Quote:
Originally Posted by geos
I disagree... I think you missed the point that the grunt work is no longer going to be required.
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Page 5 of this link:
http://cpacanada.ca/wp-content/uploa...on_Program.pdf
Approved Path Model: Basically the current Big 4 grunt work.
Experience Verification Model: Kind of like the current CGA/CMA experience requirements.
However, CPA must obtained the following six competencies "of sufficient duration and intensity":
1. Financial accounting and reporting
2. Management accounting, planning and control
3. Assurance (audit)
4. Taxation
5. Finance
6. Performance management
I don't see many small companies can provide the required training to achieve 3., 4., 5 "of sufficient duration and intensity". Since I assume the CAs will be in control of the new CPA, I don't think they will make going through the "Experience Verification Model" a cake walk. If anything, they'll make it much tougher than CMA/CGA make it to be currently. Hence, there'll be increase supply of articling students after the merger.