirement. The educational component of CPA Program has two parts: the foundation level and the professional level.

To be a CPA, candidates must hold a degree or a postgraduate award recognised by CPA Australia, have demonstrated competence in CPA Australia’s prescribed foundation level knowledge and with in a six-year period have successfully completed CPA Australia’s professional level examinations and the Practical Experience Requirement.

The foundation level represents the first eight exams (segments) of CPA Program, and each designed to assess technical knowledge gained through work experience or study to ensure candidates are ready to undertake the professional level of CPA Program. The completion of an accredited or recognised degree, such as an accounting degree, will often meet all the requirements of the Foundation level and allow candidates to commence at the professional level.

The professional level is made up of six post-graduate education segments and builds on this strong foundation with higher level analysis, judgment, decision making and reporting and focuses on areas that ensure a CPA is valued by any employer - ethics, governance, leadership and strategy.

The three year practical experience requirement, part of the professional level of CPA Program, has been designed in response to the needs of different stakeholders including employers, industry and graduates. The practical experience requirement develops candidates technical, business, personal effectiveness and leadership skills.

Candidates entry point into CPA Program will be determined by an individual assessment of prior education and experience. The completion of an accredited or recognised degree, such as an accounting degree, will often meet all the requirements of the foundation level and allow you to commence at the professional level.

Compulsory CPD applies to all ASA, CPA and FCPA members, including retired members who provide public accounting services, in any year (whether or not this is for reward). Upon renewing membership each year members are required to declare their ongoing compliance with the CPA Australia constitution, by-laws and minimum continuing professional development (CPD) requirements. Fulfilment of 120 Continuing Professional Development (CPD) hours per triennium (3-year period) with a minimum of 20 CPD hours in each year is required for continued membership. Members must monitor their own CPD hours and CPA Australia also conducts random audits of members to confirm that they are meeting the CPD requirements.

Full members of CPA Australia use the designatory letters CPA, (CPA (Aust.) in Hong Kong). Senior members may become Fellows and use the letters FCPA, (FCPA (Aust.) in Hong Kong).

CPA Australia has approximately 132,000 members (CPA/FCPA/ASA).[2] An increasing proportion of these members are from other countries or Australians located overseas.

Skill assessment

CPA Australia is gazetted by the Department of Immigration and Citizenship (DIAC) to assess qualification for overseas qualified accountants seeking immigration to Australia under the following Australian standard classification of occupations (ASCO) codes[3]:

  • accountants (ASCO code 2211-11)
  • accountant, corporate treasurers (ASCO code 2213-11)
  • accountant, external auditors (ASCO code 2212-11)
  • finance managers (ASCO code 1211-11)

Related organisations

In the Australian regulatory framework, CPA Australia, the Institute of Chartered Accountants of Australia and the Institute of Public Accountants co-operate in an advisory role in formulating and interpreting accounting standards. All three bodies co-operate closely on professional matters, and issue joint handbooks. There was some discussion about merging the membership of both bodies, but there are no concrete plans for this move. Such a move would likely be considered controversial given the different entry requirements of each organisation.[citation needed] The three bodies collaborate in supporting the Accounting Professional & Ethical Standards Board, founded in 2006, which publishes ethics-related standards for accountants in Australia based on the international standards published by the International Ethics Standards Board for Accountants (IESBA).[4][5]

Mutual recognition

CPA Australia has mutual recognition agreements with the:[6]

University affiliation

CPA Australia works closely with Australian universities and is a sponsor of the following student accounting organisations:


See also


  1. ^ CPA Australia Handbook, 1995, p11021
  2. ^ About CPA Australia
  3. ^ Migration Assessment
  4. ^ "About APESB". APESB. Retrieved 2011-06-08. 
  5. ^ "APESB at a Glance". APESB. Retrieved 2011-06-08. 
  6. ^ CPA Australia International Recognition
  7. ^ Low, Charles (1971). A Roll of Australian Arms. Adelaide: Rigby Limited. pp. 9. ISBN 0 85179 149 2. 

External links

Wikimedia Foundation. 2010.

Игры ⚽ Нужен реферат?

Look at other dictionaries:

  • CPA Australia — An Australian professional accounting organization. CPA Australia differs from the country’s other large accounting organization, the *Institute of Chartered Accountants in Australia, by having a smaller proportion of its members in public… …   Auditor's dictionary

  • CPA (disambiguation) — CPA is a three letter abbreviation with multiple meanings, as described below: General *Certified Public Accountants qualified accountant professionals in the United States and many other countries. *Certified Practising Accountants a member of… …   Wikipedia

  • CPA — may refer to:* Canadian payments association, the regulatory body for the settlement and clearing of payments in Canada * Canadian Police Association * Certified Public Accountant, statutory title of qualified accountants in the United States,… …   Wikipedia

  • Australia First Movement — Die Australia First Movement (AFM) (deutsch Australien Zuerst Bewegung) war eine faschistoide Bewegung Australiens in der Zeit von 1936 bis 1942, die sich für den Sieg Japans im Zweiten Weltkrieg und ein nationalsozialistisches Australien… …   Deutsch Wikipedia

  • CPA — 1. Communist Party of Australia. 2. Certified Practising Accountant. 3. continuous partial attention …  

  • Institute of Chartered Accountants of Australia — The Institute of Chartered Accountants in Australia (the Institute) is the professional accounting body representing Chartered Accountants in Australia. The Institute of Chartered Accountants in Australia was constituted by Royal Charter in 1928 …   Wikipedia

  • Institute of Chartered Accountants in Australia — ICAA An Australian professional accounting and external auditing organization. The ICAA differs from the other large accounting organization in Australia, *CPA Australia, by having a larger proportion of its members in public practice and… …   Auditor's dictionary

  • Communist Party of Australia — Die Communist Party of Australia (CPA) wurde 1920 gegründet, 1991 aufgelöst und im Oktober 1996 nannte sich die Socialist Party of Australia zur Communist Party of Australia um. Die CPA entwickelte ihre größte Stärke in den 1940er Jahren und war… …   Deutsch Wikipedia

  • Communist Party of Australia (revived) — For the pre 1991 Communist Party of Australia, see Communist Party of Australia The Communist Party of Australia is a minor (unregistered) political party in Australia. It was founded as the Socialist Party of Australia (SPA) in 1971, when a… …   Wikipedia

  • Communist Party of Australia (Marxist-Leninist) — The Communist Party of Australia (Marxist Leninist) (CPA(ML)) is an Australian political party based on the writings of Karl Marx, Vladimir Lenin, Joseph Stalin and Mao Zedong. The party describes its ideology as Marxism Leninism, and does not… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”