CPA Atlantic School

To be eligible for the new CPA Professional Program, applicants must meet the academic and non-academic requirements outlined on CPA Atlantic School of Business (CPA ASB) Admission Requirements. This includes demonstrating accounting and business knowledge by passing the Knowledge Assessment, unless the applicant qualifies for an exemption based on relevant accounting and business coursework. Applicants who have completed 45 credit hours of relevant post-secondary coursework may be exempt from the KA, depending on their accounting and business courses.

NOTE: If an applicant completes all of the courses listed on the Transfer Credit Guides for CPA PEP, along with the other entrance requirements for CPA Professional Program, by December 31, 2028, they will be exempt from the Knowledge Assessment in the new CPA Professional Program.

The following list of Post-Secondary Institutions (PSIs) contains courses that will meet the Required Topic Area requirement for exemption from the Knowledge Assessment. The listed courses are not the only way to enter the program. Applicants can also demonstrate prerequisite knowledge by completing the Knowledge Assessment.

Select the university or college to see the CPA qualifying courses for exemption from the Knowledge Assessment.

Required Topic Areas (minimum 21 Credit Hours)

Bermuda College (Coming Soon)

Details will be finalized soon. Please refer to current transfer credit guides in the meantime.	CPA REQUIRED TOPIC AREA	EQUIVALENT COURSES
Courses listed below are from the current transfer credit guide.
Intermediate Financial Reporting	ACC 2202
Advanced Financial Reporting	No Equivalent Course
Management Accounting	AC 2254 + a PMA equivalent
Finance	MGN 2241
Audit & Assurance	No Equivalent Course
Taxation	No Equivalent Course

Non-Core Course

Core Course

Additiontal Topic Recommended

Important Notes:

*Some courses may require completion of prerequisites. Please confirm requirements with your institution. Prerequisite courses may be used to meet the other accounting and business topic area requirement (24 credit hours).
**Students will need to complete both listed courses in the specific topic areas to receive an exemption from the Knowledge Assessment.
Students intending to pursue the CPA professional designation should note that their degree program (ie. BBA/BComm etc.) will most likely not meet all Knowledge Assessment exemption criteria. As such, students should consider using appropriate elective space in their degree program to complete qualifying coursework for exemption from the Knowledge Assessment.
Courses counted for exemption from the Knowledge Assessment can only be counted under one category (ie. Required Topic Areas or Other Business and Accounting Topic Areas) but not both.

Academic Admission Requirements

For details regarding Academic Admission Requirements, click here.

Knowledge Assessment Exemption Requirements

Applicants need to demonstrate accounting and business knowledge by passing the Knowledge Assessment or by completing 45 credit hours of post-secondary coursework from a post-secondary institution.

Required Topic Areas (21 Credit Hours)

21 of the 45 credit hours must cover the six Required Topic Areas (as specified in the table below).
You must complete the course(s) listed within each topic area.

Other Business and Accounting Topic Areas (24 Credit Hours)

The 24 credit hours can be met by completing an accounting or business degree at a recognized post‑secondary institution. If you need information on how to complete the 24 credit hours of additional accounting or business coursework required for exemption from the Knowledge Assessment, visit the Academic Admissions Requirements.

Bermuda CPA Qualifying Courses

QUICK LINKS

Required Topic Areas (minimum 21 Credit Hours)

Bermuda College (Coming Soon)

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