Accounting designations are among the most beneficial professional credentials you can list on your resume.
If you are considering a career in accounting you need to decide on a designation. Salary and potential career growth can vary per accounting designations in Canada. Your accounting designation is one of the most powerful credentials on your resume and can help you secure a career in accounting.
As well, signing with a credible temp agency can help you find a profitable accounting career. However, choosing a designation is the best way to advance your career. The following article will give highlight the different accounting designations to help you choose the one that will be most beneficial for your career.
Accounting Designations Canada
Different accounting certifications in Canada open the door for a wide number of career choices and others are designated for specialized careers. Your interests and career aspirations will help you determine which designation you choose.
Certified Fraud Examiner (CFE)
Due to the increase in company fraud, the demand for CFE account designations in Canada is rapidly increasing. In this field, you will focus on dealing with identity, investigation, and preventing fraud.
Certified Information Systems Auditor (CISA)
This license designates a specialized license in a specific area of accounting. If you choose to purpose this particular designation from the Information Systems Audit and Control Association it will further your skills in areas such as security, auditing, and information systems control.
Chartered Financial Analyst (CFA)
This specialized field of accounting deals with portfolio management and investment analysis. The comprehensive exam for a CFA certification consists of three different levels in regard to various topics including, but not limited to, money management, economics, and ethics. These exams must be passed before you can obtain your CFA license. One of the main advantages of this type of accounting designation is that is recognized globally. CFA agents can branch out to careers in consultation or research animals. This license will only further your skills as a portfolio manager.
Chartered Global Management Accountant (CGMA)
If you wish to pursue a career as a management accountant, a CGMA license is the path to choose. This designation is also globally recognized. However, the requirements vary according to the sponsoring institution These are the Chartered Institute of Management Accountants (CIMA) or the American Institute of CPA (AICPA). Members of CIMA automatically qualify.
Chartered Professional Accountant (CPA)
As one of the most popular accounting designations in Canada, a CPA will give you the opportunity to pursue a career in management consulting/accounting, financial reporting/account, management consulting, auditing, and a wide variety of other career paths. Once you have successfully completed the required hours of education and work experience. As well, you will need to pass the Common Final Examination (CFE) which will determine your skill level in areas such as forensic accounting, compliance, and so forth.
Contact Team Global / MSM for more detailed information regarding the above accounting designations in Canada. We can help you pursue a career in your chosen field for accounting or finances.