CPA Ontario
(The Institute of Chartered Accountants of Ontario)
69 Bloor Street East, Toronto, ON M4W 1B3
Tel: 416.962.1841 Fax: 416.962.8900 Toll Free: 1.800.387.0735
www.cpaontario.ca
CPA, CA LEGACY PROFESSIONAL PROGRAM
Academic Qualification Requirements
Chartered Professional Accountancy is a dynamic profession. Its education requirements are geared to
meet the increasing demand for the many services that CPAs provide now and in the future.
Entry Routes to Becoming a CPA, CA
The main entry route to becoming a CPA, CA is a bachelor degree. Details on the several possible entry
routes to CPA, CA qualification are provided CPA Ontario’s Regulation 6-4; Student Registration.
Degree Requirement
The core academic qualification requirement consists of a 4-year, 120-academic-credit-hour university
degree in any discipline from any recognized degree-granting institutions, nationally and internationally;
relevant experience gained during co-op work terms may qualify as prescribed practical experience, but
not as academic requirement.
51-Credit-Hour Requirement
Students are required to successfully complete CPA Ontario-prescribed degree-credit courses that cover
all of the topics in The Chartered Professional Accountant Competency Map that are tested on the
Common Final Evaluation (CFE).
This requirement may be fulfilled as part of the required degree or as post-degree diplomas.
CPA Ontario-accredited university programs and streams offer CPA Ontario-prescribed courses that have
been approved as meeting the 51-credit-hour requirement as a whole. Students whose curriculum
departs from the approved courses listed in the accredited programs/streams may have to meet the 51credit-hour requirements of the non-accredited programs/streams.
Most of Ontario degree-granting institutions offer all or most of CPA Ontario-prescribed courses in their
business degree programs and so do many out-of-province degree-granting institutions. International
degree-granting institutions also offer courses that may be recognized toward the 51-credit-hour
requirement.
Bridging to the CFE
Students who meet the registration requirements of Regulation 6-4; Student Registration and the 51credit-hour requirements are eligible to enrol in Path B (CPA, CA) of CPA Path Decision Tree.
Students who meet the registration requirements of Regulation 6-1; Student Registration and the 51credit-hour requirements are eligible to enrol in Path C (CPA) of the CPA Path Decision Tree.
May 27, 2014
Page 1
CPA Ontario
(The Institute of Chartered Accountants of Ontario)
69 Bloor Street East, Toronto, ON M4W 1B3
Tel: 416.962.1841 Fax: 416.962.8900 Toll Free: 1.800.387.0735
www.cpaontario.ca
The specific areas of coverage are:
COMPETENCY AREA
Financial Accounting (Introductory, Intermediate, and Advanced)
Cost and Management Accounting
Advanced Accounting Elective (Financial, Managerial or Capstone)
Auditing (Introductory, Advanced and EDP)
Canadian Taxation (Personal and Corporate)
Management/Business Information Systems
Finance
Economics (Micro and Macro)
Canadian Business Law
Total
CREDIT-HOURS
REQUIRED
15
6
3
9
6
3
3
3
3
51
Computer Requirement
Regulation 6-4; Student Registration s. 2.4 requires that a student have access to a computer that meets
the minimum configuration requirements as set out by CPA Ontario from time to time. The current
computer requirements are as follows:
•
•
•
•
Computer capable of running Folioviews 4.5 software to access the CICA Handbook and related
infobases;
Access to the Internet;
Acrobat Reader 5.0 (minimum); and
A valid e-mail address.
May 27, 2014
Page 2
McMaster University
DeGroot School of Business
CPA Ontario’s
CA Legacy Qualification Program
Degree Program:
MBA
Academic Credit-Hour Equivalence
Students enrolling or currently enrolled in a program
leading to the qualifying four-year-120-academic-credithour degree and the CA Legacy 51-Credit-Hour
requirement will be provided bridging options to the
new CPA Qualification Program.
Academic Years:
60
2013-15
Total CA Legacy Credits Offered:
45
Description and notes
Detailed eligibility requirements for these options are
available on the CPA Professional Education Program
(PEP) under the CPA Path Decision Tree link.
Non Accredited Stream
Students who do not complete all the courses required
by the Accredited Stream are required to complete an
Advanced Auditing and an EDP Auditing course to meet
the CA Legacy 51-Credit-Hour requirement.
Co-op or internship credits do not count toward the
required 120 academic credit-hours.
