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A transcript assessment, if required, determines eligibility to enroll in CPA PEP for the applicant types that require it and indicates what, if any, prerequisite course requirements are outstanding and can be fulfilled through CPA preparatory courses or a recognized post-secondary institution.

Note: Co-op/Summer students who apply only to accrue work experience while they are completing their degree, do not request a transcript assessment when they apply but will need to request and pay for a transcript assessment when they complete their degree program and are ready to register for the CPA PEP Core 1 module.

Applicant types required to request a Transcript Assessment Cost

$100 + GST

non-refundable

(subject to change)

The following applicant types do not request a transcript assessment: MRA/RMA, MOU members, and CPA Accredited Program applicants.

A third-party evaluation is only required for the following applicant types:

  • International Degree (WES ICAP evaluation is recommended and preferred)
  • IFAC members (a basic evaluation from any third-party ACESC member is adequate)

The third-party evaluation must be completed by an Alliance of Credential Evaluations Services of Canada (ACESC) registered evaluation service and submitted directly to CPAWSB from the issuing organization. 

The third-party evaluation determines and verifies the Canadian equivalency of your international education so CPAWSB can determine if you have met the degree and 120 credit hour requirements for entry into CPA PEP. Your post-secondary courses are also assessed for possible academic credit during the CPAWSB transcript assessment process.

*Note for Applicants with an International Degree: the WES ICAP evaluation report includes an official copy of your transcripts when they send the report to CPAWSB. If a WES ICAP evaluation is not used, in most cases, you will also be required to have official transcripts submitted directly to CPAWSB.
ACESC members Evaluation Type Cost
WES Preferred 'course-by-course' International Advantage Package (WES ICAP) report. Visit WES 
CES* Application for Educational Program Pre-Assessment Visit CES  
ICAS* General Assessment Report Visit ICAS  
ICES* Basic Report Visit ICES  
IQAS* Educational credential assessment Visit IQAS  
MIDI* Comparative Evaluation Visit MIDI  

There will also likely be additional costs incurred to have official transcripts and/or documents sent directly to CPAWSB or third-party assessors from post-secondary institutions or other issuing organizations.

Additional costs could be incurred if the following are required:

  • All submitted documents must be in English. Documents in a language other than English require translation and need to be submitted to us by a certified translator
  • If you are not a Canadian citizen or permanent resident, your admission application will not be approved without submitted proof of a valid study permit.

Determine your applicant type to learn more about the transcripts and/or documents you are required to submit, and the admission steps you must follow.

CPA PEP Costs and Fees

The CPA Professional Education Program (CPA PEP) costs* approximately $12,500. This does not include the cost of taking any prerequisite courses that may be required for entry into CPA PEP.

*All fees and costs are based on the most current fee schedule. 

*Fee schedules are reviewed annually and fees are subject to change 
Fee Description Amount
Initial One-time Registration Fee $440
Annual Candidate Dues $2,600 ($1,040 x 2.5 years)
Module Fees $7,680 ($1,280 x 6 modules)
Common Final Examination (CFE) Fee $1,500
Total $12,220 + GST

Please note: The total cost above represents the cost for the majority of applicants who complete the entire CPA Professional Education Program starting with Core 1. It is based on the "traditional" pathway and successfully passing modules and the CFE on the first attempts. Additional costs will be incurred to complete any prerequisite courses, retake exams, or if late fees are incurred.

Expect to pay the following when you apply for admission to CPA PEP:

  • One-time enrollment fee: $440.00 + GST
  • First year annual candidate dues: $1,040.00 + GST ($520.00 + GST if enrolling on or after Oct 1)
  • Core 1 module fee: $1,280.00 + GST (due once your admission application is approved and module registration is open)

Module fees are paid when Candidates register for each module during open CPA PEP module registration periods. The School’s academic year runs from April 1 through March 31. Candidates must re-enroll each year and pay the annual Candidate Fees ($1,040.00 + GST) before they can register in modules that start after April 1. Notification is provided to candidates in December/January by email when annual re-enrollment opens.

Please refer to the CPA PEP fee schedule in the Current Learners section of this website, for a complete 
 list of all current CPA PEP fees.
 

*There are five semesters each year, meaning five courses can be taken annually; options for registering in two courses in one semester are available, but must be approved. ** Includes all materials. No textbooks are required. ***Challenge exams may be available based on transcript assessment results. Fee schedules are reviewed annually; fees are subject to change.
Fee Description Amount
Annual Student Dues* $590 / year
Course Fees**
  • $540 per course (Non-Core courses)
  • $710 per course (Core courses)
Challenge Exams*** $210 per challenge exam

Example: An applicant who has five outstanding core pre-requisites and successfully completes one course each semester will incur a total cost of $4,140 ($590 annual student dues + 5 core courses @ $710 each).

Please note: The example above is based on successfully passing courses and related exams on the first attempts. Additional costs will be incurred to retake courses or exams.

When you submit your admission application for CPA preparatory courses, you will pay annual student dues ($590.00 + GST for full year or $295.00 if enrolling on or after Oct 1).

You will pay fees to register for each CPA preparatory course and pay annual student fees as part of annual re-enrollment during open CPA preparatory course registration periods. The School’s academic year runs from April 1 through March 31. Students must re-enroll each year and pay the annual Student Fees ($590 + GST) before they can register in modules that start after April 1. Notification is provided to students in December/January by email when annual re-enrollment opens.

 Please refer to the CPA preparatory course fee schedule in the Current Learners section of this website, 
 for a complete list of all current CPA preparatory course fees.