accounting and financial management · accounting analyst, sun life financial » reviewed external...
TRANSCRIPT
ACCOUNTING AND FINANCIAL MANAGEMENT
MARCH OPEN HOUSESaturday, March 19, 2016
Presented by:
PATTY MAHSchool of Accounting and Finance
SAF STUDENTS
» Aspiring, Smart, Engaged » Ambitious, Motivated, Hardworking
» Allows SAF to do what we do best…» Integration of accounting and finance» Experiential advantages à co-op, extra and co-
curriculars, professional development, competitions, student community
» Competitive advantages to launch your professional career!
AFM CURRICULUM
AFM LEARNING MODEL
» Focus on skills development, integration, & professionalism
» AFM XXX courses developed with the Learning Model as a guide to success
» Understanding core concepts » Applying knowledge» Integrating it all through
academic, co-op, and extra-curricular experiences
YOUR Experiential Advantage!
EXPERIENCE MATTERS!
» What is a successful professional?
» Professional program » Work towards a CPA, CFA, CIA, CBV, and CSC» Structured program follows a Learning Model» Experience matters!
» Co-op only: AFM student are co-op students» Extra- and co-curriculars enhance and build
your learning» Professional development, competitions,
student community
99% AFM co-op employment rate, all years
AFM CO-OP = DIVERSITY
EXPERIENCE MATTERS!
AFM CO-OP = FLEXIBILITY
YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5F16 W17 S17 F17 W18 S18 F18 W19 S19 F19 W20 S20 F20 W21 S21
AFM Co-op* Study Study Off Study Work Study Work Study Study Work Study Work Study MAcc MAcc
Option 1* Study Study Off Study Work Study Work Study Study Work Work Study Study MAcc MAcc
Option 2* Study Study Off Study Work Study Work Study Study Study Work Work Study MAcc MAcc
Option 3 Study Study Off Study Work Study Study Work Study Work Study Work Study MAcc MAcc
Option 4 Study Study Off Study Work Study Study Work Study Work Work Study Study MAcc MAcc
Option 5 Study Study Off Study Work Study Study Work Study Study Work Work Study MAcc MAcc
F = Fall term (September to December); W = Winter term (January to April); S = Spring term (May to August)
Flexibility in your co-op routes helps you maximize employment opportunities. *Curriculum and co-op sequence options are subject to Waterloo Senate approval.
99% AFM co-op employment rate, all years
EXPERIENCE MATTERS!
EXPERIENCE MATTERS!
SOPHIE, 2A AFMJunior Accountant, DCY Professional Corp., CA
» Compiled financial statements» Prepared returns for corporate tax, trust,
payroll tax, investment income, personal tax» Update and management of client data base
AMANDA, 2A AFMJunior Accountant, Marc Payeur Professional Corp.
» Performed Notice to Reader files» Prepared financial statements» General bookkeeping
PATRICK, 2A AFMAccounting/Audit Staff, Cameron Keller & Co.
» Completed year end transactions for client accounts
» Prepared financial statements» Completed T2 returns
CATHERINE, 2A AFMAccounting Assistant, Leach Bradbury Chartered Accountants and Financial
» Completed T1 forms for client accounts» Completed Notice to Reader files» Assisted with client compilations
EXPERIENCE MATTERS!
GABRIELA, 2A AFMJunior Accountant, BDO Canada LLP
» Completed Notice to Reader files» Prepared personal tax returns» Client liaison for completion of client files
JOSH, 2A AFMAccounting & Auditing, BDO Canada LLP
» Prepared compilation engagements» Prepared T2 returns» Prepared T1 returns
EXPERIENCE MATTERS!
CYNTHIA, 2A AFMTax Analyst, Deloitte
» Prepared Canadian and US personal income tax returns
» Technical research and analysis on taxation issues
ISMAIL, 2A AFMAssurance Associate, PwC
» Testing confirmations from third parties for audit evidence
» Analysis of income and expenses for financial statement verification/assurance
EXPERIENCE MATTERS!
LUKE, 2A AFMAssurance Associate, PwC Canada
» Gathered evidence to support client’s financial statements
» Understand a client’s transactions and apply judgment to support it’s treatment (e.g. were the correct accounts debited and credited?)
CORISSA, 2A AFMStaff Accountant, KPMG
» Followed and completed audit procedures» Prepared and recorded adjusting journal entries» Drafted and prepared financial statements
EXPERIENCE MATTERS!
MINETTE, 2A AFMQuality Assurance Technician, Farm Business Consultants
» Verified information for tax returns and support documentation
» Reviewed and corrected discrepancies within accounts
AMANJOT, 2A AFMTax Professional, H&R Block
» Worked with clients to prepare accurate personal tax returns
» Met with clients to review and provide tax advice
EXPERIENCE MATTERS!
JASMINE, 2A AFMCPA Finance Co-op, PepsiCo
» Prepared monthly corporate tax remittances» Prepared monthly Area Profit & Loss Report» Updated Standard Operating Procedures
manual
MICHAEL, 2A AFMProject/Business Analyst, Toronto-Dominion Bank
» Coordinated prompt delivery of tech projects in support of TD Securities
» Collaborated with IT team for technical » Prepared month-end procedures and financial
forecasts
EXPERIENCE MATTERS!
ALDA, 2A AFMAccounting Analyst, Sun Life Financial
» Reviewed external financial statements» Developed and implemented validation
checks» Prepared audit and statutory working papers
KEVIN, 2A AFMInternal Audit – Control & Support, Scotiabank
» Coordinated audit projects and engagements» Assisted in audits at individual branches to
provide assurance over the design and operation of Scotiabank’s controls
EXPERIENCE MATTERS!
