CGA Provincial Bodies and CGA Canada signed the Existing Mutual Recognition Agreement (MRA) with the Association of Chartered Certified Accountants (ACCA) in 2011. Following the unification of Canada`s three different accounting positions in 2014, the commitments of each CGA body that was a party to the agreement were transferred to the new CPA body for that jurisdiction. In 2020, we renewed our Mutual Recognition Agreement (MRA) with the Hong Kong Institute of Certified Public Accountants (HKICPA). The renewed agreement will be in effect until June 30, 2025. Any new agreement between us will allow us to outline the continuation of entry into the profession while ensuring that the public interest is protected by maintaining the standards of entry into the profession at the appropriate level. How can I earn the required Canadian tax and law course? For more information on the MRA between the ACCA and CPA Canada, see CPA Canada`s FAQ page for ACCA members. To support the government`s vision, we have signed a long-term strategic partnership agreement with the prestigious VAE (Accountants and Auditors Association) local audit association AAA to improve the financial sector in the United Arab Emirates by: the MRA does not apply to students, to all those who have received their ACCA through another MRA, or to ACCA members who do not have a university degree. What is the timetable for the end of the agreement? For more information on CPA and ACCA members who wish to apply for their respective subscriptions, visit the CPA Atlantic School of Business. The process of negotiating a new agreement between CPA Canada and the ACCA has already begun and will continue in the coming months. Over the past two years, the ACCA and CPA Canada have collaborated on important initiatives, including a major joint research project on how accountants can help fill the infrastructure gap, as well as cooperation in public sector activities. If you are a reputable member of ACCA, UNITED Kingdom, you can qualify to become a member of CPA Ontario under the Mutual Recognition Agreement (MRA) between CGA Canada and ACCA, United Kingdom. If you are admitted to CGA Ontario, you will be automatically admitted to CPA Ontario under the Accounting Profession Association and you have the right to use the CPA, CGA designations in Ontario.
The terms of the previous Mutual Recognition Agreement (MRA) are met for a transitional period of 12 months to file its full application by April 30, 2021 at 4:00 p.m., and then 12 months for the provincial authorities to process applications.