2018-2019 THE ACCOUNTING STUDENT HANDBOOK - JMAS PRESENTS - John Molson Accounting Society
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JMAS PRESENTS THE ACCOUNTING STUDENT HANDBOOK 2018-2019
CONTENTS
3 JMAS IN A NUTSHELL
4 OPENING REMARKS
6 ACCOUNTING AT A GLANCE
ABOUT THE
HANDBOOK 7 UNDERGRADUATE ACCOUNTING PROGRAM
Thank you for picking up
a copy of our Accounting 11 HOW TO BUILD YOUR SCHEDULE
Student Handbook!
22 CAMPUS SERVICES
In this brochure, you will
get to learn the different 24 LEARNING SUPPORT
career opportunities and
resources that are 26 CAREER PLANNING & DEVELOPMENT CENTRES
available at JMSB for
Accounting Students. 29 IT SERVICES + HEALTH & WELLNESS
31 CPA PROGRAM
32 CPA AUDITOR DESIGNATION
41 SO YOU WANT TO BE A CPA?
44 CPA CAREER OPPORTUNITIES
2
J MAS I N A N UTSHELL
The John Molson Accounting Society
The John Molson Accounting Society (JMAS) is a student run
association operating as a subsidiary of the Commerce and Administration
Students’ Association (CASA) of the John Molson School of Business (JMSB).
As one of the oldest associations in JMSB, we have the honor to represent
the major specific student base that is the accounting student body. As a
team, our mission is to enhance the overall university experience of account-
ing students by providing opportunities to bridge the gap between L’Ordre
des Comptables Professionnels Agreés du Québec (OCPAQ), accounting
professionals, faculty members and their colleagues.
What We Do
Our main priority is to bring as many opportunities as possible to the student
body. We accomplish this by organizing quality events, such as:
● Recruitment - Our annual CPA recruitment cocktail is the highlight of the
year, with over 600 students and company representatives’ networking to-
gether.
● Tutorials - We provide free tutorials for 5 accounting classes (ACCO 310,
320, 330, 340 & 440) to help students excel in the classroom.
● Accounting Conference - A recent addition to our list of events is our ac-
counting conference where students can listen to accomplished CPAs speak
about their career paths and connect with professionals in the field.
● Tax Clinic - One of our largest events where concordia students can get
their taxes done by JMAS volunteers for free!
● Networking Cocktails - Several networking events throughout the year
provide students the opportunity to mingle and build new connections with
professionals in the field.
We also represent the accountancy student body on the Board of Directors
of the Commerce and Administration Students’ Association. Ultimately, we are
here to provide students with the proper tools and knowledge to succeed as
students, persons and future leaders.
3
O P ENI NG R E M A R K S
FROM THE TEAM
HERE ARE A FEW WORDS FROM THE MEMBERS WHO PUT THIS
HANDBOOK TOGETHER.
VP ACADEMICS DIRECTOR OF MARKETING
WRITER EDITOR
The John Molson Accounting Society is pleased to welcome you to the 2018-2019 academic
year! The beginning of every semester is often painted with excitement and filled with promise
for the future. We look forward to helping you achieve your goals and bringing you the proper
tools and knowledge to succeed as students, persons and future leaders.
Our society’s rise to prominence over its existence has been a result of many factors: the con-
tributions of dedicated and talented members, the support of one of Canada’s finest universi-
ties, and most importantly the energy and enthusiasm of you, the students! We provide you this
Handbook to help guide you through your accounting journey.
Together, we can achieve great things!
4
JMAS EXECUTIVE TEAM 2018-2019
Top from Left : Bradley Beale, Marco Rossi, Giacomo Messina, Jonathan Mirarchi, Ali Virk,
Eric Laventure, David Bayat and Steven Pawl
Bottom from Left: Brianna Meagher, Nicole Nadeau, Danica Sanchez, Nadia Saritsky
Ramirez,
Melissa Shatawy and Samantha Gabrial
Who We Are
The 2018-2019 team is composed of 14 undergraduate JMSB students from
all walks of life, with various personal interests and at different stages of their
undergraduate degree. Some of our members are closing in on graduation,
some are just beginning their accounting courses, some are interested in
pursuing careers in public accounting, others are interested in tax or finance.
