Agenda Part 1: Professional Guest Speakers Spring Recruitment DAS - - PowerPoint PPT Presentation

Agenda

Part 1: Professional

• Guest Speakers
• Spring Recruitment
• DAS Upcoming Events
• Becoming The Ideal Candidate
• Recruitment Toolkit

Part 2: Academic

• Required Classes – Accounting Major
• CPA Program Options

Part 1: Professional

Guest Speakers

Sophie Bergeron-Leblanc, CPA, , CA

Conseillère, Relève et promotion de la profession, CPA Quebec

Sophie Bergeron-Leblanc, CPA, CA

Employer : The CPA Order Current position : Advisor, recruitment and visibility

• 01. The profession
• 02. Career opportunities
• 04. Academic path
• 03. Salary
• 05. Scolarship – CPA Foundation

AGENDA

THE PROFESSION

01

10

MEMBERS

THE QUEBEC CPA ORDER IS THE 3RD LARGEST PROFESSIONAL ORDER IN QUEBEC Corporate and public sector

75 % members future CPA’s

39 000 5 000

Firms 25%

Composition of members: 46% women 54% men

ARTIFICIAL INTELLIGENCE PRESTIGIOUS DESIGNATION SOUGHT BY EMPLOYERS FINANCE - ACCOUNTING

AN APPEALING DESIGNATION

OPPORTUNITIES TO WORK ABROAD

CPAs are everywhere WHERE DO CPAS WORK?

FIRMS PUBLIC SECTOR FINANCIAL INSTITUTION

NPOs

COMPANIES

ONE DESIGNATION, MANY TYPES OF EXPERTISE!

Controller Financial analyst Tax specialist Forensic accountant External auditor Consultant CFO Account Manager Internal auditor

DIFFERENT BUSINESS FIELDS

Financial services Mines Holding company Aerospace/ aviation Real estate Software Transport Telecommunications Construction Arts and entertainment Hotels and restaurants Agriculture, forestry, fishing Technologie / IT Oil and gas Pharmaceuticals/Chemicals Media, communications Retail business Manufacturing

03

HOW MUCH DO YOU THNIK A CPA EARNS ON AVERAGE?

COMPENSATION

A CPA earns on average… $122,000 per year

COMPENSATION

$58,000 $84,000 $105,000 $122,000 $138,000 $167,000

After 3 - 4 years After 5 - 9 years After 10 - 14 years After 15 - 19 years After 20 - 24 years After 25 years

Source : CPA Canada, 2015

salary right from the start during the internship

04

THE PATH

2 ways to take the program

CPA PROFESSIONAL EDUCATION PROGRAM (PEP)

University Graduate Program

> 24 to 30 credits DESS program > Offered full or part time depending on the university

National Program

> Module-based program delivered by the Order > Part time (16 to 24 months)
 (practical experience in parallel) > Online learning, self-learning, workshops > Modules offered 3 times per year > Personalized coaching

Complete the CPA Professional Education Program

Modules

Core modules

> Financial reporting > Strategy and governance > Management skills > Audit and assurance > Finance > Taxation

1 2

Elective modules

> Choice of 2 modules > Performance management > Finance > Assurance > Taxation

3 4

Capstone module

> Integration of competencies > Preparation for the examination

5 6

Complete the CPA Professional Education Program

CPA PROFESSIONAL EDUCATION PROGRAM (PEP)

COMMON FINAL EXAMINATION (CFE)

DAY 1 DAY 2 DAY 3 > 3 consecutive days > Once per year* > At the same time across Canada > On a laptop computer

Pass the Common Final Examination (CFE)

5 hours Long case study with role

• Assurance
• Performance management
• Finance
• Taxation

4 hours Immersive case evaluation 4 hours 3 to 5 short case studies

* Starting May 2020, the CFE will be given twice a year

Minimum term of 24 months

PRACTICAL EXPERIENCE

Experience acquired during undergraduate studies is processed retroactively (a maximum of 8 months may be accumulated before the PEP begins) Set structure and clear work plan It is a job, not just two years of involvement Full or part time DEMONSTRATE PROGRESS TOWARD MORE COMPLICATED TASKS AND GREATER INDEPENDENCE

Additional criteria for the CPA auditor permit

ADDITIONAL CRITERIA – AUDITOR

Be guided by a CPA auditor mentor throughout a pre-approved public accountancy program Accumulate 1,250 hours in assurance, including 625 hours in audit engagements Choose the taxation and assurance courses during the PEP Pass the CFE with the auditor role

Office québécoise de la langue française (OQLF)

Pour être membre d’un ordre professionnel au QUÉBEC Examen 1) Compréhension orale 2) Rédaction écrite 3) Entrevue verbale L’examen peut se faire n’importe quand avant de devenir CPA Exemptions: 3 ans post-secondaire temps plein en français Diplôme du ministère de l’éducation du Québec

EXAMEN DE FRANÇAIS

SCOLARSHIP

CPA FOUNDATION

The Foundation’s pledge to the CPA profession is to encourage students to stay in school and promote academic excellence

FOLLOW US ON SOCIAL MEDIA

LinkedIn

COMPANY AND GROUP Ordre des CPA du Québec

Twitter

@CPAquebec

Facebook

Ordre des CPA du Québec Devenir CPA

Instagram

Ordre des CPA du Québec

“Like” our “Devenir CPA” Facebook page To find out more about the profession, ask your questions and enter our contests! YouTube Ordre des CPA du Québec

QUESTIONS?

