CPA Canada Annual Report 2014-2015: Financial performance

The 2014-2015 annual report recognizes that total revenues were significantly higher than the prior year, most notably in certification education programs, and total expenses overall were lower than the year before.

In fiscal 2014–2015, Chartered Professional Accountants of Canada (CPA Canada) operations resulted in a $15.2 million excess of revenues over expenses compared to the prior year where the excess of revenues over expenses was $2.0 million.

  • Total revenues of $121.6 million from all sources increased $11.4 million over the prior year.
  • Total expenses of $106.3 million decreased by $1.9 million compared to prior year total expenses of $108.2 million.
CPA Canada Annual Report, shows higher revenue in 2015 than 2014 CPA Canada Annual Report, shows lower expenses in 2015 than 2014