Courses offered at other campuses and institutions will
be reviewed by CPA Ontario on a case-by-case basis.
COM 4AH3/BUS&COM 501 is only creditable to students
who complete all the courses listed in the Accredited
Stream chart.
Post-Diploma Degrees are subject to specific recognition
criteria pursuant to Regulation 6-4, among which, the
conferral of a two-year or a three-year diploma.
CA Legacy Credits are granted based on course content,
not on course code.
Subject to change without notice.
Financial Accounting
(15 credit hrs)
Assurance + IT (9 + 3)
Introductory Financial Accounting
BUSA 600
3
Auditing
Intermediate – Assets + Revenues
BUSA 701
3
Advanced Auditing
Intermediate – Liabilities + Equity
BUSA 702
3
EDP Auditing
Advanced – InterCo Investment +Forex +NFP
BUSA 703
3
Business/Management Information Systems
Advanced – Accounting Theory
BUSA 717
3
Taxation
Cost/Managerial Accounting
(6 credit hrs)
3
BUSA 721
3
Finance
Financial Statement Analysis
COM 4AJ3
/ B&C 503
or BUSA 750
3
May 27, 2014
Corporate Finance & Financial Management
Non- Core
1
(6 credit hrs)
BUSA 733
Intermediate – Cost/Managerial Accounting
3
3
3
Taxation – Corporate
COM 4AG3
/ B&C 500
BUSA 723
BUSA 730
3
Capstone
3
Taxation – Personal
BUSA 610
(3 credit hrs)
BUSA 745
1
Introductory – Cost/Managerial Accounting
Advanced Accounting Elective (one of)
(12 credit hrs)
(3 credit hrs)
BUSF 600
3
(6 credit hrs)
Micro and Macro Economics
BUSE 600
3
Canadian Business Law
BUSP 722
3
COM 4AH3/BUS&COM 501 is not creditable to students who do not graduate
from this stream with all the courses listed above.
CPA Ontario
Page 1
Queen’s University
School of Business
CPA Ontario’s
CA Legacy Qualification Program
Degree Program:
MBA
Academic Credit-Hour Equivalence
Students enrolling or currently enrolled in a program
leading to the qualifying four-year-120-academic-credithour degree and the CA Legacy 51-Credit-Hour
requirement will be provided bridging options to the
new CPA Qualification Program.
Academic Years:
60
2013-15
Total CA Legacy Credits Offered:
13.5
Description and notes
Detailed eligibility requirements for these options are
available on the CPA Professional Education Program
(PEP) under the CPA Path Decision Tree link.
The courses listed below have yet to be reviewed to
determine if they meet requirements.
Detailed course outlines with weekly agenda of
activities/learning must be submitted for review.
Co-op or internship credits do not count toward the
required 120 academic credit-hours.
Other MBA courses may be eligible for credits toward
CPA Ontario’s Credit-Hour requirement.
Courses offered at other campuses and institutions will
be reviewed by CPA Ontario on a case-by-case basis.
Post-Diploma Degrees are subject to specific recognition
criteria pursuant to Regulation 6-4, among which, the
conferral of a two-year or a three-year diploma.
CA Legacy Credits are granted based on course content,
not on course code.
Subject to change without notice.
Financial Accounting
Introductory Financial Accounting
(15 credit hrs)
MBAS 811
3
Assurance + IT (9 + 3)
Auditing
Intermediate – Assets + Revenues
Advanced Auditing
Intermediate – Liabilities + Equity
EDP Auditing
Advanced – InterCo Investment +Forex +NFP
Business/Management Information Systems
Advanced – Accounting Theory
Taxation
Cost/Managerial Accounting
Introductory – Cost/Managerial Accounting
(6 credit hrs)
MBAS 812
3
Advanced Accounting Elective
(3 credit hrs)
MBAS 840
1.5
(6 credit hrs)
Taxation – Personal
Taxation – Corporate
Finance
Intermediate – Cost/Managerial Accounting
(12 credit hrs)
Corporate Finance & Financial Management
Non- Core
Micro and Macro Economics
(3 credit hrs)
MBAS 821
3
(6 credit hrs)
MBAS 801
3
Canadian Business Law
May 27, 2014
CPA Ontario
Page 1
University of Ottawa
Telfer School of Management
CPA Ontario’s
CA Legacy Qualification Program
Degree Program:
MBA
Academic Credit-Hour Equivalence
Students enrolling or currently enrolled in a program
leading to the qualifying four-year-120-academic-credithour degree and the CA Legacy 51-Credit-Hour
requirement will be provided bridging options to the
new CPA Qualification Program.