THANK YOU

Carolyn Boon

Senior Manager, Controllers Group, Bell Canada

Carolyn Boon, CPA, CMA Sr Manager – Controllers Group

Canada’s largest communications company

Annual revenue

$23B

Customer connections

19M+

Enterprise value

$78B

1 in 395 working Canadians at Bell

Important player in Montreal

Commited

▪ Bell Let’s talk : major donations ▪ Community Fund: projects from Montreal

• rganizations

Partner

▪ Major cultural and sporting events ▪ Chambers of commerce and associations ▪ Collaboration with large and small businesses

Present

▪ Important employer and well known for the quality and diversity of its jobs ▪ Television, radio and digital media

A national commitment of over $100 million, built on 4 pillars

Bell Let’s Talk mental health initiative

RESEARCH WORKPLACE CARE & ACCESS ANTI-STIGMA

My Career Path: Carolyn Boon

My educational experience:

• Interesting advice from a Career Counsellor (Finance vs.

Accounting)

• Involvement in extra-curricular activities
• Student exchange in Paris

Obtaining my accounting designation:

• Tough decision between CA and CMA

1) 2) My professional experience:

• Experience gained from a small start-up to

now

• My role at Bell in the Controller team

3) Some words from our grads: 1) Bobbi Adler 2) Dante Alfieri

Q&A

Layla Kabbara, CPA, A, CA

Associate, VLT (Valuation, litigation and transaction)

My Background

Education

• Bachelor of Commerce (2013) and Graduate Certificate (CPA,CA) from Concordia

University (2014)

• Passed the 2014 UFE (now called the CFE)
• Received CPA, CA title in August 2016

Career

• Started working full-time at Deloitte in January 2014
• Worked in audit for ~2.5 years
• Joined the VLT Team at Richter in Sept. 2016 as a financial analyst
• Became an associate this year (Jan. 2019)
• Specialize in Business Valuations and Litigation

What do we do in VLT?

Business Valuation

• Tax reorganisations
• Mergers and Acquisitions
• Purchase price allocation (PPA)
• Divorces

Litigation and Forensics

• Breach of contract
• Non-compete agreements
• Shareholder disagreements
• Fraudulent activities (misappropriation of assets, embezzlement)

Transaction Services:

• Perform due diligence (buy-side)
• Provide advisory services (sell-side) – help find potential buyers, prepare CIM (Corporate Information

Memorandum) and negotiate on the seller’s behalf

Life in a Firm

Pros

• Learning is exponential (i.e. you learn so much from your clients that operate in different

industries)

• The work does not feel repetitive and is very challenging
• Potential to climb the ladder quickly and acquire management skills (i.e. manage your own file

and team)

• Potential to work with different people based on each mandate
• Flexible hours and workspace (as long as you deliver!)

Cons

• Higher pressure to deliver on time
• May work longer hours
• May travel (may be a pro for you!)

Spring Recruitment

Spring Recruitment

• Be aware that firms will be actively recruiting starting end of this

month

• full time positions
• Summer Conferences
• How to prepare?
• Order business cards ASAP – VistaPrint
• Polish application packages and get it reviewed with Career Services (6th floor)

Big 4 Summer Conferences: Opportunities to get recruited for Summer 2020 internships & Fall 2020 full-time!

DAS Upcoming Events

Meet The Profs & DAS

Where? Bronfman 2nd Floor When? March 13, 5:30-7:30PM

Big 4 Casual

Where? TBD (Kampai in 2018) When? March 26, 6-9PM

Becoming The Ideal Candidate

What Are Employers Looking for?

• Well rounded individuals
• With a balance between
• School
• Extracurriculars
• Work
• Differentiate yourself through your unique personality

What Are Employers Looking for?

• PERSON A
• GPA: 3.92
• Languages Spoken: English, Basic French
• Extra-Curricular Activities: Tutoring
• Work Experience: Customer Service Agent, Swim Coach
• Hobbies: Swimming, Yoga, Food

What Are Employers Looking for?

• PERSON B
• GPA: 3.40
• Languages Spoken: English, French, Italian
• Extra-Curricular Activities: Frosh, Carnival, MUS, Tutoring
• Work Experience: Computer Specialist, Translator, Cashier
• Hobbies: Politics, Technology

What Are Employers Looking for?

