Share

cover art for Strategic Management Accounting - Module 1

CPA Australia Exam Guide

Strategic Management Accounting - Module 1

Season 4, Ep. 1
•

Module 1 - Introduction to Strategic Management Accounting:

What strategic management accounting is and why it matters: creating sustainable value by supporting strategy (from formation to evaluation) and synthesising financial and non-financial insights for better resource allocation. We cover the shift from scorekeeper to business partner, key challenges and skills, and the core analytical tools used to guide strategic decisions. Exam-focused and practical. Practice MCQs: https://cpacopilot.replit.app/

Disclaimer: This podcast, CPA Australia Exam Guide, is not affiliated with, endorsed by, or sponsored by CPA Australia. All content provided is for general educational and informational purposes only and does not constitute professional advice or official study materials for the CPA Australia Program exams. We respect the intellectual property and copyrights of CPA Australia and strive to comply with all applicable laws. Any references to CPA Australia’s syllabus, study guides, or exam structure are based on publicly available information and are used solely to support candidates’ independent study efforts under fair use principles. Listeners are encouraged to consult CPA Australia’s official resources, available at www.cpaaustralia.com.au, for authoritative guidance. The podcast creators assume no liability for any errors, omissions, or reliance on the content provided. By listening, you agree to use this content at your own risk.

More episodes

View all episodes

  • 4. Strategic Management Accounting - Module 4

    46:57||Season 4, Ep. 4
    Module 4 — Project Management:Turn strategy into successful projects. We define project management, map the life cycle and team roles, choose projects with sound analytics, plan with practical tools, and manage execution, risk, control, and post-completion reviews. Exam-focused and actionable. Practice MCQs: https://cpacopilot.replit.app/

  • 3. Strategic Management Accounting - Module 3

    36:37||Season 4, Ep. 3
    Module 3 — Planning, Budgeting & Forecasting:How to turn strategy into action in uncertain environments. We build the master budget (operational + financial), link short-term plans to long-term goals, use forecasts and variance analysis for control, and address behavioural pitfalls. We also compare zero-based, activity-based, and rolling approaches. Practice MCQs: https://cpacopilot.replit.app/.

  • 2. Strategic Management Accounting - Module 2

    47:23||Season 4, Ep. 2
    Module 2 — Information for Decision-Making:Turn data into decisions. We cover the data→information→knowledge chain, the Global Management Accounting Principles, and how to meet different information needs across managers, investors, and creditors. Learn the role of TPS/ERP/DSS, how to judge information quality (incl. big data limits), and how management accountants act as trusted advisers who align insights with strategy and push for better systems. Practice MCQs: https://cpacopilot.replit.app/

  • 5. Contemporary Business Issues - Module 5

    27:47||Season 3, Ep. 5
    Module 5 — Contemporary Stakeholder Management:How to balance competing stakeholder needs over time, protect reputation and long-term value, and earn a social licence to operate. We cover CSR, legitimacy, crisis response, and modern communication (incl. social media) plus ways to embed stakeholders in decisions. Exam-focused takeaways. Practice MCQs: https://cpacopilot.replit.app/

  • 4. Contemporary Business Issues - Module 4

    31:32||Season 3, Ep. 4
    Module 4 — Future of Natural Resource Management:Assess how organisations use and secure natural resources, measure the impact of scarcity on performance, and choose practical strategies—efficiency, substitution, recycling, and circular models—to manage risk and cost. Exam-focused takeaways with real-world examples. Practice MCQs: https://cpacopilot.replit.app/.

  • 3. Contemporary Business Issues - Module 3

    30:43||Season 3, Ep. 3
    Module 3 — Contemporary Human Resource Management:What modern HRM looks like in practice: attracting and retaining talent, empowering people, and building culture. We assess a diverse workforce, ageing and diversity trends, flexible work, automation, and knowledge sharing—and link these to different business models and the sharing economy. Includes the accountant’s role in HR metrics. Practice MCQs: https://cpacopilot.replit.app/

  • 2. Contemporary Business Issues - Module 2

    29:04||Season 3, Ep. 2
    Module 2 — Contemporary Business Models & Financing:How modern and alternative models create value, how financing choices align with strategy and entrepreneurship, and how to assess emerging options (e.g., crowdfunding, venture debt, platforms). We contrast incremental vs radical innovation and link funding to growth, risk, and dilution. Practice MCQs: https://cpacopilot.replit.app/

  • 1. Contemporary Business Issues - Module 1

    32:58||Season 3, Ep. 1
    Module 1 — Future Accounting Skills:How the accountant’s role is changing with tech and business shifts, practical ways to promote ethical behaviour, what leadership looks like in finance, and how to create value through strategic and sustainable decisions. Exam-focused, concise, and actionable. Practice MCQs: https://cpacopilot.replit.app/
Copyright Alex Chu
Hosted with ❤️ by Acast