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FAQs for ACCA Members 

  1. Why did CGA-Canada and ACCA enter into this agreement?
  2. What is the MRA about? Does it apply to me?
  1. Does the agreement cover members regardless of where they reside?
  2. What is the term of the MRA?
  3. Why should I become a member of CGA? What are the benefits?
  4. How do I apply to become a member of CGA-Canada?
  5. What coursework do ACCA members need to complete before they can become eligible for CGA-Canada membership under the terms of the MRA?
  6. How do I arrange to take CGA-Canada’s required course?
  7. How much will CGA’s tax and law course cost?
  1. I do not have a university degree and I qualified as an ACCA member after July 31, 1998. What do I need to do to become a CGA?
  2. I plan to immigrate to Canada as an ACCA member and obtain my CGA next year. Can I apply before coming to Canada?
  3. How long will it take for my application to become a CGA to be processed?
  1. If I am already a CGA, do I have to do anything?
  2. If I apply for membership with CGA-Canada under this MRA do I have to keep my ACCA membership?
  1. What are the application fees to become a CGA under the MRA?
  2. What are the annual fees for CGA-Canada?
  3. What do I need to do to maintain my membership with CGA-Canada?
  4. What are the CGA mandatory CPD requirements?
  1. If I complete my professional developments requirements through the routes offered under the ACCA’s Realise Continuing Professional Development program will this count toward my CPD requirements as a CGA member?
  2. I have a practicing certificate with ACCA enabling me to conduct audits in the UK. Can I transfer this to an audit status equivalent with CGA in a province where CGA-Canada has statutory rights to audit?
  1. If I obtain my CGA designation in one province will it be recognized in another?
  2. If I obtain my CGA designation in Canada, can I use this when I go to work in Hong Kong/Bermuda/China, etc.?
  1. Does the MRA confer practicing rights in countries where CGA-Canada members are eligible to obtain a practicing certificate from another body?
  2. I am an ACCA student and have not completed my practical experience to become a full member. Can I qualify under the MRA?

 

1. Why did CGA-Canada and ACCA enter into this agreement?

A. This Mutual Recognition Agreement (MRA) strengthens the already excellent relationship between the two bodies. It provides a route for qualified members of either body to become a member of the other body, and enjoy the benefits which both organizations can offer. The agreement also provides a platform for greater collaboration. Perhaps most important of all, is that in today’s environment, strategic alliances are integral to ensure continued global recognition.

2. What is the MRA about? Does it apply to me?

A. The MRA provides a route for qualified members of either body to become a member of the other body and enjoy the benefits which both designations can offer. This includes providing members with increased international recognition and mobility. The MRA is not applicable to students or ACCA affiliates.

3. Does the agreement cover members regardless of where they reside?

A. The agreement applies to members of both bodies wherever they are located in the world, except for the province of Quebec. However, under the Agreement on Internal Trade (AIT), ACCA members wishing to practice in Quebec can receive their CGA designation in another province or territory first, then be recognized as a Certified Professional Accountant (CPA) in Quebec.

4. What is the term of the MRA?

A. The initial term is for five years, commencing January 1, 2007. The term was renewed for another five years in June 2011. 

5. Why should I become a member of CGA? What are the benefits?

A. The MRA provides ACCA members with increased recognition in various parts of the world and therefore with increased international mobility.

6. How do I apply to become a member of CGA-Canada?

A. Step 1: Download and complete the initial application form available.

Step 2: Contact ACCA and request a Membership Status Letter.

Step 3: Submit your completed application form along with the Membership Status Letter from ACCA. ACCA members resident in Canada and Hong Kong must apply through the CGA Association where they reside. ACCA members resident outside Canada (except Hong Kong) must apply through CGA-Canada International in Vancouver.

Step 4: Contact your university to have an official sealed transcript sent directly to the Association.

Step 5: Complete the online Overview of Canadian Income Taxation and Law course and submit the certificate of completion. If a transfer credit is granted by the Association, provide official sealed transcripts from the post-secondary institution. These documents may be submitted with the initial application.

Step 6: Once the above information has been provided and approved by the Association, you will be invited to complete and submit an application for membership. Your application must include payment of the application for membership fee and annual dues. When your application has been approved, you will be notified of your admission to membership and have the right to use the CGA designation.

7. What coursework do ACCA members need to complete before they can become eligible for CGA-Canada membership under the terms of the MRA?

