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School of Continuing Studies | University of Toronto

Chartered Professional Accountants of Ontario (CPA Ontario)

The School of Continuing Studies is the first in Canada to have its courses recognized by CPA Canada’s new National Recognition Standards for Post-Secondary Institutions. The School’s courses meet the pre-requisite requirements for entry into the CPA Professional Education Program (PEP) and by completing them you gain a head start in becoming a CPA.

About the Chartered Professional Accountant of Ontario (CPA Ontario)

Chartered Professional Accountants are trusted by Canada’s business leaders to help make the financial, strategic and leadership decisions that matter. The CPA profession’s commitment to excellence and to the public interest provides the crucial foundation for this trust. In fact, Canadian CPAs are recognized around the world for high professional standards and expertise.

  • CPA Ontario protects the public interest by ensuring its members meet the highest standards of integrity and expertise. CPA Ontario serves and supports its more than 87,000 members and 19,000 students in their qualification and professional development in a wide range of senior positions in public accounting, business, finance, government, not-for-profits and academe. Chartered Professional Accountants are valued by organizations of all types and sizes for their financial expertise, strategic thinking, business insight, management skills and leadership.
  • Public accounting is a core CPA activity and always will be. However, more than 80 per cent of Ontario’s more than 87,000 CPAs practise outside public accounting in positions in businesses of every size (as CEOs, CFOs, VPs Finance, etc.), in government, academe or the not-for-profit sector. A large proportion of our more than 19,000 students are also articling or working outside public accounting in a variety of roles in all sectors of the Canadian economy.

Become a Chartered Professional Accountants (CPA)

A CPA designation provides you with the skills and knowledge that are in high demand. Being a CPA is about having the designation that gives you the opportunity to build the career you want. It’s your ticket to a world of opportunities in accounting and finance. CPAs are in demand thanks to their financial expertise, strategic thinking, business insight and management skills. Becoming a CPA requires a student to successfully complete:

  • the Academic Prerequisites for admission into the CPA Professional Education Program (CPA PEP);
  • the CPA PEP, including the Common Final Examination (CFE) and;
  • the Practical Experience Requirement (PER).

Earn the Advanced Certificate in Accounting and Finance (ACAF)

The ACAF will provide you with the job-ready skills that employers across the country value within the accounting and finance functions of their businesses. The ACAF is an online education program for those aspiring to accounting careers, but not as designated CPAs. Many exciting career opportunities in accounting and finance do not require a professional accounting designation. The ACAF qualifies you for intermediate level accounting jobs in business, not-for-profit, government and accounting firms. This program is designed to enhance your existing education and experience with additional skills employers’ value. The ACAF program is made up of 11 courses: six technical courses and five applied courses. Each course has six to eight weeks of study, followed by a study week and an in-person final examination.

What are Preparatory Courses?

Preparatory courses, previously called the CPA Prerequisite Education Program (CPA PREP), are the courses offered by CPA Ontario that encompass the entrance requirements for both the CPA PEP and the ACAF program.

  • For individuals interested in becoming a CPA, the prerequisite course requirement for entry into the CPA PEP can be fulfilled by completing the 14 preparatory courses that cover all of the required subject areas, or equivalent through a post-secondary institution.
  • For individuals interested in earning the ACAF, the entry and technical course requirement can be fulfilled by completing 11 preparatory courses, or equivalent through a post-secondary institution.

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Earn the Advanced Certificate in Accounting & Finance (ACAF) The Advanced Certificate in Accounting and Finance (ACAF) is an online...

Become a Chartered Professional Accountant (CPA) Becoming a Chartered Professional Accountant (CPA) is your ticket to a world of opportunities...