Mon | Oct 23, 2017

EY Jamaica strikes gold

Published:Sunday | December 11, 2016 | 12:00 AM

Chartered Professional Accountants of Canada (CPA Canada) has approved Ernst & Young (EY) Jamaica to be the first employer outside of Canada to offer a pre-approved training programme.

The pre-approved programme is a practical experience route designed to provide aspiring Canadian CPAs opportunities to achieve the required competencies in a work environment under effective supervision and mentorship that has been pre-approved by the CPA profession.

The practical experience requirements are a critical component of the CPA certification programme that provides an essential supplement to the CPA Professional Education Programme and the Common Final Examination.

"The initiative is a win-win for all involved," explains Nancy Foran, CPA Canada's vice-president. "The students receive real-world work experience, while the employer and the profession benefit from the talents and abilities of the individuals seeking their Canadian CPA designation," she added.

Foran noted that other firms are expected to participate as well.

Allison Peart, Jamaica country managing partner and tax partner, is credited as the driving force to have the local EY office participate and will take on the role of the preapproved programme leader.

"There is value in providing our community with options when it comes to choosing an accounting designation," says Peart.

"The Canadian CPA offers its holders true global recognition and skills that go beyond technical competencies. It is, therefore, an honour to be among the first to tangibly recognise that value and to put systems in place for everyone to benefit," Peart explained.