The course is accredited by CPA Australia and the Institute of Chartered Accountants in Australia (ICAA) as a recognised program for satisfying the academic requirements for professional membership.

Applicants for membership of CPA Australia or the ICAA must pass, or be exempted from, the following units:
AFM101 Introduction to Financial Accounting
AFM112 Introduction to Management Accounting
AFM202 Cost Management
AFM211 Financial Accounting I
AFM231 Corporate Finance
AFM272 Accounting Information Systems (not required by ICAA)
AFM311 Advanced Financial Accounting
AFM312 Auditing
ECON101 Introductory Microeconomics (not required by ICAA)
ECON102 Introductory Macroeconomics (not required by ICAA)
LS100 Introduction to Legal Systems and Methods
LS371 Contract Law I
LS372 Contract Law II
LS351 Corporation Law
LS352 Taxation Law
QM161 Business Statistics 1 (not required by ICAA)

Candidates eligible for admission to the Graduate Diploma in Financial Management may have satisfied some of these requirements in their first degree.

If the units AFM312 and LS392 are not completed within the Graduate Diploma in Financial Management, applicants for membership of CPA Australia will be required to complete equivalent subjects within the CPA program.