If you are a member in good standing of the Chartered Institute of Management Accountants (CIMA), U.K., you may qualify for membership under the Mutual Recognition Agreement (the MRA) with CIMA, U.K.
Since 2016, the accountancy bodies in Canada have been represented by the single unifying body of Chartered Professional Accountants of Canada (CPA Canada).
The mutual recognition agreement (MRA) between CIMA and the legacy Canadian body, CMA Canada, has continued to be honoured by CPA Canada since unification. Currently, negotiations for a new agreement between CIMA and CPA Canada are underway.
It is important to note that during this negotiation, the terms of the previous MRA will be respected for a three-month notice period until July 15, 2021 and fully completed applications for membership under the MRA must be received by this date.
CIMA Members wishing to become a Canadian CPA are reminded that the CIMA Membership must have been achieved via the CIMA Qualification and not from another MRA or Advanced Standing Arrangement.
CIMA members who completed the fast track routes (including IFAC recognition and experiential routes) that were not in existence and not anticipated by the original MRA are not eligible to become a Canadian CPA under the legacy MRA rules.