CPA Professional Education Program: Capstone integrative module (Capstone 1)

Learn about the Capstone 1 module of the CPA Professional Education Program (CPA PEP).

The capstone modules are culminating courses in which you demonstrate what you have learned over the course of the CPA PEP.

Capstone 1 is primarily suited for formative assessment rather than summative assessment due to the linkage with Day 1 of the Common Final Examination (CFE). While all aspects of Capstone 1 are important to the profession, not all will be replicated on Day 1 of the CFE. For instance, oral communication, leadership and teamwork competencies will not be evaluated on the CFE, so the profession has integrated summative assessment opportunities for those competencies within Capstone 1.


You will be evaluated using these three key learning activities:

  • team reflections, which include individual reflections and peer evaluations
  • board report, which is the main content deliverable for this module
  • oral team presentations and question-and-answer period, which involves a panel and peer evaluation

You will:

  • work in groups to research specific topic areas and complete assignments
  • draft and orally present a business case
  • use core and elective competencies while developing key enabling skills
  • be assessed on abilities in competencies such as teamwork, negotiation and oral communication

You will also complete a large business case, which relates to Day 1 of the CFE.

Dates for Capstone 1 module

The 2019 and 2020 calendars have been approved nationally. Key dates related to Capstone 1 are:

Spring 2019 session:

  • Module dates: Saturday, May 11 to Friday, July 5
  • Presentation dates: Saturday, July 6 to Tuesday, July 9
  • Presentation revision dates: Wednesday, July 10 to Saturday, July 13

2020 schedule:

The 2020 CPA PEP and CFE Calendar provides the key dates for the 2020 CPA PEP modules and the Common Final Examination (CFE).

Please contact your provincial/regional CPA body to see if these offerings are available in your area.