CGA EDUCATION GUIDE
2008 -2009
2
Fees and important dates
3
Board Chair’s message
3
President and CEO’s message
4
CGA Program of Professional Studies
5
CGA program components
5
Undergraduate degree
5
CGA exams
9
Short graduate program in professional practice
9
Practical Training
11
Official language proficiency
11
Obtaining a CGA permit
12
Additional information
14
Registering with the Ordre
16
CGAs in action
16
Scholarship Program
17
CGA Program for Master’s degree holders
19
Senior Academic Program
19
Doctoral scholarships
20
Former CGA program of professional studies
(for candidates registered with the Ordre between January 1, 2000 and August 31, 2007)
21
CGA Program for Master’s degree holders
(for candidates registered with the Ordre between January 1, 2000 and August 31, 2007)
23
CGA PROGRAM
Table of contents
Registration Form CGA Education Program
1
CGA EDUCATION GUIDE
2008-2009
Fees and important dates
Fee schedule
File review (page 14)
Registration with the Ordre (page 14)
Application for technical competency exam exemption
FA4, FN2, TX2, AU2 and MU1 exams
PA1 and PA2 exams
Application to the Appeals Committee (page 12)
Review of exam results (page 8)
Review of PA1 or PA2 exam results
Critical analysis of exam results (page 8)
CGA permit* (page 11)
Registration in the Professional Certification
Program in Financial Performance (PAPPF) (page 20)
$120
$145
$120
$290
$415
$95
$165
$240
$200
$410
$125
The abovementioned fees are non-refundable unless otherwise specified in this guide.
All fees are subject to all applicable taxes (GST and QST) and are subject to change without notice.
* When the permit is issued, an invoice will be sent out indicating the adjusted annual dues amount reflecting the change in membership status.
2008-2009 exam schedule
December 2008 session:
ISSUES IN PROFESSIONAL PRACTICE (PA1)
Monday, Dec. 1, 6:30 pm-10:30 pm
ADVANCED CORPORATE FINANCE (FN2)
Monday, Dec. 1, 6:30 pm-10:30 pm
STRATEGIC FINANCIAL MANAGEMENT (PA2)
Tuesday, Dec. 2, 6:30 pm-10:30 pm
FINANCIAL ACCOUNTING: CONSOLIDATION
AND OTHER ADVANCED ISSUES (FA4)
Tuesday, Dec. 2, 6:30 pm-10:30 pm
ADVANCED EXTERNAL AUDITING (AU2)
Thursday, Dec. 4, 6:30 pm-10:30 pm
INTERNAL AUDITING AND CONTROLS (MU1)
Thursday, Dec. 4, 6:30 pm-10:30 pm
ADVANCED PERSONAL AND
CORPORATE TAXATION (TX2)
Saturday, Dec. 6, 9:00 am- 1:00 pm
December 2008 exam session deadlines
+ Registration with the Ordre to be eligible for the December
2008 exams: September 5, 2008
+ Exam registration : September 19, 2008
+ Requests for reviews or critical analyses of exam results :
February 21, 2009
March 2009 session:
STRATEGIC FINANCIAL MANAGEMENT (PA2)
Tuesday, March 10, 6:30 pm-10:30 pm
March 2009 exam session deadlines
+ Registration with the Ordre to be eligible for the March
2009 exam: December 12, 2008
+ Exam registration: January 9, 2009
+ Requests for reviews or critical analyses of exam results
June 5, 2009
June 2009 exam session:
FINANCIAL ACCOUNTING: CONSOLIDATION
AND OTHER ADVANCED ISSUES (FA4)
Monday, June 8, 6:30 pm-10:30 pm
ISSUES IN PROFESSIONAL PRACTICE (PA1)
Monday, June 8, 6:30 pm-10:30 pm
ADVANCED CORPORATE FINANCE (FN2)
Tuesday, June 9, 6:30 pm-10:30 pm
ADVANCED PERSONAL AND CORPORATE TAXATION (TX2)
Thursday, June 11, 6:30 pm-10:30 pm
ADVANCED EXTERNAL AUDITING (AU2)
Saturday, June 13, 9:00 am-1:00 pm
INTERNAL AUDITING AND CONTROLS (MU1)
Saturday, June 13, 9:00 am-1:00 pm
June 2009 exam session deadlines
+ Registration with the Ordre to be eligible for the June 2009
exam session March 20, 2009
+ Exam registration: April 3, 2009
+ Requests for reviews or critical analyses of exam results:
August 21, 2009
BOARD CHAIR’S
MESSAGE
PRESIDENT AND CEO’S
MESSAGE
Danielle Hébert, FCGA
Danielle Blanchard, CGA
Dear Students,
Dear Students,
We are pleased to present the 2008-2009 guide to the CGA Program of
Professional Studies, administered by the Ordre des comptables généraux
licenciés du Québec. Feedback on previous editions was very positive, and
we would like to thank all users of this guide, including CGA students and
the various university and college stakeholders.
Choosing a profession is certainly one of the most important decisions you will
ever make. When you enrol in the CGA Program of Professional Studies, you
know that a challenging and prestigious career awaits you. Recognized in
Quebec and across Canada, the CGA designation also has an international
dimension as a result of affiliation agreements between CGA-Canada and
professional organizations in Australia, Bermuda, China, Hong Kong and the
UK. In addition, the Ordre des CGA du Québec is currently negotiating a
reciprocity agreement with the French authorities.
Once again this year, the information in this guide has been updated to
better support your efforts. More than ever, this edition aims to achieve its
central goal of providing students with accurate and timely information on the
CGA Program of Professional Studies.
Advantages of the CGA designation
As you prepare to embark on your professional career, you will be called
on to display autonomy, initiative and critical thinking skills, backed by the
relevant technical and academic knowledge. You will also be required to
work flexibly within a variety of fast-changing professional environments. In
this regard, the CGA Program of Professional Studies will provide you with
all the tools you need. In keeping with the program’s emphasis on practical
skills, the PA1 and PA2 exams both use a competency-based approach.
The Ordre’s Program in Professional Practice (PPP) focuses on three main
thematic areas: integrating, analyzing and synthesizing information. The PPP
has a strong track record and is offered at a variety of post-secondary
institutions, including McGill University, the University of Sherbrooke (which
is set to launch its distance-learning option in September 2008), the
University of Quebec in Outaouais (UQO), the University of Quebec at Trois
Rivières (UQTR), the University of Quebec at Chicoutimi (UQAC), the
University of Quebec at Rimouski (UQAR), the HEC School of Business and
the University of Quebec at Montreal’s School of Management Sciences
(ESG-UQAM).
The Ordre is proud to offer a program of studies that is internationally
recognized and continuously updated. It is specifically tailored to the needs
of the employment market; it is also designed to help you achieve your
personal and professional goals.
With nearly 68,000 members and students, CGA-Canada is the fastestgrowing professional accounting association in the country, having garnered
widespread acclaim and recognition in its sector. In Quebec, the Ordre des
CGA has more than 10,500 members and students.
