AICPA specialized information, credentials available to CPA Canada members


Under a new agreement, Chartered Professional Accountants of Canada (CPA Canada) members can join the AICPA’s Forensic and Valuation Services and Information Management and Technology Assurance sections and will have the opportunity to obtain the Certified in Financial Forensics (CFF) and Certified Information Technology Professional (CITP) credentials. Previously, these credentials have been available only to AICPA members.

Practice aids, webcasts, newsletters, and online forums related to the specialty areas also will be available to CPA Canada members who join those sections.

This expansion of a cross-border collaboration was made possible when the AICPA governing Council in May 2013 authorized the Institute through its board of directors to offer specialized credentials to non-U.S. accounting professionals. The AICPA is working only with accounting bodies with significant national or international stature and stringent eligibility requirements and codes of conduct.

CPA Canada was established in January 2013 when three Canadian legacy accounting designations (Chartered Accountant, Certified Management Accountant, and Certified General Accountant) were united under the Chartered Professional Accountant designation.

In addition to the forensics and technology areas, CPA Canada members can use AICPA resources in business valuation and personal financial planning. CPA Canada and the AICPA will evaluate the potential for making the AICPA Accredited in Business Valuation (ABV) and Personal Financial Specialist (PFS) credentials available to CPA Canada members in the future.

FEATURE

Tackling TCJA changes this tax season

Return preparers must be ready for how the Tax Cuts and Jobs Act has modified many common features of individual and business returns.

PODCAST

Why CPAs can’t wait on automation tools

What do accounting firms waiting on others to develop AI, automation, and data analytics tools have in common with a baseball fan sitting in a stadium filling with water at an exponential rate? The answer could determine your firm’s fate.