CPA Program
CPA Program notes, practice exams and flashcards
Condensed notes, full-length practice exams with worked solutions, and smart flashcards for all 10 subjects. Study the parts that matter, in the time you have.
Every subject comes in three packs: exam pack $45, study pack $95, and full pack $120 AUD, which saves $20. Each pack is a PDF you download straight after checkout.
How it works
How the CPA Program works
The CPA Program is a set of subjects you study and sit one at a time, each with its own exam. Most candidates complete six subjects: four compulsory, and two electives you choose from the rest.
The four compulsory subjects
6 subjectsthe usual load to complete the program
A common path is to start with Ethics and Governance, since its ideas run through everything else, and to leave Global Strategy and Leadership until last, since it pulls the other subjects together. Your two electives sit in between, in whatever order fits your work.
Most people study part time, a few evenings and a weekend session across each study period.
Choose two
Choosing your two electives
You only need two. Pick the ones that match your work and where you want to go. Here is who each one tends to suit.
- 01
Australia Taxation
A solid default if you work in or are moving into tax, business services, or advisory.
- 02
Australia Taxation Advanced
The natural follow-on if you take Australia Taxation and want to specialise further in tax.
- 03
Advanced Audit and Assurance
Best suited to anyone working in external or internal audit and assurance.
- 04
Financial Risk Management
A good match for banking, treasury, and risk roles, and anyone comfortable with numbers.
- 05
Contemporary Business Issues
A broad, reading-led subject for a wide view of where the profession is heading.
- 06
Digital Finance
For anyone interested in the technology, data, and finance side of the modern finance function.
This is general guidance to help you choose, not advice from any professional body. Always check the current subject list before you enrol.
The full set
Notes and exams, subject by subject
We make notes and exams for all ten subjects, so you can cover the compulsory subjects and pick the electives that suit you.
Compulsory subjects
Ethics and Governance
Condensed notes and practice questions for the ethics and governance subject.
View notes and exams
Strategic Management Accounting
The core models and calculations for strategic management accounting, on fewer pages.
View notes and exams
Financial Reporting
Standards, worked examples and practice exams for financial reporting.
View notes and exams
Global Strategy and Leadership
Frameworks and case practice for the global strategy and leadership subject.
View notes and exams
Elective subjects
Australia Taxation
The rules that come up most, condensed, with practice questions for Australia Taxation.
View notes and exams
Australia Taxation Advanced
Advanced tax topics distilled into notes and mock exams.
View notes and exams
Advanced Audit and Assurance
Audit approach, standards and practice scenarios for advanced audit and assurance.
View notes and exams
Financial Risk Management
Key risk concepts and calculations for financial risk management, on one tight set of notes.
View notes and exams
Contemporary Business Issues
A clear summary of the themes and readings for contemporary business issues.
View notes and exams
Digital Finance
The technology and finance concepts you need for digital finance, plainly explained.
View notes and exams
Every pack
What's inside every subject
Each subject is built from the actual exam content, then condensed to the parts that earn marks. The same core set, subject by subject.
Condensed notes
The whole subject rewritten tight, so you read the parts that matter and skip the padding.
Practice exams
Full-length exams with worked solutions, so you see how the marks are actually awarded.
Smart flashcards
The definitions, formulas and triggers worth memorising, ready for the last week before the exam.
Exam-day cheat sheet
Every formula and key rule on one page, the sheet you want in front of you on the day.
Study method
How to study around a full-time job
You are studying nights and weekends. These few habits do most of the work.
Study in focused blocks
Short, planned sessions beat long, tired ones. A couple of weeknights and one weekend block each week adds up fast.
Sit one subject at a time
Give each subject its own study period. One exam to prepare for means deeper practice and less to hold in your head.
Practise under real timing
Sit at least one full practice exam to the clock before the day, so the real one holds no surprises.
Good to know
Common questions
Do I have to study all ten subjects?
No. Most candidates complete six: the four compulsory subjects and two electives. We make notes and exams for all ten so you can cover the compulsory subjects and choose the electives that suit you.
Which subject should I start with?
Many people start with Ethics and Governance and leave Global Strategy and Leadership until last. Beyond that, sit the subjects in whatever order fits your work and study periods.
Are these official CPA Program materials?
No. Summo Notes is an independent study resource and is not affiliated with or endorsed by any professional body. Every note and exam is written from scratch.
How do I get the notes after I buy?
Checkout is handled by Lemon Squeezy and your PDFs download straight away, so you can start studying the same day on any device.
Can I buy just the practice exams?
Yes. Each subject comes as a separate notes pack and exam pack, or as a full pack with both together.
Start with the subject you are sitting next
Pick your subject, see what is inside the pack, and study the parts that matter.
These materials are written for candidates studying the CPA Program. Summo Notes is an independent study resource and is not affiliated with or endorsed by any professional body. Notes for FRM and CFA are in production.