CPA Professional Education Program: Core 1 module

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

The CPA PEP begins with two mandatory core modules in which you build the enabling and technical competencies required of a professional accountant. The objective of the Core 1 module is to provide you with a complete understanding of the most fundamental concepts in financial accounting and reporting, as well as an introduction to technically complex accounting issues.

Core 1 focuses on:

  • financial reporting
  • audit and assurance
  • taxation
  • finance


The core modules blueprint provides you with information on what to expect from these examinations, including the weighting placed on the different competencies and the study materials you can use while completing them.

Example of Core 1 case

A core case runs up to 60 minutes in length and assesses cross-competency integration, problem-solving and communication:

  • Atomic Excellence Inc.: This example focuses on financial reporting and assurance competencies and draws on entry-level learning.

Dates for the Core 1 module

The CPA PEP and CFE calendar provides the key dates for all CPA PEP modules as well as the Common Final Examination (CFE). Please contact your provincial/regional CPA body to see if these offerings are available in your area.