The CPA Professional Education Program (CPA PEP) and the Common Final Exam (CFE)
The CPA PEP is the graduate level program that makes up the educational portion of the CPA certification program. The CPA PEP consists of a series of modules culminating in the CFE and is built upon the CPA competency map.
CPA PEP Modules
Core 1 and Core 2 focus on financial accounting and reporting, and management accounting, planning and control.
Students choose two elective modules. Students wishing to pursue a Public Accounting Licence must select Assurance and Taxation.
Capstone Integrative Module (Capstone 1) deepens strategic leadership competencies by using the knowledge acquired in prerequisite and earlier modules in a professional team setting. Students complete a large business case which relates to Day 1 of the CFE.
Capstone Examination Preparation Module (Capstone 2) focuses on preparing students for entry into the profession by applying competencies acquired throughout the CPA program in complex and highly integrative cases. Students develop their enabling competencies in situations which simulate real-life projects and assignments that newly certified CPAs may encounter in their careers.