CPABC in Focus July/August 2016 | Page 25

Q: Is practical experience gained toward a legacy designation acceptable for the CPA designation? A: Yes. Subject to its currency, experience recognized by a legacy body is recognized towards meeting the experience requirements under the CPA PER. Evimerusa/iStock/Thinkstock Q: Is international experience recognized? A: Yes, experience that satisfies the CPA PER is recognized, regardless of whether it was gained within Canada or internationally. In either case, a minimum of 12 months of experience must be gained concurrent with a candidate’s time on the CPA Professional Education Program (PEP). Q: What are the eligibility requirements for becoming a CPA mentor? A: Any CPA member in good standing with the profession, whether recently qualified or very experienced, can apply to become a CPA mentor. Approved legacy body Mutual Recognition Agreement members may also apply to become mentors. Q: What is required of a CPA mentor? A: A mentor is required to meet with their mentee(s) on a semi-annual basis. The objective of these meetings is to discuss the candidate’s competency development, both technical and enabling, and provide them with constructive feedback. All mentor meetings are documented in the student’s experience report. Q: When do candidates start reporting their experience? And where and how do they report? A: In BC, candidates may begin reporting once they have registered for the PEP with the CPA Western School of Business (CPAWSB), hold a relevant PPR or EVR position, and have a mentor. A PPR candidate starts the reporting process by creating an initial report that enables their employer (program manager) to verify their start date; once the start date has been verified, the candidate can start reporting experience. An EVR candidate starts the reporting process by creating a pre-assessment report for review by CPABC; once the profession has ensured that the position will meet the PER entrance requirements, the candidate can start reporting experience. All CPA practical experience reports are recorded using the CPA Practical Experience Reporting Tool (PERT). Access to the PERT system is granted to candidates when they register in the PEP with CPAWSB. CPABC in Focus • July/August 2016 25