Intermediate Financial Reporting 1: CPA preparatory courses

Learn about the Intermediate Financial Reporting 1 CPA preparatory course.

If you are seeking admission to the CPA Professional Education Program (CPA PEP) or the Advanced Certificate in Accounting and Finance (ACAF), you can take CPA preparatory courses to gain the knowledge requirements you are missing.

Intermediate Financial Reporting 1 is an instructor-facilitated (core) course that builds on the skills acquired in Introductory Financial Accounting, focusing primarily on the assets side of the statement of financial position, including:

  • cash
  • receivables
  • inventories
  • capital
  • intangible assets
  • investments

The syllabus provides detailed information on the content of the course as well as the other CPA preparatory courses. The examination blueprint outlines the structure and length of course final examinations.

Prerequisite courses

You must complete or receive exemption from the following prerequisite courses in order to take Intermediate Financial Reporting 1:

Schedule

This course is delivered provincially — or, in some cases, regionally — on a part-time basis to offer maximum flexibility and accessibility. Please contact your provincial/regional body to see which offerings are available in your area.

2018

Semester 4:

  • Course start date: October 13, 2018
  • Final examination date: November 30, 2018
  • Final marks release date: December 17, 2018

2019

Semester 1:

  • Course start date: January 5, 2019
  • Final examination date: February 22, 2019
  • Final marks release date: March 11, 2019

Semester 2:

  • Course start date: March 30, 2019
  • Final examination date: May 24, 2019
  • Final marks release date: June 10, 2019

Semester 3:

  • Course start date: July 13, 2019
  • Final examination date: September 6, 2019
  • Final marks release date: September 23, 2019

Semester 4:

  • Course start date: October 5, 2019
  • Final examination date: November 29, 2019
  • Final marks release date: December 16, 2019