No More CFE and PERT from 2025 | CPA Canada Confirms

I'm currently in PREP, will the PREP courses still be enough to enter the CM2.0? I don't want to spend time studying 14 courses and then having to start from scratch to enter the new CPA program

This is all of the great reset plan to destroy Canada

What nonsense is this... while there are glaring issues with the current process of certification - AT LEAST - there is some standardization through exams. This new model looks like handing participation medals to everyone. Watering down our profession like this means eventually you'll get your CPA for bringing your pencil.

Hello, I'm new to the whole process, under the current program I have to take 5 courses from PREP, before I can enter into PEP.
I'm planning on being done by the end of 2024, how will the new program will look like for someone like me?

How is this going to affect the recognition of CPA designation internationally? It seems like a Raod Map for a liberal art degree to me.

CPA has proven they do not have a clue....Can we bring back CMA and CGA...

I believe cpa would lose the credibility it has enjoyed so far if these changes are made. Nobody hiring new CPA because they are aware of diversity and inclusiveness and nothing how to do read a FS.
CPA would be joke!

wait what? so why am I struggling and sending myself to a mental hospital over this course when I could stop and wait 2 years?

as someone who is graduating university in 2024 do you think its a good idea to just work full time and leave doing the CPA for a few years?

So...after this starts our designation is basically worthless because it's so easy to get. Great job CPA Canada.

This will be a disaster.

As a legacy CGA student who fell two courses short of completion before the program wound up, and my professional education was put on an indefinite hiatus after that, this excited me greatly, and I will be following development and further announcements for entrance opportunities with great interest.

if I plan to write 2024 Sep CFE as my first attempt, what if I fail it? Will CPA offer ongoing CFE for the ones already in the program?

Everyone waits till 2025 and gets their CPAs
Piece of cake

Thanks God for my CFA. Hope the institute doesn't a pull quick one like this.. we are doomed.

I plan to write CFE in 2025. Just wondering do I have chance to rewrite the 2026 CFE if I can not pass CFE in 2025.

Thank you for this.

Again when is it going to be implemented? In 2026

Is CPA Canada expecting AI like chatgpt will gradually replace accounting technicals so they want to focus more on soft skills?

Looks like CPA Canada is also part of the JT liberal cabinet.

Is this a joke?

I am sorry. It will just make CPA a cheaper designation. Just like how they turned CA to CPA. A presentation and Team work based exam? no one will respect that.

ربنا يفرجها علينا و عليك يا عوبد و يجمع شمل كل مسجون او متغرب بأهله على خير و في خير

this is completely pathetic and is basically dumping on everything that makes an accountant an accountant...I busted my ass to pass the CFE and now they're doing away with it to turn accountants into HR managers? what the actual fuck is this crap

The core of any profession should be clear. Lawyers practice law. Accountants practice accounting. Engineers practice engineering. Technical skills are the fundamental underpinning for entry into these professions. Soft skills, ethics, and so on, these are traditionally developed on the job, and where necessary, monitored and enforced by the profession. I hope that the public trust in the profession continues to be strengthened. I worry that shifting focus away from technical knowledge may do the opposite. When I read the roadmap, I wonder how much of it already applies to other professions, and what makes the CPA profession unique apart from those other professions in the context of the non-technical components of the roadmap.

Wow

Literally thought this was an early April fool's prank video. Cmon CPA Canada, what is this??

Hi Gevorg. How can CPA Canada posibly make these change despite the fact that almost everyone seems to be strongly against this? Do members just not get a say? I thought I was working towards becoming an accountant not some diversity and inclusion coach. What is this non sense about no longer testing technical accounting as much. It's an accounting designation for crying out loud. I really feel lost all of sudden. Thank you CPA Canada.

Boo

Cpa means nothing now lol

there is still the work experience portion

Can't wait for the new wave of accountants to have dogshit technical knowledge. Getting a CPA in Canada is already a joke.

If this is true, I’m going to law school and not renewing my CPA designation when I finish.

Is this a joke? Our world is a joke now, Why don't we just make 3 year old fly our airplanes?

Welcome to a new age of CPAs are are absolutely useless and technically ill knowledge under this new program.

Hi where is your source on these updates?

This sounds like bullshit considering how much work ppl in the past had to go through

Please tell me it is April 1st and this is a bad joke. How is diversity, equity, and indigenous views a central focus of a technically focused, analytical accounting program?

Time for a new designation that isn't woke.

Lol, CPA taking marching orders from WEF. What a joke

CFE next year. Caught the last chance

Should I start my PEP this year or delay until 2025? If i start reporting my experience now and when the program kicks in in 2025 and i havent started my core 1 by then, will i be placed under the cpa 2.0 in 2025 or?

Thank you G for giving me more urgencies to study harder for this May CFE exam🙏🙏🙏

I fail to see how the potential topics maintain the integrity of the profession. This feels like it will cheapen the value of the designation. Unbelievably disappointing.

Is this a joke?

Hi Gevorg, can you please elaborate on what it means "no more CFE" in the new program to become a CPA once you have new information? It's still unclear how to clear CPA level 1 through micro-credentials. Thanks for your videos!

PERT is going away? Would you still need to report your work experience? How will they recognize your work experience?

From May 2024(as of now), Indian CA(/CPA) course is going to be drastically changed as per ICAI and now CPA Canada is also announcing a major changes from 2025. It's going to be difficult adopting these changes as they can be favourable or unfavourable for each individual student. These changes will definitely increase their reputation around the world.

Extremely demoralizing

Gevorg, I just started PREP through CPA and based on my goal on taking 1 Prep course per semester, I will be done in 2024. Once everything works out for me, I should be entering PEP starting 2025. Is PEP what you call CPA program already? Now, I'm not sure what it means to me? No more PEP? and No PERT so what does it mean for me? sorry, if you can please share what you think I know its new just not understanding. Thank you!