CPA Canada
1 **Introduction to the CPA Program**
1 Overview of the CPA Program
2 Structure and Components of the CPA Program
3 Eligibility Requirements
4 Application Process
5 Program Timeline
2 **Ethics and Professionalism**
1 Introduction to Ethics
2 Professional Standards and Conduct
3 Ethical Decision-Making Framework
4 Case Studies in Ethics
5 Professionalism in Practice
3 **Financial Reporting**
1 Introduction to Financial Reporting
2 Financial Statement Preparation
3 Revenue Recognition
4 Expense Recognition
5 Financial Instruments
6 Leases
7 Income Taxes
8 Employee Benefits
9 Share-Based Payments
10 Consolidation and Equity Method
11 Foreign Currency Transactions
12 Disclosure Requirements
4 **Assurance**
1 Introduction to Assurance
2 Audit Planning and Risk Assessment
3 Internal Control Evaluation
4 Audit Evidence and Procedures
5 Audit Sampling
6 Audit Reporting
7 Non-Audit Services
8 Professional Skepticism
9 Fraud and Error Detection
10 Specialized Audit Areas
5 **Taxation**
1 Introduction to Taxation
2 Income Tax Principles
3 Corporate Taxation
4 Personal Taxation
5 International Taxation
6 Tax Planning and Compliance
7 Taxation of Trusts and Estates
8 Taxation of Partnerships
9 Taxation of Not-for-Profit Organizations
10 Taxation of Real Estate
6 **Strategy and Governance**
1 Introduction to Strategy and Governance
2 Corporate Governance Framework
3 Risk Management
4 Strategic Planning
5 Performance Measurement
6 Corporate Social Responsibility
7 Stakeholder Engagement
8 Governance in Not-for-Profit Organizations
9 Governance in Public Sector Organizations
7 **Management Accounting**
1 Introduction to Management Accounting
2 Cost Management Systems
3 Budgeting and Forecasting
4 Performance Management
5 Decision Analysis
6 Capital Investment Decisions
7 Transfer Pricing
8 Management Accounting in a Global Context
9 Management Accounting in the Public Sector
8 **Finance**
1 Introduction to Finance
2 Financial Statement Analysis
3 Working Capital Management
4 Capital Structure and Cost of Capital
5 Valuation Techniques
6 Mergers and Acquisitions
7 International Finance
8 Risk Management in Finance
9 Corporate Restructuring
9 **Advanced Topics in Financial Reporting**
1 Introduction to Advanced Financial Reporting
2 Complex Financial Instruments
3 Financial Reporting in Specialized Industries
4 Financial Reporting for Not-for-Profit Organizations
5 Financial Reporting for Public Sector Organizations
6 Financial Reporting in a Global Context
7 Financial Reporting Disclosures
8 Emerging Issues in Financial Reporting
10 **Advanced Topics in Assurance**
1 Introduction to Advanced Assurance
2 Assurance in Specialized Industries
3 Assurance in the Public Sector
4 Assurance in the Not-for-Profit Sector
5 Assurance of Non-Financial Information
6 Assurance in a Global Context
7 Emerging Issues in Assurance
11 **Advanced Topics in Taxation**
1 Introduction to Advanced Taxation
2 Advanced Corporate Taxation
3 Advanced Personal Taxation
4 Advanced International Taxation
5 Taxation of Complex Structures
6 Taxation in Specialized Industries
7 Taxation in the Public Sector
8 Emerging Issues in Taxation
12 **Capstone Project**
1 Introduction to the Capstone Project
2 Project Planning and Execution
3 Case Study Analysis
4 Integration of Knowledge Areas
5 Presentation and Defense of Findings
6 Ethical Considerations in the Capstone Project
7 Professionalism in the Capstone Project
13 **Examination Preparation**
1 Introduction to Examination Preparation
2 Study Techniques and Strategies
3 Time Management for Exams
4 Practice Questions and Mock Exams
5 Review of Key Concepts
6 Stress Management and Exam Day Tips
7 Post-Exam Review and Feedback
2 Study Techniques and Strategies Explained

Study Techniques and Strategies Explained

1. Active Recall

Active Recall is a study technique that involves actively retrieving information from memory rather than passively reviewing it. This method strengthens memory retention and understanding by forcing the brain to engage with the material in a more meaningful way.

Example: Instead of simply reading through notes on tax regulations, a CPA student might create flashcards with key concepts and test themselves periodically. This active retrieval process helps reinforce the information in their long-term memory.

2. Spaced Repetition

Spaced Repetition is a study strategy that involves reviewing material at increasing intervals over time. This technique leverages the psychological spacing effect, which suggests that information is more easily recalled if it is reviewed periodically rather than crammed all at once.

Example: A CPA student might review their notes on financial reporting standards every few days initially, then weekly, and finally monthly as the exam approaches. This gradual spacing ensures that the information remains fresh and easily retrievable.

Examples and Analogies

a. Active Recall

Think of Active Recall as a mental workout. Just as physical exercise strengthens muscles, actively retrieving information strengthens neural connections, making it easier to recall the material when needed.

b. Spaced Repetition

Spaced Repetition can be compared to watering a plant. Just as a plant needs regular watering to grow and thrive, information needs regular review to be retained and understood effectively.

Insights and Value Addition

Understanding and applying these study techniques and strategies can significantly enhance learning efficiency and exam performance. Active Recall ensures that information is deeply embedded in memory, while Spaced Repetition helps maintain that retention over time. These methods are particularly valuable for complex subjects like CPA studies, where comprehensive understanding and long-term retention are crucial.

Example: A CPA student who uses both Active Recall and Spaced Repetition is likely to perform better on exams and retain the knowledge for practical application in their future career, making them more effective and confident in their professional practice.