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CPA PEP Modules Overview

CPA Professional Education Program (PEP) modules are delivered using a blended learning model that combines online learning, self-study, classroom learning and teamwork. This page provides an overview of module content and delivery.

Module overview

Visual representation of information provided on modules within content below.

Order of modules

Students must follow the path below when completing the CPA PEP modules:

  1. complete Core 11
  2. next, complete Core 2
  3. complete your two Elective modules2
  4. complete Capstone 1
  5. complete Capstone 2
  6. write the Common Final Examination (CFE)

1Core 1 must proceed Core 2 unless the student elects to fast track.

2Two Elective modules can be completed concurrently, but this is generally not recommended due to the high volume of work.

Students can conditionally enrol in a module prior to receiving their examination results for the previous module. Once results are released, if students are unsuccessful they will automatically be withdrawn from the upcoming module and a full refund will be issued.

It is highly recommended that students take the Capstone 1 and 2 modules immediately leading up to the CFE. For instance, if you are planning to write the September CFE, it is recommended that you take Capstone 1 starting in May and Capstone 2 starting in July.

Review important CFE dates here.

Fast tracking or extending Core modules

Core fast track

CPA PEP students may complete the Core 1 and Core 2 modules at the same time if:

  • they enter into the PEP with a minimum grade point average of 75 per cent in the core prerequisite/preparatory courses
  • the workshop and examination dates do not overlap per the CPA PEP schedule

Students electing to fast track must declare their intention when initially enrolling in the Core modules. This approach is best suited for students who are not working and can study full time while taking the modules. Before registering, students should consider the time commitment and rigour of the study requirements. 

Fast track students must successfully complete Core 1 and Core 2 concurrently. If a student decides to withdraw or is withdrawn from the Core 1 module they will no longer be eligible to fast track and will be withdrawn from Core 2. 

Please note students can defer both module examinations, however you are not permitted to defer the Core 1 examination only. You also cannot fast track the Extended Core modules. 

Students interested in pursuing this option should contact our team to confirm their eligibility to fast track.

Extended Core

To better support students’ success in CPA PEP, we offer Extended Core 1 and Extended Core 2 modules twice a year. Extended modules are designed to accommodate students who are not able to dedicate the time and effort required in the regular modules.

The extended modules will include the same content and structure as the regular modules but are approximately twice the duration (16 weeks as opposed to eight weeks), to provide students with additional time to manage the requirements of the modules in addition to their personal commitments. You may take Core 1 or Core 2 or both as extended modules.

Students enrolled in the extended modules are not permitted to switch to the regular modules once the modules begin.