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
CPA Canada Program Timeline

CPA Canada Program Timeline

1. Prerequisite Courses

The first step in the CPA Canada program is completing the prerequisite courses. These courses are designed to ensure that candidates have a solid foundation in accounting, finance, and business. For example, courses like "Financial Accounting" and "Managerial Accounting" are essential. If you have a Bachelor of Commerce degree with a major in Accounting, you may already have covered these courses. However, if you lack certain prerequisites, you can enroll in additional courses through recognized institutions.

2. CPA Professional Education Program (PEP)

Once you have completed the prerequisite courses, the next phase is the CPA Professional Education Program (PEP). This is a comprehensive program that covers advanced topics in accounting, finance, and business strategy. The PEP is divided into modules, each focusing on a specific area. For instance, the "Core 1" module might cover financial reporting and assurance, while "Core 2" could focus on performance management and governance. Completing the PEP is crucial as it prepares you for the final exams and practical experience requirements.

3. Practical Experience

After completing the PEP, you must gain practical experience in a relevant field. This typically involves working in an accounting or finance role for a minimum of 30 months. The experience should be verified by a CPA or a designated professional. For example, if you work as an accountant in a public firm, you can accumulate the required hours while applying the knowledge you gained from the PEP. This practical experience is vital as it bridges the gap between theoretical knowledge and real-world application.

4. Final Exams

Once you have accumulated the necessary practical experience, the next step is to take the final exams. These exams are designed to test your comprehensive understanding of the CPA program's content. The exams are divided into two parts: the Common Final Examination (CFE) and the Professional Practice Exam (PPE). The CFE is a three-day exam that covers various competencies, while the PPE assesses your ability to apply professional judgment in real-world scenarios. Passing these exams is a critical milestone in becoming a CPA.

5. Certification

After successfully completing the final exams and practical experience requirements, you are eligible for certification as a CPA. This certification is recognized across Canada and internationally, making you a highly sought-after professional in the accounting and finance industry. For example, once certified, you can work in various roles such as financial analyst, auditor, or tax consultant. The certification process also involves maintaining ongoing professional development to ensure you stay updated with industry changes and advancements.