HOW TO BECOME A CPA | 12 FAQs |EVERYTHING YOU NEED TO KNOW ABOUT CHARTERED PROFESSIONAL ACCOUNTANTS

Hello Everyone,
Watch this video till the very end to get all the gist about becoming a CPA in Canada.
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Leave me a comment if you learned anything, or to share your insight too.
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I am Betsy Oji-Ofoegbu, a wife, mum, immigrant and chartered accountant based in Kitchener, Ontario.
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Betsy
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[@coachbetsy]

In this video , I attempted 12 questions typically asked by Accountants relocating or settling in Canada. Pls ask your further questions if not answered or share experience in the comments too! 😁 Like & Share too !

[@TomasManuel-gh6uy]

Obviously CPA exam has been a pain in my ass that won't bother me any longer I have gotten my license already thanks to you Mr Dylan God bless you more cuz you made it possible for me

[@pandaj1-u4c]

Am sorry for that some people also go through difficulties, just be patient and keep studying

[@OliviaAvarado]

I saw someone say he is not trustworthy i couldn't stop laughing, really people say a lot of shit these days.

[@weythsdghgdseywt]

People keep talking about Dylan all over KZbin,he must be a very awesome help.

[@InesTeresa-l3p]

Yes you're correct but remember heaven helps those who help themselves, try studying if you can't study then get yourself a good help

[@LorenzoAndres-cx9el]

I studied for months and couldn't pass, I guess passing is a blessing

[@rg5806]

Very less Nigerians do CPA Canada. You are brilliant.

[@coachbetsy]

Need a career mentor? strategy for your professional exams?Reach out to me for a BOOSTwithBetsy Session! tr.ee/rwpSHmfiIo [e-mail]

[@Rick3795]

Thanks for your encouragement. I finished my ACCA finally

[@coachbetsy]

Wow! Congratulations !!!!

[@olubukolasogbein4609]

Thank you so much for this video. It’s super detailed, explicit and straight to the point.

[@Nnenna_O]

Thanks for listening to Betsy 👏

[@user-hy9yn2je9i]

Hi betsy, thanks for this insightful information, im an ACCA member migrating to Canada as PR in 2024, and this has really helped me; if i can easily get a job with my ACCA, then its worth waiting for renewal of MRA and rather pursue other certifications like CFA.

[@blessingobi8063]

I enjoyed watching this video,despite is not my field, well done beautiful Sis 👏🏻❤️

[@coachbetsy]

Wow thank you Sis

[@kellymbaka2781]

Hello, pls what if I have a bachelors in accounting, but no further certification? I wanna do my cpa here in Ontario.

[@comfortadeoye5050]

Thanks so much

[@ashleynorthover5084]

Great video! this was helpful!

[@soyinkasotimehin6438]

Really insightful Betsy… Thanks 👍🏾

[@coachbetsy]

Thanks so much my G!

[@akeemping3054]

I’ve been looking for this particular content.

[@patienceibeoyibo1776]

Very Insightful. Thank you for sharing!

[@coachbetsy]

Thanks Ibe 😀

[@charles9625]

Thank you Betsy! Very informative video 😀

[@coachbetsy]

Thanks for watching ! Glad I could help

[@kateajayi703]

Thank you Betsy! 👏 3 years is such a long time. Can the ACCA MRA be reinstated please 😩

[@coachbetsy]

I know right!!! I hope they do so cos mehn!!!🥲

[@alishahhussaini728]

If i do MSc in Professional Accountancy after being ACCA member, and then apply for CPA Canada, would CPA Canada give me full exemption of all PEP modules/papers?

[@francoisnarrainen6413]

Thank you Betsy, i have my ACCA and want to go to CPA now, question is US CPA or Canadian CPA ? US is way cheaper ($3k va $13k) its shorter (4 exams vs 7 exams) and you just get the same designation to an employer, am not interested to be a tax expert just need the designation to work, thanks !

[@coachbetsy]

Depends on where you want to work? Canadian employers are flexible to accept US CPA at least to certain levels.

[@bobojo8591]

Hi Do you have any advice for those who might be moving with a part qualified qualification like an affiliate or someone still studying the exams and who has non relevant experience? Please advise.

[@shahbanobangash8931]

Anything in the talks to reinstate the MRA? Between ACCA and CPA ??

[@coachbetsy]

Unfortunately none to my knowledge.

[@nadiaba6418]

Hi Betsy, thank you for your video am a mum also from Africa ,I have to acca technician ,I am thinking of taking cpa ,do they give like a frame time to finish?what advise would you share with me.

[@crownahmadu5912]

YOU keep saying you challenge core 1, core 2........does not mean writing exams, or how do challenge the stages?

[@coachbetsy]

Yes, take exams to validate that you dont need the modules

[@tithijangid9881]

Hii can we do CPA with MBA. I am MBA student from Canada. I am confused if we can do that or not. Would really appreciate if you can guide me here.

