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Unification of the Accounting Profession

Welcome to CPA Ontario

July 2, 2014 - Members of CGA Ontario became members of CPA Ontario as a result of the signing of the Second Unification Agreement.

As members of CPA Ontario, CGAs in good standing are now required to use the Chartered Professional Accountant designation. CPA Ontario membership certificates will be sent late August 2014.

In the interim, members must use the CPA designation in conjunction with their legacy designation as follows:

Until November 2022:
• Name, CPA, CA
• Name, CPA, CGA
• Name, CPA, CMA

After November 2022:
• Name, CPA
or
• Name, CPA, CA
• Name, CPA, CGA
• Name, CPA, CMA

At which time members have either option. Use of a legacy designation on its own will not be permitted.

Further to that:
• Retired CGAs become retired CPA, CGAs
• FCGAs become FCPA, FCGA

Link to designation guidelines
Unification FAQ

Second Unification Agreement


June 23, 2014
- The Chartered Professional Accountants of Ontario and the Certified General Accountants of Ontario have signed the Second Unification Agreement in support of unification of the accounting profession in Ontario. News release

The two Unification Agreements (CPA Ontario and CMA Ontario signed the First Unification Agreement in April 2014) outline the process to unify the functions and operations of the three bodies while respecting the statutory duties of each.

Together with our partners at the national and provincial levels, our combined 80,000-plus members are now part of a unification movement that represents all of Canada’s more than 185,000 designated accountants.

Next Steps:

•    Final unification will come with the introduction of a new Chartered Professional Accountants Act, which will create a renewed CPA Ontario combining the members, staff and resources of thethree legacy bodies.

•    CPA Ontario will seek a Chartered Professional Accountants Act from the Province of Ontario as soon as possible.

•    CGAs’ member certificates will be issued this summer.


June 18, 2014 - Marks a significant time in the history of our profession. 


The members of the Chartered Professional Accountants of Ontario and the Certified General Accountants of Ontario have voted in support of unification of the accounting profession in Ontario.

Voting results were announced at the respective Special General Meetings held by both CPA Ontario and CGA Ontario the afternoon of June 18, 2014.
 
CGAs will become members of CPA Ontario in early July.

Members of CMA Ontario voted last year in support of unification and became members of CPA Ontario in April, 2014.

CPA Ontario’s more than 80,000 members now join their colleagues across the country, bringing all 185,000 members together under the CPA designation, with one set of standards and one voice in support of its membership and the public interest.

CPA Ontario will seek a Chartered Professional Accountants Act from the Province of Ontario as soon as possible.
 

Unification Agreement – Key Terms

The Case for Unification is Strong
Unification among the three regulated Canadian designations – Certified General Accountant, Certified Management Accountant and Chartered Accountant – has been achieved or is in progress nationally and in every Canadian province and territory. It is time to move forward in Ontario.

Change for the Better…

For the Profession • Greater influence • A made-in-Canada solution to increased global competition • A profession for the best and the brightest

For the Public • Uniformly high and consistent ethical and practice standards • Promoting the CPA designation • Less marketplace confusion

For Members • Compete on a level playing field • Protection of legacy rights • Retention of legacy designations • Enhanced professional development resources and member benefits

June 2013 – The members of CPA Ontario and CMA Ontario agreed to unify and the resulting unification agreement was executed as of April 1, 2014.

June 2014 – Members of CGA Ontario and CPA Ontario voted on unification.
 


Questions

Click here to read our FAQ document, or send your comments and questions to ceo@cga-ontario.org.