Brock University’s Goodman School of Business has become the first business school in Ontario to be accredited at the Master’s level by the Chartered Professional Accountants of Ontario (CPA Ontario) under the new National CPA Accreditation Program.
The achievement means graduates of Goodman’s CPA-accredited program get direct access to the CPA Common Final Evaluation (CFE) FE, which is the national qualifying evaluation for CPA designation.
The accreditation was given for Goodman’s proposed CPA pathways, delivered through a combination of the Bachelor of Accounting (BAcc) and Master of Accountancy (MAcc) degree programs, based on its substantial equivalence to the new CPA Professional Education Program (CPA PEP). Students enrolled in the accredited CPA Pathway will also be able to complete paid co-op work terms with public accounting firms, government agencies and public and private sector companies while completing the BAcc component.
The CPA accreditation builds on Goodman’s longstanding relationship and the BAcc’s legacy accreditation with the Institute of Chartered Accountants of Ontario (CA designation) and the Society of Management Accountants of Ontario (CMA designation). Goodman’s success with both these legacy bodies, and its reputation as a leader in accounting education, makes Brock uniquely poised to ensure success for students seeking the Chartered Professional Accountant (CPA) designation.
“This accreditation speaks to the quality of our accounting programs and our national reputation for accounting excellence,” says Don Cyr, Dean, Goodman School of Business. “The CPA will produce Canada’s top professional accountants, and we’re proud that future Goodman graduates will join our successful alumni already working in the field.”
The new CPA designation will unify the Canadian accounting profession and create a globally recognized professional accounting designation with a single set of high ethical and practice standards. The proposed national certification program requires a rigorous professional education experience for all future CPAs. The Goodman School of Business worked closely with CPA Ontario to adapt its existing BAcc and MAcc to the new CPA requirements.
“CPA Ontario is proud of its longstanding partnership with the Goodman School of Business and CPA Accreditation ensures that its graduates will continue to be in high demand”, said Brian Leader, FCPA, FCA, CPA Ontario’s Vice President of Learning. “CPA Accreditation includes rigorous standards that were in many cases exceeded. Dean Cyr and the entire faculty, as well as current and prospective students should be extremely proud of that.”