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View the PDF - The Institute of Chartered Accountants of Manitoba

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Unification Update<br />

In <strong>Manitoba</strong>...<br />

<strong>Manitoba</strong>’s Transition Steering Committee (TSC), established by CA and<br />

CMA <strong>Manitoba</strong>, is developing a formal merger agreement for <strong>the</strong> two bodies.<br />

<strong>The</strong> TSC has equal representation from both organizations and is working to support <strong>the</strong> implementation <strong>of</strong> <strong>the</strong> CPA pr<strong>of</strong>essional<br />

education program, develop governance policies and create a detailed transition plan to integrate operations.<br />

Across <strong>the</strong> country...<br />

ICAS and CMA Saskatchewan pursue merger agreement<br />

On December 3, 2012, <strong>the</strong> <strong>Institute</strong> <strong>of</strong> <strong>Chartered</strong> <strong>Accountants</strong><br />

<strong>of</strong> Saskatchewan (ICAS) announced to <strong>the</strong>ir members that<br />

<strong>the</strong> ICAS Council has voted unanimously in favour <strong>of</strong> pursuing<br />

a merger agreement with CMA Saskatchewan. In addition, a<br />

Transitional Steering Committee, consisting <strong>of</strong> ICAS and CMA<br />

members, has been formed to oversee <strong>the</strong> merger process in<br />

Saskatchewan.<br />

Alberta CA, CMA and CGA accounting bodies issue announce-<br />

ments<br />

<strong>The</strong> <strong>Institute</strong> <strong>of</strong> <strong>Chartered</strong> <strong>Accountants</strong> <strong>of</strong> Alberta (ICAA) is-<br />

sued an announcement to its members stating that <strong>the</strong> ICAA<br />

Council has chosen to resume discussions with CMA and CGA<br />

Alberta to support unification <strong>of</strong> <strong>the</strong> accounting pr<strong>of</strong>ession<br />

currently taking place across Canada. ICAA will be pursuing<br />

a consultation process with members and o<strong>the</strong>r stakeholders<br />

regarding unification <strong>of</strong> <strong>the</strong> pr<strong>of</strong>ession.<br />

<strong>The</strong> CGA and CMA bodies in Alberta welcomed <strong>the</strong> ICAA<br />

announcement and said that <strong>the</strong> return <strong>of</strong> <strong>the</strong> ICAA to <strong>the</strong><br />

unification effort in Alberta completes <strong>the</strong> <strong>Chartered</strong> Ac-<br />

countant provincial presence in <strong>the</strong> national merger. CGA and<br />

CMA Alberta will continue to move forward on <strong>the</strong> operational<br />

merger that began formally in October while ICAA completes<br />

<strong>the</strong> consultation process.<br />

CA Certificate Framing<br />

Proudly showcase your achievement by having your <strong>Chartered</strong><br />

<strong>Accountants</strong> <strong>of</strong> <strong>Manitoba</strong> certificate framed in a high-quality<br />

Canadian made frame, complete with an acid free mat or<br />

emblazoned with <strong>the</strong> CA logo.<br />

Order forms are available<br />

online at icam.mb.ca ><br />

Member Services > Member<br />

Benefits or by contacting<br />

<strong>the</strong> <strong>Institute</strong> at 204-942-<br />

8248 or icam@icam.mb.ca.<br />

CMA Ontario and ICAO issue announcements<br />

CMA Ontario’s board <strong>of</strong> directors issued an announcement<br />

stating CMA Ontario has decided to continue to support<br />

unification <strong>of</strong> <strong>the</strong> accounting pr<strong>of</strong>ession currently taking place<br />

across Canada. <strong>The</strong> <strong>Institute</strong> <strong>of</strong> <strong>Chartered</strong> <strong>Accountants</strong> <strong>of</strong><br />

Ontario is currently concentrating on transitioning to <strong>the</strong> CPA<br />

and <strong>the</strong> creation <strong>of</strong> CPA Ontario. CMA Ontario anticipates this<br />

process will need to be completed prior to <strong>the</strong> initiation <strong>of</strong> new<br />

efforts to join CPA as a member <strong>of</strong> CPA Ontario.<br />

ICAO welcomed <strong>the</strong> CMA Ontario announcement and said it is<br />

pleased that <strong>the</strong> CMA Ontario Board recognizes that <strong>the</strong> pro-<br />

cess <strong>of</strong> transitioning to CPA Ontario that is currently underway<br />

needs to continue and that CMA Ontario is prepared to wait<br />

until this process is completed prior to initiating new unifica-<br />

tion efforts.<br />

<strong>The</strong> <strong>Institute</strong> <strong>of</strong> <strong>Chartered</strong> <strong>Accountants</strong> <strong>of</strong> Bermuda announces<br />

positive vote results<br />

In a communication to members, <strong>The</strong> <strong>Institute</strong> <strong>of</strong> <strong>Chartered</strong><br />

<strong>Accountants</strong> <strong>of</strong> Bermuda (ICAB) reports that at its Special<br />

General Meeting held on December 6, 2012, <strong>the</strong> membership<br />

voted 97% in favour <strong>of</strong> <strong>the</strong> Bermuda <strong>Institute</strong> joining CPA<br />

Canada and 3% voted for Council to decide. <strong>The</strong> vote con-<br />

sisted <strong>of</strong> <strong>the</strong> ICAB members present at <strong>the</strong> meeting along with<br />

<strong>the</strong> proxies received from members overseas.<br />

See pages 6-7 for an overview<br />

<strong>of</strong> <strong>the</strong> status <strong>of</strong> unification<br />

across Canada.<br />

03

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