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Related Items
Experience and Chargeable-Hours Requirement
Prescribed Practical Experience Requirement for CA Students
Overview of competency-based different ways to get practical experience.
CA Practical Experience Requirements (PER) lays out the CA profession’s practical experience requirements. These requirements replace those published in the 2007 edition of this document, and apply to all CA Training Offices and to all CA Students in Canada and Bermuda effective September 1, 2009.
For existing CA Students, an elearning module is available, which provides an overview of the CA Practical Experience Requirements.
Additional information is available at the CA Training Office website.
Chargeable- Hours Requirement
Students in the external audit (public accounting licensable) stream are required to complete the following minimum number of chargeable hours before being admitted to membership:
Engagement Activity Prescribed Chargeable Hours: | Minimum Number of CA-Supervised Chargeable Hours |
| Financial statement audit procedures in accordance with the CICA Handbook | 625 |
| Other assurance procedures which must include a minimum of 100 hours of review procedures in review and other assurance engagements*, in accordance with the CICA Handbook, and may include one or more of such areas as environmental audit, forensic audit and non-financial performance measurement, as well as additional hours in financial statement audit procedures | 625 |
| Total Assurance Procedures | 1250 |
| Taxation and tax service assignments | 100 |
| Total Prescribed Chargeable Hours | 1350 |
| Elective Chargeable Hours: | |
| For greater depth in any of the areas noted above and such other related activities as organizational effectiveness, control and risk management, information technology, finance, consulting, insolvency and valuations | 1150 |
| Total CA-supervised Chargeable Hours | 2500 |
*The minimum 100 hours of review is applicable for all students registering with the Institute from September 1, 2001.
Note: Hours spent on taxation within an audit or a review engagement may be included as both a taxation and an audit or review engagement hour in the calculation of those specific hour requirements but such hours count only once in meeting the overall chargeable hour requirement.