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CGA-BC Re-enters Unification Discussions

 

February 26, 2013 

On behalf of the Board of Governors, we are pleased to announce that CGA-BC has re-entered discussions with the Institute of Chartered Accountants and the Society of Management Accountants to unify the accounting profession in B.C. under the Chartered Professional Accountant (CPA) designation. Discussions will continue to build on the progress we made in 2011/12 before our departure from talks, and our goal is to move forward in the near future. We will ensure we address both the risks and the opportunities that a potential merger may provide.  As always, CGA-BC will keep members and students up to date. We will also be providing all members with an opportunity to provide direct feedback through a survey. 

In making the decision to rejoin talks, the CGA-BC Board recognized that discussions around the creation of CPA have continued across the country. CPA Canada was formed on January 1, 2013. All of the CA and CMA bodies outside of Quebec (where all three bodies unified last year) including CMA Ontario are now either in discussions or intend to proceed with discussions.  In B.C., both the CAs and CMAs have agreed to merge. Recently, CGA associations in Newfoundland and Labrador, New Brunswick and Saskatchewan announced that they are rejoining discussions. The CAs in Alberta also rejoined discussions with CGA and CMA Alberta both of whom have already agreed to merge. Not all of the CGA affiliates have chosen to consider unification under the CPA banner. CGA-Canada, CGA Ontario, CGA-Manitoba and CGA-Nova Scotia recently announced their intention to continue to build the CGA designation. Given the progress of CPA both provincially and nationally, the CGA-BC Board recognized that it is in the best interest of our members, students and the public to re-enter the unification discussions within B.C. 

Please watch for emails and other messages posted to the Association’s website. We also encourage feedback through email at merger@cga-bc.org 

This is an exciting time for the accounting profession in British Columbia and Canada, and we look forward to hearing your views.

 

Candace Nancke, FCGA
Chair, Board of Governors
Gordon Ruth, FCGA
Chief Executive Officer

 

 

 

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Certified General Accountants Association of British Columbia.
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