Public practice program eLearning

Content Summary

About the course

This course is designed to be taken on demand, on any device, at any time. Each module will be assessed, but the modules can be completed in any order.

Successful completion of the eLearning course is one of the prerequisites for obtaining a public practice certificate to offer public accounting services in Australia or New Zealand.

The program may also be suitable for members based outside Australia or New Zealand who are interested in learning more about the professional and ethical requirements of working in public practice in Australia and NZ.

Select your location to register and enroll

Course structure

Each eLearning module has a corresponding multiple-choice question assessment which requires a 75 per cent pass mark to succeed.

- List the general CPA Australia By-Law requirements for the provision of PAS
- List the requirements of specific PAS
- List the requirements of the APES 210 Conformity with Auditing and Assurance Standards
- List the requirements of the APES 215 Forensic Accounting Services
- List the requirements of the APES 220 Taxation Services
- List the requirements of the APES 225 Valuation Services
- List the requirements of the APES 230 Financial Planning Services
- List the requirements of the APES 330 Insolvency Services
- Define Public Accounting Services (PAS)
- List the requirements to hold a Public Practice Certificate (PPC)
- List the features and requirements of Professional Indemnity Insurance (PII) to meet the obligations for PPC holders
- List the requirements of branding as a CPA Australia practice
- Detail the Continuing Professional Development (CPD) requirements of professional accountants
- Describe the Professional Standards Scheme and its benefits for accountants
- Describe CPA Australia's complaints and disciplinary process
- Explain why ethical behaviour is important to a profession
- Define the five fundamental principles of APES 110 Code of Ethics for Professional Accountants (including Independence Standards)
- List the three steps in the conceptual framework in APES 110
- State the reporting requirements for Non-Compliance with Laws and Regulations (NOCLAR)
- Apply the conceptual framework to identify, evaluate and address threats
- Describe the scope, application and requirements of five further ethical standards
- List the requirements of APES 320 Quality Management for Firms that provide Non-Assurance Services (the standard)
- List the requirements of AQSM 1 Quality Management for Firms that Perform Audits or Reviews of Financial Reports and Other Financial Information, or Other Assurance or Related Services Engagements (ASQM 1)
- Describe the scope and objectives of the CPA Australia Best Practice Program
- List the requirements of APES 325 Risk Management for Firms
- List the steps in the risk management process
- Describe how managing client expectations reduces risk
- List the requirements of APES 305 Terms of Engagement
- Describe how terms of engagement can manage risk

Eligibility

You must have CPA or FCPA status or have a non-member agreement with your CPA Program status set to completed.

Assessment

Each module will be separately assessed through a multiple-choice assessment which requires a 75 per cent pass mark. The exam will be open book.

Study materials

There are no additional study materials provided with the eLearning modules. All relevant information will be included in each of the modules to help you complete the assessment.

eLearning

Content Summary

About the course

Select your location to register and enroll

Course structure

Offering Public Accounting Services (PAS) (45 minutes)

Public Practice Certificate (60 minutes)

Ethical Standards (45 minutes)

Quality Management (2 hours)

Risk Management (30 minutes)

Eligibility

Assessment

Study materials

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