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The University of Waterloo School of Accounting and Finance (SAF) at University of Waterloo is a professional school within the Faculty of Arts. The School was established in 1985 under the name 'School of Accountancy'. Its name was changed in 2008 to better reflect its program offering. The School has made important contributions to the development of the accounting profession in Canada. The faculty is a significant producer of accounting research and industry teaching material. Alumni hold leadership positions in public accounting, industry, government and academia. Today, nearly 1000 students are enrolled in the School's programs. In September, 2009 a new 52,000 square feet (5,000 m2) building was officially opened to house the School.
The School of Accounting and Finance offers the largest accounting and finance undergraduate cooperative education (co-op) program in Canada.[3] Most of the School's programs are uniquely accredited by Canadian industry associations. Access to exceptional faculty, advanced professional standing and the opportunity for paid work experience in between academic terms make admission to undergraduate programs administered by the School extremely competitive.