CA Practical Experience Requirements

More documents

Recommendations

Info

Qualifying Practical Experience3.8 Experience beyond that expected of an entry-level CAOn the UFE, CA Students are expected to demonstrate proficiency in the CA competenciesat the levels of proficiency specified in The UFE Candidates’ CompetencyMap. During their term of practical experience, CA Students are expected to meetthe minimum level of proficiency expected of an entry-level CA as described inSection 3.4 above. CA Training Offices are, however, not limited by these minimumproficiency levels. They can provide CA Students with practical experienceopportunities at higher levels of proficiency as long as all professional standards aremaintained, whereby CA Students and members:• Seek and perform only work for which they have the necessary competence toperform or, if applicable, are adequately supervised;• Recognize the limits of their own competence and voluntarily defer to involve other,more qualified individuals when not qualified to conduct the work themselves; and• Rely on the work of others only after establishing a reasonable basis for such reliance.3.9 Mandatory progression and increased responsibilityCA Students are not expected to demonstrate the required level of proficiency overthe entire term of their practical experience; rather it is expected that there willbe a progression in proficiency over time. The practical experience component ofCA Qualification must offer CA Students the opportunity for progression and/orincreased responsibility over the term of their employment (assuming the CA Student’sperformance is satisfactory) to ensure the development of CA competencies.3.9.1 Progression in CA Firm CA Training OfficesTraining positions in CA firms are structured to reflect progression through definedpositions that recognize increasing competency development and offer assignments ofincreasing complexity and increasing levels of responsibility. This is a well-establishedcomponent of the structure of training positions offered by CA firms, and will continueto be recognized as the appropriate standard for progression for these positions.3.9.2 Progression in Corporate and Public Sector CA Training OfficesTraining positions in the corporate and public sector are structured to provide for CAStudent progression through other standard measures of career development, such as:• Increased complexity of assignments and responsibilities;• Decreased need for ongoing supervision;• Increased ability and opportunity to supervise others; and/or• Promotion.16
3.10 Practical experience on secondmentSome CA Training Offices may provide CA Students with opportunities to obtainpractical experience on secondments. Participation in secondments is limited to CATraining Offices with the ability to provide these types of assignments. The numberof positions will be limited by the quality and quantity of the positions available andto CA Training Offices able to provide them. Participation in such secondments isalso subject to professional standards (e.g., independence).Secondment assignments will be recognized as valid qualifying practical experiencein the following circumstances:• Assignments within the international offices of a CA Training Office;• Assignments with a client or a subsidiary of the CA Training Office or of one ofits international offices; and• Assignments with another CA Training Office or an organization pre-approved bythe Provincial Institute/Ordre.All secondment assignments must be in accordance with arrangements acceptable tothe CA Training Office, including the provision of an adequate work environmentfor the CA Student, and are subject to the supervision and reporting requirements ofthe CA Training Office and to the CA Profession’s Rules of Professional Conduct.While an individual CA Student may work on more than one secondment assignment,no more than one-third of the CA Student’s total term of practical experiencecan be derived from secondment assignments.3.11 Co-op program experienceOther practical experience, such as that gained in CA Training Offices by studentsenrolled in co-operative programs or in other arrangements accepted by their ProvincialInstitute/Ordre/Region may also be recognized.3.12 Requirements for changing employersCA Training Offices may, from time to time, have CA Students leave their employ topursue other opportunities. The CA Training Office will ensure that the appropriatereports are provided to both the CA Student and the Provincial Institute/Ordre/Region (Section 5) for the time spent by the CA Student in the employ of the CATraining Office.CA Practical Experience Requirements 2009 17
Page 1 and 2: CA Practical ExperienceRequirements
Page 3 and 4: CA Practical ExperienceRequirements
Page 5 and 6: ContentsCA Qualification and the Pr
Page 7 and 8: CA Qualification and the Practice o
Page 9 and 10: 1 The CA Qualification Process1.1 O
Page 11 and 12: 1.3 The objectives of practical exp
Page 13 and 14: 2 The CA Training Office2.1 Overvie
Page 15 and 16: 2.4.2 Qualities of the working envi
Page 17 and 18: 3 Qualifying Practical Experience3.
Page 19 and 20: 3.4 The level of proficiency expect
Page 21: CA Students seeking to practise Pub
Page 26 and 27: Supervision Requirements4.2.4 Train
Page 28 and 29: Supervision Requirements• Conduct
Page 30 and 31: Supervision Requirements4.9 Limits
Page 32 and 33: Reporting to the Profession5.2.1 CA
Page 34 and 35: Reporting to the Profession5.5 Samp
Page 37 and 38: Appendix 1The information in this a
Page 39 and 40: 2. Assurance Competencies• Analyz
Page 41 and 42: Appendix 2Record of CA Qualifying E
Page 43 and 44: Assurance Competencies Level 0 Leve
Page 45 and 46: B. Pervasive Qualities and SkillsTh
Page 47: The Canadian Institute of Chartered

CA Practical Experience Requirements

Create successful ePaper yourself

Delete template?

Save as template?