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Most of your concern is which accounting designation provides better employment opportunity and their difference at work.
CGA-Certified General Accountant
CMA-Certified Mgmt Accountant
CA-Chartered Accountant
CPA- US Certified Public Accountant
CFA- US Chartered Financial Analyst
Financial Accounting: A/P, A/R, G/L...
CGA and CA
Auditing: CA,CPA and CGA (in western provinces) to sign an audit report. Given the potential risk of professional liability, the accountants will perform jobs, and partners sign on reports.
Mgmt Accounting: Costing, budgeting, revenue analyst...--CMA, CA
Any accounting designation is a big asset to your job earching, however, employers also look for "soft skills"--team spirit, communication (bilingualism, especially French in QC), writeing skill ...etc.
If your are an accounting student in undergraduate, I suggest you to prepare and pass CGA exams as you are completing your degrees. You can also try CMA (2 days) exam if your are not too bad in writing a business report.
CA needs more study after undergraduate. In QC, you must take CA diploma in Concordia, Mcgill, HEC or other French U. for appro. 2 years, the cost of membership due and 3 days UFE( exam )fees are higher. Ontario has less restricted educational requirement. other provinces has different system of educational requirement. All candidate has to pass UFE.
If you want to work in accounting in Canada, you have to acquire Canadian experiences as soon as possible. Then you can find out your interest in either financial accounting, costing, auditing, or taxation. You donot want to be overqualified. Understand that there are many people who work as A/P, A/R do not have accounting degree. It is your Canadian experience which the Canadian employer is looking for.
You have to work not only harder, but also smarter to be a successful accountant! |
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