CPA Professional Education Program (CPA PEP)

Learn about the structure and areas of focus of the CPA PEP on your journey to become a Canadian Chartered Professional Accountant (CPA).

CPA PEP: Becoming a Canadian CPA

CPA PEP is a graduate-level program comprised of a series of modules that focus primarily on enhancing your ability to apply professional knowledge, values, ethics and attitudes in a professional context.

CPA PEP consists of six modules that continuously build knowledge and skill:

  • two common core modules that all Canadian CPA candidates must take, focusing on the development of competencies in management and financial accounting in six core technical competency areas:
    • financial reporting
    • strategy and governance
    • management accounting
    • audit and assurance
    • finance
    • taxation
  • two elective modules that allow you to deepen your skills in your areas of career interest. Four electives will be offered; you are required to choose two:
    • assurance
    • performance management
    • Canadian tax
    • finance
  • one capstone integrative module*, focusing on:
    • developing enabling competencies such as leadership and professional skills
    • integrating Chartered Professional Accountants of Canada (CPA Canada)’s core competencies
  • one capstone exam preparation module*, that prepares you for the Common Final Examination (CFE) that all candidates must successfully complete to become a Canadian CPA

*Capstone courses are culminating courses. In them, you demonstrate what you have learned over the course of the program.

Notes

  • While the program’s structure is modular, it should be viewed as a continuous build of knowledge and skill over a two-year time frame. Moving from module to module will allow for a change in context or emphasis, as well as for checkpoints at which progress can be evaluated. Candidates must pass each module-end examination to proceed to the next module.
  • The modules also include some knowledge acquisition beyond the academic prerequisite level.
  • This program will take two years to complete on a part-time basis as candidates work at relevant employment; however, candidates have up to a maximum of six years from date of registration to complete the CPA PEP.
  • The admission requirements are an undergraduate or master’s degree and specific subject area coverage.

Next steps

Scroll down for more information on CPA PEP modules and FAQs.