CPA Program Prerequisites

Entry requirements to the CPA Professional Education Program (CPA PEP) include the successful completion of prerequisite courses and a 120 credit hour (4 year) undergraduate degree from a recognized post-secondary institution. If the degree program did not include all of the necessary prerequisite courses, applicants may complete equivalent coursework through the CPA preparatory courses, or a recognized post-secondary institution.

The prerequisite courses (specific courses will vary by educational institution) consist of:

  • Introductory Financial Accounting
  • Introductory Management Accounting
  • Economics
  • Statistics
  • Intermediate Financial Reporting 1
  • Intermediate Financial Reporting 2
  • Advanced Financial Reporting
  • Corporate Finance
  • Audit and Assurance
  • Performance Management
  • Taxation
  • Intermediate Management Accounting
  • Business Law
  • Information Technology

 

Transfer Credit Guides

In addition to the CPA preparatory courses, the prerequisite courses can also be met through approved courses at recognized post-secondary institutions in Manitoba. CPA transfer credit guides are available for the following institutions:

Both the degree and prerequisite course requirements for CPA PEP can also be met through specific online universities, such as Athabasca University.

CPA transfer credit guides are reviewed regularly. When a change is made, the old requirement is valid for two years after the new requirement is published. The transfer credit guide will reflect the updated requirement and when it takes effect. For example:

XYZ University
Intermediate Management Accounting ACCT 123¹+ACCT 456¹ + ACCT 789
Performance Management ACCT 101² + ACCT 102² + ACCT 789

¹ Added in November 2016. Starting November 2018, all three courses must be taken to receive transfer credit.
² Added in December 2016. Starting December 2018, all three courses must be taken to receive transfer credit.