Amid increasing globalization, the accounting profession continues to evolve.
Recruitment is up, with employment at record levels. Current retirement
patterns suggest that demand for accountants will remain high; for young
people setting their sights on a professional career, the future is bright
indeed. And demand is high not only in the service industry and in private
firms, but also in the public and parapublic sectors: all businesses and
organizations need qualified accountants!
The accounting field offers a wide range of career opportunities. Positions
include Chief Financial Officer; Financial Director; Controller; Compliance
Analyst; Financial Management Officer; Chief Accountant; Logistics and
Distribution Supervisor; Commercial Accounts Manager; Portfolio Manager;
Auditor, etc. In addition, forensic accounting – an up-and-coming area of
expertise – is attracting growing numbers of young professionals.
Recognized and respected for their versatility and multi-disciplinary skills, CGAs
are active in the areas of accounting, auditing, finance, management and
taxation. Nearly 50% of CGAs in Quebec work in the corporate sector, with
a further 30% in the public and parapublic sectors and 20% in private practice.
I wish you much success in the CGA Program of Professional Studies. Please
remember that the Ordre is always available to provide support and assistance.
I wish you much success in your studies!
Danielle Hébert, FCGA
Board Chair
Ordre des CGA du Québec
Danielle Blanchard, CGA
President and CEO
Ordre des CGA du Québec
3
CGA PROGRAM OF
PROFESSIONAL STUDIES
Program leading to the CGA designation
Two technical competency exams
(exemptions may be granted)
Short graduate program in professional practice (PPP)
Two professional competency exams
PA1 – PA2
24-month practical training program
French language proficiency
Individuals who registered with the Ordre between January 1, 2000 and August 31,
2007 (unless they selected the program track described below) should refer to p. 20
of this guide for information on the requirements for their program track.
TECHNICAL COMPETENCY EXAMS
Candidates must successfully complete two of the following technical
competency exams :
+ Advanced Personal and Corporate Taxation (TX2);
+ Advanced External Auditing (AU2) or
+ Internal Auditing and Controls (MU1).
You may be exempted from taking either of these technical exams if
all prerequisite courses were completed within the prescribed timeframe. Please refer to p. 6 of this guide for further information.
THE PPP
The PPP is offered in a classroom format on a full-time or part-time
basis at most universities in Quebec. It consists of five or six courses
(depending on the university) totalling 15 credits. Please refer to p. 9
of this guide for details on the PPP, together with a list of the universities
offering the PPP and the Internet links providing access to detailed
descriptions of their respective programs.
PROFESSIONAL COMPETENCY EXAMS
CGA PROGRAM
The two required professional competency exams test students’ skills
within a professional context. Focusing on the integration of knowledge
across various subject areas, the exams require students to combine their
knowledge of material relating to multiple areas or multiple topics within
a specific area. Students are evaluated on their ability to apply their overall knowledge to the problem solving process.
The Issues in Professional Practice (PA1) exam tests professional skills
from the perspective of an external accountant providing audit, tax,
consulting or other client services. The Strategic Financial Management
(PA2) exam tests students’ strategic financial management skills from the
perspective of an accountant or manager working in a business or
organizational context.
PRACTICAL TRAINING PROGRAM
4
All prospective CGAs must complete 24 months of practical training.
Please refer to p. 9 of this guide for further information.
CGA program components
UNDERGRADUATE DEGREE
+ Bachelor of business administration (BBA),
accounting major, or
+ Bachelor of accounting sciences, or
+ BBA program courses (accounting major) or certificate
programs for holders of another undergraduate degree, or
+ Undergraduate degree completed by accumulating
certificates in accordance with the CGA-Canada program
and with the university as regards certification.
The degrees that meet the requirements of the first stage of the CGA
program track are posted on the CGA website. The degrees are in
accordance with the Ordre’s regulation concerning degrees granted
by designated educational institutions and are subject to change
without notice by the universities or by the Ordre.
CGA EXAMS
GENERAL INFORMATION
The prerequisite courses for each exam (listed by university) are posted
on the CGA website.
+ Students may take the exams at their own pace. Exams
do not have to be taken all at the same time.
+ There are three exam sessions per year, in December,
March (PA2 only) and June. Please refer to the exam
schedule on p. 2 of this guide or on the CGA website.
+ The minimum passing grade for the FA4, AU2, MU1, TX2
and FN2 exams is 65%.
+ The PA1 and PA2 exams are graded on a Distinction, Pass
or Fail basis.
+ The PA1 and PA2 exams must be taken upon completion
of the CGA program.
+ The PA1 and PA2 question sheets and students’ answer
booklets are not available for consultation by students
after the exam session.
CGA PROGRAM
RECOGNIZED IN QUEBEC
AND ACROSS CANADA, THE
CGA DESIGNATION ALSO
HAS AN INTERNATIONAL
DIMENSION as a result
of affiliation agreements
between CGA-Canada
and other professional
associations around
the world.
5
TECHNICAL COMPETENCY EXAM EXEMPTIONS
EXAM REGISTRATION CRITERIA
+ Candidates may be exempted from taking the taxation (TX2)
and auditing (MU1 or AU2) technical competency exams if
they have successfully completed ALL CGA-Canada prerequisite
courses in their program track. The prerequisite courses for each
exam are posted on the CGA website (listed by university).
To be granted an exemption, candidates should complete
and submit the appropriate form to the Ordre.
Candidates must be members in good standing of the Ordre, i.e.:
+ No exam exemptions will be granted if the prerequisites
were completed more than five years previously.
+ Exemption criteria for technical competency exams:
Candidates must be members in good standing with the Ordre, i.e.:
- must have paid their annual dues;
- must comply with the Ordre’s policies and regulations;
- must ensure that they have completed all prerequisite courses
and all required credits before submitting their application;
- must complete and submit an exemption request form,
together with the required information, documents and
payment. The form is available on the CGA website;
- must provide proof of successful completion of the prerequisite
courses by the prescribed deadlines.
PROFESSIONAL COMPETENCY EXAMS
The two required professional competency exams (PA1 and PA2)
test students’ skills within a professional context. Focusing on the
integration of knowledge across various subject areas, the exams
require students to combine their knowledge of material relating to
multiple areas or multiple topics within a specific area. Students are
evaluated on their ability to apply their over- all knowledge to the
problem solving process.
+ must have paid their annual dues;
+ must comply with the Ordre’s policies and regulations;
+ must submit their exam registration applications online only via
the CGA website;
+ must provide proof of successful completion of the prerequisite
courses, or
+ must provide proof of registration in the final prerequisite
courses, or
+ must provide proof of course equivalency;
+ must submit their academic transcripts and/or other documents
by email (formation@cga-quebec.org), fax or regular mail
(please include the file number);
+ must pay all fees in full for each exam. Post-dated cheques
are not accepted;
+ must notify the Ordre in writing within the prescribed timeframe
with respect to any exam registration cancellations;
+ candidates who wait until the deadline to register with the
Ordre prior to an exam session may experience lengthy file
processing delays.
