Like any other North American country, accountants are an integral part of business dealings in Canada. They are found in government and other organizations plying their profession. Accountants also are there to help individuals deal with their finances and, especially, their taxes. While there are similarities between American and Canadian accountants, there are differences found. Certified general accountants in Nanaimo, British Columbia, Canada, are part of a system that has three specific types with each required to conform to exact requirements in their education, examinations and work experience.
Certified General Accountants (CGA)
Certified general accountants in Nanaimo and across the rest of Canada are individuals who are professionals in the field of accounting that possess an expertise in the fields of:
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Auditing
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Business leadership
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Business strategy
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Finance
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Management
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Taxation
To become a CGA, you must meet the educational requirements as provided and implemented by the Certified General Accountants Association of Canada (CGA-Canada). Founded in 1908, this body governs professional certified general accountants in Nanaimo and across the entire country. It is also responsible for students in Canada and in approximately 100 other countries.
The CGA-Canada governs the educational requirements. These are updated with regularity in order to ensure the students and professional CGAs are current with the latest developments in legal aspects and technological advancements and applications. To be a CGA, an individual must:
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Enter and finish the CGA Program of Professional Studies
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Obtain a bachelor’s degree in any discipline although economics and management studies are beneficial
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Obtain experience in the workplace
Moreover, to retain the position, a CGA is expected to attend and complete 120 hours of professional development. This means he or she must attend appropriate seminars, workshops and/or related sessions.
Other Levels in Nanaimo BC Accountants & Business Management Services
Besides CGAs, there are other levels in Nanaimo BC of accountants & business management services. You may want to consider hiring or even becoming a chartered accountant (CA). He or she must become a member of the Canadian Institute of Chartered Accountants. This organization was incorporated in 1902. An individual who wants to become a CA must also be have spent sufficient time with a public firm.
Another type of accountant is a certified management accountant (CMA). Their focus is on what is called management or cost accounting. They may also spend time handing other aspects such as:
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Strategic planning
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Sales
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Marketing
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Information technology
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Finance
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Human resources
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Operations
To receive the proper designation as a certified accountant management, you must get into contact with the Society of Management Accountants.
Finding the Right Fit
If you are interested in finding the right accountant for your firm, or even plan on becoming one, make sure you talk to the right people. It helps if they offer you the different types of accountants available. This is true at such quality firms as Business Name. Their team of accountants, their qualifications and their professional memberships say it all.
If you are looking for professional Certified General Accountants in Nanaimo , consider the services of Business Name, CGA, CFP. The quality of their conventional and online services continues to make them leaders in their area of expertise. To discover more about who they are and what services they offer, visit them online at