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Old 05-05-2011, 07:02 AM
 
Location: Ontario
64 posts, read 125,590 times
Reputation: 38

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I am a CGA in Canada, it is equivalent to a CPA in the united states in terms of knowledge.

Unfortunately, in Canada a CPA is not recognized at all.

In Canada CGA > CPA.

A CA is in both countries and more recognized around the world.





To sheena16:

A CA is more recognized than a CMA. A CMA is a Certified management accountant, meaning its more for industrial management accounting. Both are good, but a CA is considered "better".


As I said above, a CPA is not recognized in Canada, you would need to get a CGA.



Hope this helps
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Old 06-21-2011, 11:08 AM
 
1 posts, read 9,795 times
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Heloo?

am a degree holder and planning to do ACCA at London school of business and finance in Toronto. if i finish will ACCA certificate be recognized in Canada? is there any chance to get a job in Canada with this ACCA certificate as it is a British qualification. please help me!!!!!
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Old 08-09-2011, 12:51 PM
 
1 posts, read 9,532 times
Reputation: 11
Hi,

I am currently in a very big dilemma. I have an Indian BBA degree specializing in Accounting and Finance. Since Indian bachelors in business degrees are offered only as a 3-year program, unfortunately, I'm finding it hard to be eligible for any Masters programs in the USA or Canada. However, there is one university in Canada that I am eligible for - Brock University. Does any of you have any idea about how Brock is?

Also, I need to complete a MAcc degree in order to be eligible for CPA. Originally, my plan was to do a masters in USA, and do my CPA there and work and settle down there. But now, due to my ineligibility, I am looking at executing the same plan in Canada. Can anyone tell me whether this is a good idea for Canada? Does Canadian CPA differ from USA CPA?

Please help.
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Old 08-10-2011, 08:22 AM
 
Location: Beautiful Niagara Falls ON.
10,016 posts, read 12,580,750 times
Reputation: 9030
Quote:
Originally Posted by divs173 View Post
Hi,

I am currently in a very big dilemma. I have an Indian BBA degree specializing in Accounting and Finance. Since Indian bachelors in business degrees are offered only as a 3-year program, unfortunately, I'm finding it hard to be eligible for any Masters programs in the USA or Canada. However, there is one university in Canada that I am eligible for - Brock University. Does any of you have any idea about how Brock is?

Also, I need to complete a MAcc degree in order to be eligible for CPA. Originally, my plan was to do a masters in USA, and do my CPA there and work and settle down there. But now, due to my ineligibility, I am looking at executing the same plan in Canada. Can anyone tell me whether this is a good idea for Canada? Does Canadian CPA differ from USA CPA?

Please help.
Don't worry about Brock, it's a great school. My oldest son who is by the way the smartest person I know, went to Brock for his undergrad degree and now is a medical specialist. You will also get to live in St. Catherines which is a very nice place to live.
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Old 08-10-2011, 10:52 AM
 
4 posts, read 14,219 times
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i think USA CPA and canadian CA. there isnt any canadian CA. IN accounting u can also do CGA and CMA. Most of the people in accounting profession here do CGA instead of CA bcoz its comparitively easy.
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Old 08-11-2011, 10:00 AM
 
Location: Sunnyside, Calgary
250 posts, read 643,080 times
Reputation: 307
Quote:
Originally Posted by divs173 View Post
Hi,

I am currently in a very big dilemma. I have an Indian BBA degree specializing in Accounting and Finance. Since Indian bachelors in business degrees are offered only as a 3-year program, unfortunately, I'm finding it hard to be eligible for any Masters programs in the USA or Canada. However, there is one university in Canada that I am eligible for - Brock University. Does any of you have any idea about how Brock is?

Also, I need to complete a MAcc degree in order to be eligible for CPA. Originally, my plan was to do a masters in USA, and do my CPA there and work and settle down there. But now, due to my ineligibility, I am looking at executing the same plan in Canada. Can anyone tell me whether this is a good idea for Canada? Does Canadian CPA differ from USA CPA?