Candidates admitted to take the CGA exams upon providing proof
of registration in the prerequisite course(s) are required to pass the
course(s) in question, even if they have passed the corresponding
CGA exam.
Please note that incomplete exam registration applications will not
be processed.
EXAM PREPARATION MATERIALS
The CGA exams are given nationally and test students’ knowledge of the
CGA-Canada program. By establishing a list of course prerequisites for
each university (available on the CGA website), the Ordre ensures that
the university programs and the CGA program are equivalent.
+ To maximize their chances of success on the exams, candidates
may purchase course materials, in addition to the course notes
on which the exams are based, from the Ordre.
CGA PROGRAM
+ The official course notes are sold in CD-ROM format. In
certain cases, they are accompanied by additional notes in
hard copy format. For price information and to order materials
on line, please consult the list of required exam materials on
the CGA website.
6
The exam schedule is tailored to your
lifestyle. With three exam sessions per year, the
CGA program gives you all the flexibility and the
tools you need. The professional competency exams
are designed to prepare students for careers in a
wide range of businesses, public organizations and
accounting firms.
+ Technical competency exams from previous years are available
free of charge at:
www.cga-canada.org, under Programs, Education, Assessment.
EXAM REGULATIONS
EXAM RE-REGISTRATION CRITERIA
+ Candidates must bring the eligibility card issued by the Ordre,
in addition to an official photo ID (e.g., health insurance card,
driver’s licence, passport, citizenship card).
Candidates who fail any of the Ordre’s exams and prerequisite courses
may re-register provided that they:
+ The following materials may be used by candidates during exams;
- a silent pocket calculator (maximum one-line display) with no
printer or alpha keys;
- for the Taxation 2 (TX2) exam, a copy of the Income Tax Act
published by CCH. The year of the edition must correspond
to that used in the course notes. The Act may be annotated,
underlined and highlighted, although any annotations must be
in the candidate’s own handwriting (pencil or pen). Original
or photocopied pages from any other sources may not be
inserted or appended to the Act. However, standard-size
annotated tabs or removable “post-it” notes (one per page)
may be used; they may not exceed 4 cm × 5 cm (1.5 inches ×
2 inches). Larger post-it notes (or the use of more than one tab
or post-it note per page) are considered additional pages and
are prohibited;
- before the exam begins, the invigilators will ensure that the
copy of the Act used by each candidate complies with the
regulations governing authorized exam materials. Candidates
who use a CCH edition of the Act that differs from the
recommended edition must include an indication to that effect
in their exam booklet.
+ Any individuals in violation of the regulations governing exam
materials will have any unauthorized materials confiscated.
+ The following materials are not authorized in the examination room;
- course notes, personal notes or reference books;
- pencil cases, eyeglass cases or hats; only the candidate’s
wallet may be placed on the desk
- once candidates have handed in their exam booklet to an
invigilator, they may not have further access to it.
Any individual in violation of these regulations will be penalized.
GROUNDS FOR EXCLUSION FROM AN EXAM,
WITHHOLDING OF EXAM RESULTS, ASSIGNMENT
OF FAILING GRADE OR MEMBERSHIP REMOVAL
+ retake the prerequisite courses;
+ provide further proof of successful course completion or registration.
CANCELLATION OF EXAM REGISTRATION
+ Candidates must sign and submit a written registration cancellation notice to the Ordre’s head office by mail, courier, email or
fax before 4:30 p.m. on the day of the exam if the exam is held
on a weekday evening and before 4:30 p.m. on the preceding
Friday if the exam is held on a Saturday.
+ The cancellation notice must specify the exam in question and
must include the candidate’s name, address and file number.
If these conditions are met, the cancellation will not be deemed
to constitute failure of the exam.
+ Candidates who are absent from an exam without notifying
the Ordre thereof in advance will be automatically assigned
a failing grade for the exam.
EXAM FEE REFUNDS
+ Exam registration fees will only be refunded in the following cases:
- death of a close relative (father, mother, brother, sister, child,
grandfather, grandmother, father-in-law, mother-in-law,
daughter-in-law or son-in-law);
- Illness, with supporting medical certificate stating the diagnosis.
In such cases, candidates must submit the original supporting document
to the Ordre within 30 days following the exam.
+ Exam registration fees will not be refunded in any other
circumstances. This also applies to candidates who register for
exams for which they are ineligible under the Ordre’s regulations
(please refer to “Exam registration criteria” for further details).
+ Applications to defer registration until the next exam session
will not be accepted.
MAXIMUM NUMBER OF ATTEMPTS
+ Candidates who violate any of the above regulations may
be prohibited from registering for an exam.
Candidates may not take a given exam more than four times.
+ Candidates who register for an exam under false pretences,
submit false documents, commit plagiarism or take part in
plagiarism during an exam will be assigned a failing grade
on the exam and will have their file closed by the Ordre.
+ Candidates who refuse to stop writing when the head invigilator
announces that the exam is over will be subject to disciplinary
action by the Ordre.
CGA PROGRAM
+ Candidates who fail to pay their annual dues will have their
exam results withheld until payment in full is received.
7
REVIEWS AND CRITICAL ANALYSES OF EXAM RESULTS
During reviews of exam results, a second examiner checks
the exam booklet to ensure that it was graded fairly and accurately.
Such reviews result in either a confirmation or an adjustment of the
original grade, as applicable, and are accompanied by a report
indicating the grade obtained on each question and sub-question.
As regards the Issues in Professional Practice (PA1) and Strategic
Financial Management (PA2) professional exams, such reviews
ensure that the grading process was carried out properly.
Critical analyses of exam results involve providing a list of the
marks assigned, together with general and specific comments on
each of the candidates’ answers. Critical analyses are designed to
help students prepare for retests.
Please note that critical analyses are not available for the PA1 and
PA2 professional exams, for which a competency report is sent to
unsuccessful candidates.
All applications for reviews or critical analyses of exam result must be :
+ submitted in writing by the deadline indicated on p. 2 of this guide;
+ addressed to the Ordre;
+ submitted together with payment in full.
Subsequently:
+ The candidate will complete the review or critical analysis within
75 days of the date the application is received and will submit
his/her decision to the candidate.
CGA PROGRAM
+ Grades assigned during the review process are final.
8
VALUE-ADDED : The PPP’s
flexible structure makes
it easier to balance the
demands of work and
student life. Using a
competency-based
approach, the PPP is
available provincewide
and is a key source of
information on ethics,
governance, accounting,
auditing, finance,
management and
taxation.
Short graduate program
in professional practice (PPP)
The new graduate program in professional practice is designed to
foster CGA candidates’ ability to analyze, integrate and synthesize
information. Thanks to the program’s emphasis on practical
techniques and competency-based approach, students acquire skills
in the fields of ethics, governance and integrity, accounting, auditing,
finance, management and taxation. The new program focus reflects
the wide range of businesses, public organizations and accounting
firms in which CGAs find career opportunities.
