BIV Education 2021

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BIV MAGAZINE

24 | BIV MAGAZINE: THE EDUCATION ISSUE 2021 PUBLISHED BY BUSINESS IN VANCOUVER

PROFESSIONAL DESIGNATIONS Credentials that boost your qualifications – and what it takes to earn them ACCOUNTING CPA (Chartered Professional Accountant) Description: Since 2015, the Chartered Professional Accountants of British Columbia (CPABC) is the only regulated professional accounting body in the province of British Columbia. With over 36,000 CPA members and 5,000 CPA students and candidates, CPABC is responsible for the regulation and professional development of more than 210,000 CPAs across Canada and the globe, as well as the training and certification of CPA candidates. Prerequisites: Four-year, 120-credit-hour university degree or equivalent, plus specific subject area coverage that can be met through approved programs in post-secondary institutions, or through the CPA Western School of Business. The prerequisite education required consists of 14 modules; students complete only those courses they require. Requirements: The CPA professional education program has six modules: two core modules, which focus on the development of competencies in management and financial accounting, and the integration of the six core technical competency areas – audit and assurance, finance, taxation, financial reporting, management accounting, and strategy and governance; two elective modules; and the final two courses, which include a capstone integrative module that focuses on the development of leadership and professional skills, and a capstone examination preparation module. At the conclusion of the six modules, students write a common final examination. All CPA candidates must also complete relevant, progressive, practical experience that is approved by the CPA profession. Experience can be gained in positions pre-approved by the CPA profession, or through the experience verification model, in which CPA candidates may work for an employer they choose. Administering organization: Chartered Professional Accountants of British Columbia (bccpa.ca).

CAREER COUNSELLING CCDP (Certified Career Development Practitioner) Description: A CCDP knows career development, has skills and expertise in assessment and referral and has interpersonal competence in career development. A CCDP has skills and expertise in at least three of: assessment, facilitated individual and group learning, career counselling, information and resource management, work development and community capacity-building. Requirements: Master’s degree in related field and at least one year’s related work experience; bachelor’s degree in related field and at least two years’ related work experience; diploma in careerdevelopment practice or related field and at least three years’ related work experience; certificate in career-development practice or related field, or equivalent post-secondary education and at least four years’ related work experience; evidence of all core competencies and three areas of specialization; evidence of completing course in ethics related to career development, counselling or adult education that includes at least 10 hours’ instructional time, as well as course in careerdevelopment theory that includes at least 20 hours’ instructional time. Administering organization: BC Career Development Association (bccda.org).

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EDITING CPE (Certified Professional Editor) Description: Candidates can become CPEs or earn separate certifications in proofreading, copy editing, structural editing or stylistic editing. Requirements: Passing of required tests (four tests for CPE designation). No formal requirements, but at least five years’ extensive editing work experience is recommended. Administering organization: Editors’ Association of Canada (editors.ca).

EVENT PLANNING CMP (Certified Meeting Professional) Description: Helps people employed in meeting management pursue continuing education, increase involvement with industry and gain industry-wide recognition. Requirements: Three years’ work experience in the industry, having been employed within the last 12 months; a degree in meeting, event, exhibition or hospitality/tourism management and two years’ work experience; three years’ full-time instruction experience in a meeting/hospitality university program. Completion of 25 hours’ continuing education or completion of approved internship/ apprenticeship in the industry with a minimum of 200 hours of work experience. Written exam. Administering organization: Events Industry Council (eventscouncil.org).

CSEP (Certified Special Events Professional) Description: This designation recognizes event professionals who have successfully demonstrated the knowledge, skills and ability essential to perform all components of a special event. Requirements: To qualify for CSEP exam, a candidate must have minimum three years’ full-time professional employment in the special events industry. Documentation of work experience required. Exam is a 4.5-hour computerbased examination scored either pass or fail and consisting of 100 multiple-choice questions and a written portion, both based on the CSEP content outline at ileahub.com/csep. Administering organization: International Live Events Association (ileahub.com).

DMCP (Destination Management Certified Professional) Requirements: To qualify as a candidate for the

written exam, applicant must have minimum three years’ destination management experience or bachelor’s degree in hospitality-related major from accredited university; current employment in hospitality; responsibility and accountability for successful completion of destination management programs and minimum 90 points on the application. Administering organization: Association of Destination Management Executives (adme.org).

EXECUTIVE COACHING ACC (Associate Certified Coach), PCC (Professional Certified Coach), MCC (Master Certified Coach) Description: The International Coach Federation (ICF) establishes and administers minimum standards for credentialing professional coaches and coach-training agencies. A coach credentialed by the ICF has coach-specific training, has achieved a designated number of hours of experience and

has been coached by a mentor coach. Requirements: Vary by designation; for details, see

coachfederation.org/credential. Administering organization: ICF

(coachfederation.org).

FAMILY ENTERPRISE ADVISING FEA (Family Enterprise Advisor) Description: The Family Enterprise Advisor designation demonstrates an advisor’s commitment to excellence in family enterprise advising. Granted to experienced lawyers, wealth managers, accountants, facilitators and family therapists, the designation represents a substantial opportunity in a marketplace where more than 80 per cent of businesses are family-owned. Appointed by the Family Enterprise Xchange (FEX), this designation is unique in the world. Requirements: Completion of the Family Enterprise Advisor program at the University of British Columbia’s Sauder School of Business, possession of a professional designation or equivalent, passing of the written and oral components of the designation exam offered by FEX. The multidisciplinary approach teaches advisors to integrate their own disciplines with others to provide collaborative and complementary advice to business family clients, all of whom must navigate the unique challenges of family dynamics, governance, communication and succession planning. Offered only once each year, the program is the education requirement for a designation with FEX. Administering organization: FEX (familyenterprise-xchange.com).

FINANCE AND INSURANCE CAIB (Canadian Accredited Insurance Broker), CPIB (Canadian Professional Insurance Broker), CCIB (Canadian Certified Insurance Broker) Description of CAIB: The Insurance Brokers Association of BC (IBABC) offers the CAIB program through provincial member associations. Designed for property and casualty insurance brokers, CAIB provides insurance knowledge to develop competence and enhance career opportunities. Four course modules constitute the program and cover personal and commercial lines of insurance plus brokerage management skills. Each course culminates in a national exam. Courses prepare students to meet B.C. licensing requirements. Requirements for CAIB: Completion of four course volumes and exams. Employment by insurance brokerage that is a member of a provincial brokers’ association that is, in turn, a member of Insurance Brokers Association of Canada (IBAC). Description of CPIB: The new senior designation program developed by IBAC and its provincial member associations is specifically designed for property and casualty insurance brokers. The program has three distinct streams: personal lines, commercial lines and broker management. To earn the CPIB designation, students must complete the three mandatory courses and any three of the elective courses in the stream of their choice. Description of CCIB: CCIB is a senior designation designed for commercial insurance brokers who have already completed their CAIB. The CCIB program is a self-study program involving three exams, which are all practical and experiencebased. Administering organization: IBABC (ibabc.org).

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