CPA preparatory courses are designed for those who lack some or all of the prerequisite knowledge required for admission to the CPA Professional Education Program (CPA PEP) or who wish to complete the Advanced Certificate in Accounting and Finance (ACAF).
CPA preparatory courses are available in an accelerated format and delivered part-time, with options for self-study, online, and classroom learning. Students complete only those courses they need to fill in their knowledge gaps.
Starting September 1, 2016, the only academic prerequisite to enroll in CPA preparatory courses is one of the following:
Starting September 1, 2016, students who have completed at least one year (30 credits) of post-secondary study in any discipline or who have three years of relevant work experience, which includes exposure to accounting and/or finance functions, can enroll in CPA preparatory courses. Study must be from a diploma or degree program at a recognized post-secondary institution.
There are fourteen CPA preparatory courses, split into six non-core and eight core courses.
Non-core courses are self-study, using weekly notes, pre-recorded lectures and practice problems. Each one is offered five times annually, includes access to a facilitator, and concludes with a final exam that must be written at a CPAWSB exam centre. Students must achieve a grade of at least 50 percent to pass a non-core course.
Registration opens approximately fourteen weeks before the exam and closes approximately six weeks before the exam. Students are provided with access to course materials via our online learning portal approximately twelve weeks before the exam.
*Introductory Financial Accounting or an equivalent course at a post-secondary institution must be completed before or concurrently with Introductory Management Accounting
Core courses are available via self-study with pre-recorded lectures or live with classroom or webinar sessions. Each course is offered at least twice annually, includes access to a facilitator, assignments, and concludes with a final exam that must be written in a CPAWSB exam centre. Students must achieve a grade of at least 60 percent to pass a core course. The grade is calculated based on assignments and the final exam.
Registration opens approximately six weeks before the start of classes. Students must have completed or received transfer credit for Introductory Financial Accounting and Introductory Management Accounting before registering for a core course.
1 Intermediate Financial Reporting 1 or an equivalent course at a post-secondary institution must be completed before starting Intermediate Financial Reporting 2
2 Intermediate Financial Reporting 2 or an equivalent course at a post-secondary institution must be completed before starting Advanced Financial Reporting
3 Intermediate Financial Reporting 1 and 2 or equivalent courses at a post-secondary institution must be completed before starting Audit and Assurance
4 Intermediate Financial Reporting 1 and 2 or equivalent courses at a post-secondary institution are recommended before starting Taxation
5 Corporate Finance or an equivalent course at a post-secondary institution must be completed before starting Intermediate Management Accounting
6 Intermediate Management Accounting or an equivalent course at a post-secondary institution must be completed before starting Performance Management
The CPA Preparatory courses are offered over five annual semesters. Each non-core course is offered every semester and each core course is offered at least twice annually. The full schedule is available here.
Prerequisite course requirements for the CPA Professional Education Program can also be met through accredited programs at post-secondary institutions. Please see the links below for provincial transfer guides:
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