Since the beginning of September, CMA BC and ICABC have been on campuses across the province, attending career fairs and providing information to students about our move to the CPA Certification Program. Here are some of the frequently asked questions we’re hearing from students (see our previous post as well):
If I’m entering the CMA program in 2013, how will the transition to the new program affect me? Will I have to start over in the CPA program?
Students entering the January 2013 intake of the CMA Accelerated Program will be able to complete that program as well as the current CMA Strategic Leadership Program. The last Board Report for CMA students will take place in September 2015, and no national legacy exams will be held after the first CPA Common Final Examination in September 2015.
Any student needing to make the transition from legacy programs to the CPA program will be fully supported by the profession, and bridging programs will be provided. All of the education or practical experience requirements completed through legacy programs will count towards the CPA requirements.
When will the final CMA National Entrance Exam be offered?
The final National Entrance Exam will be offered in late 2013.
I plan to write the CMA National Entrance Exam in June 2013. What happens if I fail?
You would have one more opportunity to write the entrance exam in October 2013. If you are not successful, you will bridge into the new CPA Accelerated Bridging Program at the appropriate point.
When will the last CMA Board Report be offered?
There will be no Board Reports after the launch of the CPA Common Final Examination in Fall 2015.