EDMONTON, July 29, 2016 /CNW/ - Alberta's Chartered Professional Accountants (CPA) are celebrating the collective achievement of 194 new students who have reached a career milestone: passing the national CPA Common Final Examination (CFE). The CFE is a comprehensive, rigorous, multi-day examination which all candidates seeking to become CPAs must pass in order to receive their designation.
Among those 194 successful individuals, seven individuals distinguished themselves in their writing of the exam, placing on the National Honour Roll. As well, Betty Bai Xin of Capital Power in Edmonton was recognized as the CPA Canada Gold Medalist for her exceptional performance on the CFE. (The full list of National Honourees is included in the Backgrounder accompanying this release.)
"All Alberta CPAs are tremendously proud of the success of our CPA candidates on the May CFE," said Rachel Miller FCPA, FCA, CEO of CPA Alberta. "All of the successful writers have taken the next step in their professional careers and can look forward to a bright future. Betty's remarkable achievement, and those of her fellow honourees, is indicative of the knowledge and skills that these future professionals already hold, early in their professional careers."
In order to qualify for the CPA designation, Alberta students must complete rigorous course work through the CPA Western School of Business, pass the CFE and complete 30 months of practical experience with an Approved Chartered Professional Accountant Training Office. Once they have completed all of these steps, they will obtain their CPA designation.
"The CPA Western School of Business extends congratulations to the 411 western Canadian candidates, including the 194 in Alberta, who were successful on the May 2016 CFE," said Steve Vieweg FCPA, FCMA, CEO of the CPA Western School of Business. "Through course work and in passing this rigorous exam they have demonstrated the technical skills, professionalism, and business acumen expected of new CPAs. We wish them the best as they continue in their careers."
The CPA designation is Canada's pre-eminent business and accounting credential. CPAs are world-class strategic business experts, helping organizations succeed in every industry and level of business. CPA Alberta is the professional organization representing more than 28,000 CPAs across the province, with the goal of protecting the public interest and promoting the value of the CPA designation within Alberta.
National Honour Roll List
Congratulations to the following seven individuals whose exceptional performance on the CFE led them to be named to the National Honour Roll.
Betty Bai Xin; Capital Power Corporation, Edmonton
Betty was also named the CPA Canada and CPA Western School of Business Region Gold Medalist.
Baasit Ali; Ernst & Young, Calgary
Jon Faber; Pason Systems Inc., Calgary
Melanie MacFarlane; Mancal Energy Inc., Calgary
Mary McPhail; Westmoreland Coal Company, Edmonton
Jon Tanner; Comco Pipe & Supply Company, Edmonton
Mike Wong; Edon Management, Calgary
SOURCE CPA Alberta
For further information: Media Contact: Gordon Turtle, Senior Vice President, Communications and Business Development, Tel: (780) 420-2359; cell: (780) 504-8015, Email: [email protected]