Chartered Accountants, or CAs, are business professionals who generally work in four key areas. About 40 percent of CAs are in public practice, while the other 60 percent are employed in industry, government, or
CAs who work in public practice provide accounting and business advice to clients in areas such as small business tax, audit, information technology, personal financial planning, business valuation, receivership,
insolvency and forensic investigation.
CAs who work in industry develop financial and administrative policies, analyze information, and provide strategic leadership. CAs add value to organizations as CEO/President,Treasurer/V.P. Finance, Controller, or Systems Developer.
All levels of government require accounting expertise to guide financial planning and to maintain fiscal control. Federal and provincial departments, Crown corporations and a variety of health-care and welfare
organizations employ CAs as tax auditors, policy planners and financial analysts.
Many CAs are educators who make a valuable contribution to society by teaching future leaders about business, values and ethics. Many of Canada's top educators are CAs.
2 About CGA-Canada
Founded in 1908, the Certified General Accountants Association of Canada is a self-regulating, professional association of 75,000 students and Certified General Accountants — CGAs.
CGAs work throughout the world in industry, commerce, finance, government, public practice and other areas where accounting and financial management is required. CGA clients range from major corporations and industries to entrepreneurs. Their expertise is valued in the public sector, government and
the corporate world.
CGA-Canada represents CGAs and students in Canada, as well as Bermuda, the nations of the Caribbean, the People’s Republic of China and Hong Kong.
CGA-Canada sets educational standards, professional guidelines, provides services and develops the CGA Program of Professional Studies.
CGA-Canada contributes to national and international accounting standard setting through co-operative professional relationships with other accounting bodies, represents the interests of the public and CGAs, and serves as an advocate for accounting professional excellence.
CGA-Canada establishes professional standards for its members through the Code of Ethical Principles and Rules of Conduct, the CGA Independence Standard and mandatory continuing professional development.
3 What is a CMA?
Certified Management Accountants (CMAs) do more than just measure value—they create it. As the leaders in management accounting, CMAs actively apply a unique mix of financial expertise, strategic insight, innovative thinking and a collaborative approach to help grow successful businesses.
Working in organizations of all sizes and types, CMAs provide an integrating perspective to business decision-making, applying a unique blend of expertise in accounting, management and strategy to identify new market opportunities, ensure corporate accountability, and help organizations maintain a long-term
CMAs have unique competencies in cost management, strategic performance measurement, process management, risk management and assurance services, and stakeholder reporting, coupled with the ability to connect strategy with operations and anticipate customer and supplier needs. They have a holistic view of business, are able to identify issues, envision and chart solutions, and engage the appropriate measures and people within the organization to achieve the desired results.CMAs are considered both leaders and solid team players, which translates into a unique and effective style of management.
Unlike other accounting and business professionals, who specialize in financial reporting, auditing, theoretical applications or after-the-fact verification, the CMA is equipped to look to the future to provide real-world strategic direction, business management and leadership.