Planning Your Studies

Registration closes for the Spring 2019 CPA PEP session on March 18 and registration for 2019 Semester 2 CPA preparatory courses closes March 21. One of the things to consider when deciding whether to take a course or module is your overall schedule and when you plan to finish your studies.  

When planning your CPA studies, a few things to keep in mind and a few dates to mark in your calendars: 

  1. Work commitments. Do you know of a significant work deadline that falls around the same time as the exam? How confident are you that you’ll have enough time to prepare for the exam, or to devote to your work?
  2. Personal commitments. Getting married? Baby on the way? Congratulations! How much time will you have (or want) to devote to your studies with these significant life events on the horizon? If you already have a family, how much time can you take away from them to study?
  3. Workshop dates. CPA PEP workshops are mandatory, so make sure you note when they fall, as the dates are different for each module. And remember that Core 1 has two workshops, both of which you’ll need to attend.
  4. Exam dates. CPA PEP exams are typically written on Wednesdays or Thursdays and CPA preparatory course exams are typically written on Fridays or Saturdays. If your exam falls on a weekday, plan to take the entire day off work and put it in your calendar as soon as you register. If you take a day or two off for studying, block those out, too.
  5. Intensity. CPA studies are intense. CPAWSB is currently piloting extended versions of the Core CPA PEP modules that span two module sessions. Consider these options (offered over the Spring/Summer and Fall/Winter sessions) if you think you might need a little more time between assignments.
  6. Registration periods. Module and course registration for the next session or semester happens during the current session. So, if you are planning to take two or more CPA preparatory courses or CPA PEP modules in a row—without breaks—you might need to register for the next one without knowing the result of your current course or module. If it turns out you’re unsuccessful in a prerequisite (for example, Intermediate Financial Reporting 1 or Core 2) you’ll be withdrawn from Financial Reporting 2 or the elective without penalty and provided a full refund. School staff will contact you about next steps.
  7. Your ultimate plan. If you’re pursuing CPA studies, you are probably already a planner, and likely have a good idea of when you want to write the CFE. Working back from there, you can map your schedule of courses and modules. Starting in 2020, when two CFEs will be offered the Capstone modules will also be offered twice, in the months preceding each CFE. Keep that in mind as you think about your schedule.

Contact prepadvising@cpawsb.ca if you have questions about planning your CPA preparatory course schedule or cpamodule@cpawsb.ca if you have questions about planning your CPA PEP module schedule.