Academic Years:
54
2013-15
Total CA Legacy Credits Offered:
Description and notes
Detailed eligibility requirements for these options are
available on the CPA Professional Education Program
(PEP) under the CPA Path Decision Tree link.
The courses listed below have yet to be reviewed to
determine if they meet requirements.
Detailed course outlines with weekly agenda of
activities/learning must be submitted for review.
Co-op or internship credits do not count toward the
required 120 academic credit-hours.
Other MBA courses may be eligible for credits toward
CPA Ontario’s Credit-Hour requirement.
Courses offered at other campuses and institutions will
be reviewed by CPA Ontario on a case-by-case basis.
Post-Diploma Degrees are subject to specific recognition
criteria pursuant to Regulation 6-4, among which, the
conferral of a two-year or a three-year diploma.
CA Legacy Credits are granted based on course content,
not on course code.
Subject to change without notice.
Financial Accounting
Introductory Financial Accounting
(15 credit hrs)
MBA 5340
Assurance + IT (9 + 3)
Auditing
Intermediate – Assets + Revenues
Advanced Auditing
Intermediate – Liabilities + Equity
EDP Auditing
Advanced – InterCo Investment +Forex +NFP
Business/Management Information Systems
Advanced – Accounting Theory
Taxation
Cost/Managerial Accounting
Introductory – Cost/Managerial Accounting
(6 credit hrs)
MBA 5241
MBA 5270
(6 credit hrs)
Taxation – Personal
Taxation – Corporate
Finance
Intermediate – Cost/Managerial Accounting
Advanced Accounting Elective
(12 credit hrs)
(3 credit hrs)
Corporate Finance & Financial Management
Non- Core
Micro and Macro Economics
(3 credit hrs)
MBA 5350
(6 credit hrs)
MBA 5355
Canadian Business Law
May 27, 2014
CPA Ontario
Page 1
University of Toronto
St George Campus
Rotman School of Management
CPA Ontario’s
CA Legacy Qualification Program
Degree Program:
MBA
Academic Credit-Hour Equivalence
Students enrolling or currently enrolled in a program
leading to the qualifying four-year-120-academic-credithour degree and the CA Legacy 51-Credit-Hour
requirement will be provided bridging options to the
new CPA Qualification Program.
Academic Years:
2013-15
Total CA Legacy Credits Offered:
Description and notes
Detailed eligibility requirements for these options are
available on the CPA Professional Education Program
(PEP) under the CPA Path Decision Tree link.
The courses listed below have yet to be reviewed to
determine if they meet requirements.
Detailed course outlines with weekly agenda of
activities/learning must be submitted for review.
Co-op or internship credits do not count toward the
required 120 academic credit-hours.
Other MBA courses may be eligible for credits toward
CPA Ontario’s Credit-Hour requirement.
Courses offered at other campuses and institutions will
be reviewed by CPA Ontario on a case-by-case basis.
Post-Diploma Degrees are subject to specific recognition
criteria pursuant to Regulation 6-4, among which, the
conferral of a two-year or a three-year diploma.
CA Legacy Credits are granted based on course content,
not on course code.
Subject to change without notice.
Financial Accounting
Introductory Financial Accounting
(15 credit hrs)
RSM 1320
Assurance + IT (9 + 3)
Auditing
Intermediate – Assets + Revenues
Advanced Auditing
Intermediate – Liabilities + Equity
EDP Auditing
Advanced – InterCo Investment +Forex +NFP
Business/Management Information Systems
Advanced – Selected Topics
Cost/Managerial Accounting
Introductory – Cost/Managerial Accounting
Taxation
RSM 2203
(6 credit hrs)
RSM 1222
Taxation – Personal
Finance
(3 credit hrs)
Corporate Finance & Financial Management
Non- Core
Micro and Macro Economics
Canadian Business Law
June 9, 2014
(6 credit hrs)
Taxation – Corporate
Intermediate – Cost/Managerial Accounting
Advanced Accounting Elective
(12 credit hrs)
CPA Ontario
(3 credit hrs)
RSM 1331
+ RSM 1232
(6 credit hrs)
RSM 1210
+ RSM 1310
RSM 2211
Page 1
Western University
The Richard Ivey School of Business
CPA Ontario’s
CA Legacy Qualification Program
Degree Program:
MBA
Academic Credit-Hour Equivalence
Students enrolling or currently enrolled in a program
leading to the qualifying four-year-120-academic-credithour degree and the CA Legacy 51-Credit-Hour
requirement will be provided bridging options to the
new CPA Qualification Program.
