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CPA Australia - CPA Program Scholarship - 2019/20

 

CPA Australia and the Australian Scholarships Foundation (ASF) offer up to five 100% scholarships annually. The purpose of the scholarship is to enable managers and financial officers of registered charitable organisations to enhance their knowledge and skills to further contribute to the management and accountability of charitable not-for-profit organisations.

Scholarship Overview

Internationally recognised, the CPA Program ensures you will be well equipped to tackle any of the challenging accounting, finance or business situations faced in today’s global marketplace. Providing you with more than a technical accounting focus, the CPA Program goes beyond the numbers, teaching the skills to help you reach the next level in leadership, strategy and business.

The CPA Program education component comprises four compulsory subjects (Ethics and Governance, Strategic Management Accounting, Financial Reporting, Global Strategy and Leadership) and two elective subjects*.

The CPA Program scholarship entitles recipients to an exemption from all CPA Program subject fees. The award covers course enrolment fees starting from the date awarded.

 

*If you have already completed recognised studies in tax and auditing, you may choose any elective, otherwise you must select Australia Taxation, or the local taxation variant, and Advanced Audit and Assurance. 

SEMESTER DATES:

Successful applicants in this scholarship round will be given the choice of beginning their studies in either Semester One or Semester Two in 2020.

  • Semester One: starts late January 2020 (date TBC)
  • Semester Two: starts July 2020 (date TBC)

Exact start dates to be announced by CPA in October / November 2019. Click here to see important program-related dates on their website.

 

Program Duration:

Once you have been accepted into the CPA Program*, you have six years to complete the course, including six education subjects and the Your Experience requirement, in order to become a CPA.

Depending on your prior study and work experience, you may gain recognition toward Your experience requirement.

*See Eligibility section below for details on how to gain entry into the program.

 

Program Delivery:

The CPA Program is a flexible distance-learning program that you can complete at your own pace with a range of interactive online study tools. Students are also supported with professional resources and tutorials, as well as study groups.

 

CPA Program Testimonials:

Meredith New

"The CPA Program has consolidated my knowledge and helped me to gain valuable skills that I use in my work every day. Working at a small not-for-profit, it is essential that I have the financial, accounting and business competency which the CPA Program provides. The scholarship has allowed me to work more effectively and bring a greater contribution to the not-for-profit sector."

~ 2019 scholarship recipient - Meredith NewFinance and Compliance Officer at Good2Give

"Getting the scholarship was one of the most exciting things to happen to me in years. Every subject, every module enriches my knowledge and I can see how it can be applied to my day-to-day work. I can definitely see the difference in my decision-making process and the way I see accounting practice now.

The fact that CPA is flexible allows me to use a self-paced approach which has helped me maintain a balance between my personal, work and academic life; being able to be a mum, worker and student all at the same time - who would have thought this would be possible?"

~ 2018 scholarship recipient - Luisa Diaz-Zeledon, Regional Accountant at Anglicare Victoria. Read more about Luisa's story here.

 

Scholarship Inclusions:

There are five 100% scholarships available, which will entitle recipients to enrolment into the six CPA Program subjects, valued at approximately $7,440. The scholarship award does not cover completed subject fees prior to receiving the scholarship, Foundation subjects (if required) or deferral fees.

 

Guidance for Applicants:

The scholarships will be awarded each December. They are effective from the date awarded and will be tenable for six years, subject to the satisfactory progress by the recipients towards the completion of the CPA Program.

The scholarship does not require the recipient to render any service to the donors.

 

Important Scholarship Dates:

Applications open Monday 16 September 2019
Applications close Monday 28 October 2019
Scholarships awarded by Monday 2 December 2019
Semester one begins late January 2020 (date TBC)
Semester two begins July 2020 (date TBC)

Please reserve important dates in your calendar.

 

Eligibility:

To be eligible to apply for a scholarship, applicants must:

  • provide evidence that they are currently employed as managers or financial officers at registered charitable not-for-profit organisations
  • have at least 12 months full-time (or part-time equivalent) accounting work experience and be currently employed at least 17.5 hours per week
  • be Associate members of CPA Australia or assessed as eligible* to join CPA Australia at Associate level:
    • To enrol in the CPA Program, applicants must hold as a minimum an Australian bachelor's degree that is accredited by CPA Australia or an overseas bachelor's degree that CPA Australia has assessed as being comparable to an Australian bachelor's degree.
  • fulfil ASF's general eligibility requirements available on our FAQs page

 

*Scholarship applicants will be assessed for entry into the CPA Program through their scholarship application. Please ensure you have supplied the correct documentation to support your application.

