The Association of Chartered Certified Accountants (ACCA) and PrimeGlobal have signed an agreement in which they collaborate on several projects, including reflection, research and professional knowledge, as well as learning and development in areas of common interest and value for their members and communities. NOTE: Due to the termination of the contract and the expected volume of applications, we advise you to begin the MRA admission process as soon as possible. Processing times may vary depending on the volume. Although ACCA considers recognition for legal tax purposes, it does not have an agreement with an accounting office in South Africa, while ICAEW, ICAS and CA Ireland have agreements with the South African Institute of Chartered Accountants. CGA Provincial Bodies and CGA Canada signed the Existing Mutual Recognition Agreement (MRA) with the Association of Chartered Certified Accountants (ACCA) in 2011. Following the unification of Canada`s three different accounting positions in 2014, the commitments of each CGA body that was a party to the agreement were transferred to the new CPA body for that jurisdiction. With the exception of CPA Bermuda, which did not have an older CGA body, and CPA Quebec, which announced the termination of the ACCA on October 17, 2012, the new CPA bodies continued to join the agreement. On April 8, 2020, CPA Canada submitted a notice to the ACCA for the MRA to terminate the MRA effective April 30, 2021. Members of the two institutions that apply under this agreement should also remain members of their original designation. The ACCA and the Certified General Accountants Association of Canada (CGA-Canada) have entered into a Comprehensive Mutual Recognition Agreement (MRA). Initially signed in 2006, the contract was renewed in July 2011. In 2012, CGA Canada was part of CPA Canada.
The MRA remains in effect in all provinces except Quebec. Helen Brand OBE, head of the ACCA, said: “We are all delighted to be formally linked to PrimeGlobal regarding this agreement. And we have already begun to reap the benefits of this agreement, with Steve Heathcote, who recently accompanied us to a global webinar on the road to healing from Covid-19. The exchange of our know-how is of immense value to our members and also to the wider profession, especially in these turbulent times. Everyone at the ACCA is looking forward to the projects, events and training we plan together. With our world-leading ACCA qualifications, we offer everyone the opportunity to pursue a rewarding career in accounting, finance and management.