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State Board Report

December 2012

The official launch date for CPA Canada, the national organization supporting the provincial bodies of the Canadian Institute of Chartered Accountants and of the Certified Management Accountants of Canada, has been set for January 1, 2013. The development of the Canadian CPA (chartered public accountant) certification program is scheduled to be completed in the fall of 2013, Kevin J. Dancey, president and chief executive officer of the Canadian Institute of Chartered Accountants told the NASBA meeting on October 31. As the new program is being developed, an extension of the mutual recognition agreement with the Canadian Institute of Chartered Accountants was signed by representatives of NASBA, AICPA and CICA at the October Annual Meeting. The tri-party mutual recognition agreement extension, covering professionals in Canada, the U.S. and Mexico, has been sent to the Instituto Mexicano de Contadores Públicos for their signatures.

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