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Dear xxxxxxxxxx
Thank you for your email. Let me try to clarify.
A maximum of two professional level exemptions may be granted on the basis of equivalent prior learning.
Only elective segments available in the current professional level of CPA Program are considered:
•advanced audit and assurance
•advanced taxation
•contemporary business issues
•financial risk management
No exemptions will be granted for the compulsory professional level segments.
Please note that these exemptions are only available to candidates who met CPA Australia’s educational requirements for for the core knowledge areas of taxation and auditing prior to the commencement of the professional level.
Exemptions for elective segments will be granted for prior learning assessed as being of equivalent content and depth. Prior learning can be postgraduate tertiary education or equivalent professional qualifications.
Courses and subjects accredited by CPA Australia for exemption at the foundation level (including the taxation and auditing core knowledge areas) are not eligible for exemption in the professional level.
To apply for an exemption from the professional level elective segment there is no application form, what you will need to do is write a cover letter containing your name and membership ID number, you will need to request a review of your file, advise which subjects you would like to be exempted from and why (e.g. 'I have complete this subject in my Masters'), then you will need to provide certified copies of official academic records showing you have successfully complete the units of study at a Master Degree study level, and provide a course outline of the subjects so we can determine if the units you completed cover the same content offered in the CPA program.
You will then need to post the letter and documents to:
CPA Australia
attn: Admission
GPO Box 2820
Melbourne VIC 3001
Once you the documentation has been received CPA Australia request 10 business days to complete a review, then you will be emailed a review outcome letter.
Kind Regards,
Tim Bolitho | Member Advisory Consultant | Member Advisory Information Services | CPA Australia
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