Academic Years:
60
2013-15
Total CA Legacy Credits Offered:
16.5
Description and notes
Detailed eligibility requirements for these options are
available on the CPA Professional Education Program
(PEP) under the CPA Path Decision Tree link.
The courses listed below have yet to be reviewed to
determine if they meet requirements.
Detailed course outlines with weekly agenda of
activities/learning must be submitted for review.
Co-op or internship credits do not count toward the
required 120 academic credit-hours.
Other MBA courses may be eligible for credits toward
CPA Ontario’s Credit-Hour requirement.
Courses offered at other campuses and institutions will
be reviewed by CPA Ontario on a case-by-case basis.
CA Legacy Credits are granted based on course content,
not on course code.
Subject to change without notice.
Financial Accounting
(15 credit hrs)
Introductory Financial Accounting
BUS 9202
3
Intermediate – Assets + Revenues
BUS 9401
3
Advanced Auditing
Taxation
Advanced – Accounting Theory
(6 credit hrs)
BUS 9202
3
Intermediate – Cost/Managerial Accounting
Advanced Accounting Elective
Auditing
Business/Management Information Systems
Advanced – InterCo Investment +Forex +NFP
Introductory – Cost/Managerial Accounting
(12 credit hrs)
EDP Auditing
Intermediate – Liabilities + Equity
Cost/Managerial Accounting
Assurance + IT (9 + 3)
(3 credit hrs)
BUS 9207
3
(6 credit hrs)
Taxation – Personal
Taxation – Corporate
Finance
Corporate Finance & Financial Management
Non- Core
Micro and Macro Economics
(3 credit hrs)
BUS 9203
3
(6 credit hrs)
BUS 9208
1.5
Canadian Business Law
May 27, 2014
CPA Ontario
Page 1
Wilfrid Laurier University
School of Business and Economics
CPA Ontario’s
CA Legacy Qualification Program
Degree Program:
MBA
Academic Credit-Hour Equivalence
Students enrolling or currently enrolled in a program
leading to the qualifying four-year-120-academic-credithour degree and the CA Legacy 51-Credit-Hour
requirement will be provided bridging options to the
new CPA Qualification Program.
Academic Years:
60
2013-15
Total CA Legacy Credits Offered:
27
Description and notes
Detailed eligibility requirements for these options are
available on the CPA Professional Education Program
(PEP) under the CPA Path Decision Tree link.
The courses listed below have yet to be reviewed to
determine if they meet requirements.
Detailed course outlines with weekly agenda of
activities/learning must be submitted for review.
Co-op or internship credits do not count toward the
required 120 academic credit-hours.
Other MBA courses may be eligible for credits toward
CPA Ontario’s Credit-Hour requirement.
Courses offered at other campuses and institutions will
be reviewed by CPA Ontario on a case-by-case basis.
CA Legacy Credits are granted based on course content,
not on course code.
Subject to change without notice.
Financial Accounting
(15 credit hrs)
Assurance + IT (9 + 3)
Introductory Financial Accounting
Auditing
Intermediate – Assets + Revenues
BU 617
3
Advanced Auditing
Intermediate – Liabilities + Equity
BU 627
3
EDP Auditing
2
Advanced – InterCo Investment +Forex +NFP
Business/Management Information Systems
Advanced – Accounting Theory
Taxation
Cost/Managerial Accounting
Introductory – Cost/Managerial Accounting
Taxation – Personal
(6 credit hrs)
BU 607
3
Corporate Finance & Financial Management
(3 credit hrs)
BU 657
3
(6 credit hrs)
BU 647
Finance
Advanced Accounting Elective
3
(3 credit hrs)
BU 603
Non- Core
3
2
July 29, 2014
BU 625
Taxation – Corporate
Intermediate – Cost/Managerial Accounting
Financial Statement Analysis
(12 credit hrs)
3
(6 credit hrs)
Micro and Macro Economics
BU 606
3
Canadian Business Law
BU 651
3
MBA students will not receive CPA Ontario credits if they complete BU 486; they
must complete BU 456 or equivalent course.
CPA Ontario
Page 1