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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]
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.
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. A CGA is jointly a member of CGA-Canada and a provincial or territorial CGA association, or a CGA association overseas.
Historically, Canada had three nationally recognized accounting classifications until 2013: Chartered Accountant (CA), Certified Management Accountant (CMA), and Certified General Accountant (CGA). The national CA and CGA designations were created by Acts of Parliament in 1902 (CA) and 1913 (CGA). [12]
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 ...
2004 - The CICA begins merger talks with CMA Canada, but talks do not go beyond the exploratory stage. [citation needed] 2011 - Merger talks are renewed, this time including CGA Canada, [8] to create a new national accounting body.
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CMA candidates (without advanced professional standing) must have obtained a university degree and have credits in a specified list of subjects, before they can write the CMA Entrance Examination. [20] Upon passing this stage, they then enter the Strategic Leadership Programme ("SLP"), [21] which has the following components: [22] Development Phase