Participants will develop a practical, end-to-end understanding of Canada’s SR&ED program, including updates from the 2025 federal budget, eligibility, expenditure rules, investment tax credit calculations, and CRA filing and review processes. The course materials include comprehensive reference materials and resources to understand how to identify eligible work, compile and calculate qualified expenditures, prepare compliant forms and supporting documentation, and address common review issues through scenarios and case-based discussion.

• CPAs in public practice or industry who want a concise, practical orientation to SR&ED eligibility, expenditures, filing, and the CRA review process. 
• CPAs with some exposure to SR&ED who are seeking an updated, SR&ED-only refresher focused on new legislation, common issues and practical claim preparation. 

By the end of this course, participants should be able to: 

• Prepare SR&ED claims using a step-by-step approach 
• Identify eligible SR&ED work using an eligibility framework. 
• Determine claimant eligibility for refundable SR&ED credits and understand the new caps on eligible expenditures. 
• Compile SR&ED qualified expenditures using the proxy method (e.g., salaries/wages , materials, contract payments) and calculate the reduction for assistance/contract payments. 
• Prepare core SR&ED filing components (e.g., T661 project description focus areas, evidence standards, and related prescribed forms) and organize documentation to support a claim. 
• Navigate CRA reviews, proposals, objections, and appeals, applying practical strategies informed by common issues and case-law themes. 

Topics include: 

• SR&ED overview & eligibility: key elements, eligible vs. excluded work, support/linked activities, and common pitfalls. 
• Who can claim & how to claim: claimant profiles, expansion of access to refundable credits, high-level workflow, and filing deadlines. 
• Expenditure pool & methods: proxy vs. traditional; treatment of salaries/wages (incl. specified employees), materials, contract payments, and overhead; evidence requirements. 
• Qualified expenditures and investment tax credits: additions and deductions, prescribed proxy amount, interaction with government and non-government assistance/contract payments, and high-level provincial/federal considerations. 
• Filing & review process: T661 focus areas, documentation and evidence standards, CRA review flow, proposals, objections, appeals. 
  Practice elements: short scenarios to apply eligibility framework and strengthen project descriptions; discussion of recurring issues observed in case law. 
  
  

Course Content Created: September 2026

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About This Product

On-Demand Courses by CPA PRO are either video recordings from live seminars, or video recordings produced specifically for the on-demand audience. Slides and any corresponding handout materials are included where available.These titles are eligible for Verifiable CPD Hours – in order to claim these hours as verifiable, you will be required to successfully complete a short quiz. You will be able to print or save your electronic certificate of completion.

Note that some courses comprise both formal instruction and self-directed exercises. In such cases, participants must complete both components to claim full CPD hours, or must reduce their reported CPD hours accordingly.

Please note that not all on-demand courses include downloadable materials such as course notes or slides.

How to get started

After completing your purchase, go to mylms.bccpa.ca. Log in using your CPABC Online Services credentials. Click Go to Your Courses and Materials to access your Learning Center. Select your course title to begin.