The Chartered Professional Accountants of Canada (CPA Canada) and FP Canada announced June 5 that the two associations have signed a memorandum of understanding (MOU) to provide services to each other’s members and collaboration between professionals in the two organizations.
“The MOU between CPA Canada and FP Canada will strengthen comprehensive financial guidance for Canadians by allowing stronger collaboration between the accounting and financial planning professions,” FP Canada writes in a statement about the new relationship. “This relationship will offer professional accountants who are part of CPA Canada with opportunities to enhance their credentials, along with improved access to FP Canada courses and conferences. The two organizations will also collaborate on continuing education, research and thought leadership initiatives.”
Certified financial planner (CFP) and qualified associate financial planner (QAFP) professionals, meanwhile, will also have access to some CPA Canada programs, including accredited continuing education and national events, they add.
“By combining the strengths of both professions, Canadians will benefit from comprehensive advice that spans everything from complex tax strategies to long-term financial planning – leading to more informed, confident decisions about their financial futures,” FP Canada concludes.