CA Practical Experience Requirements

CA Qualification and the Practice of PublicAccounting: A glossary of defined termsThe requirements laid out in this document provide the general practical experiencerequirements across Canada and in Bermuda for both Qualification as a CharteredAccountant and qualification to practise Public Accounting, which are recognizedseparately.Please note that the specific regulations and bylaws of the Provincial Institute(s)/Ordre for CA Qualification and the specific licensing regime or authority withineach province to control the practice of Public Accounting take precedence over thesegeneral requirements.This document uses the following terms as defined below. Note that ProvincialInstitutes/Ordre may have different definitions for these terms. These definitionsare not intended to modify or interpret any regulations and bylaws or to apply toany particular jurisdiction’s use of the terms; rather, they are provided for clarity ofinterpretation of the general practical experience requirements across Canada and inBermuda.Assurance Services: Independent professional services that improve the quality ofinformation, or its context, for decision makers.Audit Engagements: Those as defined by the CICA Handbook.CA Qualification: Admission to membership of a Provincial Institute/Ordre as aChartered Accountant after successful completion of mandatory education, evaluationand practical experience.CA Training Program: A program developed specifically for CA Students andapproved by a Provincial Institute(s)/Ordre. CA Training Programs offer:• structured training positions with a sufficient range of progressively complexassignments, increasing responsibility and high quality practical experience in therequired CA competencies;• the systems, programs and people needed to supervise, monitor, and counsel theCA Student in the development of the CA competencies; and• compliance with the reporting requirements of their Provincial Institute(s)/Ordre.CA Practical Experience Requirements 2009 1