CPA Australia Exam Guide

Strategic Management Accounting - Module 5

Wed, 19 Aug 2026 15:50:36 GMT

CPA Australia Strategic Management Accounting — Module 5: Performance Management.

Listen-along study episode covering how organisations set targets, measure performance, link control systems to strategy, and use tools such as the balanced scorecard.

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What this episode covers

• How performance management helps achieve goals through targets, control and feedback

• Characteristics of effective performance measures and control systems

• Using performance management to motivate and reward

• Strategy, management control systems, and the limits of traditional accounting-based controls

• Models of performance management, including the balanced scorecard and strategy mapping

• Cascading measures, information systems, value creation and CSR

This is an independently created third-party study resource. CPA Copilot is not affiliated with, endorsed by, or sponsored by CPA Australia. It does not replace the official CPA Australia study guide or learning materials.

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Disclaimer: This podcast, CPA Australia Exam Guide, is not affiliated with, endorsed by, or sponsored by CPA Australia. All content provided is for general educational and informational purposes only and does not constitute professional advice or official study materials for the CPA Australia Program exams. We respect the intellectual property and copyrights of CPA Australia and strive to comply with all applicable laws. Any references to CPA Australia’s syllabus, study guides, or exam structure are based on publicly available information and are used solely to support candidates’ independent study efforts under fair use principles. Listeners are encouraged to consult CPA Australia’s official resources, available at www.cpaaustralia.com.au, for authoritative guidance. The podcast creators assume no liability for any errors, omissions, or reliance on the content provided. By listening, you agree to use this content at your own risk.

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Strategic Management Accounting - Module 4

Tue, 21 Oct 2025 02:48:35 GMT

CPA Australia Strategic Management Accounting — Module 4: Project Management.

Listen-along study episode covering what makes a project, how projects are selected and planned, the management accountant’s role, and how they are controlled and reviewed.

📘 More CPA exam prep resources:

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What this episode covers

• What a project is, project stages, and how projects are organised

• Roles in the project management team

• Project selection and the analytical techniques used to choose among options

• Planning tools for successful implementation

• The management accountant’s role in implementation, risk and control

• Post-completion review: what to learn when the project is done

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Strategic Management Accounting - Module 3

Tue, 14 Oct 2025 10:00:00 GMT

CPA Australia Strategic Management Accounting — Module 3: Planning, Budgeting and Forecasting.

Listen-along study episode covering how budgets link to strategy, how master budgets and forecasts are built, variance analysis, behavioural issues, and alternatives to the traditional annual budget.

📘 More CPA exam prep resources:

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What this episode covers

• How operational plans, budgets and forecasts support the strategic plan

• Developing master budgets, flexible budgets and financial forecasts

• Variance analysis as a planning and control tool

• Behavioural issues: participative budgeting, targets and incentives

• Limits of traditional annual budgets

• Alternative approaches: incremental, zero-based, activity-based and Beyond Budgeting

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Strategic Management Accounting - Module 2

Mon, 13 Oct 2025 23:41:01 GMT

CPA Australia Strategic Management Accounting — Module 2: Information for Decision-Making.

Listen-along study episode covering stakeholder information needs, information systems, the trusted-adviser role, and when systems need upgrading or replacing.

📘 More CPA exam prep resources:

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What this episode covers

• Data, information and knowledge — and why they are not the same

• Different stakeholders, different information needs

• Information systems and their effect on strategy, decisions and performance

• Validity, reliability and the limits of different kinds of information

• How management accountants influence decisions and become trusted advisers

• Assessing, upgrading or replacing information systems when they fall short

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Strategic Management Accounting - Module 1

Wed, 08 Oct 2025 14:04:26 GMT

CPA Australia Strategic Management Accounting — Module 1: Introduction to Strategic Management Accounting.

Listen-along study episode covering what SMA is, how organisations create value, the shift from scorekeeper to business partner, and the analytical tools that support strategy.