• PERSON C
• GPA: 3.10
• Languages Spoken: English, French, Spanish, Portuguese, German
• Extra-Curricular Activities: DAS, DMLS, Varsity Soccer, Football Coach
• Work Experience: Teller, Cashier, Waiter, Political Researcher
• Hobbies: Sports, DJaying, Graphic Design

Advice

• U0-U1: get relevant experience to share in Fall recruitment
• U2 onwards: find accounting-related job
• What to do now? (take notes!)
• Resume online Template
• Cover letter
• Business cards
• Chat with DAS execs - We’ve been through it!

Recruitment Toolkit

Toolkit

• Update your resume
• Summer conferences will probably require Resume + Cover Letter
• Get your business cards
• Useful resource: Career Services – Alain Villemaire

Part 2: Academic

Required Classes – Accounting Major

Courses (m (more available on dasmcgill.c .ca)

Electives

• Suggested Electives
• ACCT 354 Financial Statement Analysis
• ACCT 452 Financial Reporting & Valuation
• Finance, Information Systems, Marketing Classes
• Possible Electives
• Out of faculty – Ask friends around
• Beware if you go on exchange, make sure your classes are approved by Bcom

Office

CPA Program Options

Your Options

• 1. McGill Graduate Certificate in Professional Accounting
• 2. McGill Continuing Education
• 3. National Program

Path to becoming a CPA

May 2021 July 2021 October 2021 May 2022 F18 SEMESTER W19 SEMESTER SUMMER F19 SEMESTER W20 SEMESTER SUMMER INTERNSHIP F20 SEMESTER W21 SEMESTER CPA SCHOOL SUMMER BREAK WORK CPA SCHOOL Spring Recruitment Accounting related job Fall Recruitment (Sept. 2019) Apply for GCPA CFE (Sept. 2022)

U2 U3 U1

McGill Graduate Certif

ificate in in Professional l Accountin ing (GCPA)

Why Should you apply?

1. Integrative Approach 2. Presentation Skills 3. Success 4. Student Satisfaction 5. Top Quality Instructors 6. Impressive Alumni

School of Continuing Studies

Presenter: Robert Matarasso, CPA auditor, Course lecturer Robert.matarasso@ca.ey.com Not present: Melissa Rosen, CPA auditor, CA, Coordinator CPA Program melissa.rosen@mcgill.ca Please send all questions about the program to Melissa Rosen

Main differences between Desautels and SCS: 1) All courses are held week nights and weekends - no weekday/daytime courses 2) You can work fulltime while doing the SCS CPA program, even the summer you write the CFE – Desautels you need to take 2 summers off work 3) All 4 electives are offered, Assurance, Taxation, Finance, Performance Measurement – Desautels only offers Assurance and Taxation 4) Lower CGPA requirement for program admission 5) SCS program completed over a 24 month period versus Desautels program completed over a 17 month period 6) SCS program starts in September 2019 versus Desautels which starts in May 2019

Graduate Certificate in CPA – Professional Education Fall 2019

CPA Foundations 1

Winter 2020

CPA Foundations 2

Fall 2020 (Take two electives only)

Taxation Performance Management Assurance Finance for CPAs

Winter 2021

Communication and Case- Writing Skills for CPAs

Summer 2021

Capstone 1 Seminar Capstone 2 – Examination Preparation

• Candidates pursuing the CPA auditor designation must take the Taxation and

Assurance electives in Fall 2020

• McGill University’s School of Continuing Studies offers all 4 electives

Admission Requirements

• 1. A) Hold a Bachelor of Commerce with major/honours in Accounting from

a recognized Canadian university with a minimum CGPA of 3.0 on a 4.0 scale. OR B) Hold an undergraduate degree in any discipline from an accredited university AND a Certificate in Accounting or Diploma in Accounting from the School of Continuing Studies, or an equivalent credit program from a recognized Canadian university. Both the undergraduate degree and Certificate in Accounting or Diploma in Accounting must be completed with a minimum CGPA of 3.0 on a 4.0 scale. *We invite you to still apply even if your cumulative CGPA is below 3.0*

Admission Requirements

• 2. Have completed, within the last five years, the following 13 prerequisite

courses as part of the B Com or Certificate in Accounting or Diploma in Accounting with a minimum grade of B-.

Admission Requirements

• 3. Have completed the following 5 mandatory prerequisite courses as part of

the BCom degree or Certificate in Accounting, or Diploma in Accounting. These non-technical competency courses must have been completed within the last 10 years.

• 4. Provide a CV, cover letter and two letters of reference.

Application Process

Website to apply: http://www.mcgill.ca/continuingstudies/prospective-students/apply/graduate- programs

Application deadline: June 1, 2019

Application Process

National Program

Your To-do List

To-do List

What can you do now to succeed in recruitment?

• 1. Polish the following
• Resume
• Cover letter
• Update your Linkedin profile
• Clean up your social media for inappropriate content
• 2. Follow DAS on Facebook & get a membership (10$)!
• 3. Come to our events for free!
• 4. Get involved with Desautels clubs and conferences! – look for the MUS

Winter Involvement Package in March

• 5. Try to find an accounting related job for the coming summer
• 6. Follow firms on social media

Q & A