Acca Agreement With Cpa Canada

The MRA offers ACCA members increased recognition in different parts of the world with increased international mobility. I am sure they will come to some sort of agreement that would extort some money from ACCA members who want to get the CAP. With the completed membership form you must submit, the Canadian CPA profession and the UK-based Association of Chartered Certified Accountants (ACCA) profession are currently negotiating a new agreement that defines how members of each profession can obtain the name of the other. 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. Admission as a member under this MRA does not automatically give a member the right to work in public practice. In the province of British Columbia, CPABC manages, through the Public Practice Committee, the requirements for a practice licence. Only applicants who intend to establish a public practice society in the province must obtain a licence to practice. You will receive information about the conditions for granting a license by email to publicpractice@bccpa.ca or in the public domain. In order 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 Alliance brings together the resources of the world`s largest professional audit firm with one of the world`s leading CA bodies and, through the exchange of regional expertise, and, beyond sectors, create a stronger voice on behalf of their members. The negotiation process between CPA Canada and ACCA for a new agreement has already begun and will continue in the coming months. We will continue to keep all members informed of the status of our reciprocity agreements. In 2020, we renewed our existing Mutual Recognition Agreement (MRA) with the Institute of Certified Public Accounts (HKICPA) in Hong Kong.

The renewed agreement is in force until 30 June 2025. What I thought about more was whether they will have an itinerary for students and affiliates with their members. The agreement applies to members of both bodies, wherever they are in the world, except the province of Quebec. CACA members residing in Canada must apply through the provincial federation in which they reside. An MRA is a mutual recognition agreement that allows qualified members of both institutions to become members of the other body and enjoy the benefits that both denominations can offer. It also means offering members greater international recognition and mobility. The MRA does not apply to students, individuals who obtained their ACCA through another MRA, or ACCA members who do not have a post-graduate license. We have signed a Mutual Recognition Agreement (MRA) with the Malaysian Institute of Certified Public Accountants (MICPA). This paves the way for members of each organization to join the other and benefit from it. The two institutions have also partnered to work to strengthen the Malaysian accounting profession.

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