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CPA PEP AND CFE SCHEDULE

REFER HERE FOR CRITICAL DEADLINES

CPA PEP | CFE Schedule

NEW: EXTENDED CORE 1 AND EXTENDED CORE 2 MODULE PILOT – OCTOBER 2018 – MARCH 2019

To better support students’ success in CPA PEP, the CPA profession will be testing Extended Core 1 and Extended Core 2 modules. These pilot* modules will be offered as an alternative option to the regular Core 1 and Core 2 modules, students enrolled in the extended modules are not permitted to switch to the regular offerings. The extended Core 1 and Extended Core 2 modules are designed to accommodate students who are not able to dedicate the time and effort required in the regular modules. The extended modules will comprise the same content and structure as the regular modules but extend approximately twice the duration (16 weeks as opposed to 8 weeks) in order to provide students with additional time to manage the requirements of the modules in addition to their personal commitments. Exams for the extended modules fall in the Winter 2019 Term, for exact exam dates please review the PEP Schedule.


*This is a pilot and may not be offered again in future sessions and only apply to the Core 1 and Core 2 PEP Modules.

The CPA Professional Education Program (CPA PEP) and the Common Final Examination (CFE)

The CPA Professional Education Program (CPA PEP) is the graduate level program that makes up the educational portion of the CPA certification program. The CPA PEP consists of a series of modules culminating in the Common Final Examination (CFE) and is built upon the CPA competency map


CPA PEP Modules

Click here for CPA PEP overview video [Length: 9 minutes]


Core Modules

Core 1 and Core 2 focus on financial accounting and reporting, and management accounting, planning and control.


Elective Modules

Students choose two elective modules. Students wishing to pursue a Public Accounting Licence must select Assurance and Taxation.


Capstone Modules

Capstone Integrative Module (Capstone 1) deepens strategic leadership competencies by using the knowledge acquired in prerequisite and earlier modules in a professional team setting. Students complete a large business case that relates to Day 1 of the CFE.

Capstone Examination Preparation Module (Capstone 2) focuses on preparing students for entry into the profession by applying competencies acquired throughout the CPA program in complex and highly integrative cases. Students develop their enabling competencies in situations that simulate real-life projects and assignments that newly certified CPAs may encounter in their careers.

Case Writing Module

This supplemental case study module has been designed to assist students in preparing for the CFE. This optional self-study module will provide students with a number of videos that will walk through how to ensure a student appropriately reads, understands and answers the required in a case. The module consists of a number of short videos to help students read a case carefully, answer the required so as to demonstrate depth, use the calculations and numbers in a case etc. The case study module uses cases which have not been used in Capstone 2.

The Supplement to Capstone 2 module option can be purchased for $25.00 (plus HST) Enrol here to get started.

CPA PROFESSIONAL EDUCATION PROGRAM (CPA PEP) COURSE MATERIAL, RESULTS AND OTHER INFORMATION


COURSE MATERIAL

At least one week prior to the module start date, you will receive an email from Brightspace (D2L), the online learning platform, with your login and password. All the module material will be delivered through Brightspace (D2L), where you also have access to schedules, webinars, discussion boards and other learning tools. Material will be posted three days prior to a module's start date. Should you experience any difficulty with Brightspace (D2L), please submit a ticket through the CPA Canada Student Support Web Portal. Please include your Candidate ID in the ticket submission.


WORKSHOPS

Each module includes one weekend classroom workshop (Saturday and Sunday). Core 1 contains an additional weekend orientation workshop. Attendance at the workshops in their entirety is mandatory. Learn more about PEP Workshops.


EXAMINATIONS

Examinations are used to measure whether students have acquired the knowledge and developed the skills and competencies expected within the modules and courses. Learn more about CPA PEP Examinations.


EXAMINATION SOFTWARE

CPA Ontario uses Surpass, a special "lockdown" software, for examinations. Students must install, verify and update Surpass, as required. Learn more.


