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Practice Details

1

Providing alternative ways to meet requirements

Classification: Non-Health

Regulatory Body

Institute of CHARTERED ACCOUNTANTS of Ontario

Institute of CHARTERED ACCOUNTANTS of Ontario

Description

This practice addresses the challenges that many internationally trained applicants experience concerning the length of the licensing process.

The Institute of Chartered Accountants of Ontario created a new membership pathway for internationally-trained accountants who have worked in an accounting or business environment for twelve years, five of which were at a senior level.

The Evaluation of Experience membership pathway offers qualified applicants a chance to show that they have developed necessary knowledge and competencies. They do this by providing documents and answering "evaluation questions." Applicants are required to prove that they hold an approved international accounting designation and to respond to six questions designed to demonstrate their ability to process the complex issues expected of a chartered accountant.

Value to Regulator

  • Helps to accommodate diverse needs of applicants.
  • Makes registration process more efficient and less complicated; timelines are improved, unnecessary steps are eliminated, use of resources is optimized.
  • Helps to prevent potential for unintended or differential impact on non-traditional applicants.

Value for Applicants

  • Resources and alternative ways to meet registration requirements are available to applicants.
  • Enables applicants to meet registration requirements in more efficient way; process is streamlined and registration requirements are relevant and fair.

Duties from Registration Practices Assessment Guides

This practice falls under the following duties from the Registration Practices Assessment Guides:

  • Fairness
  • Fairness

Profession's Membership Size

Large (more than 10,000 members)

Date of publication:

Jun 04, 2013