Getting Started in PERT
PRE-APPROVED PROGRAM ROUTE

Disclaimer
CPA Public Accounting Requirements are currently being developed. Information presented relates only to
Certification.

Agenda
1.
Overview of standards
• What you need: depth, core, breadth
• Process
2.
Practical Experience Reporting Tool (PERT)
• Pending enrollment, Catch-up reports, ongoing assessments, prior experience reports.
• How to: mentor reviews, profession assessments
3.
Where to get additional information

Overview of the Practical Experience
Requirements

Technical Competency Requirements
Future CPAs must develop a range of these competencies in accordance with four requirements: core , depth , breadth , and progression

Technical Competency Requirements:
Core
• Gain proficiency in any three competency sub-areas in Financial
Reporting and/or Management Accounting to at least Level 1 proficiency.

Technical Competency Requirements:
Depth
• Gain proficiency in all of the competency sub-areas of one discrete competency area
• At least two of the competency sub-areas must be at Level 2 proficiency; all others at Level 1.

Technical Competency Requirements:
Breadth
• Gain proficiency in at least eight competency sub-areas
• At least four of the competency sub-areas must be at Level 2 proficiency; all others at Level 1.

Technical Competency Requirements:
Progression
• Evolution of responsibilities during work term:
• Early stage: Confined to retrieving and comprehending information
• Middle stage: Analysis of information
• Final stage: Effective decision and problem solving, plus increasingly complex and less routine work

Enabling Competency Requirements
• By the end of the term of the practical experience, future
CPAs are required to develop all five enabling competencies to a Level 2 proficiency
• The development of the future CPA is supported by a CPA mentor

Getting into PERT

What’s Required

How’s it Done

Current vs. Catch-Up
CATCH-UP + PRIOR + CURRENT 30 MONTHS
“Catch-Up” Report Period Current
Legacy
ATO
Sept 1/12
Transition to CPA
PER
Sept 1/14

Current vs. Prior Experience
CATCH-UP + PRIOR + CURRENT 30 MONTHS
Prior (max @ 12 months) Current
Start in
PPR
Sept 1/13
Register
June 1/14
PERT access
Sept 1/14
PERT In-
Progress
Nov 1/14

Walkthrough of PERT

Other Resources https://cpacanada.ca/en/become-a-cpa/cpa-designation-practical-experience-requirements-overview