CPA Australia video lessons
24 short animated lessons across 8 CPA Australia subjects, each built around one case or one exam question. The first lesson in every subject is free to watch without an account, and every lesson has its full transcript.
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One for each subject. No account needed.
2:30Foundations of Accounting
Which Side Goes Up?
1:48Financial Accounting and Reporting
What Makes Numbers Useful
2:11Management Accounting
The $2,500 Overhead Gap
2:18Business Finance
One WACC, Three Wrong Turns
1:16Ethics and Governance
The Ethics Toolkit
3:10Financial Reporting
The Profit That Isn't There Yet
1:54Strategic Management Accounting
The Variance That Hid a Good Month
1:30Global Strategy and Leadership
Outside In: PESTEL and Five Forces
Foundation exams
Foundations of Accounting
Subject pageFinancial Accounting and Reporting
Subject pageManagement Accounting
Subject pageCPA Program subjects
Ethics and Governance
All 5 lessons- 1:16
Module 2: Ethics
The Ethics Toolkit
An audit manager owns shares in her client. Five principles, the five threats (S·S·A·F·I) and the three-step conceptual framework, in one case.
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2:58Module 4: Governance in practice
Four Decisions That Broke a Board
A fictional listed miner, four board decisions, four directors' duties: conflicts (s 191, s 195), proper purpose (s 181), reading the accounts (s 180, s 189) and insolvent trading (s 588G).
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1:22Module 3: Governance concepts
Right Verdict, Wrong Reason
One audit committee question, four options and one trap: an answer with the right conclusion and the wrong reason is still wrong. ASX Recommendation 4.1.
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1:23Module 5: Corporate accountability
Why Everyone Copies
Three pressures make organizations look alike: coercive, normative and mimetic. One sustainability report question, and how to tell them apart.
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2:01Module 1: Accounting and society
The Auditor Who Stayed Quiet
A fictional auditor sees client money misused and stays quiet. Registration, the 28-day duty to notify ASIC, who disciplines auditors, enforceable undertakings and Caparo.
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Financial Reporting
All 6 lessons- 3:10
Module 5: Business combinations and group accounting
The Profit That Isn't There Yet
A parent sells $100,000 of stock to its subsidiary. Eliminate the whole sale, defer the profit still in inventory, then tax-effect it, worked step by step to the full consolidation entry.
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2:14Module 5: Business combinations and group accounting
The $7,500 Comes Back
The year after: rebuild last year's adjustment in opening retained earnings, release the profit through cost of sales, and see why direction matters once there is NCI.
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2:00Module 4: Income taxes
Deferred Tax in Four Boxes
Compare carrying amount with tax base and deferred tax falls into four boxes. Equipment, rent in advance, a leave provision and the goodwill exception.
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1:21Module 6: Financial instruments
Asset or Liability? P&L or OCI?
An undesignated forward contract, four answers and two decisions: is it an asset or a liability, and does the gain go to profit or loss or OCI?
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2:19Module 7: Impairment of assets
Higher of Two, Goodwill First
A machine carried above what it can recover: the higher of fair value less costs of disposal and value in use, what value in use leaves out, and a CGU loss that hits goodwill first.
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2:01Module 3: Revenue; provisions and contingencies
Five Steps, One Bundle
AASB 15's five steps on one $120,000 software bundle: three performance obligations, a residual price for the license, and support recognized over three years.
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Strategic Management Accounting
All 5 lessons- 1:54
Module 3: Planning, budgeting and forecasting
The Variance That Hid a Good Month
Profit is $17,000 under budget, but volume was up. Flex the budget, then split the sales volume variance from price and cost variances.
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1:24Module 5: Performance management
Four Questions a Scorecard Asks
The balanced scorecard's four perspectives, read bottom up as a strategy map. Why lower measures lead and profit lags.
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1:22Module 5: Performance management
The Residual Income Trap
What profit meets a residual income target? Three wrong answers, three ways to slip on the same formula.
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1:35Module 6: Tools for creating and managing value
25% of What?
Target costing works back from the price. A profit of 25% of cost means dividing by 1.25, not multiplying by 0.75, and three answers that misread it.
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1:46Module 4: Project management
Four Forecasts, One Project
Earned value: four estimates at completion, one assumption. When cost efficiency continues, divide the budget by the CPI.
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Global Strategy and Leadership
All 4 lessons- 1:30
Module 2: Understanding the external environment
Outside In: PESTEL and Five Forces
Two rings around one brewery: PESTEL forces that hit every firm, and the five forces that set an industry's profit. How to tell which ring a fact belongs in.
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1:19Module 5: Strategy development
Four Rules, Four Answers
Four plant options and no probabilities. Maximin, maximax, averages and minimax regret each pick a different plant; only one answers the question.
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1:47Module 3: Understanding the internal environment
Four Resources, One Advantage
Barney's VRIO on four winery resources: two buy only parity, an expiring patent gives a temporary edge, and one old vineyard passes all four questions.
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2:09Module 6: Strategy implementation
Eight Stages at Bilby Telecom
A fictional telco moves customer service into an app, one Kotter stage at a time: urgency to culture, why declaring victory too soon fails, and Lewin's refreezing.
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