Capstone 1 Scheduling

The Capstone 1 module is approximately eight weeks long and is offered once annually.  

  • Spring (Early-May to Late-June/Early-July)

Please visit the CPA PEP Schedule to view the current list of offerings for Capstone 1. You’ll also find details on upcoming module registration periods, module dates, module workshop dates, module presentation dates, and module results release dates. Note that the final offering for Capstone 1 is Spring 2028, which is the last session offered for the Capstone 1 module

The following table provides an overview of when candidates would typically take Capstone 1, Capstone 2 and the Common Final Examination.

Available Pathway

Spring Session 

(May to July)

Summer Session

(July to September)

Fall Session (September)

Take one module at a time in each session followed by the CFE




Candidates are encouraged to take the Capstone 1 and 2 modules immediately leading up to the Common Final Examination

Capstone 1

Capstone 2

Common Final Examination

Estimated 20 hours of weekly study




Capstone 1 and Day 1 CFE Relationship

Day 1 of the CFE consists of a single four-hour case linked to the Capstone 1 case that candidates work on during the Capstone 1 module. When writing the Day 1 case, candidates have access to the Capstone 1 case but do not have access to their group’s response or any sample responses.

Please visit the CPA Canada Capstones website for more information of the current Capstone 1 cases and when each version is offered on the CFE.