CPA PEP Finance Elective case studies
CPA PEP Finance Elective · Put your knowledge to work in context.
The CPA PEP Finance Elective is one module within the Chartered Professional Accountants Canada Professional Education Program, taken after the Core modules and before the Common Final Examination. It is designed for candidates who intend to work in corporate finance, financial planning and analysis, treasury, or transaction advisory, and who need finance competencies assessed at the elective level of proficiency rather than the broader core level. The module blends online learning, weekly live sessions, individual assignments, and group work, and it ends with a computer-based module examination. Content spans financial reporting foundations relevant to finance roles, financial analysis and forecasting, capital investment decisions, capital structure and cost of capital, risk management and treasury, valuation and mergers and acquisitions, and governance, ethics, and professional judgment. The CPA PEP Finance Elective case studies are 5 cases and about 4,925 words.
1Convertible Debenture Classification and Covenant Pressure
Northwind Components Inc. (NCI) reports under IFRS with a December 31 year-end.
1,058 words, about 5 min2Normalizing Working Capital Before a Growth Forecast
Cedarline Distribution Ltd. (CDL) is a private distributor of industrial supplies.
963 words, about 5 min3Replacement Decision with Unequal Lives and a Deferral Option
Ridgeline Manufacturing is comparing two mutually exclusive investments. Project A upgrades the existing press: cost 8.0 million, 5-year life, pre-tax operating savings 2.6 million per year, salvage 1.0 million.
867 words, about 4 min4Accretion/Dilution Versus DCF in a Bolt-On Acquisition
Arbor Group, a TSX-listed industrial acquirer, is evaluating the purchase of Kestrel Fabrication for a 96 million enterprise value (8.0x Kestrel's 12.0 million EBITDA). Kestrel has 20 million of debt costing 5%, depreciation of 3.0 million, capex of 3.5 million, a 0.5 million annual increase in net working capital, and a 25% tax rate.
905 words, about 5 min5Bill-and-Hold Revenue, Capitalized Costs, and a Related-Party Lease
You are controller of Halcyon Systems, a private ASPE company with a 4.0x debt/EBITDA covenant. On December 20, 20X4, the CEO directs you to recognize 6.0 million of revenue on a shipment to a distributor.
1,132 words, about 6 min