📘 More CPA exam prep resources:

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What this episode covers

• Creating, managing and protecting sustainable value for multiple stakeholders

• Shareholder, customer and stakeholder views of value

• The strategic management process: formation, selection, implementation and evaluation

• The management accountant’s role — from traditional scorekeeping to business partner

• Key challenges and causes of change in the business environment

• Analytical techniques: value analysis, SWOT, internal and external analysis, and Porter’s five forces

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Contemporary Business Issues - Module 5

Tue, 07 Oct 2025 05:06:19 GMT

CPA Australia Contemporary Business Issues — Module 5: Contemporary Stakeholder Management.

Listen-along study episode covering stakeholder claims, communication, social media, reputation, and deeper long-term engagement.

📘 More CPA exam prep resources:

https://cpacopilot.net/

What this episode covers

• From shareholder wealth to managing a wide range of stakeholder claims

• Why businesses must manage stakeholders to operate without disruption

• Formal communication with stakeholders and the principles of effective communication

• Technology and social media in stakeholder dialogue

• Reputation management: influencing how stakeholders perceive the business

• Deeper engagement through long-term relationships, and what happens when that fails

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Contemporary Business Issues - Module 4

Sat, 04 Oct 2025 01:32:44 GMT

CPA Australia Contemporary Business Issues — Module 4: Future of Natural Resource Management.

Listen-along study episode covering sustainable resource use, carbon regulation, and how organisations account for and report natural-resource impacts.

📘 More CPA exam prep resources:

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What this episode covers

• Whether current resource use can meet future energy, food, water and biodiversity needs

• Pressure to move from non-renewable resources toward sustainable approaches

• Carbon regulation: climate change, carbon taxes and emissions trading schemes

• Accounting and reporting for natural resource use

• Sustainability, ESG reporting and integrated reporting

• Why non-financial costs and benefits are a growing challenge for accountants

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Contemporary Business Issues - Module 3

Wed, 01 Oct 2025 15:51:54 GMT

CPA Australia Contemporary Business Issues — Module 3: Contemporary Human Resource Management.

Listen-along study episode covering strategic people management, workforce diversity, changing work, knowledge sharing, and the accountant’s role in HR.

📘 More CPA exam prep resources:

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What this episode covers

• Human resource management as a strategic function, not just an HR department

• People as human capital and how they contribute to organisational performance

• Workforce diversity: advantages and the risks of poor management

• How work is changing: hybrid and remote work, contingent labour, and automation

• Knowledge sharing as a source of competitive advantage

• The accountant’s role in people management — directly and in support of others

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Contemporary Business Issues - Module 2

Tue, 30 Sep 2025 02:36:20 GMT

CPA Australia Contemporary Business Issues — Module 2: Contemporary Business Models and Financing.

Listen-along study episode covering new business models, the sharing economy, alternative financing, social entrepreneurship, and microfinance.

📘 More CPA exam prep resources:

https://cpacopilot.net/

What this episode covers

• What a business model is, and how innovation reshapes systems, products and customer experience

• The sharing economy and platform-based disruption

• Financing new ventures: crowd-source funding and marketplace funding

• Social entrepreneurship and measuring social outcomes

• Microfinance and financial inclusion for disadvantaged communities

• How new business approaches are influencing traditional organisations

#CPAAustralia #ContemporaryBusinessIssues #CPAexam

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Contemporary Business Issues - Module 1

Sat, 27 Sep 2025 08:55:52 GMT

CPA Australia Contemporary Business Issues — Module 1: Future Accounting Skills.

Listen-along study episode covering drivers of change, the strategic adviser role, and the business, behavioural and leadership skills a future-focused accountant needs.

📘 More CPA exam prep resources:

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What this episode covers

• Drivers of change in the accounting profession

• Why record-and-report is too narrow a view of the accountant’s role

• The accountant as strategic business adviser

• Automation, AI and innovative business models

• Business skills: how organisations work and how to support strategy

• Behavioural skills: problem solving, communication, collaboration and ethics

• Leadership at every level of the organisation

#CPAAustralia #ContemporaryBusinessIssues #CPAexam

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Financial Reporting - Module 7

Thu, 25 Sep 2025 10:29:05 GMT

CPA Australia Financial Reporting — Module 7: Impairment of Assets.

