CPA CONTEMPORARY BUSINESS ISSUES

ACC5CBI

2020

Credit points: 15

Subject outline

The CPA Contemporary Business Issues subject examines a number of contemporary and emerging global issues in order to familiarise you with the business environment you are likely to be operating in as an accountant. More specifically, the aims of the subject are to: a) promote the development of professional values, ethics and attitudes by using complex, real-life sceneries that highlight how professional values, ethics and attitudes underpin all faces of an accountant's work; and b) develop awareness of the origins and effects of contemporary and emerging global issues that are affecting the business environment.



SchoolLa Trobe Business School

Credit points15

Subject Co-ordinatorAxel Schulz

Available to Study Abroad StudentsYes

Subject year levelYear Level 5 - Masters

Exchange StudentsYes

Subject particulars

Subject rules

Prerequisites Must have completed 180 credit points of subjetcs as per the course structure in either LMCPA or LMFAN and seek subject co-ordinator's approval.

Co-requisitesN/A

Incompatible subjectsN/A

Equivalent subjectsN/A

Special conditions All students enrolling in the CPA Professional subjects must first enrol with CPA Australia and provide evidence of associate membership with CPA Australia. The final exam for the CPA Professional subjects is the official CPA Professional Accreditation exam set and graded by CPA Australia. Students failing to pass this exam on the first attempt will be offered a second attempt in lieu of a supplementary exam. All CPA Australia exams are at the student's own cost, exam payments must be made directly to CPA Australia. Students choosing to exit after satisfactorily completing any four LBS subjects (60cps) may exit with a Graduate Certificate in Business. Students choosing to exit after satisfactorily completing any eight LBS subjects (120cps) may exit with a Graduate Diploma in Business. Students failing to satisfactorily complete all six CPA subjects will be able to transfer to complete the generic MPA, where completed CPA subjects will count towards the elective subjects of that degree.

Readings

Resource TypeTitleResource RequirementAuthor and YearPublisher
Discipline SpecificStudy GuidePrescribedCPA AustraliaCPA Australia

Graduate capabilities & intended learning outcomes

01. Challenge assumptions about contemporary and emerging issues, and develop a professional curiosity and attitude towards addressing them appropriately

Activities:
Seminars and online material
Related graduate capabilities and elements:
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
Personal and Professional Skills (Autonomy and independence,Ethical behaviour,Adaptability Skills)
Discipline -Specific Knowledge and Skills (Discipline-Specific Knowledge and Skills)

02. Develop a broader awareness of the origins and effects of contemporary and emerging global issues that are affecting the business environment.

Activities:
Seminars and online material
Related graduate capabilities and elements:
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
Discipline -Specific Knowledge and Skills (Discipline-Specific Knowledge and Skills)

03. Recognise the development of professional values, ethics and attitudes by using complex, real-life scenarios that highlight how professional values, ethics and attitudes underpin all facets of an accountants work

Activities:
Seminars and online material
Related graduate capabilities and elements:
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
Personal and Professional Skills (Autonomy and independence,Ethical behaviour,Adaptability Skills)
Discipline -Specific Knowledge and Skills (Discipline-Specific Knowledge and Skills)

04. Appraise the effects that disclosure requirements will have on financial and non-financial reporting, and consider the overall impact that a shift towards non-financial sustainability and integrated reporting will have on organisations and accounting functions

Activities:
Seminars and online material
Related graduate capabilities and elements:
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
Personal and Professional Skills (Autonomy and independence,Ethical behaviour,Adaptability Skills)
Personal and Professional Skills (Autonomy and independence,Ethical behaviour,Adaptability Skills)
Discipline -Specific Knowledge and Skills (Discipline-Specific Knowledge and Skills)

Subject options

Select to view your study options…

Start date between: and    Key dates

Melbourne, 2020, Week 29-43, Blended

Overview

Online enrolmentNo

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorAxel Schulz

Class requirements

Seminar Week: 30 - 42
Seven 3.0 hours seminar per study period on weekdays at night from week 30 to week 42 and delivered via face-to-face.
"Taught as seven 3-hour face-to-face seminars, plus online material from CPA Australia. Seminar timing will be aligned to match CPA Australia exam dates."

Assessments

Assessment elementComments% ILO*
Final Exam (3 hours 15 minutes) (3250 word equivalent)Hurdle requirement : Students must pass the matching CPA Program Exam to be eligible to pass this subject. The CPA Program Exams are of three hours and 15 minutes duration. CPA Program Exams are Open Book. As this exam forms part of a professional qualification, the required level of performance is high. CPA Program exams are conducted by CPA Australia.70 01, 02, 03, 04
Individual Case Study Assignment (1000 words)Students will prepare an individual case study analysis. This will assist students to prepare for the CPA Exam where case study analysis is an important element.10 01, 02, 03, 04
Group Assignment (500 words per student)Students will work in groups to prepare an in-depth case study analysis. This will assist students to prepare for the CPA Exam where case study analysis is an important element.20 01, 02, 03, 04

Melbourne, 2020, Week 06-24, Blended

Overview

Online enrolmentNo

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorAxel Schulz

Class requirements

Seminar Week: 06 - 18
Seven 3.0 hours seminar per study period on weekdays at night from week 06 to week 18 and delivered via face-to-face.
"Taught as seven 3-hour face-to-face seminars, plus online material from CPA Australia. Seminar timing will be aligned to match CPA Australia exam dates."

Assessments

Assessment elementComments% ILO*
Final Exam (3 hours 15 minutes) (3250 word equivalent)Hurdle requirement : Students must pass the matching CPA Program Exam to be eligible to pass this subject. The CPA Program Exams are of three hours and 15 minutes duration. CPA Program Exams are Open Book. As this exam forms part of a professional qualification, the required level of performance is high. CPA Program exams are conducted by CPA Australia.70 01, 02, 03, 04
Individual Case Study Assignment (1000 words)Students will prepare an individual case study analysis. This will assist students to prepare for the CPA Exam where case study analysis is an important element.10 01, 02, 03, 04
Group Assignment (500 words per student)Students will work in groups to prepare an in-depth case study analysis. This will assist students to prepare for the CPA Exam where case study analysis is an important element.20 01, 02, 03, 04