CPA Australia · Foundation exams and CPA Program
CPA Australia Exam Prep
Practice questions for the four Foundation exams and the CPA Program subjects, organized by module and weighted the way each exam is. Start any subject with a free 30-question diagnostic that scores every module, then practice where you are weakest. Financial Reporting includes worksheet items typed into a grid, like the real exam.
1600 original questions across 8 subjects.
Foundation exams
100 multiple-choice questions, 195 minutes, closed book, on demand at Pearson VUE. At most 4 attempts per exam, 30 days apart.
Foundations of Accounting
Double entry, accruals, inventories, property, plant and equipment, internal control and basic financial statements.
7 modules · 200 practice questions
Financial Accounting and Reporting
The reporting environment, accounting theory, financial statements, specific IFRS standards, business combinations and ratio analysis.
6 modules · 200 practice questions
Management Accounting
Cost behavior and CVP, product costing, budgets and variances, performance measurement, and short- and long-term decisions.
7 modules · 200 practice questions
Business Finance
Markets, time value of money and CAPM, the cost of finance and WACC, working capital, capital structure, investment appraisal and risk.
9 modules · 200 practice questions
CPA Program subjects
Open book, 195 minutes, two exam windows a year. Semester 1 2027: enrolment opens 30 November 2026, exams 12–27 April 2027.
Ethics and Governance
The profession and its regulators, APES 110 and ethical decision making, corporate governance, directors’ duties and corporate accountability.
5 modules · 200 practice questions
Financial Reporting
IFRS in practice: presentation, revenue and provisions, income taxes, group accounting, financial instruments and impairment.
7 modules · 200 practice questions · worksheet items
Strategic Management Accounting
Value creation, information for decisions, budgeting and variances, project management, performance management and value-management tools.
6 modules · 200 practice questions · worksheet items
Global Strategy and Leadership
Strategy and leadership, the external and internal environment, growth, the strategic plan, implementation and leading change, with pre-seen case studies.
7 modules · 200 practice questions
Free diagnostic
30 questions to each subject’s module weights, with a score per module.
Practice by module
Quick 10, module sets and your wrong questions, each explained with the paragraph it rests on.
Worksheet items
Financial Reporting numeric grids, graded cell by cell, with the correct figure beside each miss.
Mock papers
Timed papers drawn to the module weights, reviewed question by question.
Frequently asked questions
What are the CPA Australia Foundation exams?
They cover the knowledge you need to start the CPA Program if your degree did not. There are four: Foundations of Accounting, Financial Accounting and Reporting, Management Accounting, and Business Finance. Each is 100 multiple-choice questions in 195 minutes, closed book, booked on demand at Pearson VUE. You can sit each one at most four times, at least 30 days apart.
What is the pass mark for CPA Australia exams?
Results are scaled from 100 to 900 and 540 is a pass, for the Foundation exams and the CPA Program subjects alike. CPA Australia does not publish the raw mark behind a scaled score.
How is Financial Reporting different from the other subjects?
Besides multiple-choice questions, the Financial Reporting exam has worksheet items: you read case facts and type numeric answers into a grid, such as consolidation entries or a deferred tax schedule. Our Financial Reporting practice includes worksheet items in the same format, graded cell by cell.
Are these official CPA Australia questions?
No. EstatePass is not affiliated with CPA Australia. Every question is written by EstatePass from public standards (IFRS and AASB), legislation and the published exam outlines, and each explanation cites the paragraph or section it rests on. None comes from CPA Australia study guides, exams or recalled papers.
When is the next CPA Program exam window?
Semester 1 2027: enrolment opens 30 November 2026 and exams run 12–27 April 2027, with results on 4 June 2027. Check CPA Australia's important dates page before you plan around them.
Dates and exam rules fromcpaaustralia.com.au · EstatePass is not affiliated with CPA Australia.
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