Certified General Accountants of Ontario

Certified General Accountants of Ontario

March 16, 2007 16:08 ET

CGA Ontario's $50,000 Plus Prize-Winning Challenge to Ontario Students

Currently registered students at Ontario colleges and universities are invited to participate in CGA Ontario's inaugural One-Hour Accounting Contest on March 23rd

TORONTO, ONTARIO--(CCNMatthews - March 16, 2007) - The Certified General Accountants of Ontario is hosting its inaugural one-hour, online accounting contest on Friday, March 23rd, beginning at 4 p.m. The idea is to provide as much access as possible to Ontario post-secondary students who have an aptitude for accounting and finance. With two tiers of competition, a total of six champions will emerge at the end of the hour. The prize pot-which provides first, second and third prizes of both cash and scholarship towards the CGA program of professional studies-totals more than $50,000.

In recognition of the significant role Ontario colleges and universities play in providing accounting and finance education, the academic institution of the first-place prize winner in each tier will also be awarded $5,000 towards its accounting department.

The student self-selects whether to enter the competition at Tier 1 or Tier 2. Tier 1 focuses on basic and intermediate finance- and accounting-related questions; Tier 2 questions are at intermediate and advanced levels. The contest's questions were created by a certified general accountant who is a marker in the CGA program of professional studies. Although the questions have never appeared in any course material (or other format) they are written at a level comparable to applicable CGA courses. The contest will run off a system developed by CGA Ontario's information services staff.

The one-hour, online contest is the brainchild of Chris Buyers, manager of marketing for the Certified General Accountants of Ontario, "Thinking back to my days as a B.Comm. student, what I would have appreciated is the chance to compete in a relevant contest that didn't depend on some form of pre-selection. I'd want minimum hassle in terms of the time and location required to compete and I'd want there to be some significant prizes as an incentive, something like immediate cash and more long-term funding for my studies. Because such a contest didn't exist in my day, I decided to recommend to CGA Ontario that we provide one for today's crop of potential accounting professionals."

Ontario colleges and universities are already promoting the contest and advance registration by students for the March 23rd competition is currently in the four figures. Professors in the related departments have been uniformly positive about the event and are encouraging students to participate. "The contest is an outstanding way to inform students about the CGA designation," indicates Gary Spraakman, an accounting professor at York University's Atkinson School of Administrative Studies. "I expect the contest will lead many of our students, particularly the accounting majors, to consider a career as a CGA, which will certainly enrich their lives."

For more information on CGA Ontario's One-Hour Accounting Contest, including Rules and Regulation, Ontario college and university students are encouraged to visit www.cga-ontario.org/applications/contest. Register today and then start your engines for March 23rd!

About the Certified General Accountants of Ontario:

The Certified General Accountants of Ontario is a self-governing body, which grants the exclusive right to the CGA designation, and controls the professional standards, conduct and discipline of its members and students in the province of Ontario. Broadly and deeply competent, certified general accountants (CGAs) are committed to meeting the needs of their businesses and organizations with strategic insight, leadership and demonstrated know-how. Our charity of choice is Big Brothers Big Sisters of Canada and its affiliate agencies across Ontario.

Certified General Accountants. Name Your Need.

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