Recommend Going Forward

 The CA, CMA and CGA Orders in Quebec recently announced that their respective boards of directors have recommended moving forward with a merger of their organizations. With this favourable recommendation to the Office des professions, the provincial government is expected to introduce legislation in early 2012 that would establish a new professional accounting order representing more than 34,000 Quebec CAs, CMAs and CGAs.

Best Interest for Everyone

As you will see in the news release issued on October 4, the Quebec Orders concluded that uniting the profession is in the best interests of their members and the public, citing the emergence of international accounting standards and the blurring differences among the designations

Significant Development

This is a significant development for our colleagues in Quebec, and one that we have been watching very closely as we explore the merits and feasibility of uniting the CA and CMA bodies across the country.

CICA Mission Statement

 Our mission is to foster public confidence in the CA profession by acting in the public interest and helping our members excel.

 Vision Statement for Canada’s CAs

 “We are Canada’s most valued, internationally recognized profession of leaders in senior management, advisory, financial, tax and assurance roles.”

 Value Statement for the CA Profession

“Chartered Accountants are valued for their integrity and expertise”

To read more on the Unification , please see your source for the CA -CMA merger www.cpacanada.ca, go to the site and listen to the video commentaries.

Discussion Questions:

1. Do you believe that the Unification will happen for all CA’s, CMA’s and CGA’s for all of Canada?

2. Do you agree that unification is for the best interest of the public?

3. How will Unification help you the student, from a job market point of view.

4.Can you come up with a new Mission Statement for CPA’s?

Note: Information taken from the CICA website and www.cpacanada.ca