Chartered Accountants are in high demand all over the world and so in Canada too. It will not be easy for Indian students to become a CA in Canada as the Indian CA qualification is not readily recognized in Canada.
Aspirants who wish to become full-time professional accountants or freelancers with accounting expertise must work hard over several years to complete a CA course in Canada.
An individual must earn some credentials through education to become a recognized professional accountant in Canada. But at the top of everything, one must also know about the salary for CA in Canada as CA Salary in Canada depends on various criteria
Which Job Is Best For Indian In Canada?
Most countries have seen a change in careers as a result of the Covid-19 pandemic. Canada’s employment rate is growing in many industries, including the service sector, where most jobs are located. Jobs in Canada are booming in industries and the top 5 In-Demand Jobs in Canada are
- Sales Associates
- Web Developers
- Project Managers
- Electrical Engineers
- Financial Advisors/ Chartered Accountants
Which Stream Is Best For the Future In Canada?
There is no secret that Canada is very popular among International students due to its education system, which is considered one of the best in the world. Aside from the top-notch facilities and experienced faculty at Canadian universities, Canada offers a scenic environment, the opportunity to work during or after graduation, a friendly neighborhood, and special health benefits for students.
A valid study permit is sufficient to find a job after graduation, as no separate work permit is required. However, if you plan to stay for a few more years, you will need to apply for a work visa. Since the seasons are very different in Canada, there are recreational programs for each season, such as sailing, spring festivals, hiking, skiing, or sledding.
PCM (Physics, Chemistry, and Mathematics) is considered one of the most sought-after degree programs and offers a wide range of options here are the top 5 courses in Canada that are best for the future after the 12th non-medical group.
- Electrical Engineering
- Information and Technology Engineering
- Mechanical Engineering
- Civil Engineering
- Chartered Accountancy
With a large number of universities offering diverse commerce courses, Canada has become one of the most popular destinations too. Students from all over the world choose Canada because of its abundant career opportunities and International exposure. From popular exams like BCom to the toughest in the world like CA, Canada offers a wide range of options, and here are some courses available in Canada after the 12th Commerce:
- Bachelor of Foreign Trades
- Accountancy Courses
- Bachelor of Economics
- Bachelor of Statistics
- Certified Financial Planner
Is Indian CA Accepted In Canada?
Yes, Indians can certainly find a job in Canada. However, the process may not be so easy due to strict immigration regulations. Certified Public Accountants (CPAs) in Canada, provincial and territorial governments, and Chartered Professional Accountants have entered into a reciprocal membership agreement with the Institute of Chartered Accountants of India (ICAI).
If you are a fully qualified ICAI member in good standing and obtained your designation while not a resident of Canada, you may be entitled to a higher status in the CPA certification program through the MOU.
However, you should not give up your hopes because if an applicant is qualified, well educated, and experienced in the field and has few certifications to show for it, it will be easier for them.
Can Indian CA Get Job In Canada?
To work as a CA in Canada, you must meet the following requirements before you can apply for membership. An acceptable bachelor’s degree with the study of specific courses such as financial accounting, business law, economics, auditing, etc.
After graduation from an accredited institution, students must demonstrate a minimum of 2-3 years of work experience to meet the work experience requirement.
Following the required work experience, students must also complete a basic training of modules (out of a total of 4) to complete their education and become a CPA or CA in Canada.
In addition, a candidate must meet the minimum score of IELTS for Canada or other language test scores for English or French.
The required documents for an Indian to work in Canada are as follows:
Document requirements may vary from country to country. However, we have listed some of the most important and basic documents here that are required for applicants from almost all countries.
- A current, valid passport.
- Canadian work visa.
- Language test for eligibility.
- Police clearance certificate.
- Medical fitness certificate.
- Job offer letter.
- Work permit letter.
- Work permit number, if applicable to you.
- Certificates of educational qualifications and grade sheets.
- Letters of previous work experience.
- Pay stubs to prove paid experience.
FAQs -Salary For CA In Canada
How much does CA earn in Canada?
A CA in Canada earns an average salary of $66,500 per year or $34.10 per hour. Highly experienced workers make $100,000 per year while entry-level jobs start at $55,000.
What is the salary of CA per month?
A CA in Canada earns an average salary of $91,163. The salary depends on the number of years of experience and the company.
Is Canada good for CA?
Accounting professionals can earn significantly in both the public and private sectors. Additionally, you can charge more as a freelancer too as there is a huge demand for CAs in all sectors of the Canadian economy.
Wrapping Up
Once you know everything about the CA course in Canada, salary for CA in Canada, and the entire process, you can plan your education and career to achieve your goal of becoming a CA in Canada. However, it is important to start planning at the university level when you are completing your undergraduate degree. So be sure to plan!