We believe that this diversity is our strength, because we can relate to all
types of students and can help in all manners of students’ issues. While each
of us is at a different stage in our undergraduate studies and with varying
areas of interest, we all have one thing in common: working together to pro-
vide the most enriching university experience to all students.
5
ACCOUNT I N G AT A G L ANCE
Why Choose Accounting?
Accounting is for introverts who are only good at math … Myth!
Technology is eating up the accounting profession … Myth!
The accounting field is dominated only by monotonous males … Myth!
There are many myths concerning the accounting profession.
The truth is that accounting is one of the key functions to any business!
The major purpose of accounting is to provide relevant and representa-
tionally faithful information to stakeholders of an entity – both public and
private. The information provided by accountants is crucial to the success
of our society’s economy; from tax returns to the financial reports that
investors depend on, the accounting profession is a public service.
Additionally, accountants develop the strategic problem-solving skills
that are valued in any organisation. These skills coupled with the technical
knowledge can open many doors in an organisation; from management
to finance (investing). Ask any CPA about the importance of accounting,
they will tell you it is the backbone of every business.
Brief Accounting History
An important milestone was reached by the Office des
Professions in 2011. The three previous accounting
designation (CA, CMA, CGA) were unified into one
designation; the Chartered Professional Accountant (CPA).
Taking the best of all three past designations, the CPA
program helps to create a more well-rounded professional.
6
UNDERGRADUATE ACCOUNTING PROGRAM &
REQUIREMENTS FOR CPA PROGRAM
he first step in anyone s pursuit to obtain a C A designation at MSB is completing a
Bachelor s degree with a minimum G A of 3. 4.3. Any student whose primary language is
not English must write a proficiency e amination ( OE iB ) if not e empted.
rovided below is a list of prere uisite courses that re uire an average grade (overall) of
B for admission. Courses completed more than 5 years ago may have to be retaken. It is
01 02
List of Prerequisites Requiring a Minimum
List of Additional Prere uisites for Letter rade of B for students it a
on Business Students for students BCOMM
it out BCOMM *+
COMM 215 - Business Statistics ACCO 310 - Financial Reporting I
COMM 217 - Financial Accounting ACCO 320 - Financial Reporting II
COMM 305 - Managerial Accounting ACCO 330 - Cost and Management Accounting
COMM 226 - Business Technology Manage- ACCO 340 - Income Taxation in Canada
ment ACCO 360 - Principles of Auditing**
COMM 308 - Introduction to Finance ACCO 420 - Financial Reporting III***
COMM 315 - Business Law and Ethics ACCO 435 - Integrative Management Accounting Cases
COMM 401 - Strategy and Competition ACCO 440 - Advanced Taxation
ECO 2 - Intro to Microeconomics ACCO 465 - Advanced Assurance Services
ECO 2 - Intro to Macroeconomics
* These are the requirements for JMSB’s CPA program, see the The CPA Pro-
03
gram section for the requirement of other CPA programs.
** Students who have completed ACCO 450 (with minimum B- grade) are not
required to complete ACCO 360
*** Students who have completed ACCO 420 (with minimum B- grade) before
FALL 2017 will be obliged to complete ACCO 425 (with the minimum B- grade)
*+ These courses no longer require the minimum B- grade. 7
8
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P L A N N I N G FO R S U CC ES S
D UR IN G YO U R U N DE RG RAD
HOW TO BUILD A BALANCED SCHEDULE
While personal study The following lists separates the math-
habits contribute to based courses from the theory courses.
success in school,
planning is a key
factor. Creating an
effective schedule and
ensuring that you have a
manageable workload can
really reduce the stress
during a 13-week
semester. Not all class-
es are the same! Your
BComm in Accountancy
will consist of
computational classes
(math-based) and
theory classes
(memorization). Creating a
balanced schedule is the
key to success.
