TIME TO SECURE OUR FUTURE - Uniting the Canadian Accounting Profession

January 23, 2013 CPA CANADA UPDATE

This newsletter is designed to keep you up-to-date on the latest developments as progress continues on uniting the Canadian accounting profession under the new Canadian Chartered Professional Accountant (CPA) designation. Here you will find the results of member feedback; the decisions of the national and provincial bodies and related unification news.

You’ll also find links that lead to more details about each item on the CPA Canada
website – your main national source for timely, complete information about the
unification process.

National Developments
National CPA Canada organization established

Kevin Dancey and Joy Thomas

CPA Canada executives Kevin Dancey and Joy Thomas

The Canadian Institute of Chartered Accountants (CICA) and The Society of Management Accountants of Canada (CMA Canada) announce that Chartered Professional Accountants of Canada (CPA Canada) has been established under the Canada Not-for-profit Corporations Act, effective January 1, 2013.

In addition, a 16-member Board of Directors for the new organization has been established. The composition of the board takes into account regional representation as well as representation of the legacy designations participating in unification. The new board represents a cross-section of perspectives and includes public representatives. More >

CPA Canada Board holds inaugural meeting

At its first meeting on January 15, 2013, the CPA Canada Board of Directors 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 these two bodies and their members to CPA Canada brings the number of individual CPA Canada members to more than 70,000.
CPA Canada is now established. CICA and CMA Canada will continue as the two Legacy Members of CPA Canada. This approach to creating CPA Canada ensures that all legacy CAs and CMAs as well as CPAs and CGAs participating in unification are served at the national level.
The CPA Canada Board has appointed Kevin Dancey FCPA, FCA, as President & CEO of CPA Canada. He and Joy Thomas, FCMA, who assumes the role of Executive Vice-President, will lead the new national organization.
Provincial Progress Continues
New Brunswick CA, CMA and CGA accounting bodies issue announcements

CGANB Board of Governors announces it will resume unification discussions with New Brunswick CA and CMA bodies. More >
Newfoundland and Labrador CAs, CMAs, and CGAs resume unification discussions

CGAs in Newfoundland and Labrador re-join unification talks with ICANL and CMA-NL. More >
The Institute of Chartered Accountants of Bermuda announces positive vote results

The Institute of Chartered Accountants of Bermuda issues member communication providing positive results of the Special General Meeting. More >