Job requirements Financial Accountant near Toronto (ON)

Find out what you typically need to work as a financial accountant near Toronto (ON). These requirements are applicable to all Financial auditors and accountants (NOC 1111).

Employment requirements

This is what you typically need for the job.

  • Chartered accountants require a university degree and Completion of a professional training program approved by a provincial institute of chartered accountants and, depending on the province, either two years or 30 months of on-the-job training and Membership in a provincial Institute of Chartered Accountants upon successful completion of the Uniform Evaluation (UFE).
  • Certified general accountants and certified management accountants require a university degree and Completion of a training program approved by the Society of Certified General Accountants or Society of Management Accountants and several years of on-the-job training and Certification by the Certified General Accountants Association or the Society of Management Accountants.
  • Auditors require education, training and recognition as indicated for chartered accountants, certified general accountants or certified management accountants and Some experience as an accountant.
  • Auditors may require recognition by the Institute of Internal Auditors.
  • To act as a trustee in bankruptcy proceedings, auditors and accountants must hold a licence as a trustee in bankruptcy.
  • Licensing by the provincial or territorial governing body is usually required for accountants and auditors practising public accounting.

Professional certification and licensing

You might need to get a professional licence from a regulatory authority before you can start working. Licensing can be compulsory or voluntary, depending on the occupation.

  • If the licence is compulsory, you must be certified before you can practise the occupation and use the professional designation.
  • If the licence is voluntary, you don’t need to be certified to practise this occupation.
Find out if your occupation is regulated and contact the regulatory authority to learn about the certification process.

Table listing provincial regulation requirements
Location Job title Regulation Regulatory body
Canada
Ontario Chartered Professional Accountant Regulated (compulsory) Chartered Professional Accountants of Ontario
Public Accountant Regulated (voluntary) Public Accountants Council for the Province of Ontario

Do you want to work in another province or territory?

If you are already certified to work in a regulated occupation in your province or territory, it will be easier for you to have your certification recognized in another province or territory. See the Workers Mobility's website to learn more.

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