Wednesday, June 23, 2010

Information on equivalence certification by CGA

Thanks to Devi Sarojini who has kindly shared the following information on the procedure for equivalence certification:

The following are the documents needed by CGA for transfer credits:-

1. Detailed Resume
2. Letter of good standing from Institute of Chartered Accountants of India.
3. Sealed transcripts from Institute of Chartered Accountants of India.
4. Application form for transfer credits.
The fees for transfer credits is $ 355+ HST if we apply after July 1,2010.

You can see the following link for any further details
http://www.cga-ontario.org/Prospective_Students/Becoming_a_CGA/Transfer_Credits.aspx

Transfer Credit Evaluation Report will be send in 20-25 business days.

Sunday, June 13, 2010

Update for foreign trained accountants

I am regularly contacted by foreign trained accounting professionals who have immigrated and are looking for their first break in Canada. The dual whammy is no Canadian experience and no Canadian education. While nothing can be done for the work experience, the education can certainly be managed.

The best way is to get the accounting designation evaluated by the CGA and add the level of exemption to the resume. This helps in breaking down the barrier and opening the all important door to the first interview and hopefully a temp / contract / full time job. This is one of the best $450 odd that you can spend, as this money is recovered within the first week of employment and you can start off on your new life that bit sooner. The fact that this is an equivalence is not relevant and can be disclosed during the interview; I assure you that there is no illegality involved as there is full and complete disclosure in the resume as well as during the interview.

The fact is that all resumes are stored in a data base and retrieved based on key search words. Getting the resume before the hiring manager is all important, hence the reference to CGA is very very important.

I say this from personal experience as I struggled for four months before receiving this advise and got my first break in the shape of a temp job within a week! So, please don't look at the cost, instead focus on getting into the work force and start getting the all important Canadian experience.

Regards.