They may meet the experience requirement in any business sector and in a variety of fields. The work experience options available to students are exceptionally varied. Students can work in the private sector, government and not-for-profits, and CGA public practice accounting firms.
Indeed, the scope of opportunity is a key attraction for many students. The resulting breadth of experience is a key attraction for many employers. CGAs maintain their skills through mandatory continuing professional development, and are governed by a comprehensive code of ethical principles and rules of conduct. Name required. Email required. Please note: comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.
Notify me of followup comments via e-mail. Written by : sharmila. User assumes all risk of use, damage, or injury. You agree that we have no liability for any damages. The following are some points worth mentioning about the CGA program: People who are interested in CGA programs can also study through correspondence.
Summary: 1. Author Recent Posts. Latest posts by sharmila see all. Help us improve. Preparation takes years and to pass the UFE is a great achievement. CAs must article within industry as part of their designation, often working long, grueling hours.
The certification and education process to become a CA is by far the most comprehensive of the accounting designations. CAs have a better chance of climbing the corporate ladder because they can perform all levels of accounting duties, and CAs can work in a wide range of fields, including business, finance, and public practice. To become a CGA, one must also complete certain levels of education and experience. A CGA candidate must also complete an undergraduate degree, though not necessarily in commerce.
CGAs, like CMAs, will be more limited in the jobs they can have, due to the comprehensiveness of their education programs. CGAs can work in finance, government, and public practice, among other industries. I will just give you a very, very brief breakdown about how to get each designation. You can easily do a google search if you want something more detailed.
To get a CA, you need to do your undergraduate in accounting in one of the CA approved institutions. Everyone is required to write the challenging 3 day UFE and pass which marks the end of the formal education. Of those 3 years, you must have a certain number of hours in each field such as audit, tax, etc. Then you have to pass the CMA entrance examination and go through the strategic leadership program. In the strategic leadership program you will need to pass the case and group project.
You will also need to have the work experience. For a CGA, you will need an undergraduate in any field. There are about 2 years worth of CGA courses that you must take through correspondence. There is an extrance exam and usually years of work experience.
Note there are exceptions to the exact requirements of each designation. This information is easily found on google. Pros: Out of the three designations, the CA is the most internationally recognized. The CFA which I will talk about in future posts is actually an even better international designation. There is no arguing here. So if you are planing to work internationally, the CA will bring you more benefits than the other two. Think about it like this. The major con of the CA designation is the time investment and torture you must go through to get it.
Also the fact that the CA designation is very narrow and focused in terms of what you do to acquire it. We are only talking about the top top level positions. Pro: For a CGA designation, it is the easiest to get out of the three designations.
On a cost benefit analysis, the additional boost in money you get compared to the time investment is very nice. If you have no interest in climbing the corporate public ladder, I highly recommend the CGA. It is a nice credibility booster.
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