State Board Report

November 2011

The boards of directors of the CA Order, the CGA Order and the CMA Order have all voted to move ahead with unifying the accounting profession in Quebec, Canada. The merger of the three groups was recommended by the Office Des Professions Du Quebec. The combined organization will represent over 34,000 accounting professionals. At the national level in Canada, talks are going on about combining only two groups, the CAs and CMAs.

Quebec sees itself as a forerunner in bringing together the Certified General Accountant (CGA), Chartered Accountant (CA) and Certified Management Accountant (CMA) in Canada. “At a time when the practice of the profession is tied more and more to the developments in the global economy, when standards are increasingly set by international organizations and when the unique attributes of the three existing accounting designations are blurring, uniting the accounting profession seems like the way of the future. Quebec’s three accounting orders are convinced that it will allow them to increase the influence of professional accountants both nationally and internationally, make the profession more attractive to students than other careers, earn the profession more recognition from employers, investors and opinion leaders, and better protect the public,” the three orders’ joint press release states.

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