Outstanding UFE year for Ontario

21 students earn honours in Canada-wide CA exam

Toronto (November 28, 2005) - Twenty-one Ontario CA students placed on the Canada-wide Uniform Evaluation's (UFE) prestigious National Honour Roll, making 2005 a stellar year for this province. In total, 770 Ontario CA students have successfully passed the UFE, one of the world's most challenging professional entry examinations.

The UFE, written in September, is a national three-day evaluation that assesses competencies including essential knowledge, professional judgment, ethics and the ability to communicate. The UFE is an important component of the CA qualification program, which includes prescribed education, practical experience and examination requirements. Only those who complete this entire program successfully are entitled to use the internationally recognized designation of Chartered Accountant.

Lucy Durocher of Toronto captured the Gold Medal for Ontario as the top UFE writer in the province. Lucy articles with PricewaterhouseCoopers LLP and has a Masters of Management and Professional Accounting degree from the University of Toronto. Lucy recently emigrated from England to join her husband. "I had been studying in the UK, but I had to start over again to a great extent, but it was worth it."

Ms. Durocher said about her achievement: "The CA exams are intense so I was amazed to find out I had placed first in Ontario. It is definitely one of the proudest moments of my life."

The following Ontario UFE writers have also achieved recognition on the 2005 National Honour Roll:

Gabriel Bar-on, Toronto - RSM Richter LLP
Jennifer Boudens, Pembroke - Deloitte & Touche LLP, Ottawa
Jennifer Carson, Renfrew - Welch & Company LLP, Ottawa
Tiki Cheung, Markham - Ernst & Young LLP, Thornhill
Steve Collia, Burlington - PricewaterhouseCoopers LLP, Mississauga
Trina Connell, Bobcaygeon - BDO Dunwoody LLP, Lindsay
Carl Flintoff, Ottawa - Deloitte & Touche LLP
Melanie Froese, Hamilton - McGillivray Partners LLP
Sarah Greenfield, Waterloo - Deloitte & Touche LLP, Kitchener
Waqas Hameed, Toronto - KPMG LLP
Tonya Leonard, Barrie - Powell Jones LLP
Andrew Morgan, Toronto - Ernst & Young LLP
Brandy Purdy, Newmarket
Devi Rajani, Toronto - PricewaterhouseCoopers LLP, North York
Ryan Ralph, Exeter - KPMG LLP, London
Sophia Tomory, Stouffville - Morley Sanderson & Millard, Aurora
Abhimanyu Verma, Toronto - KPMG LLP
Marissa Verskin, North York - Deloitte & Touche LLP
Amanda Wallace, North Bay - Grant Thornton LLP
Robert Wayne, Kitchener - BDO Dunwoody

"Congratulations to all of the successful Ontario candidates and, in particular, our Ontario Gold Medallist Lucy Durocher," said Brian Hunt, FCA, President and CEO, Institute of Chartered Accountants of Ontario. "Qualifying to become a CA is a very challenging process and the resulting career is rich in rewards and opportunities. I am confident that all of the students will make great contributions in their future careers and will uphold the high standards of the CA profession."

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Interviews with Honour Roll students and/or photographs are available on request.

About the Institute of Chartered Accountants of Ontario:
The Institute of Chartered Accountants of Ontario is the qualifying and regulatory body of Ontario's 31,000 CAs and 3,500 CA students. Since 1879, the Institute has protected the public interest through the CA profession's high standards of qualification and the enforcement of its rules of professional conduct.

For more information, please contact:
Perry Jensen
The Institute of Chartered Accountants of Ontario
416-969-4271
Toll free: 1-800-387-0735 ext. 271
pjensen@icao.on.ca