CPA Canada and AFOA Canada strengthen ties

TORONTO, Feb. 19, 2016 /CNW/ - Chartered Professional Accountants of Canada (CPA Canada) and AFOA Canada (formerly Aboriginal Financial Officers Association of Canada) are building on a long-standing and collaborative relationship through a new Memorandum of Understanding (MOU).

"We both share a common vision," says Tashia Batstone, vice-president, education services, with CPA Canada. "We each represent professionals who demonstrate a commitment to help organizations and communities succeed through high standards, accountability and strong decision making."

One of the ways CPA Canada will be offering support is by providing an efficient pathway to the new CPA Canada Advanced Certificate in Accounting and Finance (ACAF). The ACAF is an online education program created for students looking for junior and intermediate careers in accounting and finance. CPA Canada will work on integrating some course material from its ACAF program into the curriculum to become a Certified Aboriginal Financial Manager (CAFM). This will provide CAFM students an accelerated route to obtain the ACAF.

"The health and success of our Aboriginal communities can be linked to financial wellness and its management capacity," states Terry Goodtrack, president and CEO of AFOA Canada. "Certified Professionals are key to communities in their journey towards social and economic prosperity. This relationship with CPA Canada just makes sense and continues to strengthen our ability to produce the top Aboriginal accounting and financial professionals. "

With the MOU, CPA Canada is also looking at beyond just program support.

"CPA Canada will also look for opportunities to increase exposure to Indigenous culture and history to members and students through professional development and education programs," adds Kevin Dancey, president and CEO of CPA Canada. "We look forward to a strengthened working relationship with AFOA Canada and continuing to explore ways our two organizations can bring value to our members."

About CPA Canada
The new Canadian designation, Chartered Professional Accountant (CPA), is now used by Canada's accounting profession across the country. The profession's national body, Chartered Professional Accountants of Canada (CPA Canada), is one of the largest in the world with more than 200,000 members, both at home and abroad. The Canadian CPA was created with the unification of three legacy accounting designations (CA, CGA and CMA). CPAs are valued for their financial and tax expertise, strategic thinking, business insight, management skills and leadership. CPA Canada conducts research into current and emerging business issues and supports the setting of accounting, auditing and assurance standards for business, not-for-profit organizations and government. CPA Canada also issues guidance and thought leadership on a variety of technical matters, publishes professional literature and develops education and professional certification programs. cpacanada.ca

About AFOA Canada
AFOA Canada is a membership driven organization and was founded as a not-for-profit association in 1999. The organization supports Aboriginal professionals in managing and governing their communities and organizations through a focus on enhancing finance, management and leadership practices and skills. AFOA Canada's premise is that the key to economic prosperity and creating a better life for Canada's Aboriginal people is in improving the management skills of those responsible for the stewardship of Aboriginal resources.
AFOA Canada has become the centre of excellence and innovation in Aboriginal finance, management and leadership. It is the largest and only organization in Canada that focuses on the capacity development and day to day needs of those Aboriginal professionals who are working in all of these areas. Our products and programs are developed by Aboriginal professionals for Aboriginal Professionals. afoa.ca

SOURCE CPA Canada

For further information: Diana Sorace, Manager, Media Relations, CPA Canada, T: 604-694-6700, C: 604-551-4487, dsorace@cpacanada.ca; Jody Anderson, Manager, Public Relations, AFOA Canada, C: 613-297-5998, janderson@afoa.ca

RELATED LINKS
www.cpacanada.ca

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