National CPA Canada organization expected in early 2013

CICA and CMA Canada have set January 1, 2013 as the target date for the official launch of CPA Canada.

CICA and CMA Canada have set January 1, 2013 as the target date for the official launch of CPA Canada, the national organization that will support provincial bodies that have unified, and all those that will unify, under the CPA banner. The initial members of CPA Canada will be CICA and CMA Canada. Provincial bodies (and their members) will become members of CPA Canada as they complete their process to become a CPA body.

Establishment of a national body for Canada’s CPA profession is a significant step forward. Work is underway on development of the structure and by-laws for the new national body, as well as the Collaboration Accord that will govern the inter-relationship between CPA Canada and the provincial bodies who participate in unification. It is anticipated that initially only certain operations of CICA and CMA Canada, such as the development of the CPA certification program, will be integrated within CPA Canada. CICA and CMA Canada will remain in place until such time as all national operations are transferred to CPA Canada (expected in 2013) and all provincial organizations have completed the necessary process to unify under the CPA banner, which could take several years.

Creation of CPA Canada ensures that its top priority, the development of a new CPA certification program that is as rigorous as all existing programs, will be in place for delivery in parts of Canada by fall 2013, with the first CPA exams offered in the fall of 2015. The CPA competency map and supporting educational requirements will be released shortly.

More information will be shared with members as plans and timelines for establishing CPA Canada are developed.