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There are few ways to get CA subject exemptions
a) Completed CIMA program to obtain MAAF subject exemption
b) Completed Tax Institute of Australia CTA 2A & CTA 2B subjects to get CA Tax subject exemption and CPA tax exemption
c) Completed the required subjects in Masters of Taxation ( to get CA Tax subject exemption). Typically around 4 subjects
d) Completed the India's CA program (to get CA exemptions on all technical modules)
http://www.charteredaccountants.com.au/Candidates/The-Chartered-Accountants-Program/Graduate-Diploma-of-Chartered-Accounting/Exemptions
Having said that, for potential candidates, here are the number of routes available
a) Completed the longest route (complete the CPA program and then complete the CA program). i.e. 11 subjects
b) Another very long route - Completed the Tax institute CTA 2A & CTA 2B, claim the exemption from CPA tax module. Then finish the remaining 5 subjects from the CPA program. Claim the tax subject exemption from the CA program and then complete the remaining 4 CA subjects
c) Do the CA program instead of the CPA program. i.e. 5 subjects
d) Do some subjects from CPA program without finishing the whole program and switch to do the CA program
e) Another long route (complete the required tax subjects from Master of tax) and claim the CA tax subject exemption i.e. to complete around 8 subjects (4 from CA program and 4 from masters of tax)
f) The longest route (complete CIMA program) before starting the CA program
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