Academic Qualification Requirements
Chartered accountancy is a dynamic profession. Its education requirements are geared to meet the increasing demand for the many services that CAs provide now and in the future.
Entry Routes to Becoming a CA
The main entry route to becoming a CA is a bachelor degree. Details on the several possible entry routes to CA qualification are provided the Institute’s Regulation 6-1; Student Registration.
The core academic qualification requirement consists of a 4-year, 120-academic-credit-hour university degree in any discipline from any recognized degree-granting institutions, nationally and internationally; relevant experience gained during co-op work terms may qualify as prescribed practical experience, but not as academic requirement.
Students are required to successfully complete Institute-prescribed degree-credit courses that cover all of the topics in The UFE Candidates' Competency Map (Competency Map) of the profession's Uniform Evaluation (UFE).
This requirement may be fulfilled as part of the required degree or as post-degree diplomas.
Institute-accredited university programs and streams offer Institute-prescribed courses that have been approved as meeting the 51-credit-hour requirement as a whole.
Most of Ontario degree-granting institutions offer all or most of the Institute prescribed courses in their business degree programs and so do many out-of-province degree-granting institutions. International degree-granting institutions also offer courses that may be recognized toward the 51-credit-hour requirement.
The specific areas of coverage are:
|COMPETENCY AREA||CREDIT-HOURS REQUIRED|
|Financial Accounting (Introductory, Intermediate, and Advanced)||15|
|Cost and Management Accounting||6|
|Advanced Accounting Elective (Financial, Managerial or Capstone)||3|
|Auditing (Introductory, Advanced and EDP)||9|
|Canadian Taxation (Personal and Corporate)||6|
|Management/Business Information Systems||3|
|Economics (Micro and Macro)||3|
|Canadian Business Law||3|
| || |
Regulation 6-1; Student Registration s. 2.4 requires that a student have access to a computer that meets the minimum configuration as follows:
- Capability of running Folioviews 4.5 software to allow access to the CICA Handbook and other infobases;
- Access to the Internet;
- Acrobat Reader 4.0 (minimum); and
- A valid e-mail address.