Nova Scotia CAs, CMAs and CGAs release merger proposal

In support of the Unification Framework, ICANS, CMA Nova Scotia and CGA Nova Scotia release provincial merger proposal.

Today, the leadership of the Institute of Chartered Accountants of Nova Scotia (ICANS), the Society of Management Accountants of Nova Scotia (CMA Nova Scotia) and the Certified General Accountants Association of Nova Scotia (CGA Nova Scotia) released the Nova Scotia Merger Proposal for CA, CGA and CMA to their members. The Council of ICANS and boards of CMA Nova Scotia, CGA Nova Scotia together developed and approved this proposal in support of the Unification Framework, including the eight Guiding Principles for Unification released in 2012.

As the Canadian accounting profession is provincially regulated, merger proposals and related decisions must be made at the provincial level. Significant changes to the profession, such as unification, ultimately require legislative approval by the provincial government.