No matter which province you are in, if you are a Chartered Professional Accountant in Canada, completing the CPD requirement is a must to maintain your license.
Continuing professional development is necessary, and finding the right course provider is equally important to complete your CPD requirement and adequate professional development.
Choose the platform that best suits you and your professional requirements.
Top CPD Course Providers
CPA Canada
MY-CPE
Shariff Consulting
Lumiq Learning
Comparison Table of CPA CPD Course Providers
1. CPA Canada
Being one of the largest Accounting Organization, Charted Professional Accounts of Canada represents the Canadian Accounting Professional. CPD resources provided by CPA Canada are entirely approved for CPD credits.
But what’s the professionals’ opinion?
They don't really recommend CPA Canada as a reliable CPD source, especially when it comes to Learning the most updated and advanced courses flexibly and conveniently.
Pros
Complete CPD-approved courses.
Webinars and conferences are available and easily accessible.
Stress-free CPD reporting.
Cons
Third-Party Courses, Sponsored, and Advertisement Content.
Higher cost, around $45- $50 for a single CPD.
No Advance Certification Program and Package Courses.
No Mobile Application for Flexible Learning.
High price for ethics courses.
2. MY-CPE
For top-notch, high-quality, updated content at the affordable price of CA $249, MY-CPE can be the most effective Learning resource for completing your CPA CPD requirements.
Pros
5100+ hours of CPA Canada approved Content.
Package courses to complete CPD in one go.
Multi Formats courses (Live webinar, Self-study, Podcast, PDF, etc.) for convenient Learning.
70+ Advanced Certification Programs (View)
Mobile Application for Flexible and Convenient Learning.
Trustpilot Rating: 4.8 ★
Google Ratings: 4.8 ★
Cons
MY-CPE offers a very limited free course.
You have to take a complete platform Subscription for unlimited CPD access.
3. Shariff Consulting
Shariff is a quality course provider for CPAs in Canada and other professionals who want to complete their CPD.
Pros
It follows the A La Carte model. So, choose the course that interests you.
Courses are eligible for CPD credits.
Package Courses are available according to your CPD need.
Cons
Purchase courses every time with limited access to learning.
$45- $50 for one credit on Shariff is more expensive than others.
Also, package courses are costly and have limited course hours.
No ethics courses are included, which are far more expensive (CA$75 - CA$105 for each CPD).
No Google or Trustpilot review by the users.
5. Lumiq Learning
The Podcast CPD platform for Chartered Professional Accountants is a seamless way to complete your CPD requirements. Lumiq invites the industry's big names and professionals for their podcast.
Despite being a flexible learning method, only audio formats limit its boundaries. Learning every technical aspect is undoubtedly not possible.
Pros
High-quality content from top speakers, industry professionals, CFOs, and other big names.
All courses Comply with the CPD regulations.
It is the most convenient and Flexible way of learning and completing your CPD requirement.
Cons
It is the most expensive CPA CPD provider at CA$979 for the Unlimited Subscription Plan.
It is available in audio format only and lacks Audio Visual Learning experience.
Limited courses on ethics and other subject areas are available.
Conclusion
So, which CPD provider is the perfect match for you?
It ultimately depends on your specific needs and goals. Our comparison of top 4 CPD platforms will give you the clarity to start with.
Considering factors like course qualifications, cost-effectiveness, flexibility in learning, and user reviews will guide you in making an appropriate decision about choosing the best CPA CPD course provider.
FAQs
1. Who offers the most affordable CPD course for CPAs?
Compared to the others, MY-CPE offers an Unlimited Subscription Plan to access 5100+ hours of content eligible for CPD at just CA $249/year, which is a phenomenal deal.
2. Who is the most expensive and premium CPD provider?
Taking single courses from CPAC and completing 40 CPD will cost you around CA$1600, the most expensive provider. However, if you look at the third-party provider, Shariff, you pay CA $500 just for 20 CPD, making it $1,000 to complete the annual requirement (excluding ethics).
3. Which is the best CPD course provider?
Comparing the quality of content, affordable price point, and convenience of learning, MY-CPE stands out among all the CPD course providers for CPAs.