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Definition

CPA


In Canada, CPA stands for Chartered Professional Accountant, a prestigious and unified accounting designation that represents a high standard of expertise, ethics, and professionalism in the accounting profession. The CPA designation was created through the merger of three former accounting bodies: Chartered Accountants (CA), Certified Management Accountants (CMA), and Certified General Accountants (CGA), completed between 2012 and 2014.


To become a CPA in Canada, candidates must complete the CPA Professional Education Program (CPA PEP), which combines academic learning, practical experience, and a final examination known as the Common Final Examination (CFE). In addition, candidates must fulfill a minimum of 30 months of relevant work experience in accounting or financial roles.


CPAs in Canada are qualified to work in a wide range of roles, including financial reporting, taxation, audit, management accounting, and advisory services, in both public and private sectors. They are highly respected for their financial expertise and commitment to upholding strict ethical standards.


The CPA designation is regulated by CPA Canada, in collaboration with provincial and territorial CPA bodies, ensuring consistent national standards.


In summary, a CPA in Canada is a trusted financial professional equipped to provide high-level accounting and business insight across diverse industries.

See also

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