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THE DEADLINE FOR COMPLETING YOUR LEGACY CMA REQUIREMENTS IS JUNE 30, 2020

Some Legacy CMA students have expressed concern about meeting the June 30, 2020 deadline as failure to do so will result in deregistration. A Student who has been deregistered will not be able to reregister except under extraordinary circumstances. 

If you don’t think you’ll be able to meet your deadlines, there is a new option available to you. This option allows you to apply to become a Transitional CMA student under Regulation 9-1.

WHAT THIS MEANS FOR YOU

By changing registration categories, you will be eligible to achieve a CPA designation – however, you will no longer be eligible to achieve a dual designation (CPA, CMA).

As a Transitional CMA student, you will need to meet the transitional requirements by the deadlines below (as outlined in Regulation 9-1):

Failure to complete the transitional requirements by the prescribed deadlines noted above will result in deregistration.

This flowchart will help you determine if applying to become a Transitional CMA Student is right for you:

*Click or tap on the image to expand

Important Note: If you choose to transition from the Legacy CMA category to the Transitional CMA category, you will be unable to transition back. A transition is irrevocable. Please ensure you fully understand the consequences prior to applying to transition. 

NEXT STEPS

If you have not done so already, review the flowchart to help you decide if applying to become a Transitional CMA student is right for you.

Should you choose to transition:

  1. You need to complete, sign and date this declaration form
  2. Email the declaration form to registration2020@cpaontario.ca
  3. If approved, we will contact you to inform you that your registration category has been changed and you may enroll in Capstone 1.

*If you are already sure of your decision to transition, consider transitioning in time for the upcoming Capstone 1 enrolment period (February 1 to February 28, 2019). Please refer to the CPA PEP schedule for future enrollment dates.

Should you have further questions or would like to set up an advisement call, please contact us.

CMA Legacy Requirements


Am I a Legacy CMA Student?

You fall under this category if you:

  • Registered with CMA Ontario prior to February 1, 2015.
  • Completed all the education components of the CMA program.
  • Have completed the legacy CMA Practical Experience Requirements or working towards completing the CPA Practical Experience Requirements.
  • Maintained your status as an active student by paying the CPA Ontario Annual Student Due (ASD).

Once you have completed all the requirements by the deadlines indicated below, you may be eligible for the CPA, CMA designation. For more information, refer to Regulation 9-1.


Practical Experience

You must complete your CMA legacy practical experience requirements by September 1, 2018. iSkills will not be available after this date, so it is imperative that you complete your practical experience by this date.


Deadlines to Apply for Membership

You may be eligible for the CPA, CMA designation if you complete all the requirements and meet the following deadlines:

  • You met the legacy CMA Practical Experience Requirements in iSkills prior to September 1, 2018.

OR

  • You meet the CPA Practical Experience Requirements in PERT prior to June 30, 2020.

Once you have completed all the requirements and meet the deadlines above, you may apply for membership.

COMPLETING LEGACY CMA PRACTICAL EXPERIENCE?

If you did not meet the legacy CMA Practical Experience Requirements in iSkills prior to September 1, 2018 you must transition to the CPA Practical Experience Requirements and report in PERT. Learn how to transition here.  

MEET YOUR DEADLINES

Ensure you are familiar with the deadlines you must meet to successfully complete the program. Students who do not meet the deadlines will be deregistered from the program.
Consequences of Deregistration