CPA designation usage provisions proclaimed in Nova Scotia

Individual professional accountants in Nova Scotia are now required by law to use the Chartered Professional Accountant (CPA) designation in conjunction with their legacy designations

UNIFICATION IN NOVA SCOTIA

On July 1, 2015, the CPA designation usage provisions of the Chartered Professional Accountants Act were proclaimed by the Governor in Council. All individual members of the Certified General Accountants Association (CGAs), The Society of Certified Management Accountants (CMAs) and the Institute of Chartered Accountants (CAs) are now required by law to use the designation ‘Chartered Professional Accountant’ or ‘CPA’ after their name, along with the applicable tagging of legacy designations.

Note

Public practice firm names, and the descriptive styles under which they operate, are not changing at this time. Those provisions will come into effect on proclamation of the next stage of legislation.

NEXT STEPS

The next stage of legislation will be introduced in the fall of 2015 to officially merge the three legacy accounting bodies into Chartered Professional Accountants of Nova Scotia (CPANS) and establish its regulatory framework. This will allow all members from the three legacy accounting bodies to transfer into CPANS, which will represent more than 4,400 members and students in Nova Scotia.

Status of unification across Canada

All 40 accounting bodies in Canada have either unified or are participating in discussions to unite under the CPA banner.

Highlights

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