The Chartered Professional Accountants of Ontario

The Chartered Professional Accountants of Ontario

November 29, 2013 12:00 ET

Toronto CPA Student Captures Canadian Gold Medal

20 Ontario Students Earn Honours in Canada-Wide CPA Exam

TORONTO, ONTARIO--(Marketwired - Nov. 29, 2013) - Nicholas Tsai of Toronto captured the Canadian and Ontario Gold Medals as the top writer of the Uniform Evaluation (UFE) in the country. A total of 20 Ontario CPA students placed on the prestigious 54-member National Honour Roll, making 2013 a very good year for this province.

Overall, 1,201 Ontario CPA students and a total of 3,032 across the country have successfully passed the UFE, 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 Professional Accountants including essential knowledge, professional judgment, ethics and the ability to communicate. The UFE is an important component of the CPA 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 Professional Accountant, a profession known for superior financial expertise, strategic thinking, business insight and leadership.

Nicholas Tsai articles with EY in Toronto and has a Master of Accounting degree from the University of Waterloo. He notes: "I was always interested in accounting and the CPA is the premium designation today, providing both knowledge and technical competency. You need drive and determination to achieve the CPA. It takes dedication to get through the program."

The following 19 other Ontario UFE writers have also achieved recognition on the 2013 National Honour Roll:

  • Jacob Angemeer of McCarney Greenwood LLP in Brampton
  • Kylyn Athey of PwC LLP in Oakville
  • Matthew Au of KPMG LLP in Toronto
  • Carlee Bannister of Deloitte LLP in London
  • Jessica Di Rito of Deloitte LLP in North York
  • Andrea Down of KPMG LLP in London
  • Eric English of PwC LLP in Waterloo
  • Paola Ferrazzi of KPMG LLP in Waterloo
  • Raymond Hua of PwC LLP in Toronto
  • Jonas Lau of KPMG LLP in Toronto
  • Calvin Lem of Campbell Lawless Professional Corporation in Toronto
  • Daniel Mancini of Durward Jones Barkwell and Company LLP in Niagara Falls
  • Jacob Martin of KPMG LLP in Toronto
  • Alison McCarthy of EY in Toronto
  • Ben Scharfe of Raymond Chabot Grant Thornton in Ottawa
  • Bijan Toufighi of Deloitte LLP in Ottawa
  • James Webster of Grant Thornton LLP in Markham
  • Leon Wu of KPMG LLP in Toronto
  • Annie Xie of KPMG LLP in Toronto

"Congratulations to all of the successful Ontario candidates and, in particular, our Gold Medalist Nicholas Tsai," said Rod Barr, FCPA, FCA, President and CEO of the Chartered Professional 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 Chartered Professional Accountants of Ontario

The Chartered Professional Accountants of Ontario (registered name of The Institute of Chartered Accountants of Ontario) is the qualifying and regulatory body of Ontario's almost 37,000 CPAs and 6,000 CPA Students. With a rich history dating back to 1879, the Chartered Professional Accountants of Ontario serves the public interest by developing, monitoring and enforcing the highest standards of professional competence and ethical conduct. Chartered Professional Accountants are valued by organizations of all types for their financial expertise, strategic thinking, business insight, management skills and leadership. The Chartered Professional Accountants of Ontario's website is: and the Student website is

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