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How to Interpret Your CPA PEP Core and Elective Transcript

By Mandeep Bains, CPA, CA – Manager, Learner Support
Dec 8, 2025
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Understanding Your CPA PEP Exam Results 

Receiving your CPA Professional Education Program (CPA PEP) module exam results can be stressful—especially if you're unsure how to interpret them. This post outlines key elements of your transcript to help you better understand your performance. 


Where to Find Your Results 

On the CPAWSB module results release date, log in to My CPA portal to view your overall exam results. You can access and download a copy of your exam result transcript in a PDF format through the CPA Canada National Candidate Portal.  


What Your CPA PEP Exam Transcript Includes 

The transcript provides an outline of your overall result, including your performance results on the: 
  • Objective Format Questions 
  • Case Portion of the Examination 
The Overall Result section indicates whether you passed the exam. This result is based on a combination of your performance across both components, measured against pre-established expectations set by the Board of Examiners. 


Understanding Your Overall Result Rating 

You will receive one of the following four ratings for your Overall Result: 
  • Pass with Distinction – Identifies top-performing writers for that specific examination. 
  • Pass – Identifies a group of writers who met the passing standard required, based on a combination of the Objective Format Questions and the Case Question(s), for that specific examination.  
  • Marginal Pass – Identifies a group of writers who just barely met the passing standard for that specific examination. 
  • Fail – Candidates who did not meet the passing standard set by the Board of Examiners for that specific examination. 
If your Overall Result is any one of the three pass ratings, you have successfully passed the examination and module. The module exam’s overall result determines whether you passed the core or elective module. 


Sample CPA Exam Results Transcript 

The following figure is a sample CPA PEP exam results transcript. It includes helpful explanations of each component to help you understand the transcript.




About the Author

Mandeep Bains, CPA, CA, is the Manager, Learner Support at CPAWSB. He advises candidates throughout their CPA PEP journey, helping them navigate challenges and build confidence. Mandeep draws on his experience as a CPA and professional education leader to offer practical, grounded advice tailored to each learner’s needs.

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