CA ANZ Core 1 case studies
CA ANZ Core 1 · Put your knowledge to work in context.
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. The CA ANZ Core 1 case studies are 5 cases and about 3,314 words.
1Revenue Recognition and Warranty Provision at a Custom Equipment Maker
Kauri Fabrication Ltd builds custom stainless-steel process equipment for food manufacturers. In March it signed a 480,000 contract to design, build and install a pasteurisation line for a dairy client.
615 words, about 3 min2Make-or-Buy with Constrained Capacity and a Sunk Cost Trap
Tūī Components Ltd manufactures three components (A, B and C) on a single machine that runs 4,000 hours per year and is fully utilised. An external supplier has offered to supply component B for 62 per unit.
767 words, about 4 min3Capital Investment Appraisal with Working Capital and Financing Effects
Rimu Logistics Ltd is evaluating a 1,200,000 automated sorting system with a five-year life and zero residual value, depreciated straight-line. It expects to save 420,000 per year in labour costs.
580 words, about 3 min4Segregation of Duties and a Management Override Red Flag
Harakeke Traders Ltd is a wholesale distributor with 14m annual revenue and 40 staff. Its financial controller, Mere, has been in the role for nine years.
742 words, about 4 min5Taxable Income versus Accounting Profit, and a Legal Obligation Trap
Mānuka Wellness Ltd is a New Zealand company with accounting profit before tax of $860,000 for the year. Calculate taxable income and tax payable, and evaluate the CFO's statement.
610 words, about 3 min