Rules and Regulations Registered Tax Agent (RTA) Solution

Transcription

1 Rules and Regulations Registered Tax Agent (RTA) Solution Overview: To become a registered tax agent (RTA), candidates must complete the following education requirements: 1. CPA Program Advanced Taxation subject, 2. International tax fundamentals, and 3. Superannuation. The International tax fundamentals and Superannuation supplementary units are offered via self-paced, distance learning which allows candidates the flexibility to enrol at any time. The units are not run during semester timeframes, so candidates can schedule their enrolment and completion of their study and exam activities around their busy life and work schedule. Distance Learning Enrolment and Study Process: Upon enrolment, candidates are given immediate access to the materials via My Online Learning. Candidates then have 12 weeks from the date they enrol in which to progress through the course material and complete the exam, and submit this to CPA Australia for marking through My Online Learning. NB. Candidates will receive access to the exam 6 weeks from the date they access the materials. Exam: The learning outcomes in the study guides form the basis of the assessment to meet eligibility requirements for registration with the Tax Practitioners Board (TPB). In order to apply to be a registered tax agent, candidates will be required to successfully complete an exam. The exam booklet and answer template will appear in the To Do section of the unit in My Online Learning 6 weeks after the candidate has enrolled in the unit. From this date candidates will be able to make the necessary arrangements to sit their exam before downloading the exam booklet and answer template for use. Once candidates have sat the exam, they must immediately upload the soft copy PDF file their completed answer template and supporting documentation (signed Exam Supervisor Declaration) under Submission Files in My Online Learning. NB. Scanned copies of the answer template cannot be accepted. The exam for each of the supplementary units is a ninety minute case study based, written response exam that can be sat at a time and place of the candidates choosing. The exams require candidates to apply the knowledge from the study materials, together with underlying principles of taxation law.

2 All exams are open book. Candidates may access during the exam any printed material which they believe will assist them in their exam. This includes relevant legislation and printed copies of study materials. Candidates are not permitted to access electronic resources during their exam, nor are they permitted to have in their possession mobile phones or tablets, or other electronic devices which can be used for capture or transmission of exam information. Electronic resources are defined as all web based materials and all materials stored or accessed through mobile or other electronic devices. A silent electronic calculating device whose primary purpose is as a calculator is permitted. All exams must be supervised by a full member of CPA Australia holding CPA/FCPA status, a fully qualified member of another professional accounting body, or by a manager or supervisor in the candidate s workplace (Exam Supervisor). Candidates are permitted a maximum of two attempts at each unit. Candidates who require any additional attempts at an exam must contact CPA Australia directly prior to attempting to enrol. NB. Candidates should save a local copy of the exam answer template and ensure they save at regular intervals throughout the exam. Marking of Exams: Upon receipt of a candidate s written exam submission, CPA Australia will allocate the candidate to an assessor who will review the exam submission against the exam marking guidance supplied to them by CPA Australia. All exams will be marked within 15 working days of receipt. The outcome of the exam will be communicated to the candidate in writing by CPA Australia within ten (10) working days of receipt of the result from the assessor. Duration of Study: Candidates have 12 weeks to enrol, study, sit the exam and upload their completed exam form for marking. After six weeks, the exam booklet and answer template will be available for candidates to access via My Online Learning. It is the candidate s responsibility to be aware of their due date and to ensure they have undertaken and submitted their exam form by this date. Failure to submit the completed exam booklet for marking by the candidates due date will result in a Did Not Sit result and the candidate will be required to re-enrol to sit the exam. Special Consideration: If a candidate experiences exceptional circumstances beyond their control that impact their ability to complete and submit their exam form by their due date, the candidate should contact CPA Australia within 7 days of the end of their exam. Correspondence should be directed to the Education Certification business unit rto@cpaaustralia.com.au

3 CPD Hours: Candidates will receive 4 Continuing Professional Development (CPD) hours on enrolment into a unit. If candidates successfully complete the exam, they will be awarded a total of 40 CPD hours. If candidates do not sit, or fail the exam, they will accrue a total of 4 CPD hours. Enrolments: 1. Enrolments can be completed online via My Online Learning. Candidates must satisfactorily complete full payment of the enrolment fee for the unit before being enrolled to undertake that unit and any exam. 2. Enrolment is open to members and non-members of CPA Australia. 3. Enrolments will be accepted by CPA Australia on an ongoing basis. 4. No refunds are available for cancellation of enrolment. 5. Candidates are permitted a maximum of two exam attempts per unit. 6. If candidates fail an exam, they must re-enrol and pay the prescribed fee to continue with that unit. No refund will apply. Program Administration: The Registered Tax Agent (RTA) Solution is a distance education learning program. Candidates must have a valid address and must check their regularly. is the official way we will communicate with candidates and no waivers or consideration will be given if they miss important information because they did not check their . Candidates must have access to the internet for the purposes of receiving updated information and to access study materials. It is the candidates responsibility to provide current personal information to CPA Australia including name, residential address, mailing address, address, and contact numbers. If candidates do not provide current contact information they may not receive critical information. It is the candidates responsibility to make arrangements for an approved Exam Supervisor to supervise their exam. Approved Exam Supervisors include a member of CPA Australia holding full CPA/FCPA status, a full member of another professional accounting body, or a manager or supervisor in the candidate s workplace.. CPA Australia ensures the integrity of every exam result. Once the exam results are published, candidates will not be re-examined nor will the exam be re-marked. All candidates are bound by these rules and regulations. Candidates who successfully complete both units will receive a Statement of Completion at the end of the second unit.

4 Integrity is a fundamental principle underpinning the profession. Actions by candidates, whether members of CPA Australia or not, such as but not limited to plagiarism, cheating, collusion and any other conduct whereby the candidate has sought to obtain an unfair academic advantage are not permitted. These actions may be treated by CPA Australia as academic misconduct. Allegations of academic misconduct will be reviewed by CPA Australia s Certification Unit and the exam results may be withheld pending the outcome of a referral to CPA Australia s Professional Conduct Unit for investigation. Penalties include, but are not limited to, the following: forfeiture of membership suspension of membership lowering of membership status exclusion from admission as a member requirement to undergo further CPA Program subjects a fine results withheld failure of the unit. Non-disclosure Agreement CPA Australia owns the rights to the intellectual property, copyright and trademarks used in providing the units in the Registered Tax Agent (RTA) Solution and are protected by law. The PDF study guide and exam questions for each unit are made available to candidates solely for the purpose of study and examination. Due to the secure nature of all exams delivered as part of the Registered Tax Agent (RTA) Solution, candidates are prohibited from divulging, publishing, transcribing, reproducing or transmitting any program content (including but not limited to the study guide, exam booklet, answer template or related program documentation) in any form or by any medium to any individual or entity. Privacy Statement: CPA Australia Ltd (CPA Australia) is committed to protecting the privacy and security of your personal information. The personal data which you provided at enrolment will be stored by CPA Australia. CPA Australia reminds you that you have the right to access, delete and modify your personal data. To exercise such right, please contact CPA Australia. By enrolling in these units, you agree to accept the terms and conditions of CPA Australia s privacy policy.

5 CPA Australia processes assessment, membership and other payments using EFTPOS and online technologies. All transactions processed by CPA Australia meet industry security standards to ensure member details and payments are protected. For more information about our security procedures and payment processes, contact or (outside of Australia).