ASHLEY, 2A AFMBusiness/Finance Co-op, Ontario Public Service
» Prepared budgets and forecasts» Assisted in development of financial models» Identified, developed, implemented
performance measures
BRAYDEN, 2A AFMTrust Compliance/Accounts Receivable Officer, Canada Revenue Agency
» Managed an inventory of 200 accounts» Reconciled accounts to ensure compliance» Resolved deduction/remittance issues with tax
payers
EXPERIENCE MATTERS!
BRYON, 2A AFMCorp. Financial Analyst, KIK Custom Products
» Prepared year-end financial documents» Liaised with various government agencies» Analyzed processes to develop efficiencies in
financial reporting procedures
KEVIN, 2A AFMFinancial Analyst, ABC Group
» Prepared consolidated financial statements» Prepared weekly sales reports» Analyzed variance in weekly results to discuss
sales reports with each plant
EXPERIENCE MATTERS!
EXPERIENCE MATTERS!
» Highest level of national accreditation
» Combine AFM with MAcc to…» Fulfill all CPA academic prerequisites» Complete 16 out of the 30 months of required work
experience» Complete the 2 CPA core integration modules» Complete 2 CPA elective modules of the 4 professional
areas of study» Complete the 2 CPA capstone modules
CPA DESIGNATION
NATIONAL ACCREDITATION MEANS…
CPA PATHWAY – AFM
CPA PATHWAY
Ugraddegree
Without subject area coverage
CPA Prerequisite Education Program (CPA PREP)
Recognized Post-secondary courses/programs
With subject area coverage – up to 2 years
Complete 30 months of relevant work experience
Step 1: Meet academic prerequisites
Step 2: CPA Professional Education Program (CPA PEP)
CPA Core Modules 1
and 2
CPA Electives 1
and 2
CPA Capstone Modules 1
and 2
Common Final Exam
(CFE)
CPA Designation
Complete 30 months of relevant work experience
»» »»
WITHOUT NATIONAL ACCREDITATION…
Highest level of National Accreditation
WHY WATERLOO
Four grads in the last 6 years won the National and Ontario Gold Medals for their highest scores in the UFE/CFE.
11 out of 20 grads listed on the 2015 Ontario Honour Roll
were SAF MAcc grads.
» CFA Institute University Recognition program» AFM satisfies 70% of the CFA CBOK with emphasis
on the CFA Code of Ethics and Standards of Practice» Advanced preparation = fast track to designation
CFA DESIGNATION
AFMSept. 2016
CFA Level 1June 2020
BAFMDec. 2020
CFA Level 2June 2021
CFA Level 3June 2022
FINANCING YOUR EDUCATION
TUITION CO-OP FEES INCIDENTALS TOTAL
AFM – Year 1 $6,054.00 N/A $1,029.46 $7,083.46
AFM – Year 2 $16,056.00 $1,296.00 $1,029.46 $18,381.46
Use the interactive form to create your personal budgetuwaterloo.ca/find-out-more/financing/interactive-budget
» AFM is a professionalprogram» Tuition fees increase beginning in Year 2» Average co-op earnings from $40,000 to $88,000» Waterloo and SAF scholarship: $1,000 to $55,000
» AFM is a professionalprogram» Tuition fees increase beginning in Year 2» Average co-op earnings from $40,000 to $88,000» Waterloo and SAF scholarship: $1,000 to $55,000
Schedule of Fees – based on 8 month academic term
FINANCING YOUR EDUCATION
» 80% of first-year students choose to live in residence
» Campus residence include:» Traditional style: Village 1, Ron Eydt Village» Suite style: Mackenzie King, UW Place
» SAF Living-Learning in Village 1» Enhance your living and learning environment!
» 80% of first-year students choose to live in residence
» Campus residence include:» Traditional style: Village 1, Ron Eydt Village» Suite style: Mackenzie King, UW Place
» SAF Living-Learning in Village 1» Enhance your living and learning environment!
CHECK OUT AND LEARN MORE AT OUR LLC MINI-SET!
RESIDENCE
WHY WATERLOO?» Shiraz, 1B AFM» Residence: Columbia Lake Village» Extra-curriculars: AFSA, UWAC, SOAP» PD: Launch Your Career» Fun fact: Black Belt in Taekwondo» Why AFM?
» Shiraz, 1B AFM» Residence: Columbia Lake Village» Extra-curriculars: AFSA, UWAC, SOAP» PD: Launch Your Career» Fun fact: Black Belt in Taekwondo» Why AFM?
WHY WATERLOO?» Qhalisa, 1B AFM» Residence: LLC, V1» Extra-curriculars: Waterloo DECA, AFSA, African
Student Associate, Salsa Club» PD: Launch Your Career» Fun fact: Hometown in Kenya à 800 miles away » Why AFM?» Waterloo blogs
facebook.com/qhalisa.khan/posts/10206866618295924qhalisakhan.wordpress.com
» Qhalisa, 1B AFM» Residence: LLC, V1» Extra-curriculars: Waterloo DECA, AFSA, African
Student Associate, Salsa Club» PD: Launch Your Career» Fun fact: Hometown in Kenya à 800 miles away » Why AFM?» Waterloo blogs
facebook.com/qhalisa.khan/posts/10206866618295924qhalisakhan.wordpress.com
WATERLOO ACCOUNTING AND FINANCE
CONTACT ME: PATTY MAH
School of Accounting and FinanceUniversity of Waterloo
[email protected]@uwaterloo.ca
@uWaterlooSAF
uwaterloosaf