U.S. CPA IQEX (Reciprocity) exam for Canadian CAs and Australian CAs/CPAs only.

Canadian CAs and Australian CAs/CPAs (who originally qualified in Canada or Australia) qualify to write the annual 4.5 hour, single-subject, multiple-choice U.S. CPA IQEX (Reciprocity) exam, which tests only entry-level technical material. The IQEX exam syllabus tests the following topics:

IQEX Exam Content

                                    percentage

Business Law                          20-25
Fund and Not-for-Profit Accounting      15
Taxation                              25-30
Professional Ethics                     10
Auditing                              10-15
Financial Accounting                  10-15

U.S. CPA Success' Competitive Edge

U.S. CPA Program Instructor Aubrey Glazman earned his CPA designation in 1991. He also wrote the IQEX exam in 1997, scoring in the top 5% of all 1997 IQEX exam candidates. Our program also features Jim Knafo, the first U.S. CPA Exam instructor in Canada to pass the IQEX exam. Over the past eight years he has taught hundreds of Canadian accountants who have passed the IQEX exam. Instructor Henry Zimmer passed the 1998 IQEX exam, scoring in the top 10% of all 1998 IQEX exam candidates. He also passed all four parts of the 2000 U.S. Uniform CPA Exam. Rounding off our team of instructors is Mark Feigenbaum. Mr. Feigenbaum passed the U.S. Uniform CPA exam in 1995 and has taught hundreds of U.S. CPA exam candidates in the United States and is Canadds only U.S. CPA who has also marked CPA examination essays for the AICPA. Cumulatively, more than 95% of candidates who have ever passed the IQEX exam and earned their U.S. CPA designation have taken courses taught by our four instructors.

Our four instructors have worked very closely together to ensure that our 2002 IQEX exam participants receive the possible course instruction and the most current IQEX exam preparation materials. Our instructors' experience in preparing for and passing both the 1997 and 1998 computerized IQEX exams and the 2000 U.S. Uniform CPA exam will provide a real competitive edge for our 2002 participants.

Aubrey Glazman can be contacted by telephone toll-free at (877) IQEX CPA (877-473-9272) or directly at [phone], or by fax at [phone] to answer any questions about the IQEX exam experience, the registration process, or the prep program. Participants may also e-mail questions to Mr. Glazman at [e-mail]. but must include a return telephone number in the e-mail message.

2002 IQEX Exam Prep Program

4-Day IQEX Program

Our 4-Day comprehensive program for the 2002 IQEX exam will focus on all six technical areas tested on the exam. We will review hundreds of prior U.S. CPA multiple-choice questions and show you the proven skills and multiple-choice exam techniques that will ensure you pass -- the first time!

All necessary IQEX exam preparation materials, including the exclusive highly-acclaimed U.S. CPA Success IQEX exam study binder and several thousand recent U.S. CPA exam questions and detailed solutions, are included in the course. All course materials have been completely updated for the November 2002 IQEX exam. Participants need not purchase any additional exam preparation materials.

3-DAY IQEX Program

A 3-Day intensive program for the 2002 IQEX exam has been tailored specifically for those CAs who do not require a review of the basic fundamentals of auditing and financial accounting. Our 3-Day IQEX program will intensively review all of the law, fund and not-for-profit accounting, taxation and professional ethics syllabus areas (covering 70%-80% of the IQEX exam content), and allow our 3-Day participants to review the auditing and financial accounting course material on their own.

Time Commitment: The majority of our successful IQEX exam participants report spending in the range of 60-90 hours reviewing course material prior to the exam. Detailed guidance on preparing an effective study plan for the revised IQEX exam will be provided during the course. Mr. Glazman will also be available to personally counsel individual participants prior to the exam.

Participants who attend the 3-Day intensive program will receive ALL of the course material and study plan guidance provided in the 4-Day IQEX program, including copies of hundreds of prior U.S. CPA multiple-choice exam questions and detailed solutions covering all of the auditing and financial accounting topics examinable on the 2002 IQEX exam.

