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Real Estate Division

Appraisal Institute of Canada, Introduction to Professional Practice Course

The Appraisal Institute of Canada’s (AIC) Introduction to Professional Practice (ITPP) course is a requirement for those individuals interested in becoming a Candidate Member of Appraisal Institute of Canada (AIC). The course is a requirement for both the CRA and AACI designations.

The course is designed and presented by designated AIC members and is delivered through UBC’s distance learning platform. Students may begin the course at any time and proceed at their own pace, providing they complete the course within one year of registration.

AIC Introduction to professional Practice

Course Components

The course is divided into five modules:

  • Module 1: Introduction to CUSPAP
  • Module 2: Ethics and Conduct
  • Module 3: Practice Standards
  • Module 4: Regulations and Policies
  • Module 5: Insurance

Students must complete Module 1 first, then may complete the other modules in their order of preference.

Quizzes

To successfully finish the course, participants will need to complete a quiz at the end of each module achieving a passing grade of 60% or higher, within one year of registering in the course. If a grade of 60% is not achieved on any quiz, the participant must rewrite the quiz before proceeding. A $25 fee applies per rewrite attempt.

Once participants have successfully completed all of the modules and quizzes, proof of completion is automatically provided to the AIC.

Registration

Introduction to Professional Practice, 2020-21: $345

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Non-AIC Students

Other valuation organizations may recognize the ITPP course as a demonstration of Canadian valuation standards for designation or workplace purposes; AIC membership is not required to register. The International Association of Assessing Officers (IAAO) accepts the ITPP course for Canadian residents as meeting the appraisal standards requirement for IAAO designations. Note that IAAO members seeking recertification are recommended to instead register in the Professional Practice Seminar (PPS). Registering in the ITPP course requires an AIC membership number.
 

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