10How to build
your schedule?
As a general rule of thumb, math-based courses should be paired
with theory-oriented classes. This lends to the 2/2/1 rule: 2 theory
courses, 2 practical courses and 1 elective (permitting you would
like to complete five courses per semester).
2 THEORY COURSES
2/2/1 RULE : 2 PRATICAL COURSES
1 ELECTIVE
*Considering a 5 course semester
Keep in mind, though, that “easy” classes do not exist at the uni-
versity level. Every class will pose a challenge to students while
melding theory and practice.
Overall, planning a proper schedule is imperative to your success
and peace of mind during every academic semester. Consider
the following flow charts, outlining the relationship between the
courses required for CPA.
11Grow
your own way
Find out what you’re capable of. Right from the start, we’ll make sure you have the
skills, knowledge and an impressive network to build an inspiring and rewarding
career—wherever your life takes you.
Full-time,
summer and co-op
opportunities
Actuarial
Assurance
Deals
Management consulting
Risk assurance
Risk assurance technology
Tax
Technology consulting
Come meet us and
learn more at our event
Fall Recruitment!
Visit our website for our events!
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WHERE
YOU ARE
THE STAR
DARE. SHINE. INFLUENCE.
You have the power to build the career of your dreams and lend your magic
touch to our unique culture.
Kick-start your career here: Demers Beaulne is looking for 10 CPA candidates.
recrutementcpadb@demersbeaulne.com
assurance x consulting services
tax x accounting and outsourcing
demersbeaulne.com
13COMM CLAS S ES
CO URS E F LOWC H ART
14ACCO CLASS ES
CO UR S E F LOWC H ART
15SAMPLE SCHEDULE
The following are sample schedules which will be helpful to give
you an idea of how to schedule your courses. The schedules are ex-
amples, there is no cookie-cutter approach to making your sched-
ule and you will adjust your schedule based on life factors. Courses
can be changed to allow for possible work terms, vacations, etc
according to your specific needs.
For furt er information concerning course
planning e sure to contact
Ali Virk
Vice President of Academic A airs
at ali.virk@jmas.ca.
LEGEND
COMM COURSES: 14
ACCO COURSES: 10
Business Electives: 2
Elective: 4
16SUMMER FALL WINTER
Admitted COMM 205 COMM 220
COMM 210 COMM 222
COMM 217 COMM 305
COMM 215 ACCO 310
COMM 223 ELECTIVE
SUMMER FALL WINTER
Internship COMM 225 COMM 315
COMM 308 ACCO 330
ACCO 360 ACCO 340
ACCO 320 ACCO 465
ELECTIVE ELECTIVE
SUMMER FALL WINTER
SAMPLE 1
COMM 225 COMM 320
ACCO 440 COMM 401
ACCO 400 ACCO 435
ELECTIVE ACCO 420
ELECTIVE ELECTIVE
17SUMMER FALL WINTER
SAMPLE 2
Admitted COMM 205 COMM 220
COMM 210 COMM 222
COMM 217 COMM 223
COMM 215 COMM 305
ELECTIVE ELECTIVE
SUMMER FALL WINTER
COMM 225 ACCO 310 ACCO 320
ELECTIVE ACCO 330 ACCO 465
ACCO 360 COMM 226
ELECTIVE COMM 308
SUMMER FALL WINTER
COMM 315 ACCO 340 ACCO 440
ELECTIVE ACCO 420 ACCO 435
ACCO 400 COMM 401
COMM 320 ELECTIVE
18SAMPLE 3
SUMMER FALL WINTER
Admitted COMM 205 COMM 220
COMM 210 COMM 222
COMM 217 COMM 223
COMM 215 COMM 305
SUMMER FALL WINTER
ELECTIVE COMM 225
COMM 308 COMM 315
ACCO 310 ACCO 320
ACCO 330 ACCO 360
SUMMER FALL WINTER
ELECTIVE ELECTIVE
COMM 320 COMM 401
ACCO 420 ACCO 435
ACCO 400 ACCO 465
SUMMER FALL WINTER
ELECTIVE ELECTIVE
COMM 226 ELECTIVE
ACCO 340 ACCO 440
19Goldsmith Hersh is a Chartered Professional Accounting firm that
provides accounting, assurance, tax and other advisory services.
