The University of Waterloo Accounting Conference

Michael Chan (BCom ’14) – UWAC 2014

The University of Waterloo Accounting Conference was definitely one of the most organized and engaging conference I have ever attended. From a logistics point of view to the activities involved, I was able to take away a lot of ideas and connections through tremendous opportunities to network. The highlight of the conference for me was being able to compete in groups of four in a case competition. The topic of the case this year focused on regulatory standards on the banking industry and the case was also sponsored by RBC. I was able to learn a great deal from that competition and was also given an opportunity to meet with professionals across the city. As for the social activities, we were given a chance to enjoy the city of Toronto in a unique way such as having a networking session on the boat cruise as well as being able to experience the night life.

 

Akaash Bali (BCom ’15) – UWAC 2014

Highlights:

  • Case competition on a new banking regulatory standard – Basel III framework
  • Meeting students from various universities on the East Coast (Schulich, UofT, Ivey, Waterloo, and Rotman)
  • Social events at various venues in downtown Toronto
  • Boat cruise on Lake Ontario with representatives from the Big 4 Accounting firms
  • Having the opportunity to explore downtown Toronto with the delegates

Learning Outcomes:

  • Always try to get out of your comfort zone! At the conference, instead of only speaking with UBC and SFU students (approx. 4 students), I decided to meet new students. I was able to make new friends and I am still in contact with most of the people I met.
  • Be open to employment opportunities outside of your home city. On numerous occasions, the business professionals I spoke with eluded to opportunities within the firm they worked for and other opportunities in industry.
  • Many valuable business, networking, and life lessons from the 3 amazing keynote speakers: Dean McCann (VP and CFO at Canadian Tire Corporation), Jane Skoblo (VP and CFO at American Express Bank of Canada), and Peter McFarlane (Managing Director at Kroll).
  • Basel III framework. Builds on Basel I and Basel II. This relatively new framework seeks to improve the banking sector’s ability to deal with financial distress.