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Management Accountant Degree Recognized.CMA/CPA/CA

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sayyed View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote sayyed Quote  Post ReplyReply Direct Link To This Post Posted: 17 Jan 2010 at 3:36am
ICWAI's Institute of cost & works Accountants of India,  as you must understand that canadian itself has numbers of professional institutes and forums including chartered accountant , cost accountants etc etc .. and its very hard to enter into the system with foreign degree and certificates but of course not impossible..

Due to massive inflow of immigrants from all over the world Canadian job market now understand and recognize the foreign certificates and degrees.

Now it depends on each individual how he/she equipped him/herself :
1) The best is canadian local degree and certificate
2) than internationally recognized degree and certificates
3) third applicant home country degree and certificates

the more you towards the point 1 , more your chances of having professional job increases.

At this point of time the certificate from ICWAI falls under category 3 , but you can easily transform it in 2 by taking strategic examination of CIMA . check your local institute website or CIMA website for details.

Thanks & best of Luck!

P.S  IMA ( CMA) is also considered in category  3  so no need to take two certificates both are in category 3.




Originally posted by Sha Sha wrote:

hi did you apply for immig? Just wanted to know the scope for ICWAIs in Canada
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Sha Quote  Post ReplyReply Direct Link To This Post Posted: 17 Jan 2010 at 9:55am
Sayyed, thanks for nice inputs. Infact CIC has accepted my application and status 'in process'...but just wanted to explore job opportunities... have addition masters in law.
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imran01 View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote imran01 Quote  Post ReplyReply Direct Link To This Post Posted: 18 Jan 2010 at 8:22am
Lets all use our waiting time to sharpen our Skills before going to canada:--


Once upon a time a very strong woodcutter asked for a job with a timber merchant, and he got it. His salary was really good and so were the working conditions. For that reason, the woodcutter was determined to do his best.

His boss gave him an axe and showed him the area where he was supposed to fell the trees. The first day, the woodcutter brought down 15 trees.

" Congratulations," the boss said. " Carry on with your work!"

Highly motivated by the words of his boss, the woodcutter tried harder the next day, but he only could bring 10 trees down. The third day he tried even harder, but he was only able to bring down 7 trees.

Day after day he was bringing lesser number of trees down.

" I must be losing my strength", the woodcutter thought. He went to the boss and apologized, saying that he could not understand what was going on.

" When was the last time you sharpened your axe?" the boss asked.
" Sharpen? I had no time to sharpen my axe. I have been very busy trying to cut trees..."

That's right. Mos t of us NEVER update our skills. We think that whatever we have learned is very much enough. But good is not good when better is expected. Sharpening our skills from time to time is the key to succes
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imran01 View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote imran01 Quote  Post ReplyReply Direct Link To This Post Posted: 18 Jan 2010 at 11:02pm
sayyed
to continue with the discussion...
can u elaborate that how we reach from 3 type of degrees to 1 type of degree...
what is the option available to each of us
and what is the time and resources required for each...
 
since i am
CMA... would u suggest any recognized digree to go for...and what is its cost...
 
every one is welcome in this discussion..
 
regardz
 
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imran01 View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote imran01 Quote  Post ReplyReply Direct Link To This Post Posted: 24 Jan 2010 at 12:59pm

any body NOC 0111 & NOC 1111.

PLZ ANSWER
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sayyed View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote sayyed Quote  Post ReplyReply Direct Link To This Post Posted: 25 Jan 2010 at 10:15am
Dear Imran it depends on qualification someone has before applying but we will discuss about accountancy profession;

Usually the applicant from pakistan may have CA/ICMA/PIFPA/MBA

All these qualification are home country based qulaification and we can treat each of them in category 3.

category 1 qualification in Canada are , CA ( Canadian) , CGA , CMA and CPA canada.

All these qualification provides a good start up in Canada and help in getting good decent job.


Sadly there is no MRA or exemption policies between these two categories.

Pakistani CA or MBA must take full papers of Canadian CA or CGA or CPA in order to acquire such certificates means starts from scratch .

ICMAP from Pakistan may get Foundation-12 paper exemption (level 1-Level3) from CGA exams . But CGA entry requirements is university graduates means 4 years of bachelors program .

In order to reach the destination we need some bridging qualification (category 2)

The three bridging qualification that help the new immigrant to reach category 1 are
ACCA , ICAEW and CIMA

ICAP/ICMA may get upto 9 paper exemption in ACCA leaving 3 papers to qualify
ICAP needs 3 papers to write for ICAEW and in CIMA , ICMAP may get 7 paper exemption out of 11 papers.

CIMA(UK)has MRA with Candian CMA. ICAEW CA has MRA with Canadian CA. ACCA has MRA with CGA.


Thats it!

Best of Luck !

 





Originally posted by imran01 imran01 wrote:

sayyed
to continue with the discussion...
can u elaborate that how we reach from 3 type of degrees to 1 type of degree...
what is the option available to each of us
and what is the time and resources required for each...
 
since i am
CMA... would u suggest any recognized digree to go for...and what is its cost...
 
every one is welcome in this discussion..
 
regardz
 


Edited by sayyed - 26 Jan 2010 at 2:51am
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imran01 View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote imran01 Quote  Post ReplyReply Direct Link To This Post Posted: 30 Jan 2010 at 4:14pm
sayyed bhai,
thankz and well contribution...
any other senior in the profession.. through some more light...
 
regards
 
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EnglishMuffin View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote EnglishMuffin Quote  Post ReplyReply Direct Link To This Post Posted: 30 Jan 2010 at 11:04pm
There is a mutual recognition scheme between members of the global accounting body ACCA and CGA members:

http://www.cga-canada.org/en-ca/International/StrategicAlliances/MraAccaCga/Pages/ca_mra_acca_cga.aspx

I am an ACCA student in Canada, originally from the UK, in the final stages currently studying for ACCA membership, when I plan on becoming a CGA under the MRG. There are, I believe, similar recognition schemes in place for CAs and CMAs.
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sayyed View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote sayyed Quote  Post ReplyReply Direct Link To This Post Posted: 31 Jan 2010 at 4:20am
Dear English Muffin ,

Could you please elaborate the detailed procedure for having CGA certificate through MRA ( with ACCA).

Best Regards



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Post Options Post Options   Thanks (0) Thanks(0)   Quote EnglishMuffin Quote  Post ReplyReply Direct Link To This Post Posted: 31 Jan 2010 at 12:23pm
Hi Sayyed

You just need to be a qualified member of the ACCA, then take one exam for the CGA level 2 course on tax and law. As long as you maintain your designation with the ACCA (pay membership fees with them each year), you can practice as a CGA as well in Canada.

More details here: http://www.cga-canada.org/en-ca/International/StrategicAlliances/MraAccaCga/Pages/ca_mra_acca_initial_application_process.aspx


There are over a thousand ACCA students in Canada, so if anyone is moving here as an ACCA student, you won't be alone. ACCA is not well recognised, but as soon as you register with the CGA and they give you equivalency grade, you'll find yourself a job.

Hope that's okay.
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