TORONTO, ONTARIO--(Marketwire - Feb. 20, 2013) - London Chartered Accounting student Thomas Callaghan was among just 27 Ontario students to make the prestigious Honour Roll for top marks on the 2012 Canada-wide Uniform Evaluation (UFE), one of the world's most challenging professional entry examinations.
He'll join almost 1,300 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 23 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 Hon. Brad Duguid, MPP and Minister of Training, Colleges and Universities.
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 CPA, CA.
Mr. Callaghan has a Bachelor of Business Administration degree from Wilfrid Laurier University and articles at PwC in London. On why he chose the profession, Callaghan said: "I chose the CA because of its reputation. It provides you a good financial background and opens many doors for you."
||Institute of Chartered Accountants of Ontario Annual Convocation Ceremony
||Saturday, February 23, 2012 at 1:30 p.m.
||Graduating CA students, their families, the Hon. Brad Duguid MPP, and prominent Chartered Accountants
||Grand Metropolitan Ballroom of the Westin Harbour Castle, 1 Harbour Square
A total of 27 Ontario CA students placed on the prestigious 59-member National Honour Roll, making 2012 a very good year for this province. Overall, 1,279 Ontario CA students and a total of 3,077 across the country have successfully passed the UFE, one of the world's most challenging professional entry examinations.
The country's top student - Joshua Huff - articles with KPMG LLP in Waterloo and has a Bachelor of Business Administration degree from Wilfrid Laurier University in Waterloo. He notes: "I have always wanted to do something business related, and the CA is a reputable designation that offers the flexibility to work in a variety of positions. The great benefit of the CA is that you never really pigeon hole yourself, there are always a wide range of options to consider."
"Congratulations to all of the successful Ontario candidates and, in particular, our Gold Medalist Joshua Huff," said Rod Barr, FCPA, FCA, President and CEO, Institute of Chartered 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 Institute of Chartered Accountants of Ontario:
The Institute of Chartered Accountants of Ontario is the qualifying and regulatory body of Ontario's more than 36,000 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. Chartered Accountants are the professionals Canada's business leaders trust to help make the financial, strategic and leadership decisions that matter. The Institute's website is: www.icao.on.ca and the student website is www.guidetorulingtheworld.ca.
Journalists are welcome at Convocation.