On May 15, the ICAO confirmed in a message to members that unification of the profession remains their goal despite announcements from CMA Ontario and CGA Ontario that they are no longer participating in unification discussions.The ICAO emphasized that it remains part of the national unification, believing that unification would benefit all accountants, protect the public interest and strengthen the future of accounting in Canada. ICAO therefore intends to stay involved with developments across Canada and to work with those parties who share similar beliefs.
May 16, 2012
In a communication to their members, Alberta’s CGA and CMA organizations report that they have reached an agreement on moving forward with unification and that details on their provincial proposal and member vote process will be published this week. Click here to read their member communication.
May 15, 2012
The three BC accounting bodies are working toward unification with each of the bodies providing updates and information on "next steps" to their members.
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. A total of 33% of CMA BC members completed the survey and 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 (a more detailed report will be shared with members in early May). CMA BC reaffirmed its commitment to continuing merger discussions with ICABC and CGA-BC.
Read their member update here.
After extensive consultation and feedback, ICABC developed a draft report and recommendations for government and are asking members for their views on the recommendations through a member vote. The report with detailed draft recommendations for the BC government was posted today and the members’ vote is open from May 1 to 18.
Click here to review the draft report.
CGA-BC provided a status report to members on unification talks with the province’s other two professional accounting bodies and the factors, timing and decision-making process involved in any decision to merge.
Click here to review CGA-BC’s recent update.
April 30, 2012
On April 13, the CA, CMA and CGA bodies in Ontario issued communications to members stating that discussions regarding unification are progressing more slowly than planned. Previously, the three provincial bodies said they had expected to issue a merger proposal that would be presented to members for a vote in June. They now say that timeline will be delayed.
Here are the communications issued by each of the three organizations:
April 16, 2012
The Institute of Chartered Accountants of British Columbia (ICABC) has released a summary report of its comprehensive consultation process, including detailed results of its member survey. Results indicate that a majority of respondents to the member survey (53 percent) would likely endorse a recommendation to the BC government to proceed with merger restructuring if it is supported by other key stakeholders.
ICABC’s stakeholder consultation included accounting firms, CA Training offices, public representatives, employers and clients, academics and regulators from the BC Securities Commission, all of which indicated support for unification.
Click here to view the detailed results of the member survey and read the consultation report.
April 13,
2012
The Québec government introduced legislation in the National Assembly on March 28, 2012, establishing the new Ordre des CPA du Québec. Once the legislation is enacted, Québec’s CA, CMA and CGA Orders will move forward to unite their organizations bringing together 35,000 professional accountants under the Chartered Professional Accountant (CPA) designation. The legislation and related information can be accessed here:
Click here for the translation of the Minister’s press release.
Click here for the news release from the three Quebec orders.
Click here for Questions and Answers on the legislation.
This legislation is an important milestone in the ongoing discussions across Canada to unite Canada’s accounting bodies. It comes following consultations with members and other stakeholders in Québec which led the boards of directors of the three bodies to issue a favourable recommendation to the Office des professions du Québec on the unification of the accounting profession in October 2011.
The legislation also serves as an example for other provinces. All provincial bodies in Newfoundland & Labrador, Saskatchewan and British Columbia, and the CA and CMA provincial bodies in Manitoba have introduced provincial unification frameworks for consideration by their members. Discussions are also ongoing in all other provinces with a view to uniting the Canadian accounting profession through the creation of a new certification program leading to a single Canadian accounting designation, Chartered Professional Accountant (CPA).
April 2,
2012
The Institute of Chartered Accountants of Manitoba (ICAM)
released detailed results of its member advisory vote. The results indicated
59.5% of respondents are in favour of unification. (55.5% voted yes and 4%
provided a proxy to the ICAM council, which unanimously endorsed the merger
proposal released Jan. 20, 2012.) A total of 48.7% of ICAM’s members
participated in the vote.
Click here to view the results.
March 23,
2012
The initial review of the member votes conducted by the provincial CA and CMA organizations in Manitoba indicate that the majority of Manitoba CAs and CMAs support the unification of their professions. This is the first member vote conducted by provincial bodies since the Unification Framework was released in January.
Click here to read the communication to CA members.
Click here to read the communication to CMA members.
March 16, 2012
In support of the Unification Framework and new CPA Certification Program, the ICAS Council, CMA SK Council and CGA SK Board have developed a Saskatchewan Merger Proposal, based on common principles. Click here to review the Saskatchewan Proposal.
March 6, 2012
ICAM has compiled a set of Frequently Asked Questions that have come up at town hall meetings, information sessions and emails to the Institute.
Since January 19, ICAM has held nine town hall meetings and 12 information sessions with large public practice and industry employers, reaching 18% of CAs living in Manitoba.
Read the Manitoba Merger Proposal Frequently Asked Questions
February 21, 2012
On February 10, 2012, Alberta’s CMA and CGA organizations
confirmed in a message to members that unification of the profession remains
the goal of both organizations despite the announcement from CA Alberta that they are withdrawing from the provincial unification
discussions.
Discussions continue across the
country at the national and provincial levels with a view to uniting the
Canadian accounting profession through the creation of a new certification
program leading to a single Canadian accounting designation, Chartered
Professional Accountant (CPA).
February 17, 2012
Institute President James Doer and CEO Gary Hannaford host an online presentation that takes you through an overview of current merger activities, the new certification program, what unification means for you and a detailed look at the Manitoba Merger Proposal. Click here to watch.
February 6, 2012
January 24, 2012 - In support of the Unification Framework and 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.
January 25, 2012
In support of the Unification Framework and new CPA Certification Program recently issued by the CICA, CMA Canada and CGA-Canada, the CA Manitoba Council and CMA Manitoba Board have developed a Manitoba Merger Proposal, based on common principles.
As the Canadian accounting profession is provincially regulated, merger proposals and the related decision must be made at the provincial level. Every CA and CMA member, candidate and registered student will have an opportunity to make their views known and help shape the future of our profession. In Manitoba, the Certified General Accountants have decided not to participate in the discussions at this time.
Be Informed
Unification Framework
CPA Certification Program
Manitoba Merger Proposal
Be Heard
Attend a Town Hall
Email the Institute
Join the discussion online at CPA Canada
January 20, 2012
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.
If you would like to provide further feedback to the Institute of Chartered Accountants of Manitoba, please email us at viewpoint@icam.mb.ca or call (204) 942-8248 or toll free within Manitoba at 1-888-942-8248.
January 17, 2012
If you would like to provide further feedback to the Institute of Chartered Accountants of Manitoba, please email us at viewpoint@icam.mb.ca or call (204) 942-8248 or toll free within Manitoba at 1-888-942-8248.
You may also contact the Institute about having a presentation made at your workplace or view the online presentation.
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