A chartered accountant receives an operating license from the federal government that is good for a three-year period.

Name: A chartered accountant receives an operating license from the federal government that is good for a three-year period.
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Chartered accountants do not require an operating license from the federal government. They are licensed by their accounting professional bodies, such as the Institute of Chartered Accountants. These licenses typically last for a longer period than three years.

A Chartered Accountant Receives an Operating License from the Federal