CA Practical Experience Requirements

CA Student: An individual registered with a Provincial Institute/Ordre in a CAprofessional education program and employed by a CA Training Office.Chargeable Hours: CA-supervised (directly or overall) hours normally chargeableto clients. Chargeable Hours do not include “work of a routine or clerical nature.” Inthe context of hours on secondments to a client of a CA Training Office, “ChargeableHours” means CA-supervised (directly or overall) hours.Approved Training Office (ATOs): Before September 1, 2007: A firm or unit ofa firm of Chartered Accountants in Canada or Bermuda, or an Office of a federalor provincial Auditor General, approved by a Provincial Institute/Ordre to trainChartered Accountants. Effective September 1, 2007, all ATOs were approved as CATraining Offices to train CA Students in public practice.CA Training Office (CATOs): A firm or unit of a firm of Chartered Accountants oran organization or unit of an organization in the corporate sector or the public sectorin Canada or Bermuda (or a member in good standing of a Provincial Institute/Ordre employed by that organization) that is approved to provide a CA TrainingProgram.Qualification to practise Public Accounting: The right to practise Public Accountingas a Chartered Accountant with full reciprocity among the Provincial Institutes/Ordre across Canada and in Bermuda.Provincial Institutes/Ordre: The Institutes/Ordre of the Canadian provinces (theOrdre refers to the Ordre des comptables agréés du Québec), the Canadian TerritorialInstitutes, and the Institute of Chartered Accountants of Bermuda.Public Accounting: For the purposes of this document, Public Accounting refersonly to the performance of Audit Engagements and Review Engagements.Public Practice: One of the three sectors in which CA Students can train, comprisingindividual CAs (sole proprietors) and CA firms providing professional serviceson a fee-for-service basis. These services can include but typically extend well beyondPublic Accounting.Review Engagements: Those as defined by the CICA Handbook.Taxation Services: The provision of services related to tax matters and the preparationof tax returns.2