IQEX Exam Registration

All of our IQEX exam participants will be provided with complimentary IQEX exam application materials. Participants may also obtain an IQEX application by logging on to our website at www.uscpasuccess.com after July 8, 2002. The November 2002 IQEX exam will be offered by computer in many locations throughout Canada and the United States. Candidates will be able to schedule an appointment to take the 2002 IQEX exam over a three-week period in November. The grade release date for the 2002 IQEX exam will be February 3, 2003.

It is the responsibility of each participant to register to write the IQEX exam. The application deadline for the November 2002 IQEX exam will likely be Friday August 30. 2002. However, we urge candidates to apply as soon as possible in order to benefit from the widest choice of IQEX exam dates and computerized testing locations, The cost to write the 2002 IQEX exam is expected to be $795 U.S..

For General IQEX exam registration information, please telephone: (800) CPA EXAM (272-3926) or [phone] or fax [phone] or visit www.nasba.org

Certification As A U.S. CPA

Successful IQEX participants are eligible to be granted the U.S. CPA designation from one of 40 U.S. state boards of accountancy that currently recognizes the IQEX exam for certification as a U.S. Certified Public Accountant. The majority of our successful IQEX exam participants have been granted the U.S. CPA designation from the Illinois State Board of Accountancy, after paying a $300 U.S. one-time registration fee. No further practical experience, additional exams, annual dues, or continuing education are necessary to earn and maintain an Illinois CPA certificate and the U.S. CPA designation after passing the IQEX exam.

All of our IQEX exam participants will be provided with complimentary applications for Illinois certification. These applications can be submitted directly to the Illinois State Board of Accountancy in February 2003 upon successfully passing the IQEX exam.

For information regarding CPA certification in Illinois or any other U.S. state, please contact Aubrey Glazman toll-free at (877) IQEX CPA (877-473-9272) or directly at [phone], or by fax at [phone]. Participants may also e-mail questions to Mr. Glazman at [e-mail], but must include a return telephone number in the e-mail message.

U.S. CPA SUCCESS' TEAM OF U.S. CPA EXAM INSTRUCTORS

AUBREY M. GLAZMAN

In 1991, Aubrey Glazman passed all four parts of the U.S. Uniform CPA Exam. In 1997, Mr. Glazman passed the U.S. CPA reciprocity (IQEX) exam (scoring in the top 5% of all 1997 IQEX exam candidates). He is Canada's most experienced U.S. CPA exam instructor, and, over the past eleven years, has helped more than two-thousand Canadian accountants pass the U.S. CPA exams.

Mr. Glazman directed and instructed in the York University U.S. CPA Preparatory Program from 1994 to 2000 inclusive, and is the author of the highly acclaimed U.S. CPA Success study binder. Prior program participants have achieved exceptionally high success rates on the U.S. CPA exams.

Mr. Glazman is also a Chartered Accountant, Chartered Business Valuator, Certified Fraud Examiner, a graduate of the Executive MBA Program at the Richard Ivey School of Business, University of Western Ontario, and will graduate from law school with a Bachelor of Laws (LLB) degree in June 2003.

In 1998, Mr. Glazman was accredited as a U.S. CPA specialist in business valuation by the American Institute of Certified Public Accountants after passing the AICPA's annual Accredited in Business Valuation (ABV) specialist examination.

He is also the Academic Advisor to the Canadian Institute of Chartered Business Valuators (the governing body of professional business valuators in Canada), and lectures regularly in UFE and CBV finalist programs. His evaluations as an instructor are consistently excellent.

Mr. Glazman can be contacted by telephone tool-free at (877) IQEX CPA (877-473-9272), or directly at [phone], or by fax at [phone] to answer any questions about the US. CPA exams or the U.S. CPA Success program. Participants may also e-mail questions to Mr. Glazman at [e-mail]. but must include a return telephone number in the e-mail message.

