About CPA Canada
Chartered Professional Accountants of Canada (CPA Canada)
Chartered Professional Accountants of Canada (CPA Canada) was established by The Canadian Institute of Chartered Accountants (CICA) and The Society of Management Accountants of Canada (CMA Canada) on January 1, 2013 under the Canada Not-for-profit Corporations Act.
CPA Canada has been established to support Canadian provincial accounting bodies that have unified, and all those that will unify, under the banner of Chartered Professional Accountant as part of the unification of the Canadian accounting profession.
To be the pre-eminent, internationally recognized Canadian accounting designation and business
credential that best protects and serves the public interest.
On January 15, 2013 the Board of Directors of CPA Canada approved the applications of CPA Quebec and the Institute of Chartered Accountants of Ontario (ICAO) to become Organization Members of CPA Canada. The entry of CPA Quebec and ICAO and their members to CPA Canada brings the number of individual members in CPA Canada to more than 70,000.
Provincial bodies can apply to become members as they complete their processes to merge under the CPA banner.
President and CEO
Kevin Dancey, FCPA, FCA
Joy Thomas, MBA, FCMA, C.Dir.
December 4, 2013 - CPA Canada Board Chair Honoured
Toward a unified profession
Currently, accounting bodies representing over 80 percent of Canada’s professional accountants are committed to unification of the profession or have already merged under the CPA banner. Unification was achieved in Quebec in May 2012 and, in November 2012, all CAs in Ontario were issued the CPA designation. Should all provincial organizations of Canada’s three legacy accounting designations unite, the membership of the combined profession would be more than 175,000 strong making it one of the largest in the world.
The CPA Certification Program
The creation of the new CPA certification program that will consistently produce CPAs of the highest caliber is a key priority for CPA Canada. A CPA Competency Map released in October 2012 provides the basis for developing the CPA certification program, including evaluations, accreditation and practical experience requirements. It sets the standards for entry into the profession, describing the knowledge, skills and proficiency levels expected of the newly qualified CPA. The new CPA professional education program will be available in western Canada in the fall of 2013, and across the rest of the country in the fall of 2014.
In January 2012, following eight months of member and stakeholder consultation, the Canadian Institute of Chartered Accountants (CICA), the Society of Management Accountants of Canada (CMA Canada), and Certified General Accountants of Canada (CGA-Canada) issued A Framework for Uniting the Canadian Accounting Profession under a new Canadian Chartered Professional Accountant (CPA) designation.
The national organizations circulated the framework and overview of CPA certification program to their members and the councils and boards of the provincial and territorial accounting organizations as a platform to review and consider unification and, as a means to engage members, governments, regulators and other important stakeholders.
As the Canadian accounting profession is provincially regulated, proposals to merge accounting organizations are being issued provincially, as decisions are made. More information on the unification process can be found at www.CPACanada.ca.