"在加拿大, Chartered Accountant (CA), 是会计界唯一可在全国范围内签署Audited Financial Statements的会计, The Canadian Institute of Chartered Accountants(CICA)是制定加拿大会计准则的机构."
In history, this statement is only true in Ontario, Quebec, and some of other provinces in Canada, not all of the provinces in Canada. BC is the best example.
Secondly, the Accountancy Act has been changed now in Ontario. CGA, CMA have the same right as CA to issue auditor's report. It may still be true CA will be dominate in audit for an uncertain period of time due to the protection of Ontario Accountancy Act for many decades. However, I believe CGA/CMA can do as well as CA in audit and will eventually gain increasing market in Ontario. Just look at BC, without the accountancy act exclusion, CGA has the same power as CA. Right now, there are more than 100 CGAs have obtained public license. CGAs always play a key role and they will play a bigger role and more be powerful in Ontario.
In history, this statement is only true in Ontario, Quebec, and some of other provinces in Canada, not all of the provinces in Canada. BC is the best example.
Secondly, the Accountancy Act has been changed now in Ontario. CGA, CMA have the same right as CA to issue auditor's report. It may still be true CA will be dominate in audit for an uncertain period of time due to the protection of Ontario Accountancy Act for many decades. However, I believe CGA/CMA can do as well as CA in audit and will eventually gain increasing market in Ontario. Just look at BC, without the accountancy act exclusion, CGA has the same power as CA. Right now, there are more than 100 CGAs have obtained public license. CGAs always play a key role and they will play a bigger role and more be powerful in Ontario.