CIRP Qualification Program

The CQP is available in both official languages that leads to the CIRP qualification. The Program includes the courses/instructional components listed in the chart below. Consult the CQP program information for additional detail.

The Introduction to Insolvency Course: provides an overview of the profession and allowing candidates to acquire a general understanding of the insolvency and restructuring field;
The Core Knowledge Course: covers the technical knowledge needed to practice as an insolvency and restructuring professional; and
The Applied Knowledge Course: develops candidates’ ability to apply their technical knowledge to authentic cases and scenarios encountered by entry-level CIRPs; and
The Competency-based National Insolvency Examination: The CQP capstone exam that assesses candidates’ ability to demonstrate the competencies required of an entry-level CIRP.
The Practical Course on Insolvency Counseling: covers the information and techniques related to counselling debtors to regain financial stability.

Curriculum	Content Themes	Evaluation
Introduction to Insolvency Course REGISTER NOW	Background material on insolvency, applicable statutes and the profession as a whole Key Stakeholders: OSB, CAIRP Risk Management / common issues Preliminary do’s and don’ts Ethics, conflict and professional conduct issues	Assignments Self-administered exam
Core Knowledge Course REGISTER NOW Core Knowledge Exam - October 7, 2021 $1,000 Registration close date: September 7, 2021 REGISTER NOW	This course is organized into 4 distinct modules: Bankruptcy Restructuring Alternatives Receiverships Special Topics Key concepts are introduced in each module but candidates are reminded that these concepts may apply and often do in different kinds of engagements. Key topics include: Ethics, conflict and professional conduct issues Roles and responsibilities of players Assets & liabilities Receivership, interim receivers, special appointments, e.g. liquidators Bankruptcy Methods of realization Primary factors affecting insolvency/restructuring options Proposals under the Bankruptcy and Insolvency Act (BIA), Division I & II Continuing and monitoring operations Proceedings under the Companies’ Creditors Arrangement Act (CCAA) Insurance Income and sales tax issues Environmental issues Insolvencies in an international context Directors’ liabilities	Assignments Core Knowledge Course Exam (100% multiple choice) Candidates must be enrolled in the course for a minimum of six months prior to attempting the examination
Applied Knowledge Course REGISTER NOW	Running an insolvency practice (business plans, marketing, communication, banking, etc.) Ethics, conflict and professional conduct issues Public trust and policy Analysis of restructuring alternatives Practice Risk Management Critical Thinking Skill Development Case Analysis, including access to 8 teaching case studies.	Assignments Increasingly complex case studies Candidate + sponsor sign off upon completion Candidates must be enrolled in the course for a minimum of six months prior to attempting the examination
CNIE Preparatory Assignment ONLY $100 February - August 2021 REGISTER NOW	Mini-Case assignment with two case study questions, one consumer-based and one corporate-based.	Mandatory completion. The feedback from the assessment will help direct candidate's study for the CNIE, outlining strengths and weaknesses.
CNIE Preparatory Assignment & Mini-Case Debrief Session $350 February - August 2021 REGISTER NOW	Mini-Case assignment with two case study questions, one consumer-based and one corporate-based.	Live Review of mini-case and 3 past exam questions and pre-recorded exam prep sessions.
Practical Course on Insolvency Counselling (PCIC) REGISTER NOW	Personal Insolvency/Bankruptcy under the BIA Interviewing and Counselling Elements of Money Management Money in Context Notes: The PCIC may be taken at any time during the candidate’s course of study. Candidates must complete the PCIC prior to receiving CIRP certification or a trustee licence. The OSB requires candidates to be enrolled in or to have successfully completed this course before appearing at the Oral Boards	Online final exam
CNIE Tutorial - FULL May - September 2021 $700 REGISTER NOW	An optional five-day training session offered to assist candidates in preparing to write the Competency-Based National Insolvency Exam.	Includes pre-recorded and live technical sessions, exam preparation and mini-case debrief - access until successful on CNIE.
CNIE (Competency-Based National Insolvency Exam) Date: November 17-18, 2021 $1600 Registration close date: October 1, 2021 REGISTER NOW	Comprehensive final exam covering material from all three courses (excluding the PCIC)	Tests candidates ability to demonstrate the competencies required of an entry-level CIRP as developed through the CQP program and work experience.
CNIE Appeals REGISTER NOW	Remark only (entire paper) $250 Feedback only (entire paper) $300 Remark + Feedback (entire paper) $550	IMPORTANT: You must download this form before you register. Both you and your Sponsor must sign it. You will be required to upload it during the registration process.

Experience Requirement

Candidates must acquire a minimum of 2,400 hours of relevant insolvency experience over the duration of the Program. This must be completed prior to writing the Competency-Based National Insolvency Examination (CNIE).

Candidates will be required to submit a yearly summary of their professional activities in the subject areas listed in the Experience Hour Policy, and an employer will need to corroborate the number of hours listed. Candidates will not be allowed to attempt the CNIE until the 2,400-hour requirement has been achieved.

Become a CIRP

Become an Insolvency Counsellor

Become an Insolvency Administrator

CIRP Qualification Program

Curriculum

Content Themes

Evaluation

Experience Requirement