ACAF entrance requirements

Learn about the entry requirements for the Advanced Certificate in Accounting and Finance (ACAF) program.

Important change to ACAF program delivery

Effective January 1, 2018, the CPA profession will no longer deliver ACAF applied courses. The profession will continue to offer ACAF prerequisite requirements and technical courses through CPA preparatory courses, while all ACAF courses will be delivered through accredited programs and courses offered by post-secondary institutions (PSIs). Beginning September 2017, select PSIs will begin offering accredited ACAF applied courses. Contact your provincial/regional CPA body for additional information.

ENTRANCE REQUIREMENTS

Prior to enrolling in any technical courses, it is recommended students successfully complete the following five entry courses, typically covered in an accounting diploma program:

  • Introductory Financial Accounting
  • Introductory Management Accounting
  • Intermediate Financial Reporting 1
  • Intermediate Financial Reporting 2
  • Business Law

These five courses are prerequisites for specific technical and applied courses.

For admission to the ACAF program offered through the profession, you can meet the entry requirements through CPA preparatory courses if you have completed 30 credit hours of study at a recognized PSI or three years of relevant work experience. Entry requirements can also be met through courses at PSIs. Each post-secondary institution has different admission requirements. Contact your provincial/regional CPA body to find out the post-secondary institutions that offer ACAF accredited programs and courses and their admission requirements.

Admission to the ACAF program also requires you to be able to use Microsoft Excel to:

  • format a spreadsheet or a block of cells
  • enter and edit formulas, values and text using relative and absolute referencing
  • copy, move and protect cells
  • insert and delete columns and rows
  • use basic financial, statistical and mathematical functions
  • create and print charts and graphs, create data tables

An optional Excel module is available to help you ensure you have the required Excel skills.