Immigration 101: How to Succeed in Canada? By: Vandematram A.Who should immigrate to Canada?. article.php?id=539 |
Quote:
Originally posted by voltrex
Just to add, the Institute of Chartered Accountants of Ontario (ICAO) introduced in February 26, 2010 the "exception from employment requirement rule", students can now take the CA exams even if they can't find employment at a CA firm.
You still need to fulfill the work experience requirement.
http://www.icao.on.ca/Admissions/RegistrationOverview/EmploymentExemption/1008page11205.aspx
Couple of other things;
- Not all CAs have same job prospects, CA with big 4 experience > CA from a large firm (BDO, GT, RSM) > CA from a mid-size firm.
- Don't expect to become a CFO solely because you are a CA who worked at a CA firm for 2-3 years and then switched to industry.
Quote:
Originally posted by Nightmare
Quote:
Originally posted by voltrex
Quote:
Originally posted by Nightmare
For example, I tried unsuccessfully to get in to CA program. The requirement is that one should first get in to a CA firm recognized to impart training (Many small and medium CA firms are not recognized). Now age is a big factor for these firms. They prefer Canadian graduates fresh from University. Hence unless you know someone in big CA firm or you have worked in their branches in India it is difficult to get in the program. Of course, there are other options- CGA or CMA. Again, with CGA or CAN one can reach middle management position but CFO position is ruled out.
This is how the CA program works in Australia, Canada, England and Wales, and even Pakistan.
If you have 2.5 years of big 4 audit experience from India, then it will take you about 6 months to a year to be designated.
Accounting firms prefer to hire recent grads, that's how it is in many countries.
Getting into a big 4 or mid-sized accounting firm in Canada is no different than in the US:
a) either directly from school
b) or as an experienced hire
It has nothing to do with Canada.
The Liberal B****s had given full page advertisement in Indian CA magazine stating that Canada welcomes Indian CAs. Now the point I am making is that there are very few firms which are authorized to impart training. Big 4, which are the most scandalous firms (Those who do not believe me should look up USA SEC site. EVERY year these guys pay huge penalty for violations and escape punishment) and have the LARGEST pool of CA student do not employ middle aged immigrant CA unless some one has connection. The mid size firms also have very limited capacity and exploit. Not only that mid size firms provides tax hours but can not provide audit hours and endorsement of audit hours is at the mercy of the partners. I know at least 8 Indian CA who never could register for CA program because of this reason. Voltrex is purposely muddying the issue by talking about England and Australia and Pakistan. I do not know about Pakistan but whatever I know about England and Australia is different from what he has said. Voltrex says that CAs are employed as experienced hire. It is absolutely false and misleading. When they talk about experienced hire, they look for experience from Big 4 only and that too in a rare case otherwise they insist for “Canadian experience” with which ALL CDs are familiar. As far as USA is concerned, all that they require is 2 years work experience under CPA, be it in industry or audit firm (though I am not too sure about this). Knowing these facts, why would a country let CA from some other country migrate? Does it not reflect very sick mentality? Voltrex should ask any immigrant CA doing clerical or labor job as to how does he feel. Knowing pretty well that thousands of professionals from immigrants are forced to abandon their career and seek labor job / clerical job and still persisting with allowing highly qualified professional to migrate to Canada is reflection of weak character.
Quote:
Originally posted by Nightmare
Voltrex’s post is absolutely misleading. The system of allowing CA from the other countries to write CA exam without first getting a job in CA firm is in existence since at least 1993.
Quote:
My point here is that even if a candidate succeeds in passing the exam, subsequently he has to gain the experience before he gets licensed and hence would face the same hurdles which I have elaborated elsewhere in this thread.
Quote:
The jokers provide reciprocity to CPAs but they do not provide ANY recognition to CPA who happens to have written the exam from Canada.
Quote:
I have not witnessed more shameful and discriminatory conduct in any civilized society. The reason is simple.
Quote:
These jokers know that only immigrants write CPA exam.
Quote:
Originally posted by febpreet
This is the reason why I have now asked my wife who has been struggling for the last 3 years trying to find a job in her field, to forget everything and try for a Public sector Clerical/Admin. job. Go in a full swing, as I know being a clerical or admin. Asstt. pays more than being a private sector IT professional (with loads of stress everyday).
This is her motto now, and I am very happy about it.
Quote:
Originally posted by Nightmare
I did write the exam in 2002 and after 3 attempts could not pass final exam and hence abandoned it. That is a different story.
-----------------------------------------------------------------
~ Morning rain
Advertise Contact Us Privacy Policy and Terms of Usage FAQ Canadian Desi © 2001 Marg eSolutions Site designed, developed and maintained by Marg eSolutions Inc. |