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CA/Brock Institute for International Issues in Accounting launched June 23
Brock University partners with Institute of Chartered Accountants of Ontario
St. Catharines, Ontario (June 23, 2006) - Brock University has partnered with the Institute of Chartered Accountants of Ontario in the innovative CA/Brock Institute for International Issues in Accounting (IIIA). This achievement was announced at a presentation during the George Rasula Memorial Golf Tournament at the Sawmill Golf Course in Fenwick on June 23.
The Institute for International Issues in Accounting fosters continuous improvement in education, financial reporting, assurance and worldwide accounting standards through grants and collaborative activities. The IIIA's mission is to improve the practice of accounting through teaching, learning and research by stimulating, encouraging and supporting the creation and dissemination of knowledge in the accounting field as it relates to international issues.
"This most recent partnership with Brock follows the Institute of Chartered Accountants of Ontario's accreditation of their Bachelor of Accounting Program in 2005," said Brian Leader, Vice-President of Learning at the Institute Chartered Accountants of Ontario. "Clearly the partnership between Brock and the CA profession is growing and now taking on an international importance beyond its traditional role in providing Ontario's business community with top rank Chartered Accountants."
The establishment of the CA/Brock Institute for International Issues in Accounting was planned as part of the dividends of ICAO accreditation that go beyond the obvious benefits of meeting the Institute's high standards. A key component of the accreditation process is the provision of financial and other support through the creation of a joint CA/University Institute, in this case focusing on international accounting. Annual funding to the Joint Institute is provided on the basis of $1,000 per first-time Uniform Evaluation (UFE) writer who graduates from the program, up to a ceiling of $100,000.
"The IIIA is an important addition to the Faculty of Business at Brock University," said Martin Kusy, Dean of the Faculty of Business. "The funding made available from the ICAO will allow us to undertake significant research in areas of accounting that are of interest and importance to international trade." Over the next few months, the ICAO/Brock Institute will put in place an advisory board, and solicit a first round of research proposals.
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. The Institute website is: www.icao.on.ca
About Brock University:
Brock University, founded in March 1964, offers excellent undergraduate, graduate, and interdisciplinary programs that include co-op and other experiential learning opportunities to a student population of more than 17,000. The University is located in St. Catharines atop the Niagara Escarpment. The University serves the Niagara area as a cultural, academic and recreational centre.
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For more information please contact:
Susan Leblanc
Advancement Officer
Faculty of Business
Brock University
905-688-5550 ext. 4688
sleblanc@brocku.ca
Perry Jensen
Director of Media Relations
[T] 416-969-4271
[F] 416-962-8900