Goldsmith Hersh provides private enterprises, not-for-profit
organizations and other businesses, industry-specific services with a
relationship-driven approach to client service. Our experts provide
current knowledge of industry trends and offer quality service meeting
client needs.
Our vision has been upheld for more than 35 years in identifying our
clients’ needs and providing personalized services for their success. We
operate as a transparent organization guided by strong ethical values and
set the highest expectations for all members of our team.
We are committed to creating long-lasting relationships and achieving
growth through strong client relations. Our team offers first-class
professional support and a collaboration of expertise that deliver real
results for our clients.
@goldsmithhersh
20 190-8200 Boul. Décarie, Montréal, Québec, H4P 2P5 Tel : 514-933-8611WITHOUT YOU,
OUR PUZZLE WOULD NOT BE COMPLETE
Place du Parc 300, Léo-Pariseau, # 1900, Montréal (Québec)H2X 4B5
T 514 842-3911 I F 514 849-3447 I careers@rsw.ca I rsw. ca
21CA M P U S S E RV I C ES
AVAILABLE TO YOU
Concordia and JMSB have numerous student services centres on campus to help
students achieve success. Whether you need help understanding a topic in one of
your classes, building a resume or just need to print a document, you’ll need to know
about these places.
JMSB
BIRKS STUDENT CPA GRADUATE
EXAMS OFFICE UNDERGRADUATE
SERVICE CENTRE DEPARTMENT
STUDENT
AFFAIRS OFFICES
If you have a school-related We all want our exam periods to The CPA department is the best
problem that needs to be solved, go smoothly but it’s not always place to get any information
Birks will help you find answers the case. If you have exam time The Undergraduate office on the CPA program offered at
and connect you to the people conflicts, exams that land on handles student advising, JMSB. If you have any questions
on campus who can help. Birks religious holidays, or are unable admissions information, transfer on the graduate program don’t
can help you need to get an to write your final for medical of majors and all other types of hesitate to visit their advisor
ID card, pay your tuition fees reasons, contact the Exams student inquiries. during drop-in hours
and request official transcripts Office to submit the appropriate (usually from 2-4pm but hours
among other services. request forms. may vary).
Location: Location: Location: Location:
LB - 185, 1550 De Maisonneuve Blvd. MB 4.201 MB 14.155
1500 de Maisonneuve W. West, GM Building,
Room GM-210.00 Phone: Phone:
Phone: 514-848-2424, ext. 2721 514-848- 2424, ext. 7344
514-848-2424, ext. 2668 Phone:
514-848-2424, ext. 2676, Email:
2609 or 2608 gradacco.jmsb@concordia.ca
2223
JMAS TUTORIALS
As part of an initiative to increase the academic enthusiasm of ac-
counting students, the John Molson Accounting Society offers FREE
tutorials for the following courses:
- ACCO 310 Financial Reporting I
- ACCO 320 Financial Reporting II
- ACCO 330 Cost and Management Accounting
- ACCO 340 Income Taxation in Canada
- ACCO 420 Financial Reporting III
- ACCO 440 Advanced Taxation
LEARNING SUPPORT
JMSB TUTORIALS
JMSB offers free tutorials for all the math-based COMM classes. These
tutorials have a similar format as the JMAS tutorials and are free! Make
sure to check your Moodle portal for course materials, tutorial docu-
ments and tutorial schedules.
CONCORDIA TUTORIALS
Concordia’s downtown camxpus also offers free individual tutorials for
math courses and COMM 2 , 2 & .
Located in SGW -4 .
