01-22-2009, 08:32 AM
Dear mroneflower
It is not definition, but simply my understanding of globally recognized qualification. Moreover, as far as I know, AICPA has reciprocity (a kind of MRA) with following associations;
Canadian Institute of Chartered Accountants (CICA)
Instituto Mexicano De Contadores Publicos (IMCP)
Institute of Chartered Accountants in Ireland (ICAI)
Institute of Chartered Accountants in Australia (ICAA)
CPA Australia
Please see at the bottom of following link;
http//www.cpa-exam.org/cpa/iqex/int_appl.html
Also, http//www.nasba.org/nasbaweb/NASBAWeb.nsf/wpeip?openform
Similarly, I am writing again that, in USA and Canada both, any one can carry out audit work with any related education in any public accounting firm, big or small no matter. But cannot sign off audit report. At the same time, due to competition, it becomes hard to get job/promotion, if someone does not have local designation. I am not saying that ACCAs or CAs (of ICAP) and of other un-recognized bodies can not call themselves "accountants" in Canada. Yes, they can call themselves accountants and provide services to public as "accountant", but cannot call themselves "CA", simply because it is the brand of CICA. Similarly, a CGA cannot call themselves "CA" and CA of CICA cannot call themselves CGA. These are different brands here.
Further, employers in both USA/ Canada give more value to work experience of the employee rather than designation.
Regards
It is not definition, but simply my understanding of globally recognized qualification. Moreover, as far as I know, AICPA has reciprocity (a kind of MRA) with following associations;
Canadian Institute of Chartered Accountants (CICA)
Instituto Mexicano De Contadores Publicos (IMCP)
Institute of Chartered Accountants in Ireland (ICAI)
Institute of Chartered Accountants in Australia (ICAA)
CPA Australia
Please see at the bottom of following link;
http//www.cpa-exam.org/cpa/iqex/int_appl.html
Also, http//www.nasba.org/nasbaweb/NASBAWeb.nsf/wpeip?openform
Similarly, I am writing again that, in USA and Canada both, any one can carry out audit work with any related education in any public accounting firm, big or small no matter. But cannot sign off audit report. At the same time, due to competition, it becomes hard to get job/promotion, if someone does not have local designation. I am not saying that ACCAs or CAs (of ICAP) and of other un-recognized bodies can not call themselves "accountants" in Canada. Yes, they can call themselves accountants and provide services to public as "accountant", but cannot call themselves "CA", simply because it is the brand of CICA. Similarly, a CGA cannot call themselves "CA" and CA of CICA cannot call themselves CGA. These are different brands here.
Further, employers in both USA/ Canada give more value to work experience of the employee rather than designation.
Regards