Unification Frequently Asked Questions

See below for answers about the unification of the legacy bodies into one professional designation.

Who was involved in the unification in New Brunswick?

The three professional accounting bodies in New Brunswick were involved. A Board of Directors consisting of equal representation from each legacy body member was initially established to deal with legislative and transition matters. This Board of Directors then became the first Board of Directors of CPA New Brunswick.

Who is involved in the unification across Canada?

Currently, all provincial accounting bodies representing Canada’s more than 200,000 professional accountants are working to achieve unification or have already merged under the CPA banner. It is expected that the process will soon be complete for all provinces and Bermuda.

Has CPA legislation been passed in NB?

Yes. The Chartered Professional Accountants of New Brunswick has been established since September 1, 2014, with the passing of the Chartered Professional Accountants Act by the Government of New Brunswick. It is the sole regulatory body for New Brunswick’s 3,000 designated active and retired Members and Candidates.

Can designated accountants currently use the CPA designation in NB?

Yes, since September 1, 2014. The membership of CPA New Brunswick consists of those persons who are admitted as Members in accordance with the Act, By-laws and the Unified Rules of Professional Conduct and who remain in good standing.

All CPAs and members of a legacy body who use the CPA designation must include, after their name, the CPA designation followed by the legacy designation. By sharing the same title, members will benefit from marketing consolidation of the accounting profession and from a single voice to defend their interests.

Will CPA be a fourth accounting designation in addition to CA, CMA, and CGA?

No. The Chartered Professional Accountant (CPA) designation has grown out of the belief that Canada needs a single, unified accounting profession.

How does the unification of CPA New Brunswick benefit the public?

All new CPAs are trained under a national, high-quality certification program, ensuring the same high standards of training across the profession, reducing confusion for the public, and simplifying hiring processes for recruiters and business clients. In addition, all designated accountants are regulated by one body with harmonized standards and regulations.

Should I contact CPA New Brunswick if I have questions or need to make an inquiry regarding a member?

Yes. CPA New Brunswick manages regulatory responsibilities for CPA members, including discipline and other matters.

Will members have to qualify/re-certify to become a CPA?

No. Since the passing of the CPA legislation in New Brunswick, all members who were in good standing with their legacy body at the time of the unification on September 1, 2014, are automatically granted the CPA designation. As a member of an accounting body that’s unified under the CPA banner, members are now CPA, CA; CPA, CGA; or CPA, CMA, which indicates their legacy designation.

What does this mean for a public accounting firm?

Consistent with the CPA brand strategy, CPA New Brunswick and the unifying bodies intend that Public Accounting Firms will eventually transition their reference from a legacy tagging to CPA or Chartered Professional Accountant.