52 other local students pass challenging
professional entry exam
TORONTO, Nov. 28, 2014 /CNW/ - The Chartered
Professional Accountants of Ontario (CPA Ontario) is proud to announce
that Laura Hodgson, a Guelph CPA
student, was one of just 16 Ontario students to make the
prestigious Honour Roll for top
marks on this year's Canada-wide
Uniform Evaluation (UFE). Overall, 52 Waterloo-area students passed
the test.
The UFE, written in September, is a national three-day
evaluation that assesses competencies including essential
knowledge, professional judgment, ethics and the ability to
communicate. The UFE has been an important component of the CPA
qualification program, which includes prescribed education,
practical experience and examination requirements. As a result of
unification of the accounting profession, the traditional Uniform
Evaluation will be replaced by a new, equally challenging, Common
Final Evaluation (CFE) which will be offered nation-wide starting
in 2015.
Only those who complete this entire CPA program successfully are
entitled to use the internationally recognized designation of
Chartered Professional Accountant, a profession known for financial
expertise, strategic thinking, business insight and leadership.
A Guelph resident who currently
works at EY in Kitchener, Laura has an Honours in Business
Administration degree from Wilfrid Laurier
University.
On why she chose a career in the accounting profession, Laura
said: "When I was first introduced to accounting in my high school
courses, I had a fantastic teacher who inspired me a lot and
encouraged me to take business in university. I continued to excel
in my accounting courses in university, so it seemed like the right
career path for me. I knew that the CPA, CA designation would open
many doors in the future."
In total, Ontario had a record
1,389 of the country's 3,576 successful UFE writers and
Mississauga's Akash Kapoor captured the Canada Gold Medal as
the top UFE writer in the country. This is the fifth year in a row
that the top Canadian UFE writer has come from Ontario. This is the largest crop of
successful Ontario UFE writers in history.
CPA Ontario also admitted 1,976
additional new Chartered Professional Accountants (CPAs) into
membership during two convocation ceremonies that took place on
October 25 and November 8, 2014. This marks a milestone for
these CPAs, acknowledging years of hard work, dedicated study,
steadfast work-life balance and a true commitment to the accounting
profession and their careers.
"Congratulations to all of the successful Ontario candidates," said Carol Wilding, FCPA, FCA, President and CEO of
the Chartered Professional Accountants of Ontario. "Qualifying to become a CPA is a very
challenging process and the resulting career is rich in rewards and
opportunities. CPAs play important leadership roles in
organizations of all types and sizes, from Bay Street to Main
Street. The skills and knowledge that CPAs bring to Ontario's workplaces are crucial to our
province's future success."
Interviews with Honour Roll
students and/or photographs are available on request.
Media experts - Consider a CPA the next time you're
looking for a subject matter expert to answer critical financial or
business questions or when you need a panel expert to offer insight
in a group discussion or debate.
About the Chartered Professional Accountants of Ontario
CPA Ontario protects the public interest by
ensuring its members meet the highest standards for integrity and
expertise. CPA Ontario serves and
supports its more than 80,000 members and approximately 20,000
students in their qualification and professional development in a
wide range of senior positions in public accounting, business,
finance, government, not-for-profits and academe. Certified General
Accountants (CGAs), Certified Management Accountants (CMAs) and
Chartered Accountants (CAs) are now unified under the Chartered
Professional Accountant (CPA) designation. Chartered Professional
Accountants are valued by organizations of all types and sizes for
their financial expertise, strategic thinking, business insight,
management skills and leadership. For information on the
profession, visit cpaontario.ca. To become a CPA in Ontario, visit gocpaontario.ca.
SOURCE The Chartered Professional Accountants of Ontario