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If you’re a student from the legacy CMA Strategic Leadership Program (SLP), learn the transition guidelines for completing the CPA certification program and how to complete your CMA practical experience requirements (PER).
The CPA profession is committed to ensuring that the education and experience you completed for a legacy designation will be recognized towards the CPA designation, and you will therefore make the transition to the appropriate point in the CPA certification program.
Legacy students have until September 1, 2018 (August 31, 2018 in B.C.) to complete legacy practical experience requirements (PER). The profession will continue to recognize legacy PER completed by September 1, 2018.
If you transitioned to the CPA Professional Education Program (CPA PEP), you must successfully complete the program and Common Final Examination (CFE) by June 30, 2022 to retain your exemption and transition rights.
If you complete the CPA PEP and CFE by June 30, 2022, you must complete the CPA PER by June 30, 2023 to attain certification.
For more detailed information, refer to the Transition Student Guidelines, which identifies the key CPA transition and requirement completion deadlines, as well as the consequences for not meeting these deadlines.
It has been determined that knowledge gaps exist between the legacy education programs and the CPA PEP. Bridging material has been developed by the CPA profession and is available to all transitioning candidates. Transitioning CMA candidates fall into three key bridging areas:
To prepare transitioning students and candidates for the CPA program, bridging programs to cover the required prerequisite knowledge in audit, tax and finance modules are now available in English. Please contact CPA Quebec for information on the bridging programs offered in French.
Transitioning CMA candidates who completed year 1 of the CMA SLP have the opportunity to challenge specific CPA PEP modules:
All transitioning students are required to complete Capstone 1, Capstone 2 and the Common Final Examination.
All practical experience recognized for qualification for the CMA designation will be recognized equally towards the CPA program until the transition deadlines as identified in Transition Student Guidelines.
If you have any questions about the CMA legacy practical experience requirements, please contact your provincial/regional body.
September 18, 2017
Jointly presented by CPA Canada and CPA Ontario, The ONE is the must-attend, multi-track event of the year, designed for all CPAs who want to be at the top of their game.
Learn about CPA Canada’s board of directors and the upcoming Annual General Meeting to be held in Quebec City on September 27, 2017.
September 7, 2017
The new U.S. reporting standard – subject to approval by the U.S. SEC – contains significant differences from Canadian auditor reporting standards. The AASB is looking at these differences to decide on next steps