CGA-Canada Agrees to Enter Exploratory Merger Discussions
October 28, 2011
CGA-Canada has announced that it has agreed to enter exploratory discussions with the CICA and CMA Canada about the possibility of the three national accountancy bodies merging operations. The CICA and CMA Canada are welcoming CGA-Canada to these discussions.
Over the last five months as the CAs and CMAs moved forward with the unification initiative, the door was left open for the CGAs to enter the discussion. CGA-Canada has now agreed to work with CICA and CMA Canada to explore how the operations of the three national bodies can be merged to best support members and the provincial organizations throughout the unification process and beyond.
Like other affiliates, CGA-Canada in joining this discussion, has agreed with the eight overarching principles that have been guiding the CA and CMA organizations’ unification exploration from its inception. This agreement is important as it provides the potential for a timely unification of members of all three accounting organizations under the designation Chartered Professional Accountant.
Currently, the CA and CMA national boards and provincial councils are reviewing feedback from members and other stakeholders who influence the future of the profession. Should a decision be made to present a formal unification proposal to members, the provincial organizations will be actively engaging members and soliciting feedback and the national organizations will help to coordinate that process while developing plans to integrate our operations.
We will continue to keep you informed as things progress, and as always we welcome your thoughts on this important initiative. If you have any questions or comments, please contact us at email@example.com, and if you have any questions or would like to speak with someone directly, please contact us at 604-605-5147.
Anthony Ariganello, CPA (Delaware), FCGA
President and Chief Executive Officer
Certified General Accountants Association of Canada