CA ANZ Core 1

CA ANZ Core 1: Accounting, Finance and Information Technology

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About this exam

Core 1 is the first technical module of the CA Program, the qualification pathway that candidates complete on the way to becoming a Chartered Accountant with Chartered Accountants Australia and New Zealand. It is designed for graduates who have completed an accredited degree and are now working in accounting or a related role, and it bridges university theory and professional practice. The module's full title signals its breadth: accounting and financial reporting fundamentals sit alongside management accounting, corporate finance, information technology and systems, audit and assurance, taxation fundamentals, business law and ethics, and the professional skills needed to analyse an integrated business case. You should expect a demanding blend of technical knowledge and judgement, with questions that ask you to apply standards and concepts to unfamiliar scenarios rather than simply recall definitions. This page is an independent study resource and is not affiliated with or endorsed by CA ANZ; always confirm current module requirements, assessment structure and administrative details on the official CA ANZ website. Preparation typically involves working through the official module materials, practising application-style questions under time pressure, and building a disciplined study schedule alongside full-time work. Candidates who succeed treat Core 1 as cumulative: each week's content underpins the next, and the integrated case analysis rewards broad understanding rather than isolated memorisation.

What you'll study

Common questions

About CA ANZ Core 1 preparation

Who is Core 1 for?

It is aimed at graduates entering the CA Program who have completed an accredited qualification and are working towards Chartered Accountant status, usually while employed in public practice, commerce, government or not-for-profit organisations. It is a foundational technical module rather than a specialisation.

What does the assessment actually look like?

Expect a mix of multiple-choice questions, short-answer tasks and extended-response or case-based questions that test application and professional judgement. CA ANZ publishes the current assessment format, weighting and any examination conditions on its official website, so confirm details there before you plan your study.

How difficult is Core 1 compared with university study?

Most candidates find the content familiar but the application harder. University exams often reward recall; Core 1 asks you to select relevant standards, apply them to messy scenarios and communicate a clear recommendation. Breadth across all domains matters, because weak areas are exposed in integrated case questions.

Can I retake the module if I do not pass?

Retake and supplementary assessment rules, including any limits on attempts or additional enrolment conditions, are set by CA ANZ and can change. Check the current policy on the official CA ANZ website rather than relying on what colleagues did in previous years.

How much study time should I plan for?

Plan for consistent weekly study over the whole module rather than a final cram, since content accumulates. A realistic pattern is several short sessions each week for reading and note-making, plus longer blocks for practice questions and case analysis, with extra time in the weeks before assessment.

In what order should I study the domains?

Follow the official module sequence first, because later material often assumes earlier concepts. If you are revising, secure financial reporting and management accounting foundations early, then layer in finance, IT, audit, tax, law and ethics, finishing with integrated practice that mixes domains.

What are the most common failure modes?

Cramming technical rules without practising application, ignoring weaker domains, misreading question requirements in extended responses, and running out of time because practice was untimed. Poor structure in written answers also costs marks, so rehearse concise, well-signposted responses.

How should I use practice questions?

Attempt them closed-book and timed, then mark against the requirements rather than the model answer alone. Keep an error log noting whether a mistake was knowledge, application or exam technique, and revisit those themes. This independent page is not an official question source, so use it alongside official materials.

Does Core 1 cover New Zealand and Australian rules?

The program serves both countries, so you should be alert to differences in tax, law and reporting frameworks. Confirm which jurisdictional content applies to your cohort through official CA ANZ materials, and avoid assuming a rule from one country transfers unchanged to the other.