CPA Knowledge Essentials FAQs

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CPA Knowledge Essentials is not mandatory. It is designed to support preparation for the Knowledge Assessment and for entry into the CPA Professional Program. Learners who already meet prerequisite requirements through recognized academic pathways may not require CPA Knowledge Essentials. 

No. CPA Knowledge Essentials supports preparation and readiness but does not guarantee success on the Knowledge Assessment. 

This depends on your prior education, knowledge, and engagement with the program. Most learners are expected to work toward readiness within either a six-month or twelve-month subscription period. 

CPA Knowledge Essentials is designed so learners can work through all the resources within 12 months by spending 15-20 hours per week. Learners who spend more time weekly, or who join CPA Knowledge Essentials with some foundational business and accounting knowledge, can get through the resources faster. Sample timelines based on education background and study availability can be found on our website here

Yes. Learners may purchase a 6-month extension if they need additional time. 

Learners who initially selected a 6-month course length and find that more time is required may purchase a 6-month extension.  

Yes. Learners can work through CPA Knowledge Essentials on a part-time basis or full-time basis. Learners should select the appropriate self-paced course length based on prior education, learning needs, content engagement and pace of study.   

CPA Knowledge Essentials does not have specific admission requirements; it is available to any learner who wants to strengthen their business and accounting knowledge. However, learners should be aware that they need to meet the CPA Professional Program admission requirements (either conditionally or fully) to register for the Knowledge Assessment, including degree, credit hour, and GPA requirements.  

The CPA preparatory courses are offered through December 2027 and are a great option for those seeking an exemption from the Knowledge Assessment by completing the necessary accounting and business knowledge requirement through coursework. 

 Applicants who would prefer to write the Knowledge Assessment and would like to cover any knowledge gaps beforehand can choose to enroll in CPA Knowledge Essentials.  

No. Annual dues are not required while registered in CPA Knowledge Essentials. 

Yes. Those enrolled in CPA Knowledge Essentials will have access to instructors supporting each topic area. Instructors will be available through discussion boards, email through the official learning platform, or through office hours. 

If you don’t pass the Knowledge Assessment, you can review your areas of weakness, return to the relevant CPA Knowledge Essentials learning content, and use the practice and assessment resources to prepare for another attempt at the KA. Your CPA Knowledge Essentials subscription may continue to provide access to learning materials and exam preparation resources, depending on the length of your subscription.  

Learners unsuccessful on the KA can also look at completing key accounting courses at a PSI to remediate knowledge gaps.  

Learners who attempt the KA more than once should be aware that a third fail of the Knowledge Assessment means learners must wait one year before attempting the assessment again. 

Passing the Knowledge Assessment demonstrates that you have met the knowledge requirements assessed by the KA. You can then proceed with registration into the CPA Professional Program, subject to meeting any outstanding admission requirements as identified on your program eligibility assessment.  

Yes. CPA Knowledge Essentials is available to learners who wish to strengthen their business and accounting knowledge, even if they do not plan on pursuing the CPA designation or do not currently meet the admission requirements to write the KA or register for the CPA Professional Program.   

To meet the accounting and business knowledge requirement, learners must either pass the knowledge assessment or be exempt by completing 45 credit hours of accounting and business coursework. Your CPA ASB Eligibility Assessment results indicate how many of the 45 accounting and business credits you currently have outstanding, so you can compare the cost of timing of completing these courses externally.  

 

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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