CPA Ontario has recently adopted a new Memorandum of Understanding (MOU) with the Institute of Chartered Accountants of Pakistan (ICAP). Effective immediately, this new MOU allows qualifying ICAP members an even faster route to the Canadian CPA designation.

Please submit the following:

• A letter of good standing (LGS) from ICAP certifying your membership in good standing and that you completed the qualifying examinations or Request for Certification of Membership with the Institute of Chartered Accountants of Pakistan form. You may provide this documentation as long as the original is provided by mail;
• International Candidate Application Form;
• CPA Certification Program CPA Student Registration Form 6-1A;
• Fee Remittance – see details below;
• Sign and date CPA Ontario's Academic Code of Conduct and abide by it;
• Proof of legal name – satisfactory documentation includes a photocopy of any one of the following documents: birth certificate, passport, Canadian citizenship certificate, both sides of a Canadian citizenship certificate card, both sides of a Canadian Permanent Resident card, landed immigrant papers, or baptismal certificate;
• Chronological resume listing all work experience; and
• Letter(s) of good standing from all other professional accounting bodies in which you hold membership.

All documentation must be provided in English. You are responsible to have documents officially translated if necessary. Your application will not be considered complete until all information and documentation has been received. It is your responsibility to ensure the application is complete and accurate and is received by the Registrar.

Submit your application via email or regular mail. Information completed via affidavit and containing a notary or commissioner stamp or seal must be submitted in original form by regular mail.

Email: support@prepformula.com

Students registered in this pathway are required to successfully complete the Common Final Examination (CFE) and meet the experience requirement to become members of CPA Ontario.

Students registered under the new MOU are granted an exemption from the prescribed practical experience requirement if they have obtained:

• a recognized university degree and more than two years of post-qualification experience; or
• more than five years of post-qualification experience.

The MOU governs admission to the profession. The MOU does not address the additional eligibility requirements to qualify for a public accounting licence in Ontario. Once the additional requirements to obtain a licence applicable to members who completed the MOU process have been determined, they will be posted online.

If you are applying to register as a student, you are required to submit fees with your application. The fee is prorated based on when your application is submitted and includes HST. The fee can be paid by credit card or by cheque made payable to Chartered Professional Accountants of Ontario.

If you submit your application between January 1 to June 30:

$125.00	Initial Administration Fee *
$600.00	Annual Student Fee
$725.00	Total Registration Fee before Taxes
$16.25	Taxes on Initial Administration Fee (HST#10750 8525)*
$78.00	Taxes on Annual Student Fee (HST#10750 8525)
$819.25	Total Registration Fee due

If you submit your application between July 1 to December 31:

$125.00	Initial Administration Fee *
$300.00	Annual Student Fee
$425.00	Total Registration Fee before Taxes
$16.25	Taxes on Initial Administration Fee (HST#10750 8525)*
$39.00	Taxes on Annual Student Fee (HST#10750 8525)
$480.25	Total Registration Fee due

*The Initial Administration Fee Fee plus applicable taxes is non-refundable.

Please note that the Annual Student Fee is an annual fee covering the period of January 1 to December 31 each year. All students are required to pay the fee in order to maintain their student registration in good standing

A decision of the Registrar not to register or register an individual as a student or to register a student may be appealed by the individual or student to the Membership Committee. The parties to an appeal are the individual appealing and the Registrar. The appeal shall be conducted in accordance with the Rules of Practice and Procedure. The decision of the Membership Committee is final.

You will be required to file a declaration of acknowledgement of, and agreement to abide by, CPA Ontario's Academic Code of Conduct.

For more information please contact support@prepformula.com.