I knew CMA and CA discussed about merger couple years ago, but it never happened. Actually, for decades, there have been attempts to merge the accounting profession in Canada. However, due to the conflicting interests of the various accountancy bodies, a merger of the industry in the near future is unlikely.
CICA withdrew its recognition of the Institute of Chartered Accountants in England and Wales and Institute of Chartered Accountants of Scotland for a period of time in 2004-05. This was due to pressure the Association of Chartered Certified Accountants (ACCA) put on the United Kingdom government to withdraw practising rights from Canadian CAs in the United Kingdom until similar rights were obtained by Chartered Certified Accountants in Canada. In 2005 the issue was temporarily resolved pending a resolution of the ACCA application for public practise rights in the province of Ontario
If CGA merged with ACCA, does this mean CGAs are able to appliy for public pracitse now?
CICA withdrew its recognition of the Institute of Chartered Accountants in England and Wales and Institute of Chartered Accountants of Scotland for a period of time in 2004-05. This was due to pressure the Association of Chartered Certified Accountants (ACCA) put on the United Kingdom government to withdraw practising rights from Canadian CAs in the United Kingdom until similar rights were obtained by Chartered Certified Accountants in Canada. In 2005 the issue was temporarily resolved pending a resolution of the ACCA application for public practise rights in the province of Ontario
If CGA merged with ACCA, does this mean CGAs are able to appliy for public pracitse now?