Institute Of Chartered Accountants Of Ontario

Institute Of Chartered Accountants Of Ontario

February 23, 2011 08:25 ET

Media Advisory: CA Profession celebrates Queen's Honour Roll graduates

Ontario Convocation brings together Chartered Accounting grads in Toronto Feb. 26

TORONTO, ONTARIO--(Marketwire - Feb. 23, 2011) - Two Queen's University Chartered Accounting student – Lloyd Canis and Clarisse Lau – were among just 18 Ontario students to make the prestigious Honour Roll for top marks on the 2010 Canada-wide Uniform Evaluation (UFE), one of the world's most challenging professional entry examinations.

They'll join almost 1,200 soon-to-be Chartered Accountants – one of the biggest Ontario classes in the profession's history – at Toronto's Westin Harbour Castle on Saturday, February 26 to celebrate passing the UFE. It's a colourful celebration featuring pipers, music and a proud parade of young achievers and their families. The Ontario Government will be represented by the Honourable Dr. Eric Hoskins, MPP, Minister of Citizenship and Immigration.

The UFE, written in September, is a national three-day evaluation that assesses whether candidates have acquired an appropriate degree of professional competency, including both a significant body of knowledge along with the skills and aptitudes to analyze, synthesize and apply that knowledge effectively. The UFE is an important component of the CA professional qualification program, which includes prescribed education, experience and examination requirements. Only those who complete this entire program successfully are entitled to use the prestigious designation of Chartered Accountant.

Mr. Kanis has a Bachelor of Commerce from Queen's University and is currently articling at KPMG LLP in Toronto. "I chose to pursue the CA designation because of its flexibility and the opportunity to experience working in different companies and industries," said Mr. Kanis. "I was happy and surprised to be on the Honour Roll because the UFE was such a tough exam. The UFE preparation process can drive people crazy, but in a good way because it challenges you."

Ms. Lau also has a Bachelor of Commerce from Queen's University and is currently articling at KPMG LLP in Toronto. On why she chose the profession, she said: ""I chose to become a Chartered Accountant because it provides excellent opportunities to enter diverse industries in your career. The education and experience needed to become a CA assists in developing technical knowledge and analytical abilities. The CA is a well-respected designation that will always be beneficial as my career goals evolve and change."

WHAT:   Institute of Chartered Accountants of Ontario Annual Convocation Ceremony
WHEN:   Saturday, February 26, 2011 at 1:30 p.m.
WHO:   Graduating CA students, their families, the Honourable Dr. Eric Hoskins, MPP, Minister of Citizenship and Immigration, and prominent Chartered Accountants
WHERE:   Grand Metropolitan Ballroom of the Westin Harbour Castle, 1 Harbour Square

Vicky Au of Markham captured the Canadian Gold Medal as the country's top UFE writer. Ms Au has a Master of Accounting degree from the University of Waterloo. She lives in Markham and is currently articling at Deloitte & Touche LLP in Toronto. In total, Ontario had 1,172 of the country's 3,046 successful UFE writers and captured 18 of 50 National Honour roll spots.

"Congratulations to all of the successful Ontario candidates," said Rod Barr, FCA, President and CEO, Institute of Chartered Accountants of Ontario. "Qualifying to become a 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 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 33,000 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. Ontario CAs contribute greatly to international and domestic investor confidence in the soundness of the Ontario and Canadian economies. The Institute's website is: www.icao.on.ca and the student website is www.guidetorulingtheworld.ca.

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