For more information, visit:
https://www.concordia.ca/students/success/learning-support/math-
engineering-help.html
STUDENT SUCCESS CENTRE
Located on SGW campus in room -44 , the Student Success Cen-
tre is a one-stop shop to get the help you need for almost everything
school-related. ou can find guidance on ge ng a career, improving
writing skills, mentorship programs, campus tours and much much
more.
Phone: ( 4) 4 -2424, ext. 2
Room: -44
24Join our team to develop your
full potential and consolidate your success.
With our firm, you’ll take on stimulating challenges and
participate in large-scale assignments. You’ll get to share
your opinions and ideas with open-minded colleagues.
You’ll be part of a network that covers more than
130 countries, opening yourself up to a world of possibility.
Joining our team means taking the road to your highest
ambitions.
Follow us on Facebook:
Lounge RCGT
Audit • Tax • Advisory
rcgt.com 25CAREER PLANNING AND DEVELOPMENT CENTRES
CAREER MANAGEMENT SERVICE (CMS) &
INSTITUTE FOR CO-OPERATIVE EDUCATION
CAREER MANAGEMENT INSTITUTE FOR CO-
SERVICE (CMS) OPERATIVE EDUCATION
An amazing resource for all students. CMS helps An excellent program that allows you to get paid
you land a job in every which way from filling out on the job experience! If you want to be part of
a CACEE form, writing your CV and cover letter to the program, you can transfer in as a university
how to interview! CMS also has a job board that student if you have 60 or more credits remaining
can help you land that summer internship. to complete your bachelor and you have over a
3.00 GPA.
Register for interesting event/workshops on
connexions.concordia.ca you won’t regret it! For more information contact:
Phone: 514-848-2424, ext. 4245 JMSB Co-op programs
E-mail: careers@jmsb.concordia.ca Phone: 514-848-2424 ext. 4117
E-mail: coop.jmsb@concordia.ca
2627
28
IT SERVICES +
H E A LTH & WELLNESS
OFFICE 365 FOR FREE: CASA
COMPUTER LABS:
As a concordia student, you are entitled to
use OFFICE 365 for free! You can do so by Located in Molson building, room
signing into myconcordia.ca, clicking on Ac- S1.465, this computer lab offer afford-
counts & Settings, then Office 365 student able printing services for JMSB students.
e-mail.
You might not use it everyday, but
when you need to print a project in a
Once your email account has been suc-
hurry, it’s the best!
cessfully activated, you can access the Of-
fice 365 login page using the following login
credentials:
Enter your_netname@live.concordia.ca on
the main login page ACCESS CENTRE
You will be redirected to the Concordia-
FOR STUDENTS
specific login screen WITH DISABILITIES
Enter your netname and password (same as (ACSD)
the MyConcordia portal) to log in.
Concordia supports students with a
Note: The email account can be activated variety of disability conditions through
from within the MyConcordia portal and the ACSD. Examples include vision, mobility,
creation process takes 2 business days to learning disorder. Please contact ACSD
complete. Your email address will follow the to find out more on how they can help.
standard format: Additionally, students can help the
firstname.lastname@mail.concordia.ca ACSD by preparing notes for students
with disabilities.
Phone: 514-848-2424 ext. 3525
Email: acsdinfo@concordia.ca.
29What legacy will
you create?
At EY, we are proud to work with the
innovators and game-changers of today to
create new legacies for the world tomorrow.
Through a career at EY, you will become
the builders of legacy – for our clients, our
communities and yourself.
Join EY and help build a better working world.
#LegacyBuilder
You are invited to our EY office tours
Firm Tour 1: 5 September 2PM-5PM EY Office
Firm Tour 2: 6 September 9AM-12PM 900 boul. de Maisonneuve Ouest
Office 2300, Montreal, QC
Firm Tour 3: 7 September 9AM-12PM
Firm Tour 4: 10 September 2PM-5PM
Firm Tour 5: 13 September 10AM-1PM
© 2018 Ernst & Young LLP. All Rights Reserved. ED 00. 2796202
Please sign up via as space is limited.