Practical training
Procedure
1
Find a professional-level job
in the accounting field or a related field.
2
Find a training supervisor (CGA).
3
Obtain authorization for the foregoing
from the Ordre by submitting the required
documents.
4
After each 12-month period of work
experience or following a change of
employer or significant change of position
within a given organization, complete the
evaluation form (which must be reviewed
by your training supervisor) and submit it
to the Ordre.
The PPP is offered on a full-time or part-time basis at most universities
in Quebec. It consists of five or six courses (depending on the
university) totalling 15 credits.
The universities offering the PPP, together with the hyperlinks providing
access to a detailed description of the various programs, are listed below.
The PPP is offered in a classroom format
at the following institutions:
+ HEC Montréal
Microprogramme en expertise professionnelle – CGA
http://www.hec.ca/programmes/mep/
+ Université de Sherbrooke
Microprogramme de 2e cycle
en expertise professionnelle préparatoire au titre CGA
http://www.usherbrooke.ca/programmes/micro/expertise_prof.html
+ Université du Québec à Chicoutimi (UQAC)
Programme court de 2e cycle en expertise professionnelle
http://www.uqac.ca
+ Université du Québec à Montréal (UQÀM)
Programme court de deuxième cycle en pratique comptable - CGA
http://dsc.esg.uqam.ca/formations/formation_pratique_comptable_cga.asp
+ Université du Québec à Rimouski, campus de Lévis (UQAR-Lévis)
Programme court de 2e cycle en expertise comptable professionnelle
http://www.uqar.qc.ca/programmesFormation/description/prg/0645.asp
PRACTICAL TRAINING REQUIREMENTS
+ Candidates must have completed at least 45 undergraduate
credits (or equivalent). The Ordre may recognize up to six months
of practical experience acquired during the candidate’s
undergraduate studies (or equivalent). The Ordre may also
recognize the practical training of individuals enrolled in coop
programs administered by the University of Sherbrooke, the
University of Quebec in Outaouais or the University of Quebec
at Trois Rivières, based on the criteria established by the Ordre
and those institutions.
+ Candidates must acquire at least two years of:
+ Université du Québec à Trois-Rivières (UQTR)
Programme court de 2e cycle en expertise professionnelle CGA
http://oraprdnt.uqtr.uquebec.ca/pls/public/pgmwgo/?owa_cd_pgm=0471
a) full-time practical experience at a minimum rate of
30 hours/week; or
+ Université du Québec en Outaouais (UQO)
Programme court de deuxième cycle en expertise comptable professionnelle
http://services.uqo.ca/ConsultationBanquePrgrammes/programmes/0645.html
b) part-time practical experience at a minimum rate of
20 hours/week with the same employer for a total
of at least 3,000 hours completed over at least two years.
+ Université McGill
Graduate Certificate in Accounting Practice
http://www.mcgill.ca/conted-cms/programs/grad/accounting/gradcert/
CGA PROGRAM
New
The PPP is now being offered in a distance-learning format at the Université
de Sherbrooke.
http://www.usherbrooke.ca/programmes/micro/expertise_prof.html
9
+ Candidates must perform one or more of the functions pertaining
to the accounting profession and/or to related activities
(as set out in the CGA Code of Ethics and Rules of Professional
Conduct) in the private, public or parapublic sectors.
+ In addition to accounting, the Code covers the following:
- industrial and commercial accounting;
- business consulting;
- tax services;
- data processing;
- IT consulting and computer programming;
- business brokerage;
- estate administration and settlement;
- investment, financial and insurance advisory;
- etc.
+ Candidates’ practical training must be overseen by a CGA
supervisor providing guidance with respect to the relevant
experience to be acquired in accordance with the Ordre’s
requirements. The supervisor will also provide advice and answer any questions about the practical training process and
the CGA profession.
Practical training advantages: Selecting a job
in line with your ambitions and in the economic sector
of your choice enables you to hone the skills you
develop in the academic component of the program.
Accounting is a fast-changing profession and recruitment
is ongoing. Becoming a CGA means embarking on a
forward-looking career tailored to your skills.
+ submit a letter of attestation signed by their employer together
with their application. The letter must be printed on the
employer’s letterhead and must include the following information:
- title of position held;
- hiring date;
- number of hours worked per week;
- detailed description of duties indicating the percentage of time
spent on each.
Please note the following:
+ authorized practical training is deemed to begin on the date
the Ordre receives the candidate’s training authorization form;
+ within 30 days following receipt of the registration documents,
the Ordre will provide candidates with notification as to whether
the practical training has been accepted or not;
+ the practical training guide, training authorization form and
training evaluation form are available on the CGA website;
+ authorized practical training will be deemed to begin on the date
the Ordre receives the candidate’s training authorization form.
+ candidates are responsible for seeking eligible training
opportunities;
+ the Ordre assists candidates seeking eligible training opportunities
through its job placement service (free of charge). New jobs are
posted every week;
+ if candidates complete a coop or practical training program
lasting no more than six months during their undergraduate
studies (45 credits), they must obtain authorization before
continuing their training and must submit a new training
authorization form to the Ordre for approval, together with a
letter of attestation from their employer. This provision applies
regardless of whether or not there is only one employer. If the
documents are not submitted, the candidate’s experience may
not be taken into account for practical training purposes;
+ résumés (CVs) do not constitute satisfactory proof of employment.
PRACTICAL TRAINING REGISTRATION CRITERIA
PRACTICAL TRAINING EVALUATIONS
For practical training evaluation purposes, candidates must:
+ complete the practical training evaluation form and submit it to
their CGA supervisor at the conclusion of each training year
and/or each job. The CGA supervisor will review the job duties
with the candidate based on the practical training requirements;
+ submit an updated letter of attestation signed by their employer
together with their application. The letter must be printed on the
employer’s letterhead and must include the following information:
- title of position held;
- hiring date;
- number of hours worked per week;
- detailed description of duties indicating the percentage of time
spent on each.
+ Provide the Ordre with completed documents signed by the
trainee, the employer and the CGA supervisor.
When they deem it appropriate, candidates must:
The Ordre will proceed as follows:
CGA PROGRAM
+ register for practical training by completing and submitting the
training authorization form to the Ordre;
10
+ upon receipt of the practical training documents, the Ordre will
evaluate the experience acquired;
+ within 30 days of receiving the documents, the Ordre will notify
the trainee of its decision concerning the approval or rejection
of the practical training;
+ if the trainee has not met the practical training requirements, the
Ordre will indicate which requirements must be completed and
will provide the necessary instruction;
+ The Ordre has 60 days following the date the request is received
to hear the trainee’s appeal.
+ If they so desire, trainees may appeal the Ordre’s decision by
submitting a written request to the secretary of the Ordre within
30 days of receiving the decision.
+ The resulting decision is final.
CRITERIA IN THE EVENT A CANDIDATE CHANGES
EMPLOYERS OR IS ASSIGNED TO A DIFFERENT
POSITION WITH THE SAME EMPLOYER
If candidates change employers or are assigned to a different
position with the same employer, they must have their former position
evaluated and must complete a new training authorization form for
the new position.