[@lassohookin1208]

Good day. I am a Qualified Chartered Accountant in South Africa and am aware there’s an MRA in place with canada. How can I emigrate to canada, do CPA and secure PR in the process. Thank you

[@nehasamuel1239]

Hi Betsy, do you require work experience if you want to start with CPA Pep or CPA Prep? I have a bachelor of commerce with finance and taxation UG degree, and I'm part qualified in ACCA. I'm planning to go to canada in 2024 however, I realize that ACCA is no longer recognized there so I was thinking of pursuing CPA Canada and I think I might have to start from CPA Pep but I have only 6 months of work experience.

[@minorbarquero3534]

Thank you a lot.❤

[@Jannahwife]

Thank you

[@morenysoet]

Thank you for this. Please what can you advise about MBA in canada? Highly recognised MBAs in canada tailored towards industry needs. Thank you

[@dakshithalenadora5677]

Thank you for the video! I have a question : There is a MRA between CPA Canada and CIMA for CGMA designation holders. However no information on whether you are eligible for CPA exemptions for individuals who have completed CIMA exams but yet to receive their CGMA designation (by completing the practical experience requirement). Does anyone know if there is any path for CIMA exam completed individuals who are yet to to obtain CGMA?

[@shubhparikh1306]

Hi Betsy, do you believe the MRA between ACCA and CPA Canada will be renewed anytime soon ?

[@catliu7856]

Hi Betsy, I have a business degree from HKU with a major in Finance. Is a transcript assessment by CPA Ontario necessary in order for me to waive the PREP? Or coz my major is finance NOT accounting, hence it will not be useful for me to do the transcript assessment? Many thanks.

[@princeobeng9399]

Thanks for this educative video. If I’m a qualified chartered accountant from the institute of chartered accountants Ghana, can I directly apply to WES and will my Ghanaian certificate earn me extra points in my application?

[@viveksingh-lu6ti]

Can we give CFE before completing our practical experience?

[@slrahman8723]

How CPA body teach? Is it personal learning and appear on exam? Or are subjects are teaching on school?

[@favourfrancis9792]

Hi Betsy!! So I’m ACCA certified and is planning to immigrate into Canada via CPA study permit (CPA WSB is a DLI, and so they can issue an appendix to apply for a study permit). My problem is, courses offered by CPA WSB and B.C are not eligible for PGWP, so even if I proceed, come into Canada, and is eventually CPA certified, I will have to leave Canada, I can’t work and then later on apply for PR. Please could you advise on a better immigration route whilst still able to pursue CPA and get a PGWP afterwards.

[@coachbetsy]

How about a 2year course eligible for pgwp???

[@popoolaoluwatayomi3692]

Hello , thanks for the video, a quick question for someone who came into Canada, what do you advise should the person do acca or cpa. Afterall, I have exemptions for first four exams in acca already, planning to do the next diet exam.Should i just go ahead with it or register for cpa, Can you write cpa exams as a visitor in Canada?

[@trekrobben6896]

Hello, thank you very much for the enlightenment. Can you get an accounting job with just the post graduate degree or master in accounting ?

[@Financialfocus-123]

Hey how can reach out to you?

[@roughtough5901]

Those who got cpa from the mra with acca , r in a for a rough ride in canada , all employers know how you got cpa ,they will not give u any jobs or interviews better do the cpa exams

[@drmanny39]

Hey so in South Africa you have a 3 year degree Accounting science , plus one year 1 year postgrad diploma then you do internship/articles for 3 years . My question: if I've finished the undergrad 3 year accounting science degree which majors in tax audit management accounting and financial accounting , do I also have to start at the prep level ?

[@mz_ayishaa7340]

I am a science student but always wanted to change to commercial. I got a job in a bank in commercial banking as an account officer and I am loving it so much, even with the stress. At training school, I did well. Should I pursue accounting? I am now thinking is accounting different from my experience in the bank?

[@coachbetsy]

Yeah, I think you genuinely love business field. You may pursue it by giving it a few years, knowing that you are always allowed to change your mind.

[@jeandjossou3676]

Nice vidéo ✨

[@Keepcool233]

i'm in process of defining my CPA pathway, submitted the official transcript and all that stuff. is there any recommendation please for best cheapest materials to use for CPA preparation ? thanks

[@coachbetsy]

CPA provides you the materials through Knotia once you are fully registered. Just wait on them.

[@perfectbeauty6718]

Hey I have done my bachelor in commerce from india I want to do CPA whats next ???

[@ucheomachimdinma4900]

Hi Betsy. Thanks for this video. I have a few questions. Please, can one write the CPA exams if they are not physically present in Canada? Also, the three(3) years you mentioned is it for one starting from the scratch or for an ITA? Thank you.

[@coachbetsy]

Not yet, it is still held physically here.

