C-48.1, r. 22 - Regulation respecting the standards for equivalence of training for the issue of a permit of the Ordre des comptables agréés du Québec

Updated to 1 September 2012

This document has official status.

chapter C-48.1, r. 22

Regulation respecting the standards for equivalence of training for the issue of a permit of the Ordre des comptables agréés du Québec

Chartered Professional Accountants Act

(chapter C-48.1, s. 2).

Professional Code

(chapter C-26, s. 93, pars. c and c.1).

The former alphanumerical designation of this Regulation was: chapter C-48, r. 16.

1. The secretary of the Ordre des comptables agréés du Québec shall forward a copy of this Regulation to a person wishing to have training recognized as equivalent.

In this Regulation, “training equivalence” means the recognition by the board of directors of the Order that a person’s training shows that the person has acquired a level of knowledge equivalent to that acquired by a holder of a diploma recognized as satisfying permit requirements.

O.C. 682-93, s. 1.

2. A person applying to have training recognized as equivalent shall provide the secretary with the following documents required to support the application and with the costs for study of the application pursuant to paragraph 8 of section 86.0.1 of the Professional Code (chapter C-26):

(1)  the person’s academic record and a description of the courses taken, indicating the number of credits for each course and the marks obtained;

(2)  proof that the diploma was awarded, where applicable;

(3)  proof that the diploma is officially recognized, where applicable;

(4)  a document attesting to the candidate’s participation in a training session or in a continuing education or upgrading activity in the field of public accounting and auditing, where applicable; and

(5)  a document attesting to the person’s work experience in public accounting and auditing.

Documents written in a language other than French or English shall be accompanied by a translation.

O.C. 682-93, s. 2.

3. Subject to section 4, a person shall be granted a training equivalence where it is proven that the person has relevant work experience of not less than 5 years and has a level of knowledge equivalent to the level attained upon completion of university-level studies in the following subjects:

(1)  auditing;

(2)  accounting;

(3)  taxation;

(4)  computer science, finance, economics, human behaviour in industry and business law.

For the purposes of this section, a Master’s degree in a relevant field may be accepted in lieu of 5 years of relevant work experience.

O.C. 682-93, s. 3.

4. To determine whether a person’s level of knowledge meets the requirements of section 3, the board of directors shall take all of the following factors into account:

(1)  the fact that the person holds one or several diplomas awarded in Québec or elsewhere;

(2)  courses taken, the marks obtained and the number of credits for each course, with each credit corresponding to 45 hours of course attendance and independent study;

(3)  training periods and other continuing-education or upgrading activities relating to the subjects mentioned in section 3;

(4)  total years of study; and

(5)  work experience in the field of public accounting and auditing.

O.C. 682-93, s. 4.

5. The secretary shall forward the documents prescribed in section 2 to the board of directors. At the first meeting following receipt of the documents, the board of directors shall decide, in accordance with this Regulation, whether it will award a training equivalence and shall notify the person in writing within 30 days of the date of its decision.

O.C. 682-93, s. 5.

6. Within 30 days following the date of its decision not to award a diploma equivalence, the board of directors shall inform the person in writing and shall indicate the programs of study, training periods or examinations that must be successfully completed for the equivalence to be awarded.

O.C. 682-93, s. 6.

7. A person who is informed of the board of director’s decision not to award a training equivalence may apply to the board of directors for a hearing, provided that the person applies to the secretary in writing within 30 days following the date on which the decision is mailed.

The board of directors has 60 days from the date of receipt of the application to hear the person and, where applicable, to revise its decision. To that end, the secretary shall convene the person by means of a notice in writing sent by registered mail not less than 10 days before the date of the hearing.

The decision of the board of directors is final and shall be sent to the person in writing within 30 days from the date of the hearing.

O.C. 682-93, s. 7.

8. (Omitted).

O.C. 682-93, s. 8.

9. (Omitted).

O.C. 682-93, s. 9.

REFERENCES

O.C. 682-93, 1993 G.O. 2, 2785

S.Q. 2008, c. 11, s. 212