Viability of moving to Canada and accounting qualifications
#16
Forum Regular
Joined: Mar 2014
Posts: 214
Re: Viability of moving to Canada and accounting qualifications
I would finish your studies in the UK and then move to Canada, if you moved over here first then you'd have to do the Prep program and add an extra couple of years to the qualification process.
#17
Just Joined
Joined: Jul 2016
Posts: 10
Re: Viability of moving to Canada and accounting qualifications
Canadian employers don't recognize much in the way of UK designations and really struggle to credit you with your UK experience - you will need your CPA if you want to be paid like a CPA.
Pretty much all the accounting bodies have reciprocal agreements, but be warned that CPA Canada recently just finished combining all of the CA's, CMA's, CGA's etc into the single designation CPA. They haven't done much work in the way of formalizing the reciprocal agreements, and those who are using them (such as I did) are subject to them fumbling around with the prior institutions reciprocal agreements which they try to honour, but there is no certainty until they re-establish a proper agreement with CPA canada (if they have since I moved here 3 years ago, then you should have more luck).
Some reciprocal agreements with render you a slave to your home institution, your CPA could be dependant on ongoing membership of say CIMA. Twice the expense, twice the work for your CPD etc.
I wish I had moved here 10 years prior and just did everything here. But everyone's situation is different, it was my skills and experience in pensions and accountancy that opened the door for me to get in via the skilled worker route so I don't know if I could have even done that.
Good luck.
Pretty much all the accounting bodies have reciprocal agreements, but be warned that CPA Canada recently just finished combining all of the CA's, CMA's, CGA's etc into the single designation CPA. They haven't done much work in the way of formalizing the reciprocal agreements, and those who are using them (such as I did) are subject to them fumbling around with the prior institutions reciprocal agreements which they try to honour, but there is no certainty until they re-establish a proper agreement with CPA canada (if they have since I moved here 3 years ago, then you should have more luck).
Some reciprocal agreements with render you a slave to your home institution, your CPA could be dependant on ongoing membership of say CIMA. Twice the expense, twice the work for your CPD etc.
I wish I had moved here 10 years prior and just did everything here. But everyone's situation is different, it was my skills and experience in pensions and accountancy that opened the door for me to get in via the skilled worker route so I don't know if I could have even done that.
Good luck.