Listen-along study episode covering IAS 36, recoverable amount, individual-asset tests, and cash-generating units.

📘 FR Index — 441 key terms with study-guide page refs:

https://buymeacoffee.com/cpaexamguide...

More CPA exam prep: https://cpacopilot.net/

What this episode covers

• The IAS 36 rule: carrying amount cannot exceed recoverable amount

• Identifying assets that may be impaired

• Recoverable amount: fair value less costs of disposal vs value in use

• Impairment of individual assets

• Cash-generating units (CGUs) and how the test is applied to groups of assets

• Impairment disclosures

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Countdown to 2027: IFRS 18, 19, and the Amendments in Between

Mon, 22 Sep 2025 03:39:44 GMT

Global financial reporting is transforming. IFRS 18 (2027) mandates three categories (operating, investing, financing) and new subtotals for comparability. Companies must disclose and audit their Management-defined Performance Measures (MPMs). Separately, IAS 21 amendments (2025) require estimating the spot rate and providing disclosures when currencies lack exchangeability.

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Financial Reporting - Module 6

Wed, 17 Sep 2025 14:11:41 GMT

CPA Australia Financial Reporting — Module 6: Financial Instruments.

Listen-along study episode covering what financial instruments are, IFRS 9 recognition and measurement, hedge accounting, and presentation.

📘 FR Index — 441 key terms with study-guide page refs:

https://buymeacoffee.com/cpaexamguide...

More CPA exam prep: https://cpacopilot.net/

What this episode covers

• What counts as a financial instrument

• Recognition, derecognition and measurement (IFRS 9)

• Classification of financial assets and financial liabilities

• Hedge accounting

• Presentation of financial instruments (IAS 32)

• Key disclosure requirements (IFRS 7)

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Financial Reporting - Module 5

Mon, 15 Sep 2025 10:07:19 GMT

CPA Australia Financial Reporting — Module 5: Business Combinations and Group Accounting.

Listen-along study episode covering IFRS 3, consolidation under IFRS 10, associates (IAS 28), and joint arrangements.

📘 FR Index — 441 key terms with study-guide page refs:

https://buymeacoffee.com/cpaexamguide...

More CPA exam prep: https://cpacopilot.net/

What this episode covers

• The acquisition method under IFRS 3

• Identifying the acquirer, acquisition date, NCI, goodwill and bargain purchases

• Consolidated financial statements and control (IFRS 10)

• Eliminating intra-group transactions

• Associates and the equity method (IAS 28)

• Joint operations vs joint ventures (IFRS 11)

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#CPAAustralia #FinancialReporting #CPAexam #Accounting #StudyPodcast

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Mastering CPA Australia Exams: MCQs, ERQs, and Bullet-Proof Exam Day Tactics

Tue, 09 Sep 2025 05:48:04 GMT

Train Exam MCQ at https://cpacopilot.net/ NOW!!!

A crisp, no-fluff coaching session for CPA Australia candidates sitting in-person, open-book exams. In ~30 minutes, we break down exactly how to win across multiple-choice (standard, vignette, and “select-all-that-apply”) and extended-response questions (written and numeric/worksheet style). You’ll learn precise time budgets for a 195-minute paper, how to navigate locked sections, when to use the 5-minute paused break, and the fastest ways to reference your tabbed study guide without burning minutes. We spell out what to bring (government ID, non-programmable calculator, organized printed notes, sealed earplugs) and what to leave out (phones, smartwatches, programmable/graphing calculators, food/drink). Subject nuances are covered: AAA/CBI/FRM = MCQ-only; SMA/FR/GSL/DF = mixed, with DF including multi-option items. Expect interactive mini-quizzes, short reflection pauses, and a finale action checklist you can follow to the letter.

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Financial Reporting - Module 4

Tue, 09 Sep 2025 05:08:44 GMT

CPA Australia Financial Reporting — Module 4: Income Taxes.

