The terms of the previous Mutual Recognition Agreement (MRA) are met for a transitional period of 12 months to file its full application by April 30, 2021 at 4:00 p.m., and then 12 months for the provincial authorities to process applications. Are you working together on a new form of agreement? The agreement applies to members of both institutions, regardless of where they are in the world, with the exception of the province of Quebec. ACCA members residing in Canada must apply through the provincial association in which they reside. The Canadian CPA profession and the Association of Chartered Certified Accountants (ACCA) are currently negotiating a new agreement defining how members of the professionals involved can obtain the designation of the other profession. With the exception of CPA Bermuda, which did not have an older CGA body, and CPA Quebec, which announced the termination of the ACCA on October 17, 2012, the new CPA bodies continued to join the agreement. On April 8, 2020, CPA Canada submitted a notice to the ACCA for the MRA to terminate the MRA effective April 30, 2021. After CPA Canada denounces the agreement, we are in the process of negotiating a new agreement that will determine how the respective professionals can obtain the designation of the other. During these negotiations, the terms of the previous Mutual Recognition Agreement (MRA) for one year`s notice, until 30 April 2021, are respected and applications for membership of the EMM must be reached by the competent authority before that date. An additional 12 months will be made available to process closed applications. Any new agreement between us will allow us to outline the continuation of entry into the profession while ensuring that the public interest is protected by maintaining the standards of entry into the profession at the appropriate level. How can I earn the required Canadian tax and law course? The NASBA/AICPA International Qualifications Appraisal Board (IQAB) is the link between the U.S. accounting profession and that of other States Parties to the General Convention on Trade in Services (GATS).