Institute Of Chartered Accountants Of Ontario

Institute Of Chartered Accountants Of Ontario

May 20, 2009 09:15 ET

The Institute of Chartered Accountants of Ontario: Students Given Opportunity to Win COIN

CA Challenge exam runs Ontario-wide May 21

TORONTO, ONTARIO--(Marketwire - May 20, 2009) - Over 650 students from 170 high schools from across Ontario are being given a chance to compete for prize money in COIN: The Ontario CA Challenge at various CA firms across the province on May 21. They'll be asked to answer challenging multiple-choice questions on financial topics, including:

- Generally Accepted Accounting Principles (GAAP)

- Revenue recognition

- Valuation

- Taxation

The Institute of Chartered Accountants of Ontario holds this annual competition to give students considering a career as a Chartered Accountant the opportunity to compete, have fun and earn some cash prizes.

The first place prize provincially is $1,500, with second place getting $1,000 and third collecting $500, with rest of the top 20 Honour Roll members each receiving $100 and an invitation to the awards luncheon. There are also separate $100 prizes and certificates of achievement for the top students from each of the 23 CA District Associations across the province.

To be eligible, a student must have become a member of the Institute's High School Associate Student Program (HASP) by March 13, 2009. In the competition, they will answer a 75-question, multiple-choice test at the premises of a participating CA firm. All of the participants receive a certificate of participation and a chance to find out more about the exciting opportunities offered by a career in Chartered Accounting.

The Institute can put reporters in touch with participating CAs and students in most Ontario communities. The top three winners province-wide, as well as the top student from each of the 23 CA District Associations, will be announced in Toronto on June 15.



WHAT: COIN competition for high school students

WHEN: Thursday, May 21, 2009 from 3 to 4:30 p.m.

WHO: Open to all Institute Associate Students across Ontario

WHERE: Testing being held at various CA firms across the province


Note: More information on the High School Associate Student program can be found at www.guidetorulingtheworld.ca.

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 33,000 CAs 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 conduct. A wide range of organizations and individuals count on Ontario CAs to provide trustworthy and strategic insight, business leadership and financial guidance. The Institute's website is: www.icao.on.ca and the student website is www.guidetorulingtheworld.ca.

Contact Information

  • The Institute of Chartered Accountants of Ontario
    Perry Jensen
    416-969-4271 or 1-800-387-0735 ext. 271
    pjensen@icao.on.ca