Please help.
My recommendation to you: Many university offer bridging programs to students with degrees who do not have the required courses for CASB or a Masters of Accounting. You may only need a handful of courses to get into the program of your choice. Instead of jumping right into a Master’s program, why not spend a fourth year as an undergrad….either in the US or Canada. This will give you a better understanding of our academic standards, and it will allow you to learn about our tax laws, and accounting standards (IFRSs and ASPE in Canadian and US GAAP down south). Undergrad courses are slower paced than professional or masters level courses.
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Old 08-11-2011, 10:01 AM
 
Location: Sunnyside, Calgary
250 posts, read 643,080 times
Reputation: 307
My first bit of advice is to choose the country (and state/province) where you would like to work. Complete the education requirements in that location. The Canadian and American designations require university prerequisites. Finding equivalent courses between American and Canadian universities can be a bit of a challenge, and if you add a third country to the mix, it could be a major headache.

I don't know a whole lot about the CPA designation process, but one of my close friends is a CPA. He indicated that in his state, most CPA's get a Master's degree (like you mentioned), then they write the examinations. They also need to meet specific work experience requirements.

The Canadian CA route is different. Most of our higher level education is done outside of University. University prerequisites are all achieved in your Undergrad, and the minimal standard isn't all that difficult to achieve. One of the difficult steps in becoming a CA is landing an appropriate job. From what I understand, CA's are much stricter about the type of work experience that is recognized than many State's CPA boards. It is certainly more focused than the CMA or CGA designation within Canada.

To become a Canadian CA, a person needs an appropriate job at a training office. For many years, this meant that you would work in the audit or tax department of a public firm or have a revenue position with the provincial or federal government. CA's are now able to train at some corporations, but not every accounting job at those organizations are deemed appropriate. From what I can tell, people taking the industry route tend to work in financial reporting, internal audit or tax in a larger organization. The competition for these jobs is high.

For education, most CA students in Western Canada enroll in the Chartered Accountant School of Business (CASB). You cannot enroll in CASB if you do not have an appropriate training job. The learning in CASB is mostly delivered online, with collective examinations. A student must complete CASB (which consists of 5 nine week modules and a mock UFE) before writing UFE (final examination which is held over three days). CASB can be completed in 1 year, but most students spread it over 2 or 3 years. You need 36 months work experience in addition to passing the UFE to become a CA.

A much smaller group of students choose to take a Master’s degree at the University of Saskatchewan instead of doing CASB. The advantage to the Masters is it offers better social networking and more hands on instruction. You have to miss out on 8 months of salary and experience though….

Once you are a CA, you can write an American CPA examination without the university prerequisites.

CPA's can also write the CARE exam without our educational requirements if they would like to become a Canadian CA.

Long story short, if you are still in school, go for the designation you want first. Getting your first designation is a long process, and reciprocity isn't a good shortcut.
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Old 08-15-2011, 02:33 PM
 
Location: In a little house on the prairie - literally
10,202 posts, read 7,925,051 times
Reputation: 4561
You also need to understand the difference in US and Canadian GAAP. (FIFO only in Canada as an example)

Complicating this is that Canada is going IFRS, and US has decided not too.

You'll need to get up to speed on this.
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Old 10-12-2011, 12:58 PM
 
1 posts, read 9,317 times
Reputation: 11
hey guys! i wanted to know about the MBA CMA combined program offered by different Canadian universities. i just learnt about it which is why i don't know much apart from, it's a 2 year long program. if you enroll, won't you have to work at an accountancy firm like CA students do? i also wanted to know the prerequisites for the international students for entering this program. Shed me some light please!

thanks!
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Old 10-18-2011, 04:11 AM
 
1 posts, read 9,285 times
Reputation: 10
Great information! I just want to ask --- what certification / license should I acquire if I plan to work as an accountant in Canada? Can I take the exam here in the Middle East?
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