My girlfriend graduated from a US university, but will have to move to Canada because of Visa issues, is it true that she would need to re do her bachelor’s in order to be a licensed accountant in Canada?

Navigating Accounting Credentials: What to Know When Moving to Canada

Relocating to a new country can bring a host of challenges, especially when it comes to professional qualifications. One significant concern for individuals looking to continue their careers in Canada is understanding the requirements for their specific field, particularly in Accounting.

A prime example involves a recent graduate from a reputable U.S. university who now faces the prospect of moving to Montreal due to visa issues. As a Canadian permanent resident, she was eager to establish her professional path, but her aspirations were met with a daunting realization: for her to practice as a licensed accountant in Canada, she may need to restart her education.

Despite earning her degree from a top-tier institution in the U.S., completing the required 150 credit hours, gaining substantial work experience at one of the “Big Four” Accounting firms, and even passing two CPA exams, she was told that these qualifications might not directly translate into the Canadian accounting landscape.

This situation raises an important question: Is it truly necessary to redo a bachelor’s degree in Canada to gain accounting licensure?

The answer isn’t straightforward and largely depends on several factors, including the specific province in which she plans to work. In Canada, each province has its own regulations governing the accounting profession. While some may require additional coursework or a full re-evaluation of her previous credentials, there might be alternative pathways available.

For instance, instead of embarking on a full degree program, she could explore options such as the Common Final Examination (CFE) after meeting the necessary prerequisites. This exam is a critical step for those wishing to become designated Chartered Professional Accountants (CPAs) in Canada. Additionally, some provinces offer bridging programs that allow internationally trained accountants to update their skills and knowledge without having to restart their education completely.

As the nuances of accounting licensure can be complex, it’s advisable for her to connect with provincial accounting bodies for guidance. They can provide detailed information on credential assessments, supplementary courses, and any exams that she might be eligible to take. Engaging with professionals in the field or joining local accounting associations could also offer valuable insights and support during this transition.

In summary, while the road to practicing accounting in Canada may seem convoluted, there are often multiple avenues to explore. With determination and the right resources, it’s possible for her to leverage her existing qualifications and experience, ultimately allowing her to thrive in her chosen profession.