CPABC in Focus July/August 2016 | Page 14

NOTES & NEWS Connect with CPABC Online Student & Candidate Resources   Like CPABC? Connect with CPABC online on our LinkedIn, Facebook, Twitter, YouTube, and Flickr social media pages:   All CPABC publications are online CPABC in Focus Digital editions of CPABC in Focus, the Regional Check-Up reports, Industry Update, and CPABC eNews are available at bccpa.ca under the News, Events & Publications tab. Industry Update   Access member services online bccpa.ca homepage 14 CPABC in Focus • July/August 2016 You'll find “Sign into Online Services” in the top right-hand corner of the bccpa.ca homepage. Use your username and password to log in and access an array of services. 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). Jake Hesseltine/iStock/Thinkstock • Linkedin.com/company/cpabritishcolumbia • Facebook.com/cpabc • Twitter.com/cpa_bc • YouTube.com/cpabritishcolumbia • Flickr.com/cpabc