CPA Canada logoCPA – the new Chartered Professional Accountant designation

The Canadian Institute of Chartered Accountants (CICA) and Certified Management Accountants (CMA) Canada joined on January 1, 2013 to create a new, unified national organization: Chartered Professional Accountants (CPA) Canada, which will administer the new CPA designation.

New degree requirement:

CPA students must have completed an undergraduate degree with at least 120 credit hours of education (e.g., online Bachelor of Commerce, Accounting major).

If you have a degree with fewer credit hours or in an unrelated area (outside of accounting), you may need to apply to the CPA Prerequisite Education Program and make up modules you have not covered. See links to CPA PREP in the right column or contact your provincial association.

Minimum grade requirements:

Students should always aim to achieve a C+ minimum. For specific details regarding minimum grades and minimum GPA requirements, download a copy of the CPA Harmonized Education Policy. (Minimum grade and GPA requirements are found on page 4).

Full information:

CPA National Recognition and Accreditation Standards »

CPA Professional Education Program (PEP) Prerequisites

Courses listed below are CPA course equivalencies and transferability should be confirmed by your provincial or regional CPA body. To determine how CPA courses may transfer directly to AU please visit our transfer credit database.

CPA PREP ModuleCPA PrerequisitesAU Course Equivalent
Effective September 1, 2016; subject to change without notice. ALWAYS check requirements with your provincial CPA association. Updated July 2016.
*Previously ACCT 460 & ACCT 465; ACCT 465 no longer required.
Financial ReportingBComm-Accounting
1Introductory Financial AccountingACCT 253
2Introductory Management AccountingACCT 355
3Economics (Micro & Macro)ECON 247 + ECON 248
4StatisticsMGSC 301 or MGSC 312 or MATH 215
5.1 Intermediate Financial Reporting IACCT 351
5.2 Intermediate Financial Reporting IIACCT 352
5.3Advanced Financial ReportingACCT 451
6Corporate FinanceFNCE 370
7Audit and AssuranceACCT 460*
8TaxationTAXX 301 + TAXX 401
9Intermediate Management AccountingACCT 355 + ACCT 356 + ACCT 454
10Performance ManagementADMN 404 + ACCT 356 + ACCT 454
11Business LawLGST 369
12Information TechnologyCMIS 351

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CPA

CPA PREP

CPA preparatory courses are designed for those who lack some or all of the prerequisite knowledge required for admission to the CPA Professional Education Program (CPA PEP) or who wish to complete the Advanced Certificate in Accounting and Finance (ACAF).

Information on this site is the most recent available at time of posting. However, designation requirements are stipulated by each provincial accounting association and may change at any time.

Contact your provincial association to have an assessment completed and your course requirements confirmed. Keep this information for your records.