Course Title: CPA Financial Risk Management

Part A: Course Overview

Course Title: CPA Financial Risk Management

Credit Points: 12

Flexible Terms

Course Code




Learning Mode

Teaching Period(s)


City Campus


615H Accounting


PGRDFlex18 (ZZZZ),

PGRDFlex18 (All)

Course Coordinator: Dr Kevin Adams

Course Coordinator Phone: 99255760

Course Coordinator Email:

Course Coordinator Location: Building 80

Course Coordinator Availability: By appointment

Pre-requisite Courses and Assumed Knowledge and Capabilities



Students must be an Associate Member of CPA Australia and be concurrently enrolled in the segment with CPA Australia


Assumed Knowledge and Capabilities
You are expected to have the knowledge and capabilities equivalent to an undergraduate degree or major in accounting or a post graduate certificate or diploma in accounting.

Course Description

This is a core course in the Master of Professional Accounting (CPA Australia Extension) degree. This course develops your understanding of, and the skills required to apply, appropriate financial risk management strategies to address an organisation’s financial risk. This course integrates the materials from the CPA Program Professional Level segment titled ‘Financial Risk Management’ and prepares you for the CPA examination.

Objectives/Learning Outcomes/Capability Development


 On completion of this course you will be able to:

  1. identify the types of financial risk faced by an organisation
  2. apply a practical approach to assessing, monitoring and managing an organisation’s financial risk
  3. understand the funding, liquidity, interest rate, foreign exchange, commodity price and operational risk faced by organisations
  4. advise an organisation on the procurement and management of funding and the allocation to competing long-term investments
  5. advise an organisation on the types of financial instruments that could be used to best manage an organisation’s financial risk
  6. demonstrate the practical elements of accounting for derivatives, for both embedded derivatives and derivatives used for hedging purposes
  7. explain a practical risk management approach and control framework to manage both financial and operational risks

Overview of Learning Activities

Learning activities include: face to face workshops, use of online materials and resources, debates, case studies, applied research on current issues, guest speakers and completion of weekly work.

In this course you will be encouraged to be an active learner. Your learning will be supported through various in-class and online activities comprising individual and group work. These may include quizzes; assignments; prescribed readings; sourcing, researching and analysing specific information; solving problems; conducting presentations; producing written work and collaborating with peers on set tasks or projects.

Overview of Learning Resources

RMIT workshop notes and materials, RMIT online resources and CPA Australia materials including sample exam questions.

Various learning resources are available online through myRMIT/Blackboard. In addition to topic notes; assessment details and a study schedule you may also be provided with links to relevant online information; readings; audio and video clips and communication tools to facilitate collaboration with your peers and to share information.

Resources are also available online through RMIT Library databases and other facilities. If you require assistance with the RMIT library facilities contact the Business Liaison Librarian for your school. Contact details for Business Liaison Librarians are located online on the RMIT Library website.

Additional resources and/or sources to assist your learning will be identified by your course coordinator will be made available to you as required during the teaching period.

Overview of Assessment

Assessment 1 - 15%
Linked to CLOs 4, 5, 7

Assessment 2 - 55%
Linked to CLOs 1, 2, 3, 6

Assessment 3 - 30%
Linked to CLOs 1, 2, 3, 4, 5, 6, 7

CPA Australia Program Examination and assessment could include: final examination, case studies, research assignments, participation, debates, group work and tests.