 

Scholar Surveys / Feedback:

All applicants (regardless of the outcome of their application) will be asked to complete a series of surveys about their expected and realised learnings (once before and on a few occasions after the course). Your survey responses will help us to quantify the impact of our scholarships and will help attract funding for education and training for the NFP sector in the future. Your feedback is extremely valuable to the work we do and by completing these surveys you'll be making an important contribution to the future of ASF and the NFP sector overall.

 

Application Process:

To apply for a scholarship, please complete the following steps:
  1. Click 'APPLY NOW' below and follow the prompts to create an ASF profile page (or sign into your existing profile). Ensure you complete all sections (with particular focus on the Short Biography, Employment History and Educational History).
  2. Click on the red 'Make an Application' button and choose 'CPA Program Scholarship - 2019/20' from the drop-down menu. If it isn't listed there, check in the 'My Applications' section just below for the link. This will take you through to the application portal.
  3. When prompted, upload the following supporting documents*:
    • A brief resume
    • A high-quality, 300 DPI coloured scan of your original professional body documents (if held), as follows:
      • Membership certificate
      • Official exam results
    • A high-quality, 300 DPI coloured scan of your original degree award certificate and official itemised transcript, showing subjects passed by year and grades awarded**
    • A detailed endorsement letter from your employer which must be a registered charitable organisation (see #12 of our FAQs for guidance on what to include)
  4. When prompted, complete the online scholarship application form
  5. Submit your application

*Please take note of CPA Australia's requirements for supporting documentation (below).

**Current Associate members of CPA Australia are not required to upload their degree and academic transcripts. 

Need help completing your online application? Download instructions for Creating a Profile Page and Making an Application. 

 

Guidelines for Supporting Documentation:

To be accepted by CPA Australia, supporting documentation (such as academic transcripts, degrees and professional body documents) must be:

  • a resolution of at least 300 DPI
  • coloured scans of the original documentation
  • clear, legible with no cropping or pixelation
  • between 1 and 10 mb in size
  • in the file formats JPEG, GIF, PNG or PDF (with the exception of employment documents and syllabus)

The following document types will not be accepted:

  • scans of certified documents
  • photos of documentation
  • documents ‘scanned’ by apps such as CamScanner
  • documents at a lower than 300 DPI resolution
  • documents that are cropped, blurred, pixelated or altered in contrast or colour levels

 

Selection Process and Committee:

Scholarships will be awarded by the selection committee solely based on the applications received. Decisions of the selection committee will be final.

No correspondence or discussion will be entered into concerning any aspect of the award. The committee is not obliged to award any scholarships.

Award recipients will be announced in CPA Australia’s INTHEBLACK magazine or website and Australian Scholarships Foundation’s website. If you do not want your name published advise the Scholarship Coordinator, CPA Australia on 1300 73 73 73 or Australian Scholarships Foundation on 1300 248 675.

The chairperson of the selection committee will submit a brief report each year to the CPA Australia Board of Directors.

 

More Information:

For more information about the CPA Program, please visit CPA Australia's website or attend an upcoming information session. For any queries regarding the CPA Program or eligibility requirements, contact CPA Australia via MemberService@cpaaustralia.com.au.

Have application questions? Check our FAQs page for answers to the most common questions. Or if you need assistance with the application process, please contact us.



Applications for the 2020 CPA Program Scholarships close Monday 28 October 2019 at 5pm AEDT.


Selection Criteria
Before you apply for the CPA Australia - CPA Program Scholarship, you should check that you satisfy the entry criteria for the Program as set out on the CPA Australia website (www.cpaaustralia.com.au), as well as any other requirements of the program. The scholarship will only be awarded to persons eligible for admission to the CPA Program. CPA Australia also requires the following: applicants must be Associate members of CPA Australia or assessed as eligible to join CPA Australia at Associate level; applicants must supply a certified copy of their degree if they are not Associate members of CPA Australia; applicants must supply a certified copy of their transcripts if they are not Associate members of CPA Australia. Eligibility: The Scholarship is awarded jointly by ASF and CPA Australia to applicants who are Australian citizens or permanent residents employed by a charitable not-for-profit organisation and whose completion of the program would, in ASF's view, benefit their employing NFP organisation. Selection is based on the applicant meeting the CPA Program's entry requirements for the nominated program and written reference from the respective charitable organisation.
Closing Date : 28/10/2019
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