FAQ
  • Q1.What subjects are qualified?
    Encompass subjects relevant to a Member’s employment or career and subjects that will increase the general skills or expertise of a professional accountant. For example: Accounting, auditing, bankruptcy, behavioral and social sciences, budgeting, business and management theory, business communication, business law, business valuation, capital expenditure decisions, credit management, economics, estates and trusts, financial management, human resource management, industry understanding, information system and EDP, insurance, interpersonal skills, investment management, labor and personnel relations, marketing, personal financial planning, public practice management, risk management, statistics, taxation, and treasury management. Qualified subjects also include language if it is relevant to a Member’s current employment. Other activities such as attendance at course, seminars and technical sessions qualify as continuing professional education; participation in special interest groups and self-study may also qualify as continuing professional education.
  • Q2.How many hours do I need?
    Every member needs a minimum 60 hours verifiable and a total of at least 120 verifiable and non-verifiable hours in a 3 year period, starting with 2007-2008-2009.
  • Q3.Is there any minimum number of hours that I must get each year?
    There is no minimum number of hours that must be earned each year, but it is recommended that you complete approximately 40 hours per year, of which 20 hours are verifiable.

    Every member needs a minimum 60 hours verifiable and a total of at least 120 verifiable an a non-verifiable hours in any 3 year period, after the initial 3 year period.

    For example:


    ACCEPTABLE 2007 2008 2009 Totals
    Verifiable 30 9 21 60
    Non-verifiable 30 20 20 70
    Total Hours 60 29 41 130
             
    NON-COMPLIANT 2007 2008 2009 Totals
    Verifiable 20 10 25 551
    Non-verifiable 20 20 20 60
    Total Hours 60 29 41 1152


    1 Verifiable hours are less than the required 60 verifiable hours in a three-year moving total; therefore the member is non-compliant.
    2 Total hours are less than the required 120 hours in a three-year moving total; therefore the member is non-compliant.
  • Q4.Why Do I have to take CPD?
    The Code of Ethics, in order to protect the public, provides that when you call yourself a CGA, you are qualified through successful completion of theory and practical application. The code further states that in order to keep your registration, a member must maintain and report their CPD.
  • Q5.What are Verifiable Hours?
     
    Verifiable - "objectively confirmed or corroborated by a competent source". Examples are:
    * Course outline, teaching materials;
    * Attendance records, registration forms or confirmation 
    of registration from providers;
    * Confirmation by an instructor,mentor or tutor of 
    participation;
    * Confirmation by an employer of participation in an in- 
    house program;
    * Independent assessment of learning outcomes and/or 
    performance objectives achieved;
    * Publication of a professional article or the results of 
    a research project;
    & Other qualification or certification etc
     
  • Q6.What are Non-verifiable hours?
     
    Non-verifiable includes independent study using published learning materials (e.g .study manuals, video or course CD without an assessment process) and other forms of self-directed learning such as:

    * Technical reading or self study of published materials
    * Major change in job responsibilities and major 
    involvement in special projects (NOTE: members may apply 
    for this activity to be considered verifiable if 
    supported by an appropriate independent assessment.); or
    * Undertaking non-remunerative responsibilities asan 
    officer or committee member of a professional or NGO 
    that results in learning new skills.
     
  • Q7.How are hours calculated?
    Hours are calculated based on an actual number of contact hours. Short breaks that do not exceed more than 10 minutes per hours of the activity may be included. Full hours only are to be reported, rounding less than 30 minutes down and 30 or more minutes up. Example: A 75-minute presentation should be rounded as one hour; a 90-minute presentation may be reported as 2 hours.
  • Q8.How does the credit system work?
      Every member needs 120 hours in any 3 year period, after the initial 3 years. It is a rolling total.

    In 2009, hours obtained in 2007,2008 and 2009 = 120 hours of which 60 hours must be verifiable

    Deadline for submission is March 31 each year.

  • Q9.How long do I have to report Continuing Professional Development(CPD)?
      You must continue to report CPD for as long as you are working and registered as a full member of the Association

  • Q10.Where can I find informatin on courses?
    CGA posts its seminars regularly on the CGA website, and provides notices by e-mail. Other educational institutions regularly publish calendars for day, evening and distance learning. Private seminar providers do regular mailings, and generally have websites available as well. Employers often provide learning opportunities.

    There is a link from CGA Online's website to the CGA Canada PD Net at https//www.cga-network.net/pdnet/ and other links are available from the PDNet.
     
  • Q11.Do I have to take courses organised by CGA?
    Not necessarily. Members can attend in-house training programs, courses organised by educational institutions, professional bodies.
  • Q12.Do I have to do CPD if I move to another province?
    Yes, you do. All CGA affiliates are harmonized, and members in each affiliate have the same system of 120 hours in three years, of which 60 must be verifiable.
  • Q13.What happens with my hours if I move to another affiliate?
    Your hours go with your file to your new affiliate.
  • Q14.How long do I have to keep my information and supporting documentation?
    You must keep this information for five years to support your claim in the event it is audited.
  • Q15.What if I do not have enough hours for the year or for the cycle?
    You must provide an action plan as to how you will make up the shortfall in the current calendaryear when you make your declaration. Hours taken in the current calendar year to make up the shortfall will be applied to the prior year.