Applying for a public practice certificate

If you provide public accounting services into Australia or New Zealand and earn more than $10,000 gross in fees each calendar year, you must hold a public practice certificate. This requirement applies to all members, no matter where in the world you are located.

If you earn between $10,000 and $45,000 gross fees per calendar year, you may apply for a limited public practice certificate. If you earn more than $45,000 gross fees per calendar year, you must apply for a public practice certificate.

If you are a CPA or FCPA providing public accounting services and you do not earn more than $10,000 gross fees each calendar year, you do not need to obtain a public practice certificate, as long as you do not advertise or hold your services out to the public. However, you must hold professional indemnity insurance. Please also note that there is a requirement to hold a public practice certificate if you are conducting audits of self-managed superannuation funds, irrespective of the fees earned.

CPA Australia members who do not provide public accounting services into Australia or New Zealand but who are interested in public practice and are based outside Australia or New Zealand may enrol in the distance learning program. Enrolment includes introductory information on the requirements to practice as an accountant in Hong Kong, Malaysia, New Zealand and Singapore.

To apply for a public practice certificate, you must successfully complete the Public Practice Program.

The Public Practice Program has two components:

The Public Practice Program has been developed to help members establish themselves in public practice. It builds on the technical expertise and experience gained from the CPA Program and through hands-on business experience. It focuses on non-technical skills such as strategic planning, marketing, risk management and practice development.

Applications

You must apply for a public practice certificate within eight years of passing the exam for the Practice Management distance learning subject. A Public Practice Program Intensive workshop must also be attended within the eight-year timeframe. You must also:

  • pass the Advanced Taxation segment of the CPA Program
  • have the required practical experience as stated in By-Law 9.4
  • hold appropriate professional indemnity insurance
  • agree to comply with the Quality Review Program.

To apply for a public practice certificate you should complete the application form.