Announcing Additional Flexibility in CPA Preparatory Courses

Jul 24, 2019
The CPA profession is pleased to announce significant changes to CPA preparatory courses aimed at improving the student experience and the flexibility of course delivery. Effective November 2019, these changes will include: 
  • Adding a fifth semester 
  • Introducing open registration for non-core CPA preparatory courses 
  • Separating course and examination registration 

For reference, the list of core and non-core courses is provided below. 

Core courses  Non-core courses  
Intermediate Financial Reporting 1 (IF1)   Introductory Financial Accounting (IFA) 
Intermediate Financial Reporting 2 (IF2)  Introductory Management Accounting (IMA) 
Advanced Financial Reporting (AFR)  Economics (ECO) 
Corporate Finance (COF)  Statistics (STA) 
Audit and Assurance (AUA)  Business Law (BUL) 
Taxation (TAX)  Information Technology (ITE) 
Intermediate Management Accounting (MAA)   
Performance Management (PMA)   

Adding a fifth semester: 2019/2020 semester dates  

Starting in November 2019, the course offering for CPA preparatory courses will change from four annual semesters to five annual semesters. 

Semester  Core Course Start  Core Course End  Core and Non-Core Exams  Mark Release 
November 30, 2019  January 20, 2020  Jan 31/Feb 1, 2020  Feb 16, 2020 
February 22, 2020  April 3, 2020  Apr 8/9, 2020  Apr 26, 2020 
May 2, 2020  June 12, 2020  Jun 19/20, 2020  Jul 5, 2020 
July 11, 2020  August 21, 2020  Aug 28/29, 2020  Sept 13, 2020 
September 19, 2020  October 30, 2020  Nov 6/7, 2020  Nov 22, 2020 

Registration dates and related details are in the process of being finalized and will be announced shortly. 

All core course delivery will include six instructional weeks and a final exam. All non-core courses will include an exam, but students will be able to start non-core courses when they want (see Open registration, below). 

Introducing open registration for non-core courses 

For further flexibility, students will be able to register for non-core CPA preparatory courses any day of the year, as these courses will no longer have specific start dates. After registering for a course, students can select from five examination dates that best meets their needs and schedule. 

Separating course and exam registration: Choose your exam date 

Beginning in November 2019, CPA students will have the opportunity to register for CPA preparatory courses and their corresponding examinations separately. This change will provide the flexibility to extend the length of time between the beginning of a course and writing its exam, up to twelve months. Five exam dates will be offered throughout the year, and the choice of when to write the exam is entirely the student’s.  

Additional information 

Additional details about these changes and future improvements to the delivery of CPA preparatory courses will be available soon. In the meantime, if you have questions or concerns, please contact