Life as a Co-op Student
February 2012 release
Lucia Lee, third year BBA student at Simon Fraser University, is a co-op student at James Stafford. She decided to pursue the CA designation when she was still in high school.
"I learned that in addition to being problem solvers, accountants got to peer into all sorts of different industries through their work. That, along with the versatility and international opportunities that come with the CA designation, really inspired me."
So, what's a typical day like for Lucia? There really isn't one. "It all depends on the firm and client needs at any given time. Some days I'm out visiting clients, other days I'm bookkeeping or vouching at the office. Every day is different – it really keeps you on your toes!"
That's why flexibility and time management are important assets for co-op students to have. As well as diligence, prudence, and a willingness to ask questions. But don't forget to have fun! "A good sense of humour is also appreciated here at James Stafford," adds Lucia.
Lucia says the best part about being a co-op student at James Stafford is the level of trust they have in their students. "When you begin a co-op here, you are given your own files to manage – just like a staff accountant would have. You're then paired with mentors to provide guidance on any problems you encounter. It's really satisfying to have this ownership over your work."
That's one reason Lucia strongly encourages all students to give co-op a try. "A work term provides an opportunity to gain valuable experience for your resume, and it also exposes you to what working in this field is really like – which is often different from what students imagine." Plus, if you article as a CA student at an approved CA Training Office you can register with CASB and count those months towards the 30 month articling requirement.
After four months of being a co-op student at James Stafford, what has been the most valuable lesson Lucia has learned? In this field, you'll often have questions to which there are no clear answers.
"Just remember to document your work well so you can explain the reasoning that brought you to your conclusion. Also, take advantage of the relationships with your mentors. Often, you will find that someone else has dealt with a situation similar to yours, and will have insight to share."
