Institute Of Chartered Accountants Of Ontario

Institute Of Chartered Accountants Of Ontario

November 15, 2006 07:30 ET

Media Advisory: CA Institute to Speak Out on Bill 124

CAs Strongly Supports Access for Internationally Trained Professionals

TORONTO, ONTARIO--(CCNMatthews - Nov. 15, 2006) -

ATTENTION: NEWS/BUSINESS REPORTERS

Representatives of the Institute of Chartered Accountants of Ontario will travel to Queen's Park to voice their strong support for Bill 124, Ontario's Fair Access to Regulated Professions Act, 2006, on November 15. Tom Warner, Vice-President and Registrar, and Edwina McGroddy, Director of Admissions, Membership and Licensing, will present the Institute's position that the Act strikes the right balance between fairness to immigrants and keeping professional standards high.

In the case of the CA profession, the access process for internationally trained professionals is already at best practice levels. In January 2005, a 'report card' issued by the Ministry of Training, Colleges and Universities ranked the Institute second among 10 professional bodies evaluated, in terms of their response to barriers identified by internationally trained professionals.

The Institute's approach is to provide a fair and transparent career path that provides detailed, step-by-step information on the assessment process, the experience and examination requirements, the costs involved, and a summary of labour market conditions for Chartered Accountants.

The Institute strongly supports improving access for the internationally trained across the professions as a way to strengthen the province's economy and make it even more competitive. In Bill 124, the McGuinty government has provided a sound framework for giving access to the professions to the internationally trained.



WHAT: CA Institute speaks out in support of Bill 124
WHEN: Wednesday, November 15, 2006 at 10:50 a.m.
WHO: Tom Warner, Vice-President and Registrar, Institute of Chartered
Accountants of Ontario
Edwina McGroddy, Director of Admissions, Membership and Licensing
WHERE: Committee Room 1, Queen's Park


About the Institute of Chartered Accountants of Ontario:

The Institute of Chartered Accountants of Ontario is the qualifying and regulatory body of Ontario's 32,000 CAs and 4,000 CA students. Since 1879, the Institute has protected the public interest through the CA profession's high standards of qualification and the enforcement of its rules of professional conduct. Recognized internationally, the CA designation denotes financial expertise, strategic thinking, business insight and leadership. The Institute website is: www.icao.on.ca.

Contact Information

  • The Institute of Chartered Accountants of Ontario
    Perry Jensen
    (416) 969-4271 or Toll Free 1-800-387-0735 ext. 271
    Email: pjensen@icao.on.ca
    Website: www.icao.on.ca