Types of Accountants in Canada

Types of Accountants in Canada thumbnail
Accountants playground.

Accountants in Canada may have designations that offer a variety of specialties that offer expertise in a variety of different areas of accounting. Each discipline has its adherents and can provide excellent accounting services while some offer value added business consulting or management experience. Which accounting designation is the best for your needs depends on what your business requires or you seek in a career.

  1. Canadian Institute of Chartered Accountants (CICA)

    • The Accounting profession in Canada is broken into at least four groups, the first of which is the Canadian Institute of Chartered Accountants (CICA). Chartered Accountants (CA) are seen to be the highest level of accountant in Canada. They are most often controllers and vice presidents of finance and specialize in senior management, advisory, financial, tax and assurance roles

    Certified General Accountants (CGA)

    • Certified General Accountants (CGA), as their name suggests, are general accountants and are active in all areas of business and governmental accounting. Founded in 1908 they represent some 73,000 accountants in Canada and around the world, mostly in British Commonwealth countries.

    Society of Management Accountants of Canada (CMA)

    • Members of the Society of Management Accountants of Canada (CMA) specialize in all facets of management and measurement and are found throughout manufacturing and auditing. They are experts in process, financial reporting and moving from the theoretical to real-world applications for business solutions.

    Canadian Academic Accounting Association (CAAA)

    • While not a separate accounting designation, the Canadian Academic Accounting Association (CAAA) promotes accounting in Canada and is made up of accounting educators, professional accountants and others.

      The group promotes excellence in accounting research and education in Canada.

    Canadian Accountants

    • Canadian accounting careers can take several paths to management.

      The Chartered Accountant path can lead to the executive suites while the path for the CGA or CMA can lead to division management or business consulting.

      Which accountant is the best fit for a business depends on what the goals may be and it is best to understand the benefits of each accounting discipline before making a choice.

Related Searches:

References

Resources

  • Photo Credit Image by Flickr.com, courtesy of Dennis Wong

Comments

You May Also Like

  • What Are the Different Types of Accountants?

    With an accounting degree, you can pursue a career in auditing, cost accounting, forensic accounting, public accounting, tax accounting, private accounting, trust...

  • Different Types of Taxes in Canada

    Different Types of Taxes in Canada. The Canadian Revenue Agency is the federal tax body, with provinces also maintaining their own tax...

  • About Different Types of Accounting

    This article will de-mystify and simplify one area of common confusion-- the types of accounting most often used. Understanding the two primary...

  • Types of Canadian Companies

    Types of Canadian Companies. Starting a company in Canada requires you to select an appropriate business structure. The size and scope of...

  • Career Levels in Accounting

    Accounting is a rewarding career field with ample opportunity for advancement. If you like numbers and minute details, then accounting could be...

  • Types of Costs in Management Accounting

    Types of Costs in Management Accounting. Management accounting is an internal business function that provides accounting information to department managers, which allows...

  • The Different Kinds of Accounting Jobs

    The Different Kinds of Accounting Jobs. Accounting jobs have a favorable outlook, according to the Bureau of Labor Statistics. Those interested in...

  • Types of Accounting

    Different types of accounting include governmental accounting, non-profit accounting, public accounting, operational accounting and tax accounting. Focus on different ...

  • Types of Accounting Degrees

    Possessing an accounting degree, no matter what the level, helps you obtain and hold a job within the accounting fields. Attending post-secondary...

  • Types of Transaction Cycles in Accounting

    Every business activity can be traced to specific accounting cycles. These cycles are critical when analyzing businesses individually and as part of...

  • Canadian Accounting Schools

    Canadian Accounting Schools. According to the Chartered Accountants of Ontario 2009 compensation survey, chartered accountants with a bachelor's degree in Canada earned...

  • Different Types of Accounting Software Packages

    Different Types of Accounting Software Packages. An accounting application is usually made up of module and disparate sections that deal with specific...

  • What Are the Different Types of Accounting Reserves?

    Companies often must estimate future losses and liabilities. According to GAAP, or generally accepted accounting principles, companies should use the terms "provision...

  • How to Find an Entry Level Job in Accounting

    Accounting is important in every business, because accountants manage the capital, revenue and expenses of a company. Many students are attracted to...

  • What Type of Money Is Used in Canada?

    Comments. You May Also Like. Types of Accountants in Canada. Accountants in Canada may have designations that offer a variety of specialties...

  • The Types of Management Accounting

    The Types of Management Accounting. Management accounting, or managerial accounting, is a type of accounting that analyzes information of a business in...

  • What Are the Different Types of Geese?

    What Are the Different Types of Geese?. Geese can be found all over the world, from Egypt to Canada. Most true geese...

  • Types of House Wire in Canada

    Types of House Wire in Canada. Residential wiring in Canada is governed by the Canadian Electrical Code (CEC). Wire can be either...

  • How to Study Accounting in Canada

    As is the case for studying in any foreign country, a student visa is necessary in order to study in Canada, accounting...

Related Ads

Featured