OFFICIAL LANGUAGE PROFICIENCY
Under Quebec’s Charter of the French Language, anglophones and
allophones who wish to obtain a permit issued by a professional
order must demonstrate proficiency in the official language (i.e.,
French) to exercise their profession. Individuals are deemed to be
proficient in French if:
+ they received at least three years of full-time secondary or postsecondary instruction provided in French;
+ they passed the fourth or fifth-year secondary-level exam in French
as a first language;
+ they obtained a secondary school certificate in Quebec during
the 1985-1986 academic year or later.
In all other cases, individuals must obtain a certificate from Quebec’s
French Language Office (OLF) or a certificate deemed equivalent
pursuant to government regulations.
To obtain a certificate, CGA candidates must take the exam developed
and administered by the Office québécois de la langue française
testing the following five criteria:
+ comprehension of spoken French;
+ comprehension of written French;
+ oral expression in French;
For further information, please contact:
Government of Quebec
Office québécois de la langue française
Service des relations avec les associations et
les ordres professionnels
125, rue Sherbrooke Ouest
Montréal (Québec) H2X 1X4
Phone: (514) 873-6565
Fax: (514) 873-3488
www.olf.gouv.qc.ca
OBTAINING A CGA PERMIT
To obtain a permit (licence) enabling them to use the CGA
designation, candidates must:
+ hold a government-recognized undergraduate degree or a
degree deemed equivalent by the Bureau of the Ordre, or must
have completed a training program deemed equivalent by
the Bureau of the Ordre;
+ pass the required professional exams;
+ meet the requirements of the graduate program required at
the time of registration;
+ meet the practical training requirements;
+ provide the official transcript for the relevant training program
and a copy of the degree obtained;
+ provide proof of official language proficiency, as applicable;
+ submit the comparative assessment of studies completed outside
Quebec issued by the Quebec Department of Immigration and
Cultural Communities, as applicable;
+ complete and submit the permit application form available on
the CGA website, together with the required documents;
+ pay their annual dues and permit fee.
The CGA graduation ceremony is held once a year in October.
Candidates who become CGA members during the interim period
will be issued an official certificate authorizing them to use the CGA
designation until they officially receive their permit. Please allow six
to eight weeks for permit application processing.
+ written expression in French;
CGA PROGRAM
+ knowledge of French-language professional terminology and
ability to use this terminology.
11
ADDITIONAL INFORMATION
+ enclose a cheque covering the administration fees (please refer
to p. 2 of this guide);
DEADLINE FOR OBTAINING THE CGA
DESIGNATION
+ update their practical training file;
CGA candidates have five years to complete the Ordre’s requirements,
calculated as of the earliest of the following three dates:
Please note that these fees are non-refundable.
+ the date on which the candidate registers for his/her first CGA
exam. Please note that the five-year period begins on this date, even
if the exam is cancelled or the candidate does not take the exam;
COMPUTER EQUIPMENT
+ the date on which the candidate is granted an exemption for
a technical competency exam;
+ Candidates preparing for the CGA exams are required to purchase
a personal computer or to have access to university or office
computer equipment.
+ enclose a copy of their current résumé (CV).
Please note the following:
+ the date on which the candidate registers for practical training.
USE OF THE CGA DESIGNATION
+ Personal computers may not be used during CGA exam
sessions. However, candidates should prepare for the exams
by focusing on the interpretation of computer data.
Under Quebec’s Professional Code, use of the CGA designation is reserved for members of the Ordre, i.e., those individuals who have obtained their professional permit or who have received an official letter of
attestation to that effect. The authorized designations for candidates and
registered students are as follows:
For information on the technical specifications concerning purchases of
personal computers and printers by students preparing for the CGA
program, please go to the CGA website (www.cga-canada.org/en-ca)
and consult the following sections: Programs/Education/Student
computer equipment)
Candidate: candidate for admission to the practice of the
CGA profession
INTERPROVINCIAL TRANSFERS
Registered student: student enrolled in the CGA program
RE-REGISTRATION IN THE CGA PROGRAM
Individuals who submit a new registration application less than two
years following the closure of their file for non-payment of annual
dues or of their own accord should be aware of the following:
+ their application will be treated as if it were a new registration,
i.e., they will be subject to the requirements in effect on the date
the new application is filed;
+ any CGA exams successfully completed prior to the closing of
the file will be recognized only if they are still deemed relevant.
In that case, the new five-year deadline period will begin on
the date the exam in question was successfully completed;
+ the Ordre may require candidates to take additional courses or
may disallow successfully completed exams in compliance with
the program requirements in effect when candidates re-register;
+ individuals must pay the fee for submitting a new registration
application, in addition to any unpaid dues for the years during
which they are requesting the recognition of vested rights.
In accordance with the Ordre’s regulations, all individuals who move
to a province other than Quebec (except residents of border regions)
must arrange to have their file transferred to the CGA association of
that province (please refer to the list of Canadian and international
CGA associations on the CGA website).
To submit a file transfer application, candidates must:
+ have paid their annual dues;
+ complete the transfer application form (available from the
Ordre’s head office) and submit it to the Education Department;
+ submit proof of provincial residency.
ADDRESS OR EMPLOYMENT CHANGES
It is important to notify the Ordre as soon as possible of any address
or employment changes by submitting the online form available on
the CGA website. Failure to notify the Ordre of such changes may
have undesirable consequences, including the non-delivery of
important documents.
CGA PROGRAM COMPLIANCE
CGA PROGRAM
STUDENT APPEALS COMMITTEE
The committee rules on appeals filed by CGA candidates who
believe their rights have been prejudiced by the application of
regulations governing the CGA program, exams and deadlines or for
any other valid reason.
To file an appeal, candidates must have passed at least one CGA
exam. In addition, they are required to:
+ submit a written request to the committee clearly detailing the case,
the reasons for the appeal and the proposed remedies
12
All individuals admitted into the CGA program must comply with
all related regulations. Non-compliance will result in cancellation
of registration.
CGA PROGRAM
THE CGA PROGRAM: AN AMBITIOUS PROGRAM
DESIGNED TO DEVELOP STUDENTS’ SKILLS,
PROFESSIONALISM AND VERSATILITY.
The fast-changing CGA profession is
internationally recognized. Since it is tailored
to labour market requirements, you can
achieve your personal and professional goals
more easily.
13
REGISTERING WITH THE ORDRE
REGISTRATION PROCEDURES
FILE REVIEWS
1. Complete the CGA program registration form (available
on p. 23 of this guide or on the CGA website).
File reviews are part of the admissions process and are carried out
for each applicant. However, individuals may have their documents
evaluated prior to registration with the Ordre to ensure that their documents comply with the CGA program requirements.