A. ACCA members must complete the Overview of Canadian Tax and Law course offered by CGA-Canada. ACCA members may be exempt from this course if they have passed CGA Taxation 1 or an equivalent course from a recognized tertiary institution in Canada. Contact the appropriate CGA office for information about exemptions.

8. How do I arrange to take CGA-Canada’s required course?

A. The required course can be accessed by visiting CGA’s Professional Development Network at www.cga-pd.net. Upon successful completion of the online course a copy of the certificate of completion must be sent to the appropriate association office.

9. How much will CGA’s tax and law course cost?

A. The cost of the CGA course is $400 Canadian (+ applicable taxes). Payable by Mastercard or Visa only.

10. I do not have a university degree and I qualified as an ACCA member after July 31, 1998. What do I need to do to become a CGA?

A. ACCA members who gained membership to ACCA after July 31, 1998 are required to hold a university degree recognized by CGA-Canada. The Bachelor of Science in Applied Accounting degree and MBA awarded by Oxford-Brookes are recognized by CGA-Canada.

11. I plan to immigrate to Canada as an ACCA member and obtain my CGA next year. Can I apply before coming to Canada?

A. Yes. ACCA members applying from outside of Canada can apply directly through CGA-Canada’s International department.

12. How long will it take for my application to become a CGA to be processed?

A. Once the required documents are received by the CGA office it would take one to three months to process an application to become a CGA under this MRA.

13. If I am already a CGA, do I have to do anything?

A. No. Individuals who are both an ACCA member and a CGA only need to ensure each designation’s requirements are maintained to remain a certified member of both bodies.

14. If I apply for membership with CGA-Canada under this MRA do I have to keep my ACCA membership?

A. Yes. Members of both bodies are required to keep their membership if they are accepted as a member of the other body under this MRA.

15. What are the application fees to become a CGA under the MRA?

A. The membership application fee is $300 Canadian. This fee may vary by province.

16. What are the annual fees for CGA-Canada?

A. CGA-Canada’s annual membership dues vary by province, but average $800 Canadian each year. For Offshore membership fees, please contact us at internationalinquiries@cga-canada.org

17. What do I need to do to maintain my membership with CGA-Canada?

A. To maintain your membership you will be required to pay annual membership dues and meet the Continuing Professional Development (CPD) requirements for both ACCA and CGA-Canada. Members in public practice will also be required to meet the annual public practice registration requirements.

18. What are the CGA mandatory CPD requirements?

A. They are the same as ACCA. Both ACCA and CGA have adopted the International Federation of Accountants’ (IFAC) CPD standards. Members will be required to report CPD activities annually to both CGA and ACCA.

19. If I complete my professional developments requirements through the routes offered under the ACCA’s Realise Continuing Professional Development program will this count toward my CPD requirements as a CGA member?

A. Yes. Completion of ACCA’s Realise Continuing Professional Development program requirements will satisfy the CPD requirements set by CGA-Canada.

20. I have a practicing certificate with ACCA enabling me to conduct audits in the UK. Can I transfer this to an audit status equivalent with CGA in a province where CGA-Canada has statutory rights to audit?

A. No. Members must meet the residency requirements and the public practice entry requirements of the association. Contact the provincial office of residency for more information.

21. If I obtain my CGA designation in one province will it be recognized in another?

A. Yes. CGAs enjoy full mobility within Canada. Professions in Canada are regulated at the provincial level. This means CGAs moving from one province to another are required to transfer their membership to the province of residence and may be required to complete additional courses or exams. PLEASE NOTE: ACCA members cannot obtain CGA designation in Quebec, but once you have obtained it in another province or territory, you can be recognized as a CPA in Quebec.

22. If I obtain my CGA designation in Canada, can I use this when I go to work in Hong Kong/Bermuda/China, etc.?

A.Yes. CGA designations obtained in Canada are recognized abroad.

23. Does the MRA confer practicing rights in countries where CGA-Canada members are eligible to obtain a practicing certificate from another body?

A. No. Members wishing to obtain a practicing certificate from a particular country will need to meet additional requirements specified by the regulatory authority in that country.

24. I am an ACCA student and have not completed my practical experience to become a full member. Can I qualify under the MRA?

A. Only full members of ACCA can qualify to become a CGA under the MRA.

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CGA-Canada | Last Updated: October 22, 2014