City University of Hong Kong (CityU) and CPA Australia have signed a Memorandum of Understanding (MoU) for CPA Program exemption status for two courses offered by CityU’s Department of Information Systems in its Master’s programmes.

Under the MoU, CityU students and CPA Australia members who have completed CityU’s postgraduate courses "Blockchain Technology and Business Applications" and “Foundations of Information and Electronic Business Systems" will be considered to have met the requirements of the Digital Finance subject in CPA Australia's CPA Program and granted an exemption in this subject.

This is CPA Australia’s first collaboration with a university, where an exemption is granted in its CPA Program’s Digital Finance subject for students who have completed the relevant courses in their Master’s programmes. It is also the first time CPA Australia has recognised an information systems programme provider worldwide. 

Professor Jeong Bon Kim, Acting Dean of the College of Business of CityU, said, “Given the rising importance of digital finance in business and innovation, CityU’s College of Business has been enhancing its curriculum to equip our students with cutting-edge knowledge in the digital economy. We are honoured to be the first university worldwide to receive an exemption for the CPA Program’s Digital Finance subject. This is recognition of the College’s efforts to nurture future leaders for the new digital era.”
 
“Our Department of Information Systems under the College of Business is ranked among the very best in the world, and our faculty members are often cited and recognised in the industry. I am confident that our programmes will help students and members of CPA Australia get well-prepared for future challenges,” Professor Kim added. 

Ms Deborah Leung FCPA (Aust.), Executive General Manager International of CPA Australia said, “As one of the world’s largest accounting bodies, CPA Australia’s goal is to prepare our members for today and tomorrow in this globally connected world. We have a trusted relationship with CityU, as we share the same vision of equipping future leaders with a global perspective. CPA Australia is honoured to partner with CityU in offering a CPA program subject exemption for students in the university’s Master’s programme. This is a remarkable milestone, and it will significantly accelerate the career advancement of our young people!” 

About City University of Hong Kong
As one of the fastest-growing universities in the world over the last decade, CityU is recognised as a hub for innovation in research and professional education. Our world-class faculty champion the integration of teaching and research and consistently excel across many key international indicators for research excellence. Focusing on our core mission, we are committed to promoting knowledge and contributing to society through outstanding teaching and research.

About the College of Business, City University of Hong Kong
Established in 1990, the College of Business at City University of Hong Kong comprises six departments: Accountancy, Economics and Finance, Information Systems, Management Sciences, Management, and Marketing. The College offers a full suite of undergraduate, postgraduate and executive programmes to about 5,600 students a year and connects with over 55,000 alumni across the globe. 

The College has gained accreditation from the Association to Advance Collegiate Schools of Business (AACSB) and the EFMD Quality Improvement System (EQUIS), and has been consistently ranked as a world top 50 business school, according to the UT Dallas Top 100 Business School Research Rankings. Find out more at: www.cb.cityu.edu.hk

About CPA Australia
CPA Australia is one of the largest professional accounting bodies in the world, with more than 170,000 members in over 100 countries and regions, including more than 22,200 members in Greater China. CPA Australia has been operating in Hong Kong since 1955 and opened our Hong Kong office in 1989. Our core services include education, training, technical support and advocacy. CPA Australia provides thought leadership on local, national and international issues affecting the accounting profession and public interest. We engage with governments, regulators and industries to advocate policies that stimulate sustainable economic growth and have positive business and public outcomes. Find out more at cpaaustralia.com.au