TORONTO, ONTARIO--(Marketwire - Nov. 30, 2012) - According to just-released results, five Lambton Chartered Accounting students have passed this year's Canada-wide Uniform Evaluation (UFE), recognized as one of the world's most challenging professional entry examinations.
The UFE, written in September, is a national three-day evaluation that assesses competencies necessary for Chartered Accountants including essential knowledge, professional judgment, ethics and the ability to communicate. The UFE is an important component of the CA qualification program, which includes prescribed education, practical experience and examination requirements. Only those who complete this entire program successfully are entitled to use the internationally recognized designation of Chartered Accountant, a profession known for superior financial expertise, strategic thinking, business insight and leadership. For the first time ever, these students will also earn the Chartered Professional Accountant designation, which makes them CPA, CAs.
In total, Ontario had 1,279 of the country's 3,077 successful UFE writers and captured 27 of 59 National Honour roll spots. Joshua Huff of Waterloo captured the Canada Gold Medal as the top writer of the Uniform Evaluation in the country.
The following Lambton CA students successfully wrote the exam and, upon completion of their 30-month experience requirement, have earned the right to add the letters CPA, CA to their names:
- Roger Claveau
- Diana Trieman
"Congratulations to all of the successful Ontario candidates," said Rod Barr, FCPA, FCA, President and CEO, Institute of Chartered Accountants of Ontario. "Qualifying to become a CPA, CA is a very challenging process and the resulting career is rich in rewards and opportunities. I am confident that all of the students will make great contributions in their future careers and will uphold the high standards of the CPA, CA profession."
Interviews with Honour Roll students and/or photographs are available on request.
About the Institute of Chartered Accountants of Ontario:
The Institute of Chartered Accountants of Ontario is the qualifying and regulatory body of Ontario's more than 36,000 Chartered Accountants and 5,000 CA students. Since 1879, the Institute has protected the public interest through the CA profession's internationally recognized standards of qualification and the enforcement of its rules of professional conduct. Chartered Accountants are the professionals Canada's business leaders trust to help make the financial, strategic and leadership decisions that matter. The Institute's website is: www.icao.on.ca and the student website is www.guidetorulingtheworld.ca.