Canadian Institute of Chartered Accountants (CICA) was incorporated by, 111 years ago, in 1902. This act is now recognized as the Canadian Institute of Chartered Accountants Act. The act was last amended in 1990 to mirror the CICA’s present powers and mandate.
With an objective to support the setting of accounting, auditing and assurance standards for business, non-profit organizations and government, the CICA works in association with its provincial member organizations.
Other responsibilities that the CICA carries out include:
The CICA is a founder member of the International Federation of Accountants (IFAC) and the Global Accounting Alliance (GAA).
Chartered Accountants in Canada can be admitted to the profession through their Provincial Institutes. These institutes have the authority to establish and administer the admission criteria, qualification procedure and performance standards within their jurisdictions.
For admission to the Chartered Accountants profession, a candidate should have:
Persons with foreign accountancy designations who are interested to become a Canadian Chartered Accountant should apply to the institute in the jurisdiction where they reside or plan to reside.