[@Frankie_Content_Worldwide]

Hi Betsy, Would you still need to undergo a 30 month practical experience requirement in Canada before becoming CPA or your ITA experience from a foreign country can already make up for that? Secondly too what is the average time for completion of the CPA course if you already have an ACCA ?

[@coachbetsy]

No. Practical experience from other countries is valid. Average 2years

[@dees900]

Is CPA canada internationally recognised like ACCA or CPA US? Would you suggest somebody from an engineering & data science background to go through the CPA process? Is it required for roles such as a CFO or corporate strategic financial management?

[@coachbetsy]

These questions were answered in the video. Yes it is definitely recognized. For the latter, A CFA may be better suited for SFM.

[@onwuchekwavera8037]

Hi Betsy, I am not yet a chartered accountant but I’m currently in my final stage of ICAN and I’m going to Canada for school very soon. What should I expect if I want to take an exam as a graduate of accounting without being chartered?

[@coachbetsy]

You will need to go the specific CPA website to know this. The video is generic.

[@scholarlyanalyst7700]

@@coachbetsy What sounds harder to your "ears"? 1. CPA or 2. Masters Degree in Statistics?

[@chukwuemekanwokwule7771]

What will you advice on an Accountant graduate from Nigeria University who's 30 years. Any need to pursue more license base on job opportunities or face I.t courses which am already good at?

[@coachbetsy]

IT seems about right if practising Accounting is no longer desirable.

[@pbiswas0]

Hello ma’am, I’ve completed my undergraduate program(4 years) from a reputed private university in Bangladesh. Now want to go for CPA canada. Am I eligible for CPA PREP or have to go for 1 years masters. Thanks .

[@coachbetsy]

Kindly reach out the specific CPA body you intend to join for specific cases like yours.

[@animeshmondal7576]

Very nice❤

[@coachbetsy]

Thank you! Cheers!

[@topelaoye]

Hi Betsy, What do you mean by challenging the exam?

[@coachbetsy]

It’s taking the exam to prove that you know it already… think of an ielts… ie test of what is assumed knowledge.

[@rupok8772]

Hello @Betsy It's been pleasure listening to you. You are amazing. You covered a lot. This is Rupok. I am from Bangladesh. I completed my graduation from public administration department. Though my secondary school certificate and my Higher secondary school certificate were from business studies background . Now i am thinking for pursuing my Master’s in Canada. If i take a Master’s degree from accounting as i was from business studies background in my ssc and hsc. Will i able to sit for CPA exam? Or i can't get admitted in accounting in master's in Canada as i didn't complete my graduation from accounting. What do you think? Give your valuable suggestion. As i want to build my career in corporate sector. What sort of courses is more valuable for me? Please make a video about this. Or please give your opinion. Thanks love from Bangladesh.💙💛

[@coachbetsy]

Thank you for watching. As I am not familiar with your higher diplimas etc, I recommend you contact the admissions department of any Colleges/Unis here in Canada for better guidance . A masters is likely possible.

[@soccerlife5041]

Do ACCAs get exemptions till elective module ?

[@coachbetsy]

No they don’t. You get to challenge the modules though.

[@kalarivenkateswararao4085]

Your total CPA Canada journey time

[@shubhambansal7480]

Hi besty i am looking for professional accounting Diploma in canada which will prepare me for cpa preparatory course i want to know will this diploma get me into b4

[@coachbetsy]

Please google, lots of colleges in Canada for this.

[@bishopbusayo3750]

What about CPA and CIMA do they have an MRA

[@coachbetsy]

Not at the moment, MRA expired in July 2021.

[@africanbrother8662]

Please I just arrived canada from Nigeria, a graduate of economics. Can I apply for cpa.?

[@davidmafuika4193]

Yes but you first have to do preparatory courses since you major wasn't in accounting. For more in info just search CPA PEP Canada.

[@khymanuel3656]

Hi there, I’m a CPA here in the Philippines and will migrate to Canada in a few months as a permanent resident. Just wondering if my CPA license will be recognized in Canada as well. And if not, what are the steps to become a CPA in Canada? Thank you!

[@coachbetsy]

Start with confirming from provincial websites. Details on steps are in the video

[@felixmichael2212]

I believe you, I’ve heard so many Obviously CPA exam has been a pain in my ass, but that won't bother me anylonger i have gotten my license already thanks to you Mr James God bless you more cuz you made it possible for me.

[@amberruby4570]

CPA exam is really difficult and frustrating, i can't believe i failed again after studying so hard

[@chloescarlett5860]

You will pass everyone has their own season, just keep going pray and believe you will receive yours Mr James like everyone has been saying he can be off help

[@carmencamilla5843]

Am sorry for that some people also passed through the difficulties just be patient and keep studying

[@mariapiedad5375]

I'm really sorry about that but i got used to it until i succeeded, i failed 6 times before i finally passed, it would have been 6 but Mr James saved me from failing again

[@jorgehugo5104]

i saw someone say he is not trustworthy i couldn't stop laughing, really people say a lot of shit these days