RESULTS

CPA PEP examination results are posted on Brightspace (D2L) approximately two weeks after each exam. A student will be deregistered after their third unsuccessful attempt at either Core 1, Core 2, Capstone 1, Capstone 2 or the CFE. For an elective module, after three unsuccessful attempts, no further attempts for that module or examination can be made. Students who are unable to successfully complete two of the electives will be deregistered. Refer to Regulation 9-1, section 1.18 for the definition of an unsuccessful attempt and section 47.5 for the details and timing of deregistrations.

Also, it is critical to understand that a Student who has been deregistered shall not be reregistered except in extraordinary circumstances at the discretion of, and on the terms and conditions deemed appropriate by, the Registrar or Vice President, Student Services, the Admission and Registration Committee, or the Appeal Committee, as the case may be.


APPEALS – CPA PEP MODULE EXAMINATION RESULTS

Students who were unsuccessful in CPA PEP module examinations may request an appeal. Students will be notified if their appeal was successful or unsuccessful — no additional information will be provided.

The fee for each appeal is $195 plus HST. Appeal fees will be refunded if the appeal is successful.

The deadline to submit an appeal is 5 p.m. on October 16, 2018.

To request an appeal, select the appropriate module below:

WITHDRAWALS AND DEFERRALS

Students may withdraw from, or defer, a CPA PEP exam by submitting their request online. Exams may be deferred only once. A fee may be required. For more information, please refer to the CPA PEP Withdrawals and Deferrals.


QUESTIONS?

Refer to the CPA PEP FAQs and the CPA PEP Examination FAQs.

COMMON FINAL EXAMINATION (CFE)

The CFE is the three-day final exam that caps the education portion of the CPA certification program. Students may attempt the CFE three times.


COMPETENCIES

The CFE evaluates students on the competencies defined by the Competency Map, which outlines the knowledge, skills and proficiency levels you must have as a Canadian CPA.

Competencies

Students must demonstrate depth in either Financial Reporting or Management Accounting as well as depth in one of the other technical competency areas (elective depth role). Students also have to demonstrate breadth in all six technical competencies.

Students wishing to pursue a Public Accounting Licence must have passed Assurance and Taxation. Learn more on how to become a Licensed Public Accountant.

CASE WRITING MODULE

This supplemental case study module has been designed to assist students in preparing for the CFE. This optional self-study module will provide students with a number of videos that will walk through how to ensure a student appropriately reads, understands and answers the required in a case. The module consists of a number of short videos to help students read a case carefully, answer the required so as to demonstrate depth, use the calculations and numbers in a case etc. The case study module uses cases which have not been used in Capstone 2.

The Supplement to Capstone 2 module option can be purchased for $25.00 (plus HST) Enrol here to get started.


HOW TO ENROL

  1. Go to the CFE Enrolment page for examination details.
  2. Log in to the CFE portal.
  3. Follow the prompts to select your elective depth role, location, etc.
  4. Pay the applicable fees.

Click here to watch the CPA PEP How to Enrol Video [Length: 8 minutes]


SCHEDULE

In 2018 and 2019, the CFE will be offered once in each respective year. The planned dates of the CFE are:

  • 2018: September 12, 13 and 14
  • 2019: September 11, 12 and 13

The decision as to whether to offer one or two CFEs in 2020 and beyond is currently under evaluation.


RESULTS

2018 CFE results will be available on Friday, November 30, 2018 at 10 a.m. Refer to the CPA PEP schedule for the results date.

All successful writers who gave their consent when they enrolled for the CFE will have their names posted on the CPA Ontario website.

CFE papers are the property of CPA Ontario. Under no circumstances will examination papers be returned or made available to a student after being submitted for marking.


REVIEWS AND REPORT

Unsuccessful writers may apply online for an appeal and/or a Performance Analysis Report (PAR). Learn more.


PUBLIC ANNOUNCEMENT

CPA Ontario publishes an ad with the names of all successful writers in the Globe and Mail within a few days of convocation.


CONVOCATION

Convocation celebrates the achievement of the successful writers. Ceremonies are held in March and November, and invitations are issued six weeks in advance of the celebration.


ADMISSION TO MEMBERSHIP

Students who have completed the practical experience requirements in addition to the CFE may be eligible for admission to membership.