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Sobeys to Open Accountant Training Office

Sobeys, Inc. and the Institute of Chartered Accountants of Nova Scotia (ICANS) and have teamed up to form Nova Scotia's first Chartered Accountant Training Office (CATO) in industry. Sobeys is the first industry organization in the province to meet the strict criteria required for chartered accountant (CA) students to complete their training.

Historically, the training of CA students had to take place in a public-practice chartered accountancy firm or the Office of the Auditor General. Recently the profession, including the Institute of Chartered Accountants of Nova Scotia, approved changes allowing a select group of corporations and government departments to apply to provide CA designation training.

Sobeys received approval last month to launch a CA Training Office, and training is scheduled to begin in July.

"Adopting an innovative professional program such as the CA Training Office affords us the opportunity to attract the best finance talent to our company," said Sobeys s.v.p. finance & treasurer Paul Jewer.

According to ICANS president Don Flinn, "Expanding the CA training program into the private sector will help to secure the future supply of Canada's chartered accountants by enabling more of the country’s ‘best and brightest’ to enter the profession."

Sobeys has in place a training infrastructure that encompasses the depth and breadth of experience necessary to develop the professional and ethical competence required of a CA, according to ICANS

"Right from the start, Sobeys expressed enthusiastic interest in this exciting opportunity and after carefully reviewing the company’s application outlining its organizational ethics and culture, as well as career paths, we are confident that it meets and exceeds our criteria and is an ideal business to serve as a CA Training Office," noted organization c.e.o. Michele Wood-Tweel.

A wholly owned subsidiary of Empire Co. Ltd., Stellarton, N.S.-based Sobeys owns or franchises over 1,300 stores in all 10 Canadian provinces under retail banners that including Sobeys, IGA, Foodland, Price Chopper, and Thrifty Foods, in addition to Lawtons Drug Stores.
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