CPA Manitoba announces legislation

The unification of the profession takes a new step in Manitoba.

The CPA Manitoba Joint Venture is pleased to announce that the Chartered Professional Accountants Act was introduced on December 1, 2014, in the Manitoba Legislature. This is a significant step for the accounting profession in Manitoba.

When passed and proclaimed, the new legislation will establish the Chartered Professional Accountant (“CPA”) designation in Manitoba. The Act will replace The Chartered Accountants Act, The Certified Management Accountants Act, The Certified General Accountants Act and The Certified Public Accountants Act which currently govern the designated accounting profession in Manitoba.

It is anticipated that the Act will receive Royal Assent in the spring of 2015. Once a new board is established and bylaws are approved, the legislation can be proclaimed into law.

Manitoba members are required to continue use of their legacy designation until the legislation receives Royal Assent. A comprehensive communication plan will be provided to members following proclamation.