CPA Canada signs first agreement with the ICAEW

The first Reciprocal Membership Agreement (RMA) between Chartered Professional Accountants of Canada (CPA Canada) and the Institute of Chartered Accountants in England and Wales (ICAEW) came into effect on November 1.

Toronto, November 15, 2018 – The first Reciprocal Membership Agreement (RMA) between Chartered Professional Accountants of Canada (CPA Canada) and the Institute of Chartered Accountants in England and Wales (ICAEW) came into effect on November 1.

The RMA specifies the criteria by which members of one body are eligible for membership in the other. It was signed by the Canadian profession’s national body, CPA Canada, on behalf of the CPA provincial and territorial bodies and the Chartered Professional Accountants of Bermuda, which has a long affiliation with the Canadian CPA profession.

“Canadian CPAs are committed to increasing international labour mobility through comprehensive international credential recognition agreements,” says Joy Thomas, president and CEO, CPA Canada. “These agreements serve the public interest by providing a pathway for our members to take advantage of career opportunities abroad and by helping top finance and accounting talent to become Canadian Chartered Professional Accountants. It’s a win for Canada, England and Wales, and the global economy.”

For more information on obtaining the Canadian CPA designation, visit cpacanada.ca/CPAforICAEWmembers. To find out more about getting the ICAEW designation, visit cpacanada.ca/getICAEWdesignation.