Master of Accounting (MAcc) Grad Wins National Gold Medal in UFE examination

Monday, September 16, 2013

By: Kelly Millar

A recent graduate from the School of Accounting and Finance (SAF) wins national gold medal for the Chartered Accountancy Uniform Final Examination (UFE).

Described as one of the most challenging professional examinations in the world, Vicky Au (Master of Accounting (MAcc) ’10), won the prestigious Governor General’s Gold Medal and the Chartered Accountants of Canada’s cash prize of $5,000.00 for having the highest standing in Canada on the UFE. 

The three-day examination is a critical component of the CAs qualification program. It assesses a person’s knowledge, ability to think analytically, and gauges their professional judgment and ethics.

“I’m extremely happy with Waterloo’s UFE results this year.  I think it’s a reflection of the positive program and student government changes that are taking place and I hope our success this year inspires students to continue to aim for the top,” explains Au, who also won the 2010 uWaterloo Faculty of Arts Alumni Gold Medal. 

Over three-thousand graduates from across the country successfully completed the UFE this year, including 151 Masters in Accounting (MAcc) and 14 Diploma in Accounting alumni from SAF. Of the 3,046 candidates, 50 were named on the national honour roll; 18 are from Ontario, five (including the National Gold Medallist), are 2010 MAcc graduates.

We congratulate the following School of Accounting & Finance students on their honour roll achievements:

  • Kwan, Shing-Chun
    • Deloitte & Touche LLP, Toronto
    • University of Waterloo, Master of Accounting, 2010
  • Li, Zi Qi
    • Deloitte & Touche LLP, Toronto
    • University of Waterloo, Master of Accounting, 2010
  • Mick, Lyndsay Elizabeth
    • Deloitte & Touche LLP, Mississauga
    • University of Waterloo, Bachelor of Science, 2005
  • Ng, Aaron
    • PricewaterhouseCoopers LLP, North York
    • University of Waterloo, Master of Accounting, 2010
  • Sue, Jonathan Kevin Chi-Hing
    • Deloitte & Touche LLP, Toronto
    • University of Waterloo, Master of Accounting, 2010

Dave Vert, Director of the MAcc and Diploma programs, speaking on behalf of the 63 SAF faculty and staff, extended congratulations to all the SAF graduates who achieved success on the 2010 UFE saying “We have much to celebrate.  SAF is currently in a period of significant growth in the enrolment in its programs and we are very proud to see so many of our graduates achieving this career milestone.” Vert also notes “The performance of our graduates on the UFE has also seen notable improvement in each of the past three years and the presence of Vicky and her fellow graduates on the UFE honour roll certainly represents the icing on the cake.”        

In addition to the UFE, the CA qualification program requires a person to successfully complete prescribed practical work experience, before they are entitled to use the internationally-recognized CA designation.