SUBJECT: Annual update on CPA program and 2015/16 fees NOTE: please do not reply to this message as it was sent from an unmonitored address. If you have any questions or comments, please visit our website for contact information. This message contains an update on 2015/16 fees and registration information, policy reminders and other information. This message is being sent to all CPA candidates and to all pre-approved program route (PPR) employers on January 19, 2015, and will be posted on the CPAWSB website. Candidates who work under the experience verification route (EVR) are asked to share this information with their employer, as we might not have contact information for them. The CA School of Business (CASB) has formally changed its name to the CPA Western School of Business (CPAWSB). CPAWSB will continue to deliver the CPA Professional Education Program (PEP) to the western provinces and territories. Our rebranded website will be launched in April. 2015/16 Administrative fees Whereas fees remained unchanged last year, there will be a slight increase in CPA PEP fees for the 2015/16 academic year. To locate the fee schedule online, click on “Fees and Forms” at the top of the CPAWSB website. Registration information Until September 2017, new candidates will continue to be able to register in CPA PEP by meeting the undergraduate degree requirements and any of the CPA, CA, CMA or CGA prerequisites in their entirety. Any candidates who enter CPA PEP by meeting the CA, CMA or CGA legacy prerequisites will also be required to complete Module Zero. Module Zero is designed to supplement the legacy prerequisites, helping candidates fill any knowledge gaps before they start Core 1. Module Zero must be completed at least three weeks prior to beginning Core 1. Information about this free and flexible online material is available at http://www.cpawsb.ca/BecomeaCPA/CPAModuleZero.aspx. New candidates applying to the CPA program must allow at least one month prior to the start of a module for completion of the application process. The application process is outlined at http://www.cpawsb.ca/ApplicationProcess.aspx. Once they are approved, candidates can enroll in modules via the My CPA portal. The CPA application forms have been recently updated; we will not be accepting any previouslypublished CPA forms. Employers that submit application forms on behalf of their employees should contact CPAWSB at [email protected] and request the current form. Employers that submit a paper form must ensure that their candidates also create their profile in the My CPA portal, enter their post-secondary education and request a transcript assessment, selecting the employer-paid option. Employers that submit module registration forms on behalf of candidates can contact [email protected] for the applicable forms. Candidates can confirm their registration in a module through the My CPA portal. The 2015 and 2016 Schedule of CPA Module Key Dates reflects the modules that will be offered over the next year. The schedule can be found at http://www.cpawsb.ca/BecomeaCPA/CPAPEP/CPAPEPSchedule.aspx. Please note that module start dates, exam dates and exam times may be different for each module within a session. Policy reminder: penalty for late uploading of electronic evaluation files CPA Canada has implemented a $200 fine for candidates who do not upload their electronic examination file within three hours of the completion of a module examination. To facilitate the timely marking of candidate responses, electronic files must be uploaded by the cut-off time. Tax receipts Tax receipts from the CPA PEP program will be provided online in February through the My CPA portal. Candidates who transitioned from a legacy program in 2014 can expect to receive two receipts, one from each program. Transitioning to CPA from a legacy accounting program or PREP Candidates who are transitioning from a legacy accounting program (CA, CMA, CGA) or who have completed the PREP program should take the following steps: Create a profile in the My CPA portal Do not complete a transcript assessment, but enter in post-secondary education information Complete the admission application in the My CPA portal, selecting the appropriate admission category (Legacy or PREP Graduate) Fees will be calculated after candidates start the CPA PEP program, taking into account any credits from the legacy/PREP body. Information regarding any advanced standing in the CPA program can be obtained from a candidate’s legacy organization. Practical experience All candidates registering and commencing employment on or after September 1, 2014, will need to satisfy the CPA Practical Experience Requirements (PER). Employment is not required for admission into CPA PEP; however, candidates will need to complete 30 months of relevant practical experience in order to become CPAs. Additional information regarding the steps that candidates need to take to gain access to the Practical Experience Reporting Tool (PERT), and start satisfying the CPA PER, is available at http://cpawsb.ca/PracticalExperience.aspx. Practical experience is administered by the provincial CPA bodies. For additional information regarding practical experience, please visit the following websites or contact the provincial CPA bodies directly: In In In In Alberta, click here or contact [email protected] British Columbia, click here or contact [email protected] Manitoba, click here or contact [email protected] Saskatchewan, click here or contact [email protected] Annual re-enrollment Annual re-enrollment fees will be payable online only, through the My CPA portal. In early April, candidates will receive an invoice in their My CPA portal, indicating the 2015/16 annual dues payable. Employment changes Candidates who change employers need to update their employment information in the My CPA portal, and in PERT, within two weeks of a change in employment. Candidates are also required to update their profile in PERT and submit experience reports. For further information, please refer to the PERT user guides or contact the provincial bodies directly at the email addresses provided above. One-to-one payment coming in 2015 In 2015, the option for PPR employers to pay fees on behalf of their candidates will cease. Once this change is implemented, all candidates will be required to pay any fees directly in the My CPA portal; any reimbursement of fees will be between candidates and their employers. As we recognize that PPR employers still need key information about the candidates registered in the program, a new employer portal is being implemented. This new process will be in place by April 13, 2015, for all but the national firms. National firms will be able to access the employer portal by June 1, 2015. More information regarding these changes will be available in March. Student & Support Services CPA Western School of Business 301, 1253 – 91 Street SW, Edmonton, AB T6X 1E9 Office: 780 420.2350 Toll free: 1 866 420.2350 Fax: 780 424.8041 www.cpawsb.ca _____________________________________________________________________________ Disclaimer: This message is intended only for the individual(s) to whom it is addressed and may contain confidential information. Any disclosure is strictly prohibited. If you have received this message in error, please delete all copies of the message.
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