Subject
CTA3 Advisory
Demonstrate your tax expertise and advisory skills
It is crucial for tax professionals to stay up–to–date and be equipped to advise clients on complex and dynamic business transactions. To be the best in your field, you need to innovate, think on your feet, and effectively synthesise large amounts of information. Successfully completing this challenging subject leads to the sought–after, internationally respected Chartered Tax Adviser designation.
CTA3 Advisory is the final subject in the Chartered Tax Adviser (CTA) Program, after CTA1 Foundations, CTA2A Advanced and CTA2B Advanced. However, you may be eligible for recognition of prior learning in respect to the CTA Program if you have already completed study at another institution. When you have achieved success in the CTA3 Advisory exam you will have satisfied the educational requirements to be eligible to obtain the globally-recognised CTA designation. In turn, you may be eligible for 6 units of credit, of recognition of prior learning, towards a Master of Taxation from UNSW.
The approach taken by CTA3 Advisory differs to other subjects, it immerses you in real–life problem–solving situations (across different tax specialisations) presented through in–depth case study discussion sessions, each facilitated by an expert who specialises in that particular area of tax. In advance of the exam, you will prepare an initial client– worthy letter of advice based on your research. During the exam, you will be challenged to synthesise additional information that is relevant to the scenario, incorporating it into your research. This not only tests your knowledge but also reflects the kind of real–life situations you may encounter with clients.
In Study Period 1 each year, CTA3 Advisory is offered over a 24–week period. In Study Periods 2 and 3 it is offered in Intensive mode over a 12–week period.
In CTA3 Advisory, you will:
- Work through simulated real-life situations using case studies on a range of tax topics.
- Self-direct your learning and focus on the need to apply tax law to your client’s specific commercial circumstances.
- Gain the skills used by leading tax professionals to remain at the forefront of the profession and advance your career.
Your assessment will simulate a real-life scenario:
- You will research the relevant law and prepare advice to your client based on that scenario.
- Under exam conditions, you will be required to update your advice in response to supplementary information provided on the day, just as your client might in real-life.
To enrol into CTA3 Advisory, you must have prior experience in:
- Writing a Letter of Advice for clients (some guides/samples are provided).
- At least one of the main Case Study Topics:
- Small Business CGT Concessions
- International Tax
- Corporate Tax
- Trusts
- Goods and Services Tax
- Referring to and applying relevant taxation legislation, cases, guidelines and procedures and determining their relevance to specific client taxation issues.
- Analysing and evaluating potential alternative solutions and presenting these in a concise and professional manner
- Supervising the preparation of more complicated ATO submissions and communications.
- Subjects1
- Credit Points6
- LevelAdvanced
- Cost$2,495
- CPD120 hours
- DeliveryOnline
- Study Periods3 per year
- Study Per Week10-14 hours
- Subject PrerequisitesATL001, ATL003 and ATL004 (or equivalent) | 36 months relevant Australian tax or tax law experience
- Video 1
- Video 2
- Video 3
