CPA Grade Requirement

Effective January 1, 2015, a minimum grade of 50 per cent is required for non-core pre-requisites, which consist of:

• Introductory Financial Accounting;
• Introductory Management Accounting;
• Economics;
• Quantitative Methods;
• Business Law; and
• Information Technology

A minimum grade of 60 per cent is required for core courses, defined as all other pre-requisite courses except those identified as a non-core course. If a course is not clearly included as a non-core course it defaults to a core course.

Please be aware, a 65 per cent overall average is required for entry into the CPA Professional Education Program (PEP). Until January 1, 2017, there are two standards for calculating a 65 per cent overall average and the standard that is most advantageous to the student will be applied:

Standard 1:

1. A passing grade or 60 per cent, whichever is higher in each applicable core course; and
2. A passing grade or 50 per cent, whichever is higher, in each applicable non-core course; and
3. A minimum GPA requirement of 65 per cent or equivalent as calculated by averaging grades across all of a student’s core courses.

Standard 2 (until December 31, 2016):

1. A passing grade or 60 per cent, whichever is higher in each applicable course, core and non-core; and
2. A minimum GPA of 65 per cent or equivalent as calculated by averaging grades across all of a student’s passed courses covering the required subject matter for entry into the CPA PEP.