2. Enclose the following:
+ a copy of all college and university transcripts;
+ a copy of all degrees held, as applicable;
Immigrants to Canada should enclose:
+ a copy of their landed immigrant certificate;
+ a translation (in French or English) of all degrees and academic
transcripts. Transcripts must be accompanied by a translation of the
course descriptions issued by the relevant educational institution;
+ a comparative assessment of studies completed outside Quebec
issued by the Quebec Department of Immigration and Cultural
Communities (MICC):
Phone: (514) 864-9191
Email: equivalences@micc.gouv.qc.ca
Please note that to become a member of the Ordre, candidates must
have obtained a document from the MICC attesting that their
training is equivalent to three or more completed years of university
studies (undergraduate level).
3. Pay the registration fees (non-refundable).
CGA PROGRAM
Please note that incomplete registration applications will not be
processed. Each registration includes a file review.
14
Individuals are required to:
+ complete the CGA File review form;
+ submit a copy of their college and university transcripts;
+ immigrants to Canada should submit a comparative assessment
of studies completed outside Quebec issued by the Quebec
Department of Immigration and Cultural Communities, together
with the relevant transcripts and a summary description of the
courses taken (translated into English or French);
+ enclose the non-refundable application fee (see p. 2 of this
guide). This fee will be deducted from the registration fee if
the application is submitted within six months of the file review.
Please note that incomplete file review applications will not be processed.
FILE NUMBER
The Ordre assigns a file number to each person enrolled in the program.
This number should be quoted in all communications with the Ordre.
GENERAL INFORMATION
+ Only the Ordre is officially authorized to confirm candidates’
program tracks. The program requirements in effect at the time of
registration apply throughout the candidate’s course of studies,
subject to amendments to the Ordre’s regulations.
+ When candidates register for the CGA program, the Education
Department will confirm which courses they are required to take,
as applicable.
+ Individuals registered with the Ordre should submit their transcripts
to the Education Department at the end of each academic session.
+ The program track taken by students who switch universities will
be subject to review.
+ Each university has a designated contact person available to
answer students’ questions concerning successful completion of the
CGA program. The contact persons are listed on the CGA website.
STATUS
+ Active registered student. Individuals who register with the Ordre
will be assigned active registered student status. However,
candidates who have active status but who have not taken any
courses aimed at completing the CGA program or who have
made no progress in the program for more than 24 months will
be assigned inactive status. Individuals may remain in inactive
status for no more than 12 months, during which time they will be
required to regularize their situation (i.e., by re-establishing active
status); if they fail to do so, their file will be closed
+ Candidate. Active registered students will be assigned candidate
status as soon as they register for an exam, a practical training
program or the PPP, or as soon as they obtain an exemption for
a technical competency exam. However, upon the expiry of the
five-year deadline (see p.12 of this guide), candidates will be
assigned “deadline expired” status. Individuals may remain in
deadline expired status for no more than 12 months, during which
time they will be required to regularize their situation (i.e., by
re-establishing their candidate status); if they fail to do so, their file
will be closed.
ANNUAL DUES
Individuals who register with the Ordre are required to pay annual
dues, prorated on the basis of the number of months remaining until
April 1. Dues are payable upon receipt of the invoice.
Please note the following:
+ upon receipt of the dues payment, the Ordre will make an
official receipt available on the CGA website;
+ candidates who apply for a CGA permit will still be required
to pay the statement amount when they receive their annual dues
notice. Their membership dues will be subsequently prorated
based on the months remaining in the period and will take into
account the amount of student dues paid.
Status
Category
Dues
Candidate or registered student
Regular
$220 plus taxes
Any individuals registered with the Ordre whose program does not correspond to
the “practical trainee,” “senior” or “pending issue of CGA permit” categories.
Status
Category
Dues
Candidate
Practical trainee
$325 plus taxes
Any individuals currently enrolled in the Ordre’s practical training program or who have
completed their practical training and whose program does not correspond to the
“senior” or “pending issue of CGA permit” categories.
The following individuals are not included in the “practical trainee” category:
+ anyone enrolled in a coop program administered by the University of Sherbrooke,
the University of Quebec in Outaouais or the University of Quebec at Trois Rivières.
These individuals may be included in the “senior” or “regular” categories;
+ anyone wishing to exercise their right to acquire six months of practical experience as
part of their undergraduate studies. These individuals may be included in the “senior”
or “regular” categories.
Status
Category
Dues
Candidate or registered student
Senior
$485 plus taxes
Any individuals registered with the Ordre for at least seven years and whose
program does not correspond to the “pending issue of CGA permit” category.
Status
Category
Dues
Candidate
Pending issue of CGA permit
$605 plus taxes
Any individuals who have:
+ completed the CGA program and the practical training;
+ AND who have passed the required CGA exams, the required graduate program and
the test administered by the Office québécois de la langue française (as applicable).
These individuals are eligible for the CGA designation.
The only file item required is the permit application form.
CGA PROGRAM
Annual dues
15
CGAS IN ACTION
SCHOLARSHIP PROGRAM
The following are important sources for individuals who are seeking
information and would like to learn more about the CGA profession.
UNDERGRADUATE SCHOLARSHIPS
CGA STUDENT ASSOCIATIONS
One scholarship of more than $2,000 is awarded annually to a student
at each university in Quebec, in addition to the University of Ottawa.
Each university has a CGA student association. These associations:
To be eligible, students must:
+ promote the CGA designation among students and professors;
+ be enrolled full-time in a bachelor of accounting sciences
program or equivalent (e.g., bachelor’s degree by accumulating
certificates);
+ foster dialogue between prospective CGAs and the business
community;
+ are responsible for organizing activities such as information
sessions, conferences on topics of interest, debates, business
visits, student meetings with employers/CGAs and proactive job
search workshops;
+ have completed at least 45 credits;
+ be working toward their CGA designation, based on their
completed courses;
+ have an excellent academic record;
+ encourage students to take on an active role within the
associations in order to provide fresh perspectives and new ideas;
+ be dynamic and motivated (e.g., community involvement);
+ ensure that the Ordre remains responsive to students’ needs;
+ submit an application, including a letter of introduction explaining
why they selected the CGA program, a copy of their résumé and
their most recent academic transcript.
The various student associations and contact persons are listed on the
CGA website.
NEED MORE INFORMATION ?
UNIVERSITY CONTACT PERSONS
One professor at each university serves as the CGA contact person. His
or her role consists of providing students with information and advice on
the CGA program and career opportunities and answering students’
questions on these topics.
The university contact persons are listed on the CGA website.
CGA ASSOCIATIONS IN CANADA AND ABROAD
CGA associations are active in every Canadian province and territory,
as well as in China and the Caribbean.
CGA PROGRAM
The various CGA associations are listed on the CGA website.
16
Please contact our communications/marketing advisor:
Ordre des CGA du Québec
Phone: (514) 861-1823 or (800) 463-0163
Fax: (514) 861- 7661
Email: communication@cga-quebec.org
Website: www.cga-quebec.org
FINANCE (45 HOURS)
CGA PROGRAM FOR MASTER’S
DEGREE HOLDERS
All topics in this seminar are approached from a corporate finance
perspective. Topics include investment selection, approaches to risk,
capital structures, business financial planning and special financial
instruments (options/futures).
