Nominal competence (NC): Attempted but lacked a sufficient analysis or completely inaccurate.Reaching competent (RC): I dentified the AO, but the response lacks depth and/or breadth (missing some critical points).Competent (C): Well-balanced response.Competent with distinction (CD): Above the required answer, much detail was provided.Grades are provided individually by AO and will be ranked as one of the following: The IPs and PCs are made up of assessment opportunities (AOs). These are optional but I recommend to practice them under time-constraint to see how ready you are for the final exam. You will also be provided with retired exam cases (actual cases from past module exams). The MCQs are marked automatically by the system. Yes (Y) : You fully achieved the element as needed.Partially (P) : You attempted the element to some degree.No (N) : You didn’t attempt the element (Note: Each element in FG is known as MPI, which stands for minimum proficiency indicator).If an assignment is not submitted, the solutions will be released after the deadline.Įach row in the feedback guide is graded as: Solutions will automatically be provided to you upon submission. Feedback is provided in the form of an Excel file, referred to as the Feedback Guide (FG), which will show you how you scored in each assessment. Your facilitator will personally mark and provide you with feedback a few days after submission. The IPs and PCs are to be completed using Microsoft Word and Excel, and uploaded to D2L weekly. Most students find the exam to be harder than the PCs, so I suggest practicing with retired exam cases (discussed below) and mock exam simulations. The PCs are 60-minute cases designed to simulate the actual Core 1 module exam. The IPs are short-answer assignments that test the technical material learned in the weekly unit. MCQs are small problems that test on various technical topics. What are the assignments?Ĭore 1 module consists of weekly assignments that are made up of: You should also network with your classmates and try to form a study group. Workshops are your only chance of seeing someone live, so I suggest taking advantage of them and asking lots of questions. Surveys are also required to be completed after each workshop. Prior to the workshop, you’ll be required to complete workshop pre-work and submit to D2L dropbox. I previously worked as a session leader with CPA Canada. These activities include a review on technical material and case writing techniques. These workshops are mandatory two-day events, where you’ll participate in several activities led by a session leader. There is also a module workshop (MWS) and an orientation workshop (OWS). You won’t see them in-person, since the module is online. Their job is to answer questions via email, provide feedback on assignments, help you find information, and facilitate the forums. You’ll be assigned an online facilitator at Core 1. I recommended fast-track only for those who are not working, because you won’t have time to do all the assigned readings if you work full-time or part-time. This is the fastest way to finish the CPA program. With fast-track, you take Core 1 and Core 2 together. You can also complete Core 1 in a format called fast-track. This is allowed only in special circumstances, such as for internationally trained accountants under MRA/MOU. You can also challenge Core 1, where you skip the entire module and just take the exam. This is recommended for students who are busy or like to study in a slower pace. However, you can take the extended version and finish Core 1 in 5 months. How long is it?Ĭore 1 is 8-weeks long and most students take this standard 8-week path. You’ll get access to D2L about a week before the Core 1 start date. Of these, FR is the biggest part of the module and the exam.Ĭore 1 is provided in an online format, with all assignments, readings and quizzes taken on the website Desire 2 Learn (D2L). The objective of Core 1 is to teach and test you on financial reporting (FR), Assurance, Tax, and Finance. Completing the core modules (Core 1 and Core 2) is required before you can choose your elective modules, complete the capstones, and sit in the CFE. In this article, I will provide information about the CPA Canada’s Core 1 module, outlining the basics, format, assignments, assessment, examination, and tips for successfully passing the module.Ĭore 1 is the first of six modules in the CPA Canada Professional Education Program (PEP) that will lead you to the Common Final Exam (CFE).
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