JIM KNAFO

Jim Knafo instructs in both our U.S. CPA Preparatory Program and Introduction to U.S. Income Taxation course; the latter course being offered jointly with Athabasca University's School of Business. Mr. Knafo was the first U.S. CPA Exam instructor to pass the U.S. CPA Reciprocity Exam (IQEX). From 1995 to 2001, Mr. Knafo was the Academic Director of International Accounting Seminars Inc., one of Canada's largest U.S. CPA Preparatory Programs and has helped more than one-thousand accountants pass the U.S. CPA Exams. Mr. Knafo enjoys an outstanding reputation as one of North America's most experienced U.S. CPA exam instructors. His evaluations are consistently excellent.

Mr. Knafo is also an exam-grading specialist and for several years has been involved in the marking of thousands of professional final examinations for Canadian accounting bodies. Since 1996, Mr. Knafo has worked with the Canadian Institute of Chartered Accountants at its marking centre, most recently as a Team Leader for the Uniform Final Examination. In 2001, the Institute of Chartered Accountants of Ontario appointed Mr. Knafo as its Provincial Reviewer for the Uniform Final Examination. For three years, Mr. Knafo was a member of the International Qualifications Appraisal Board of the American Institute of Certified Public Accountants. This Board works co-operatively with the U.S. National Association of State Boards of Accountancy, the governing body that administers the U.S. CPA Exams, to identify the differences between the qualification requirements of professional accountants in the United States and those of other countries. Mr. Knafo was appointed to the Board in 1999 in recognition of his unique ex pertise and qualifications and remains the only Canadian ever appointed to the Board.

HENRY B. ZIMMER

In 1998, Henry Zimmer passed the U.S. CPA reciprocity (IQEX) exam (scoring in the top 10% of all 1998 IQEX exam candidates). He also passed all four parts of the November 2000 U.S. Uniform CPA exam. Mr. Zimmer is one of Canada's most experienced professional instructors, and, over a thirty-year period, has helped thousands of Canadians earn their professional accounting designation.

Mr. Zimmer instructed in the York University U.S. CPA Preparatory Program in 1999 and 2000 and has taught in student education and professional development programs for most of the provincial institutes and for many of Canada's top universities. He has also lectured in the United States and Asia.

A recognized national authority on the CA profession's Uniform Final Exam, Mr. Zimmer is also the author of many textbooks and best-sellers on taxation and financial matters, and is the founder of CANTAX, one of Canada's leading income tax software programs used by professional accountants nationwide. He received his CA designation in 1967, and became a Certified Financial Planner (Canadian Gold Medalist) in 1986.

In 1994, Mr. Zimmer was elected a Fellow of the Institute of Chartered Accountants of Alberta (ICAA) in recognition of his numerous professional achievements and Isis significant contribution to the accounting profession in education. For three years, he also sat as an elected member of Council of the ICAA and enjoys an outstanding reputation as an instructor.

MARK A. FEIGENBAUM

Mark Feigenbaum instructs in both our U.S. CPA and EA Preparatory Programs. He is one of Canada's most experienced U.S. CPA exam instructors. In 2000, he instructed in the York University U.S. CPA Preparatory Program, and prior to that he taught hundreds of U.S. CPA exam candidates in a number of large national U.S. CPA prep programs in the United States. Mr. Feigenbaum has also taught undergraduate and graduate level accounting and tax courses at York University, the University of Toronto and Wilfrid Laurier University.

In 1996, Mr. Feigenbaum was selected by the American Institute of Certified Public Accountants (AICPA) to mark the examination essays fur thousands of candidates taking the U.S. Uniform CPA Exam. He is Canada's only U.S. CPA who has actually been involved as an AICPA marker of the essay portion of the Uniform CPA Exam. Mr. Feigenbaum earned both a Bachelor of Science degree (major in Accounting) and a Master of Arts degree in the United States, as well as the U.S. Certified Management Accountant (CMA) designation. He is a certified specialist in U.S. Taxation and Estate Planning and is currently a Ph.D candidate at the University of Toronto.

