Friday 27 July 2012

Mentorship Program: BBM Challenge #3



    The third and final challenge for the accountants group was to research the several certification groups for accountants in Canada and then write about the different combinations of education and experience for each. When we finished we had to post our research on the Facebook page. Here is my research:

Challenge 3: The Accountants 
There are several certification groups for the accountants in Canada. Each requires a different combination of education and experience. The more desirable credentials include: 

-Certified Public Accountant (CPA)
The role of the CPA is very diverse but some of the things they do for clients involve;
Tax returns and accounting services for small businesses
Accounting and reporting for the following: government agencies, non-governmental, not-for-profit organizations, public and private companies.
To qualify for this job one must have passed the Uniform Certified Public Accountant Examination and have met additional education and experience required. This usually includes a bachelor’s degree and a minimum of two years’ experience in public accountant.
-Certified General Accountant (CGA)
This designation is regulated by the Certified General Accountants Association of Canada. A CGA requires skills in the areas of professionalism, leadership and professional knowledge. The CGAs are responsible for advising businesses throughout Canada and around the world in industry, commerce, finance, government, public practice and other areas that require accounting and financial management skills.
To qualify for this job one must job experience which begins as a CGA student, and academic requirement of a bachelor’s degree upon certification.

-Certified Management Accountant (CMA)
This area is regulated by CMA Canada. The CMA often works as financial and strategic management professionals. They have a holistic view of business with a strong market focus.
To qualify for this job a person must have the business education which is tested through a rigorous entrance exam. Then the next step involves a Strategic Leadership Program which is professional development program and practical experience.
-Chartered Accountant (CA)
The Chartered Accountant works in four main areas of public practise, government industry and education. Around 40% of CA’s work in public practise and give advice in areas such as audits, business valuation, and small business tax. They are required in all levels of government and may be Treasurers or head of Finance or Controllers.
To qualify for this job a person must have a university degree with specific business course credits and three years’ work experience with a recognized CA training office.

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