New Brunswick CPA Qualifying Courses

For exemption from the Knowledge Assessment

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.

New Brunswick Post-Secondary Institution Course Listings

CPA REQUIRED TOPIC AREA EQUIVALENT COURSES
Intermediate Financial Reporting ADM 3216
Advanced Financial Reporting ADM 4216
Management Accounting ADM 4143 & ADM 3225
Finance ADM 3415
Audit & Assurance ADM 4275
Taxation ECON 3205
Non-Core Course
Core Course
Additiontal Topic Recommended

CPA REQUIRED TOPIC AREA EQUIVALENT COURSES
Intermediate Financial Reporting BA 3216
Advanced Financial Reporting BA 4216
Management Accounting BA 3225 & BA 4101
Finance BA 3426
Audit & Assurance BA 4275
Taxation BA 4237
Non-Core Course
Core Course
Additiontal Topic Recommended

CPA REQUIRED TOPIC AREA EQUIVALENT COURSES NOTES
Intermediate Financial Reporting COMM 3121
Advanced Financial Reporting COMM 4131* *Both COMM 4101 and COMM 4131 together address the Advanced Financial Reporting topic area.
Management Accounting COMM 3131 & 4311
Finance COMM 4521
Audit & Assurance COMM 3161
Taxation COMM 3151
Non-Core Course
Core Course
Additiontal Topic Recommended

CPA REQUIRED TOPIC AREA EQUIVALENT COURSES
Intermediate Financial Reporting BU 3123
Advanced Financial Reporting BU 4113
Management Accounting BU 3223 & BU 4713
Finance BU 3323
Audit & Assurance BU 4463
Taxation BU 4443
Non-Core Course
Core Course
Additiontal Topic Recommended

Details will be finalized soon. Please refer to current transfer credit guides in the meantime.
Non-Core Course
Core Course
Additiontal Topic Recommended

CPA REQUIRED TOPIC AREA EQUIVALENT COURSES
Intermediate Financial Reporting BUSI 3423
Advanced Financial Reporting BUSI 3453
Management Accounting BUSI 3413
Finance BUSI 3433
Audit & Assurance BUSI 3443
Taxation BUSI 3473
Non-Core Course
Core Course
Additiontal Topic Recommended

CPA REQUIRED TOPIC AREA EQUIVALENT COURSES
Intermediate Financial Reporting GACG 1136A
Advanced Financial Reporting No equivalent course
Management Accounting No equivalent course
Finance FINA1062A
Audit & Assurance No equivalent course
Taxation No equivalent course
Non-Core Course
Core Course
Additiontal Topic Recommended

CPA REQUIRED TOPIC AREA EQUIVALENT COURSES
Intermediate Financial Reporting GACG 1097
Advanced Financial Reporting No equivalent course
Management Accounting No equivalent course
Finance FINA 1042
Audit & Assurance No equivalent course
Taxation No equivalent course
Non-Core Course
Core Course
Additiontal Topic Recommended

Download New Brunswick’s CPA Qualifying Courses

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 (minimum 21 Credit Hours)

  • 21 of the 45 credit hours must cover the six Required Topic Areas (as specified in the table above).
  • 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.

The CPA designation gives you the set of skills to do anything.
Lindsay Power, CPA, CMA, MBA
Senior Business Analyst - Strategic Projects, StandardAero
You have this massive family of CPAs on which you can lean on and use as much as you can, as often as you can.
Craig Farewell, CPA
Co-owner & Director of Operations, Banished Brewing & Brewdock
The skills you acquire through the CPA program prepare you to lead in any organization and in any industry.
Courtney Burns, CPA
President and CEO, Greater Moncton International Airport Authority Inc.
It’s the differentiator when someone has a stack of resumes. People with a CPA designation will stand out.
Leah Boody, CPA, CMA
President, Pineapple Bytes
The CPA designation first ignited my entrepreneurial spirit. It certainly helped me get to where I am right now.
David Arsenault, CPA
President, Arsenault Properties
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