Listen-along study episode covering IAS 12, current vs deferred tax, tax bases, temporary differences, and disclosure.

📘 FR Index — 441 key terms with study-guide page refs:

https://buymeacoffee.com/cpaexamguide...

More CPA exam prep: https://cpacopilot.net/

What this episode covers

• Fundamentals of income tax accounting under IAS 12

• The balance sheet method: carrying amount vs tax base

• Temporary differences and deferred tax

• Recognition of deferred tax assets and deferred tax liabilities

• Deferred tax on revalued assets

• How current and deferred tax affect profit and financial position

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#CPAAustralia #FinancialReporting #CPAexam #Accounting #StudyPodcast

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Financial Reporting - Module 3

Mon, 01 Sep 2025 16:34:53 GMT

CPA Australia Financial Reporting — Module 3: Revenue, Provisions and Contingencies.

Listen-along study episode covering IFRS 15’s five-step model, IAS 37 provisions, and contingent assets and liabilities.

📘 FR Index — 441 key terms with study-guide page refs:

https://buymeacoffee.com/cpaexamguide...

More CPA exam prep: https://cpacopilot.net/

What this episode covers

• IFRS 15 Revenue from Contracts with Customers

• The five-step revenue recognition model

• When and how remaining contract revenue is recognised

• Provisions: present obligation, measurement and discounting (IAS 37)

• Contingent liabilities and contingent assets

• Disclosures that help users understand timing, amount and uncertainty

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#CPAAustralia #FinancialReporting #CPAexam #Accounting #StudyPodcast

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Financial Reporting - Module 2

Sun, 24 Aug 2025 14:50:28 GMT

CPA Australia Financial Reporting — Module 2: Presentation of Financial Statements.

Listen-along study episode covering IAS 1, the full set of statements, accounting policies, events after reporting date, and cash flows.

📘 FR Index — 441 key terms with study-guide page refs:

https://buymeacoffee.com/cpaexamguide...

More CPA exam prep: https://cpacopilot.net/

What this episode covers

• Overall presentation requirements in IAS 1

• Accounting policies, estimates and errors (IAS 8)

• Events after the reporting period (IAS 10)

• Statement of profit or loss and other comprehensive income

• Statement of changes in equity

• Statement of financial position

• Statement of cash flows (IAS 7)

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Financial Reporting - Module 1

Fri, 22 Aug 2025 04:37:13 GMT

CPA Australia Financial Reporting — Module 1: The Role and Importance of Financial Reporting.

Listen-along study episode covering general purpose financial statements, the Conceptual Framework, qualitative characteristics, and measurement.

📘 FR Index — 441 key terms with study-guide page refs:

https://buymeacoffee.com/cpaexamguide...

More CPA exam prep: https://cpacopilot.net/

What this episode covers

• Why general purpose financial statements exist, and who uses them

• Financial reporting in an international IFRS context

• The IASB Conceptual Framework: objective and limitations of GPFSs

• Qualitative characteristics of useful financial information

• Definitions, recognition and measurement of the elements

• Materiality, mixed measurement (cost and fair value), and professional judgement

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Ethics and Governance - Module 5

Thu, 07 Aug 2025 15:59:57 GMT

Module 5: Corporate Social Responsibility and Sustainability — from the CPA Australia Ethics & Governance subject.

In this episode we break down the key ideas of Module 5: corporate social responsibility, the triple bottom line, sustainability and ESG, stakeholder engagement, sustainability reporting frameworks, and the accountant's role in responsible business. Perfect for listening on the go during your exam prep.

🎧 Study companion for CPA Australia Ethics & Governance candidates.

📘 Speed up your revision with the CPA Copilot Ethics & Governance Index — 562 key terms with definitions and study-guide page references: https://buymeacoffee.com/cpaexamguide...

👉 More CPA exam prep resources: https://cpacopilot.net/

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#CPAAustralia #EthicsAndGovernance #CPAexam #Accounting #StudyPodcast

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Ethics and Governance - Module 4

Wed, 25 Jun 2025 14:22:53 GMT

Module 4: Governance in Practice — from the CPA Australia Ethics & Governance subject.

