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CPA PEP

Candidates who do not complete the annual re-enrollment process and pay annual dues by May 31 will be suspended from CPA PEP. Anyone suspended from CPA PEP cannot enroll in any modules or have any practical experience recognized. 

Suspended candidates will be informed of the final deadline to pay annual dues; anyone who fails to pay annual dues before the specified deadline will be permanently withdrawn from CPA PEP.   

Consequences of withdrawal for failure to pay annual dues include: 

  • Loss of any CPAWSB candidate rights and privileges 
  • Loss of any transition provisions or special considerations awarded to legacy transition candidates 
  • Loss of credit for any completed CPA PEP modules  
  • Loss of access to all online resources  
  • Loss of earned practical experience. Returning candidates may be eligible to have up to 12 months of previous experience recognized provided the experience meets the requirements of the CPA Practical Experience Requirements in effect at the time of re-registration. 

Former candidates wishing to re-register with CPAWSB after being withdrawn are treated as new applicants and will be required to request and pay for a transcript assessment to determine CPA PEP eligibility.

When completing annual re-enrollment, CPA PEP candidates can select to take a Temporary Withdrawal (also called non-active year) and temporarily withdraw from the program. A non-active year means not participating in any CPA PEP modules or accumulating any practical experience between April 1 and March 31 of the next calendar year. A non-active year does not count towards the six-year time limit to complete the CPA PEP. Candidates are eligible for a maximum of two non-active years during their registration in CPA PEP. Dues for a non-active year are equivalent to half-year dues. Please refer to the Harmonized Education Policies to learn more about the non-active year/ temporary withdrawal option. 

To remain in good standing with CPAWSB, co-op and summer students must complete annual re-enrollment by re-enrolling as a co-op/summer student and paying half-year annual dues to maintain their registration.  

 Failure to complete the annual re-enrollment process and pay annual dues by the payment deadline will result in permanent withdrawal from CPA PEP and loss of all previously recognized practical experience. 

Candidates who have successfully completed the CFE but have not met the practical experience requirement must re-enroll as an active candidate to ensure practical experience is recorded, even if they expect to become members during the upcoming academic year. Selecting a non-active year means practical experience will not be recorded for the upcoming academic year and will delay membership admission. 

Candidates admitted to membership may be eligible for a pro-rated refund of annual dues depending on when they become members. 

CPA preparatory courses

Students who do not complete the annual re-enrollment process and pay their annual dues by May 31 will be suspended from the CPA preparatory courses. Anyone suspended from CPA preparatory courses cannot enroll in any courses. 

Suspended students who do not pay their annual dues by March 31 the following year will be permanently withdrawn from CPA preparatory courses. 

Consequences of withdrawal for failure to pay annual dues include: 

  • Loss of any CPAWSB student rights and privileges 
  • Loss of any transition provisions or special considerations awarded to legacy transition candidates 
  • Loss of transcript assessment; students who return after the academic year is complete will need to complete the transcript assessment process again 

In extenuating circumstances, students can apply to temporarily withdraw from CPA preparatory courses for a maximum of two years. During a temporary withdrawal, students will not have access to the course materials, but may access other benefits (job boards, etc.).