If you are an IFAC member applicant with:
- A recognized post-secondary degree and at least three years of relevant experience* or
- No recognized post-secondary degree but at least eight years of relevant experience*
- May be granted challenge exams for Core 1, Core 2, and the two elective modules
- Must complete the Capstone 1 and Capstone 2 modules
- Must pass the Common Final Exam (CFE)
If you are an IFAC member applicant who does not meet either of the conditions outlined above, you:
- Must begin CPA PEP at Core 1 with no challenge exam opportunities
- Must complete the entire CPA PEP program
- Must pass the Common Final Examination (CFE)
*Relevant experience is defined and assessed as experience in any of the CPA technical competency areas: Financial Reporting, Strategy and Governance, Management Accounting, Audit and Assurance, Finance, and Taxation.
- IFAC member applicants with a degree and at least three years of relevant experience must have developed any two competency sub-areas to at least Level 1 proficiency, as identified in the CPA Practical Experience Requirements.
- IFAC member applicants with no degree and at least eight years of relevant experience must have developed any four competency sub-areas to at least Level 1 proficiency, as identified in the CPA Practical Experience Requirements.
The CFE assumes a core level of knowledge of Canadian tax law, Canadian business law, and Canadian accounting standards for private entities. You may wish to enhance your knowledge in these subject areas before enrolling in the program as CPAWSB does not provide study material for these topics.
CPAWSB offers CPA PEP Review Materials Modules (RMM) modules to provide candidates access to module content and related solution guides for self-study purposes to assist with exam preparations.
To become a CPA, you will need to obtain 30 months of relevant practical experience. In addition to CPAWSB assessing your relevant experience towards the academic bridging placement as stated above, the Practical Experience Review Committee will assess your practical experience for possible exemptions of the 30-month requirement.
The experience bridging assessment is completed separately from the academic bridging assessment. Applicants will receive experience bridging forms and instructions when they receive their academic bridging results.
You can submit your admission application and begin the CPA PEP modules once the academic bridging assessment is completed even if your experience bridging is still being assessed.
Only Canadian citizens, permanent residents of Canada, or persons who are otherwise lawfully permitted to work and study in Canada can enroll in the CPA certification program. If you are a temporary resident, you are required to hold a valid study permit to apply for admission to the CPA Professional Education Program (CPA PEP) or CPA preparatory courses and to maintain your enrollment with CPAWSB. For more details, please refer to the Residency, Study Permits and Language Advisory.
CPA education programs, including CPA preparatory courses and CPA PEP, require high English proficiency. Generally, anyone with CLB levels below 8 will need to spend additional time on their studies. For more information, please refer to the Residency, Study Permits and Language Advisory.