If you are seeking admission to the CPA PEP but lack some or all of the necessary prerequisites for entry (based on your transcript evaluation conducted by your provincial/regional CPA body), you can take CPA preparatory courses to gain the knowledge requirements you are missing. You only have to complete the courses you require. If you are an ACAF student, you can complete CPA preparatory courses to fulfill the five entry and six technical courses that are part of the ACAF program structure. There are 14 CPA preparatory courses, and each course ends with an examination. The sequence in which you take them is important as some courses are prerequisites for others. For more information, refer to the CPA preparatory courses syllabus. The courses use a blend of self-study and instructor-facilitated learning formats. SELF-STUDY COURSES The following courses are offered on a self-study basis. Upon registration, but no earlier than 12 weeks prior to the exam, you will be provided with all necessary study materials. You must receive a grade of 50 per cent or higher in order to successfully pass each course. Self-study courses include: Introductory Financial Accounting Introductory Management Accounting Economics* Statistics* Business Law* Information Technology* * These courses can be taken at any time, subject to availability. Note: If you are pursuing your CPA designation, the self-study courses are also referred to as non-core courses. INSTRUCTOR-FACILITATED COURSES The following courses are led by instructors who are responsible for reviewing and providing feedback on course assignments and responding to student questions. You must successfully complete or have exemption from the Introductory Financial Accounting and Introductory Management Accounting in order to enroll in the following courses. You must receive a grade of 60 per cent or higher in order to successfully pass each course. Instructor-facilitated courses include: Intermediate Financial Reporting 1 Intermediate Financial Reporting 2 Advanced Financial Reporting Corporate Finance Audit and Assurance Taxation Intermediate Management Accounting Performance Management Note: If you are pursuing your CPA designation, the instructor-facilitated courses are also referred to as core courses. Fees and Schedule This nationally developed program is delivered provincially — or, in some cases, regionally — on a part-time basis to offer maximum flexibility and accessibility. Effective June 24, 2017, the semester course offering will change from a five-semester system to a four-semester system. The first two semesters of the 2017 CPA preparatory course schedule will remain the same. If you are currently enrolled in CPA preparatory courses, this change will not directly impact your education progress. For information about the module fees and scheduling in your area, please contact your provincial/regional body.