WHY HIRE A CHARTERED ACCOUNTANT?
Anyone can call themselves an accountant, but they may not have the experience or sufficient knowledge to handle your affairs correctly. You may not be aware that all accountants are not the same. To be able to call yourself a Chartered Accountant (CA) requires hard work and dedication. To obtain a CA designation, the following criteria must be met: • Must have obtained both an Undergraduate and Graduate University degree. • Must have passed the ‘Uniform Final Examination (UFE)’ which is given by the Canadian Institute of Chartered Accountants (CICA). • Must have at least 2 years training and a minimum of 2,500 hours of public services with a firm that is authorized by the CICA. Minimum hours of service must be rendered in each of the following areas: public accounting, auditing, and taxation. • Must take annual courses to keep up to date with the latest developments in accounting and taxes. Minimum of 20 hours per year.