TAXATION (45 HOURS)
Program description
Increasingly popular with administrators and business leaders, this
program is open to holders of an MBA or a master’s in accounting,
finance, taxation, administration or management. The program
recognizes students’ acquired knowledge and skills.
The program consists of six seminars, followed by four professional
exams. A 24-month practical training program, completed in the
candidate’s sector of choice, completes the requirements leading to
the CGA designation.
Master’s degree holders are exempt from the Short Graduate Program
in Professional Practice (PPP).
The following courses and professional exams must be completed:
Program requirements
Six seminars
Professional exams
Accounting (45 hrs)
Auditing (60 hrs)
AU2 or MU1
Finance (45 hrs)
Taxation (45 hrs)
FN2
or TX21
Professional practice
(45 hrs)
PA1
Strategic financial
management (45 hrs)
PA2
1 Students who elect to take the TX2 exam are required to take a second 45-hour block.
Candidates who registered with the Ordre prior to September 1, 2007 are asked to refer
to p. 22 of this guide for information on their program track.
This seminar aims to familiarize students with the fundamentalconcepts
and principles relating to Canada’s Income Tax Act. Topics covered
include various types of income and taxability, capital gains and losses
and calculations of taxable personal and business income. Business
restructurings and tax planning will also be covered.
Students who elect to take the TX2 exam are required to take a
second 45-hour block to be eligible to take the exam.
ISSUES IN PROFESSIONAL PRACTICE (45 HOURS)
This seminar aims to apply the knowledge acquired in the CGA
program for master’s degree holders in a concrete and practical way.
It also aims to develop students’ advisory and public accounting skills.
It addresses the ethical and moral aspects of public accounting, in addition to the concepts underlying audit risk/strategy assessment,
financial reporting needs and new developments in GAAP and GAAS.
The seminar essentially covers the competencies tested by the PA1
exam, focusing on general accounting, taxation, assurance and
leadership. The perspective adopted is that of an external accountant
providing auditing, tax and other business consulting services.
STRATEGIC FINANCIAL MANAGEMENT
(45 HOURS)
This seminar aims to apply the knowledge acquired in the CGA
Program for Master’s Degree Holders in a concrete and practical way.
It also addresses key aspects of financial accounting, management
accounting and corporate finance from a strategic decision making
perspective. The seminar essentially covers the competencies tested
by the PA2 exam (strategic financial management), focusing on the skills
needed by financial managers working in an organizational context.
PA1 and PA2 are the last seminars that students are required to enrol in.
Seminar descriptions
The content of each seminar is based on the CGA-Canada course notes.
FINANCIAL ACCOUNTING (45 HOURS)
This seminar aims to familiarize students with fundamental financial
accounting concepts and with the conceptual framework governing
financial reporting in Canada. The seminar also focuses on
fundamental concepts relating to main balance sheet items, income
statements and other financial statements. In addition, students will gain
an understanding of the principal Canadian accounting principles.
AUDITING (60 HOURS)
This seminar aims to familiarize students with fundamental management
auditing and external auditing concepts. Concepts, principles and techniques relating to business management auditing, including risk management, will be covered initially. Subsequent topics will include
fundamental external auditing concepts and processes. Professional,
legal and ethical considerations relating to assurance engagements
will also be addressed.
CGA PROGRAM
This is the first seminar that students are required to enrol in.
17
Seminar information
All seminars are usually given in Montreal every two weeks on
Saturdays or Sundays. The language of instruction is French; seminars
may be conducted in English if student demand is sufficient.
Seminars are subject to change without notice by the Ordre.
CGA EXAMS
Exam information is presented on p. 5 of this guide. Please note,
however, that although the first attempt at taking the CGA-Canada
final exam is included in the registration fee for each seminar,
candidates are responsible for registering for the exam they wish
to take by the prescribed deadline. To do so, they must complete the
exam registration form available on the CGA website; registration is
on-line only. The exam cancellation policy is presented on p. 7 of
this guide. All individuals who are registered in the CGA program for
master’s degree holders are required to pay the exam fees when
they register for the exam.
PRACTICAL TRAINING
The requirements and criteria for the 24-month practical training
program are described on pp. 9 to 11 of this guide.
Candidates must register on-line via the CGA website.
+ The fees for the CGA-Canada course notes and the final
exam (first attempt) are included in the above prices. However,
additional course materials may be required.
+ Candidates who cannot complete the seminars in accordance
with the proposed criteria can meet the training requirements
by taking programs currently offered at various universities.
+ Candidates who cancel their registration in a seminar will be
charged a $150 fee and will be required to pay the prorated
amount of the classes taken, calculated from the beginning of the
session until the date the notice of cancellation is received by the
Ordre. Fees for CGA-Canada course notes and final exams are
non-refundable.
* Fees are subject to change without notice and do not include GST or QST.
REGISTER ON-LINE!
(www.cga-quebec.org - under Become a CGA,
Education Program, Program for Master’s Graduates)
Fall session
Seminar registration deadline
August 18, 2008
TERMS AND CONDITIONS
+ Candidates must submit a registration application and a file
review application to the Ordre (a form is available on p. 23
of this guide and on the CGA website);
+ Registration fees:*
December 2008 exam registration deadline
September 19, 2008
Winter session
Seminar registration deadline
December 19, 2008
- $775 for the 45-hour accounting and taxation seminars;
- $1,000 for 45-hour finance, professional practice and strategic
financial management seminars;
CGA PROGRAM
- $1,450 for the 60-hour auditing seminar.
18
June 2009 exam registration deadline
April 3, 2009
Please refer to the CGA website for complete schedule information.
SENIOR ACADEMIC
PROGRAM
Senior academics can contribute to the CGA profession and CGA
associations in a variety of ways. These include participating in
accounting or public policy research projects, teaching, marking exams,
taking part in committee activities and promoting the CGA designation.
This program is specially designed for university professors and serves
as a “fast track” to the CGA designation.
The eligibility criteria are as follows:
+ candidates must hold a PhD and have at least two years of
full-time teaching experience in a Faculty of Commerce or
related department of a post-secondary institution;
+ candidates must have obtained their degree in accounting,
commerce, finance, taxation, administration or administrative
sciences.
Candidates are required to pass the Issues in Professional Practice
(PA1) and Strategic Financial Management (PA2) exams.
For further information, please contact the Ordre’s Education Department.
SCHOLARSHIP PROGRAM
DOCTORAL SCHOLARSHIPS
Need more information?
To ensure that university teaching positions remain accessible to the
Ordre’s members and to encourage them to obtain a PhD, the Ordre
awards one $5,000 doctoral scholarship each year. This scholarship
may be renewed for a second and third consecutive year provided that
the recipient continues to meet the Ordre’s requirements.
