CPA PEP Learning Formats

Important: CPA PEP Is Winding Down

The final Core 1 registration period for the CPA Professional Education Program (CPA PEP) opens on October 13 and closes on November 23. Candidates who meet the admission requirements and are interested in pursuing CPA PEP should apply during this registration period.

CPA PEP module content is delivered online, though each module includes at least one workshop and culminates in an exam. Candidates who miss the workshop are not permitted to write the exam, though accommodations are available in exceptional circumstances.

Each core and elective module consists of:

  • Approximately eight weeks of online learning, with weekly assignments submitted to a facilitator.
  • Candidates can expect to spend 15 to 20 hours per week working on module tasks and weekly assignments. Most candidates take the modules while working full time. 
  • Any time taken off work to complete tasks would be decided between the candidate and their employer.

A two-day weekend orientation workshop is offered right before the start of Core 1. At the end of the core and elective modules, following the online learning and workshops, candidates write a four-hour in-person exam at a CPAWSB exam writing center. Capstone 1 concludes with a group presentation, and following Capstone 2, candidates write the Common Final Exam (CFE).

CPA PEP Pathways

There are multiple ways to build your module schedule.

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Most candidates follow the traditional pathway and focus on one module per session. Candidates can skip sessions and take breaks if their individual circumstances require it. While up to six years is available to complete CPA PEP coursework, the most common timeframe to complete the six modules is between 16 and 24 months. The traditional pathway options are illustrated below.

Candidates can complete Core 1 and Core 2 concurrently and/or two elective modules concurrently, though both core modules must be complete before starting the elective modules. While completing modules simultaneously, candidates follow the same module content, format, and schedule as the regular module schedule. The Capstone modules are not offered simultaneously and are not available to be taken using the Fast-Track pathway. 

Depending on the starting session, candidates who choose fast-track scheduling can complete their CPA studies in as little as ten months:

Starting Session

Study duration

Summer

10 months

Fall

11 months

Winter

16 months

Spring

13 months

If taking elective modules using the Fast-Track pathway, candidates cannot choose electives with conflicting exam times. Because of the exam schedule, candidates may choose to take the following electives in the same 'Fast-Track' session:

  • Performance Management and Finance
  • Performance Management and Tax
  • Assurance and Finance
  • Assurance and Tax

No exam accommodations will be granted for conflicting exam schedules. 

Completing two modules in one session typically requires 40 hours of study per week, so please consider the time commitment and rigour before registering for fast-track scheduling. The fast-track pathway options are illustrated below.

CPAWSB offers an extended pathway option to take the core and elective modules. It is available only in the summer and winter sessions. The content and structure match the traditional eight-week offerings, but are delivered over 20 weeks, lowering the average required study time to approximately 10 hours per week. Extended versions of the modules allow candidates greater flexibility and more time to study and absorb the course material. 

Candidates can also choose to complete the extended core modules and/or the two extended elective modules concurrently, bringing average study time to approximately 20 hours per week. The extended pathway options are illustrated below.

Module Planning

The core modules are available across Western Canada four times annually.

Core1and2Pathways-(003)

The elective modules are available across Western Canada four times annually.
Elective1and2Pathways-(002)

The CPA Common Final Examination (CFE) and two Capstone courses are offered twice annually.

Capstone1and2Pathway-(002)

Time Limitations

Time Limitations

You have up to six years to complete all CPA PEP modules and attempt the CFE at least once, measured from the start date of the first module taken. There is an overriding time limit of seven years to complete the entire CPA certification program (CPA PEP, the CFE and Experience), measured from your PEP Admission Application approval date.  

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