CPA Canada Core 1 Practice Updates and Feedback

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Open CPA Canada Core 1 practice · Try public practice

Current practice

1,728 questions are available in Finance Prep. The public page has 75 free-to-read questions with answers and explanations.

Finance Prep offers question practice for CPA Canada Core 1 — Financial Accounting and Reporting. The main practice page describes the available formats, coverage and app access.

These are original Finance Prep practice materials, not official CPA Canada exam questions. Use explanations and varied attempts to identify topics to revisit; a practice score does not predict an official exam result.

Consult the official resources when checking the provider’s current syllabus and exam requirements.

Release history

Question bank first released: May 15, 2026.

Dated improvements

October 18, 2026 — Evidence-focused practice improved

Replaced 224 questions, added 76 questions, and removed none, bringing the bank from 1,652 to 1,728 available questions. The renewed questions focus on choosing and interpreting evidence for reporting, assurance, finance and tax decisions. The other 1,428 questions remain available.

Review tightened distinctions involving repurchase financing, covenant timing, customer rebates, collectability, investment classification and hedge results. The complete 75-question public sample now comes from this reviewed evidence-focused renewal, with all four domains and all 43 source sections represented. It is a single-construction companion rather than a full format simulation. Reference pages now distinguish the MCQ section from the written case, correct several framework/formula qualifications, and include worked scenario decisions.

May 15, 2026 — Question bank released

Released original Core 1 practice questions with explained answers in Finance Prep. Learners can use the questions to practise the exam topics and review the reasoning after each attempt.

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