Acca And Cpa Mutual Agreement

NOTE: Due to the termination of the agreement and the expected size of applications, we recommend that you begin the admission process under this MRA as soon as possible. Processing times may vary depending on the volume. The negotiation process between CPA Canada and ACCA for a new agreement has already begun and will continue in the coming months. The Canadian CPA profession and the Association of Chartered Certified Accountants (ACCA) profession are negotiating a new agreement on how members of the profession can obtain each other`s name. To enable negotiations, the national bodies representing the professions concerned have agreed to withdraw from their existing Mutual Recognition Agreement (MRA). Any new agreement will facilitate further entry into the profession while ensuring the protection of the public interest by maintaining standards of access to each profession at the appropriate level. To support the government`s vision, we have signed a long-term strategic partnership agreement with the uae`s prestigious local audit body – AAA (Accountants and Auditors Association) – to improve the financial sector in the UAE: the Canadian CPA profession and ACCA (the Association of Chartered Certified Accountants) are currently negotiating a new agreement defining how members of different professional categories In 2011, CGA Provincial Bodies and CGA Canada signed the existing Mutual Recognition Agreement (MRA) with the Association of Chartered Certified Accountants (ACCA). Following the association of Canada`s three individual accounting bodies 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. With the exception of CPA Bermuda, which did not have a former CGA entity, and CPA Qu├ębec, which terminated the ACCA on October 17, 2012, the new PCA bodies continued to maintain the agreement. On April 8, 2020, CPA Canada ACCA sent a notice of termination through the MRA to terminate the MRA with effect from April 30, 2021. The agreement applies to members of both bodies, wherever they are in the world, except the province of Quebec. ACCA members residing in Canada must apply through the provincial association in which they reside.

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