QUICK FACTS
CAs offer more than superior financial expertise; they bring strategic thinking, business insight and leadership.
- In 2007, 63 per cent of the Globe and Mail's Report on Business magazine's Top 1000 Companies had at least one CA on the executive team.
- Those companies with CAs in the CFO position have the best return on capital and assets, according to an analysis of the 2005 Globe and Mail Report on Business magazine's annual listing of the Top 1000 Companies. For companies with a CA in the CFO position, the average return on capital over the past five years was 5.4% compared to -0.16% for companies that did not have a CA in the CFO position. Return on assets over the same five-year period was 4.6% for companies with a CA in the CFO position versus 0.8% for those that did not.
- Approximately one in three CAs choose to work in industry, where they bring their insight and expertise directly to business and non-profit organizations as CEOs, CFOs, key financial strategists, and top-flight executives.
- To maintain the privilege of using the designation, CAs are required to keep up their knowledge and skills through career-long professional development.
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