Refreshments will be served. Business casual attire preferred.
How to apply: ey.com/ca/apply before 5PM, 17 September 2018
Follow us: EY Campus Montreal eycampusmtl
30
1807-2796202 National Campus Recruiting poster final.indd 1 2018-07-31 11:55 AMCPA
PR O GRA M
31C PA AU D I TO R
DES I G N ATI O N
In addition to taking the assurance and tax elective classes, students must acquire
1250 hours in assurance, including at least 625 hours devoted to audit engagements.
However, it is also possible to attain the CPA auditor
designation later in your career should you decide to change your mind about your
career path.
In order to do so, you must complete the required practical experience, education
and examination requirements. When you submit your application, the CPA Order will
review your case and determine exactly which requirements you must complete in
order to satisfy the requirements for the CPA
auditor designation.
Common Core Modules Elective Modules
The beginning of the program is comprised of two Students have the opportunity to further develop skills
common core modules which all students in the CPA in an area of deeper interest by choosing two elective
program must take. These models integrate the modules. Candidates choose any two modules among
following core competencies: the following four options:
(A) Financial Reporting (A) Assurance
(B) Strategy and Governance (B) Performance Management
(C) Management Accounting (C) Tax
(D) Audit and Assurance (D) Finance
(E) Finance
Students wanting to pursue a career in public
accounting must choose assurance and tax.
Capstone Examination Preparation Capstone Integrative Module
Module
This module focuses on the development of compe-
This module focuses on preparing students for entry tencies such as leadership and professional skills and
into the profession by requiring them to complete integrates all previous competencies. In this module,
complex and highly integrative cases. It is a course students will create a business report and present it to
that serves as preparation for the final common CPA a board of directors for evaluation.
examination. It is for this reason it immediately
precedes the exam. Among other things, students will work in groups to re-
search specific topic areas and complete assignments,
draft and orally present a business case, as well as use
their core and elective competencies while developing
32 enabling skills.33
There is just no life like the CB Life.
You’ll see.
ABOUT US
- Founded in 1936
- Leading mid-market professionals
- Member of Collins Barrow Canada
OUR VALUES - Independant member of Baker
- A learning organization Tilly International
- Professionalism
- Excellence
- Team Work
- Integrity ABOUT US
VALUES
EXPERTISE
OUR EXPERTISE
- Audit and Assurance
- Taxation
- Wealth Management
- Business Advisory
Send your resumes at
tjallet@collinsbarrow.com
T: (514) 866-8553
34
www.collinsbarrow.comWHERE & HOW TO GET
YOUR CPA TITLE?
Find out how and where you can obtain your CPA title below.
01 02 03
Concordia JMSB Online CPA McGill
CPA Program CPA Program
The requirements are to have The CPA education program McGill’s full-time CPA program is
completed a bachelor’s de- delivered by The Order is now offered by the esautels aculty of
gree from a recognized uni- offered through distance learning Management.
versity with a minimum GPA of on a part time basis.
3.00/4.30, or the equivalent, Pre-requisites:
and to have completed the The minimum grade point aver- same as JMSB’s CPA program +
CPA prerequisite courses with age for this program is 2.8/4.3. I A 3 5 or I A 3 5
a minimum 2.8/4.30 overall The list of prerequisites are listed
GPA in the required accounting here, must have a B- average McGill requires a minimum CGPA
(ACCO) courses. over all the prerequisites. re uirement of 3. 4.
PROS: As such, your G A, which is on a
For more info, visit: Flexible, work-study-life 4.3 scale, will be reconciled when
https://www.concordia. balance they are reviewing your applica-
ca/jmsb/programs/grad- tion.
uate/cpa/admissions.html CON:
Study alone McGill has a part time option at
the center of continuing education.
