Australian Society of Certified Practising Accountants
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| Industry | Accounting and Finance |
|---|---|
| Founded |
 Melbourne, Victoria, Australia (1886 as IIAV) |
| Head Office |
Melbourne, Australia |
| Locations |
Australia,  Europe,  Hong Kong,  China (mainly Beijing, Shanghai, and Guangzhou),  Indonesia,  Malaysia,  New Zealand,  Singapore,  Vietnam, and  London, United Kingdom
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| Areas served | Global |
| President | Graeme Wade |
| CEO | Alex Malley |
| Members | 150,000 |
| Member's Designations | CPA & FCPA |
| Website | www.cpaaustralia.com.au |
CPA Australia (Certified Practising Accountants) is an accounting body in Australia, with over 150,000 members.
Founded in 1886, CPA Australia is one of the world’s largest accounting bodies, with more than 150,000 members across 121 countries. Core services to members include education, training, knowledge exchange, technical support, networking and advocacy.
CPA Australia was an early entrant into the Asian market, where their involvement began in the early 1950s and was aimed at developing and strengthening the accounting profession in the region. Today almost one-quarter of CPA Australia’s members now reside outside of Australia, with over 35,000 in Asia.
CPA Australia currently has 19 staffed offices across Australia, China, Hong Kong, Malaysia, Singapore, Indonesia, Vietnam, New Zealand and the UK.
The current form of CPA Australia dates from 1952, when the Commonwealth Institute and Federal Institute merged to create the Australian Society of Accountants. In July 1990 the name changed to the Australian Society of Certified Practicing Accountants, and in April 2000, the name became CPA Australia.
The main predecessor bodies of the Society, with year of formation, were:
To become a CPA, candidates must hold a degree or a postgraduate award that is recognized by CPA Australia, and demonstrate competence in the required knowledge areas and, within a six-year period, successfully complete the CPA Program.
When a candidate applies to study the CPA Program, their previous education and qualifications are assessed to determine if they have covered the required knowledge areas to begin the CPA Program.
The required knowledge can be demonstrated by completing one or more of CPA Australia’s foundation exams, or completion of an accredited and recognised degree, such as an accounting degree. Such degrees will often meet all the required knowledge areas and allow candidates to commence the CPA Program.
The CPA Program is an integrated education and professional experience program with exceptionally high standards, and is recognized with ISO 9001 certification. It consists of 6 education subjects, 4 compulsory subjects and 2 electives, as well as a fully integrated practical experience requirement.
The CPA Program focuses on four main areas that ensure a CPA is valued by any employer – leadership, strategy, ethics, and governance. Content is globally relevant, with a focus on providing flexibility of learning and delivery modes. Overall, the CPA Program builds leadership, strategy, higher level analysis, judgment, decision making and reporting skills.
The three-year practical experience requirement that is part of the CPA Program has been designed in response to the needs of different stakeholders including employers, industry and graduates. The practical experience requirement further develops candidates’ technical, business, personal effectiveness and strategic leadership skills.
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