Cma Canada Mutual Recognition Agreement

Apart from that, whether you are a reputable member in one of the international bodies that have entered into an MRA agreement, you must: members of international accounting bodies who have a valid recognition agreement with CPA Canada, if you are not a reputable member of an international accounting body covered by a reciprocity agreement with CPA Canada or the legacy bodies of the CPA , please visit the International Federation of Accounts( IFAC) Global Impact Map to verify that your accounting office is listed under IFAC. In 2014, three professional organizations in Ontario, CA, CMA and CGA signed an application to consolidate the profession in the province under the name Chartered Professional Accountants of Ontario (CPA Ontario), which will come into effect the same year. Other provinces are following suit. By 2016, the association will be largely completed across Canada (NWT and NU join us in 2019). CPA Canada has entered into the mutual recognition agreement between CIMA and CMA Canada. CIMA members may become members of CPA Canada, provided certain requirements are met. The Canadian CPA profession and the Association of Chartered Certified Accountants (ACCA) are currently negotiating a new agreement defining how members of the professionals involved can obtain the designation of the other profession. CPA Canada has signed membership recognition agreements with international accounting bodies that allow Canadian CPAs to apply for membership in these bodies and allow their members to apply for the Canadian CPA designation. If you are a highly qualified member with a good reputation with an international accounting body covered by a reciprocity agreement with CPA Canada or the CPA`s heritage bodies, and if you are authorized to work as a Canadian citizen, permanent resident or legally resident in Canada, you may be eligible for CPA certification in Canada. Please note the table below.

The following international accounting bodies are covered by a reciprocity agreement with CPA Canada or the CPA Legacy bodies. Designated accountants (active and reputable) of an international accounting body that is a member of the International Federation of Accountants (IFAC) without mutual agreement with CPA Canada or THE LEGACY Bodies CPA (CA, CGA and CMA) are eligible to apply to the CPA Professional Education Program (CPA PEP) in C.C.A.C.A.C.C. If you are a highly qualified and reputable member of an international accounting body mentioned below (having obtained membership through the end of the accounting certification process and not through a recognition agreement with another accountant) and have obtained your designation while you are not resident in Canada, you may be eligible for certification in Canada through an older Mutual Membership Agreement (ARMA).