Mr. Feigenbaum is an associate at KPMG LLP, practising exclusively in U.S. individual, corporate, and estate and gift taxation in KPMG's U.S. and Cross-Border Tax Services Group. This group is one of Canada's largest and most specialized U.S. tax practices; and Program participants will benefit from Mr. Feigenbaum's unique expertise in she U.S. taxation subject urea.

A frequent contributor of articles to a number of Canadian and U.S. business and professional publications, Mr. Feigeobaum is often quoted in the National Post as an authority on cross-border issues and U.S. taxation matters. He has been interviewed on CBC Newsworld discussing tax planning for Canadians who relocate to the United States and lathe author of a number of articles on cross-border taxation.

Mr. Feigenbaum passed all four parts of the U.S. Uniform CPA Exam in 1995.

PROGRAM SCHEDULE

TIME                 DAY 1                      DAY 2

7:45 am to 8:45 am   Introduction and Overview
                     of U.S. Uniform CPA Exam
                     (For Uniform Exam
                     Participants Only)

8:45 am to 9:30 am   Introduction and
                     Overview of U.S. CPA IQEX
                     (Reciprocity) Exam

8:15 am - 10:15am    Law I                      Law V
(9:30 am - 10:15 am
   for Day 1 only)

BREAK

10:30 am -12:30 pm   Law II                     Fund and
                                                Not-For-Profit
                                                Accounting I

LUNCH

1:30 pm - 3:30 pm    Law III                    Fund and
                                                Not-For-Profit
                                                Accounting II



BREAK

3:45 pm - 5:30 pm    Law IV                     Taxation I




TIME                 DAY 3         DAY 4

7:45 am to 8:45 am




8:45 am to 9:30 am



8:15 am - 10:15am    Taxation II   Auditing III
(9:30 am - 10:15 am
   for Day 1 only)

BREAK

10:30 am -12:30 pm   Taxation III  Financial
                                   Accounting I


LUNCH

1:30 pm - 3:30 pm    Taxation IV,  Financial Accounting
                     Professional  II and Distribution
                     Ethics, and   of Managerial
                     Auditing I    Accounting
                                   Self-Study Module

BREAK

3:45 pm - 5:30 pm    Auditing II   Financial Accounting
                                   III and Case-Writing
                                   Strategies and
                                   Techniques Workshop
LOCATIONS AND DATES

                                                    Course
LOCATION                  2002 PROGRAM DATES        code

TORONTO (INTENSIVE 8-DAY  SATURDAYS AUGUST 10,      CPA205
SESSION) -- MONTECASSINO  17, 24, 31, SEPTEMBER
PLACE SUITES              14, 21, 28, OCTOBER 5

TORONTO -- MONTECASSINO   TUESDAY JULY 16 -         CPA206
PLACE SUITES              FRIDAY JULY 19

HONG KONG -- ADMIRALTY    SATURDAY JULY 20 -        CPA207
CENTRE                    SUNDAY JULY 21 AND
                          SATURDAY JULY 27 -
                          SUNDAY JULY 28

SINGAPORE -- SINGAPORE    TUESDAY JULY 23 -         CPA208
MANAGEMENT UNIVERSITY     FRIDAY JULY 26

TORONTO -- MONTECASSINO   SATURDAY AUGUST 3 -       CPA209
PLACE SUITES              MONDAY AUGUST 5 AND
                          SUNDAY AUGUST 11

