Welcome to the Chartered Accountancy profession.
By choosing to become a Chartered Accountant you are choosing to become a trusted professional, known for technical excellence, integrity, objectivity and commitment to the public interest.
The skills and abilities, and the proficiency you are expected to achieve, are set out in The UFE Candidates' Competency Map: Understanding the Professional Competencies Evaluated on the UFE (PDF).
Minimum requirements have been established in each of these components to assist you in your development as a CA candidate:
- Education: A university degree with specific business course credits, as well as the professional program of your province or territory is required. This level of education provides a sound base of knowledge, skill and values necessary to be able to demonstrate competence. Check with ICAB for specifics.
- Experience: Work experience in a CA Training Office under the supervision of experienced CAs is also required. CA Training Offices may be CA Firms or leading organizations in the corporate or government sectors with CA Training Programs that are recognized by the profession. The training you receive during this period will greatly assist you in the development of the skills, attributes and values of a competent CA. You can apply directly to these CA Training Offices or meet with them when they recruit on your university campus. Again, ICAB provides further details.
- Evaluation: Assessment is the key to determining competence. CA candidates will continually receive assessments throughout their development - in university programs, in professional education programs and on the job. All CA candidates must sit the profession's Uniform Evaluation - our UFE; which is the capstone evaluation of a continual process of developing and assessing the knowledge, skills and professional values required of a CA. This three-day evaluation gives you the opportunity to demonstrate your professional competency by responding to business simulations of the kinds of challenges likely to be faced by the newly qualified CA.
These three elements ensure that, when you earn your CA designation, you will have acquired all the competencies that the marketplace expects of a Chartered Accountant.