Program Overview
The RMC CPA program provides academic preparation for admission to the CPA Professional Program through its bachelor's degree programs and Certificate in Accounting. It offers CPA Qualifying Courses, including the 7 specific courses and 8 additional eligible business courses.
Students can access these courses through three options:
- Bachelor's degree studies: Take accounting and business courses as part of a bachelor's degree program.
- Certificate in Accounting: Complete the 15 courses required for the RMC Certificate in Accounting, including the 7 specific CPA courses and 8 additional eligible business courses.
- Individual courses: Students who meet the admission requirements may enroll as special students and take specific courses without completing the full certificate.
Program Goals
- Support the professionalization of Canadian Armed Forces (CAF) Finance Officers through CPA credentialing.
- Enable CAF members to obtain the CPA designation in the shortest possible time, while minimizing risks and maximizing their chances of long-term success.
- Help students fulfill the academic prerequisites for admission to the CPA Professional Program by offering CPA Qualifying Courses.
CPA Pathway
1. Where does RMC stand in the CPA Professional Program?
The new CPA Professional Program offers two pathways for meeting the prerequisite knowledge requirements. Candidates who have completed the CPA Qualifying Courses may enter the program without taking the Knowledge Assessment. Other eligible candidates must complete the Knowledge Assessment to demonstrate the required knowledge.
2. CPA Qualifying Courses
CPA Qualifying Courses provide the foundational knowledge required to enter the CPA Professional Program.
To meet CPA Ontario's course requirements, students must complete 7 specific courses and 8 additional eligible business courses.
RMC offers bachelor studies and a Certificate in Accounting to help students meet these requirements. The tables below show the corresponding RMC courses.
7 Specific CPA Courses
| CPA Course Title | RMC Course Title | RMC Course Code |
|---|---|---|
| Intermediate Financial Reporting I | Intermediate Accounting I | BAE302 |
| Intermediate Financial Reporting II | Intermediate Accounting II | BAE414 |
| Advanced Financial Reporting | Advanced Accounting | BAE424 |
| Intermediate Management Accounting | Intermediate Management Accounting | BAE404 |
| Audit and Assurance | Audit | BAE310 |
| Taxation | Taxation II | BAE318 |
| Corporate Finance | Finance | BAE300 |
8 Additional Eligible Business Courses**
| RMC Course Title | RMC Course Code |
|---|---|
| Financial Accounting | BAE202 |
| Managerial Accounting | BAE208 |
| Taxation I | BAE316 |
| Business Law | BAE420 |
| Introduction to Economics | ECE101 |
| Introduction to Information Technology | BAE220 |
| Introduction to Strategic Management | BAE238 |
| Quantitative Methods I | BAE242 |
**Flexible course selection for bachelor’s degree students.
Required courses for students enrolled in the Certificate in Accounting
- BAE 202 Financial Accounting
- ECE 103 Introduction to Microeconomics
- ECE 104 Introduction to Macroeconomics
- ECE 101 Introduction to Economics
- BAE 242 Quantitative Methods I
- BAE 420 Business Law
- BAE 220 Introduction to Information Technology
- BAE 238 Introduction to Strategic Management
CIPFA Recognition and CPFA Pathway
RMC's Certificate in Accounting has officially received recognition from the Chartered Institute of Public Finance and Accountancy (CIPFA). This recognition reflects RMC's commitment to excellence in public finance and governance and provides opportunities for eligible students to pursue the Canadian Public Finance Accreditation (CPFA) pathway.
“CIPFA is pleased to recognize the Certificate in Accounting offered by RMC. It not only provides assurance that the highest professional standards are being applied in the defence sector but also helps strengthen public finance careers in Canada“. Iain Murray, Director of Public Financial Management, CIPFA.
Students completing RMC's Certificate in Accounting may be eligible for up to five CIPFA module exemptions. Four of these exemptions relate to modules under the Canadian Accelerated Route, as detailed in the table below. The fifth potential exemption applies to the Audit and Assurance module (AAF310/BAE310) under CIPFA's non-accelerated route.
Read more: Royal Military College of Canada offering globally validated Certificate in Accounting
| CPFA Accelerated Route Modules | RMC Equivalent Courses/Status | RMC Course Code |
|---|---|---|
| Financial Accounting | Financial Accounting AND Intermediate Accounting I |
AAF202/BAE202 AND AAF302/BAE302 |
| Management Accounting | Managerial Accounting AND Intermediate Management Accounting |
AAF208/BAE208 AND AAF404/BAE404 |
| Developing Strategy and Data Analysis | Not covered by the current RMC Certificate in Accounting curriculum. | |
| Business Planning and Financial Management | Finance AND Intermediate Management Accounting |
AAF300/BAE300 AND AAF404/BAE404 |
| Business Reporting | Intermediate Accounting I AND Intermediate Accounting II AND Advanced Accounting |
AAF302/BAE302 AND AAF414/BAE414 AND AAF424/BAE424 |
| Governance and Risk Management | Not covered by the current RMC Certificate in Accounting curriculum. | |
| Strategic Public Financial Management | Not covered by the current RMC Certificate in Accounting curriculum. | |
| Public Sector Financial Reporting | Not covered by the current RMC Certificate in Accounting curriculum. | |
| Strategic Case Study | Capstone module: not eligible for exemption | |
For information on admission requirements, remaining modules, assessments, and professional experience requirements, please visit CIPFA's Canadian Accelerated Route.
Points of Contact
Lead Professor:
Nabil Messabia, DBA, CPA, Associate Professor
email: nabil.messabia@rmc-cmr.ca
Administrative Assistant:
Noha Hassan
email: noha.hassan@rmc-cmr.ca