About Chartered Professional Accountant

Overview of how the Chartered Professional Accountant (CPA) designation emerged in Newfoundland and Labrador!

In June, 2013, it was announced that the Society of Certified Management Accountants of Newfoundland and Labrador (CMA‐NL), the Certified General Accountants Association of Newfoundland and Labrador (CGA NL), and the Institute of Chartered Accountants of Newfoundland and Labrador (ICANL) signed an agreement to pursue unification. The three regulated accounting designations would work together to become the Chartered Professional Accountants of Newfoundland and Labrador (CPA NL) under the national CPA banner.

After extensive consultation with members, the agreement was reached following votes by the ICANL Board, CGA NL Board and CMA‐NL Board in favour of unifying the three organizations.

Together, ICANL, CGA NL and CMA‐NL worked with the provincial government to enact CPA legislation which was presented and passed during the fall 2014 sitting of the HOA and was proclaimed on January 9th, 2015.

CPA is Canada’s pre‐eminent accounting and business designation. With more than 1,400 members and students in this province, CPA NL will foster the growth and evolution of the accounting profession, while also providing the expertise to help businesses in every sector of the economy.

Nationally, a combined Canadian accounting profession, built on the strengths of the three legacy designations will be more than 190,000 members strong and better positioned to represent their interests in Canada and abroad. Unification will also enhance the influence, relevance and contribution of the Canadian accounting profession. The public interest will be served by common codes of conduct, disciplinary systems and licensing regimes.

To learn more about the status of CPA Unification across Canada please visit the CPA Canada Website.