Why did CGA Canada and Ordre des Experts-Comptables de France enter into this agreement?
A. This Mutual Recognition Agreement (MRA) strengthens the already excellent relationship between the two bodies. It provides a route for qualified members of either body to become a member of the other body. The agreement also provides a platform for greater collaboration. Perhaps most important of all, is that in today’s environment, strategic alliances are integral to ensure continued global recognition.
What is the MRA about? Does it apply to me?
A. The MRA provides a route for qualified members of either body to become a member of the other body. This includes providing members with increased international recognition and mobility. The MRA is not applicable to students or OEC de France affiliates.
Does the agreement cover members only in Canada?
A. No. The agreement applies to members of both bodies wherever they are located in the world with the exception of Quebec. CGA Quebec and the OEC de France signed a separate agreement in 2009.
What is the term of the MRA?
A. The initial term is for five years, commencing June 28, 2010.
Why should I become a member of CGA? What are the benefits?
A. The MRA provides OEC de France members with increased recognition in various parts of the world and therefore with increased international mobility.
What coursework do OEC de France members need to complete before they can become eligible for CGA Canada membership under the terms of the MRA?
A. OEC de France members must complete the Overview of Canadian Tax and Law course offered by CGA Canada. OEC de France members may be exempt from this course if they have passed CGA Taxation 1 or an equivalent course from a recognized tertiary institution in Canada. Contact the appropriate CGA office for information about exemptions. PLEASE NOTE: This course is only available in English.
How do I arrange to take CGA Canada’s required course?
A. The required course can be accessed by visiting CGA’s Professional Development Network at www.cga-pd.net. Upon successful completion of the online course a copy of the certificate of completion must be sent to the appropriate association office. Please note that the course is only available in English.
How much will CGA’s tax and law course cost?
A. The cost of the CGA course is $325 Canadian plus 12% HST. Payable by Mastercard or Visa only.
I plan to immigrate to Canada as an OEC de France member and obtain my CGA next year. Can I apply before coming to Canada?
A. Yes. OEC de France members applying from outside of Canada can apply directly through CGA Canada’s International department.
How do I apply to become a member of CGA Canada?
A. Step 1: Download and complete the initial application form available.
Step 2: Contact OEC de France and request a Membership Status Letter.
Step 3: Submit your completed application form along with the Membership Status Letter from OEC de France.
Step 4: Complete the online Overview of Canadian Income Taxation and Law course and submit the certificate of completion. If a transfer credit is granted by the Association, provide official sealed transcripts from the post-secondary institution. These documents may be submitted with the initial application.
Step 5: Once the above information has been provided and approved by the Association, you will be invited to complete and submit an application for membership. Your application must include payment of the application for membership fee and annual dues. When your application has been approved, you will be notified of your admission to membership and have the right to use the CGA designation.
How long will it take for my application to become a CGA to be processed?
A. Once the required documents are received by the CGA office it would take one to two months to process an application to become a CGA under this MRA.
If I apply for membership with CGA Canada under this MRA do I have to keep my OEC de France membership?
A. No. Members of both bodies are not required to keep their membership if they are accepted as a member of the other body under this MRA.
What are the application fees to become a CGA under the MRA?
A. The membership application fee is $300 Canadian. This fee may vary by province.
What are the annual fees for CGA Canada?
A. CGA Canada’s annual membership dues vary by province, but average $800 Canadian each year. Offshore membership dues are $450 Canadian. These fees are subject to change. Contact the appropriate CGA office for more information.
What do I need to do to maintain my membership with CGA Canada?
A. To maintain your membership you will be required to pay annual membership dues and meet the Continuing Professional Development (CPD) requirements for CGA Canada. Members in public practice will also be required to meet the annual public practice registration requirements.
What are the CGA mandatory CPD requirements?
A. They are the same as OEC de France. Both OEC de France and CGA have adopted the International Federation of Accountants’ (IFAC) CPD standards.
If I obtain my CGA designation in one province will it be recognized in another?
A. Yes. CGAs enjoy full mobility within Canada. Professions in Canada are regulated at the provincial level. This means CGAs moving from one province to another are required to transfer their membership to the province of residence and may be required to complete additional courses or exams. PLEASE NOTE: Members who wish to practice in Quebec must register with the CPA office as they are the regulatory body in that province: email@example.com. Please contact them directly for further information. You are welcome to apply for membership with CGA Canada as well and can do so by emailing: internationalinquiries@CGA Canada.org.
If I obtain my CGA designation in Canada, can I use this when I go to work in Hong Kong/Bermuda/China, etc.?
A. Yes. CGA designations obtained in Canada are recognized abroad.
Does the MRA confer practicing rights in countries where CGA Canada members are eligible to obtain a practicing certificate from another body?
A. No. Members wishing to obtain a practicing certificate from a particular country will need to meet additional requirements specified by the regulatory authority in that country.
I am an OEC de France student and have not received my diplôme d’expertise comptable. Can I qualify under the MRA?
A. Only full members of OEC de France can qualify to become a CGA under the MRA.