The ICAA Council consists of nine elected chartered accountants and three appointed public members and is responsible for fulfilling the mandate set forth in the Regulated Accounting Profession Act (RAPA). All regulations, bylaws, Council resolutions, rules of professional conduct and related guidelines are passed in accordance with this legislation. The ICAA Council is also responsible for setting the strategic direction of the CA profession in Alberta, and is committed to serving the interests of the public and the profession.
Already, I have participated in several Council meetings as well as a joint meeting of all three accounting bodies. Additionally, last week I had a chance to attend the ICAA’s annual general meeting. The photo below was taken after the meeting.
From a governance perspective, this is a particularly strategic time to be involved, as the ICAA is in the process of merging with the Certified General Accountants of Alberta (CGA Alberta) and the Certified Management Accountants of Alberta (CMA Alberta). Among other benefits, the unification is expected to result in a single designation, the Chartered Professional Accountant, for the accounting profession in Alberta. This unification is part of a similar effort underway throughout Canada.