Today, CPA Canada is a national organization representing the unification of the CIGA (Canadian Institute of Chartered Accountants), the CMA Canada (Society of the Management Accountants of Canada), and CGA-Canada (Certified General Accountants of Canada). However, in 20, three of the biggest Canadian credential organizations decided to merge. Similar to the US, each Canadian province has its own regional accounting body. Although they generally follow the recommendations of the AICPA and NASBA, the boards still have the final say in specific education standards and experience benchmarks. Likewise, they can even set continuing education requirements. And those boards set the requirements to get the CPA license. In fact, each state and territory has its own board of accountancy, meaning the US has 55 in total. the US CPA? Well, in the United States, individual boards of accountancy grant the Certified Public Accountant credential instead of a national governing body. So, what’s the difference between getting a credential from CPA Canada vs.
At the end, you’ll also find info about how to become a CPA in Canada from the USA. So, I decided to write a short post on the basics. Readers have also asked me about the Canada CPA Exam. Although my site mostly covers the US CPA exam, I’ve received lots of questions on the new CPA Canada designation.
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