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Acronyms

Here is a quick guide to acronyms and abbreviations commonly used by Ontario’s CA profession.

A

 

AAA

American Accounting Association

AASB

Auditing and Assurance Standards Board

AASOC

Auditing and Assurance Standards Oversight Council

AcSB

Accounting Standards Board

AG

Attorney General 

AcSOC

Accounting Standards Oversight Council

AICPA

American Institute of Certified Public Accountants

AIT

Agreement on Internal Trade

ASCA

Atlantic School of Chartered Accountancy

  

B

 

BoA

Board of Associates

  

C

 

CA

Chartered Accountant

CAAA

Canadian Academic Accounting Association

CA Act

Chartered Accountants Act, 1956 & 2009

CA•CBV

CA-designated specialist in business valuation

CA•CIA

CA-designated specialist in internal auditing

CA•CIRP

CA-designated specialist in insolvency and restructuring 

CA•CISA

CA-designated specialist in information systems audit, control & security

CA•IFA

CA-designated specialist in investigative and forensic accounting

CA•IT

CA-designated specialist in information technology

CARE

CA Reciprocity Examination

CAS

Canadian Auditing Standards

CASAO

Chartered Accountants Students’ Association of Ontario

CASB

CA School of Business

CA$H

Chartered Accountant University Challenge

CATO

Chartered Accountant Training Office

CBV

Chartered Business Valuator

CFA

Certified Financial Analyst

CFE

Certified Fraud Examiner

CFP

Certified Financial Planner

CGA

Certified General Accountant

CIA

Certified Internal Auditor

CICA

Canadian Institute of Chartered Accountants

CICBV

Canadian Institute of Chartered Business Valuators

CIFP

Canadian Institute of Financial Planners

CIRP

Chartered Insolvency and Restructuring Professional

CISA

Certified Information Systems Auditor

CKE

Core-Knowledge Examination

CMA

Certified Management Accountant

¢OIN

Chartered Accountant High School Challenge

CPA

Certified Public Accountant

CPAB

Canadian Public Accountability Board

CPD

Continuing professional development

CPRI

Canadian Performance Reporting Initiative

CRA

Canada Revenue Agency

CSA

Canadian Securities Administrators

CSE

Council of Senior Executives

CTF

Canadian Tax Foundation

  

D

 

DA

District CA association

  

F

 

FASB

Financial Accounting Standards Board

FCA

Fellow of the Institute of Chartered Accountants

FEI

Financial Executives International

FINTRAC

Financial Transactions and Reports Analysis Centre of Canada

FOME

Framework for Owner-Managed Entities

FSCO

Financial Services Commission of Ontario

  

G

 

GAA

Global Accounting Alliance

GAAP

Generally Accepted Accounting Principles

GAAS

Generally Accepted Auditing Standards

  
H

 

HSAP

HIgh School Associate Student Program

  

I

IAASB

International Auditing and Assurance Standards Board

IASB

International Accounting Standards Board

ICAA

Institute of Chartered Accountants of Alberta

ICAB

Institute of Chartered Accountants of Bermuda

ICABC

Institute of Chartered Accountants of British Columbia

ICAM

Institute of Chartered Accountants of Manitoba

ICAN

Institute of Chartered Accountants of Newfoundland        and Labrador

ICANS

Institute of Chartered Accountants of Nova Scotia

ICANWT

Institute of Chartered Accountants of the Northwest Territories and Nunavut

ICAO

Institute of Chartered Accountants of Ontario

ICAPEI

Institute of Chartered Accountants of Prince Edward Island

ICAS

Institute of Chartered Accountants of Saskatchewan

ICAY

Institute of Chartered Accountants of the Yukon Territory

IFAC

International Federation of Accountants

IFRS

International Financial Reporting Standards

IPSC

International Public Sector Committee

IQAB

International Qualifications Appraisal Board

ISA

International Standards on Auditing

ISO

International Organization for Standardization

ITA

Income Tax Act

ITC

Invitation to comment

  

L

 

LLC

Limited liability corporation

LLP

Limited liability partnership

  

M

 

MAPP

Managing a Public Practice Survey

MOPEs

Managers, owners, professionals and executives

MOU

Memorandum of understanding

MTCU

Ontario Ministry of Training, Colleges and Universities

MUSH

Municipalities, universities, schools and hospitals

  

N

 

NAFTA

North American Free Trade Agreement

NASBA

National Association of State Boards of Accountancy

NBICA

New Brunswick Institute of Chartered Accountants

NPOs

Not-for-profit organizations

  

O

 

OAG

Office of the Auditor General of Canada

OCAQ

Ordre des comptables agréés du Québec

OCC

Ontario Chamber of Commerce

OECD

Organization for Economic Co-operation and Development

OES

Ontario Economic Summit

OLIP

Ontario Legislative Interns Programme

OSC

Ontario Securities Commission

OSFI

Office of the Superintendent of Financial Institutions

OUF

Ontario Universities’ Fair

  

P

 

PA Act

Public Accounting Act, 2004

PAC

Public Accountants Council

PAEs

Publicly accountable entities

PCAOB

Public Company Accounting Oversight Board

PCC

Professional Conduct Committee

PD

Professional development

PE

Private enterprises

PEM

Professional Engagement Manual

PER

Practical experience requirements

PICA

Provincial institute of Chartered Accountants

PLI

Professional liability insurance

PSAB

Public Sector Accounting Board

  

Q

 

QAM

Quality Assurance Manual

  

R

 

ROB

Globe and Mail’s Report on Business

RFP

Registered Financial Planner

RFP

Request for proposal

RMGB

Risk Management and Governance Board

  

S

 

SBEs

Small business enterprises

SCC

Standards Council of Canada

SEC

U.S. Securities and Exchange Commission

SMA

Society of Management Accountants

SMEs

Small and medium- sized enterprises

SOA

School of Accountancy

SOX

Sarbanes-Oxley Act

  

T

 

TCP

Teacher Colleague Program

TFSA

Toronto Financial Services Alliance

TILMA

Trade, Investment and Labour Mobility Agreement

TSE

Toronto Stock Exchange

  

U

 

UASP

University Associate Student Program

UFE

Uniform Evaluation

  

V

 

VSRA

Voluntary Sector Reporting Awards

  

W

 

WWCAA

Waterloo Wellington Chartered Accountant Association