In this episode we break down the key ideas of Module 4: the role and structure of the board, directors' duties and responsibilities, board committees, executive remuneration, risk management and internal control, and the mechanisms that make governance work in real organisations. Perfect for listening on the go during your exam prep.

🎧 Study companion for CPA Australia Ethics & Governance candidates.

📘 Speed up your revision with the CPA Copilot Ethics & Governance Index — 562 key terms with definitions and study-guide page references: https://buymeacoffee.com/cpaexamguide...

👉 More CPA exam prep resources: https://cpacopilot.net/

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#CPAAustralia #EthicsAndGovernance #CPAexam #Accounting #StudyPodcast

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Ethics and Governance - Module 3

Sat, 21 Jun 2025 15:13:36 GMT

Module 3: Governance Concepts — from the CPA Australia Ethics & Governance subject.

In this episode we break down the key ideas of Module 3: what corporate governance is, agency theory and stakeholder theory, governance frameworks and models, the role of regulation and codes, and how governance systems differ across jurisdictions. Perfect for listening on the go during your exam prep.

🎧 Study companion for CPA Australia Ethics & Governance candidates.

📘 Speed up your revision with the CPA Copilot Ethics & Governance Index — 562 key terms with definitions and study-guide page references: https://buymeacoffee.com/cpaexamguide...

👉 More CPA exam prep resources: https://cpacopilot.net/

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#CPAAustralia #EthicsAndGovernance #CPAexam #Accounting #StudyPodcast

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Ethics and Governance - Module 2

Thu, 19 Jun 2025 16:29:07 GMT

In this episode we break down the key ideas of Module 2: ethical theories and frameworks, the difference between ethics and the law, professional ethics for accountants, APES 110 and the fundamental principles, threats and safeguards, and ethical decision-making models. Perfect for listening on the go during your exam prep.

🎧 Study companion for CPA Australia Ethics & Governance candidates.

📘 Speed up your revision with the CPA Copilot Ethics & Governance Index — 562 key terms with definitions and study-guide page references: https://buymeacoffee.com/cpaexamguide...

👉 More CPA exam prep resources: https://cpacopilot.net/

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#CPAAustralia #EthicsAndGovernance #CPAexam #Accounting #StudyPodcast

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Ethics and Governance - Module 1

Thu, 19 Jun 2025 16:17:28 GMT

Module 1: Accounting and Society — from the CPA Australia Ethics & Governance subject.

In this episode we break down the key ideas of Module 1: the role of accounting in society, the accounting profession, professional accountability, and why ethics and governance matter to the work of a professional accountant. Perfect for listening on the go during your exam prep.

🎧 Study companion for CPA Australia Ethics & Governance candidates.

📘 Speed up your revision with the CPA Copilot Ethics & Governance Index — 562 key terms with definitions and study-guide page references: https://buymeacoffee.com/cpaexamguide...

👉 More CPA exam prep resources: https://cpacopilot.net/

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#CPAAustralia #EthicsAndGovernance #CPAexam #Accounting #StudyPodcast

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Ethics and Governance - An Overview

Thu, 19 Jun 2025 16:03:14 GMT

CPACopilot is live — practice CPA Australia MCQs now: https://cpacopilot.net/

Feeling overwhelmed by complex business topics? This is the first episode in our Ethics and Governance series, designed to give you a comprehensive overview and a roadmap for this critical subject. It's essential for anyone making decisions that affect organizations or society. We tackle why trust is foundational yet often challenged, exploring how ethical breakdowns lead to greater oversight.

You’ll gain analytical skills and decision-making tools, from applying the CPA 110 Code of Ethics in real-world dilemmas like greenwashing, to understanding corporate governance structures, board diversity, and risk management. We also expand on corporate accountability, covering sustainability and ESG factors, crucial for long-term value beyond financials. Tune in to explore how these principles translate into real consequences and empower you for genuine ethical leadership.

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