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In December 2006, CGA-Canada and the Association of Chartered Certified Accountants (ACCA) announced a mutual recognition agreement (MRA) to take effect on 1 January 2007. This agreement was renewed in 2011. In April 2008, CGA-Canada and CPA Australia entered into a MRA to extend the global reach of both organizations into new continents.
Certified General Accountant (CGA) is a professional designation granted to Canadian accountants.A person who meets the education, experience and examination requirements of the Certified General Accountants of Canada (CGA-Canada) is entitled to use the professional designation and add the letters "CGA" to their title.
Certified General Accountants of Ontario (CGA Ontario) is the professional association of certified general accountants in the province of Ontario, Canada.It is the largest affiliate organization of CGAs in the world, responsible for the accreditation, regulation and professional development of more than 20,000 CGAs in fields such as business and industry, government, the public sector, and ...
On October 1, 2014, the union of Canada's accounting profession became complete with the integration of the CGA-Canada and CPA Canada, placing all of Canada's recognized national accounting bodies under the singular CPA banner. [14] The Canadian CPA designation has since grown to more than 210,000 members in Canada and around the world. [15]
On October 1, 2014 CGA-Canada joined CPA-Canada, finishing the process of bringing all of Canada's professional accounting organizations together under the auspices of one nationally recognized organization. [16] Today all recognized provincial and national Canadian accounting organizations are unified under the CPA designation.
In English Canada, the Society of Incorporated Accountants and Auditors was formed in 1918 and incorporated in 1919 by members of the GAA. [na 26] It would become the United Accountants and Auditors of Canada in 1920, [na 27] conferring the "United Accountant" ("UA") designation. [31] [d] It would later engage in a failed attempt to take over ...
2011 - Merger talks are renewed, this time including CGA Canada, [8] to create a new national accounting body. Over the next three years member organizations in all provinces agree to merge, forming Chartered Professional Accountants of Canada. [3]
Generally Accepted Accounting Principles (GAAP) [a] of Canada provided the framework of broad guidelines, conventions, rules and procedures of accounting.In early 2006, the AcSB decided to completely converge Canadian GAAP with international GAAP, i.e. International Financial Reporting Standards (IFRS), as set by the International Accounting Standards Board (IASB), for most entities that must ...