In addition, Pre-Approved Program Leaders in the External Audit program must:
- be a member in good standing with CPA Ontario
- sign-off on chargeable hours for future CPAs pursuing public accounting
- certify that future CPAs were under the overall supervision of a licensed public accountant for their chargeable hours
- have a licence to practise public accounting (at least one Program Leader in each program must meet this requirement)
Employers must have Pre-Approved Programs in External Audit approved by CPA Ontario to qualify. Chargeable hours and experience gained through Outside of External Audit programs or experience gained through self-employment do not qualify under any circumstances.
Upon achieving the CPA designation, CPA Ontario members who have met the requirements outlined above can apply for a licence to practise public accounting. An application for a public accounting licence will be considered based on the bylaws and regulations in place as of the date the application is received.
Not currently eligible to obtain a licence to practise public accounting? Learn about the Post Designation Public Accounting (PDPA) Program