yes. the new Ontario CPA courses will be offered in 2 years. .it is said new CPA will be very similar to CA process. 3 tests. current CMA if you want to upgrade full CPA, you will have to take some courses(tax and auditing) then take a exam. if not, your designation will be CPA-cma.
CMA CA CGA merging is decided by provincial offices. Albert has already offered CPA course.
-rsam007(rsam007);
2013-5-24{315}(#72210@41)
Just curious: if CPA-CMA (after merger) can transfer to full CPA which is not followed with “ –CMA” tag anymore, without taking extra exam, after 10 years? Thanks.
-wind_morning(风);
2013-5-25(#72215@41)
I might type wrong. current CMA can be titled CPA-cma, not full function CPA unless you take extra courses.
-rsam007(rsam007);
2013-5-25(#72216@41)
So, What's the meaning of 10 years period in your first posting?
-wind_morning(风);
2013-5-25(#72217@41)
good catch..I think what I want to say is in 10 years, cma and CA still can issue designations respectively. but after 10 years, only 1 designation from CMA and CA. that's CPA-cma. and CPA. if i understand correctly, CA can fully transfer to CPA. but CMA are not unless you pass a exam. Somehow i saw my cma handout has a cpa-cma logo..
for detail, go to CMA website: www.cma-ontario.org
-rsam007(rsam007);
2013-5-25{380}(#72218@41)
During the 10 years period, you are tagged with your legacy desginations, such as CPA, CA; CPA, CGA; and CPA, CMA, unless you get your desgination under the new CPA program.After ten years, it becomes the same for everyone as you do not need to indicate your legacy desginations.
-wrongway(歧途);
2013-5-25{106}(#72225@41)
Thank you for explanation of the situation after 10 years. It's the same as my previous understanding.
-wind_morning(风);
2013-5-26(#72228@41)