Glossary

How to Become a CPA in Canada: The Real Path, Timeline, and What Actually Matters

TREEWALK

Becoming a Chartered Professional Accountant (CPA) in Canada means completing a relevant undergraduate degree, finishing the CPA Professional Education Program (CPA PEP), logging 30 months of qualifying practical experience, and passing the Common Final Examination (CFE). Most candidates take two to four years from the start of PEP to certification, depending on their degree background and pace. Where you complete that practical experience matters almost as much as passing the exam, since the firm shapes what kind of accountant you actually become.

The path in BC: from degree to designation

The CPA route in British Columbia runs through CPABC, the provincial body under the national CPA Canada framework. The steps are consistent across the country:

01

Degree and prerequisites.

You need a bachelor’s degree with specific accounting, finance, and business courses. If your degree does not cover them, you complete CPA PREP, a bridging program, before moving on.

02

CPA PEP.

Two core modules, two elective modules, and two capstone modules. This is where technical accounting knowledge gets applied to real business scenarios and case writing, not just memorized.

03

30 months of practical experience.

This can run concurrently with PEP, in either a training office or an approved employer, and it must cover specific competency areas, not just time in a chair.

04

The Common Final Examination.

A three-day, national exam that tests integrated judgment across financial reporting, audit, tax, finance, and strategy. This is the gate. Pass it and complete your experience hours, and you’re a CPA.

How long does it take to become a CPA

For someone starting PEP right after an accounting-heavy degree, the realistic timeline is two to three years: about 24 to 30 months to work through PEP while accumulating practical experience hours in parallel, plus study time for the CFE. If you need CPA PREP first because your degree did not cover the prerequisites, add six months to a year. Working full time while writing PEP modules is normal, not the exception, so the honest answer to “how long does it take to complete a CPA” is closer to three years for most people than the two years some marketing materials imply.

Is 27 too old to become an accountant

No. CPA candidates who start PEP in their late 20s or 30s are common, particularly people switching from finance-adjacent roles, other professions, or a first career that did not fit. The practical experience requirement and the CFE do not care how old you are when you start. What matters more than age is whether you can commit consistent study time alongside a full course load of client or employer work. Firms that are used to training career-changers tend to be more useful here than firms staffed entirely with candidates who came straight from a co-op program.

Can you make $300k as a CPA

Not as a starting salary, and not from the designation alone. High earnings in this profession come from specialization and seniority: partners, fractional CFOs, and advisors who build deep expertise in a specific area, like transaction advisory or public company reporting, are the ones who eventually reach the top of the range. The designation is the entry ticket, not the outcome. Most of the income growth happens years after certification, once you’ve built a track record in a niche that clients or employers will pay for.

Why where you train matters as much as the exam

This is the part most people underestimate. Nobody dreams of becoming an accountant. It’s a profession people stumble into, so finding meaning along the way really matters. In our experience, most people who train in public practice eventually move into industry roles rather than staying at a firm long term, which means the training you get should prepare you for wherever you end up, not just for passing modules.

A partial-fit hire on a team costs more than a slow hiring process ever will. The same logic applies in reverse: a training environment that is under-managed and high-agency will teach you more than one that hands you a checklist and a supervisor standing over your shoulder.

At Treewalk, we built the firm around the people doing the work rather than around a fixed client roster, which shows up in how CPA candidates are trained here: high agency, direct mentorship instead of a layer of bureaucracy, and 40+ CPAs across the firm who came up through exactly this process. Students here work toward the CFE while getting exposure to real client files across fractional CFO, controllership, and public company work, not a narrow slice of one service line.

Frequently asked questions

Do I need an accounting degree specifically to become a CPA?

No. You need a bachelor’s degree that covers specific prerequisite courses in accounting, finance, and business. If your degree already covers them, you go straight into CPA PEP. If it doesn’t, CPA PREP fills the gap before PEP.

Can I complete my practical experience hours part time?

The 30-month practical experience requirement is based on full-time equivalent hours. Part-time arrangements are possible in some cases but will stretch your overall timeline, and the experience still has to hit specific competency requirements, not just accumulate hours.

What’s the difference between CPA PEP and CPA PREP?

CPA PREP is the bridging program for candidates whose undergraduate degree did not include the required accounting and business prerequisites. CPA PEP is the professional education program itself, the two core modules, two electives, and capstones that every candidate completes regardless of undergraduate background.

Does the firm I train at actually affect my career after I’m certified?

Yes. The competencies you’re exposed to, the client work you touch, and whether you get real mentorship versus a supervisory checklist all shape what kind of CPA you become. Since most CPAs eventually move beyond the firm that trained them, the breadth of experience you get during those 30 months carries forward for years.

Where to next

If you’re weighing where to complete your CPA training, our approach to hiring and mentorship is worth understanding before you apply. Reach out through our careers page to learn how Treewalk’s training path works, or read more about our people and culture on the about page.

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