What is a requirement for accountants who have a CPA,(CA,CMA,or CGA)designation?
A)They are not the only people permitted to serve as external auditors.
B)They must pass a national examination and be licensed by the province or territory in which they practice.
C)They are not held responsible for providing assurance concerning the reliability of a firm's financial statements.
D)They can only work at public accounting firms.

Question

Quizplus · Accepted Answer

Accountants who have a CPA, CA, CMA, or CGA designation must pass a national examination and be licensed by the province or territory in which they practice. This is a requirement in order to be able to legally practice as an accountant and provide assurance services.

What Is a Requirement for Accountants Who Have a CPA,(CA,CMA,or