Why is the profession stopping its support for the ACAF program?
- The CPA profession and Athabasca University stand behind the quality of the ACAF program. However, our research found that accounting diplomas are well regarded in the market and offer almost the same opportunities and salary lifts as ACAF.
- This speaks to the quality of the existing accounting programs available, including the ones offered at AU.
For this reason, the CPA profession has informed us they will begin winding down involvement with the ACAF program effective immediately, with the last two national exams taking place in February 2020 and February 2021. No further exams will be offered and there will be no extensions past the 2021 exam for unsuccessful writers.
What does this mean for me?
- We would like to thank all the students currently enrolled for their interest in the ACAF program. The time and effort you have invested in your studies is valuable, and you have gained marketable skills through a quality program.
- For those students nearing completion of the program: the CPA profession will ensure there are chances in the future to challenge the national ACAF exam. Those are being offered in February 2020 and February 2021. No further exams will be offered and there will be no extensions past the 2021 exam for unsuccessful writers.
- Those who successfully complete the program will be able to note their ACAF certificate on their resume in perpetuity.
- For those students who have either just entered the ACAF program or are part-way through: the competencies that were covered will serve you well, and you will be able to finish your studies though another of our accounting programs, which are well-recognized and respected by the market and will provide job-ready skills.
Please contact an advisor through the Student Support Centre to discuss your individual circumstances and what options you may have moving forward.