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The CICA's role – in concert with all provinces, territories – is to develop and maintain consistent, uniform standards for the profession's qualification process. These standards ensure the portability of the CA designation across Canada and internationally through various mutual recognition agreements. Admission to the CA profession requires:
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]
Since 2012, the CICA has been in a process of unification with the other two accounting bodies in Canada. Canadian CA's, along with Certified General Accountants (CGAs) and Certified Management Accountants (CMAs), have now adopted the designation Chartered Professional Accountant (CPA), making the term "chartered accountant" obsolete. [12]
It is one of the largest organizations of its type in the world, with over 217,000 Chartered Professional Accountants in Canada and around the world. [6] CPA Canada conducts research on business issues, [7] supports the setting of accounting, auditing and assurance standards for business, non-profits and government, [8] issues guidance and ...
The Society of Professional Accountants of Canada (SPAC) was established in 1978. A Federal Charter was granted to the Society as a Corporation by letters patent under the Provision of Part II of the Canada Corporations Act. The CIAPA is the oldest accounting institution in Canada, and is now under the control of the Society.
Professional bodies represent the interests of their members by lobbying governments, and provide the framework for self-regulation where this is permitted by statute. . Professional bodies are also responsible for administering training and examinations for students and me
In April 2008, CGA-Canada and CPA Australia entered into a MRA to extend the global reach of both organizations into new continents. In June 2009, CGA-Canada and CPA Ireland entered into a mutual recognition agreement. The MRA establishes a strategic partnership between the two leading accounting organizations and gives members the opportunity ...
CPA (Chartered Professional Accountant), the unified accounting designation in Canada conferred by CPA Canada. CA or Chartered Accountant conferred by the Institute of Chartered Accountants of India. Institute of Chartered Accountants within the Commonwealth e.g. Australia and New Zealand, South Africa, Canada (before merger into CPA).