Details of the Canadian CPA Certification Program
The vision of the new CPA designation is to be “the pre-eminent internationally recognized Canadian accounting and business credential that best protects and serves the public interest.”
The new CPA certification program provides the foundation for that vision.
The new CPA certification program will meet or exceed all International Federation of Accountants (IFAC) standards for education, assessment and practical experience. It will also meet or exceed the requirements of the leading global accounting bodies, ensuring the new profession can maintain existing and establish new Mutual Recognition Agreements (MRAs) or Reciprocal Membership Agreements (RMAs).
The new program is a nationally developed program that will be delivered by the provincial (or in some cases regional) bodies. It will:
The CPA certification program is designed to meet the needs of industry, government and public practice by ensuring that all CPAs have the strong foundation of knowledge and skill as professional accountants to succeed in whatever role or position they take on. It recognizes that not all CPAs will be trained to be auditors at the point of qualification, though that option
The CPA certification program consists of:
Diagram of Implementation of CPA Professional Education Program