1 Risk Management Frameworks and Enterprise Risk20%
2 Foreign Exchange Risk and Hedging25%
3 Interest Rate Risk and Derivatives25%
4 Commodity and Other Financial Risks15%
5 Treasury Management and Financing15%
Exam Details
Question TypesMultiple Choice, Extended Response, Case Study Scenarios
FormatOnline, open book, 3-hour computer-based exam with scenario-based questions
Online ProctoringAvailable
ID RequirementsValid government-issued photo ID required. Name must match CPA Australia membership registration.
RenewalRequired -- CPA designation requires 3 years of relevant work experience for conferral. Ongoing: CPA Australia members must complete 40 hours of CPD annually (20 hours verifiable) to maintain CPA designation. Annual membership renewal required.
PrerequisitesCPA Australia candidate enrolment and foundation requirements required.
Retake PolicyCandidates who fail may re-enrol in the segment and resit. Full segment fee applies for re-enrolment. No limit on the number of attempts per segment.