What will be the criteria for obtaining a public accountancy permit?
According to the draft regulation on the public accountancy permit currently being studied by the government, CMAs who wish to engage in public accountancy will have to have both a CMA permit and a public accountancy permit. To obtain the latter, they will probably have to satisfy the following requirements: (1) have successfully completed the post-certification public accountancy program of the Order or a program that satisfies the criteria provided in the Regulation respecting the public accountancy permit and recognized by the committee set up by the Board of Directors; The post-certification program in public accountancy consists of a 12-credit graduate level training program in financial accounting, taxation and assurance, involving a prerequisite of at least 9 credits at the undergraduate level in financial accounting, taxation and assurance. (2) have met the requirements of the training period in public accountancy or of a training period that satisfies the criteria provided in