Phone: (514) 861-1823 or (800) 463-0163
Fax: (514) 861-7661
Please contact the Ordre’s Education Department:
Email: formation@cga-quebec.org
Website: www.cga-quebec.org
To be eligible for a doctoral scholarship, candidates must:
+ be a Canadian citizen or landed immigrant (supporting
documents are required);
+ be a member of the Ordre or be a CGA candidate and have
passed two CGA exams;
+ be enrolled full-time or part-time in a PhD program in accounting,
auditing, finance or taxation;
+ have completed approximately 30% of the program;
+ submit letters of reference from at least two professors;
CGA PROGRAM
+ submit a career plan.
19
Former CGA program
of professional studies
for candidates registered with the Ordre between
January 1, 2000 and August 31, 2007
CGA program track
Undergraduate degree: bachelor’s in
accounting sciences or equivalent
Two technical competency exams
(exemptions may be granted)
Two professional exams
FA4 & PA1
Professional Certification Program
in Financial Performance (PCPFP)
24-month practical training program
French language proficiency
TECHNICAL COMPETENCY EXAMS
Candidates must successfully complete two of the following technical
competency exams:
PROFESSIONAL CERTIFICATION PROGRAM IN
FINANCIAL PERFORMANCE (PCPFP)
The PCPFP is a 15-credit distance-learning graduate program offered
by Télé-Université (Téluq). It consists of six courses divided into two
components: finance and management/accounting. Student
performance is evaluated by means of practical assignments.
Candidates seeking admission to the PCPFP program must submit
two forms:
+ the Ordre’s PCPFP program registration form, which must be
submitted to the Ordre together with the fee payment;
+ the graduate registration and admission form, which must be submitted
to Téluq together with the required documents and fee payment. All
applicants for admission must at least register in FIN 6050.
For further information on PCPFP admission and registration procedures
and detailed course descriptions, please visit the Téluq website
(www.teluq.uquebec.ca/cga) or call (888) 843-4333.
PCPFP registration deadline
+ All candidates who are required to take the PCPFP to obtain the CGA
designation must enrol in the program by January 1, 2010.
+ Advanced Personal and Corporate Taxation (TX2); and
+ Advanced External Auditing (AU2); or
PRACTICAL TRAINING
+ Internal Auditing and Controls (MU1).
All CGA candidates must complete 24 months of practical training.
For further information, please refer to pp. 9 to 11of this guide.
Candidates may be exempted from writing either of the two technical
exams if they complete all of the prerequisite courses within the prescribed
timeframe. Please refer to p. 6 of this guide for further information.
PROFESSIONAL EXAMS
Candidates must successfully complete two professional exams.
+ Financial Accounting: Consolidation and Other Advanced Issues
(FA4)
This exam tests students’ financial accounting skills and covers a range
of specialized topics, including financial reporting in an international
context, mergers and acquisitions, foreign exchange accounting, etc.
CGA PROGRAM
Students enrolled in the PCPFP program must register for the FA4
exam, the PA1 exam or the PCPFP program by January 1, 2010 to
meet the program criteria.
Individuals who registered with the Ordre prior to January 1, 2000
should contact the Ordre’s Education Department for information on
their program track.
+ Issues in Professional Practice (PA1)
DEADLINE FOR COMPLETION OF THE
CGA PROGRAM
This exam tests students’ professional skills from the perspective of a
consultant or external accountant providing assurance, tax or other
client services.
CGA candidates have five years to complete the Ordre’s requirements,
calculated as of the earliest of the following three dates :
The PA1 exam must be taken last, upon completion of the
CGA program.
20
DEADLINE FOR COMPLETION OF THE
PCPFP PROGRAM
+ the date on which the candidate registers for his/her first CGA
exam (or is granted an exemption for a technical competency
exam). Please note that the five-year period is calculated as of
this date, even if the exam is cancelled or the candidate does
not take the exam;
+ the date on which the candidate registers for practical training;
+ the date on which the candidate registers for the PCPFP.
CGA Program for Master’s
degree holders
for candidates registered with the Ordre between
January 1, 2000 and August 31, 2007
Program track
Required seminars
Required professional
exams
Financial
Accounting (90 hrs)
FA4
Auditing (60 hrs)
AU2
or MU1
CERTIFICATION REQUIREMENTS
+ Exams
Please refer to pp. 5 to 8 of this guide.
Finance (45 hrs)
or Taxation (90 hrs)
FN2
or TX2
Professional Practice
(90 hrs)
PA1
SEMINAR DESCRIPTIONS
+ Financial Accounting (90 hours)
This seminar is offered in two consecutive sessions. Students initially
explore fundamental financial accounting concepts. More advanced
topics include consolidation, financial instruments, tax allocation, foreign
currency translation and accounting for non-profit organizations.
This is the first seminar that students are required to enrol in.
+ Issues in Professional Practice (90 hours)
This seminar favours a case-study approach and covers finance,
financial accounting, auditing and taxation. The use of case studies
allows students to apply the knowledge and techniques they have
acquired to various practical situations. Students can also hone their
knowledge of the competency-based approach and of the study
techniques for the PA1 exam.
For descriptions of the auditing, finance and taxation seminars, please
refer to p. 17 of this guide.
+ Practical training
The 24-month practical training requirements and criteria are
described on pp. 9 to 11of this guide.
+ Terms and conditions
- Seminar registration fees:
•$1,770 for the 90-hour financial accounting, taxation
and professional practice seminars
• $1,000 for the 45-hour finance seminar
• $1,450 for the 60-hour auditing seminar
- Candidates must register on-line via the CGA website.
The fees for the CGA-Canada course notes and final exam (first attempt)
are included in the above prices. However, additional course materials
may be required.
Candidates who cannot complete the seminars in accordance with the
proposed criteria can meet the training requirements by taking programs
currently offered at various universities.
Candidates who cancel their registration in a seminar will be charged a
$150 fee and will be required to pay the prorated amount of the classes
taken, calculated from the beginning of the session until the date the
notice of cancellation is received by the Ordre. Fees for CGA-Canada
course notes and final exams are non-refundable.
*Fees are subject to change without notice and do not include GST or QST.
SEMINAR INFORMATION
All seminars are usually given in Montreal every two weeks on
Saturdays or Sundays. The language of instruction is French;
seminars may be conducted in English if student demand is sufficient.
CGA PROGRAM
Seminars are subject to change without notice by the Ordre.
21
REGISTER ON-LINE!
(www.cga-quebec.org - under Become a CGA,
Education Program, Program for Master’s Graduates)
Fall session
Seminar registration deadline
August 18, 2008
December 2008 exam registration deadline
September 19, 2008
Winter session
Seminar registration deadline
December 19, 2008
June 2009 exam registration deadline
April 3, 2009
CGA PROGRAM
Please refer to the CGA website for complete schedule information.
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CGA PROGRAM
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CGA PROGRAM
Ordre des CGA du Québec
500 Place d’Armes, suite 1800
Montreal, Quebec H2Y 2W2
(514) 861-1823
(800) 463-0163
www.cga-quebec.org