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How US CPA can get Canadian CPA Designation?
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If the candidate holds the U.S. CPA credential, then the candidate can earn a Canadian CPA designation too. What is MRA? Mutual Recognition Agreement – On January 1, 2018, the MRA between all Canadian CPA bodies and the United States’ International Qualifications Appraisal Board (IQAB), which
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represents the National Association of State Boards of Accountancy (NASBA) and the American Institute of Certified Public Accountants (AICPA), came into effect.
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Eligibility Requirements for US CPA seeking Canadian CPA designation:
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• You have completed at least 150 semester hours of college or university coursework, including a bachelor or higher degree from a college or university recognized by the State Board.
• Valid US CPA License
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• You have a total of 30 months of relevant work experience. The 30-month experience
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criterion is met by applicants who have two years of relevant post-qualification experience. The International Practical Experience Verification and Employer Details form is required for applicants with fewer than two years of relevant post-qualification experience. U.S. CPA who are or have been residents of Canada must complete these additional requirements:
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