In Alberta, the Certified General Accountants of Alberta, the Certified Management Accountants of Alberta and the Institute of Chartered Accountants of Alberta are working toward unification under the new Chartered Professional Accountant designation. The CPA designation is a new Canadian business and accounting designation, bringing together the CA, CMA and CGA designations across the country. CPA Canada, was created in early 2013 and CPAs are now practicing in both Ontario and Quebec. Other provinces will move into the CPA fold and members will adopt the CPA designation as their respective legislation is changed.
CMA and CGA officially unified in October. The ICAA recently signed a unification agreement with CGAA and CMAA and are now consulting with their members on that agreement. As CGA and CMA members voted last year, ICAA members must now vote on the agreement. Find out more on the ICAA website.
Moving forward, the profession is working with the Government of Alberta to amend the Regulated Accounting Profession Act and its regulations. This is required to create CPA Alberta and use of the CPA designation in the province.
Nationally, the three organizations have worked closely to develop a new national education and certification program required to obtain Canada’s newest professional accounting designation – the Chartered Professional Accountant (CPA). This new program builds on the best of the three education program and from around the world. In Alberta, the CPA Prerequisite Education Program begins August 2013 and the CPA Professional Education (certification level) Program begins in 2014. Find out more under the CPA Program tab.
The Certified General Accountants Association of Canada (CGA-Canada) has returned to talks aimed at unifying the accounting profession in Canada under the Chartered Professional Accountants (CPA) banner. Click here to download the news release.Read more >>
UPCOMING EVENTSThere are no upcoming events at this time.
The key difference is in the composition of the unification agency board. During the transition stage, the unification agency will be comprised of three public members, and three representative of each of the legacy designation organizations. During the consolidation stage, …Read more >>