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CHANGES TO THE CPA PREREQUISITE EDUCATION
PROGRAM EFFECTIVE SEPTEMBER 1, 2016
We would like to inform you of some important changes the CPA
profession is making to the CPA Prerequisite Education Program
(CPA PREP). The key changes are as follows:
• Effective May 30, 2016, the name of the CPA Prerequisite
Education Program (CPA PREP) and its modules has changed to
CPA preparatory courses. In addition, the prerequisite
sequencing of courses has been changed.
• The Economics and Statistics courses are still required for
admission to the CPA Professional Education Program (CPA
PEP); however, for Core courses starting after September 1, 2016,
they will no longer be prerequisites. Introductory Financial
Accounting and Introductory Management Accounting are still
prerequisites for the Core courses.
• Effective for courses starting after September 1, 2016, students
will no longer require a degree to be eligible to take CPA
preparatory courses. Instead, to be eligible for enrolment,
students will have to have successfully completed one of the
following:
➢ One year (30 credit hours) of post-secondary study, which may
be in any discipline, in a diploma or degree program offered by
any recognized post-secondary institution (PSI); or
➢ Three years of relevant work experience, which includes
exposure to accounting and/or finance functions.
The new admission criteria are effective for courses starting after
September 1, 2016. Transcript evaluations for the new criteria will begin
on August 1, 2016, in time for the course registration period, which
opens on August 15, 2016.
With the removal of the degree requirement for the CPA preparatory
courses,* those interested in pursuing the CPA Advanced Certificate
in Accounting and Finance (ACAF) will be able to take the ACAF Entry
and Technical courses through either a PSI or the CPA preparatory
course offerings.
For more information on the CPA preparatory courses or the CPA
Advanced Certificate in Accounting and Finance, please visit goCPAbc.ca.
* Note: Students are still required to complete a post-secondary degree
before admission to the CPA Professional Education Program (CPA PEP).
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