TCPA708 Contemporary Business Issues

TCPA708 aims to provide tuition and exam preparation support to candidates concurrently enrolled in the CPA Program Examination for the elective subject “Contemporary Business Issues”.
This unit highlights the future challenges, opportunities and skills for potential CPAs and for the accounting profession in the contemporary business environment with continuous technology-enabled innovations.
The contents of this unit will examine the contemporary and emerging global issues faced by the management of all kinds of organisations in the process of value creation for their stakeholders, and to explore how these issues are advancing the development of professional skills, values, ethics and attitudes of a future accountant acting as a strategic business advisor, partner and innovator.
The major topics will cover the drivers of change in the accounting profession requiring future accounting skills, emerging technologies affecting the work of an accountant such as big data; business analytics; blockchain; business process automation and artificial intelligence, innovative and disruptive business models and financing, contemporary human capital and workforce management, sustainable natural resource management, stakeholder engagement; management and communication, and business reputation management.
Upon completion of this unit, students should be able to develop an attitude of professional curiosity by challenging assumptions about contemporary and emerging issues, and be prepared to assume and assess the future roles of an accountant adding value in a changing business and technology environment.