Full-time student:
must complete in 2 years
(6 terms)
Part-time:
Must complete in 4 years
(12 terms)
35THE COMMON FINAL
EXAMINATION (CFE)
The Common Final Examination (CFE) is compulsory
for all candidates for the practice of the profession. It
is held simultaneously in all Canadian provinces. To be
authorized to write the CFE, all candidates must have
successfully completed the CPA program deemed
valid by the Order.
If you do not sit for one of the two CFEs held after the
end of your university graduate program, you must
retake the Capstone 1 Module.
This is why it is important to be timely in your CPA
studies. A passing grade must be received on the CFE
to receive the CPA designation.
36PRACTICAL
EXPERIENCE
In addition to the completion
of the examination, a future
CPA is also required to gain
practical experience.
This provides students an
opportunity to work in a
real-life management and
decision-making context.
This paid training period must
last 24 months with an
accredited accounting firm.
The experience enables
prospective accountants to
develop the CPA
competencies based on their
interests.
The period of practical
experience may be
completed on a full- or part-
time basis, but in either case,
must last 24 months.
3738
39
SO YOU WANT TO BE A CPA ? 40
How do I plan ahead?
Assuming you have not yet
gotten your degree, I suggest you
study ahead and learn as much
as you possibly can from the
courses you are taking, knowing
that there will be more to learn
later on. Everyone knows that
that you need a B- average in all
your ACCO classes (as well as
a minimum GPA) to get into the
JMSB program.
41WHAT IS THE
RIGHT PATH
FOR ME?
Should I pursue the online program or apply to JMSB/ McGill? This depends on your
preferences among many other factors, including your grades, your preferred
method of learning, and how busy your schedule is with regards to work or other
commitments. One advantage to the online program is that the modules are 8 weeks
along, whereas a semester is 13 weeks long. Thus, you can have a little more downtime
between modules than say between the Fall and Winter semesters.
On the other hand, a university program will provide you with more in-class
instruction than would the online program. Also, the JMSB program gives you 21
university credits which you can put towards your MBA.
Weigh the pros and cons and make an informed decision based on your personal
preferences.
Don’t wait until the start of the semester or the start of a
module to begin your studying, but instead be proactive!
Tips &
Try getting a copy of the course outline and/or materials
from fellow students and begin your readings ahead of Planning
time. There are already several past CFE exam questions
with marking keys posted online, so you can even give Ahead for
those a try. Get a copy of some past UFE questions
going back as far as say 2012. Work through those when
CPA School
you have some down time. It will make your life much
easier later on.
4243
CPA CAREER
OPPORTUNITIES
Taxation
Tax accountants are responsible for preparing federal Forensic Accounting
and provincial tax returns for business, organizations
Forensic accounting is a specialty field
and individuals. Evidently, one of the main purposes
within the broader accounting arena.
of a tax accountant is to minimize the tax liability of Acting as investigators, forensic accoun-
its client. However, they are also responsible for en- tants deal with crimes related to prop-
suring that their clients comply with local and fed- erty. They investigate fraud cases and
eral tax laws as well as inform them of any recent tax gather evidence to present as experts in
court. Forensic accounting has received
changes that can affect the functions of the business.
much spotlight in recent years as a re-
sult of certain large financial white-collar
crimes. If analyzing accounting irregulari-
ties is of interest to you it might be worth-
Audit while to consider this speciality field. To
pursue a career in forensic accounting/
fraud examining, students must success-
The purpose of accounting and financial report-
ing is to provide relevant and representationally fully pass Certified Fraud Examination
faithful information to stakeholders and users. exam, to achieve the CFE designation.
The goal of an auditor is to ensure that this in- Numerous programs such as, Diploma
formation is free from error. Auditors analyze in Investigative & Forensic Account-
the financial reports of an organization and as- ing, Fraud Examination and Forensic
sess any risk which could significantly impact Accounting exist across universities in
the financial position of the firm. Canada.
Industry Accounting
Do you like a stability? Is the work-life balance important to you?
The working in industry could your best option!
The industry life has many facets, from management accounting to internal auditing and many more.
A career that begins as a financial analyst could end with you as CFO of the company!
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