Is It Possible to Move to Canada for CPA Canada as an ACCA Graduate?

Your background as an ACCA graduate who completed your master’s degree from Australia in 2019 certainly adds value to your qualifications. However, it's important to understand the nuances of immigration and professional qualifications in Canada before you make a move. This article will guide you through the steps and requirements to consider.

Immigration Prerequisites

First and foremost, obtaining permanent residency (PR) in Canada is a critical step. Your degrees and qualifications, while impressive, are not automatically qualifying you for immigration. The immigration process varies depending on the country where you currently reside and the specific program you apply for (e.g., Federal Skilled Worker Program, Express Entry).

Applying for PR

To apply for PR, you will need to meet the eligibility criteria set by Immigration, Refugees and Citizenship Canada (IRCC). This includes, but is not limited to:

Proving proficiency in English or French (or both, in some cases) Holding a stable employment offer in Canada or meeting the CRS (Comprehensive Ranking System) score in Express Entry Having no criminal record Meeting mandatory health and security criteria

Qualifications and Credits for CPA Canada

Once you have obtained PR and the corresponding work permit, you can start focusing on achieving the professional qualifications necessary to work as a CPA in Canada. CPA Canada is the primary professional accounting designation in Canada, and it is essential to understand how your previous qualifications can be recognized.

ACCA and CPA Canada Credits

ACCA and CPA Canada have agreed to a Credit Agreement in 2021, where ACCA members can earn some exemptions from CPA Canada's examinations. However, you need to verify with CPA Canada directly to determine how your 9 paper exemptions from ACCA will translate into Canadian credit equivalencies. Here are the steps you need to take:

Submit your application for recognition via the CPA Canada website Provide a detailed portfolio of your ACCA studies and qualifications Meet with a CPA Canada counselor for an assessment

Strategic Planning for Your Move

While you work towards obtaining PR, here are some strategic steps you can take to enhance your chances:

Identify a province or territory in Canada that suits your career goals Consider taking relevant courses or gaining additional work experience Stay updated with immigration policies and apply for Express Entry if eligible

Conclusion

Moving to Canada for CPA Canada as an ACCA graduate is achievable but requires careful planning and research. Ensure that you understand the immigration process and the impact of your qualifications on the CPA Canada pathway. By following the steps outlined above, you can streamline your journey to becoming a CPA in Canada.

Stay informed, stay persistent, and good luck on your immigration and professional journey!