ICAS and CMA Saskatchewan pursue merger agreement

The ICAS and CMA bodies in Saskatchewan provide an update on merger developments.

On December 3, 2012, the Institute of Chartered Accountants of Saskatchewan (ICAS) announced to their members that the ICAS Council has voted unanimously in favour of pursuing a merger agreement with CMA Saskatchewan. In addition, a Transitional Steering Committee (TSC), consisting of ICAS and CMA members, has been formed to oversee the merger process in Saskatchewan.

The objective of the TSC will be to make recommendations to each Council for its consideration and approval and to work collaboratively to unite ICAS and CMA Saskatchewan, and create the provincial CPA body. Supported by management and staff of both organizations, along with legal counsel and other advisors as necessary, the TSC will be responsible for major tasks including the merger agreement, Report to Government, draft legislation and bylaws, and funding arrangements.