VANCOUVER -- EXECUTIVE    WEDNESDAY AUGUST 7 -      CPA210
INN DOWNTOWN              SATURDAY AUGUST 10

TORONTO -- MONTECASSINO   MONDAY AUGUST 12 -        CPA211
PLACE SUITES              THURSDAY AUGUST 15

CALGARY -- ATHABASCA      MONDAY AUGUST 12 -        CPA212
UNIVERSITY, DOWNTOWN      THURSDAY AUGUST 15
CALGARY CAMPUS

OTTAWA -- ARISTOCRAT      FRIDAY AUGUST 23 -        CPA213
SUITES DOWNTOWN           MONDAY AUGUST 26

TORONTO -- MONTECASSINO   SUNDAY AUGUST 25 -        CPA214
PLACE SUITES              WEDNESDAY AUGUST 28

MONTREAL -- LE NOUVEL     TUESDAY AUGUST 27 -       CPA215
HOTEL                     FRIDAY AUGUST 30

LONDON (U.K.) --          MONDAY SEPTEMBER 2 -      CPA216
CLIFFORD'S INN            THURSDAY SEPTEMBER 5

WINNIPEG -- RAMADA        MONDAY SEPTEMBER 2 -      CPA217
MARLBOROUGH HOTEL         THURSDAY SEPTEMBER 5

TORONTO -- MONTECASSINO   SATURDAY SEPTEMBER 7 -    CPA218
PLACE SUITES              SUNDAY SEPTEMBER 8 AND
                          SATURDAY SEPTEMBER 14-
                          SUNDAY SEPTEMBER 15

NEW YORK CITY --          SUNDAY SEPTEMBER 8 -      CPA219
MARRIOTT MARQUIS          WEDNESDAY SEPTEMBER 11

TORONTO -- MONTECASSINO   THURSDAY SEPTEMBER 12 -   CPA220
PLACE SUITES              SUNDAY SEPTEMBER 15

EDMONTON -- ATHABASCA     WEDNESDAY SEPTEMBER 18 -  CPA221
UNIVERSITY, DOWNTOWN      SATURDAY SEPTEMBER 21
EDMONTON CAMPUS

VANCOUVER -- EXECUTIVE    SUNDAY SEPTEMBER 22 -     CPA222
INN DOWNTOWN              WEDNESDAY SEPTEMBER 25

TORONTO -- MONTECASSINO   TUESDAY SEPTEMBER 24 -    CPA223
PLACE SUITES              FRIDAY SEPTEMBER 27

LOS ANGELES -- RADISSON   FRIDAY SEPTEMBER 27 -     CPA224
MIDTOWN LOS ANGELES       MONDAY SEPTEMBER 30

HONG KONG -- ADMIRALTY    FRIDAY SEPTEMBER 27 -     CPA225
CENTRE                    MONDAY SEPTEMBER 30

TORONTO -- MONTECASSINO   SUNDAY OCTOBER 6 -        CPA226
PLACE SUITES              WEDNESDAY OCTOBER 9

VANCOUVER -- DOUGLAS      THURSDAY OCTOBER 17 -     CPA227
COLLEGE                   SUNDAY OCTOBER 20

ADDITIONAL U.S. UNIFORM CPA PREP PROGRAM 2003 DATES

                                                    Course
LOCATION                  2002 PROGRAM DATES        code

CALGARY -- ATHABASCA      SATURDAY FEBRUARY 9 -     CPA301
UNIVERSITY, DOWNTOWN      TUESDAY FEBRUARY
CALGARY CAMPUS            12, 2003

VANCOUVER -- DOUGLAS      THURSDAY FEBRUARY 13 -    CPA302
COLLEGE                   SUNDAY FEBRUARY
                          16, 2003

TORONTO -- MONTECASSINO   SATURDAY FEBRUARY 22 -    CPA303
PLACE SUITES              TUESDAY FEBRUARY
                          25, 2003

TORONTO -- MONTECASSINO   SATURDAY FEBRUARY 22 -    CPA304
PLACE SUITES              SUNDAY FEBRUARY
                          23, 2003 AND SATURDAY
                          MARCH 1 - SUNDAY
                          MARCH 2, 2003