The CPA Canada Advanced Certificate in Accounting and Finance (ACAF)

The CPA Canada Advanced Certificate in Accounting and Finance (ACAF) is a nationally recognized certificate for those seeking a challenging and rewarding career in accounting and finance.

Starting in January 2018, ACAF applied courses will be offered online though Seneca College. You will continue to be able to ACAF entry and technical courses through CPA Atlantic as usual.

YOUR PATH: ADVANCED CERTIFICATE IN ACCOUNTING AND FINANCE

The CPA Canada Advanced Certificate in Accounting and Finance (ACAF) provides the applied accounting and finance skills necessary to enhance a college graduates career prospects in accounting and finance without becoming a Chartered Professional Accountant (CPA).

As a certificate holder, you will qualify for junior and intermediate-level accounting jobs in business, not-for-profit and government, as well as CPA-supervised positions in public accounting.

The ACAF enhances a college diploma with area specific coverage of accounting principles. The program structure consists of 16 online courses, Courses can be taken part-time or full-time according to your own schedule.

Starting in the January 2018, delivery of the ACAF applied courses will move to a post-secondary school partner. Students in the Atlantic region will be able to take online courses via Seneca College (please visit their website for additional information). CPA Atlantic will continue to offer the ACAF entry and technical courses as usual. Additional information on online delivery partners can be found online with CPA Canada, and will be updated as it becomes available.

Students should also be aware that CPA Canada is in the process of developing an ACAF National Examination that will be administered through CPA Atlantic. This National Examination will be required of all students completing the ACAF applied courses after December 31, 2017.

Online registration for the ACAF National Exam will be available soon. The national exam will be offered three (3) times annually, with the 2018 dates listed below:
•    January 26, 2018 – English only
•    May 25, 2018 – English and French
•    September 7, 2018 – English and French

THE CPA CANADA ACAF PROGRAM IS:

Applied: It uses authentic business scenarios that requires you to demonstrate the application of technical knowledge.

Integrated: Ethics, communications and other soft skills valued by employers are integrated into technical and elective courses, and hands-on use of accounting and business software applications enhance workplace relevance.

Relevant: You can choose from a list of electives that will best position you for placement and advancement.

Online: All course content is offered exclusively online, and can be completed online, anytime, anywhere.

Attainable: The ACAF can be completed in one year of full-time study or part-time at your own pace.

Supported: You will have access to subject matter experts who will answer content related questions and provide coaching through the course requirements and applications.

ACAF IS SUITABLE IF YOU:

  • Have a two-year accounting diploma, and/or
  • Would like to work in accounting, but not as a certified Chartered Professional Accountant, and/or
  • Have the prerequisite course coverage required for admission to ACAF:
    •     Introductory Financial Accounting
    •     Introductory Management Accounting
    •     Intermediate Financial Reporting I
    •     Intermediate Financial Reporting II
    •     Business Law

ACAF COURSE CURRICULUM:

  •     Six technical courses (note: you can receive exemptions from these courses)
    •         Advanced Financial Reporting
    •         Corporate Finance
    •         Audit and Assurance
    •         Taxation
    •         Intermediate Management Accounting
    •         Information Technology
  •     Five applied courses (with the exception of the Accounting Software Applications, these courses are not eligible for exemptions)
    •         Ethics and Workplace Skills
    •         Two electives from the following:
        • Applied External Audit
        • Applied Personal and Corporate Taxation
        • Not-for-profit Accounting
        • Public Sector Financial Management Practice
    • Accounting Software Applications (SAGE accounting)
    • Business Applications