Ordre des comptables agréés du Québec

Ordre des comptables agréés du Québec

November 24, 2006 08:25 ET

2006 Uniform Evaluation: A Record Year for Quebec Chartered Accountants!

MONTREAL, QUEBEC--(CCNMatthews - Nov. 24, 2006) - On September 12, 13 and 14, 2006, 609 aspiring CAs wrote the Uniform Evaluation (UFE). Of this number, 506 passed - results unequalled in 15 years. In addition, the 83.1 % overall pass rate is the highest ever for Quebec candidates. First-time writers did even better this year with an unprecedented 87.3% pass rate.

"We are absolutely delighted with these results! Year after year, the excellent cooperation between the Ordre des comptables agrees du Quebec, the universities and CA firms is definitely paying off and this year's record pass rate is added proof," noted Michel Theroux, FCA, Chair of the Ordre.

Reflecting this exceptional pass rate, twelve candidates have made the UFE Honour Roll of the Canadian Institute of Chartered Accountants. These young people from across Quebec are:

- Pierre-Luc Cardinal, HEC Montreal, PricewaterhouseCoopers, Montreal

- Jeffrey Cochrane, John Molson School of Business (Concordia University), Montreal

- Amelie Dubois, HEC Montreal, Samson Belair/Deloitte & Touche, Montreal

- Martin Dubuc, Universite du Quebec a Trois-Rivieres, Dessureault, Leblanc, Lefebvre, Trois-Rivieres

- Jolyann Gill Richard, Universite du Quebec a Montreal, Samson Belair/Deloitte & Touche, Montreal

- Julie Girard, HEC Montreal, Samson Belair/Deloitte & Touche, Montreal

- Catherine Giroux, HEC Montreal, PricewaterhouseCoopers, Montreal

- Regine Joyal-Villiard, HEC Montreal, Ernst & Young, Montreal

- David Charles Nayer(i), John Molson School of Business (Concordia University), Fuller Landau, Montreal

- Simon Poirier(i), Universite du Quebec a Chicoutimi, Mallette, Chicoutimi

- Emilie Simard, Universite Laval, Ernst & Young, Quebec City

- Marie-Claude Tardif, Universite du Quebec a Chicoutimi, Raymond Chabot Grant Thornton, Ville Saguenay

(i)Messrs. Nayer and Poirier tied for the Regional Gold Medal awarded by the Chartered Accountants of Canada for the highest standing in Quebec on the 2006 UFE. All these top candidates will be honoured during the Gala de la reussite of the Ordre des comptables agrees du Quebec to be held at the Palais des Congres de Montreal on March 17, 2007.

"This year's success is due in large part to the remarkable work of university professors who are invaluable partners of the Ordre. They integrate simulations developed by the Ordre into the graduate-level Professional Education Program. The mentoring process instituted in CA firms and the practical experience gained during the training period round off the education of young candidates. The combination of all these initiatives has led to outstanding results on the 2006 UFE," said Daniel McMahon, FCA, president and CEO of the Ordre.

Furthermore, the use of computers by candidates for the practice of the profession is now solidly implanted, with 45% of them keying in their responses this year. This significant increase reflects a trend that will continue in the years to come.

"More than ever, we are convinced that young people who opt for a CA career have the best tools required to take the decisive UFE step. The rising UFE pass rate will ensure a high-calibre pool of professionals for Quebec's capital market," mentioned Mr. McMahon.

Since the Ordre's Professional Education Program (PEP) was integrated into a graduate diploma in accounting sciences, the pass rate for Quebec UFE candidates jumped from 49% in 1998 to 83.1% in 2006. "The Ordre is proud to see future CAs who have invested so many hours of work and study doing better and better each year on the UFE. These candidates will be welcome additions to the Ordre's membership in the years to come," stated the Ordre's executive.

A competency-based evaluation

All CAs in Canada must pass the UFE. During this three-day professional evaluation, candidates must demonstrate that they have acquired the competencies needed to become chartered accountants.

The purpose of the UFE is to measure candidates' ability to integrate all their knowledge and competencies as well as to analyze, process and effectively communicate information. The subject matter covers assurance, strategy, risk management, financial management, corporate finance, management decision-making and taxation.

With a membership of close to 17,200 CAs and more than 1,400 candidates for the practice of the profession, the Ordre des comptables agrees du Quebec carries out its primary mission to protect the public by enforcing the most demanding admission criteria and ethical standards. CAs bring superior financial expertise, strategic thinking, business insight, and leadership to become an integral part of any organization. That's the CA advantage!

Contact Information

  • Ordre des comptables agrees du Quebec
    Stephanie Gareau
    External Relations Manager
    514-982-4615
    s.gareau@ocaq.qc.ca