Uniting the Canadian Accounting
Profession On January 17, 2012, the
Canadian Institute of Chartered Accountants (CICA), the Certified Management Accountants of Canada (CMA
Canada) and the Certified General Accountants of Canada (CGA-Canada) presented members with a framework to
unify the Canadian accounting profession.
The Unification Framework is the result of several months of discussions
among our organizations and consultation with members, Canadian business leaders, governments, regulators and
other stakeholders. It includes details of a transition to a new common designation, Chartered Professional
Accountant (CPA), and the development of a new CPA Certification Program. The structure of the framework is
consistent with the unification process already underway in the Province of Quebec, where the Orders of
Chartered Accountants, Certified Management Accountants and Certified General Accountants have agreed to
unify under the Chartered Professional Accountant designation.
By joining together, our
organizations and members will be in a strong position to provide the highest quality financial and
management accounting services, while serving and protecting the public interest by establishing consistent
codes of professional conduct, disciplinary systems and licensing regimes. Unification of the profession
would result in Canada having one of the largest accounting organizations in the world with the influence
needed to advance Canadian business interests. Visit www.CPACanada.ca for more information about the Unification Framework and the supporting CPA
Certification Program.
CMA BC Merger Survey
Update An initial review of the results
of the CMA BC member survey indicates that the majority of CMAs in British Columbia support the unification
of the accounting profession. According to the survey results, 66% of those members who responded are
strongly in favour and 25% are somewhat in favour of the merger proposal.
The survey was open to members
in good standing from April 2 through April 20, 2012. A total of 1,575 members completed the survey (33% of
the total membership).
CMA BC reaffirms its commitment
to continuing merger discussions with ICABC and CGA-BC, and thanks those members who participated in the CMA
BC member survey. The full results are now being reviewed, and a detailed report will be prepared and
distributed to members in early May. .
Provincial Merger Proposal Released In support of the Unification
Framework and the new CPA Certification Program, the ICABC Council, CMA BC Board and CGA-BC Board have
developed a British Columbia Merger Proposal, based on common principles. Click here to review the British Columbia Proposal
(89KB).
A consultation period is now
underway, and will end in late March. Members are invited to provide feedback via town hall events, organized
in partnership with the provincial chapters.
If you have any questions or
would like to speak with someone directly, please contact us at cmabc@cmabc.com, 604-687-5891 or 1-800-663-9646 (toll-free).
2012 Town Halls
During the consultation period
in February and March, members were invited to provide feedback via a series of town hall
events.
Couldn't attend one of the town
halls? View the presentation and video from the Vancouver town hall:
CPACanada.ca
Please visit this website to learn more about the merger discussions and to download the Unification
Framework and the supporting CPA Certification Program documents.
